As of March 2025, the Nigerian music industry boasts several artists who have achieved significant financial success. Here are some of the wealthiest Nigerian musicians:
1. Davido (David Adedeji Adeleke)
Net Worth: Approximately $90 million.
Career Highlights: Davido, often referred to as "OBO" (Omo Baba Olowo), gained prominence with hits like "Dami Duro" and "Fall." He owns the HKN music record label with his brother and has signed several Nigerian artists.
Assets: Davido owns properties in Banana Island, Lagos, and a mansion in Georgia, USA. His car collection includes a Rolls-Royce Cullinan 2019 and a Lamborghini Aventador S Roadster.
2. Wizkid (Ayodeji Ibrahim Balogun)
Net Worth: Estimated at $50 million.
Career Highlights: Wizkid, also known as "Starboy," rose to fame with tracks like "Holla at Your Boy" and "Ojuelegba." He has collaborated with international artists, enhancing his global appeal.
Assets: Recently, Wizkid added a second Ferrari worth ₦1.4 billion to his collection.
3. Burna Boy (Damini Ebunoluwa Ogulu)
Net Worth: Approximately $40 million.
Career Highlights: Burna Boy, known as the "African Giant," gained international recognition with his unique blend of Afrobeat, reggae, and dancehall. He has won multiple awards, including a Grammy.
Assets: Burna Boy owns a multimillion-naira mansion in Lekki and a collection of luxury cars.
4. Don Jazzy (Michael Collins Ajereh)
Net Worth: Estimated at $30 million.
Career Highlights: Don Jazzy is a renowned music producer and the founder of Mavin Records, which has launched the careers of several Nigerian artists.
Assets: Details about his assets are not extensively publicized.
5. Olamide (Olamide Adedeji)
Net Worth: Around ₦7 billion (approximately $16 million).
Career Highlights: Olamide, also known as "Baddo," is a prominent rapper and the founder of YBNL Nation, a record label that has nurtured many talents.
Assets: Olamide owns two mansions in Lekki and Bariga, Lagos, and a fleet of luxury vehicles, including a Rolls-Royce Phantom and a Mercedes-Benz G-Class.
Nigeria Richest Artists By Rank....