The richest Fuji musicians in Nigeria probably have more money than many of the mainstream musicians who are quoted as the richest in country. Fuji is a popular music genre across Southwestern Nigeria; it receives incredible airplay; and it has become part of the cultural heritage of the Yoruba people of Nigeria.
Another thing of note is that top Fuji musicians receive very high patronage; they play at parties organized by Yoruba elites and socialites. Fuji Musicians therefore commercialize these parties; using them as shows; and showing their ingenuity.
Fuji Musicians usually have large bands; back-up singers, drummers, guitarists, and pianists all make up their entourage. They therefore operate as music companies. Their band members are well paid; and their brands are quite profitable.
Top 10 Richest Fuji Musicians In Nigeria 2023
1. Ayinde Wasiu Mashal
Net worth: N800 Million
Wasiu Ayinde Anifowose Marshall, also known as ‘Kwam 1, ‘ ‘K1 de Ultimate, ‘and ‘Ayinde Marshall,’ is the most iconic Fuji musician. He is the most respected Fuji musician, and the most influential as well. Ayinde Marshal has been active in the music industry since 1975; when he was a band member of Ayinde Barrister’s band, the Supreme Fuji Commanders.
By 1980 he was on his own; and he had released his first album. By 1984 he had released what is regarded as his most successful album; titled Talazo 84, and then he proceeded on a global tour.
Since then K1 de Ultimate has released several successful albums, and he has toured the world several times. He has even branched out beyond his usual audience by performing Igbo and English songs.
K1 de Ultimate has received several awards for his music, and he has also received several traditional titles. He is courted by all the social and political elites of Yorubaland, and all the Royals have at one time or the other invited him to perform at their events.
2. Pasuma Wonder
Net Worth: N555 Million
Wasiu Alabi Ajibola, also known as ‘Pasuma,’ ‘Pasuma Jibola,’ or ‘Pasuma Wonder,’ is a giant of the Nigerian music industry. He is wildly popular, and well recognized, even outside the South West which is the traditional base of Fuji Musicians. Pasuma Wonder was born on 27th of November 1967, and he was already into music by at least 1990, because by 1993 he released his pioneer album “Recognition.”
Pasuma Wonder has this unique, bass voice which has set him apart from others. He is also dynamic; he has done Hip Hop songs, collaborated with musicians from several other genres, and also branched out into movies.
Pasuma Wonder has won several awards during his career; he has become one of the most recognizable faces in the industry, and has made a fortune as well.
3. Saheed Osupa
Net worth: N500 million
Saheed Osupa is one of the richest Fuji musicians with good reason; nobody produces Fuji music with deep, meaningful and sermonic lyrics like Saheed Osupa. Every line, every track, and every album is directed at making society better. Interestingly, his music is mostly directed towards the younger generation; in fact that demographic is where most of his fanbase comes from.
He comes from a musical background; his father was a Were musician, and was also the elder cousin of Ayinde Barrister- the iconic pioneer of Fuji music.
Saheed Osupa has been Pasuma Wonder’s rival since the 90’s; that rivalry has generated controversy which has become very profitable. Saheed Osupa has appeared in over 30 Yoruba films. He seems to prefer the epics in which he plays a warrior.
4. Abass Akande Obesere
Net Worth: N550 Million
Abass Akande Obesere is one of the most popular names in Fuji Music. He is a man who enjoys controversy; he became popular by singing vulgar songs, and by parading scantily dressed women posing as dancers. He made a fortune from CD sales during the early 2000’s, and even more money from shows. His shows are of particular interest to young people; they take it as an opportunity to engage in questionable activities.
What many people do not know about Obersere is that he is a business tycoon; he is into sports management, entertainment, hotels, and many other ventures. Obesere has become an actor; he has featured in several films since the 2000’s.
5. Sule Alao Malaika
Net worth: N450 million
Sule Alao Malaika, who is popularly called ‘Malaika,’ is a popular Fuji musician. He was immensely popular in the late 90’s and early 2000’s; he has fallen behind the industry’s leaders quite significantly. Malaika actually started his music career in 1983, and he got to experience fame and success.
Malaika has made a lot of money in album sales, shows, and tours, within and outside Nigeria. One of his most notable tours was in 1997 when he toured the US; performing in about 15 states, and making a fortune in the process.
6. Adewale Ayuba
Net worth: N400 Million
Adewale Ayuba has the most melodious voice in the Fuji industry; and that unique voice that has made him immensely popular, and very rich. Adewale Ayuba is popularly known as Mr Johnson, or the Bonus-Fuji maestro, and he was born on 6th May 1966 in Ikenne Remo, Ogun State, Nigeria.
His talents could not be hidden; and by the age of eight, he had started singing at local musical competitions and fiestas in Ikenne. By the age of 17 he had already released his first album “Iberre” meaning The Beginning, and by 1990 he had signed with Sony Music.
Adewale Ayuba has had one of the longest musical careers in Nigeria; and he is still very relevant in the scheme of things today. Aside from the Fuji Music for which he is known; he has collaborated with hip hop musicians, and he has won several awards for his music.
7. Shefiu Alao
Net worth: 350 million
Sefiu Alao Adekunle, popularly known as Shefiu Alao, is a popular Fuji musician; he is somewhat down the food-chain in Lagos; but he has a huge fan base in Ogun State. Sefiu Alao usually refers to himself as “Omo Oko”, which means ‘village boy.’ the reason is that he is proud of his roots, and has vowed never to be swayed by fame.
It is this affirmation that has endeared him to so many fans in his native Ogun State, and in many other parts of the South-West. He makes a lot of money from shows, downloads, and from politicians.
8. Muri Thunder
Net worth: N200 Million
Muritala Ademola Salaudeen, popularly known as Muri Alabi Thunder is one of the Fuji musicians with the financial muscle to stand his ground at any time. He is from a humble background and lived in the ghetto areas of Lagos state for a long time. His experiences in life have no doubt shaped his music; it can be described as “Ghetto Fuji,” and it is enjoyed by the people of such areas, including those that are not of Yoruba extraction.
9. Remi Aluko
Net Worth: N100 Million
Remi Aluko is popularly known as Igwe1. He is a Fuji artist with a difference; one whose gyrating kind of sound appeals to people of all ages and social standings. Remi Aluko’s Fuji music style is unique; his music is a lot faster, and the lyrics usually contain interesting slangs.
Sometimes it is the lyrics from his songs that young people then take to form slangs. He has a slight problem with his eyesight though, but that has hardly affected him as a musician.
10. Taye Currency
Net Worth: N85 million
Alhaji Taiwo Akande Abdulrasheed Adebisi, popularly known as Taye Currency, is one of the top Fuji Musicians. He has released several successful albums as a Fuji artist. Initially, he started out with his brother in what was called the Currency Band. His brother later became his manager, although he is now deceased.
Taye Currency has now become a grassroots politician in his native Ibadan. He cites Pasuma Wonder as his inspiration and is thankful for his support in the establishment of his career.
Anybody who knows Nigeria will also knows that nobody parties harder than the Yorubas. They spend ridiculous amounts of money on their parties and invite Fuji musicians for live performances. The richest Fuji musicians in Nigeria owe the patronage they get from Nigerians in the form of live performances at parties, both locally and abroad for the huge fortunes they have gathered.