The wealth of these Nigerian artists is derived from a diverse range of sources, including music sales and streaming, global tours, lucrative endorsement deals, and business ventures. The “Big Four”—Davido, Wizkid, Don Jazzy, and Burna Boy—consistently top these lists, although their specific ranking and net worth vary significantly depending on the source.

Estimated Top 10 richest Nigerian singers as of 2025:

1. Davido – Net Worth: $100 million

 As of 2025, Davido is the richest Nigerian musician. Davido’s wealth comes from his highly popular music, ownership of the record label DMW (now Nine+ Records), international tours, and endorsements with companies such as Puma, Access Bank, and MTN. His family’s immense wealth also contributes to his financial standing.

2. Wizkid – Net Worth: $65 million

Wizkid is consistently ranked among the wealthiest due to his international collaborations, successful record label (Starboy Entertainment), stadium-filling concerts, and multi-million dollar endorsement deals with major brands like Nike, Heineken, and Pepsi.

3. Don Jazzy – Net Worth: $52 million

Arguable one of the richest in the industry. Don Jazzy status as a music mogul and record label executive consistently places him among the wealthiest, generating income from his ventures. As the CEO of Mavin Records, Don Jazzy has amassed significant wealth as a producer and entrepreneur. His record label has launched the careers of many successful artists, including Rema and Ayra Starr.

4. Burna Boy – Net Worth: $40 million

The Grammy-winning artist has a large fortune from his global tours, international brand partnerships with Pepsi and Gucci, and highly streamed music. His worldwide success has significantly boosted his net worth.

5. Mr. Eazi – Net Worth: $40 million

The Nigerian singer, songwriter, and entrepreneur Mr Eazi has a reported net worth of between $30 and $40 million as of 2025. His wealth comes from his music and extensive business ventures across Africa. Mr Eazi is heavily involved in several businesses and investments, which are the main drivers of his wealth. 

His businesses include emPawa Africa, a talent incubator and independent music company. PawaPay a UK-based fintech startup; it has seen rapid growth, processing over $1 billion. BetPawa, a sports betting company where Mr Eazi serves as CEO of Choplife Gaming. Zagadat Capital, an investment fund launched by Mr Eazi to back African tech startups, including emPawa Africa, BetPawa, Decagon, and PawaPay. Real Estate, he is a real estate investor, notably developing a housing estate in Kigali, Rwanda.

6. P-Square – Net Worth: $30 million (Combined)

The duo of Peter and Paul Okoye (Mr. P and Rudeboy) built their fortune together before disbanding and reuniting. Their combined wealth places them high on the list, drawing from their long-standing career and various solo ventures.

7. Olamide – Net Worth: $25 million

As a rapper and founder of the YBNL Nation record label, Olamide has a solid financial foundation. His influence in the industry and smart investments contribute to his wealth.

8. Timaya – Net Worth: $15 million

Estimates for Nigerian singer Timaya’s net worth in 2025 is $10 million. His wealth is built on a successful career as a singer and songwriter, as well as business investments and endorsement deals.

As the founder of DM (Dem Mama) Records, Timaya has a long and successful career in music, blending dancehall, ragga, and Afrobeat. He earns revenue from his music catalog, streaming platforms, and album sales.

He has secured lucrative endorsement deals with several brands. His brand partnerships have included Glo, Hennessy, Coca-Cola, and Amstel Malta. In 2025, he added a new beverage endorsement with Maltina to his portfolio.

=9. Rema – Net Worth: $10 million

As one of Nigeria’s youngest musical millionaires, Rema’s swift rise to global fame and highly streamed hit songs have quickly established his wealth. He has also secured endorsement deals with brands like Pepsi and Tommy Hilfiger.

=9. Flavour – Net Worth: $10 million

Flavour, also known as Chinedu Okoli, has a long and successful career as a highlife musician. He generates income from music sales, royalties, and streaming services, with his YouTube channel alone having garnered over 1.1 billion views. He is a highly sought-after artist for concerts and events across Africa, Europe, and the diaspora, which brings in substantial income from live performances. In November 2024, Flavour signed a joint distribution deal with Warner Music Africa and Africori, which will boost the reach and profitability of his future music releases.

Flavour is the owner of this record label 2Nite Entertainment, through which he manages his music and promotes other artists. He is an avid real estate investor, with reports of him purchasing a $3 million mansion in Dallas, Texas, in 2022. He has secured high-profile endorsement deals includes brands like Life Beer, Bullet Energy Drink, and Flat Tummy Co. In September 2024, it was reported Flavour’s song “Game Changer” was featured in an episode of the TV series Power Book IV: Force; earned him over ₦1 billion in royalties. 

=10. Tiwa Savage – Net Worth: $10 million

As the most successful female artist, she commands high earnings through music, endorsements, and global brand partnerships. The “Queen of Afrobeats” has secured her position through her successful music career, international appeal, and major endorsement deals with brands like Pepsi and L’Oréal.