Who Is Richer Between Olamide and Phyno? A Detailed Comparison

The Nigerian music industry is blessed with iconic artists who have redefined the Afrobeat and hip-hop scenes globally. Among them, Olamide and Phyno stand out as two of the most influential rappers, not just for their chart-topping hits but also for their significant wealth. However, a question that often sparks debates among fans and music lovers is: Who is richer between Olamide and Phyno?

Contents

In this article, we’ll explore both artists’ careers, musical contributions, social media influence, net worth, and much more to settle the debate. Along the way, we’ll also touch on what makes each of them unique and how they’ve managed to carve their place in the highly competitive Nigerian music industry.

Overview of Olamide and Phyno

Before diving into the numbers, let’s take a brief look at their Biographies.

Olamide Biography

Full Name: Olamide Adedeji
Stage Name: Olamide or Baddo
Genre: Afrobeat, Rap
Debut: 2011 with the album Rapsodi
Notable Achievements: Founder of YBNL Nation, a label that has launched the careers of artists like Fireboy DML and Asake.

Phyno

Full Name: Chibuzor Nelson Azubuike
Stage Name: Phyno
Genre: Igbo Rap, Afrobeat
Debut: 2012 with the album No Guts No Glory
Notable Achievements: Recognized for popularizing indigenous rap in the Igbo language, with massive hits like Fada Fada and Connect.

Olamide: The King of Street Rap

Olamide Adedeji, popularly known as Baddo or Olamide, is a trailblazer in Nigeria’s rap scene. His career took off in 2010 with the release of his hit single Eni Duro. Known for his unique ability to rap fluently in Yoruba, Pidgin English, and English, Olamide’s music resonates with a wide audience, from the streets to corporate boardrooms.

Olamide’s debut album Rapsodi was a commercial success, but it was his second album, YBNL, that cemented his position as a leading artist in Nigeria. Since then, he has released multiple hit albums, including Eyan Mayweather, The Glory, and Carpe Diem. Read Also : WHO IS THE RICHEST BETWEEN SEYI VIBEZ AND PORTABLE ?

Olamide Adedeji’s Net Worth and Sources of Income

Olamide’s estimated net worth as of 2024 is around $15 million, making him one of the wealthiest musicians in Nigeria. Here’s how he makes his money:

Music Sales and Streaming: With over a decade of hit tracks, his songs generate millions of streams on platforms like Spotify, Apple Music, and YouTube.
Concerts and Tours: Olamide’s energetic performances and sold-out concerts in Nigeria and abroad contribute significantly to his wealth.
Endorsements: Over the years, Olamide has signed lucrative deals with top brands like Guinness, Ciroc, and Sterling Bank.
YBNL Empire: As the founder of YBNL Nation, Olamide earns from the success of artists like Fireboy DML and Asake under his label. Read Also: Who is richer between Asake and Zinoleesky? A Detailed Comparison

Olamide Awards and Recognition

Olamide has an impressive collection of accolades, including:

Several Headies Awards
MTV Africa Music Awards nominations
AFRIMA awards

His achievements underline his influential role in shaping modern Nigerian music.

Phyno: The Igbo Rap God

Chibuzor Nelson Azubuike, known as Phyno, is a household name, particularly among fans of Indigenous rap. Phyno burst onto the scene with his debut album No Guts No Glory in 2014, featuring hits like Ghost Mode and Man of the Year.

Phyno’s music is heavily influenced by his Igbo heritage, and his ability to seamlessly blend Igbo and English in his lyrics has won him a loyal following across Nigeria and beyond.

Net Worth and Sources of Income

Phyno’s estimated net worth as of 2024 is $12 million. Here’s a breakdown of his wealth:

Music and Streaming: Phyno’s hits continue to attract millions of streams, making music a primary income source.
Concerts and Appearances: Known for electrifying performances, Phyno frequently headlines events both locally and internationally.
Endorsements: Brands like Nairabet, Glo, and Life Lager Beer have partnered with Phyno for multi-million naira deals.
Record Label: As the head of Penthauze Music, Phyno benefits from the success of artists signed to the label.

Awards and Recognition

Phyno has received numerous accolades, including:

Best Rap Single at the Headies Awards
City People Entertainment Awards for Best Rap Artist
MTV Africa Music Awards nominations

These awards reflect his contributions to indigenous rap and his status as a pioneer in the genre.

Comparing Their Wealth and Influence Olamide Vs. Phyno

Musical Style and Reach

Olamide: His music is more street-oriented, appealing to both urban and grassroots audiences. He is a prolific artist, dropping chart-topping hits consistently over the years.
Phyno: Phyno’s music is culturally rooted, resonating deeply with his Igbo fanbase while also appealing to a wider audience. His collaborations with artists like Flavour and Olamide have broadened his reach.

Olamide boasts over 11 million Instagram followers, showcasing his massive influence in the digital space.
Phyno, while trailing slightly with 8 million Instagram followers, maintains a highly engaged fanbase.

Read Also: Who Is The Richest Male Tiktoker in Nigeria? [Revealed]

Comparing Net Worth

When it comes to net worth, several factors are considered, including music sales, endorsements, investments, and properties. Here’s how they measure up:

Olamide’s Net Worth

Olamide is estimated to have a net worth of $12 million as of 2025. His wealth comes from:

Music Sales: With over 10 albums and numerous singles, Olamide’s music consistently dominates charts.
Endorsements: He has bagged lucrative deals with brands like Guinness, Glo, and Itel.
Record Label: As the founder of YBNL Nation, Olamide earns from artists under his label.
Properties: Olamide owns luxury homes in Lagos and exotic cars, including a Range Rover and Mercedes-Benz G-Wagon.

Phyno’s Net Worth

Phyno’s net worth is approximately $11 million in 2025. His income streams include:

Music and Tours: Phyno’s ability to attract massive crowds for his shows and tours has significantly boosted his earnings.
Endorsements: He’s signed deals with brands like Nairabet, Life Lager Beer, and Airtel.
Assets: Phyno owns luxurious properties in Lagos and Enugu and drives high-end vehicles, including a Bentley and Toyota Avalon.

Career Achievements and Influence

Oleamide’s Milestones

Over 10 albums, with hit tracks like Wo, Durosoke, and Bobo.
YBNL Nation: A hub for nurturing emerging talents, contributing to the growth of Afrobeat globally.
Awards: Multiple Headies Awards, MTV Africa Music Awards, and more.

Phyno’s Milestones

Albums like No Guts No Glory and Deal with It have cemented his position as an Igbo rap king.
Collaborations with artists like Flavour, Davido, and Olamide himself.
Awards: Numerous Nigerian Entertainment Awards and City People Entertainment Awards.

Endorsements and Business Ventures

Both Olamide and Phyno have been recognized for their contributions to Afrobeat, earning nominations and accolades that further solidify their places in the industry:

Olamide

Endorsements: Olamide’s partnerships with leading brands have added millions to his fortune.
Businesses: He reportedly owns stakes in real estate and a clothing line.

Phyno

Endorsements: Phyno has collaborated with both local and international brands.
Businesses: In addition to music, Phyno has ventured into film production and digital startups.

Olamide Vs. Phyno Who Is Richer?

Based on available data, Olamide has a slight edge over Phyno in terms of net worth. His investments in YBNL Nation and diverse business ventures place him ahead financially. However, both artists remain highly influential and respected, each contributing uniquely to the growth of Nigeria’s music industry. Read Alsso: Who is the Richest Between Davido and Osimhen ?

Conclusion

The debate on who is richer between Olamide and Phyno highlights their impressive achievements and contributions to the entertainment world. While Olamide may lead in terms of wealth, Phyno’s influence, especially in indigenous rap, is unparalleled.

FAQs

1. Who is richer, Olamide or Phyno?

Olamide is currently richer with a net worth of $12 million, while Phyno’s net worth is between $10 million and $11 Million

2. What are Olamide’s biggest assets?
Olamide owns luxury homes in Lagos and several high-end cars, including a Range Rover and a Mercedes-Benz G-Wagon.

3. How does Phyno make his money?
Phyno earns from music, endorsements, tours, and investments in startups and film production.

4. Which artist has more awards?
Olamide has won more awards, thanks to his diverse music and contributions to the industry.

5. What are their real names?

Olmide’s real name is Olamide Adedeji and Phyno’s real name is Chibuzor Nelson Azubuike

6. Who has more Instagram followers?

Olamide leads with 11 million followers, while Phyno has 8 million.

Regardless of their financial standings, both artists continue to inspire millions with their talent and entrepreneurial spirit.