Top 10 Richest Musicians In Nigeria

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Who are the richest musicians in Nigeria? This is a question that many people have been asking. There are many factors to consider when answering this, such as: how long they’ve been performing, what genres of music they perform, and whether or not they own their own music label. In this blog post, we will explore the top 10 richest musicians in Nigeria!

The Nigerian music industry is a large one. It has produced many talented musicians that have gone on to become international stars, such as Fela Kuti, King Sunny Adé, and Yemi Alade. With so much talent in the country, it’s no surprise that Nigeria boasts 10 of the richest musicians in Africa! Read more about these top earners below:


Top 10 Richest Musicians In Nigeria 2021 Updated List & Net Worths


1. Wizkid – Net worth of ($20 Million)

Wizkid is one of the richest musicians in Nigeria. His net worth is estimated at $20 Million. This young artist has been performing for a long time, and he’s become well-known all over Africa due to his hit song “Ojuelegba”. He also boasts a lot of social media attention with more than 13 million followers on Twitter!

Wizkid is the number 1 in our list of the top 10 richest musicians & artists in Nigeria and he has a total of 18 endorsement deals with MTN, GLO (which paid him N120 million to become its ambassador), Pepsi, Guinness which brought more money on his table but most recently United Bank for Africa (UBA) as their brand ambassador after confirming that mega-deal signing

Wizkid’s career in the music Industry kick-started when he met OJB Jezreel during his struggling days. The two became musical collaborators and Wizkid soon joined Empire Mates Entertainment (E.M.E) in 2009, where a whirlwind of success awaited him on all fronts: as an artist, producer for other artists under EME Records label, performing with Drake in front of thousands during concert tour…


Wizkid’s car collections and houses

Wizkid has a ₦13 million mansion in Surulere, Lagos, and another one in Los Angeles. Wizkid’s car collection includes:

  1. Lamborghini Urus (₦80 million)
  2. Porsche Panamera (~₦50.8 million)
  3. Used Mercedes Benz G63 AMG (₦55 million – ₦65 million)
  4. BMW X6 crossover (₦8.7 million)



Top 10 richest musicians in Nigeria

2. Davido Biography and Networth { $19 Million }

Davido is a popular Nigerian artist. His debut album, Omo Baba Olowo, was released in 2011 and has gone on to sell more than 700 million copies worldwide! With so many albums sold, it’s no surprise that Davido makes this list of the top ten richest musicians in Nigeria with an estimated net worth of  $19 Million.

Davido is one of the best-selling music artists in Nigeria, Africa, and worldwide. He has four albums with over thirty-two songs to his name picking up a plethora of awards both on the domestic and international levels. The self-pronounced Omo Baba Olowo (OBO) got his song titled “Assurance” topping countless charts globally while he wouldn’t mind being added to Forbes list as top 20 richest people in the world; though it would be if not more than just making music isn’t?

He has been releasing singles for eight years now as he continued to work with other producers such as Jay Sleek, Spellz, Maleek Berry, and others who have helped make these songs popular worldwide including Sina Rambo Ice Prince Kay Switch B-Red 2 Face Naeto C among many others in collaboration

Davido’s car and mansion collection are so dazzling that it could make the most materialistic person envious. The owner of two mansions in Lekki, Lagos, a getaway mansion in Georgia, USA, and an impressive auto fleet with cars like Rolls Royce, Bentley, range rover, etc Davido has lived his Nigerian Dream to the fullest!

Download Davido Fall Mp3 which is one of his biggest Hit track released in 2017 and the first to hit 200M views on youtube in the whole history of Nigerian Music.

Davido’s cars and houses

  1. Rolls Royce Cullinan 2019 (~₦350 million)
  2. Bentley Bentayga (₦108 million)
  3. Bentley Continental GT (~₦95 million)
  4. Porsche Panamera Turbo S (~₦22.8 million)
  5. Range Rover Sports (₦84 million – ₦90 million)
  6. Range Rover SV Autobiography (₦98 million)
  7. Chevrolet Camaro GS (₦9.4 million)
  8. Audi R8 (₦23.4 million)
  9. Audi Q7 (₦12 million)
  10. Mercedes-AMG GLS63 (~₦45 million)
  11. Mercedes G-Wagon (~₦21 million)
  12. Toyota Land Cruiser (~₦30 million) several cars like a Porsche, Range Rover Sport, and Chevrolet Camaro


3. Don Jazzy – Net worth of $18.5 million

Don Jazzy is a record producer and CEO of Mavin Records. He has produced songs for big names in Nigerian music, such as Wizkid, D’banj, Tiwa Savage, Davido, and more! In 2014

Don Jazzy is the third most successful Nigerian music producer and entrepreneur. He was born on November 26th, 1982 in Umuahia, Abia State of Nigeria.

Don has been playing a part in the world’s musical landscape for nearly two decades by now; first as an artist before becoming one of Africa’s foremost producers when he founded Mavin Records which today is home to some of Africa’s top artists including Tiwa Savage and Dr. Sid, The Price among others.

His net worth stands at $18 million dollars (N3 billion), all from hard work that got him places locally and across international borders alike owing largely due to sound business relationships formed over time through diligence coupled with his philanthropic disposition.

Don Jazzy’s houses and cars

Don Jazzy has 3 mansions, one at Lekki, one in Banana Island, Lagos, and another at Los Angeles, USA. He also rides exotic cars, including:

  1. Porsche 911 Carrera (~₦42 million)
  2. Bentley Continental (~₦25 million)
  3. Cadillac Escalade (~₦27.2 million)
  4. Used Mercedes Benz E350 (~₦20 million)



4. Burna Boy – Net worth of $17 million

Burna Boy is a Nigerian singer, songwriter, rapper, and dancer who has been ranked as the fourth richest musician in Nigeria. Born to an indigene of Mbiama town from Rivers State before he relocated to Lagos where he currently resides in his home in the Ikoyi Island area.

Burna boy became a worldwide sensation in 2012 when he released his hit single ‘Like to Party’ from the L.I.F.E album, which was just recently debuted on August 13 by Aristokrat Records after five singles being released only months before its release date on the first day of sales that sold out immediately with 40,000 copies and marketing rights for 10 million Naira selling to Uba Pacific Entertainment Group without hesitation where Leriq produced it as well as other artists featured such 2face M I Reminisce Wizkid Timaya Olamide

Blessed with an incredible voice and a global following, Burna Boy is Nigeria’s most successful musician.

His music career has been nothing short of super-successful thanks to his charming personality and catchy tunes that have made him internationally popular in the Nigerian market as well as abroad.

After leaving Aristokrat Records in 2014, he established Spaceship Entertainment (SE), which quickly became one of Africa’s leading record labels for contemporary Afrobeats artists. In November 2015, SE released their artist’s sophomore album ʻOn A Spaceshipʼ on Spotify! The young star also works hard offstage to extend his reach globally by partnering up with high-profile brands including Globacom Mobile Services Limited; Mortell Cognac etc.

Burna Boy is one of the richest Musician in Nigeria as seen on InformationNGR and he has released a new hit single titled kilometre and is available for your download right here on our platform

Burna Boy’s cars and houses

Burna Boy is an exotic car lover. According to the award-winning musician, he bought his first car at the age of 17. It was a Range Rover.

  • Lexus
  • Bentley
  • Mercedes-Benz G Wagon.
  • 2013 Ferrari 458 Italia
  • Rolls Royce Down Convertible



5. 2Baba (2Face) – Net Worth of $16 million

2Face was born on the 18th of September 1975 in Jos. His real name is Innocent Ujah Idibia, but he’s better known as 2face because his voice has a very distinctive tone; it creates an interesting and intriguing sound that you’ll want to listen to over and over again! He’s from Benue State (not far away!) although he grew up in Plateau state which is where his talents were first noticed by some people who saw the potential for greatness inside those walls. He’s now the 5th richest Musician in Nigeria with 16 million dollars worth of net-worths earned- not too shabby at all! It hasn’t been easy though – after Plantashun Boiz disbanded, 2Baba went solo & found more success than before.

He’s had several successful albums and singles that have been critically acclaimed by music lovers all over the world, but his most popular single is “African Queen” which was released in 2004 & has seen a resurgence of popularity

From the release of his first album with Kennis Music in 2004, 2face has never looked back. His music was popular and he won several awards including Headies, MTV Music Awards, BET Award – pieces of evidence that this man is destined for greatness.

Tuface’s luxurious apartment and cars

Tuface has accumulated a lot of luxury, ranging from cars to mansions. He likes his privacy and doesn’t want people prying into how he’s living life so, in order for him not to be bothered by fans or the like, Tuface stays cooped up inside these places outfitted with relaxation lounges at Lagos Island Festac Ikeja and pricey US apartment

  • Chevrolet Corvette Coupe (~₦45million)
  • Ferrari Coupe (₦57 million – ₦80 million)
  • Used Toyota Land Cruiser Prado (₦30 million – ₦52 million)
Top 10 Richest Musicians In Nigeria

6. Olamide – Net Worth of $12 million

Olamide Adedeji is in no doubt among the top 10 richest musicians in Nigeria, who went by his first name Olamide on stage but is also called Baddo due to the nature of street music he sings in, was born March 15th, 1989. He grew up in Bariga Lagos State and at a young age became well known for singing mostly about life as a Nigerian man with good intentions. His net worth today has been estimated at $12 million which makes him the 6th richest musician from Nigeria making him an icon among Nigerians all over the world.

Olamide’s journey into the music world commenced with his debut album, Rapsodi. This was followed by a number of hit singles on YBNL that built him an ever-growing fan base in no time at all. Today, Olamide has seven studio albums to his name and is said to be worth $12 million

Olamide’s houses and cars

Olamide net worth today has been estimated at $12 million which makes him the 6th richest musician from Nigeria with exotic 2 mansions in Lekki and Bariga, Lagos, and a flashy garage with pricey cars including:

  • Mercedes-Benz G Wagon (~₦23 million)
  • Range Rover Sports V8 (₦84 million – ₦90 million)
  • Used Rolls-Royce Phantom (~₦204 million)

7. Phyno – Net Worth of $11 million

Phyno was born in Nigeria on October 9th, 1986. He reportedly coined his stage name Phyno from the word “Phenomenal,” highlighting his own taste and music brand. His net worth is estimated to be $12 million – making him one of the richest musicians in Africa at 7th place. Though he has a degree that would indicate he should have been an academician rather than a musician (Public Admin), here we see how successful this man can be when it comes to what really matters-music!

Phyno, the Nigerian artist born in Anambra State and raised in Enugu state has accomplished much as a producer. At one point in his career, he wanted to be either an airline pilot or doctor but changed his mind to become a singer instead.

He studied drums at a tender age while simultaneously playing piano for fun which led him towards music production when it became apparent that there were not many producers around during this time period with so few opportunities available before social media platforms had taken off like they do today.

The musician started out singing through 2003-2008 producing songs such as “Ego” by Flavour N’abania and Timaya, Mr. Raw, etc. With all been said Phyno happens to make his way among the list of the top 10 richest musicians in Nigeria

Phyno’s Cars and Houses

With an impressive net worth of $11 million, rapper Phyno is one of Nigeria’s most successful music artists. His successes have afforded him the opportunity to buy a lavish 3 bedroom duplex in Chevy View Estate and another mansion at Enugu State.

  • Rolls-Royce Phantom (~₦204m)
  • Lamborghini Gallardo Spyder (₦74.6 million – ₦117.9 million)
  • Polaris Slingshot (~₦7.3 million)
  • Bentley GT Coupe (~₦72.7 million)
  • Range Rover Sports (₦84 million – ₦90 million)
  • Toyota Avalon (~₦11 million)


8.Timaya – Net Worth of $10.5 million

Timaya’s net worth is estimated to be $12 million – making him among the top 10 richest musicians in Nigeria ranking 8th richest musician in Nigeria.

Timaya was born on the 15th of August, 1980. His official name is Initime Alfred Odom. He started a music group called Dem Mama Soldiers which he used as a platform to set off on his musical career and even became back up singer for some musicians before going solo with K Solo’s help; making him one of the richest musician in Nigeria whose net worth is estimated at around $12 million dollars – placing him 8th out 10 rich Nigerian muso’s!

His music career began when his first song was released in 2005. Titled “True Story,” after the release of subsequent songs such as “Gift and Grace” (2008) and De Rebirth, Timaya rose to international recognition with 2008’s third album ‘Rebirth’. The artist now owns DM Records which he signed King Perry before grooming Runtown, Patoranking.

Nigeria’s most celebrated singer has a mansion worth ₦250 million at Lekki, Lagos State. Timaya owns 3 Mercedes G-Wagon cars in different colors and other expensive rides to maintain his enviable lifestyle

  • Porsche 911 Carrera (~₦42 million)
  • 2 Range Rover Sports (₦84 million – ₦90 million)
  • Mercedes-Benz G55 AMG (₦60 million – ₦85 million)
  • Mercedes-Benz GLE (₦20 million – ₦22 million)
  • Bentley Continental GT (~₦76 million)
  • Lexus LX570 2015 (₦29,000,000 – ₦39,000,000)
  • Used Lexus GX 460 (₦25 million – ₦42 million)


9.Psquare (Mr. P & Rude Boy) – Net Worth of $10 million each

Peter and Paul Okoye were born in 1981, they both had the same opportunity to grow up into accomplished music artists. They started off singing together but due to a misunderstanding, went their separate ways with each of them going solo. At first, it was just one side who thrived while the other failed miserably until now where we see that both are doing well on their own (Peter using Mr. P as his stage name).

One thing these twins have made clear is how much talent runs in bloodlines because despite being separated early on when musical partners often spend years getting close before any form of disagreement arises between them; they still managed an impressive career which continues today for many more years ahead!


Mr. P’s Cars and Mansion

Mr. P has two mansions on opposite sides of the world, one in Lagos and one in Atlanta. He is also a car collector with some exquisite cars that are comparable to any celebrity’s collection!

  • 2 Range Rovers (₦50 million – ₦82 million)
  • BMW X6 (₦23.5 million – ₦28 million)
  • Dodge Challenger (₦10.8 million – ₦22 million)
  • Porsche 718 Cayman (~ ₦22 million)
  • Mercedes AMG GL63 (~₦45 million)
  • Bentley Mulsanne (~₦125 million)
  • Jeep Wrangler (~ ₦12.6 million)

Rudeboy Cars and Mansion

  • Rolls Royce Ghost (₦191 million – ₦247 million)
  • Land Rover Range Rover (₦50 million – ₦82 million)
  • Lamborghini Gallardo (₦74.6 million – ₦117.9 million)


10. Flavour – Net Worth of $9.5 million

Flavour’s life story is an inspiring one. Starting at age 13, he drummed for the church choir and quickly found himself in demand as a musician. His net worth of $12 million proves that Flavour has paid his dues to get where he is today – 10th on Top 10 Richest Musicians In Nigeria

Chinedu Okoli, popularly known as Flavour, was born on the 23rd of November 1983 in Enugu State. He is from Orumba South Local Government Area in Umunze, Anambra state.

Flavour’s Cars

Lexus LX 570

Black Mercedes Benz G-wagon (40 million)

Land Rover (N25 million)

BMW X6 (18 million)


Frequently Asked Questions By Users On The Top 10 Richest Musicians In Nigeria 2021


Who is The Richest Musicians in Nigeria?

There are many rich musicians in Nigeria, but who is the richest? It seems that at one point or another, everyone has asked themselves this question. The truth may be surprising to some of you while others will only see it as a matter-of-fact answer. This list contains nothing but Nigerian Musicians from 2008 and on with their net worths estimated by Forbes Magazine’s annual listing of billionaires:

  1. Wizkid  ($20 Million)
  2. Davido  ( $19 Million )
  3. Don Jazzy  ( $18.5 Million)
  4. Burna Boy  ( $17 Million )
  5. 2Baba (2face)  ($16 Million )
  6. Olamide  ( $12 Million )
  7. Phyno  ( $11 Million )
  8. Timaya  ( $10.5 Million )
  9. Psqaure  (Mr. P & Rude Boy) ($10 Million
  10. Flavour  ( $9.5 Million )


Who Is the richest between Wizkid and Davido?

The Nigerian artist Davido is the richest among two of Nigeria’s most successful and legendary stars. His estimated net worth $70 million, Wizkid has a total net worth of $63 million – who do you think will win this battle?

Meanwhile, It’s hard to say who is the richest artist between Wizkid and Davido since they both have such a high net worth.

However, it can be said that while one-star may make more than his counterpart in some areas of their lives like music or fashion, another might come out on top when you compare all aspects including business ventures which brings us back to square one as there really isn’t an answer for this question because these two stars are not just millionaires but billionaires!


Did Davido own a private jet?

Davido has been in the news recently for owning a private jet airplane. The young star is now one of only three other Nigerians who have dared to purchase this type of aircraft and make it public knowledge, which reflects how affluent his lifestyle must be by extension. This story was first published in May 2018 when Davido’s name began circulating around social media as being the youngest person with their own personal plane at just 26 years old.

This privately-owned Bombardier Challenger 605 cost him $27 million (N9,727,599,015) but requires constant upkeep costs from between $700k -$4m per year depending on maintenance needs after every 500 hours or so spent flying time through its lifetime estimated


Did Wizkid win a Grammy Award?

Wizkid was nominated twice through the 62nd and 63rd Grammy Awards. Lucky, Wizkid won the best music video with the influence of popular American singer Beyonce at the 2020 Grammy award. Hence Wizkid is a satisfied Grammy Award Winner.

Who has won Grammy Award in Nigeria?

The 63rd Annual Grammy Awards, which took place in Los Angeles on March 14th was memorable for Africa as the Nigerian music sensation Burna Boy bagged a Grammy. This is the first time that Nigeria has seen one of our own win this award and we’re proud to have such a humble artist representing us worldwide!

Who is the best musician in Nigeria?

Wizkid has been crowned as the number one Nigeria’s most talented musician of 2021, and for a good reason. With 36 awards in his career so far Wizkid is proving to be unstoppable with four studio albums including Superstar under his belt.

Does Wizkid have a private jet?

Wizkid has no private jet. bur a symbol of his success, and Wizkid appreciates the hard work it took him to get there.


How much is a Grammy Award worth?

According to Harper’s Bazaar reports, The 2018 Grammy gift bag had an estimated total value of $30,000. This is the most expensive one yet!



With this list, you can determine who the top 10 richest musicians in Nigeria are. The following is a list of the Top Ten Richest Musicians In Nigeria based on their net worth as of 2018. These rankings were compiled by Forbes and other reputable sources so that we could give our readers an accurate account of the Nigerian music industry’s wealthiest people. We hope you enjoy it!

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