Richest Comedians in Nigeria 2024 – Top 10 Named and Ranked

Richest Comedian in Nigeria 2024

Comedy is a profitable career choice in Nigeria and worldwide, with large crowds gathering for comedy nights and stand-up events. Humor has become a coping mechanism for many Nigerians amidst the country’s many challenges, and as a result, the commercialization of the comedy industry has exploded in the last 60 years. Today, it is the third largest entertainment industry in Nigeria, worth an annual N50 billion, after Nollywood and music. In recent years, the comedy industry has experienced significant growth, and many comedians have amassed enormous wealth, with some earning up to 500 million Naira in endorsements and contracts from brands such as Globacom, MTN, Virgin Atlantic, Indomie, and Coca Cola.

Wealthy Nigerian comedians have even gone as far as hosting independent comedy shows and competitions both locally and internationally. For example, Opa William’s Nite of a Thousand Laughs brought together many of the most well-known names in the industry, including Basketmouth and others. Many of these comedians and skit makers have gone digital as the industry has transformed, moving towards Nollywood production. This shift has created a bond between Nollywood and comedy, with comedians like Ayo Makun in “Merry Men,” Bovi in “My Village People,” and Basketmouth in “My Flatmates” featuring in movies.

In the past, stand-up comedy nights have sold tickets for as much as N1.5 million for a table of six, highlighting the financial stability that comes with the job. It’s no surprise that some of the top comedians in the country have become wealthy, owning mansions in Banana Island and taking vacations at some of Nigeria’s top 10 most expensive hotels.

Top 10 Richest Comedian in Nigeria 2024

If you’re curious about the richest comedians in Nigeria and their net worth, you can find them in the N50 billion comedy industry. Here is the list of Top 10 Richest Comedians in Nigeria 2024.

Let us see each one of the comedian with their networth and fame in detail.

1. Ali Baba (N3.75 billion)

Atunyota Alleluya Akpobome, popularly known as Ali Baba, is currently the richest comedian in Nigeria with a net worth of N3.75 billion at the age of 57. He is considered the “father of the comedy business” and a pioneer of stand-up comedy in Nigeria. Ali Baba has served as a mentor to other comedians and has made significant contributions to the comedy industry in Nigeria. He started an annual comedy show in 2014 called the 1 January concert, which features a review of the events of the previous year and an award for a first-class graduate. Ali Baba also started an event in 2015 called Spontaneity, where budding comedians could showcase their talents. He has received recognition and awards for his contributions to the industry, including the “Laughter Incorporated” award and “The News” award in 2002. In 2015, he was featured on CNN African Voices, where he spoke about his vision to professionalize and gain acceptance for Nigerian comedians. Ali Baba has used his position to help other comedians out of poverty in Nigeria. In 2016, he tried his hand at acting and featured in the Kemi Adetiba produced “Wedding Party,” which became one of Nigeria’s highest-grossing movies and starred other skit-making comedians, such as Frank Donga and Emma oh ma god.

2. AY (N2.92 billion)

AY, also known as Ayodeji Richard Makun, is the second wealthiest comedian in Nigeria. With a net worth of N2.92 billion, AY is not only the second richest comedian in Nigeria but also the host of one of the country’s biggest comedy events, “AY Live.” The show features notable comedians such as Bovi, Helen Paul, and many others. AY is a multifaceted entertainer who has worked as a comedian, event planner, TV presenter, movie producer, actor, and director. He gained recognition after appearing on “Night of a Thousand Laughs.” AY is a significant contributor to the stand-up comedy industry in Nigeria. He has encouraged up-and-coming comedians through his AY “Open Mic Challenge.”

3. Basketmouth (N2.34 billion)

Bright Okocha, better known as Basketmouth, holds the title of the third richest comedian in Nigeria, with a net worth of N2.34 billion. With his immense wealth and popularity, Basketmouth has cemented his place as one of the most influential comedians in Nigeria. His abilities extend beyond comedy, as he is also a renowned actor and event planner. Basketmouth’s career in comedy has earned him numerous accolades, including the National Comedy Award and Best Stand-up Comedian of the Year in 2005 and 2006. He is also a brand ambassador for Glo, a telecommunications company, and earns a substantial income from his endorsement deals. Despite his success, Basketmouth faced backlash when he hosted a comedy challenge on Instagram called the #TwoThingsChallenge. The challenge sparked controversy after a young fan posted a video making inappropriate comments.

4. I Go Dye (N2.13 billion)

With a net worth of N2.13 billion, Francis Agoda, popularly known as “I Go Dye,” is ranked as the fourth richest comedian in Nigeria. I Go Dye rose to fame after performing at the famous comedy show, “Night of a Thousand Laughs,” alongside some of Nigeria’s best comedy talents. His performances were highly acclaimed for their entertainment value and therapeutic qualities. Aside from comedy, I Go Dye has invested in real estate and construction. Despite his wealth, his small boyish frame belies his ability to make even the most serious person break down in laughter. I Go Dye is undoubtedly one of the few Nigerian celebrities who have had a successful career in comedy. He was the first comedian to tour Europe, performing in over 7 countries. He also had the opportunity to perform at the UNESCO cultural week, where he received an award for his outstanding achievements in comedy.

5. Julius Agwu (N1.5 billion)

With a net worth of N1.5 billion, Julius Agwu is one of Nigeria’s most talented comedians and is recognized as the fifth richest comedian in the country. Julius is a well-known face in the industry, with an impressive record of making people laugh. He is one of the country’s oldest comedians, and like Ali Baba, he has trained and mentored many other successful comedians, including Basket Mouth. In 2016, Julius battled for his life after undergoing several surgeries due to a life-threatening illness. He was even declared dead by doctors and taken to the mortuary, but he miraculously returned to life. Julius attributes his survival to God’s intervention. Despite the health scare, Julius Agwu remains a force to be reckoned with in Nigeria’s comedy industry.

6. Okey Bakassi (N800 million)

Okey Bakassi, also known as Okechukwu Anthony Onyegbule, has made a name for himself in the Nigerian entertainment industry. He ranks as the sixth richest comedian in Nigeria, with a remarkable net worth of N800 million. Okey’s exceptional talent in stand-up comedy has earned him performances in front of high-profile personalities, including politicians and celebrities. A skilled comedian, Okey has a unique ability to create humor out of everyday situations. In 2014, he was recognized for his acting prowess and won the “Best Actor in a Leading Role (Igbo)” award at the Best of Nollywood Awards for his role in the movie Onye Ozi.

7. Bovi (N600 million)

Bovi, a popular Nigerian comedian and actor, is among the wealthiest comedians in Nigeria, with a net worth of N600 million. Known for his outstanding organization of stand-up comedy performances and shows, Bovi is famous for “Bovi Man on Fire” among others. Bovi kicked off his career in April 2007, featuring in the extended sitcom, Family. By 2008, he had become a rising star in comedy shows and events across Nigeria, making his stand-up debut at Night of a Thousand Laughs, a renowned comedy franchise, organized by Opa Williams. In 2011, he was headlining the show in different parts of the country. Seven years later, he created a “BACK TO SCHOOL” series that he uploaded on his YouTube channel. Bovi has worked alongside other Nigerian comedians such as I Go Dye, I Go Save, Basketmouth, Buchi, Odogwu, Okey Bakassi, Julius Agwu, and many others.

8. Gbenga Adeyinka (N500 million)

Gbenga Adeyinka, a veteran Nigerian comedian, has a net worth of N500 million, making him the 8th richest comedian in Nigeria. One of his notable shows is “Laffmattaz,” which is believed to have brought him a significant amount of income. He is also a presenter for “Star” and is widely known for his catchphrase “shine shine bobo.” Aside from his career in comedy and entertainment, Adeyinka has investments in other businesses and owns multiple assets across different parts of the country.

9. Godwin Komone (N400 million)

Godwin Komone, known as Gordons, is a multi-talented Nigerian entertainer and the ninth wealthiest comedian in Nigeria, with a net worth of N400 million. He is a comedian, actor, TV presenter, compere, music artiste, and TV personality who serves as an inspiration to aspiring comedians. Gordons started his career with the Delta state-based Gospel music comedy group, D.C Envoy, where he was discovered. His upbringing in poverty motivated him to delve into stand up comedy, which proved to be successful. Gordons runs his comedy show called Gordons Comedy Clinic. According to reports, his stage name was derived from the brand Gordons Spark and Gordon’s gin. He was part of Made in Warri, a team created by Richard Mofe Damijo, which presented him with a significant breakthrough in 2006. He has featured on various platforms, including AY Live Shows, A nite of a thousand laughs, and others.

10. Akpororo (N350 million)

Akpororo is a talented Nigerian comedian who has the unique ability to make everyone laugh with his humor. Bowoto Jephthah Oluwatiseyifumi Tanimola, popularly known as Akpororo, is the 10th richest comedian in Nigeria with a net worth of N350 million. He hails from Ilaje, Ondo State, but was raised in Warri, Delta State. His success in the comedy industry has earned him endorsements and the opportunity to host his own shows. In 2009, Akpororo moved to Lagos and participated in AY’s Open Mic Challenge twice, but it wasn’t until 2013 when he performed at “Basketmouth’s Laff and Jam” show that he gained popularity. He went on to perform at several comedy shows, including “AY Live.” On August 12, 2014, Akpororo organized his first major comedy show, “Akpororo vs Akpororo,” at the Shell Hall, MUSON Centre, which was a huge success.

Who is the Richest Comedian of Nigeria in 2024?

Alibaba is widely recognized as the richest comedian in Nigeria, with a net worth of N3 billion. Although he initially had plans to pursue a career in law, he eventually decided to focus on making people happy through comedy. He has earned the title “king of comedy” due to his significant contributions to the industry. At the time of Alibaba’s emergence, there were not many stand-up comedians in Nigeria, and as such, he had to work hard to refine his craft and differentiate himself as an innovator in the industry. He became well-known for his ability to entertain audiences at both corporate and non-corporate events, and he also served as a Master of Ceremony at numerous gatherings. Through his dedication and hard work, Alibaba has achieved unparalleled success in the Nigerian comedy industry, which has translated into immense wealth. Today, he stands at the top of the list of richest comedians in Nigeria, with a net worth of N3 billion.

Conclusion

The Nigerian comedy industry has seen tremendous growth in recent years, with comedy now the third-largest entertainment industry in Nigeria, worth N50 billion annually, after Nollywood and music. Many comedians have become wealthy, earning millions of Naira from endorsements, contracts, and performances. The top 10 richest comedians in Nigeria in 2024 are Ali Baba, AY, Basketmouth, I Go Dye, Julius Agwu, Okey Bakassi, Bovi, Gbenga Adeyinka, Gordons, and Akpororo. These comedians have made significant contributions to the industry, including mentoring young comedians, hosting events and shows, and using their platform to promote the professionalization and acceptance of Nigerian comedians. Despite facing controversies at times, these comedians have become an integral part of Nigerian entertainment and culture, bringing humor to people’s lives and providing an escape from the country’s many challenges.