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.”
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 faraway
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.
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 Bakaasi:
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.
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