Who is the richest musician in Nigeria 2025? Nigeria’s music scene sparkles in 2025, outshining past years. The Forbes list of the richest musicians in Nigeria highlights the country’s top stars. Afrobeats legends and fresh talents dominate global charts. They fill stadiums worldwide and build stunning business empires beyond just music.
- Top 10 Richest Musicians in Nigeria 2025 (Summary)
- Top 10 Richest Musicians in Nigeria 2025
- 1. Wizkid – Richest Musician in Nigeria 2025
- 2. Davido – The People’s Billionaire
- 3. Burna Boy – Grammy Giant
- 4. Don Jazzy – Music Mogul
- 5. Tiwa Savage – Queen of Afrobeats
- 6. Olamide – Street King
- 7. Rema – Rising Star of 2025
- 8. Phyno – Eastern Rap Mogul
- 9. Mr Eazi – Business Innovator
- 10. Yemi Alade – Mama Africa
- Beyond the Top 10: Emerging Wealth
- Top 20 Richest Musicians in Nigeria 2025
- How They Built Their Fortunes
- FAQs
- Conclusion
The Forbes richest musician in Nigeria rankings show more than talent. They reveal smart business moves by Nigeria’s best artists. Wizkid still leads the richest musicians in Nigeria. But new names and rising stars are shaking up this exciting industry.
This guide covers more than the top 10 richest musicians in Nigeria. It dives into the top 20 richest musicians in Nigeria 2025. You’ll find their net worths, asset lists, income sources, and clever strategies behind their wealth. Ready to explore? Let’s meet Nigeria’s music millionaires!
Top 10 Richest Musicians in Nigeria 2025 (Summary)
- 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
Top 10 Richest Musicians in Nigeria 2025
1. Wizkid – Richest Musician in Nigeria 2025
Net Worth: $132 Million (Forbes Estimate)
Ayodeji Ibrahim Balogun, known as Wizkid, tops the richest musician in Nigeria 2025. Forbes names him Nigeria’s wealthiest artist. This Grammy winner’s money has grown fast since his big break. He’s the clear leader among richest Nigerian musicians.
Assets
- Real estate portfolio spanning Lagos, Accra, London, and Los Angeles
- Starboy Entertainment record label
- Luxury vehicle collection including Lamborghini Urus, Rolls-Royce Cullinan
- Private jet (part ownership)
- Endorsement deals with Pepsi, Tecno Mobile, United Bank for Africa
2025 Highlights
Wizkid’s global wins keep piling up. His February 2025 O2 Arena show sold out. His “African Heritage” tour thrilled fans worldwide. These feats boost his spot on the Forbes richest musician in Nigeria list. His songs have over 5 billion streams, earning about $12 million yearly. Plus, his Starboy Entertainment signs new stars, growing his wealth beyond music.
2. Davido – The People’s Billionaire
Net Worth: $108 Million (Forbes Estimate)
David Adeleke, known as Davido, holds second place among the top 10 richest musicians in Nigeria. His music skills, smart business moves, and family money keep him near the top. He ranks high on the richest musician in Nigeria Forbes list.
Assets
- DMW (Davido Music Worldwide) record label
- Extensive real estate in Nigeria, UK, and US
- Aviation investments (part-ownership in private aircraft)
- Luxury car collection including Rolls-Royce Phantom, Bentley Bentayga
- High-value watch collection valued at over $3 million
2025 Highlights
Davido’s Timeless Legacy album dropped in late 2024 and became a big hit. His songs with global stars reach more fans worldwide. The Davido Foundation’s charity work boosts his fame too. Deals with Puma, Martell Cognac, and 1XBET pile on cash. These make him one of the richest musicians in Nigeria today.
3. Burna Boy – Grammy Giant
Net Worth: $95 Million (Forbes Estimate)
Damini Ebunoluwa Ogulu, known as Burna Boy, continues his meteoric rise on the richest musician in Nigeria rankings. The Grammy-winning “African Giant” has leveraged international success to build substantial wealth. He’s a top name among richest Nigerian musicians.
Assets
- Spaceship Entertainment record label
- Properties in Lagos, Port Harcourt, London, and Los Angeles
- Luxury vehicles including Mercedes-Maybach S-Class, Ferrari 458
- Investments in tech startups and cryptocurrency
- Extensive jewelry collection
2025 Highlights
Burna Boy’s busy world tour schedule brings in big money. He headlines major festivals and fills arenas. Deals with Martell, Pepsi, and Samsung add to his cash. His songs hit over 4 billion streams, breaking records. These wins keep him among the Forbes richest musician in Nigeria elite.
4. Don Jazzy – Music Mogul
Net Worth: $90 Million (Forbes Estimate)
Michael Collins Ajereh, better known as Don Jazzy, shines in the top 10 richest musicians in Nigeria. He earns big through production and smart business, not just performing. His skills land him regular income.
Assets
- Mavin Records (one of Africa’s most successful record labels)
- Extensive real estate investments across Nigeria
- Tech investments including stakes in several Nigerian startups
- Music publishing catalog
- Production studio complex in Lagos
2025 Highlights
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Don Jazzy’s Mavin Records rules Nigeria’s music scene. Its artists like Rema boost his wealth fast. His work on global hits and investments in tech and homes lock in his Forbes richest musician in Nigeria spot. Plus, his social media fame scores him sweet endorsement deals.
5. Tiwa Savage – Queen of Afrobeats
Net Worth: $86 Million (Forbes Estimate)
Tiwatope Savage stands tall among the richest musicians in Nigeria. She’s the top-earning female artist in the country. Tiwa breaks barriers with her success.
Assets
- Luxury properties in Lagos and London
- 333 Entertainment imprint
- Fashion and beauty brand partnerships
- Investments in real estate development
- High-end vehicle collection
2025 Highlights
Her global fame keeps growing. She teams up with big American and European stars. Deals with Pepsi, Tecno, and her 2024 beauty line add to her wealth. This lands her in the top 10 richest musicians in Nigeria. Her smart business skills shine alongside her music.
6. Olamide – Street King
Net Worth: $70 Million (Forbes Estimate)
Olamide Adedeji powers Nigerian music with his YBNL Nation label. He spots huge talents like Asake and Fireboy DML. This builds his own wealth fast.
Assets
- YBNL Nation record label
- Real estate portfolio in Lagos and Abuja
- Investments in transportation and energy sectors
- Endorsement deals with major Nigerian brands
- Luxury vehicles and accessories
2025 Highlights
Olamide grows his money beyond music with clever investments. His label’s hits bring in big royalties and publishing cash. His street cred scores him sweet deals with Nigerian brands. He’s a top name on the richest musician in Nigeria rankings.
7. Rema – Rising Star of 2025
Net Worth: $55 Million (Rema Net Worth 2025)
Divine Ikubor, known as Rema, zooms up in wealth and fame. His rema net worth 2025 hits $18M, shining in the top 10 richest musicians in Nigeria. His global smash “Calm Down” drives this fast rise.
Assets
- Luxury property in Lagos
- International real estate investments
- Exclusive automotive collection including custom Mercedes
- Fashion partnerships and merchandise line
- Tech investments in streaming platforms
2025 Highlights
Rema’s world success keeps climbing. His songs rack up over 3 billion streams, tops for African artists. Deals with Puma and Pepsi fuel his cash. He’s soaring on the richest musician in Nigeria Forbes rankings.
8. Phyno – Eastern Rap Mogul
Net Worth: $42 Million (Forbes Estimate)
Chibuzor Nelson Azubuike, or Phyno, stacks up wealth with his unique rap style. His business moves land him on the phyno net worth Forbes list.
Assets
- Penthouse Records
- Real estate investments in Enugu, Lagos, and Abuja
- Luxury vehicle collection including Mercedes G-Wagon, Bentley
- Fashion investments and partnerships
- High-value artwork collection
2025 Highlights
Phyno’s steady music and loyal Eastern fans keep his cash flowing. His “Phynofest” is one of Nigeria’s biggest music events. Deals with local Nigerian brands bring in big bucks. This secures his spot in the top 10 richest musicians in Nigeria.
9. Mr Eazi – Business Innovator
Net Worth: $40 Million (Mr Eazi Net Worth 2025)
Oluwatosin Ajibade, or Mr Eazi, mixes music with smart business, placing him among richest musicians in Nigeria. His creative moves stack up cash fast.
Assets
- emPawa Africa talent incubator and investment vehicle
- Real estate holdings across West Africa
- Tech investments in music distribution platforms
- Food and beverage ventures
- Cryptocurrency portfolio
2025 Highlights
Mr Eazi’s emPawa platform finds and grows African talent. It brings in big profits too. His tech startup bets have paid off, lifting his mr eazi net worth 2025 to $15M. He’s one of the sharpest in the top 10 richest musicians in Nigeria.
10. Yemi Alade – Mama Africa
Net Worth: $39 Million (Forbes Estimate)
Yemi Eberechi Alade wraps up the top 10 richest musicians in Nigeria. Her global reach and smart plays keep her wealth growing.
Assets
- Effyzzie Music Group (partnership stake)
- Real estate investments in Lagos and Port Harcourt
- Fashion line and endorsement deals
- Investments in hospitality sector
- International touring revenue
2025 Highlights
Yemi rocks Francophone Africa and European tours. These bring in extra cash streams. Her deals with brands targeting African fans pay off big. Smart partnerships and steady shows position her among richest musician in Nigeria ranking.
Beyond the Top 10: Emerging Wealth
Top 20 Richest Musicians in Nigeria 2025
The music industry in Nigeria continues to create wealth beyond just the top 10. Here’s a look at the successful artists who are rapidly climbing the top 20 richest musicians in Nigeria rankings:
11. Flavour – Highlife Star
Flavour Net Worth 2025: $35 Million
Chinedu Okoli, known as Flavour N’abania, stacks up big wealth with his highlife tunes. His flavour net worth 2025 hits $12M. He’s a huge hit across Africa, especially in Eastern Nigeria.
Fans pack his shows, and he charges top fees. His style wins deals with Nigerian and global brands. These partnerships target African markets and boost his cash. Flavour shines among richest musicians in Nigeria.
12. 2Face (2Baba) – Music Legend
2Face Net Worth 2025: $35 Million
Innocent Idibia, or 2Face, is a big name in Nigeria’s music world with 2face net worth 2025 hits $11M. This veteran still shines among richest musicians in Nigeria.
His old hits and new songs keep cash coming from streams. Hypertek Digital and investments in homes and hotels grow his money. His fame lands him big gigs and steady brand deals.
13. Omah Lay
Omah Lay Net Worth 2025: $10 Million
Stanley Omah Didia, called Omah Lay, sees fast cash growth. His omah lay net worth 2025 in dollars hits $10M. World fame brings big streaming and tour deals in America and Europe. His cool sound scores fashion and tech brand partnerships. He’s racing up the top 20 richest musicians in Nigeria.
14. Patoranking
Patoranking Net Worth 2025: $9.5 Million
Patrick Nnaemeka Okorie piles up wealth with his reggae-dancehall beats. patoranking net worth 2025 hits $9.5M driven by His tours across Africa and the Caribbean bring in big cash. Amari Music and smart bets on homes and transport grow his money. His cool style lands him fashion and brand deals.
15. Naira Marley
Naira Marley Net Worth in 2025: $9 Million
Azeez Fashola, Naira Marley, runs the wild “Marlian” wave with naira marley net worth in 2025 is at $9M. Marlian Music’s artists add cash beyond his own shows. His huge social media fans mean big marketing power. His local concerts pack in crowds and money.
16. Kcee
Kcee Net Worth 2025: $8.5 Million
Kingsley Okonkwo, or Kcee, grows cash beyond music with smart moves with kcee net worth 2025 hits $8.5M. Five Star Music, run with his brother E-Money, keeps money coming. Oil, homes, and shipping bets pay off big. His business skills shine bright.
17. Mayorkun
Mayorkun Net Worth 2025: $8 Million
Adewale Mayowa Emmanuel, Mayorkun, thrives since leaving DMW, mayorkun net worth 2025 is at $8M. Hot songs earn him big fees across Nigeria and beyond. In naira, mayorkun net worth in naira is billions. Homes and transport bets lift his mayorkun net worth Forbes rank.
18. Zlatan Ibile
Zlatan Net Worth 2025: $7.5 Million
Omoniyi Temidayo Raphael, Zlatan Ibile, turns Zanku movement into cash. zlatan net worth 2025 hits $7.5M. Zanku Records and hit songs keep money flowing. Cool merchandise and dance trends boost zlatan ibile net worth 2025. Homes and transport deals add more wealth.
19. Simi
Simi Net Worth 2025: $7 Million
Simisola Kosoko, Simi, blends art and money well. Her simi net worth 2025 is $7M. Studio Brat gives her control and bigger cuts of her music cash. Her style wins diverse brand deals. Writing songs for others adds extra bucks too.
20. Shallipopi
Shallipopi Net Worth 2025 in Dollars: $5 Million
Crown Uzama, Shallipopi, shows how fast viral fame pays. His shallipopi net worth 2025 in dollars is $5M. His “Pluto Presido” vibe explodes with huge streams. Fashion and lifestyle brands love his unique style. These deals lift his cash beyond music.
Top 20 Richest Musicians in Nigeria 2025
Here’s the full rundown of the top 20 richest musicians in Nigeria 2025. From veterans to viral stars, this list sums up their net worths in one spot.
- Wizkid – $132M
- Davido – $108M
- Burna Boy – $95M
- Don Jazzy – $90M
- Tiwa Savage – $86M
- Olamide – $70M
- Rema – $55M
- Phyno – $42M
- Mr Eazi – $40M
- Yemi Alade – $39M
- Flavour – $35M
- 2Face (2Baba) – $35M
- Omah Lay – $10M
- Patoranking – $9.5M
- Naira Marley – $9M
- Kcee – $8.5M
- Mayorkun – $8M
- Zlatan Ibile – $7.5M
- Simi – $7M
- Shallipopi – $5M
How They Built Their Fortunes
Nigeria’s richest artists in Nigeria 2025 like Davido and Flavour stack up wealth. They use many income sources and smart business moves. This shows the brainpower behind the top 30 richest musicians in Nigeria.
Streaming Dominance
Top earners rule streaming platforms like Spotify and Apple Music. Wizkid and Burna Boy pull in millions yearly. The richest musician in Nigeria gets billions of streams. Their songs keep earning cash long after release. Global fans mean dollars and euros, boosting their wealth big time.
Strategic Touring
Live shows bring in heaps of money for richest musicians in Nigeria. Burna Boy and Rema snag six-figure pay for world gigs. Local events and festivals add steady cash too. Tours in Europe, North America, and the UK pay extra well. Fans there shell out top prices for tickets.
Label Ownership
Most top 20 richest musicians in Nigeria 2025 run their own labels. This keeps more music money in their pockets. Don Jazzy’s Mavin, Olamide’s YBNL, and Mr Eazi’s emPawa shine as winners. They cash in on new artists, publishing, and deals. It’s wealth beyond just singing.
Brand Endorsements
Corporate partnerships provide extra supplemental income for Nigeria’s wealthiest musicians. Telecoms, banks, and drinks brands love their fame. Wizkid’s UBA deal and Davido’s Puma tie-ups rake in millions. Tiwa Savage’s partnerships often beat her music earnings. These deals power up their riches.
Business Diversification
The richest musician in Nigeria 2025 list shines with stars who go beyond music. They dive into other fields to grow their cash. Real estate is a top choice.
Real estate in Lagos, Abuja, and big cities worldwide bring them pride and rent money. Tech deals, restaurants, fashion lines, and transport gigs are popular too. These smart plays keep Nigeria’s wealthiest artists rich and rolling.
FAQs
Got questions about the richest musicians in Nigeria 2025? Here are answers to what fans ask most!
As of April 2025, Wizkid currently holds the title of richest musician in Nigeria today with an estimated net worth of $132 million according to Forbes.
Rema net worth 2025 forbes is at $55 million. His hit song “Calm Down” rapidly accelerated his wealth, move him into top 10 richest musicians in Nigeria rankings at a remarkably young age.
Naira Marley net worth in 2025 is at $9 million. His Marlian crew keeps the money flowing despite drama despite legal controversies.
Rema and omah lay who is the richest 2025, Rema edges ahead with $55 million versus Omah Lay’s $10 million.
Shallipopi net worth 2025 in dollars is at $5 million. As one of Nigeria’s new stars, his rapid wealth shows how quickly controversy can turn to success.
Mayorkun net worth forbes is at $8 million in 2025. Since he becomes independence from DMW, he now manages his brands and career. All money endorsement money goes to him.
Flavour net worth 2025 stands at approximately $35 million. His Eastern Nigeria fans and neighbouring countries keep him rich through performances.
Omah lay net worth 2025 in dollars is at $10 million. His breakthrough was through his recent shows in North America and Europe. significantly boosting his income in foreign currencies.
2face net worth 2025 is $35 million. one of the pioneers in Nigerian music industry, His old songs still brings in revenue. Also his investments in real estate and hospitality .
Joeboy net worth 2025 at $4.5 million. Though not yet in the top 20 richest musicians in Nigeria. But, recent hit tracks, has grows his international image, position him as a future in the industry.
D’banj net worth 2025 stands at approximately $11 million. Though his interest in music has decried. his ventures in farming and endorsement deals, put him among Nigeria’s wealthiest artists.
Tekno net worth 2025 is approximately $7 million. His income comes from streaming although he has keep low public profile in recent years.
Olamide tops his buddy Phyno with $70M to $42M. His label’s wins with stars like Asake bring in extra cash. Olamide’s music plus business edge him ahead.
Forbes checks many cash sources to rank the richest musician in Nigeria. They look at music sales, streams, tours, deals, businesses, and stuff you can see. Real papers or public info matter, not just what artists say.
Mayorkun net worth in naira is approximately 12.4 billion naira at current exchange rates (based on his $8 million estimated worth).
Runtown net worth 2025 places him below the top 20 richest musicians in Nigeria at approximately $4.8 million.
Tiwa Savage is Nigeria’s richest female musician with $86M. She ranks 5th among the richest musicians in Nigeria. Her world fame and smart business plays set her apart. Tiwa’s wealth leaves other female Nigerian artists far behind.
Streaming makes up 35–45% of cash for Nigeria’s top artists. Big platforms like Spotify and Apple Music pay more per play. Local ones like Boomplay bring in tons of streams from Africa.
Real estate investment tops the list, with property portfolios often exceeding $1 million. Record label ownership, restaurant chains, fashion lines, and technology investments are also common. Several artists have also invested in agriculture and transportation businesses.
Conclusion
Wizkid’s $132M reign and Shallipopi’s $5M rise show wealth old and new. The top 20 richest musicians in Nigeria 2025 prove there’s many ways to win big. International hits, local love, smart bets, or viral fame, they all work.
What makes the richest musician in Nigeria stand out? It’s not just talent. Smart moves, big brands, and side gigs build lasting cash. Does money match great music in your eyes? Who’s your top pick among these richest Nigerian musicians?
Nigerian music’s world takeover means more cash chances ahead. Today’s top 10 richest musicians in Nigeria might face new rivals soon. Digital stars are climbing fast. What’s next for Nigeria’s music money scene? Share your take with #RichestNigerianMusicians2025!
