Nigeria’s music scene continues to expand, producing global superstars and chart-topping hits but who are the wealthiest musicians in 2025? From Afrobeats pioneers to international pop sensations, this list unveils the top 10 richest Nigerian artists in 2025. We will explore their impressive net worth, accumulated through album sales, hit songs, endorsement deals and business ventures.
To increase your experience we’ve included YouTube videos , Spotify playlists , Instagram links and a special look into their luxury car garages.
Top 10 Richest Nigerian Musicians With Their Net Worth in 2025
1: Burna Boy
- Net Worth: $70 million
- Instagram: @burnaboygram
- YouTube: Watch Here
- Spotify Playlist: Listen Here
- Wikipedia: Burna Boy Wiki
- Deezer: Listen Here
Burna Boy, born Damini Ogulu, is the richest musician in Nigeria in 2025, with an estimated net worth of $70 million. A Grammy-winning Afrobeat star, he blends Afrobeats, pop, dancehall, and reggae, making him a standout artist.
His global recognition, sold-out tours, and hits like “Like to Party” and “African Giant” have cemented his status in the music industry. Beyond music, he has launched his clothing line and invested in entertainment businesses. Burna Boy’s influence continues to shape the global music scene, keeping him at the top of Nigeria’s richest musicians.
🚗 Car Collection
| Car Model | Brand | Estimated Price |
| Urus | Lamborghini | $300,000 |
| G-Wagon | Mercedes-Benz | $200,000 |
| Maybach S-Class | Mercedes-Benz | $250,000 |
2: Wizkid
- Net Worth: $45 million
- Instagram: @wizkidayo
- YouTube: Watch Here
- Spotify Playlist: Listen Here
- Wikipedia: Wizkid Wiki
- Deezer: Listen Here
Wizkid, born Ayodeji Ibrahim Balogun, is one of the biggest names in Afrobeats and global pop music. Rising to fame in 2010, he has won multiple awards and produced chart-topping hits, solidifying his status as an international icon.
His collaborations with global artists, luxury brand deals, and sold-out concerts have contributed to his estimated $45 million net worth. Beyond music, he has invested in the fashion industry and entertainment businesses. Wizkid’s ability to adapt to changing trends while staying true to his African roots has ensured his lasting influence in the music industry.
🚗 Car Collection
| Car Model | Brand | Estimated Price |
| Rolls-Royce Cullinan | Rolls-Royce | $400,000 |
| Bentley Continental GT | Bentley | $250,000 |
| Lamborghini Aventador | Lamborghini | $500,000 |
3: Davido
- Net Worth: $40 million
- Instagram: @davido
- YouTube: Watch Here
- Spotify Playlist: Listen Here
- Wikipedia: Davido Wiki
- Deezer: Listen Here
Davido is a renowned Afrobeats superstar known for his energetic performances and hit songs. Born in the U.S. and raised in Nigeria, he has played a key role in popularizing Afrobeats globally.
As the founder of Davido Music Worldwide (DMW), he has nurtured many emerging artists. With a net worth of $40 million, he is one of Nigeria’s wealthiest musicians. Additionally, Davido is a philanthropist, supporting young talent and various social causes, which further cements his legacy in the industry.
🚗 Car Collection
| Car Model | Brand | Estimated Price |
| Rolls-Royce Phantom | Rolls-Royce | $450,000 |
| Lamborghini Huracan | Lamborghini | $350,000 |
| Ferrari 488 GTB | Ferrari | $300,000 |
4: Don Jazzy
- Net Worth: $25 million
- Instagram: @donjazzy
- YouTube: Watch Here
- Spotify Playlist: Listen Here
- Wikipedia: Don Jazzy Wiki
- Deezer: Listen Here
Don Jazzy, born Michael Collins Ajereh, is a renowned Nigerian record producer and the mastermind behind Mavin Records. He discovered his passion for music early, learning instruments at 12. Before founding Mavin Records in 2012, he co-founded Mo’ Hits Records, which helped launch Afrobeats stars like D’banj.
Beyond producing hits, Don Jazzy is known for talent scouting, mentorship, and business investments in tech and media. His ability to turn young artists into superstars has cemented his legacy as a key figure in nigerian sound industry.
🚗 Car Collection
| Car Model | Brand | Estimated Price |
| Cadillac Escalade | Cadillac | $150,000 |
| Bentley Mulsanne | Bentley | $400,000 |
| Lexus LX 570 | Lexus | $120,000 |
5: Olamide
- Net Worth: $22 million
- Instagram: @olamide
- YouTube: Watch Here
- Spotify Playlist: Listen Here
- Wikipedia: Olamide Wiki
- Deezer: Listen Here
Olamide is a leading figure in Nigerian hip-hop, known for his unique style of blending English and Yoruba in his rap. As the founder of YBNL Nation, he has not only built a successful career but also helped launch the careers of many rising artists.
His influence extends beyond music, shaping street-hop culture in Nigeria and giving underground artists a platform to shine. With an estimated net worth of $22 million, Olamide has also ventured into business, investing in real estate and tech startups. His impact on the Nigerian entertainment industry remains unmatched.
🚗 Car Collection
| Car Model | Brand | Estimated Price |
| Range Rover Sport | Land Rover | $150,000 |
| Mercedes-Benz GLE | Mercedes-Benz | $130,000 |
| Rolls-Royce Ghost | Rolls-Royce | $320,000 |
6: Tiwa Savage
- Net Worth: $18 million
- Instagram: @tiwasavage
- YouTube: Watch Here
- Spotify Playlist: Listen Here
- Wikipedia: Tiwa Savage Wiki
- Deezer: Listen Here
Tiwa Savage, known as the “Queen of Afrobeats,” is a powerhouse in the Nigerian music sector. With her electrifying performances and powerful vocals, she has risen to become one of the most affluent female musicians in Nigeria.
Her success comes from blending Afrobeats, R&B, and pop, along with securing lucrative endorsements and making smart business moves. With a net worth of around $18 million, she has cemented her status as a global star. Tiwa Savage continues to break barriers, inspiring young female artists across Africa and beyond.
🚗 Car Collection
| Car Model | Brand | Estimated Price |
| Bentley Bentayga | Bentley | $230,000 |
| Mercedes-Benz Sprinter | Mercedes-Benz | $150,000 |
| Rolls-Royce Phantom | Rolls-Royce | $450,000 |
7: 2Baba
- Net Worth: $16 million
- Instagram: @official2baba
- YouTube: Watch Here
- Spotify Playlist: Listen Here
- Wikipedia: 2Baba Wiki
- Deezer: Listen Here
2Baba, formerly known as 2Face Idibia, is a legendary Nigerian singer, songwriter, and record producer. He gained fame in the late 90s with the Afro-pop group Plantashun Boiz before launching a successful solo career. Known for his ability to balance a positive public image with his personal life.
He remains an iconic figure in African music with hit songs like African Queen and numerous awards, he has solidified his status as a musical powerhouse. His talent and influence have also made him one of the most affluent musicians in Nigeria, inspiring many upcoming artists.
🚗 Car Collection
| Car Model | Brand | Estimated Price |
| Chevrolet Corvette | Chevrolet | $80,000 |
| Ferrari 458 Italia | Ferrari | $250,000 |
| Range Rover Sport | Land Rover | $150,000 |
8: P-Square
- Net Worth: $12 million
- Instagram: @psquareworld
- YouTube: Watch Here
- Spotify Playlist: Listen Here
- Wikipedia: P-Square Wiki
- Deezer: Listen Here
P-Square, the identical twins Peter and Paul Okoye, were a powerhouse in Afrobeats during the 2000s and 2010s. They mixed hip-hop, Afrobeats, and R&B, creating hit songs and high-budget music videos that gained worldwide fame.
Their collaboration with stars like Rick Ross helped them grow internationally. Despite taking a break, their success and $12 million net worth keep them among Afrobeats legends. Their influence on African music remains strong, and fans still celebrate their legacy.
🚗 Car Collection
| Car Model | Brand | Estimated Price |
| Bentley Continental GT | Bentley | $220,000 |
| Mercedes-Benz G-Wagon | Mercedes-Benz | $180,000 |
| Jeep Wrangler | Jeep | $60,000 |
9: Flavour
- Net Worth: $10 million
- Instagram: @2niteflavour
- YouTube: Watch Here
- Spotify Playlist: Listen Here
- Wikipedia: Flavour Wiki
- Deezer: Listen Here
Flavour, born Chinedu Okoli, is a famous Nigerian singer known for blending Igbo music and highlife with modern sounds. He started as a church drummer and later rose to fame with hit songs like “Nwa Baby” and albums like “Uplifted.”
His unique style and connection to his roots have earned him a loyal fan base and a net worth of $10 million. Over the years, he has collaborated with top artists and performed on international stages. His music continues to inspire and celebrate African culture.
🚗 Car Collection
| Car Model | Brand | Estimated Price |
| Lexus LX 570 | Lexus | $100,000 |
| BMW X6 | BMW | $90,000 |
| Mercedes-Benz S-Class | Mercedes-Benz | $130,000 |
10: Phyno
- Net Worth: $ 10 million
- Instagram: @phynofino
- YouTube: Watch Here
- Spotify Playlist: Listen Here
- Wikipedia: Phyno Wiki
- Deezer: Listen Here
Phyno, whose real name is Chibuzor Nelson Azubuike, is a Nigerian rapper, singer, and producer from the East. He became famous in the early 2010s for rapping in Igbo and gained recognition with his hit song “Ghost Mode” from the album No Guts No Glory (2014).
As the founder of Penthauze record label, he has helped grow Nigerian hip-hop. His talent and smart business moves have made him one of the richest musicians in Nigeria.
🚗 Car Collection
| Car Model | Brand | Estimated Price |
| Bentley Continental GT | Bentley | $220,000 |
| Rolls-Royce Phantom | Rolls-Royce | $450,000 |
| Toyota Avalon | Toyota | $45,000 |
Potential Nigerian Artist to Enter the Richest List Soon
Here’s a table featuring some rising nigerian performer who might enter the list of the richest artists in the coming years:
| Artist | Net Worth Estimate (2025) | Genre | Notable Hits | Why They Might Make It |
| Rema | $10M+ | Afrobeats | “Calm Down”, “Dumebi” | Global recognition, international collaborations, massive streaming numbers. |
| Fireboy DML | $8M+ | Afrobeats & R&B | “Peru”, “Tattoo” | Successful album launches, growing fanbase in the U.S. and U.K. |
| Asake | $7M+ | Afrobeats & Amapiano | “Sungba”, “Terminator” | Unique sound, consistently topping Nigerian charts. |
| Zlatan Ibile | $6M+ | Afrobeat & Street-Hop | “Zanku”, “Lagos Anthem” | Founder of Zanku Records, popular dance trend creator. |
| Tems | $5M+ | R&B & Afrobeats | “Free Mind”, “Essence” | Grammy-winning artist, collaborations with international stars. |
Top Richest Musicians in Nigeria and Their Net Worth (According to Forbes)
Nigeria’s music industry has produced some of the most successful and wealthy musicians in Africa. According to Forbes, artists like Davido, Wizkid, and Burna Boy have dominated the scene, making millions from music sales, endorsements, and investments.
The list of the affluent musicians includes industry pioneers like 2Baba and Don Jazzy, who have shaped music production and built record labels in Nigeria. New-generation stars like Rema and Fireboy DML continue to prove that money from music is a reality for those who combine talent with smart business strategies
Conclusion
The Nigerian music industry is a powerhouse of talent, hard work, and global influence. Artists like Burna Boy, Wizkid, and Davido have built massive careers, combining music with smart business ventures. Industry legends like Don Jazzy and 2Baba continue to shape the scene, while stars like Tiwa Savage and Olamide show that innovation is key to lasting success with Afrobeats gaining global recognition, rising stars like Rema, Fireboy DML, and Tems are on the path to wealth and fame. As Nigerian artistry continues to grow, it will be exciting to see who rises to the top in the coming years.
FAQs
Who is the highest-paid musician in nigeria?
According to the list, Burna Boy is the highest-paid musician in Nigeria, with an estimated net worth of $65 million.
Who is the richest musician in africa?
The most successful singer in Africa in 2025 is Burna Boy, with a calculated fortune of $65 million.
What is Davido’s net worth?
Davido’s net worth is estimated at $35 million, making him one of the top affluent musicians in Nigeria.
Has a Nigerian musician ever won a Grammy?
Yes, Burna Boy became the first Nigerian artist to win a Grammy for his album Twice as Tall. Wizkid has also won a Grammy for his collaboration on Beyoncé’s Brown Skin Girl.
Which Nigerian musician is on the Forbes list?
Forbes has released several rankings of wealthy musicians, including Wizkid, Davido, Burna Boy, and Timaya, who have earned millions from music and endorsements.
Who is the second richest musician in nigeria?
Wizkid is currently the second richest musician in Nigeria with a net worth of $40 million.
How do Nigerian singers make money?
Their music earnings come from album sales, streaming, endorsements, concerts, and business ventures. Music awards and recognition also boost their commercial success.
What is the role of music producers in Nigeria’s industry?
Music producers like Don Jazzy who is considered a top producer, play a crucial role in shaping nigerian sound, he has mentored many Nigerian artists, helping them achieve success in music.
Who was the first Nigerian musician to gain global fame?
2Baba, formerly known as 2face Idibia, is recognized as the first Nigerian artist to achieve worldwide success with his hit song African Queen.
How has timaya influenced the Nigerian music industry?
Timaya is a popular Nigerian singer known for pioneering Afro-dancehall music. His music career began with Dem Mama, and he has been in the audio market for years, making him one of Nigeria’s influential musicians.
Which Nigerian artist has won the most music awards?
Wizkid has won multiple nigerian artistry awards, including the MTV Europe Music Awards, cementing his status as one of the most successful artists in Nigeria.
Who is among the richest musicians in nigeria?
The list of richest musicians in Nigeria includes Burna Boy, Wizkid, and Davido, who have dominated the Nigeria entertainment sector with massive earnings. These musicians have made millions through streaming, concerts, and endorsements.
Burna Boy is the highest-paid Nigerian songwriter, was even featured in Guinness Nigeria for his achievements. The list with a net worth breakdown shows that Burna Boy leads with $65 million, followed by Wizkid and Davido.
Which Nigerian superstar has the best music video?
Wizkid, a true Nigerian superstar, has produced some of the best music videos, such as Fever and Joro. His music journey started from music in high school, fueled by his love for music. Success comes from music, talent, and smart investments, making Wizkid one of the biggest names on the list of the top richest musicians in Nigeria.
