Are you aware of the richest rappers in Nigeria? Hip-hop in Nigeria also known as Naija is as far back as late in the eighties and the early nineties. The first place hip hop and rap became famous among Nigerians is Lagos in the 1980s when the country was under military governance.
During this period, rap and hip hop also became popular. These were trying times for Nigerians due to the loss of jobs, unemployment, and the naira’s losing its value. At this point, hip hop was a means of escape from all the wrong things going on in the country at that time.
Hip hop became popular in Nigeria through the use of indigenous lyrics along with traditional beats which were promoted through the likes of Afrika Bambata, DJ Koll Herc, and grandmaster flash.
At that time there was no record label to sign music artists in Nigeria so the youths decided to start making music on their own with little or no budget, when software and computers came into existence it gave artistes the power to produce better music and reach a larger audience.
Hip hop then started as something to entertain but also to ask for change and demand change from the then government.
Top 10 Richest Rappers In Nigeria
10. LYNXXX, net worth – $1.8 million
Lynxxx is one of the richest rappers in Nigeria. His name is Chukie Edozen a.ka. knowns as Lynxx. He was born on November 24, 1967, and in the year 2010 he released his first album titled ‘ this is Lynxxx’.
He was the first Nigerian artiste to be endorsed by Pepsi, he is the founder of Jollof music which is what he described as a blend of music to make great music.
His first single was ‘change your parade’ and with his music career, Lynxxx is also an entrepreneur. He owns a media company which he called Happy Teddy Media and Syndik8 films.
His net worth is valued at 1.8 million dollars.
9. VECTOR, net worth – $2 million
He is better known by his stage name Vector the viper but his real name is Ogunmefun Olanrewaju. He is a rapper and a songwriter as well and has recorded three albums which included state of surprise and the second coming.
Before he released his second album, he released a mixtape that was titled Barracks. Lafiaji which was his third album was released in December 2016. He released the rap dialogue which was a mixtape in October 2018 and in November 2019, he released his fourth album titled Vibes before Teslim: a journey to self-discovery. Vector’s net worth is placed at two million dollars.
8. ICE PRINCE, net worth – $2.5 million
Panshak Henry Zamani better known as Ice Prince Zamani was born on the 30th of October 1984. He is a Nigerian rapper and actor who shot to the limelight when he released his hit single titled ‘Oleku’ featuring Brymo which went to be the most remixed song of all time in Nigeria.
In 2011, he released his first studio album titled “Everybody Loves Iceprince.” In 2013, he released his second album, titled ‘Fire of Zamani’. Ice Prince was made the vice president of Chocolate City on July 1, 2015, which was a position he held till he left the record label in 2016. Ice Prince’s net worth is valued at 2.5 million dollars.
7. ILL BLISS, net worth – $3 million
Ill bliss is a recording artist and an entrepreneur, he owns a talent management company known as the Goretti company which launched the careers of Phyno and Chidimma. He is popularly known by his alias Oga Boss and he released his first album titled Dat Ibo Boy in the year 2009, and in July 2020 he released another album titled Lily Chapo X. His net worth is valued at three million dollars.
6. NAETO C, net worth – $3.9 million
Naeto C is the sixth richest rapper in Nigeria. His name is Naetochukwu Chikwe and was born in Houston Texas, he was signed with the rest of WFA to Storm Records. While at Storm Records, he was able to showcase his skills in production through working with the likes of Sasha, Dare Art Alade, to mention but a few.
His net worth is about 3.9 million dollars and he is quite an influential personality in the Nigerian music industry.
5. FALZ, net worth – $4 million
Falz is a music artiste, actor and songwriter, his name is Folarin Falana and he was born on October 27 1990. His career started with him forming a group known as ‘The School Boys’ which was formed with his friends but that was before he became a professional artiste in 2009.
His first album was released in 2014 titled ‘The whatzup guy’. His net worth is valued at 4 million dollars.
4. REMINISCE, net worth – $7 million
Reminisce, whose name is Remilekun Khalid Safaru was born on January 26, 1981. He is from Ajilete in Ondo state. His first song was recorded in 2006, but it was never released. He is signed to EDGE records and he is also the creative director of LRR records. His net worth is valued at seven million dollars.
3. M.I ABAGA, net worth – $8 million
Jude Abaga, also known as M.I Abaga, was born on October 4th, 1981. He became quite popular when he released “Crowd Mentality’ which became a conversation in Jos, where he was born and raised. His first album, “Talk About It,” was released in 2008. His net worth is estimated at $8 million dollars.
2. PHYNO, net worth – $11 million
Phyno’s original name is Chibuzor Nelson Azubuike, he was born on the 9th of October 1986. His career in music started as a producer back in 2003 and he is well known for rapping in the Igbo language, his first studio album was ‘No guts no glory’ in 2014.
He is also one of the richest musicians in Nigeria. Phyno is from Anambra state but raised in the state of Enugu, Phyno does his rap in the Igbo language because of the huge respect he has for his culture and it helps him to be himself. His net worth is estimated to be 11 million dollars.
1. OLAMIDE, net worth – $12 million
His full name is Olamide Gbenga Adedeji, he was born on the 15th of March 1989. He released his first album ‘Rapsodi’ in 2011 while he had a deal with coded tunes. His third album was released on the 7th of November 2013 titled ‘Baddest guy ever liveth’. His new worth is valued at 12 million dollars. Lastly, he is the first Nigerian artiste to sign a brand deal with Cîroc.
These rappers apart from being rich are also influential in the music space, they have all given us hit tracks back to back. We hope you enjoyed reading this as much as we enjoyed getting the information to you.