Checkout out The 10 Richest Nigerian Comedians And Their Sources Of Wealth
The comedy business in Nigeria is no longer just funny
but also a big source of revenue for the Nigerian
Entertainment industry and the comedians themselves.
The Vanguard takes a look at the top 10 in this branch of
entertainment in terms of their assets, the money they
charge per show, the various products or corporate
endorsements they did, and their established brands from
which they make steady income.
With over thirty years of performing on stage and hosting
events for almost all Nigeria’s former presidents and the
present one, Ali Baba sits at the apex. Even President
Olusegun Obasanjo once jokingly accused him of being
overpaid for his performance. His Lekki mansion where
he lives is said to be worth more than N300 million alone.
Alibaba makes his money through a chain of businesses
in Lagos: as a reputed motivational speaker, a
professional comedian patronised by almost all the big
brands and political bigwigs in the country. His net worth
is estimated to be over 3 billion naira. It is estimated that
he performs in a minimum of two events weekly at an
average rate of 4 to 4.5million naira per event. That would
add up to about 400 million naira per annum!
He has been associated with many companies, signing
different endorsement contracts in the last six years. He
also has an impressive list of branding deals with Amstel
Malta, Globacom Ltd. and a host of others. With his sold-
out shows in South African, London, and even in far away
America, and on his Basketmouth Uncensored platform,
the comedian has been so consistent since he came to
His assets are estimated to be worth 2 billion naira. His
annual income may be in excess of 192 million, while
endorsement deals run into over 120 million annually.
His international show, Basketmouth Uncensored, rakes
in an estimated 100million naira. This artiste makes over
360 million annually.
I Go Dye:
United Nations Millennium Developmental Goal
Ambassador, Amb. Francis Agoda, fondly called I Go Dye
is the C.E.O of Revamp Construction Company, a
property, real estate and road Construction Company. An
estimate of his annual income stands between 350 and
500million naira, while his net worth is valued at over 2
billion naira. With properties in choice areas across
Nigeria, and fleet of luxury cars, he is the man to beat. He
also has a special performing relationship with almost all
the governors in the country. His business empire is
increasing every day. Presently, he is constructing a bottle
water company, Franstel Natural Bottle Water.
He made over 20 million naira alone from the launch of
his book when he turned 40. He has properties scattered
all over the country, a state-of-the-art audio and video
studio, and more political affiliates than any other
For over a decade now, Julius Agwu has been organising
two events: Crack Your Ribs and Laugh for Christ Sake.
He is reputed to own properties in 3 states in Nigeria, and
is also the C.E.O of Real Laff Entertainment Company
which is an event management firm. His performance fee
is between 2 to 3million naira per event, and his annual
take-home is estimated at 180million while his personally
organised events are estimated to be about 140 million
annually. His net worth is valued to be 1.5 billion naira.
Since his foray into this money making business, he has
risen faster than anticipated with a performance fee that
is between 1 and 2 million naira per event, while his A.Y
Live events organised annually rakes in 160 million
annually. He is said to be earning 280 million naira
annually. His net worth is put at 800 million naira. He is
also working on his MVP club and also runs an event
company. He also has fleets of cars and properties at
Lekki area in Lagos.
Gbenga Adeyinka :
No comedian anchors more events than him presently.
He is constantly busy and a top choice with politicians.
He has properties and several business interests besides
his Laffmattaz which is always a sold-out show with more
than 5000 people in attendance every year.
He anchors upscale events steadily and must have made
huge money from politics too as Senior Special Assistant
on entertainment in Imo State. He has a mansion in Imo
State and Canada.
A highly gifted wedding MC, he has equipment and an
events company. He anchors mainly heightened events
and also does private businesses.
He has made a lot of money lately from events, adverts
and tours. He is probably the hottest kid right now.
Yaw is into the big league with a choice property in Lagos.
He also makes money from MTN adverts, radio
presentations, radio hypes, anchoring events, equipment
leasing and other businesses.
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