10 richest musicians in Nigeria and their net worth

The wealthiest musicians in Nigeria combine music (catalogue and streaming), mega-tours, brand endorsements, label ownership and investments (real estate, tech, beverages) to build wealth.

Below, we give conservative ranges and attribution to the most reliable public estimates.

1. Davido — $85M–$110M (est.)

Davido is widely reported as Nigeria’s richest musician in 2025, thanks to worldwide tours, major endorsement deals, music publishing, and diversified investments. Industry trackers and recent profiles place him near the top of the list with estimates often cited around $90–$100 million.

2. Wizkid — $45M–$75M (est.)

Wizkid’s global hits, international collaborations, endorsements and touring income make him one of Africa’s top earners. Estimates vary — some outlets place him at $50–$70 million, reflecting endorsement-heavy income and catalogue value.

3. Don Jazzy — $30M–$75M (est.)

As a producer and label executive (Mavin/other ventures), Don Jazzy’s wealth comes from production royalties, artist services, corporate deals and investments. Public estimates range widely; many label-owner lists place him among the highest-earning music executives in Nigeria.

4. Burna Boy — $20M–$35M (est.)

Burna Boy’s global touring, streaming and brand deals pushed him into the high-seven-figure to low-eight-figure net worth band in 2025. Financial trackers cite figures typically in the $20M–$30M range, depending on whether touring receipts are fully accounted for.

5. Tiwa Savage — $15M–$45M (est.)

Tiwa Savage’s earnings come from music, brand partnerships, international appearances and business investments. Several entertainment sources place her in the multi-million-dollar bracket, with higher estimates when accounting for long-term deals.

6. D’banj — $15M–$40M (est.)

D’banj’s long career, endorsements and business ventures (including past interests in fashion and events) are cited in profiles that estimate his net worth in the mid to high millions. Some outlets quote higher figures reflecting landmark deals and legacy earnings.

7. 2Baba (2Face Idibia) — $8M–$30M (est.)

A veteran star whose income streams include royalties, property and endorsements, 2Baba appears in many compilations of Nigeria’s wealthiest musicians. Estimates vary substantially across sources depending on how long-term royalties and property values are counted.

8. Olamide — $10M–$35M (est.)

Olamide’s label (YBNL), publishing, and artist development successes (spotting acts like Asake and Fireboy DML) add to his wealth. Several 2025 rankings put him in the high multi-million range.

9. P-Square (Peter & Paul Okoye) — $20M–$35M (combined, est.)

The Okoye twins (combined) have long been listed among Nigeria’s wealthiest performers due to international tours, endorsements, and real estate holdings. Recent estimates for the duo’s combined wealth vary but generally place them among the top ten.

10. Mr Eazi — $8M–$40M (est.)

Mr Eazi’s music earnings are supplemented heavily by fintech/education investments, royalties and pan-African business ventures. Some sources cite conservative figures in the mid-millions, while others point to larger sums when venture capital stakes and private deals are included.

Artistes and labels do not publish audited net-worth statements, so figures should be treated as informed estimates.