Nigeria is home to some of the most talented female musicians in the world. These women have achieved immense success in the music industry and have made a name for themselves in the country.
In this article, we will be looking at the top 10 richest female musicians in Nigeria as of 2023. These women have made a fortune through their music and have earned a huge fan following in the country.
They have made major contributions to the music industry and have achieved great success in their careers.
These female musicians have also made a mark in the international music industry and are an inspiration to many aspiring musicians.
Top 10 Richest Female Musicians In Nigeria 2023
Here are the lists of the top 10 richest female musicians in Nigeria, ranked by their estimated net worth.
1. Asa – $10.5 Million
Asa is a renowned Nigerian singer, songwriter, and musician who has made a significant impact in the Nigerian music industry.
She is known for her unique style, which blends traditional Nigerian rhythms and sounds with modern elements, creating a sound that is both contemporary and deeply rooted in African musical traditions.
With an estimated net worth of $10.5 million, Asa is considered to be one of the richest female musicians in Nigeria.
Her music has earned her numerous accolades, including several awards for Best Female Vocal Performance and Best Album.
She has also been recognized for her humanitarian work and activism, using her platform to raise awareness about important social and political issues.
Through her music and activism, Asa continues to inspire and empower people all over the world.
2. Tiwa Savage – $9 Million
Tiwa Savage is a highly acclaimed Nigerian singer, songwriter, and performer. She is known for her dynamic and versatile musical style, which blends traditional African rhythms with contemporary pop and R&B elements.
With an estimated net worth of $9 million, Tiwa Savage is considered to be one of the richest female musicians in Nigeria. Her music has earned her recognition and success both in Nigeria and internationally, and her activism has made her a respected voice for important social and political causes.
Tiwa Savage is a true inspiration to aspiring musicians, and she continues to make a significant impact in the Nigerian music industry.
3. Yemi Alade – $4.9 Million
Yemi Alade is a multifaceted artist who has made a significant impact on the Nigerian and African music industries.
She first gained recognition as the winner of the Peak Talent Show in 2009, which served as her debut appearance on TV and set the pace for her rise to fame.
After signing with Effyzzie Music Group, she released her hit single “Johnny” in 2014 and has since continued to captivate audiences with her unique blend of Afropop, R&B, and contemporary pop music.
With an estimated net worth of $4.9 million, Yemi Alade is considered one of the richest female musicians in Nigeria and has won the hearts of fans all over the world through her music, tours, and activism.
With a luxurious car collection that includes a Lexus GX 460, Lamborghini Hurricane, Mercedes Benz G Wagon, Toyota Prado SUV, and Thundra jeep, Yemi Alade is a true icon in the Nigerian and African music scene.
With over 1,048,289 monthly listeners on Spotify, her popularity and influence continue to grow.
4. Omawumi – $3 Million
Omawumi is a talented Nigerian singer and songwriter who has made a name for herself in the African music industry.
With a powerful voice and a unique sound that draws from a range of musical influences, Omawumi has won the hearts of fans all over the world.
She rose to prominence in 2007 as a contestant on the popular music competition show “West African Idol” and has since continued to release critically acclaimed albums and singles.
As of 2023, Omawumi has an estimated net worth of $3 million and is considered one of the richest female musicians in Nigeria.
Her talent and versatility as a singer, songwriter, and performer have earned her a large and dedicated following, with over 23,200 monthly listeners on Spotify.
In addition to her musical success, Omawumi is known for her luxurious lifestyle, owning a Mercedes-Benz GL450 and a reported $100 million mansion in Lekki, Lagos.
5. Chidinma – $2.8 million
Chidinma is a talented gospel singer and songwriter from Nigeria who has made a significant impact in the music industry.
Her rise to fame began in 2010 when she won the third season of Project Fame West Africa, which served as her debut appearance on television and her launching pad to stardom.
Although she was initially known for her secular music, in 2021 she shocked the world by announcing her return to gospel music.
Chidinma’s gospel hits such as “Kedike,” “Carry You Dey Go,” “Run Dia Mouth,” and many more have made her one of the most sought-after gospel artists in the country.
With an estimated net worth of $2.8 million, Chidinma is considered one of the richest female musicians in Nigeria.
Her success has allowed her to live a luxurious lifestyle, owning a fleet of high-end vehicles such as a Hummer H2, a Range Rover Sport, a Range Rover Evoque, a Toyota Highlander, and a Toyota Camry.
6. Seyi Shay – $2.1 Million
Seyi Shay is one of Nigeria’s most versatile musicians. She is a singer, songwriter, and actress. The singer is also recognized as one of the most discreet Nigerian female artists.
Seyi Shay has several hit singles, albums, and collaborations to her name. Being an early starter, Seyi began singing in a choir at the age of 6.
Part of her notable work was producing three songs for the soundtrack to Konami’s video game Crime Life: Gang Wars in 2005.
The singer also welcome her first child earlier this year. She was also spotted drooling over her, recently, while she p performed on stage with her daughter. Seyi owns a Mercedes Benz G-Wagon, a BMW 7 series, and a Range Rover Velar.
With a net worth of $2.1 million, Seyi Shay is one of the richest female musicians in Nigeria. She has 103,029 monthly listeners on Spotify and continues to captivate fans with her unique sound and versatility.
7. Simi – $2 Million
Simi is a talented and multi-faceted artist hailing from Nigeria. With a music career that began in the gospel genre, Simi quickly made a name for herself in the Nigerian music industry after delving into secular music.
Her big break came in 2014 with her song “Tiff,” which was nominated for Best Alternative Song at The Headies in 2015.
Since then, Simi has continued to make hit songs and collaborations, making her one of the most popular and influential female musicians in Nigeria. She is married to Adekunle Gold and they have a daughter together, Deja.
Simi’s success is not only reflected in her music, but also in her wealth. With a net worth of $2 million, she is definitely one of the richest female musicians in Nigeria.
She owns a range of luxury items including exotic cars like a Mercedes-Benz GLB Class and a Jeep Wrangler, and a luxurious mansion in Lekki, Lagos.
In July 2022, Simi made history by becoming the first female artist to reach 100 million streams on Boomplay, further solidifying her place in the industry.
8. Waje – $1.7 Million
Waje is a Nigerian singer, songwriter, and actress who has been entertaining fans with her soulful and powerful vocals for over a decade.
She rose to prominence after competing in the first season of Project Fame West Africa, and since then, she has been making waves in the Nigerian music industry.
Waje is known for her hit songs such as “I Wish”, “Onye”, “Left for Good” and more. She has won several awards and recognition for her outstanding contribution to the music industry in Nigeria.
As of 2023, Waje’s net worth is estimated to be around $1.7 million, making her one of the richest female musicians in Nigeria.
She owns several expensive cars including a Mercedes-Benz S-Class and a Lexus SUV. She is also reported to own a luxurious mansion in Lekki, Lagos. Waje is also a philanthropist and an advocate for women’s rights.
9. Madrina – $1.5 Million
Cynthia Morgan, known professionally as Madrina, is a Nigerian singer, songwriter, and actress. She was born in Benin City, Nigeria, and raised in Lagos. She is best known for her fusion of pop, hip-hop, dancehall, and rap styles in her music.
Madrina rose to fame with the release of her hit singles, “Don’t Break My Heart” and “Lead Me On”.
Madrina made her acting debut in the 2016 film “The Wrong Number” and later starred in “A Trip to Jamaica”.
She has continued to captivate audiences with her music and performances, establishing herself as a prominent figure in the Nigerian music industry.
In 2020, Madrina changed her stage name from Cynthia Morgan to Madrina. With her unique sound and style, she has become one of the richest female musicians in Nigeria, with an estimated net worth of $1.5 million.
Madrina is known to own a luxurious Range Rover SUV and continues to tour and perform across Nigeria and other African countries.
10. Nneka – $1.3 Million
Nneka is a versatile artist known for her unique fusion of hip-hop, soul, and reggae music. Born in Warri, Nigeria, and raised in Hamburg, Germany, she is fluent in English, Igbo, and Nigerian Pidgin.
This multilingual capability has allowed her to reach a broad and diverse audience, which has made her one of the most recognizable and respected female musicians in Nigeria.
Her music is characterized by its powerful and thought-provoking lyrics that address issues of poverty, war, capitalism, and politics.
She draws inspiration from a range of artists, including Fela Kuti, Bob Marley, Mos Def, Talib Kweli, and Lauryn Hill. With her strong moral and biblical messages and references, Nneka’s songs have become anthems for people who are seeking positive change and justice in the world.
Nneka has released several albums, including “Victim of Truth”, “Victim of Truth”, and “Victory”. Her songs often address social and political issues such as corruption, oppression, and environmental degradation.
She has released several albums, including “Victim of Truth” (2005), “Victim of Truth” (2007), and “Victim of Truth” (2010), which received critical acclaim and helped establish her as one of the leading voices in Nigerian music.
Her music has been widely recognized and celebrated, both locally and internationally, and she has won numerous awards and accolades throughout her career. With a net worth of $1.3 million, Nneka is one of the richest female musicians in Nigeria.
In conclusion, the music industry in Nigeria is growing and female artists are playing a big role in this growth.
The above-mentioned are some of the richest female musicians in Nigeria and they are making waves in the industry with their unique sounds and talents.
From Seyi Shay to Nneka, these women have made a name for themselves and have proved that women can also make it big in the music industry.
Their net worths range from $10.5 million to $1.3 million, showing just how successful they are in their respective careers.
The richest female musicians in Nigeria are breaking barriers and inspiring many young women to pursue their dreams in the music industry.