What is Ruger Net Worth and Does He Have a Record Label?

Ruger’s net worth is estimated between ₦150 to ₦200 million. The singer does not have a record label but is signed to D’Prince’s imprint, Jonzing World.

Ruger is a fast-rising Nigerian Reggae-Fusion-Afro-dance hall artist who, barely two years after hitting the limelight, has not only made a name for himself but also accrued wealth. With his unique talents and well-polished voice, the Bounce singer has consistently been releasing hit songs, thereby gaining a lot of fans for himself.

How Much is Ruger’s Net Worth?

Ruger’s net worth is pegged between ₦150 to ₦200 million. This is quite commendable for a young artist that has made music for only roughly two years. His successful music career has earned him a place as one of the best up-and-coming musicians in the Nigerian music industry. Coming from a family of music lovers, Ruger’s music interest was developed from a very young age. Today, he is doing well in the industry with many successful records.

The major sources of Ruger’s net worth include:

  • Music sales
  • Shows and Tours
  • Endorsement Contracts

His Music Journey to Fame

Michael Olayinka, best known as Ruger, began his musical journey back in his primary and secondary school days in Lagos. There, he joined the school music band and performed at some of the school functions. Also, at church, Ruger was a member of the choir and participated in every activity going on in the church.

These platforms helped him discover his music talents, and then he started composing some songs on his own. Given that he comes from a Christian family who also loves music, they gave him all the support he needed, and he kept on writing songs consistently.

Ruger eventually entered the music industry in 2019 after meeting Nigerian Afropop artist and founder of Jonzing World, Charles Enebeli, best known as D’Prince. Ruger presented some of his songs to him, and after listening to them, D’Prince decided to work with him. The rest is history!

What is Ruger’s Record Label?

As a young, talented, and promising act, it was not hard for Ryger to get a record label deal. Ruger is signed to Jonzing World. Jonzing World is a Nigerian record label founded by D’Prince on 22nd March 2019.

D’Prince announced Ruger as his signee on social media on 18th January 2020. The label does well in grooming music talents of Ruger, and he never fails to appreciate and give his shoutout to them.

He is a younger brother of Don Jazzy, and his record label, Marvins Records, is a parent company of Jonzing World. Jonzing World also partners with the UK division of Sony Music Entertainment and Columbia Records. Another notable artist the label currently houses is Rema, who is its first signee.

The Songs that Established Ruger as a Musician Earned Him Fame and Money

Alongside his many hit singles, Ruger has dropped three extended plays; Pandemic, The Second Wave, and The Second Wave Deluxe. He released Pandemic on 12th March 2021, and the project comprises 6 tracks, including the banger, Bounce.

Bounce became commercially successful and became a highly acclaimed song, establishing the singer on the music scene. The song topped number 20 at the Turntable End of The Year chat and debuted at number 39 on the 50 Top charts in its same year of release.

Another song that helped establish Ruger in the spotlight is Dior. The hit song is a lead track in his second project, The Second Wave, released on 19th November 2021. The song peaked at number 32 on the Top 50 charts and 15 on the UK Afrobeats Singles Charts.

In fact, Dior became one of the Year’s biggest hits and, as such, earned him more penny. As of July 2022, Bounce and Dior have more than 37 million and 5 million views on YouTube, respectively. Ruger’s latest song currently making waves is Girlfriend, a track in his third and most recent EP, The Second Wave Deluxe, released in June 2022.

His hard work and talent contributed to the fame and wealth he enjoys today. Though still an upcoming artist, seeing what he has achieved so far, there is no doubt that Ruger’s net worth will keep increasing as he continues to make more hits.

List of Some of His Best Songs

  • Bounce
  • Dior
  • One Shirt
  • Monalisa
  • Girlfriend
  • Abu Dhabi
  • Bow
  • WeWe
  • Yekpa
  • Ruger
  • Lock Down
  • Useless
  • Champion
  • Warning
  • Snapchat

Other Contributors to Ruger’s Net Worth

After the success he recorded with his second EP, The Jonzing World hitmaker stepped up his game and joined Nigerian musicians who charge millions for shows and concerts. Given his growing popularity, the afrobeat star has kept increasing his fees even though how much he charges per show is not revealed.

The project’s success also made way for him to launch an international tour tagged The Rugger Tour. The tour started in May 2022 and saw Ruger perform in cities like Dallas, Australia, Las Vegas, Netherland, Cyprus, and Houston. He was also billed to perform in Malta, Sweden, Germany, Portugal, and the UK.

In addition, Ruger has an official YouTube channel wherein he sells and promotes his songs due to the millions of views, likes, and subscriptions he accumulates on the streaming platform.

Endorsement and Ambassadorial Contracts

The Dior singer has also earned a cut from endorsement deals. In July 2011, the artist signed a residency endorsement deal with Eko Hotels and Suites, Victoria Island, Lagos State. This is reportedly an 80 million naira six-contract deal that will see him perform at the hotel once a month, starting from 15th August 2021.

The hitmaker appreciated and promised an exciting ride for guests and fans who attended the shows. Again, in April 2020, Ruger, alongside The Cavemen and BBNaija Liquorose, was unveiled as brand ambassadors for the beer brand Tiger Beer.

Ruger does not have any other known business, but we hope he will soon start investing his wealth into other profitable ventures. His burgeoning music career still surrounds all his wealth and fame.

Ruger’s Cars

Ruger’s net worth affords him good cars. The singer reportedly has at his disposal two nice rides. One was gifted to him by his label, Jonzing World, while he bought the other himself. Details of when and the amount he bought the cars is not known. Also, the names of the cars are not identified.

Ruger’s Net Worth Compared to Omah Lay’s Net Worth

Ruger and Omah Lay are two Nigerian fast-rising stars who are currently making waves in the show business and significantly influencing the music industry. While Ruger’s net worth is pegged between ₦150 and ₦200 million, Omah Lay has a net worth estimated between ₦170 and ₦250 million.

Omah Lay began his professional singing career in 2019 and has gotten decent recognition, just like Ruger. Some of his hit records that made and currently making waves in the country include Bad Influence, Godly, Infinity, Confession, Lo Lo, Damn, etc. Besides making money from music, Omah Lay also does not have any other recognizable business yet.

Similarly, worthy to note are some other Nigerian artists in his cadre who are dominating the music industry with their talents. They include Naira Marley (₦268 million), Rema (₦400 million), Zinoleesky (₦166 million), Joeboy (₦300 million), and others.


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