Top 20 Richest Nigerian Musicians as of 2025,
Nigeria’s music industry has experienced remarkable growth over the past decades, producing artists who have achieved international acclaim and amassed significant wealth. These musicians have not only captivated audiences with their talent but have also ventured into various business endeavors, contributing to their impressive net worths. Below is a detailed overview of the top 20 richest Nigerian musicians as of 2025, highlighting their achievements, luxurious lifestyles, and the factors that have propelled them to the pinnacle of success.
1. Davido (David Adedeji Adeleke) – $45 million
Davido, born in Atlanta and raised in Lagos, is a prominent figure in the Afrobeats genre. His debut album, “Omo Baba Olowo,” showcased his unique blend of traditional African rhythms with modern beats. Hits like “Fall” and “If” have garnered millions of views on YouTube, solidifying his international presence. Beyond music, Davido has secured lucrative endorsement deals with brands such as MTN and Guinness Nigeria. His luxurious lifestyle includes owning a mansion in Banana Island, Lagos, and a collection of high-end cars like the Rolls-Royce Cullinan and Bentley Bentayga. Davido’s success is attributed to his consistent chart-topping releases and strategic collaborations with global artists.
2. Wizkid (Ayodeji Ibrahim Balogun) – $40 million
Wizkid’s rise to fame began with his debut single “Holla at Your Boy,” leading to collaborations with international stars like Drake and Beyoncé. His song “Ojuelegba” received global recognition, and his album “Made in Lagos” further cemented his status in the music industry. Wizkid’s endorsement deals with brands like Pepsi and UBA, along with his sold-out concerts worldwide, have contributed significantly to his wealth. He owns properties in both Nigeria and the United States and is known for his stylish fashion sense and luxury vehicles. Wizkid’s ability to blend traditional African sounds with contemporary music has been a key factor in his enduring success.
3. Burna Boy (Damini Ebunoluwa Ogulu) – $35 million
Burna Boy, known for his Afro-fusion style, gained international acclaim with his album “African Giant,” earning a Grammy nomination. His subsequent album, “Twice as Tall,” won the Best Global Music Album at the Grammy Awards, marking a significant milestone for African artists. Burna Boy’s collaborations with international artists and performances at major global festivals have expanded his reach. His assets include a mansion in Lekki, Lagos, and a fleet of luxury cars. Burna Boy’s authentic representation of African culture in his music has resonated with audiences worldwide, contributing to his substantial net worth.
4. Don Jazzy (Michael Collins Ajereh) – $30 million
Don Jazzy is a renowned record producer and the founder of Mavin Records, one of Nigeria’s leading music labels. He has been instrumental in launching the careers of several successful Nigerian artists. Don Jazzy’s business acumen extends beyond music production; he has ventured into real estate and tech investments. His luxurious lifestyle is evident in his collection of high-end vehicles and his mansion in Lekki. Don Jazzy’s ability to identify and nurture talent has been a significant factor in his sustained relevance and wealth in the music industry.
5. 2Baba (Innocent Ujah Idibia) – $25 million
Formerly known as 2Face Idibia, 2Baba is a veteran in the Nigerian music scene. His classic hit “African Queen” remains timeless, and his contributions to the industry have earned him numerous awards. Beyond music, 2Baba has invested in real estate and hospitality. He owns a nightclub in Lagos and several properties across Nigeria. His philanthropic efforts and consistent musical releases have kept him relevant over the years. 2Baba’s enduring appeal lies in his ability to adapt to changing musical trends while maintaining his unique style.
6. Olamide (Olamide Adedeji) – $20 million
Olamide, popularly known as Baddo, is a dominant force in the Nigerian rap scene. He raps primarily in Yoruba, making his music resonate deeply with local audiences. As the founder of YBNL Nation, he has signed and nurtured several successful artists. Olamide’s investments in real estate and his endorsement deals with brands like Ciroc have bolstered his net worth. His car collection includes models like the Mercedes-Benz G-Wagon and Range Rover Sport. Olamide’s grassroots appeal and his commitment to promoting indigenous rap have been pivotal in his career.
7. Phyno (Chibuzor Nelson Azubuike) – $18 million
Phyno is celebrated for his ability to rap fluently in Igbo, bringing the language to mainstream Nigerian music. His collaborations with artists across various genres have showcased his versatility. Phyno’s endorsement deals with brands like Nairabet and Life Lager Beer, along with his performances at sold-out concerts, have significantly contributed to his wealth. He owns a luxurious mansion in Enugu and a fleet of high-end cars. Phyno’s dedication to promoting Igbo culture through his music has endeared him to fans both locally and internationally.
8. Tiwa Savage (Tiwatope Savage) – $15 million
Tiwa Savage, often referred to as the “Queen of Afrobeats,” has made significant strides in the music industry. Her debut album “Once Upon a Time” received critical acclaim, and she has continued to release hits that dominate the charts. Tiwa’s endorsement deals with brands like Pepsi and Forte Oil, along with her international collaborations, have boosted her net worth. She owns a mansion in Lekki and is known for her impeccable fashion sense. Tiwa Savage’s powerful vocals and dynamic performances have solidified her position as one of Nigeria’s top musicians.
Continuing the overview of Nigeria’s top 20 richest musicians as of 2025, here are the remaining artists who have significantly impacted the music industry and amassed considerable wealth:
10. Flavour N’abania (Chinedu Okoli) – $12 million
Flavour is renowned for his contemporary highlife music, blending traditional African rhythms with modern beats. His albums, such as “N’abania” and “Uplifted,” have enjoyed commercial success. Flavour’s energetic performances and dance moves have made him a household name. He has secured endorsements with brands like Life Beer and Flat Tummy Tea. Flavour owns properties in Lagos and his hometown, Umunze, and is known for his philanthropic efforts, including supporting orphanages and organizing free concerts.
11. Banky W (Olubankole Wellington) – $11 million
Banky W is a versatile artist, excelling as a singer, rapper, and actor. He founded Empire Mates Entertainment (E.M.E), which launched the careers of artists like Wizkid and Skales. Banky W has also ventured into politics and filmmaking. His endorsements include Samsung and Ciroc. He owns a luxurious home in Lagos and a collection of high-end vehicles. Banky W’s ability to diversify his career has contributed to his substantial net worth.
12. D’banj (Oladapo Daniel Oyebanjo) – $10 million
D’banj, also known as the Koko Master, gained international fame with his hit single “Oliver Twist.” He co-founded Mo’Hits Records with Don Jazzy and has won numerous awards, including Best African Act at the MTV Europe Music Awards. D’banj’s business ventures include Koko Garri and a range of mobile phones. He has endorsement deals with brands like Slot and Ciroc. D’banj’s flair for entertainment and business acumen have ensured his lasting success.
13. Yemi Alade (Yemi Eberechi Alade) – $9 million
Yemi Alade rose to prominence with her hit single “Johnny,” which garnered millions of views on YouTube. She has released several successful albums and is known for her energetic performances and vibrant fashion sense. Yemi has secured endorsements with brands like Luc Belaire and Hollandia Yogurt. She owns properties in Lagos and is involved in various philanthropic activities, including advocating for women’s rights. Yemi Alade’s dedication to her craft and her dynamic stage presence have made her one of Nigeria’s top female artists.
14. P-Square (Peter and Paul Okoye) – $8 million each
The twin duo P-Square dominated the African music scene with hits like “Personally” and “No One Like You.” After a brief split, they reunited and continue to release music and perform at sold-out shows. They have endorsement deals with brands like Glo and Olympic Milk. P-Square owns mansions in Lagos and a fleet of luxury cars. Their synchronized dance routines and catchy tunes have kept them relevant in the industry.
15. Timaya (Inetimi Timaya Odon) – $7.5 million
Timaya, known as the Egberi Papa 1 of Bayelsa, gained fame with his debut album “True Story.” He has since released multiple successful albums and is known for his dancehall and Afrobeat fusion. Timaya has endorsement deals with brands like Hennessy and Glo. He owns a mansion in Lekki and a collection of luxury cars, including a Bentley Continental GT. Timaya’s consistency in releasing hit songs has solidified his position in the music industry.
16. Tekno (Augustine Miles Kelechi) – $7 million
Tekno is a singer, songwriter, and producer known for hits like “Pana” and “Duro.” His music blends Afrobeat with contemporary pop. Tekno has produced songs for artists like Davido and Beyoncé. He has endorsement deals with brands like MTN and Pepsi. Tekno owns properties in Lagos and is known for his stylish lifestyle. His versatility in music production and performance has earned him a spot among Nigeria’s wealthiest musicians.
17. Kizz Daniel (Oluwatobiloba Daniel Anidugbe) – $6.5 million
Kizz Daniel gained prominence with his hit single “Woju” and has since released successful albums like “New Era” and “No Bad Songz.” He is known for his smooth vocals and catchy melodies. Kizz Daniel has endorsement deals with brands like Hennessy and FlyBoy Inc, his own record label. He owns a mansion in Lekki and a range of luxury cars. Kizz Daniel’s dedication to his music and his ability to consistently release hits have contributed to his wealth.
18. M.I Abaga (Jude Abaga) – $6 million
M.I Abaga is a renowned rapper and former CEO of Chocolate City, one of Nigeria’s biggest music labels. He is credited with popularizing rap music in Nigeria and has won numerous awards for his lyrical prowess. M.I has endorsement deals with brands like Glo and Martell Cognac. He owns properties in Lagos and is known for his intellectual approach to music. M.I’s influence in the Nigerian hip-hop scene is significant, and his business ventures have added to his wealth.
19. Falz (Folarin Falana) – $5.5 million
Falz is a rapper, actor, and lawyer known for his witty lyrics and social commentary. He gained widespread recognition with his song “This is Nigeria,” which addressed societal issues. Falz has acted in several Nollywood movies and has endorsement deals with brands like MTN and Hennessy.
20. Patoranking $5million
Patoranking’s musical journey began with his unique blend of reggae, dancehall, and Afrobeat, leading to numerous hits and accolades, including awards from AFRIMA. He initially worked with Dem Mama Records and Foston Musik before establishing himself as an independent artist. citeturn0search2
Lifestyle and Assets:
Despite his success, Patoranking maintains a relatively private lifestyle. He owns a residence in the upscale Metro Garden, Lekki, Lagos, and his car collection includes a Porsche 911, Mercedes Benz G55, Mercedes G Wagon, and a 2014 Range Rover SUV.
