The Top 10 Richest Musicians in Nigeria 2025 Forbes List showcases Afrobeats stars dominating globally. From Wizkid’s $132 million to Yemi Alade’s $32 million, these artists have amassed wealth through music, endorsements, and business ventures. The Nigerian music industry has grown exponentially, producing international icons who create chart-topping hits and substantial fortunes.
The Forbes richest musicians Nigeria 2025 list highlights the financial success of these stars. In this article, we explore their net worths, ages, and biographies. Note: Net worths are estimates based on available data and may vary.
Who Made the Forbes Richest Musicians Nigeria 2025 List?
- Wizkid – $132 million
- Davido – $108 million
- Burna Boy – $95 million
- Don Jazzy – $90 million
- Tiwa Savage – $86 million
- Olamide – $70 million
- Rema – $55 million
- Phyno – $42 million
- Mr Eazi – $40 million
- Yemi Alade – $39 million
1. Wizkid – $132 million
- Net Worth: $132 million (2025)
- Age: 35
Ayodeji Ibrahim Balogun, known as Wizkid, leads the Top 10 Richest Musicians in Nigeria 2025 Forbes List with a net worth of over ₦200 billion. Dominant since 2010, Wizkid is Africa’s richest musician. His album Made in Lagos and collaborations with global stars have fueled his wealth.
Wizkid purchased two Banana Island homes for ₦2.4 billion in 2025 and owns exotic cars, including a McLaren 750s (₦1.7 billion), Ferrari 296 GTS, and Rolls-Royce Cullinan.
Wizkid own different exotics car collections like:
- McLaren 750s
- Ferrari 296 GTS
- Rolls-Royce Cullinan Black Badge
- 2019 Lamborghini Urus
- Mercedes Maybach GX600
- G-Wagon
- Porsche Panamera
- BMW X6 Crossover
2. Davido – $108 million
- Net Worth: $108 million (2025)
- Age: 33
Ranking second on the Forbes richest musicians Nigeria 2025 list, Davido’s ₦160 billion fortune comes from music, endorsements, and his DMW record label, earning over $2 million yearly. He owns a $5.5 million Banana Island mansion and a $12 million car collection, including a Rolls-Royce Spectre and Lamborghini Aventador.
- Rolls Royce Spectre
- Ferrari 458 Italia
- Mercedes-Benz
- Tesla Cybertruck
- Rolls Royce Cullinan,
- Maybach S680
- Lamborghini Aventador
- Bentley Bentayga
3. Burna Boy- $95 million
- Net Worth: $95 million (2025)
- Age: 34
Grammy winner Damini Ogulu, aka Burna Boy, holds a ₦140 billion net worth on the richest Nigerian musicians 2025 list. His international tours and endorsements boost his wealth. Burna owns a Lekki mansion and cars like four Ferraris and two Lamborghinis
- 4 Ferraris
- 2 Rolls Royces
- 2 Lamborghinis
4. Don Jazzy – $90 million
- Net Worth: $90 million (2025)
- Age: 43
Mavin Records founder Michael Collins Ajereh, Don Jazzy, has a ₦120 billion net worth. His wealth stems from music production, endorsements, and talents like Tiwa Savage and Rema. He owns mansions in Lekki, Banana Island, and Los Angeles, plus cars like a 2024 Rolls-Royce Phantom.
- 2024 Rolls-Royce Phantom
- 2024 Land Rover
- Range Rover Autobiography LWB
- 2024 Cadillac Escalade Luxury.
- Porsche 911 Carrera
- Bentley Continental
- Mercedes Benz E350
5.Tiwa Savage – $86 million
- Net Worth: $86 million (2025)
- Age: 45
Tiwa Savage, a Motown Records artist, has a ₦100 billion net worth. Her music, fashion line, and endorsements with Beyoncé and Sam Smith make her a top female artist on the Top 10 Richest Musicians in Nigeria 2025 Forbes List. She owns a ₦75 million Lekki mansion and a Rolls-Royce Phantom.
Tiwa savage owns a range of luxury cars ranging from
- Rolls Royce Phantom
- Bentley Bentayga
- Luxury Mercedes Sprinter
- Range Rover Vogue
6. Olamide – $70 million
- Net Worth: $70 million (2025)
- Age: 36
Olamide Adedeji, founder of YBNL Nation, has a ₦90 billion net worth. His Yoruba and English hits and label stars like Fireboy DML elevate his rank among Nigeria’s wealthiest musicians 2025. He owns mansions in Lekki and Bariga and a Rolls-Royce Phantom.
Olamide owns two mansions in Lekki and Bariga, Lagos. His garage contains vehicles like:
- Rolls-Royce Phantom
- Mercedes-Benz G-Wagon
- Range Rover Sports V8
7. Rema – $55 million
- Net Worth: $55 million (2025)
- Age: 25
Mavin Records’ Rema, with a ₦75 billion net worth, is Nigeria’s youngest star on the richest Nigerian musicians 2025 list. His unique sound and Coca-Cola deal drive his wealth.
8. Phyno – $42 million
- Net Worth: $42 million (2025)
- Age: 38
Rapper Phyno’s ₦40 billion net worth comes from hits like “Fada Fada” and endorsements. His Chevy View Estate duplex and Enugu mansion, plus cars like a Rolls-Royce Phantom, reflect his wealth.
- Bentley GT Coupe
- Rolls-Royce Phantom
- Lamborghini Gallardo Spyder
- Polaris Slingshot
9. Mr Eazi – $40 million
- Net Worth: $40 million (2025)
- Age: 33
Mr Eazi, pioneer of Banku Music, has a ₦35 billion net worth. His emPawa Africa program and global collaborations boost his rank on the Forbes richest musicians Nigeria 2025 list. He owns a Benin City mansion.
Rema’s car collection includes luxury vehicles such as a
- Lamborghini Urus
- Mercedes-Benz G63
- Rolls-Royce Cullinan
10 . Yemi Alade – $32 million
- Net Worth: $32 million (2025)
- Age: 36
Yemi Alade, the “Queen of Afrobeats,” has a ₦30 billion net worth. Her hit “Johnny” and tours make her a top female artist on the Top 10 Richest Musicians in Nigeria 2025 Forbes List. She owns a Lagos house and a Lamborghini Huracan.
- Lexus GX 460
- Lamborghini Huracan
- Mercedes Benz G Wagon
- Toyota Prado SUV
- Toyota Tundra Truck.
FAQs About the Richest Musicians in Nigeria
As of March 2025, Wizkid is the richest musician in Nigeria with a net worth of $132 million, according to Forbes.
Musicians in Nigeria earn revenue from music sales, streaming, global tours, endorsements, and business ventures.
As of 2025, the youngest richest musician in Nigeria is Rema with a net worth of $55 million at age 25.
Burna Boy and Wizkid are among the biggest and the most internationally recognized Nigerian musicians, with both artists winning Grammy Awards.
Tiwa Savage and Yemi Alade are also the top 10 richest musicians in Nigeria in 2025.
