This article breaks down the richest Nigerian musicians’ list. It covers the top 5, top 10, and the full top 20 rankings. The rankings come from Forbes and other trusted sources that track the richest musicians in Nigeria in 2026. They look at money earned from streaming, tours, endorsements, and business deals.
Top 20 Richest Musicians in Nigeria 2026
Wizkid — Richest Musician in Nigeria
Wizkid is widely reported as the richest musicians in Nigeria based on available estimates. Having been born in 1990, Ayodeji Balogun is about 35 years old. Wizkid has around 132 million US dollars. He makes money from streaming royalties, tours, having his own record label company (Starboy), endorsing big brands, owning real estate and other assets. He lives in Nigeria but also spends time abroad.
Davido
Davido follows with 108 million dollars. The 33-year-old, born in 1992, earns money from his music, streaming, tours, his record label DMW, endorsements, investments, and real estate. David Adeleke is Nigerian, born in America, and lives both in Nigeria and the USA.
Davido remains one of the biggest Afrobeats stars in Africa. His success in streaming, endorsements, and touring keeps him among the richest musicians in Nigeria.
Burna Boy
The third artist on the list is Burna Boy. Damini Ogulu was born in 1991; thus, he is 34 years old. His net worth is approximately 95 million dollars. Burna Boy earns from streaming, his music, international tours, his own record label, merchandise, and other assets. He lives in Nigeria but travels a lot for tours and other work.
Don Jazzy
Don Jazzy is fourth. His real name is Michael Collins Ajereh, and he was born in 1982, so he is about 43 years old. He has about 90 million dollars. Don Jazzy makes money from owning his record label called Mavin, producing music, publishing, investments in technology and other businesses, endorsements, and real estate. He lives in Nigeria, but his business is, of course, international.
Tiwa Savage — Richest Female Musician in Nigeria
Tiwa Savage comes fifth. Tiwatope Savage was born in 1980 and is approximately 45 years old. She has a net worth of about 86 million dollars. Tiwa earns money from her music and royalties, international deals, tour performances, brand endorsements, and other businesses. She lives in Nigeria and the UK, since she was brought up there.
Baddo Olamide
Olamide is sixth on the list. Olamide Adedeji is about 36 years old since he was born in 1989. His net worth is 70 million dollars. Olamide earns from music streaming, owning his record label YBNL, endorsements, signing other artists, business ventures, and assets. He lives in Nigeria. Olamide has built YBNL into one of the most successful labels in Nigeria.
Rema — Youngest Rich Nigerian Music Star
Rema, whose real name is Divine Ikubor, is seventh among the richest musicians in Nigeria. He is young, in his mid-20s, and is considered one of the younger top stars. He has 55 million dollars. Rema makes money from streaming of his hit songs, record-label deals, brand endorsements, touring, and royalties from his album. He lives in Nigeria, but also reaches audiences globally because of streaming.
Phyno
Phyno, or Chibuzor Azubuike, is eighth. Born on the 9th of October 1986, which puts his age at 39 years exactly. He is worth about 42 million dollars. Phyno earns from music, regional influence, touring, endorsements, albums, streaming royalties, and real estate. He lives in Nigeria.
Mr Eazi
Ninth is Mr Eazi. Born as Oluwatosin Oluwole Ajibade in Port Harcourt on July 19, 1991 and aged 34 years. He is worth around 40 million dollars. Mr Eazi makes money from music and streaming, pan-African business projects like fintech and investments, earnings from emPawa and other entrepreneurial work, and endorsements. He lives in Nigeria but also works across Africa internationally.
Yemi Alade
Yemi Alade, whose full name is Yemi Eberechi Alade, is tenth. Though born in Abia on the 13th of March 1989 and aged 36 years, she is from the Akoko part of Ondo State. She has a net worth of 39 million dollars. Yemi earns from music and streaming, touring, endorsements, international collaborations, royalties, and assets. She lives in Nigeria but is active across Africa and the diaspora.
Full List of Top 20 Richest Nigerian Musicians
Flavour N’abania
Eleventh is Chinedu Okoli, better known by his stage name Flavour N’abania or just Flavour. Born in Enugu on the 23rd of November 1983 (age 42), Flavour has about 35 million dollars in net worth. He earns from music, concerts and live performances, especially highlife music, endorsements, albums and streaming, and he is popular across Africa. He lives in Nigeria and tours the continent.
2Baba
2Baba, formerly 2Face Idibia, whose real name is Innocent Idibia, is twelfth. The veteran artist was born in Jos on September 18th, 1975, which puts his age at 50 years. He has 35 million dollars in net worth. 2Baba earns from long-term music royalties, his legacy albums, endorsements, assets and real estate, and occasional tours. He lives in Nigeria and is regarded as one of the “most influential” and greatest Afrobeats artists ever.
Omah Lay
The thirteenth richest musician in Nigeria is Omah Stanley Didia, professionally Omah Lay. The youngster was born in Port Harcourt on the 19th of May 1997; he is 28 years old now. His net worth is put at 10 million dollars. He earns from streaming and music sales, performances, and endorsements. The songwriter and record producer lives in Nigeria.
Patoranking
Patoranking is the fourteenth of the richest musicians in Nigeria, with 9.5 million dollars in net worth. Born Patrick Nnaemeka Okorie on Children’s Day, May 27, 1990, age 35 years. He earns from reggae-dancehall and Afro-pop releases, concerts, endorsements, and streaming royalties. The award-winning musician lives in Nigeria and has fans all over Africa.
Naira Marley
Fifteenth is Nigerian-British singer, songwriter and rapper, Naira Marley. Azeez Adeshina Fashola was born in Badagry on 10 May 1991 (age 34 years). He has 9 million dollars in net worth. Naira Marley makes money from music, local concerts, social media, merchandising, streaming and digital revenue, and his record labels, Marlian Music and MOVES Recordings. The Nigerian street pop musician lives in Naija and is a key pioneer in the UK AfroBashment scene.
Kcee
Formerly in the hip-hop duo of KC Presh, Kcee, or Kingsley Okonkwo, is sixteenth with 8.5 million dollars in net worth. Born in Ajegunle on the 18th of April, 1979, he is 46 years old. His earnings come from music, concerts, possibly business ventures, and streaming royalties. He lives in Nigeria and earns both locally and from investments.
Mayorkun
Seventeenth is Mayorkun, real name Adewale Mayowa Emmanuel, with 8 million dollars in net worth. He is young and early in his career. The singer, songwriter, pianist and dancer earns from music, shows and concerts, streaming revenue, endorsements, and local popularity. He lives in Nigeria.
Zlatan Ibile
Zlatan Ibile, Omoniyi Temidayo Raphael, is eighteenth with a net worth of 7.5 million dollars. He was born in Ikorodu on 19th December 1994 and is 30 years old. Zlatan earns from music and streaming, record-label activities, endorsements, dance and Afro-street culture, concerts, and assets. The talented Nigerian rapper, singer, and songwriter lives in Nigeria.
Simi
Nineteenth is Simisola Bolatito Ogunleye, wife of Adekunle Gold. Simi was born in Ojuelegba on April 19th, 1988, making her 37. The singer, songwriter, and actress has 7 million dollars in net worth. She earns from music and streaming royalties, songwriting and publishing, endorsements, concerts and touring, and album income and assets. Simi lives in Nigeria as she’s Lagos born and bred.
Shallipopi
Finally, Crown Uzama, professionally called Shallipopi, is the twentieth richest musician in Nigeria. The young and emerging singer, rapper, and songwriter has a net worth of 5 million dollars. He earns from streaming and digital music revenue, hits and virality, brand deals, social media, merchandise, and early-stage asset building. Shallipopi lives in Nigeria.
Round Up
Wizkid, Davido, Burna Boy, and other top stars continue to dominate the richest musicians in Nigeria in 2026. Rising artists like Shallipopi are also making their mark and building impressive fortunes.
This Nigeria richest musicians net worth list is based on publicly available estimates, industry reports, and media rankings. Since different sources use different methods to calculate wealth, the order may vary.
Think of this as an editorial ranking of the top 20 richest musicians in Nigeria for 2026.
Do you agree with the list, or is there an artist you think deserves a higher spot?
Updated:
1 comment
MybestfansnaDavidoandWizkidandRema