Top 10 Richest Musicians in Nigeria 2024
Top 10 richest musicians in Nigeria 2024 was complied using available data from various online platforms that rank artists based on their popularity, International rating, the amount they charge per show and many others. While it is no doubt that Nigeria is the pacesetter of Afrobeats, Music artists from the largest West African nation make […]

Top 10 richest musicians in Nigeria 2024 was complied using available data from various online platforms that rank artists based on their popularity, International rating, the amount they charge per show and many others. While it is no doubt that Nigeria is the pacesetter of Afrobeats, Music artists from the largest West African nation make a lot of income from this trade. Read Ed Sheeran Net Worth
Who are the top 10 richest musicians in Nigeria?
Davido | $40 million |
Wizkid | $35 million |
Don Jazzy | $30 million |
Burna Boy | $30 million |
RudeBoy | $25 million |
D’Banj | $25 million |
2baba | $20 million |
Tiwa Savage | $18 million |
Timaya | $17 million |
Olamide | $16 million |
Top 10 Richest Nigerian Musicians
The list of the top 10 richest musicians in Nigeria was complied using available data from various online platforms that rank artists based on their popularity, International rating, the amount they charge per show, and many others. While it is no doubt that Nigeria is the pacesetter of Afrobeats, Music artists from the largest West African nation make a lot of income from this trade.
Artists such as Wizkid, Davido, and Burna boy has attained international recognition and are the peak of their career. Keep reading as we bring to you the latest ranking of the wealthiest musicians in Nigeria and their net worth.
Davido
Net worth- $40 million
The coming number on the list of the top 10 richest musicians in Nigeria is none other than the son of one of the richest men in Nigeria, David Adedeji Adeleke popularly known as davido.
Davido was born November 21, 1992 in Atlanta, Georgia. He began his music career in 2010 and has since set the entertainment industry to a new standard with one hit song after another.
Davido released, his second studio album A Good Time in November 2019, supported by singles including “Blow My Mind” featuring popular American singer Chris Brown . Davido was cited as one of the Top 100 most influential Africans by New African magazine in 2019. He released his third studio album A Better Time, on Friday 13 November 2020. As at August 2021, Davido is the second most followed African on the social media app Instagram.
Throughout his music career, Davido has acquired a number of luxurious cars, mansions and a private jet. He is into endorsement deals with several brands. Endorsement projects like the 30 million Naira MTN and 50 million Naira Close Up deals are among some of such ventures contributing to its net worth of Davido. Guinness Nigeria signed Davido for an endorsement deal.
top 10 richest musicians in Nigeria

How Much Does Davido Charge Per Show? You might wonder how much this Nigerian artist charges to perform at various shows. Annually, the singer can perform at 40-50 shows globally. This all contributes to making Davido the richest musician in Nigeria.
top 10 richest Musicians in Nigeria number 2
Wizkid
Net Worth- $35 million
Ayodeji Ibrahim Balogun known professionally as Wizkid, is a Nigerian singer and songwriter. He began recording music at the age of 11 and released a collaborative album with the Glorious Five, a group he and a couple of his church friends formed.
Wizkid’s career in music has not slowed down. He has collaborated with several internal acts including; Drake, Justin Bieber, Beyoncé among others.
In 2018, he was featured on the song “Checklist” by Normani and Calvin Harris, which reached number-one on the Billboard World Digital Song Sales chart. The following year, he was featured on Beyoncé’s project The Lion King: The Gift on the single “Brown Skin Girl”, which also reached number-one on the World Digital Song Sales chart, and won him a Grammy Award for Best Music Video.
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In October 2020, he released his fourth album, Made in Lagos, which received massive success and acclaim, reaching number-one on the Billboard World Album Chart. The album includes the single “Essence” featuring Tems, which became the first Nigerian song to chart on the Billboard Hot 100, and reached the top ten following a remix released by Justin Bieber.
Wizkid became the most-streamed Nigerian artist of all time on Spotify, with over 3.4 billion streams across all credits.
Wizkid has a net worth of $35 million and he is the second of the top 10 richest musicians in Nigeria on our list.
Don Jazzy
Net worth : $30 million
Michael Collins Ajereh, known professionally as Don Jazzy, is a Nigerian record producer, Brand Ambassador, audio engineer, record executive, singer, entrepreneur, Influencer and Comedian. He is the founder and the CEO of Mavin Records.
Don Jazzy is estimated to be worth about $ 15 million . Don Jazzy is also a successful businessman aside being a record manager.
The Mavin team visited The Don’s Residence earlier today. We all learnt about NFTs and the exciting future. #Mavin #NFTs pic.twitter.com/sNzuNsMN3Q
— I AM A MAVIN ? (@DONJAZZY) February 17, 2022
Like all other high profile celebrities, Don Jazzy has achieved a lot in music and business and you would expect that he would reward himself by driving in some of the latest brands you can think about. Below are the cars owned by the celebrated entertainer.
Read Top 10 Richest Musicians in Africa
top 10 richest Musicians in Nigeria number 3
Burna Boy
Net Worth: $30 million
Burna Boy rose to prominence in 2012 after releasing “Like to Party”, the lead single from his debut studio album L.I.F.E (2013). In 2017, Burna Boy signed with Bad Habit/Atlantic Records in the United States and Warner Music Group internationally.
He won Best International Act at the 2019 BET Awards, and was announced as an Apple Music Up Next artist. His fourth studio album African Giant was released in July 2019; it won Album of the Year at the 2019 All Africa Music Awards and was nominated for a Best World Music Album at the 62nd Annual Grammy Awards.
He was awarded the African Artist of the year at the 2020 VGMA’s. In 2020, his album Twice as Tall was nominated for the same category at the 63rd Annual Grammy Awards, making him the first Nigerian with back-to-back nominations at the Grammys. In 2021, Twice as Tall won the Best World Music Album at the 63rd Annual Grammy Awards
RUDEBOY
Net worth : $25 million
Rudeboy is the stage name for Paul Okoye of the now-disbanded Psquare music group. Rudeboy is one of the best singers in Nigeria at the moment. Rudeboy net worth is $15 million. He is one of the richest musicians in Nigeria. He has had a successful solo career after Psquare. Releasing instant hit songs including; Reason with me, Audio money and others.
top 10 richest musicians in Nigeria
D’BANJ
Net worth: $25 million
D’banj known is real life as Oladapo Daniel Oyebanjo is a Nigerian singer, songwriter, entrepreneur and television personlity. D’banj net worth is estimated as 25 million making him one of the top 10 richest musician in Nigeria.
D’banj is the founder of Koko Foundation for Youth and Peace Development. He is also Nigeria’s first United Nations Youth Ambassador for Peace. Dbanj is a ONE campaign ambassador; he released the song “Cocoa Na Chocolate” in support of agriculture investments. ‘Cocoa Na Chocolate’ featured 18 other African artists and won Best African Collaboration at the All Africa Music Awards in 2014.
2Baba
Net worth: $20 million
Innocent Ujah Idibia, known by his stage name 2Baba, is a Nigerian musician, singer, songwriter, record producer, entrepreneur, philanthropist, humanitarian, and activist. Prior to July 2014, he went by the stage name 2face Idibia. 2Baba is the first winner of MTV Europe, Best African Act Award in 2015.
top 10 richest musicians in Nigeria
TIWA
Net worth: $18 million
Tiwa Savage is a British-Nigerian singer, songwriter and actress. Born in Isale Eko, she relocated to London at the age of 11 for her secondary education. Five years later, she began her music career doing backup vocals for artists such as George Michael and Mary J. Blige. Tiwa Savage net worth Forbes is estimated to be $10M. She is one of the richest musicians in Nigeria
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In 2017, Tiwa Savage announced on her Instagram page that she has a house in Lekki, Lagos. Tiwa Savage’s house is located in Ikate Elegushi, Lekki Peninsula, Lagos and the beautiful mansion is said to be worth 75 million Naira. Tiwa savage is one of the top 10 richest Musician in Nigeria
Timaya
Net worth: $17 million
Inetimi Timaya Odon, better known by his stage name Timaya, is a Nigerian singer and songwriter. He hails from Odi, Bayelsa state. He is the founder of DM Records Limited. His solo career began in 2005 with the release of “Dem Mama”, which also appeared on his debut album, True Story released the following year. His second album Gift and Grace was released in 2008.
his work has earned him several notable awards and nominations including four Headies Awards wins, 2 AFRIMMA Awards wins, one Nigeria Music Award and an NEA Award.
top 10 richest musicians in Nigeria
Olamide
Net worth: $16 million
Olamide Gbenga Adedeji, known professionally as Olamide is a rapper and singer. He is one of the biggest and most influential artists in Africa. He records in Yoruba and English. In 2011, he released his debut studio album Rapsodi while signed to Coded Tunes. YBNL, his follow-up album, was released under his label imprint YBNL Nation.
The album was supported by the singles “First of All”, “Voice of the Street”, “Stupid Love”, and “Ilefo Illuminati”. On 7 November 2013, he released his third studio album Baddest Guy Ever Liveth. The album’s singles include “Durosoke” and “Yemi My Lover”. On 17 July 2013, Olamide became the first Nigerian to sign an endorsement deal with Cîroc
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Source: Glusea
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