10 Richest Female Musician In Nigeria & Their Assets



Just like the conversation around who the richest male musicians in the industry frequently come up, it is with female musicians. Over the years fans have clamored about one female artist being richer than the other, but these conversations are quite invalid without certainty. In this article, we take a cross-section look at the richest female musicians in Nigeria’s music industry.
1. Asa $10.5 Million


Bukola Elemide, widely known as Asa is a Nigerian/French musician. Her debut single, Eye Adaba rose Asa to prominence.



Asa has won several awards including being nominated for “Best R&B/Pop Album”, “Best Alternative Sound”, and “Best Vocal Recording Of The Year”. Asa has a quite discrete personality and does not subscribe to social media life. Asa currently as 358,700 monthly spotify listeners.
2. Tiwa Savage – $9 Million



Tiwa Savage is one of the most popular, respected, and richest female artists in Nigeria currently. She started her career as a backup singer to some world-famous singers in the UK; George Micheal and Mary J. Blige. In 2012, she relocated to Nigeria to continue her music career journey by joining Mavin Records.

Ever since she has produced several music hits and gathered quite a number of fans that just cannot get over her creativity. However, she is no longer under the Mavin Record but is now an artist under her own label. In 2022, she is one of the richest female musicians in Nigeria, taking second place on the list.



Tiwa Savage bought a multimillion mansion worth N75 million in Lekki. She owns a Benz, a Bentley Bentayga, a Rolls Royce, Mercedes-Benz Sprinter. Tiwa Savage has 2,080,485 monthly listeners on Spotify.



3. Yemi Alade – $4.9 Million



Yemi Alade is a Nigerian Afropop singer, songwriter, actress, and activist. In 2009, she joined the Peak Talent Show and emerged as the winner. This served as her debut appearance on TV and her pace to fame. Yemi Alade got signed to Effyzzie Music Group and had her hit single “Johnny” in 2014. Ever since she has not stopped serving her fans with amazing hit songs and also taking different world tours.

She is now considered one of the biggest, most popular, and richest female artists in the Nigerian and African music industry. And as of 2022, she is one of the richest female musicians in Nigeria with a net worth of $4.9 million. Yemi owns a Lexus GX 460, Lamborghini Hurricane, a Mercedes Benz G Wagon, Toyota Prado SUV, and a Thundra jeep. Yemi Alade currently has 1,048,289 monthly listeners on Spotify.
4. Omawumi – $3 Million


Omawonder, as she is fondly called is one of Nigeria’s most prominent musicians. Omawumi stepped into the limelight in 2007 as the runner-up on West African Idols, a reality TV show. The talented singer has also served as a brand ambassador for Globacom, Konga.com, and Malta Guinness.

She is one of the most respected and recognized female artists in Nigeria. Omawumi has 23, 200 monthly listeners on Spotify. She owns a Mercedes-Benz GL450, Mercedes-Benz. She also reportedly owns a #100 million mansion in Lekki, Lagos.
5. Chidinma $2.8 million



Chidinma is a Nigerian gospel singer and songwriter. In 2010, she rose to stardom after winning the third season of Project Fame West Africa. She was formally into secular music through which she got her fame and recognition.

In 2021, Chidinma shocked the world after she announced she has returned to God and is now a gospel female artist. Her hit songs include Kedike, Carry You Dey Go, Run Dia Mouth, and so on. Chidinma owns a Hummer H2, a Range Rover Sport, a Range Rover Evoque, Toyota Highlander, 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



7. Simi $2 Million



Simi is a Nigerian vocalist, songwriter, and actress. She began her music career as a gospel singer and released her debut album, Ogaju in 2008. The mother-of-one decided to explore a bit more by delving into secular music, which sprung her into the limelight in 2014 through her song Tiff.

Tiff was nominated in 2015 for Best Alternative Song at The Headies. Since then, Simi has released several other hit songs and made several hit collaborations. She is presently considered one of the most popular and powerful female artists in Nigeria. Simi is married to Adekunle Gold, and they have a daughter together, Deja.



Simi is definitely on this list as one of the richest female musicians in Nigeria with a net worth of $2 million. Simi own exotic cars like Mercedes-Benz GLB Class, wrangler Jeep. The singer also owns a luxurious mansion in Lekki, Lagos. In July 2022, Simi became the first female artist to reach 100 million streams on Boomplay.
8. Waje $1.7 Million



Waje is a singer and philanthropist. She is known to be musically sound and exceptional given that she is a vocal range that covers up to three octaves. Waje first gained recognition after being featured on the remake of P-Square’s “Omoge Mi” and also, the hit track, “Do Me”.

She has made several vocal contributions to some musicians’ singles and albums and was one of the judges in The Voice Nigeria in 2016 and subsequently.



Waje is now one of the richest female musicians in Nigeria with a net worth of $1.7 million.



9. Madrina $1.5 Million



Cynthia Morgan, who now goes by the name Madrina is a songwriter, singer, and actress. Her music is a fusion of pop, hip-hop, dancehall, and rap. She got to the limelight through the release of her two singles, “Don’t Break My Heart” and “Lead Me On”.

After then, she made several hit songs before going away for a while and then returning in 2020, changing her stage name to Madrina. Also in 2016, she made her acting debut in “The Wrong Number” Directed by Saint Joseph Ovensehi. And also, in “A Trip To Jamaica”.



Madrina is currently one of the richest female musicians in Nigeria with a net worth of $1.5 million. Cynthia owns a Range Rover SUV.
10. Nneka $1.3 Million



Nneka is a German-Nigerian singer, songwriter, and actress. She sings in English, Igbo, and Nigerian Pidgin. In her reflections, she mentioned the likes of Fela Kuti, Bob Marley, Mos Def. Talib Kweli, and Lauryn Hill, as influences in her musical career.

Nneka’s songs reflect much of her history and lifestyle in Nigeria. Her songs also stress the issues of capitalism, poverty, and war, and also contain moral and biblical messages and references.

As of 2022, she is considered one of the richest female musicians in Nigeria with a net worth of $1.3 million.




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