647 Views

10 Richest Nigerian Comedians And Their Sources Of Wealth

Comedians are meant to be funny, right? Yes, the stand-up comedians dominating Nigeria’s humour business landscape are funny quite alright on stage, but very serious in business.

1q

With assets running into billions of naira, they are light years apart from the past crops of old comedians who wait on people for meager rations of life.

They may look funny and unserious, but they are cavorting to the bank and living their dreams. Ali Baba, the father of stand-up comedians in Nigeria, aptly captured in words, the profitability of comedy business when he said: “comedy is a funny business, a very big business.”

After a careful study of the careers of these successful comedians, Showtime came to the conclusion that a number of them are outstanding. Here are 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.

Alibaba:

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!

 

Basketmouth:

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 limelight.

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.

ALSO READ  Uproar At Ciara For Reposting Video About Marriage And Advising Women To "Level Up"

 

Julius Agwu:

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 comedian.

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.

AY:

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

Okey Bakassi:

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.

TEE-A:

A highly gifted wedding MC, he has equipment and an events company. He anchors mainly heightened events and also does private businesses

BOVI:

He has made a lot of money lately from events, adverts and tours. He is probably the hottest kid right now.

YAW

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.

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Comment

Your email address will not be published.

Latest Posts

European Investment Bank Partners With AfDB To Support Private Sector Investment In Nigeria
Business
61 views
Business
61 views

European Investment Bank Partners With AfDB To Support Private Sector Investment In Nigeria

PH - April 22, 2018

The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business…

Telecoms VAS Market Hits $200m In Nigeria
Business
50 views
Business
50 views

Telecoms VAS Market Hits $200m In Nigeria

PH - April 22, 2018

The Value Added Services (VAS), segment of the telecom market in Nigeria has recorded the sum of $200 million revenue as at first quarter this year, Prof.…

#BBNaija: Why Cee-C Is Bbetter Than President Buhari – Reno Omokri
Entertainment
90 views
Entertainment
90 views

#BBNaija: Why Cee-C Is Bbetter Than President Buhari – Reno Omokri

PH - April 21, 2018

Former aide to Ex-President, Goodluck Jonathan, Reno Omokri,in his latest shade on President Buhari has mentioned that a housemate on the Big Brother Naija 2018 reality TV…

Why I Didn’t Do Well At Chelsea – Liverpool Star, Mohamed Salah
Sports
129 views
Sports
129 views

Why I Didn’t Do Well At Chelsea – Liverpool Star, Mohamed Salah

MT - April 20, 2018

While speaking in an exclusive interview ahead of Liverpool’s clash at West Brom on Saturday, on Sky Sports Premier League, Mohammed Salah admitted that he is focusing on…

“Why Soldiers Burnt Houses In Benue State” – Army Spokesperson
Shocking
131 views
Shocking
131 views

“Why Soldiers Burnt Houses In Benue State” – Army Spokesperson

MT - April 20, 2018

The Nigerian army has taken responsibility for the attack, which resulted in burning down of houses in a Benue community on Thursday. The Army said the attack…

Meet Vivian Chiologi, John Shittu’s Wife Who Got Married At 50, Gave Birth At 51
Best of Nigeria
153 views
Best of Nigeria
153 views

Meet Vivian Chiologi, John Shittu’s Wife Who Got Married At 50, Gave Birth At 51

MT - April 20, 2018

My darling Viv, today I celebrate you and I thank God for your life and strength. What a testimony your life has become. You met and fell…

Lazy Youths: Why Buhari Should Apologize And Be Forgiven – Shehu Sani
Politics
114 views
Politics
114 views

Lazy Youths: Why Buhari Should Apologize And Be Forgiven – Shehu Sani

MT - April 20, 2018

SHEHU Sani, Senator representing Kaduna Central, has urged President Muhammadu Buhari to apologize over his remarks about Nigerian Youths. While answering a question at the Commonwealth Business…

19-Year-Old Udeh Precious Wins 2018 Sisi Oge Cultural Pageant (Photos)
Best of Nigeria
122 views
Best of Nigeria
122 views

19-Year-Old Udeh Precious Wins 2018 Sisi Oge Cultural Pageant (Photos)

MT - April 20, 2018

19 year old Miss Udeh Precious has emerge winner of the 2018 Sisi Oge Cultural Pageant. The actress and model beat 19 other contestants in the competition…

Nigeria Uninterruptible Power Supply To Reach 4.7% In 2024
Business
107 views
Business
107 views

Nigeria Uninterruptible Power Supply To Reach 4.7% In 2024

PH - April 20, 2018

Nigeria Vision 20:2020 is set to be a major development plan for the country to accelerate growth of commercial and industrial sectors over the coming years. Further,…

Nigeria’s Brent Crude Hits $73.79 per Barrel
Business
114 views
Business
114 views

Nigeria’s Brent Crude Hits $73.79 per Barrel

PH - April 20, 2018

An improvement in Nigeria’s oil earnings is on course as prices held firm on Friday near three-year highs reached earlier this week as ongoing Organisation of Petroleum…

Debbie Rise’s Sister Tee-Rise Releases Gospel single “First Loved Me”
Entertainment
116 views
Entertainment
116 views

Debbie Rise’s Sister Tee-Rise Releases Gospel single “First Loved Me”

PH - April 20, 2018

Temilolu Olurishe also known as Tee-Rise is a young lady with a desire to express her worship to God in her songs while she helps others enjoy…

WATCH: Chimamanda Adichie Talks #MeToo, Feminism and Gay Rights on CNN
Best of Nigeria
116 views
Best of Nigeria
116 views

WATCH: Chimamanda Adichie Talks #MeToo, Feminism and Gay Rights on CNN

PH - April 20, 2018

Chimamanda Ngozi Adichie was on CNN to discuss the #MeToo movement, feminism, and rights of LGBT people with Christiane Amanpour. The writer who revealed earlier this week…

19-Year-Old Udeh Precious emerges Winner of the 2018 Sisi Oge Cultural Pageant
Art, History and Culture
109 views
Art, History and Culture
109 views

19-Year-Old Udeh Precious emerges Winner of the 2018 Sisi Oge Cultural Pageant

PH - April 20, 2018

The 19-year-old model, actress and show host, Udeh Precious, beat stiff competition from 19 other contestants to emerge winner of the 2018 Sisi Oge Cultural Pageant. Precious,…

BBNaija: Tobi Bakre Is Not A Lazy Nigerian Youth; Check Out His 5 Professions..
Best of Nigeria
113 views
Best of Nigeria
113 views

BBNaija: Tobi Bakre Is Not A Lazy Nigerian Youth; Check Out His 5 Professions..

MT - April 20, 2018

Shared Via IG With Caption .. Nigerians are one of the most resourceful and hardworking people in the world. From generation to generation, this has remained true.…

Veteran Actress, Ireti Doyle Shares How She Almost Lost A Job “For Being The Wrong Skin Colour”
Entertainment
103 views
Entertainment
103 views

Veteran Actress, Ireti Doyle Shares How She Almost Lost A Job “For Being The Wrong Skin Colour”

PH - April 20, 2018

Veteran actress Ireti Doyle, in a post on her Instagram page, is speaking about colorism. In her post, she details how she almost lost a major gig…

1771 Cases of Domestic Violence, 138 Against Men, Recorded in 10 Months in Lagos
Shocking
91 views
Shocking
91 views

1771 Cases of Domestic Violence, 138 Against Men, Recorded in 10 Months in Lagos

PH - April 20, 2018

The Lagos State Domestic Violence & Sexual Violence Response Team (DVSRT) recorded 138 cases against men between May 2017 and March 2018. This was revealed by the…

5 Women-Owned Tech Spaces that VP Osinbajo Could Have Visited During #VPTourOfTech – Mary Olushoga
Business
94 views
Business
94 views

5 Women-Owned Tech Spaces that VP Osinbajo Could Have Visited During #VPTourOfTech – Mary Olushoga

PH - April 20, 2018

Why are women innovators largely ignored in Nigeria’s male-dominated technology spaces? Why didn’t Vice President Osinbajo visit any women-owned spaces during the highly popular and attention-grabbing #VPTourofTech?…

#ReadyToBeatMalaria: Chimamanda Adichie Joins Bill Gates, Prince Charles at Malaria Summit in London
Food and Health
100 views
Food and Health
100 views

#ReadyToBeatMalaria: Chimamanda Adichie Joins Bill Gates, Prince Charles at Malaria Summit in London

PH - April 20, 2018

Nigerian writer Chimamanda Ngozi Adichie gave a speech at the Malaria Summit on Wednesday, 18th of April,in London, England. The Malaria Summit was held to urge Commonwealth…

Loading...