Richest Female Musicians in Nigeria in 2024 – Top 10 Queens of Naija

Richest Female Musicians in Nigeria in 2024

In the dynamic and ever-evolving landscape of the Nigerian music industry, 2024 has brought forth a remarkable array of talent and success among female musicians. These extraordinary women have not only captivated audiences with their mesmerizing tunes and magnetic stage presence but have also amassed significant wealth in the process. In this exploration, we delve into the lives and achievements of the richest female musicians in Nigeria in 2024, celebrating their accomplishments and contributions to the music scene.

At the forefront of this prestigious list is Tiwa Savage, a name synonymous with both musical prowess and financial triumph. With a career spanning over a decade, Tiwa Savage has solidified her position as one of Nigeria’s most iconic artists. Beyond her chart-topping singles and electrifying performances, she has ventured into lucrative business endeavors, including brand endorsements, fashion, and real estate investments. This multifaceted approach has catapulted her into the upper echelons of wealth among Nigerian female musicians.

Simi, with her enchanting voice and soulful melodies, stands as another towering figure in the Nigerian music industry. Her ability to connect with audiences on a profound level has not only garnered her a massive fan base but has also attracted lucrative endorsement deals and partnerships with renowned brands. Simi’s foray into songwriting and music production has further diversified her income streams, securing her a prominent spot on the list of the richest female musicians.

Additionally, the likes of Niniola, Asa, and Teni have made significant strides in their careers and financial success, each contributing their unique musical style to the vibrant Nigerian music landscape.

Top 10 Richest Female Musicians in Nigeria in 2024

As we embark on this journey through the lives of Nigeria’s wealthiest female musicians in 2024, we will uncover not only their impressive wealth but also the impact they’ve had on the music industry and their enduring influence on fans and aspiring artists alike. These women are not just artists; they are trailblazers and inspirations, redefining the boundaries of success in the Nigerian music world.

1. Tiwa Savage – $4.85 million

Tiwa Savage’s music career skyrocketed to international acclaim, earning her a dedicated fan base not only in Nigeria but also across Africa and beyond. Her hit songs like “All Over,” “Ma Lo,” and “Koroba” have consistently topped music charts, raking in substantial royalties and concert revenues.

Apart from her music endeavors, Tiwa Savage has capitalized on her brand, securing lucrative endorsement deals with top companies and fashion brands, further boosting her income. She has also ventured into philanthropy, aligning herself with various charitable causes.

In 2024, Tiwa Savage’s net worth stands as a testament to her exceptional talent and savvy business acumen, solidifying her position as one of Nigeria’s wealthiest female musicians.

2. Yemi Alade – $4.2 million

Yemi Alade, often referred to as the “Mama Africa” of Nigerian music, is another powerhouse on the list of richest female musicians in Nigeria for 2024. With an estimated net worth of $4.2 million, Yemi Alade has amassed her wealth through her remarkable music career and several business ventures.

Yemi Alade’s rise to fame came with hits like “Johnny” and “Tumbum,” which propelled her to international stardom. Her energetic stage performances and unique blend of Afrobeat and pop have made her a sought-after artist in Africa and beyond.

In addition to her music earnings, Yemi Alade has diversified her income streams through endorsements with major brands and merchandise sales. Her clothing line, “H.O.T by Yemi Alade,” has also contributed to her financial success.

Yemi Alade’s philanthropic efforts, particularly in the empowerment of women and girls, have not only won her accolades but also helped solidify her status as one of Nigeria’s richest female musicians in 2024.

3. Omawumi – $3 million

Omawumi’s musical journey took off when she emerged as the runner-up in the 2007 West African Idols competition. Since then, she has released several successful albums, including “Wonder Woman” and “Timeless,” which have garnered critical acclaim and commercial success.

Apart from her music career, Omawumi has ventured into acting and business, adding to her overall income. She has also been associated with various brand endorsements and collaborations, which have further boosted her financial standing.

Omawumi’s charitable efforts, particularly her involvement in social causes like women’s empowerment and education, reflect her commitment to giving back to society. In 2024, Omawumi’s net worth is a testament to her hard work, talent, and diversified income streams.

4. Chidinma – $2.8 million

Chidinma Ekile, popularly known as Chidinma, has established herself as one of the richest female musicians in Nigeria in 2024, with an estimated net worth of $2.8 million. Born on May 2, 1991, in Ketu, Lagos State, Chidinma rose to fame after winning the third season of the MTN Project Fame West Africa competition in 2010. Her enchanting voice and captivating stage presence have earned her a significant fan following.

Chidinma’s music career took off with her hit single “Kedike,” which garnered massive airplay and made her a household name in Nigeria. She has released several successful songs and albums over the years, including “Fallen in Love,” “Yanga,” and “For You.” Her unique blend of Afrobeat, R&B, and soulful melodies has resonated with audiences not only in Nigeria but also across Africa and beyond.

Apart from her music career, Chidinma has also ventured into acting and has appeared in Nollywood movies. She has secured endorsement deals with top brands, further bolstering her income. With her diverse talents and business acumen, Chidinma’s wealth is expected to continue growing in the coming years.

5. Seyi Shay – $2.1 million

Deborah Oluwaseyi Joshua, professionally known as Seyi Shay, is a prominent Nigerian musician who has amassed an estimated net worth of $2.1 million in 2024. Born on December 21, 1985, in Tottenham, London, Seyi Shay moved to Nigeria to pursue her music career and quickly gained recognition for her outstanding vocal abilities.

Seyi Shay’s music journey has been marked by chart-topping hits such as “Right Now,” “Yolo Yolo,” and “Gimme Love.” Her musical style fuses elements of Afrobeat, R&B, and reggae, creating a unique and captivating sound that appeals to a broad audience.

In addition to her music career, Seyi Shay has secured endorsement deals with notable brands, including Pepsi and Gionee. She is also known for her entrepreneurial ventures and fashion sense. Seyi Shay’s presence in the entertainment industry, both as a musician and a fashion icon, has contributed significantly to her financial success, making her one of Nigeria’s wealthiest female musicians.

6. ASA – $2 million

Bukola Elemide, known by her stage name ASA, is a highly respected Nigerian musician who has achieved an estimated net worth of $2 million in 2024. Born on September 17, 1982, in Paris, France, to Nigerian parents, ASA’s music career is characterized by her soulful and thought-provoking songs, which have earned her critical acclaim both in Nigeria and internationally.

ASA’s discography includes hit songs like “Jailer,” “Fire on the Mountain,” and “Be My Man.” Her music often addresses societal issues, human emotions, and personal experiences, making her a revered figure in the world of music.

ASA’s wealth is not only attributed to her music but also her successful concert tours, international collaborations, and endorsement deals with brands like GTBank. Her dedication to producing quality music with a purpose has endeared her to fans worldwide and secured her a spot among Nigeria’s wealthiest female musicians in 2024.

7. Waje – $1.7 million

Throughout her career, Waje has released several hit songs, including “I Wish,” “Kpolongo,” and “Omini Knowest.” Her powerful and soulful voice has earned her a dedicated fan base not only in Nigeria but also across Africa and beyond. She has collaborated with various artists both locally and internationally, showcasing her versatility and musical prowess.

Aside from her music career, Waje has ventured into acting and has made appearances in Nollywood films. She has also been a judge on popular Nigerian talent shows, which has further boosted her visibility and income.

8. Madrina (Cynthia Morgan) – $1.5 million

Cynthia Morgan, now known as Madrina, has made a remarkable comeback in the Nigerian music scene, accumulating an estimated net worth of $1.5 million in 2024. Born on September 23, 1991, in Benin City, Nigeria, she gained fame for her unique reggae and dancehall sound.

Cynthia Morgan’s music career experienced ups and downs, but her resilience and talent have brought her back into the limelight. Her hit songs like “German Juice,” “Don’t Break My Heart,” and “Simati Niya” gained her a devoted fan base during her earlier years in the industry.

After a brief hiatus, Cynthia Morgan rebranded herself as Madrina and made a triumphant return to the music scene. Her 2020 singles “Hustle” and “Bubble Bup” showcased her versatility and growth as an artist.

In addition to her music career, Madrina has leveraged her brand for endorsement deals and appearances, contributing to her net worth. Her journey serves as an inspiration to artists facing challenges in the entertainment industry, proving that talent and determination can lead to a successful comeback.

9. Nneka – $1.3 million

Nneka Egbuna, commonly known as Nneka, has established herself as one of Nigeria’s richest female musicians in 2024. Born on December 24, 1980, in Warri, Nigeria, Nneka’s career began to gain traction in the mid-2000s. Her unique blend of afrobeat, reggae, and hip-hop has earned her a dedicated international following.

Nneka’s net worth of $1.3 million can be attributed to her successful music career, which includes numerous hit albums, extensive touring, and endorsements. She has released several critically acclaimed albums such as “Victim of Truth” and “Soul Is Heavy.” Her socially conscious lyrics have resonated with fans worldwide.

10. Simi – $700,000

Simisola Ogunleye, popularly known as Simi, has steadily risen to prominence in Nigeria’s music scene. Born on April 19, 1988, in Ondo State, Nigeria, Simi’s journey to becoming one of the richest female musicians in 2024 has been marked by consistent hard work and talent.

Simi’s $700,000 net worth is primarily the result of her successful music career, which includes hit singles like “Joromi” and “Duduke.” Her soothing voice and relatable lyrics have endeared her to fans both in Nigeria and beyond. Simi has also won several awards and nominations for her exceptional talent.

Nneka and Simi have achieved remarkable financial success in the Nigerian music industry in 2024. Their talent, dedication, and business acumen have contributed to their substantial net worths, making them two of the country’s wealthiest female musicians.

Top Richest Female Musicians in Nigeria

Cynthia Morgan’s triumphant comeback as Madrina, with a net worth of $1.5 million, serves as an inspiring story of resilience and artistic growth. Nneka, with a net worth of $1.3 million, has garnered international acclaim for her unique fusion of musical genres and socially conscious lyrics. Simi, with her $700,000 net worth, represents the younger generation of Nigerian musicians, making waves with her soothing voice and relatable music.

These talented women have not only made significant contributions to the music industry but have also leveraged their brand and entrepreneurial pursuits to secure their positions among Nigeria’s wealthiest female musicians in 2024. Their journeys are a testament to the power of talent, determination, and the ever-evolving landscape of the Nigerian music scene.