Nigerian musicians are notable for making a living off of their art. While many musicians earn a living through their art, many have amassed enormous wealth.
1. Wizkid
Our list of the richest musicians in Nigeria is headed by WizKid. His real name is Ayodeji Ibrahim Balogun, but he goes by the stage name WizKid most frequently. WizKid has had a lifelong passion for music. When he was eleven, he started a band with five of his friends.
Wizkid launched his musical career in 2009 after signing with Banky W’s EME label. When “HoYour Voyeur Boy,” his debut song, was released, it helped him gain notoriety in the business. Wizkid was born in Surulere, Lagos, and was raised there in extreme poverty. Through the music label Empire Mates Entertainment (E.M.E), he rose to fame. Nigerian-born Wizkid is well-known both domestically and internationally.
Wizkid has two land properties: one in Los Angeles and one in the center of Lagos.
2. Davido
With a net worth of more than $38 million, the Nigerian singer and boss of the 30BG gang DAVIDO is regarded as the wealthiest musician in all of Africa. Together with his brother, Davido co-owns the HKN music label and has signed numerous Nigerian musicians. Davido owns residences on Banana Island and a vacation home in Georgia, United States. He is a Nigerian musician with excellent taste in luxury vehicles, which include:
2019 Rolls Royce Cullinan
Bentley Bentayga
Bentley Continental GT
Porsche Panamera Turbo S
Range Rover Sports
Range Rover SV autobiography
Chevrolet Camaro GS
Audi R8
Audi Q7
Mercedes-AMG GLS63
Mercedes G-Wagon
Toyota Land Cruiser
3. Don Jazzy
Don Jazzy’s involvement in the Nigerian music industry has helped him amass a sizable fortune. The billionaire’s $35 million net worth is estate owner. The owner of three mansions in Lekki, Banana Island, and Los Angeles is the head of a record label. His collections of exotic cars include:
Porsche 911 Carrera
Bentley Continental
Cadillac Escalade
Mercedes Benz E350
4. Burna Boy
Another well-off musician in the nation, The African Gaint, has a $20 million net worth at the moment. Burna has been working in the music business for a while and successfully took off in 2018. Since then, the singer has performed internationally and has received many ladies. Following are some of the vehicles singer Burna owns, some of which are housed in his enormous multimillion-naira mansion in Lekki:
Red hot Rolls Royce Dawn Convertible
Ferrari 458 Italia
Bentley Continental
Mercedes Benz G-Wagon
5. 2Baba
The music superstar from Benue, who has a sizable net worth of over & 17 Million, is another on the list of wealthy Nigerian singers. Beginning with his Plantashun Boiz group, 2Face BABA developed into a well-known Nigerian musician and has since kept improving. He has residences in Festac, Ikeja, and Lagos Island. Here are a few of the musician’s vehicles:
Chevrolet Corvette Coupe
Ferrari Coupe
Toyota Land Cruiser Prado
6. Olamide
Only the inclusion of popular Nigerian rapper Olamide makes the list whole. The rapper has a $15 million net worth and has worked in the business for many years. The head of YBNL music has attracted a lot of attention both domestically and abroad. Olamide owns two homes in Lagos’ Lekki and Barneighborhoodsoods. His garage houses automobiles like:
Mercedes-Benz G-Wagon
Range Rover Sports V8
Rolls-Royce Phantom
7. Phyno
One of the wealthiest musicians in Nigeria, the rapper was born in Anambra and raised in Enugu. His net worth is over 14 million Naira. Phyno owns a $170 million three-bedroom duplex in Chevy View Estate, a mansion on Chevron Drive in Lekki, and another one in Enugu State. The musician owns several vehicles, including:
Rolls-Royce Phantom
Lamborghini Gallardo Spyder
Polaris Slingshot
Bentley GT Coupe
8. Tiwa Savage
The first and only female musician on our list of the top 10 richest musicians in Nigeria is Tiwa Savage. Nigerian actress, singer, and composer Tiwatope Savage is also a composer. She was born on February 5th,,1980, and is from Isale Eko in Lagos State. In November 2018, Savage won Best African Act at the MTV Europe Music Awards. This made her the first female winner in the category. According to Forbes, Tiwa Savage is worth $13 million. Tiwa Savage is the richest female musician in Nigeria as a result.
9. PSquare
The singing duo Psquare is made up of twin brothers Peter and Paul Okoye.
PSquare, as they are more commonly referred to, are extremely successful, well-liked, and talented. Their singing and dancing prowess is amazing. Some of the musical genres they play include dance-pop, R&B, hip-hop, and Afropopopp. Their love of music began during their time in secondary school. Psquare is a company that focuses on full-time real estate investment. They are each thought to be worth $13 million.
10. DBanj
The “Koko Master,” also known as D’banj, is the tenth-richest musician in Nigeria with a net worth of $10 million. The singer completed his undergraduate studies at Oxford University in London, where he majored in Mechanical Engineering. He then went back to Nigeria to continue his musical career.
Dbanj has a home in Lagos, and he owns the following vehicles:
$200,000 Worth Aston Martin Vintage
2 Toyota Jeep
Toyota Hilux
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