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Music Executive Paulo Okoye Declares Burna Boy the Wealthiest Nigerian Artist

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Prince Jean

Aug 17, 2024

Paulo Okoye Declares Burna Boy Nigeria’s Wealthiest Musician with $80 Million in 2023 Earnings. Instagram:@burnaboygram

Renowned Nigerian music executive, Paulo Okoye, has named Burna Boy as the country's richest musician, revealing that the Grammy-winning artist amassed an astonishing $80 million in 2023 alone.


Okoye shared this information during a live Instagram session with popular podcaster Daddy Freeze. Highlighting Burna Boy's financial success, Okoye remarked,

"The only person making significant money in Nigeria is Burna Boy. He earned between $80 to $100 million four years ago. Burna Boy is undoubtedly the richest."

Okoye further emphasized Burna Boy’s business acumen, noting that the artist operates with a tight-knit team, primarily composed of family members.

"Burna Boy is on another level. His core team includes his mother, sister, and a few others, totaling fewer than eight people. The rest are either contractors or consultants,"

he added.

This revelation places Burna Boy at the forefront of Nigeria's entertainment industry, solidifying his status as not only a global music icon but also a powerful force in the business world.

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