Nigeria’s music industry is one of the most vibrant and dynamic in Africa. Over the years, the country has produced some of the most talented and successful musicians, many of whom have gone on to become household names both within and outside the country. Nigerian hip hop, in particular, has witnessed tremendous growth and development, with the emergence of several talented rappers who have become influential figures in the music industry. But who is the richest rapper in Nigeria? In this article, we will explore the top ten richest rappers in Nigeria and their net worth.

1. Olamide – $12 million

Olamide Adedeji, popularly known by his stage name Olamide, is a Nigerian rapper, singer, and songwriter. He is considered one of the most successful rappers in Nigeria and has won several awards both locally and internationally. Olamide is the founder and CEO of YBNL Nation, a record label that has produced several successful artists. According to Forbes, his net worth is estimated at $12 million.

2. Phyno – $11 million

Chibuzor Nelson Azubuike, popularly known by his stage name Phyno, is another highly successful rapper in Nigeria. He is known for his unique style of rapping in the Igbo language, which has earned him a lot of fans and followers. Phyno is also a record producer and has produced several hit songs for himself and other artists. According to Forbes, his net worth is estimated at $11 million.

3. M.I Abaga – $10 million

Jude Abaga, popularly known as M.I Abaga, is a Nigerian rapper, songwriter, and record producer. He is considered one of the most influential rappers in Nigeria and has won several awards for his music. M.I Abaga has also produced several successful albums and has been involved in the music industry for over a decade. According to Forbes, his net worth is estimated at $10 million.

4. Ice Prince – $8 million

Panshak Zamani, popularly known as Ice Prince, is a Nigerian rapper and songwriter. He rose to fame in 2010 with his hit song “Oleku” and has since released several successful songs and albums. Ice Prince has won several awards for his music and has also collaborated with several international artists. According to Forbes, his net worth is estimated at $8 million.

5. Falz – $7 million

Folarin Falana, popularly known as Falz, is a Nigerian rapper, actor, and lawyer. He is known for his unique style of rapping, which blends African rhythms with western influences. Falz has released several successful songs and albums and has won several awards for his music. He is also an advocate for social justice and has used his music to address several societal issues. According to Forbes, his net worth is estimated at $7 million.

6. Ycee – $6 million

Oludemilade Martin Alejo, popularly known as Ycee, is a Nigerian rapper and songwriter. He rose to fame in 2015 with his hit song “Jagaban” and has since released several successful songs and albums. Ycee has won several awards for his music and has collaborated with several international artists. According to Forbes, his net worth is estimated at $6 million.

7. Reminisce – $5.5 million

Remilekun Safaru, popularly known as Reminisce, is a Nigerian rapper, singer, and songwriter. He is known for his unique style of rapping, which blends traditional Nigerian music with modern influences. Reminisce has released several successful songs and albums and has won several awards for his music. According to Forbes, his net worth is estimated at $5.5 million.

8. Vector – $5 million

Olanrewaju Ogunmefun, popularly known as Vector, is a Nigerian rapper, singer, and songwriter. He rose to fame in 2010 with his hit song “Get Down” and has since released several successful songs and albums. Vector is also a record producer and has produced several hit songs for himself and other artists. According to Forbes, his net worth is estimated at $5 million.

9. Illbliss – $4.5 million

Tobechukwu Ejiofor, popularly known as Illbliss, is a Nigerian rapper, singer, and songwriter. He is known for his unique style of rapping, which blends African rhythms with western influences. Illbliss has released several successful songs and albums and has won several awards for his music. According to Forbes, his net worth is estimated at $4.5 million.

10. Zlatan – $4 million

Omoniyi Temidayo Raphael, popularly known as Zlatan, is a Nigerian rapper and songwriter. He rose to fame in 2019 with his hit song “Zanku” and has since released several successful songs and albums. Zlatan has won several awards for his music and has collaborated with several international artists. According to Forbes, his net worth is estimated at $4 million.

Final Thoughts

In conclusion, the Nigerian music industry is filled with talented and successful rappers who have made a huge impact both locally and internationally. While the list of the top ten richest rappers in Nigeria is constantly changing, these ten rappers have consistently made a name for themselves in the industry and have amassed considerable wealth through their music. Whether it’s Olamide, Phyno, M.I Abaga, Ice Prince, Falz, Ycee, Reminisce, Vector, Illbliss, or Zlatan, it’s clear that Nigerian rap is here to stay and will continue to produce successful and wealthy rappers for years to come.