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Reading: Top 10 Richest Nigerian Musicians 2015 And Sources Of Their Wealth.
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Top 10 Richest Nigerian Musicians 2015 And Sources Of Their Wealth.

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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Published: 2015/11/07
15 Min Read
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2. D’BANJ

DBanj

D’banj is quite a big name in Nigeria, Africa and in the world. D’banj has been in the industry since 2004 and has been making great hits since then, he is among Africa’s biggest musicians of all time following his records and achievements.

D’banj was the first artist in Nigeria to be endorsed by a telecom company, and ever since he’s been getting a lot of endorsement deals from big brands worth hundreds of millions every year. Deal with Slot Nigeria and Beats By Dre headphones are his most recent.

The singer is often called for many shows and he said to be charging as much as 6-7million naira per show. D’banj has many hit albums to his name and so are hit singles.

Not to mention the superstar musician is a well known business man who invests in a lot of things. He has company which call Koko Holdings which covers a lot of brands in the Nigeria business industry presently.

FEW ENDORSEMNTS:

The bulk of Dbanj’s earnings comes from endorsements deals. He has a multimillion naira deal with Chris Aire, as the face of his watches and another one with UAC Foods. His endorsement deal with Globacom telecommunications in 2009 was worth N90m.

In 2013 D’banj was unveiled as the headliner for Hennessy 2013. He collects between $80,000 to $150,000 for African shows and £40,000 to £60,000 for UK shows; and $50,000 to $60,000 for American shows.

He also has a lucrative deal with Power Fist energy drink, and a deal with the makers of Virgin Colour soft drink, Signed an endorsement with Bank of industry in 2014 and Apple Beats By Dre Headphones. He also signed another multimillion naira deal with Ciroc in 2015, and according to a source, he has Glo deal which is said to be close to N100 million. He recently got a deal with Slot Nigeria which got him a new car and more money.

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