Top 5 Richest Artistes In Nigeria in 2016 (No5 will shock you)

Year in year out, they artistically express themselves via songs churned out en masse to the delights of millions across the globe, headlining shows and performing at others with major sold-out feature.

While some of the artistes on this list make the ‘we love to hate them clique, there is no denying that we love their sound and our unfailing love for it, like Yemi Alade, said a couple of days back, makes them smile to the bank.Here are top 5 richest artistes and their net worth

Psquare
ESTIMATED NET WORTH:N5 billion: Peter and Paul Okoye, famously known asPsquarehave stayed relevant in the music industry, snagging deals and headlining major shows and concert along the way.

The brothers, who are ambassadors to several brands to include telecommunication company, Glo which came witha Mercedes Benz G Wagon and Range Rover vogue , whichcosts not less than N25m, Olympic Milk alongside a paycheck of N250million. Skol beers and Kia Motors, are the richest musician in Nigeria.

They reportedly charge a whooping $50,000 for shows.

They own four houses; an omole estate house, an Ikoyi home, a banana island home and apartments in Buckhead in L.A. Paul, on his part owns a record label [Rudeboy Records] and a real estate business, while Peter, owns a budding football agency.

Add all these with their over a million record sales, and other exotic cars worth over N200 million has Psquare’s estimated net worth at N5 billion.

Davido
ESTIMATED NET WORTH:N4 billion: Save for the thousand of foreign currencies he flaunts on social media, American born Nigerian singer, Davido a.k.a Son Of Mercy, stated clearly that asides his numerous assets, he has $2million in his bank account, which we think might be his trust fund[just saying].

He is a brand ambassador for Closeup, Pepsi, formerly an ambassador for telecommunications company MTN, Guinness Nigeria,  and recently snagged a Sony endorsement deal reportedly worth $1million. He owns a Lekki mansion worth about N120 million and is at the verge of acquiring a new one, also believed to be worth several millions of Naira.

He also owns fleet of cars to include a Rolls Royce Phantom worth N100 million, a 2015 Range Rover Sport worth N35 million, a 2015 Audi worth N20 million, A Toyota Land Cruiser worth N28 million, Mercedes Benz G-class AMG Series worth over N40 million, Mercedes Benz  Sedan AMG seriesworth over N50 million and a Porsche Carrera worth about N35-45million.

He also owns two music labels, HKN, co-owned with elder brother and DMW, solely owned by him. Coupled with shows/concerts he performs at, record sales and royalties, Davido’s estimated net worth isN4 billion.

Wizkid
ESTIMATED NET WORTH:N3.5 billion: Currently riding on international stride and stars, Wizkid, comes in as number three on our list.

From owning a Surulere house worth about N15 million to his Lekki home which is estimated at N65 million. Wizkid, asides his rumored soon to be made public deal with Sony, owns his own record labels, Starboy Records and Starboy Worldwide, which houses 5 musicians in total.

He was a brand ambassador for MTN where he reportedly was paid N45 million before sliding into the tent of rival telecommunications company Glo, where he is reportedly been paid N120 million.

He also has a renewed two years Pepsi dealworth N140 million, and over a million sales in record. Starboy, is an avid lover of automobiles and has quite a few luxury cars in his garage, they include; a Hyundai Sonata which costs about N6 Million, a BMW X6 worth N11 Million, a Mercedes 2012 Compressor which costs N9 Million, a Bentley reportedly worth N45 Million, a new Porsche Panamera worth N15 million, he got barely a month after crashing the old one and a Can-am supercharged bike estimated at N3.5 billion

Olamide
ESTIMATED NET WORTH: N2.5 billion: ‘Abule Sowo‘ crooner,OlamideakaBaddo Sneh, is the fourth artiste on our list. Olamide, who first signed a mega deal with telecommunications company Etisalat in 2013, renewed the multi million naira deal in 2015.

He is also snagged a deal with Ciroc which is reported worth close to N45 Million. In 2013, he also became the brand ambassador for Guinness with the deal also reportedly worth several millions of Naira.

In 2014, he became the brand ambassador for SureBet 24/7, an online sport betting company for a whooping N20 million naira.

He is the CEO of YBNL, a music label which currently houses singers Adekunle Gold and Temmi Ovwasa. Olamide, also makes money from shows and concerts with some being sold out.

He charges between N3-5million per show bookings. He is also the owner of two petrol filling stations and three houses; one on the island and the other two on the mainland.

His luxurious home on the Island is reportedly worth N38 Million. The other two houses situated in Bariga are said to be worth over N20 Million each.

He splashed a whooping N6 Million on a Toyota Venza automobile for his producer and owns a Mercedes G-Class worth N22 million, Range Rover sport worth about N15 Million and formerly owned a 2012 Model.

Timi Dakolo
ESTIMATED NET WORTH: N1 billion: Timi Dakolo, is the fifth atiste on our list. Since hitting the limelight by emerging winner at the inaugural season of West African Idol in 2007, Timi Dakolo, has not only remained in the consciousness of the people but also his accountant.

The ‘Wish Me Well’ cooner, is known for his love for luxury cars as his garage has 2 cars running into millions.

He owns a Chevrolet camaro which is worth about N8 million and a range rover sport worth  N23 million. In 2014, Timi, made headlines with his valentine gift to wife, Busola, a completed building, where the family currently lives.

On money made fro  music, this vocal powerhouse, makes a lot of money performing at private and corporate events where he confirmed he gets paid handsomely.

Timi, is one of the few artistes in the country, who performed at a paid event almost every weekend in the year, with that, we can all imagine how fat his bank accounts are.

His estimated net worth is about N1 billion.

Writtenby:Tope Delano

Psquare’s ‘Bank Alert’ Video Gets Over A Million Youtube Views In 5 Days

Psquare achieves major feat by gathering over a million Youtube views in five days for their latest single ‘Bank Alert’. The visuals for the celebratory song was published on September 16, 2016 and already under a week acquired over a million views on Youtube.

This indicates the duo are still getting goodlove from fans despite their earlier publicized fall out, which has since been resolved.It goes to show the fans believe in them and the entertainment value they stand for among other things.

Music: PSquare – OMG (Free Me)

The award winning singers shared their excitement about the development with a word of thanksgiving to the fans:“1m views!!! Thanks so much guys for the love and support. Gbagam. #Bank Alert”, they expressed.

Music: Peter Okoye (P-Square) – “Look Into My Eyes”

Watch the visuals  to see why the views have gone up so fast in rather little period of time….

VIDEO: PSquare – Bank Alert

VIDEO: PSquare – Bank Alert
Just as the saying goes “A setback is a setup for a grand comeback”, this certainly applies to the multi award-winning singing duo that is PSquare as the drop their latest music video “Bank Alert”.
The video which has cameo appearances of the legendary Onyeka Onwenu, Mr Ibu, Phyno and a host of other artistes.
Directed by Clarence Peters and Jude Okoye for Square Records.

BTS Photos From P-Square’s New Music Video For ‘Bank Alert’

This is great news for P-Square fans. The superstar twins are gearing up to drop something new and we can’t wait to see it. They shared behind-the-scenes photos from the shoot of their new music video, ‘Bank Alert’ directed by Clarence Peters.

The pair is also scheduled to perform at the One Africa Music Fest in Houston, Texas come October.

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Peter Okoye Talks About Psquare In New Interview (Says He is the Hard working one)

One half of music group, Psquare, Peter Okoye, sat down for an interview with HipTV, where he talked about the Psquare.

According to Peter, it hurts his feelings a lot knowing the amount if sacrifice he put into structuring the group only to be merely tagged a dancer. In his words:I don’t think there are so much challenges because even on tour as P Square, I was the one doing the whole structure and trying to get things done properly.

I will say it in-front of the camera .I do a lot. But for me, there is no challenge because I say the things that I know .

I say the things that I let people know. I’ve been a creative person.

I’m a very very creative person but people still look at me as a dancer.

It hurts but at the end of the day, I’m still a very creative person.

Recall, Psquare, had some issues which saw the brothers go at each other on social media before finally settling on different projects, they are currently invested in.