Name | Interim Timaya Odon |
Date of birth | 15th of August 1980 |
Net worth | $10 million |
State of Origin | Rivers State, Nigeria |
Profession | Musician and Record Label Producer |
Timaya is a Nigerian singer, songwriter, and record producer. He has been in the music industry for nearly two decades and has become a renowned name. His immense contributions to the Afro-Dancehall genre have earned him immense success and recognition, as well as a remarkable net worth of over $10 million.
The majority of Timaya’s wealth comes from his music career. His 8 studio albums have been proven hits, selling millions of copies. Additionally, Timaya collects royalties from his songs that can be heard on radio, television, and streaming services.
Apart from music, Timaya also earns money from multiple sources. He is a brand ambassador for various companies and products, as well as a regular performer at live events. He also makes money from performances and endorsements. All these sources have significantly contributed to Timaya’s current net worth.
It is clear that Timaya is a perfect example of hard work and dedication paying off. His success has allowed him to accumulate a considerable amount of money, and he has remained a positive influence in the Nigerian music industry.
After an extensive research, this blog will further explore Timaya’s wealth and how he built a net worth of $10 million.
How Does Timaya Make His Money
Timaya is one of the biggest names in Nigeria’s music industry and he has been able to make money from a variety of different sources.
He has been able to make money through record sales, streaming services, endorsement deals, and tours.
Music
Timaya is well known for his blend of Afro-Caribbean/Dancehall music and other music genres. He is the founder of DM (Dem Mama) Records Limited, which he is also signed to.
His music journey began in 2005 with the release of his first single, “Dem Mama.” The song, which was based on the massacre that took place in his hometown of Odi, marked the start of his successful music career. The following year, he released his debut album, “True Story,” which generated a lot of sales and popularity.
In 2008, Timaya continued his musical journey with the release of his second album, “Gift and Grace.” This was followed by his third studio album, “De Rebirth,” which marked a turning point in his career. The album brought Timaya international recognition and visibility, establishing him as a prominent figure in the music industry.
After five successful years of releasing multiple singles, touring heavily, and gaining fans around the world, Timaya released his sixth solo studio album, “Gratitude,” in 2020. This 15-track project garnered much praise and featured collaborations with East African artist Alikiba, Trinidadian Soca star Machel Montano, and Nigeria’s Grammy-winning musician Burna Boy.
The album included singles such as “Gra Gra,” “Don Dada,” “I Can’t Kill Myself,” “Balance,” and “Born To Win,” which were all met with critical acclaim. Timaya’s previous EP, “Chulo Vibes,” released in 2019, demonstrated his versatility, as he worked with diverse artists from around the world on the project. The album did not just gain popularity for him but also generated him income which contributed to his net worth.
In 2021, Timaya released the hit single “Cold Outside” in collaboration with Nigerian artist BNXN (popularly known as Buju) and record producer Yung Willis. The song was an instant success with about 75 million streams and over 500 million plays worldwide.
On March 16th, 2022, Timaya released the third single from his upcoming album Chuloverse, entitled “Charger.” Timaya continues to grow his net worth by releasing top-notch songs and collaborating with other musicians.
Below are some of his record Albums:
- Dem Mama ( 2005 )
- True story(2006)
- Gift and grace (2008)
- De Rebirth(2010)
- LLNP Long life N Prosperity (2011)
- Upgrade (2012)
- Epiphany (2014)
- Chili Vibes EP (2019)
- Gratitude (2020)
- Chuloverse (2022)
Endorsement Deals
Timaya secured endorsement deals with some of the leading brands in the industry. He had endorsement deals with Hennessy, Globacom, and MTN and has made over $650,000 from these three deals alone. He also represents the esteemed IIFWP as a World Peace Ambassador.
Hennessy, the world-renowned cognac brand, was the first of Timaya’s endorsements and was reportedly worth a whopping $200,000. The singer then went on to secure a $150,000 deal with Globacom, Nigeria’s second-largest telecommunications provider, followed by a massive $300,000 contract with MTN, the country’s leading telecommunications provider.
Asides from these brands, it was reported that Timaya had an endorsement deal with Moniepoint but his earnings from these deals were not disclosed.
The singer’s accomplishments in the endorsement industry are nothing short of remarkable, and they are a testament to his success as an artist and a businessperson. He has earned over half a million dollars earned from the three deals alone which contributed to his net worth.
Streaming Platforms
Timaya’s YouTube channel boasts over 50 million views and half a million subscribers, making him an incredible success story in the music industry.
In addition to his success on YouTube, Timaya has also become a star on streaming platforms such as Apple Music and Spotify, where people can purchase and stream his music. The payment for these streams varies depending on the number of plays, but it was reported that Timaya has had more than 400 million streams globally, thus bringing in an estimated revenue of $400,000.
YouTube also pays Nigerian singers $2 for every 1,000 video views, and this brings in even more money for Timaya. Through YouTube, Timaya continues to make money from ads that appear on his music videos whenever someone watches them.
Altogether, Timaya’s success on YouTube and other streaming platforms has earned him an estimated income of $790,000 from his music. This makes him one of the most successful Nigerian musicians of his time and shows the immense potential of streaming platforms for music artists around the world.
Tours and Shows
Timaya is an internationally-renowned artist with a good tour portfolio. He has gone on several successful tours in the United States, Canada, and Europe, engaging fans with his amazing live performances.
In 2021, Timaya embarked on a US Tour to promote his latest album, Chulo Vibes. In 2019, he took his Chulo Vibes Tour across Europe, impressing fans with his unique sound and creative lyricism. The year before that, he performed a series of shows in Canada and met with fans. Timaya made his US Tour debut in 2017, and was welcomed with open arms by audiences.
Though the exact amount that Timaya charges for his shows is unknown, it is known that he does not charge less than 5 million naira to perform. His highly sought-after shows are always memorable, giving fans a chance to connect with the artist and his music.
Timaya Biography
Timaya is a well-known music artist in Nigeria and one of the top richest musicians in Africa.
Interim Timaya Odon, best known as Timaya, is a singer and songwriter born on the 15th of August 1980 into a family of seventeen with a father and others inclusive.
Timaya was the last run of the family; his father was a banker, while his mother was a small business owner. He was born in Agip Estate, Port Harcourt ( Rivers state), but he is originally from Bayelsa state.
He is a well-known singer in Nigeria who has performed and recorded several super-hit songs. He has also elevated Nigerian pop to the country’s most famous single. He earned recognition in 2005 after releasing the contentious single “Dem Mama,” which later appeared on his debut album, “True Story,” released the following year.
Education
Timaya started his educational journey in The Assemblies of God nursery and primary school and proceeded to Nkpok Orowurukwo secondary school in Port Harcourt in Rivers state. During this time, research shows that Timaya often broke out at night to attend night parties, which made his mother arrange for his relocation to Lagos.
His mother made him join his brothers and sisters, who were already living in Lagos then. On getting to Lagos, Timaya’s siblings enrolled him into another secondary school, “Ikeja Grammar School, ” where he finished his secondary education with an o ‘ level result.
After then, Timaya returned to Port Harcourt to study Banking and Finance at the university stage. However, his performance made him drop out at 100 level in the first semester as he needed to do better academically.
Career Journey
Timaya, returning to Lagos after doing poorly at school, finds his way back to his music career. He joined Abdulkareem’s music group and started as a backup singer. After spending about three years with this group, Interim left to start a solo career.
Timaya started collaborating with others in the music industry and recorded songs, but unfortunately, his songs were not released. Fortunately for him, he met Obaksolo at Oshodi in 2005 after he had made his first public appearance in a music video which was created by a Lagos rap group ( UDX)
Obaksolo was a song producer, and he handled most of Timaya’s albums after successfully handling the production of the first Timaya hit song, “Dem mama”.
Awards
Timaya has won many popular awards in the music industry due to his excellent music styles. In 2008, he won the Nigeria Music Awards in the section of Album of the Year. He won the Online African Music Award in 2011 (” Plantain Boy”). He has won the Headies award four times and the Nigeria Music award. He also won the best collaboration award on a song titled” Good or Bad”, which he did with J Martin.
Assets
Timaya, just like every successful music star, has lots of cars and houses. Timaya is a fan of cars, just like any other well-known musician or celebrity in Nigeria. One of his houses is said to have been worth about #200 million.
The Bayelsa-born artist owns a few landed properties in Port Harcourt, Rivers State, where he was born. His PH houses and apartments cost him a fortune, even though they appear slightly below Lekki’s standard. On Banana Island, Timaya doesn’t own a home. Given its upscale location in Lagos, it has become customary for people to associate celebrities with having properties in the area.
While one is located in Eliozu Port Harcourt’s upscale neighbourhood, the location of the second, which is rumoured to have cost him $100 million, has yet to be made public. A sparkling pool at Timaya’s Eliozu residence is by the building’s main entrance.
He’s a Motörhead, and his garage is reportedly filled with expensive cars. He has cars like Mercedes-Benz G55 AMG worth 55 Million, Range Rover Sport 2013 worth 17 Million, Range Rover Sport 2016 worth 19 Million, Mercedes-Benz GLE worth 25 Million, Lexus SUV GX269 worth 33 Million and many others.
Relationship
Timaya is a father of two girls and one boy, whom he got from two women.
Net Worth Growth
2017- $3.5 Million
2018- $4.2 Million
2019-$6.4 Million
2020- $7.6 Million
2021- $8.8 Million
2022 till date -$10 Million
Conclusion
Starting from humble beginnings, Timaya has worked tirelessly to establish himself as one of the most recognizable names in the Nigerian music industry.
This blog has explored the journey of the musician from his lowly beginning to growing his net worth to $10 million.