The Nigerian music industry is a lucrative field, with several musicians amassing impressive wealth not only from music but through endorsements, investments, and international collaborations.
As of 2024, here’s a list of the top 10 richest Nigerian musicians, their net worth according to Forbes, and a glimpse into their luxury lifestyle, including cars and homes.
1. Davido – $90 Million
Davido, often hailed as the wealthiest musician in Africa, tops this list with a staggering net worth of over $90 million. He co-owns the HKN Music record label alongside his brother and has signed multiple successful Nigerian artists.
Davido’s property portfolio includes a luxurious mansion in Banana Island, Lagos, and another in Georgia, USA.
Known for his love of exotic cars, Davido’s garage boasts impressive collections, such as:
- Rolls Royce Cullinan
- Lamborghini Aventador
- Bentley Bentayga and many more
Watch on YouTube how Davido arrives Eko Hotel In His Lamborghini With Tion wayne.
2. Wizkid – $70 Million
Wizkid, the Starboy Entertainment founder, is valued at $70 million. With a mansion in Surulere, Lagos, and another property in Los Angeles, the “Essence” singer enjoys an affluent lifestyle.
Wizkid also owns a private jet and drives high-end cars like:
- Porsche Panamera
- Mercedes-Benz G63 AMG
- Lamborghini Urus and many others
Checkout video Wizkid’s Ferrari:
3. Don Jazzy – $55 Million
Don Jazzy, a music mogul and CEO of Mavin Records, is worth an estimated $55 million. Known for his production skills and business acumen, he has amassed wealth through record label success and strategic endorsements.
Don Jazzy’s car collection includes:
- Cadillac Escalade
- Bentley Continental Flying Spur
- Lexus LX570
4. Burna Boy – $40 Million
Burna Boy, also known as the “African Giant,” holds a net worth of $40 million. His breakthrough on the international stage has added to his fortune, leading to sold-out shows worldwide.
Burna Boy owns a multimillion-naira mansion in Lekki, Lagos, and his impressive car collection includes:
- Rolls Royce Dawn
- Ferrari 458 Italia
- Mercedes-Benz G-Wagon
See video of Burna Boy showing off his car collections as posted on Instagram by Tunde Ednut:
5. Timaya – $35 Million
Known as the “Plantain Boy,” Timaya is valued at $35 million. His long-standing career in Nigerian music has brought him fame and wealth.
Timaya’s luxury lifestyle includes a 250 million Naira mansion in Lekki, and he enjoys a lineup of high-end vehicles:
- Porsche 911 Carrera
- Mercedes-Benz G55 AMG
- Range Rover Sport
6. D’banj – $30 Million
D’banj, famously called the “Koko Master,” has a net worth of $30 million. Known for his hit “Oliver Twist,” D’banj studied in the UK before returning to Nigeria to pursue music.
D’banj’s properties include a luxury home in Lagos, and his impressive cars include:
- Aston Martin Vantage
- Ferrari F430
- Rolls Royce Wraith
7. 2Baba (2Face) – $27 Million
With a net worth of $27 million, 2Baba is a legend in Nigerian music. Starting with the Plantashun Boiz, he’s now a solo artist with a decorated career.
2Baba owns homes in Lagos Island, Festac, and Ikeja, Lagos, and drives cars like:
- Chevrolet Corvette
- Toyota Land Cruiser
- Range Rover Vogue
8. Flavour – $23 Million
Flavour, a prominent highlife musician, has an estimated net worth of $23 million. Known for his unique blend of Afro-pop and highlife, he’s earned both national and international acclaim.
His car collection includes:
- BMW X6
- Lexus LX570
- Mercedes-Benz G-Wagon
Watch video of flavour flexing in a private jet as posted on Instagram:
9. Olamide – $21 Million
Olamide, the YBNL boss, has made waves in both local and international scenes, with a net worth of $21 million. The rapper owns properties in Lekki and Bariga, Lagos, and his cars include:
- Range Rover Sport
- Mercedes-Benz G-Class
- Bentley Continental GT
10. Phyno – $20 Million
Phyno, an Eastern rap sensation, has a net worth of $20 million. His assets include a duplex in Lekki and another home in Enugu State.
Known for his unique style and success in the Igbo rap genre, Phyno’s cars include:
- Bentley Continental GT
- Rolls Royce Phantom
- Toyota Avalon
Nigeria’s music industry showcases incredible talent, hard work, and success. These musicians have turned their art into wealth, owning luxurious cars, homes, and high-end properties worldwide. The 2024 list gives a glimpse into the top-earning Nigerian musicians, highlighting their accomplishments, and adding insight into the financial rewards possible in the entertainment industry.
Stay tuned to NigeriaTunes.com for more updates on your favorite artists and the latest music news!
