P-Square’s Net Worth

Temiloluwa Abiola
By Temiloluwa Abiola - Lead Writer
11 Min Read
Full namePeter Okoye, Paul Okoye
Date of Birth18th November 1981
NationalityNigeria (Anambra State)
OccupationsMusician 
Net worth$16 Million

P-Square is made up of Peter and Paul Okoye. They are talented people who have been praised as the greatest African artists ever.

They invaded the musical boundaries of Africa and performed all over the world in front of a diverse audience. P-Square’s worth was very high before their breakup, making both brothers the wealthiest musicians in Nigeria. But after they split in 2017, their net worth sharply decreased.

This article will examine P-Square’s wealth, including his income from business ventures, sponsorships, and music sales.

Early Life

On Wednesday, November 18, 1981, the Okoye family welcomed Peter and Paul into the world in Jos. They also completed their secondary education at St. Murumba Secondary School in Jos.

The identical twins, driven by their love of music, enrolled in a music program to hone their musical abilities. They began singing, dancing, and imitating Michael Jackson, Bobby Brown, and MC Hammer’s songs there.

Melvin, Michael, McLef, and they formed an acapella group first. They later started practising choreography, taking Michael Jackson as an example.

They quickly became proficient at it and attempted to break their bones through dancing, but their bones were made of rubber, so they flexed them until they were booked throughout the city of Jos now and then to perform. They were called “Smooth criminals”.  

The group broke up to pursue further studies. The bonds that had once kept them together were severed by education, and they all split apart, leaving the twin brothers all by themselves.

They continued their education at the University of Abuja, where they both studied Business Administration. They considered several names before settling on P-square as their stage name. They had various names before settling on “P-square,” including “P and P,” “Da pees,” and “Double P.”

Music Career

Bayo Odusami, the CEO of Adroit Nigeria Limited, oversaw the group. He went by the name Howie. Did you also know that Howie was merely an accomplished concert promoter?

After winning the Grab, the Mic competition in 2001, our very own Naija Music Twin recorded their debut album, Last night. On the other hand, P-Square received a KORA award nomination in South Africa two to four months after Last Night was released under Timbuk2. But the team left with the Amen Award. Before disbanding, Peter and Paul quickly gained national attention and released six albums under the moniker “P-Square.”

In 2005, their follow-up album, “Get Squared,” was released by their record label, Square Records. The album featured Weird MC and the hit song “Bizzy body.” Music lovers all over the nation were intoxicated by and mesmerized by this song, which made everyone move their bodies.

Their best-selling album, “Game Over,” which has sold 8 million copies, arrived two years later. Akon, an African-American singer, owns the record label Konvict Music, where they were signed in 2011. In the remix of their song “Chop my money,” Akon was a featured artist. Additionally, they included American rappers T.I and Rick Ross in their remix of “beautiful Onyinye” and “Ejeajo,” respectively.

Both Rudeboy’s wife, Anita Ishama, and Mr P’s wife, Lola Omotayo, are married. Both have wonderful children. Cameron and Aliona Okoye are Mr P’s children. Andre, Nathan, and Nadia Okoye compensate Rudeboy Kids.

Both run record labels; Rudeboy runs Fire Department Inc., and Mr P runs P. Classic Records. Paul is in the real estate business, but little is known about their other investments besides music. 

The Split-up  

Do you recall the two brothers’ performances of Senorita, Omoge Mi, Busy Body, and other songs? This album was the first one to come out in 2005. Because they hustled for everything they had, these two were future stars. Even so, it was impossible to tell who was the best and who wasn’t until suddenly.

When the duo split up and declared the company P-Square inactive, they gave the blogosphere and media outlets plenty of bread to feast on. Each of them picked a unique name for himself. Their older brother Jude Okoye, also known as Engees, was involved in the contentious split.

The crises relieved him of his management duties, but he still produces most of their videos as their manager and producer.

Sources, however, confirmed that their mother did not want her son to marry his wife before she passed away. Jude was initially adamant that he would honour his mother’s request after she passed away. But if there’s one thing you can take away from this, men detest being told what to do.

After his mother passed away, Peter married his wife, which felt disrespectful to the others. Because of this, Peter refused to use the stage name “P-Square” for several weeks. Later, he moved away from their shared mansion with his wife and children. They hired a lawyer to help them divide their wealth because they had previously worked together in joint ventures.

Some of Mr P Singles are:

  • Cool it Down (2017
  • For My Head (2017)
  • Ebeano (2018)
  • Zombie (2018)
  • Wokie Wokie (2018)
  • My Way (2018)
  • Too Late (2019)
  • One More Night (2019)
  • Karma (2019) 

After the breakup, he only released one album, “The Prodigal,” in 2021. Artists like Niniola, Nyanda of Brick and Lace, Teni, Patoranking, DJ Switch, Simi, Wande Coal, and Tamar Jackson have all been featured by Mr P.

Some of Rudeboy’s Singles

  • Fire-Fire (2017)
  • Nkenji Keke (2017)
  • Somebody Baby (2018)
  • IFAI (2018)l
  • Is Allowed (2018)
  • Tonight (2019)
  • Feeling (2020)
  • Oga (2020)

Rudeboy has released about two albums since the breakup. Sarkodie, Phyno, Yemi Alade, Olamide, Akon, Nasty C, Demarco, Harry Song, Reminisce, and Star Signs are just a few of the top Nigerian and international artists with whom he has collaborated.

The two reconciled on November 17, 2021, ending their argument. As a global hit for their reconciliation, P-Square released two new singles on July 21, 2022, with the titles “Jaiye (Ihe Geme)” and “Find Somebody.”

Endorsement Deals

Both of them are Glo ambassadors. With a customized Benz G-wagon and Range Rover Sport, the deal is worth more than N250 million. The two singers are also representatives of Olympic milk.

Mr. P was an ambassador of Merrybet, Adidas, Kia Motors Nigeria, Nutricima, MTN Yello, Nigeria, Olympic Milk, and Skols. He also owns a football academy. Rudeboy has a significant endorsement with coca-cola, which is worth millions.

Albums

2003: Last Nite [Timbuktu Music Label]

2005: Get Squared [Square Records]

2007: Game Over [Square Records]

2009: Danger [Square Records]

2011: The Invasion [Square Records]

2014: Double Trouble [Square Records]

Awards

Even though you and I have come a long way, it’s disappointing that, since the Psquare fight, neither of them has received an award nomination.

Unbelievably, each award you win comes with a monetary reward. So, despite their separation, these awards will always impact Mr P and Rudeboy’s net worth in 2022.

Let’s take a look at the complete list of all of their honours going all the way back to Psquare: 

  • Headies Award for Busy Body Song of the year 2006
  • MTV Africa Music Awards for 2009 best Group
  • MTV Africa Music Awards for Best Group 2008 
  • Headies Award for Artist of the Year 2006
  • Headies Award for Best RnB/pop album 2006
  • Nigeria Music Award for Get Squared Album of the Year- 2006 
  • Headies Award for Album of the Year 2006
  • City mag for Best Hip Hop Group 2006
  • Channel O Music Video Award for Most Gifted Group of the Year 2012
  • KORA Awards for Artiste of the Year 2010
  • Lil Perry Production for 2010 Producer of the Year

Properties

Mr P owns houses in posh neighbourhoods like Ikoyi, Lekki, and Banana Island. His impressive collection of cars includes models like the Range Rover, Mercedes-Benz G Wagon, Porsche 718 Cayman, Jeep Wrangler, and many more.

While Rudeboy, like his brother, lives in lovely homes in affluent places like Ikoyi, Banana Island, and Lekki Phase 1. He also owns a fleet of vehicles, which includes a Lamborghini Huracan, a Range Rover Vogue, a BMW X6, a Mercedes Benz C Class, a Jeep Wrangler, and a Lamborghini Aventador Roadster.

Conclusion

Psquare, the iconic Nigerian pop duo, are one of the most successful musical acts from the continent. They have amassed a vast fortune from their music, with an estimated net worth of about $12 million. This blog post has examined the sources of the group’s wealth, from their music sales to their various endorsement deals. It is clear that Psquare have worked hard to achieve their success and have used this to create a financial legacy for themselves and their families.

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