Rappers are not hot in Nigeria music industry as before, most of them are converting to the market demand.. bellow are the list of 5 richest rappers in Nigeria 2018
The top 5 richest rappers in Nigeria 2018
Olamide has released seven albums in seven years since he came to limelight and his first album is still making waves. He also owns one of the most popular music record label in Nigeria, YBNL in which he is the chairman. As Nigeria’s most influential artist, he has featured other rappers like Phyno, Davido, Falz, e.t.c and he is recognized internationally. Due to his many endorsement deals and his assets, Olamide’s current net worth is estimated to be $12 million.
Phyno Obago is the second richest rapper in Nigeria this 2018 and the best Igbo rapper in Nigeria. One thing that makes him stand out from the rest is his punch lines. Phyno is not just a rapper, the young man can sing very well apart from just rapping. His current net worth is estimated at $10 million.
Previously M.I (Mr Incredible) was known to be the richest Nigerian rapper but his stocks has dropped in recent years in the Nigerian music industry which greatly affected his net worth. He’s got large number of awards, including MTV Africa Music Award in 2009. He’s taken part in lots of competitions and gained international recognition. In 2012, he was appointed United Nations Goodwill Ambassador and the current third on the list of best and richest rappers in Nigeria today with a net worth of $8 million.
He is one of the best and richest Yoruba rappers in Nigeria 2017 and also a songwriter. The indigenous Yourba rapper who is also compared to Da grin deserve more than this spot but trust me this is where he merited to be on the list of the 2018 best and hottest rappers in Nigeria. Reminisce net worth is estimated at $7 million.
You might be wondering while Falz the bahd guy is doing on this list. As of last 5 years, he was just an upcoming rap artist still finding his feet in the entertainment industry but as it stands now, Falz is the fifth wealthiest rapper in Nigeria currently with an impressive net worth estimated at $4 million. He is not just a rapper but a singer, actor and comedian who really makes a lot of money aside his various endorsement deals. He featured in the popular TV Series, Jenifas Diary and has won various awards to his credit.