This article talks about Phyno’s net worth. So, keep reading if you’re interested in finding out what the Igbo rap artiste is worth and how he makes his money.
Chibuzor Nelson Azubuike is popularly referred to as Phyno or Phyno Fino.
He became actively involved in the Nigerian music industry after he released his debut album in 2012.
The album became a huge hit and paved way for the fame which he now enjoys.
Phyno Fino has not looked back ever since; he has continued to release hit singles. And as a result, his net worth keeps getting bigger.
Read more: Phyno biography, phone number, awards and Facts
Page Contents
Net worth
Phyno’s net worth is estimated to be above $5 million, which is equivalent to 1.8 Billion naira, based on 2020 Dollar to Naira exchange rate.
Phyno has notably amassed quite some wealth for himself within his short period in the Nigerian music industry.
However, he still doesn’t make a list of our top 10 richest musicians in Nigeria. But we do hope he is able to do so in the next few years to come.
Obviously, his number #1 source of income is the production of music and singing. He receives royalties whenever his songs are streamed or downloaded iTunes, Youtube, Shazam and other streaming companies.
According to reports, Phyno charges within the rage of 4-6 million naira per show, and he attends several shows every month.
The money Phyno makes from shows play a major role in his current net worth.
Businesses & endorsements
As we all know, most Nigerian musicians often indulge in one or two activities outside music. These activities go a long way in determining their overall net worth. As for Phyno, he doesn’t make public his businesses.
The only thing we can point out for sure and say Phyno does outside singing is music production.
He has worked as a producer with several top singers in Nigeria.
But that’s not all. Phyno has endorsement deals with top companies around Nigeria, including Nairabet, Nigerian Breweries, among others.
Those endorsement deals are reportedly worth millions of naira.
Summary:
- Full name: Chibuzor Nelson Azubuike
- Net worth: $5 million (estimated)
- Source of wealth: Music and production
- Endorsement: Nigerian breweries and NairaBet