Top 10 Richest Nigerian Musicians in 2025: Net Worth, Luxury Assets, and Achievements

No doubt, Nigeria’s music industry has witnessed remarkable growth, with artists achieving significant financial success through music sales, endorsements, and international collaborations. 

As of 2025, here is an updated overview of the top 10 richest Nigerian musicians, their estimated net worths, and insights into their assets and achievements.

1. Burna Boy 

Net worth: $90 Million

Damini Ebunoluwa Ogulu, known professionally as Burna Boy, has ascended to the pinnacle of Nigeria’s music scene. His unique blend of Afrobeat, dancehall, reggae, and pop has garnered international acclaim, leading to sold-out concerts worldwide and lucrative endorsement deals. Burna Boy owns a multimillion-naira mansion in Lekki, Lagos, and boasts an impressive car collection, including a Rolls Royce Dawn, Ferrari 458 Italia, and a Mercedes-Benz G-Wagon.

2. Wizkid 

Net worth: $75 Million

Ayodeji Ibrahim Balogun, popularly known as Wizkid, has solidified his position as a global music icon. With numerous international collaborations and chart-topping hits, Wizkid’s influence spans continents. He owns properties in Surulere, Lagos, and Los Angeles, and his luxury car collection features a Porsche Panamera, Mercedes-Benz G63 AMG, and Lamborghini Urus.

3. Davido

Net worth: $70 Million

David Adedeji Adeleke, known as Davido, has consistently delivered hit songs that resonate both locally and internationally. Beyond music, he co-owns the HKN Music record label and has secured numerous endorsement deals. Davido’s real estate portfolio includes a mansion in Banana Island, Lagos, and another in Georgia, USA. His garage houses luxury vehicles such as a Rolls Royce Cullinan, Lamborghini Aventador, and Bentley Bentayga.

4. Don Jazzy 

Net worth: $55 Million

Michael Collins Ajereh, better known as Don Jazzy, is a renowned music producer and the CEO of Mavin Records. His keen business acumen and talent development have significantly contributed to his wealth. Don Jazzy’s car collection includes a Cadillac Escalade, Bentley Continental Flying Spur, and Lexus LX570.

5. Olamide 

Olamide: $45 Million

Olamide Adedeji, known simply as Olamide, has made a significant impact on Nigeria’s music industry with his unique style and entrepreneurial ventures. As the founder of YBNL Nation, he has nurtured numerous talents. Olamide owns properties in Lekki and Bariga, Lagos, and his car collection includes a Range Rover Sport, Mercedes-Benz G-Class, and Bentley Continental GT.

6. P-Square 

Net worth: $31 Million

The dynamic duo of Peter and Paul Okoye, collectively known as P-Square, have been a dominant force in African music. Despite a temporary split, their reunion has been met with enthusiasm. Their assets include luxurious homes and a fleet of high-end cars.

7. Mr. Eazi

Net worth: $30 Million

Oluwatosin Ajibade, known as Mr. Eazi, has carved a niche with his distinctive sound and entrepreneurial ventures. His international collaborations and business initiatives have significantly boosted his net worth.

8. Timaya 

Net worth: $30 Million

Inetimi Timaya Odon, known as Timaya, has enjoyed a successful music career with numerous hits. He owns a 250 million Naira mansion in Lekki and a collection of luxury cars, including a Porsche 911 Carrera, Mercedes-Benz G55 AMG, and Range Rover Sport.

9. Flavour

Net worth: $25 Million

Chinedu Okoli, known as Flavour, has gained acclaim for his unique blend of Afro-pop and highlife music. His assets include luxury vehicles such as a BMW X6, Lexus LX570, and Mercedes-Benz G-Wagon.

10. Phyno 

Net worth: $20 Million

Chibuzor Nelson Azubuike, known as Phyno, has made significant strides in the music industry with his unique style and successful albums. He owns properties in Lagos and Enugu, and his car collection includes a Bentley Continental GT and Rolls Royce Phantom.

These artists exemplify the success achievable in Nigeria’s vibrant music industry, combining talent, hard work, and strategic ventures to amass substantial wealth.