The Ultimate List of the Richest Musicians in Nigeria: Who Tops the Charts?

Nigeria, often referred to as the "Giant of Africa," is not only known for its diverse culture and vibrant music scene but also for producing some of the wealthiest musicians on the continent. These talented artists have not only gained fame and recognition locally but have also made significant strides on the global stage. In this article, we will unveil the ultimate list of the richest musicians in Nigeria and explore who tops the charts in terms of wealth and success.

Wizkid - The Starboy:

At the top of the list is Ayodeji Ibrahim Balogun, popularly known as Wizkid. Born in 1990, Wizkid began his music career at a young age and rose to prominence with his hit single "Holla at Your Boy" in 2010. Since then, he has consistently released chart-topping songs and collaborated with international artists such as Drake and Beyoncé. With numerous endorsement deals and successful business ventures, Wizkid's estimated net worth is around $30 million.

Davido - The Omo Baba Olowo:

David Adedeji Adeleke, widely known as Davido, is a prominent figure in the Richest musician in nigeria. Hailing from a wealthy background, Davido's musical talent and charismatic personality have propelled him to great heights. His debut album "Omo Baba Olowo" gained massive popularity, and he has continued to dominate the charts with his infectious Afrobeat hits. Alongside his music career, Davido also has investments in real estate and other business ventures, contributing to his estimated net worth of $25 million.

Don Jazzy - The Mavin Boss:

Michael Collins Ajereh, popularly known as Don Jazzy, is not just a musician but also a renowned music producer and entrepreneur. As the founder and CEO of Mavin Records, Don Jazzy has played a pivotal role in shaping the Nigerian music industry. With a keen ear for talent, he has produced hit songs for various artists and established himself as one of the most successful music producers in Nigeria. Don Jazzy's net worth is estimated to be around $20 million.

2Baba - The Legend:

Innocent Ujah Idibia, better known as 2Baba or 2Face, is a veteran musician who has contributed significantly to the Nigerian music scene. With his soulful voice and thought-provoking lyrics, 2Baba has garnered a massive fanbase over the years. His hit songs like "African Queen" and "Implication" have become timeless classics. Beyond music, 2Baba has invested in real estate and owns a nightclub in Lagos. His net worth is estimated to be around $16 million.

Burna Boy - The African Giant:

Damini Ogulu, popularly known as Burna Boy, has taken the world by storm with his unique Afro-fusion sound. His album "African Giant" earned him international recognition and a Grammy Award for Best Global Music Album in 2021. Burna Boy's rise to fame has resulted in lucrative endorsement deals and successful tours worldwide. With his musical accomplishments and business ventures, Burna Boy's net worth stands at approximately $15 million.

D'banj - The Kokomaster:

Oladapo Daniel Oyebanjo, popularly known as D'banj, is a singer, songwriter, and harmonica player. As one of Nigeria's most prominent entertainers, D'banj gained global recognition with his hit single "Oliver Twist." He has collaborated with international artists such as Snoop Dogg and Kanye West. Alongside his music career, D'banj has ventured into various business endeavors, including owning a record label and a clothing line. With his diverse sources of income, D'banj has amassed a net worth of around $13 million.

P-Square - The Dynamic Duo:

P-Square, consisting of the twin brothers Peter and Paul Okoye, enjoyed massive success as a duo in the Richest musician in nigeria. Their energetic performances and infectious songs captivated audiences across Africa and beyond. P-Square's discography includes hits like "Personally" and "Chop My Money." The duo also ventured into other business ventures, including owning a record label and a multimillion-dollar mansion. With their combined efforts, the net worth of P-Square is estimated to be around $11 million.

Tiwa Savage - The Queen of Afrobeats:

Tiwa Savage, often referred to as the Queen of Afrobeats, has made a significant impact in the music industry. With her powerful vocals and captivating stage presence, Tiwa Savage has risen to prominence both locally and internationally. She has collaborated with notable artists like Wizkid, Beyoncé, and Rihanna. Tiwa Savage's success has led to lucrative endorsement deals with top brands, contributing to her estimated net worth of $10 million.

Olamide - The King of the Streets:

Olamide Adedeji, popularly known as Olamide, is a prominent rapper and songwriter in Nigeria. He gained recognition with his debut album "Rapsodi" and has since released numerous hit songs in the indigenous Yoruba language. Olamide's unique style and relatable lyrics have resonated with fans across the country. In addition to his music career, Olamide owns a record label and a clothing line. His estimated net worth is approximately $9 million.

Phyno - The Playmaker:

Chibuzor Nelson Azubuike, professionally known as Phyno, is a rapper, singer, and songwriter who has made a name for himself in the Nigerian music industry. With his distinctive Igbo rap style, Phyno has garnered a dedicated fanbase. His collaborations with top artists and his successful albums, such as "No Guts No Glory" and "The Playmaker," have solidified his position as one of Nigeria's richest musicians. Phyno's net worth is estimated to be around $8 million.


Nigeria's music industry has produced a remarkable lineup of talented and successful musicians, many of whom have achieved remarkable wealth. Topping the charts is Wizkid, followed closely by Davido, Don Jazzy, and 2Baba. These musicians have not only achieved commercial success but have also made significant contributions to the growth and development of the Nigerian music industry. With their talent, hard work, and entrepreneurial ventures, these artists continue to dominate the music scene and inspire aspiring musicians across the country.

Posted in Business blogs on August 16 at 04:49 AM

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