Top 10 Richest Musicians In Nigeria 2025 (Net Worth).
Nigeria’s music industry has evolved into a highly lucrative business, generating substantial revenues for artists. With the release of hit songs, musicians can experience a significant increase in their net worth. Nigerian musicians are successful in making waves globally with their songs.
These artists have worked so hard and dedicated lots of energy to creating original and quality songs. Truly, their hard work and talents have rewarded them with global recognition and financial independence.
In this article, we present a carefully curated list of the top 1o Nigerian richest musicians based on their net worth in 2025.
From legendary musicians who are veterans in the industry to upcoming artists who top chart the music scene with their songs and albums.
Note: The ranking may change based on estimates and fluctuations.
Our list of Nigeria’s Richest Musicians in 2025 was compiled from reliable sources, such as Celebrity Net Worth. We ensure relevance and accuracy when listing top Nigerian musicians’ worth.
Top 10 Richest Musicians in Nigeria 2025
-
Davido $100 million
Nigeria music superstar, singer, and songwriter Davido is currently the richest musician in Nigeria. Davido’s Net worth is 100 million dollars, making him the richest and most famous artist in Nigeria. He made money through live performances, Royalties, endorsements, music streaming sites, and licensing fees. He is the founder and CEO of Davido Music Worldwide (DMW). In 2016, he partnered with Sony Music Africa.
- Full Name: David Adedeji Adeleke.
- Record Label: Davido Music Worldwide
- Country: Nigeria
- Born: Atlanta, Georgia, United States.
- Occupation: Executive producer, Songwriter, and singer.
- Born: 21 November 1992.
Davido has made a name for himself, owning Big Masion in the United States of America and Lagos State, Nigeria. He also acquired a classic Rolls Royce, a private jet, and a Lamborghini.
Davido influence started in 2011 when he released his debut single. His songs and albums are on top-charting music streaming platforms globally.
-
D’banj $40 Million
Nigerian veteran singer and former Mo’hit Records signee D’banj is the second richest music artist in Nigeria with a net worth of 40 million dollars.
He acquired wealth through music streaming sites, Royalties, licensing fees, live performances, and endorsements. Presently, he is the founder of DB Records, a singer, and record producer.
- Artist name: Oladapo Daniel Oyebanjo
- Occupation: Music producer, rapper, and businessman
- Born: 9 June 1980
- Birthplace: Zaria, Nigeria
D’banj featured top music superstars like 2Face Idibia, Kanye West, and other popular musicians in the music industry. He owned an exclusive mansion in Lekki Lagos state Nigeria worth 25 million dollars. Some of his assets include the Ferrari F430, Rolls-Royce Phantom, Mercedes-Benz Amg GT, and Bentley.
Oyebanjo’s live performance at the 2013 African Cup of Nations in South Africa earned him more fortune than expected. His endorsements include Heritage Bank, Power Fist, SLOT, and lots more.
-
Kizz Daniel $16 million
Nigerian singer and songwriter Kizz Daniel, also known as Vado, is estimated to be worth 16 million dollars. His breakthrough came in 2014 when he released his debut single, Woju.
- Full name: Oluwatobiloba Daniel Anidugbe
- Occupation: Singer and songwriter
- Born: 1 May 1994
- Birthplace: Oyo, Nigeria
- Record label: Fly Boi. INC.
He was a former member of G-worldwide Entertainment and became independent in 2017 when he established his record label Fly Boy Inc.
Due to court cases and his challenges at his former label, he went sole and started dominating the music scene with his exclusive songs and albums.
Kizz Daniel made wealth through licensing fees, music streaming platforms, Royalties, live performances, endorsements, and advances.
Oluwatobiloba has exclusive car collections including the Mercedes-Benz S65 AMG, Bentley Continental GT, Ford Mustang, and Mercedes-Benz AMG GLE 63S Coupe.
-
Paul Okoye (Rudeboy) $16 million
Paul Okoye popularly known as Rudeboy is a Nigerian legendary musician with an estimated 16 million dollars. He is one music artist alongside his identical twin brother Peter Okoye Mr P who made the Nigerian music industry great. His music career started in the early 2000s. He officially became independent in 2019 when he established his record Fire Department. Rudeboy made wealth through live performances, music streaming sites, advances, Royalties, endorsements, and licensing fees.
- Artist name: Paul Okoye
- Occupation: Singer and record producer
- Born: 18 November 1981
- Birthplace: Jos, Nigeria
- Record label: Fire Department
His luxurious cars include Lamborghini Aventador Roadster, 4MATIC Coupe, Bentley Bentayga, and Mercedes-Benz GLE43 AMG. Rudeboy featured top international musicians including Akon, Rick Ross, and others.don jazzydon jazzy
-
Timaya $14 million
Nigerian singer and songwriter Timaya is worth $14 million. The Dem Mama Records label earned wealth through advances, endorsements, live performances, music streaming sites, royalties, and licensing fees.
- Full name: Inetimi Timaya Odon
- Occupation: Singer and songwriter
- Born: 15 August 1980
- Birthplace: Port Harcourt, Nigeria
- Record Label: Dem Mama
Timaya is actually into other businesses apart from music. He owned exclusive properties across the country including two landed properties in Port Harcourt and one in Lagos state worth 500 million naira. Some exclusive cars include the Mercedes-Benz G55 AMG, Rolls-Royce Cullinan, and Porsche 911 Carrera. Odon has released numerous songs and has been nominated for the different awards ceremony.
-
Burna Boy $12 million
Right now, Burna Boy‘s net worth is estimated at $12 million.
Damini Ebunoluwa Ogulu also referred to as African Giant is an Afrobeat singer and songwriter who made his wealth through live performances, ads, music streaming sites, licensing fees, and Royalties.
He has released classic songs and albums. Burna Boy will be among the top 10 richest musicians in Nigerian in 2025,
- Name: Damini Ebunoluwa Ogulu
- Occupation: Singer, songwriter, and entertainer
- Born: 2 July 1991
- Birthplace: Port Harcourt, Nigeria.
Burna Boy won several awards, including three BET awards and one Grammy award. He owned a luxurious mansion in Lekki, Lagos, and his CR collection featured Mercedes-Benz S Class, Bentley Continental GT, and Mercedes-Benz G Wagon.
-
Olamide $12 million
https://www.instagram.com/p/C5eLjNusDFK/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==
in 2025, Olamide’s net worth is estimated at $12 million making him one of the top 10 Nigerian richest musicians in Nigeria.
Nigerian singer and executive producer Olamide Gbenga Adedeji owns YBNL Nation and has released top-charting singles in the music industry.
He has been in entertainment for decades and has also released numerous songs that have earned him international awards.
His net worth is calculated based on live performances, advances, royalties, music streaming income, licensing fees, and endorsements.
- Name: Olamide Gbenga Adedeji
- Occupation: Singer, Executive music producer, and rapper
- Born: 15 March 1989
- Birthplace: Bariga, Ikeja, Nigeria
- Record label: YBNL Nation
Olamide is one of the most loved musicians in Nigeria. He signed upcoming artists and helped them achieve their music career goals. His recent altercation with Asake made Nigerians and music fans love him more.
He owned a mansion worth 70 million naira in Lekki, Lagos, and a car collection featuring the Rolls Royce Phantom, Land Rover Range Rover V8, and Mercedes-Benz G-Class.
-
Don Jazzy $10 million
Nigerian record producer, singer, and songwriter Don Jazzy is a veteran musician with a net worth of $10 million.
He is from the southern part of Nigeria and made his wealth through endorsements, advances, royalties, live performances, licensing fees, and music streaming incomes. Jazzy was a pioneer in the Nigerian music industry.
He signed numerous musicians, including Tiwa Savage, a legendary Nigerian female artist, and upcoming artists like Ayra Starr, Bayanni, Johnny Drille, Reekado Banks, Rema, Crayon, Ladipoe, and other artists. He owned a luxurious mansion in Los Angeles, California, United States, and a big mansion in Lekki, Banana Island, Lagos State, Nigeria.
- Full name: Michael Collins Ajereh
- Occupation: Singer, producer, entrepreneur, and comedian
- Born: 26 November 1982
- Birthplace: Umuahia, Nigeria Angeles.
His automobile collection features expensive cars like the Lexus LX570, Bentley Continental Flying Spur, and Toyota Prado SUV. Don Jazzy is a real businessman funding many non-government organizations including VeryDarkman NGO.
-
Tiwa Savage $10 million
Nigerian singer and actress Tiwa Savage‘s net worth is $10 million. She is a former member of the Mavins Records label, owned and managed by Don Jazzy. Her recognition started in 2009 after she participated in The X Factor (UK) and signed with Sony/ATV Music.
- Full name: Tiwa Savage
- Occupation: Singer, songwriter, and actress
- Born: 5 February 1980
- Birthplace: Lagos Island, Nigeria
Her net worth is calculated based on her earnings through live performance, advances, royalties, music streaming income, and licensing fees.
She Savage earned a business administration degree from Kent University and attended Berklee College of Music. In 2025, Tiwa Savage will be among the top 10 richest musicians in Nigeria.
She performed at the coronation of King Charles III and Queen Camilla, showing her creativity and musical prowess. Savage owns exclusive cars, including the Bentley Bentayg Rolls Royce Phantom and Mercedes-Benz Sprinter.
In 2025, Tiwa Savage will be among the top-paid female musicians in Nigeria. Her songs and albums have earned her international recognition and numerous awards.
-
Phyno $10 Million
Nigerian rapper and Penthauze record label CEO Phyno network is estimated at $10 Million. Nelson lives a confidential life. Fans have also wondered about his personality.
He’s a musician filled with desires and talents. When he was young, he wanted to be a doctor or pilot but eventually ended up in the music industry. Phyno made money through streaming income, advances, live performances, endorsements, licensing fees, and royalties. Nairabet, Airtel, and Nigeria breweries endorsed Phyno and he’s currently top 10 richest musicians in Nigeria.
- Full name: Chibuzor Nelson Azubuike
- Occupation: Singer, producer, songwriter, and rapper
- Born: 9 October 1986
- Birthplace: Enugu, Nigeria
Phyno has won several music awards and hit singles continue dominating music streaming platforms.
Frequently Asked Questions:
Who are the top richest 10 musicians in Nigeria in 2025?
Nigerian top 10 musicians in 2025 include Davido, D’Banj, Kizz Daniel, Paul Okoye (Rudeboy), Timaya, Burna Boy, Olamide, Don Jazzy, Tiwa Savage, and Phyno.
Who is the richest musician in Nigeria in 2025?
According to Celebrity Net Worth, Davido will be the richest musician in Nigeria in 2025. The singer’s net worth is estimated at $100 million. He made a fortune through royalties, endorsement, merchandise sales, and live performances.
In conclusion, The top richest musicians in Nigeria are calculated based on Royalties, merchandise sales, advances, live performances, and endorsements.