Here is the list of the top 100 Richest Musicians in Nigeria 2025, this list is based on the Latest Forbes Ranking.
TOP 100 RICHEST MUSICIANS IN NIGERIA AND THEIR NET WORTH 2025 { Forbes Latest Ranking } Updated.
Nigeria’s music industry has been a powerhouse of talent, innovation, and wealth creation, with Afrobeats leading the charge on the global stage. Let’s dive into Forbes’ latest list of the top 100 richest musicians in Nigeria 2025, reflecting not just their musical success but also their business acumen, endorsement deals, and investments.
Without any further delay let’s go straight into the list of the top 100 richest musicians in Nigeria today.
Before we go into the 2025 top 100 richest musicians in Nigeria list, let’s have an in-depth look at the top 10 in the country.
TOP 10 RICHEST MUSICIANS IN NIGERIA AND NET WORTH 2025
- Davido – David Adedeji Adeleke ($70 million): He has an endorsement deal with the well known SONY records, PUMA and real estate investments.
- Wizkid – Ayodeji Ibrahim Balogun ($65 million): His reputation has undoubtedly given him an honorable stance within and outside Nigeria. In addition to his dignified position as the top member of a Record label named STARBOY, Wizkid has claimed lots of awards.
- Burna Boy – Damini Ebunoluwa Ogulu ($50 million): Burna Boy’s wealth is boosted by tours, streaming revenue, and his own label, Spaceship Entertainment. The Grammy Award winner is currently one of the richest in Nigeria today and confortably sits at number three on this list.
- DonJazzy: He is a distinctly-gifted personality who sensibly blends singing with music production, he serves as the boss of MAVIN –a top-notch record label that features the presence of other stars including Tiwa Savage, Korede Bello and Iyanya. Don Jazzy is reported to be worth N6.5 billion.
- Olamide – Olamide Adedeji ($35 million): Known for his street anthems, Olamide has built wealth through his music, YBNL Nation label, and investments outside music.
- 2Baba – Innocent Ujah Idibia ($28 million): A veteran in the industry, 2Baba’s net worth reflects his long-standing career, endorsements, and philanthropy. Over the years, reputable Nigerian brands have continually associated with and he is declared to be worth N2.5 billion.
- Tems – Temilade Openiyi ($25 million): Her rise has been meteoric, with significant earnings from Grammy nominations, international features, and songwriting.
- Rema – Divine Ikubor ($22 million): The young star’s wealth comes from his music, Jonzing World label, and high streaming numbers on platforms like Spotify.
- Asake – Ahmed Ololade ($20 million): His fusion of Fuji music with contemporary beats has led to sold-out shows and lucrative deals.
- Tiwa Savage – Tiwatope Savage ($15 million): Known as the ‘Queen of Afrobeats,’ her wealth is from music, acting, and brand endorsements.
Top 100 Richest Musicians in Nigeria 2025
- Davido – David Adedeji Adeleke
- Wizkid – Ayodeji Ibrahim Balogun
- Burna Boy – Damini Ebunoluwa Ogulu
- Don Jazzy – Michael Collins Ajereh
- Olamide – Olamide Adedeji
- 2Baba – Innocent Ujah Idibia
- Tems – Temilade Openiyi
- Rema – Divine Ikubor
- Asake – Ahmed Ololade
- Tiwa Savage – Tiwatope Savage
- P-Square – Peter & Paul Okoye
- Timaya – Inetimi Alfred Odon
- Phyno – Chibuzor Nelson Azubuike
- Flavour N’abania – Chinedu Okoli
- D’banj – Oladapo Daniel Oyebanjo
- Fireboy DML – Adedamola Adefolahan
- Yemi Alade – Yemi Eberechi Alade
- Omah Lay – Stanley Omah Didia
- Mr Eazi – Oluwatosin Oluwole Ajibade
- Seyi Vibez – Balogun Afolabi Oluwaloseyi
- Naira Marley – Azeez Fashola
- Joeboy – Joseph Akinfenwa Donus
- Zlatan – Omoniyi Temidayo Raphael
- Simi – Ogunleye Simisola Bolatito
- Chike – Chike Ezekpeazu Osebuka
- Tekno – Augustine Miles Kelechi
- Kizz Daniel – Oluwatobiloba Daniel Anidugbe
- Peruzzi – Tobechukwu Victor Okoh
- Teniola – Teniola Apata
- Lil Kesh – Keshinro Ololade
- Jidenna – Jidenna Theodore Mobisson
- Oritse Femi – Oritsefemi Majemite Ekele
- Reekado Banks – Ayoleyi Hanniel Solomon
- Falz – Folarin Falana
- Adekunle Gold – Adekunle Kosoko
- Reminisce – Remilekun Abdulkalid Safaru
- Mayorkun – Adewale Mayowa Emmanuel
- Small Doctor – Temitope Adekunle
- Kcee – Kingsley Chinweike Okonkwo
- Duncan Mighty – Duncan Wene Mighty Okechukwu
- Wande Coal – Oluwatobi Wande Ojosipe
- 9ice – Alexander Abolore Adegbola Akande
- HarrySong – Harrison Tare Okiri
- Runtown – Douglas Jack Agu
- Femi Kuti – Olufela Olufemi Anikulapo Kuti
- Skales – Raoul John Njeng-Njeng
- Olamide – Baddo
- Waje – Aituaje Iruobe
- Ice Prince – Panshak Henry Zamani
- Soft – Obinna Stanley
- Blaqbonez – Emeka Akumefule
- Chinko Ekun – Oladipo Olamide Emmanuel
- DJ Cuppy – Florence Ifeoluwa Otedola
- Qdot – Qudus Fakoya Oluwadamilare
- L.A.X – Damilola Afolabi
- Skibii – Abbey Elias
- Yung6ix – Onome Onokohwomo
- Eva Alordiah – Elohor Eva Alordiah
- Lil Frosh – Sanni Goriola Wasiu
- M.I Abaga – Jude Abaga
- Bella Shmurda – Abiola Ahmed Akinbiyi
- Zinoleesky – Oniyide Azeez
- Bella Alubo – Oluwabukola Alubo
- Dremo – Aboriomoh Femi
- DJ Neptune – Imohiosen Patrick
- Zoro – Owoh Chimaobi Chrismathner
- Praiz – Praise Ugbede Adejo
- Cynthia Morgan – Madu Ekemma
- Teni – Teniola Apata
- Ladipoe – Ladipo Eso
- B-Red – Adebayo Adeleke
- Tclassic – Mutiu Olaniyan
- Mohbad – Ilerioluwa Oladimeji Aloba
- Teni – Teniola Apata
- Barry Jhay – Ojele Oluwakayode
- Idahams – Idahosa Samson
- Iyk – Iykechukwu Okonkwo
- L.A.X – Damilola Afolabi
- Dan Dizzy – Daniel Chukwuemeka
- Dremo – Aboriomoh Femi
- Erigga – Erhiga Agarivbie
- Fiokee – Ifiok Effanga
- Frank Edwards – Frank Ugochukwu Edwards
- Goldie – Susan Oyinkansola Harvey
- Kel P – Kelvin Peter Uwaifo
- Korede Bello – Korede Bello
- Maleek Berry – Maleek Shoyebi
- Mayorkun – Adewale Mayowa Emmanuel
- Nasty C – Nsikayesizwe Ngcobo David Junior
- Niniola – Niniola Apata
- Nonso Amadi – Nonso Amadi
- Olamide – Olamide Adedeji
- Patoranking – Patrick Nnaemeka Okorie
- Pheelz – Phillip Kayode Moses
- Poco Lee – Iwe Paschal
- Reminisce – Remilekun Abdulkalid Safaru
- Ruger – Michael Adebayo Olayinka
- Selebobo – Udoka Chigozie Okechukwu
- Spyro – Oludipe Oluwasanmi David
- Vector – Ola Vincent Okiki
Top 10 Richest Musicians in Nigeria 2025
Here is the accurate ranking of the top 10 richest musicians in Nigeria for the year 2025 and their Forbes net worth.
This list has been compiled to help those who have been in search of information on the top 10 richest musicians in the country for this year.
Introduction to the top 10 richest musicians in Nigeria 2025
We are all used to seeing Nigerian musicians drive in fancy cars and live in mansions. So many of us are of the believe that this singers are living a “fake life” (though this has been proven to be true about some). Here is a post which is set to reveal the top 10 richest musicians in Nigeria for the year 2025.
On what parameters was this list of the top 10 richest musicians in Nigeria 2025 compiled?
If you are doubting the accuracy and reliability of this list of the top 10 richest musicians in Nigeria this 2025 here is an explanation on how we came about this list.
Before we came about this list we carried out careful and bias free research. We used some of the basic set parameters used in advanced countries to decide those who made this top ten list. Here are the parameters we used to come about this list.
- Media reports
- Sales on iTunes
- Income from shows and tours
- Endorsement deals
- Artist having his/her own label or signed to a label
I think that settles the authenticity of this ranking. Let’s now go fully into this list of the top 10 richest musicians in Nigeria for the year 2025. In a bid to bring you better and quality information we are not going to give you a mere list of the richest musicians in the country but also going to include the net worth and short bio of each of the singers that makes this list.
Here is the fully updated 2025 list of the richest musicians in Nigeria
10. Iyanya: Biography and Net Worth 2025 — 1.8 Billion Naira
Iyanya has acquired much recognition for himself and surprisingly this achievement has come within a short time frame. The Kukere coroner recently signed a contract with top Nigerian record label, Mavin Records. Iyanya has been consistent in the Nigerian music industry since he won the 2008 MTN project fame. He is reported to worth about 1.8 Billion naira.
9. Banky W: Biography and Net Worth 2025 — 2.3 Billion Naira
Olubankole Wellington who is popularly known by his stage name Banky W. This musician is highly talented as he is not only know for his music but also his role in the Nigerian movie industry (He starred in the Wedding Party). Banky W is the CEO of EME records under which top musicians like Wizkid and Skales were produced.
8. Flavour: Biography and Net Worth 2025 — 2.5 Billion Naira
Flavour is reported to currently worth above 2.5 billion Naira. This rich Nigerian musician takes the number 8 spot on this top 10 list having made his money from album sales, endorsement deals and tours. He also owns clubs and hotels across the country. Great admirers of his high-profile songs perceive him as the king in churning out highlife music.
7. 2Face Idibia: Biography and Net Worth 2025 — 2.5 Billion Naira
2Baba is a legendary Nigerian singer and has been relevant in the industry for over a decade. He has won several awards during his music career and he is one of the few veteran artist who still remains relevant in this industry today. 2Face is known for his breakthrough track, African Queen, which helped place him on the Nigerian music industry map.
6. D’banj: Biography and Net Worth 2025
The kokomaster takes the sixth spot on this KikioTolu list of the top 10 richest musicians in Nigeria 2025. Though he has not had an hit track of recent he is still highly regarded in the Nigeria music industry today. His recent son ‘Baecation” with 2Baba got a lot of airplay. He has many endorsement deals, and that is one of the things keeping him at the moment.
5. Peter and Paul Okoye: Biography and Net Worth 2025 — 5.6 billion
The twin duo are one of the richest musicians in Nigeria at the moment. Peter and Paul take the number one spot of this list having amassed a lot of wealth over their decorated career, they are reported to worth over 5.6 billion Naira. Since the split of Psquare, Peter Okoye now goes by the stage name Mr P while his twin Paul goes by the stage name Rude Boy.
4. Wizkid: Biography and Net Worth 2025 — 2.8 Billion Naira
Wizkid broke into the Nigerian music industry with his hit single, Holla at your boi. He has since kept the momentum and gone on to release other hit tracks. He was featured last year by Drake on the track One Dance which was a worldwide hit and No. 1 on billboard. He takes the number 4 spot on this KikioTolu list of the top ten richest singers in Nigeria 2025.
3. Davido: Biography and Net Worth 2025 — 2.9 Billion Naira
Davido stormed the Nigerian music industry with his hit track, Ema Da Mi duro. He is the son of a Nigerian billioniare and as also done well for himself as he takes the number 3 spot on this KikioTolu list of the top 10 musicians in Nigeria this 2025. Davido recently signed a contract with Sony music which has helped promote his brand internationally.
2. Jidenna: Biography and Net Worth 2025
Taking the number two spot is no other person than Jidenna. I hope you aren’t surprised to find him here. Jidenna is a top singer and Nigerian. He is well known internationally and keeps remaining relevant globally.
1. Don Jazzy: Biography and Net Worth 2025 — N6.5 billion
Don Jazzy is one of the best music producers in Nigeria and even arguable Africa at the moment. Since he began his career Don Jazzy has continued to produce good music consistently. He is a distinctly-gifted personality who sensibly blends singing with music production, he serves as the boss of MAVIN. He reportedly has a net worth of almost 7billion Naira and has enjoyed a blistering career.
WANT A LONGER LIST?
There you have it on this up-to-date rankings of the richest musicians in Nigeria this year 2024.
As you can see from the above rankings Nigerian musicians are really making it big in the industry today. The Nigerian music industry is now developed and you can make real cash from the industry if you are good at what you do and also if you are hardworking.
To show the level of improvement in this industry you can see that Don Jazzy who is not a fulltime musician has really made it in this industry. He is a producer and only features on few music tracks. This is a sign that if you a song writer, producer or vocalist you can make some cool cash from the Nigerian music industry. Before we call it close on this kikiotolu.com ranking of the top 10 richest musicians in Nigeria 2025, lets give you a review of the artist that made this list.
List of the Top 10 Richest Musicians in Nigeria for the year 2025
- Don Jazzy
- Jidenna
- Davido
- Wizkid
- Psquare
- D’Banj
- 2Face
- Banky W
- Iyanya
- Olamide
To tell you how time flies, compare the above list to what we had in 2020.
Top 50 Richest Musician In Nigeria Forbes List 2020
1. Don Jazzy – Micheal Collins Ajereh – November 26, 1982
2. Jidenna – Jidenna Theodore Mobisson Al Amin – May 4, 1985
3. Wizkid – Ayodeji Ibrahim Balogun – July 16, 1990
4. Davido – David Adedeji Adeleke – November 21, 1992
5. PSquare – Peter and Paul Okoye – November 18, 1981
6. Dbanj – Oladapo Daniel Oyebanjo – June 9, 1980
7. 2face – Innocent Ujah Idibia – September 18, 1975
8. Flavour N’abania – Chinedu Okoli – November 23, 1983
9. Banky W. – Oluwabankole Wellington –
10. Iyanya Onoyom Mbuk – October 31, 1986
11. Timaya – Inetimi Alfred Odon – August 15, 1980
12. M.I – Jude Abaga October 4, 1981
13. Olamide – Olamide Adedeji March 15, 1989
14. Kcee – Kingsley Chinweike Okonkwo – April 18, 1979
15. Tiwa Savage – Tiwatope Savage-Balogun – February 5, 1980
16. Phyno – Chibuzor Nelson Azubuike – October 9, 1986
17. Asa – Bukola Elemide – September 17,1982
18. Ice Prince – Panshak Henri Zamani – October 23, 1986
19. Tekno – Augustine Miles Kelechi – December 17, 1992
20. Yemi Alade – Yemi Eberechi Alade – March 13, 1989
21. Omawumi – Omawumi Megbele – April 13, 1982
22. Chindinma Ekile – Chidinma Ekile – May 2, 1991
23. Reminisce – AbdulKhalid Safaru – January 26, 1981
24. Duncan Mighty – Duncan Wene Mighty Okechukwu – October 28, 1983
25. Wande Coal – Oluwatobi Wande Ojosipe – October 18, 1985
26. 9ice – Abolore Akande – January 17, 1980
27. HarrySong – Harrison Tare Okiri – March 30, 1981
28. Sound Sultan –
29. Runtown – Douglas Jack Agu – August 19, 1989
30. Small Doctor – Temitope Adekunle – October 19, 1996
31. Oritse Femi – Oritsefemi Majemite Ekele – January 5, 1985
32. Lil Kesh – Keshinro Ololade – March 14, 1995
33. Falz – Folarin Falana – October 27, 1990 – Lagos
34. Korede Bello – Korede Bello – February 29, 1996
35. Reekado Banks – Ayoleyi Hanniel Solomon – December 1993
36. Kiss Daniel – Anidugbe Oluwatobiloba Daniel – May 1, 1994
37. Adekunle Gold – Adekunle Kosoko – January 28, 1987
38. DJ Spinall – Sodamola Oluseye Desmond – June 2, 1984
39. Sean Tizzle – Morihanfen Oluwaseun Oluwabamidele – December 15, 1989
40. Mr. Eazi – Oluwatosin Oluwole Ajibade – July 19, 1991
41. Burnaboy – Burna Boy – July 2, 1991
42. Timi Dakolo – Timi Dakolo – January 20, 1981
43. Ycee – Oludemilade Martin Alejo – January 29, 1993
44. Skales – Raoul John Njeng-Njeng – April 1, 1991
45. Simi – Simisola Bolatito Ogunleye – April 19, 1988
46. Dija – Hadiza Blell –
47. Waje – Aituaje Iruobe – September 1, 1980
48. Orezi – Esegine Allen – March 28, 1986
49. Sheyi Shay – Oluwaseyi Odedere – December 21, 1985
50. Praiz – Praise Ugbede Adejo – March 8, 1984
