One of the notable aspects of Nigerian musicians is their ability to amass considerable wealth through their craft. While their primary source of income is music, many have diversified their investments and ventures, resulting in substantial fortunes. Here’s a rundown of the top 10 richest musicians in Nigeria in 2024, along with their estimated net worth and impressive car collections:
1. Davido – $90 Million
Davido, the leader of the 30BG gang, holds the title of the richest musician in Africa, with a staggering net worth exceeding $90 million. Apart from his music career, Davido owns the HKN music record label, where he has signed numerous Nigerian artists. His luxurious lifestyle includes properties in Banana Island and a mansion in Georgia, USA. Davido’s penchant for luxury cars is evident from his collection, which features top-notch vehicles like the Rolls Royce Cullinan, Bentley Bentayga, and Porsche Panamera Turbo S, among others.
2. Wizkid – $70 Million
Wizkid, the owner of Starboy Entertainment, commands a net worth of $70 million. Alongside his music endeavors, Wizkid owns a mansion in Surulere and Los Angeles. His car collection boasts extravagant rides such as the Rolls Royce, Lamborghini Urus, and Maybach, reflecting his affinity for opulence.
3. Don Jazzy – $55 Million
Don Jazzy, the renowned record label boss, has amassed a fortune of $55 million through his contributions to the Nigerian music industry. His impressive real estate portfolio includes mansions in Lekki, Banana Island, and Los Angeles. Don Jazzy’s collection of luxury cars includes models like the Porsche 911 Carrera, Bentley Continental, and Mercedes Benz E350, showcasing his refined taste.
4. Burna Boy – $40 Million
Burna Boy’s net worth stands at $40 million, solidifying his position as one of Nigeria’s wealthiest musicians. With his rise to international fame, Burna Boy has acquired a multimillion-naira mansion in Lekki. His car collection includes iconic vehicles like the Rolls Royce Dawn Convertible, Ferrari 458 Italia, and Mercedes Benz G-Wagon, reflecting his status as a global music sensation.
5. Timaya – $35 Million
Timaya, also known as the “plantain boy,” has amassed a net worth of $35 million during his illustrious music career. His luxurious lifestyle includes a mansion worth 250 million in Lekki. Timaya’s car collection is equally impressive, featuring models like the Porsche 911 Carrera, Range Rover Sports, and Mercedes-Benz GLE, showcasing his penchant for luxury vehicles.
6. D’banj – $30 Million
D’banj, popularly known as the “Koko Master,” boasts a net worth of $30 million. Despite his education at Oxford University, D’banj pursued a successful music career in Nigeria. His collection of vehicles includes notable models like the Aston Martin Vintage and Toyota Jeep, reflecting his eclectic taste in cars.
7. 2Face Idibia – $27 Million
2Face Idibia, with a net worth exceeding $27 million, has established himself as one of Nigeria’s most prominent musicians. His diverse real estate holdings include mansions in Lagos Island, Festac, and Ikeja. 2Face’s car collection features vehicles like the Chevrolet Corvette Coupe and Toyota Land Cruiser Prado, reflecting his status as a music icon.
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8. Flavour – $23 Million
Flavour, the highlife/Afro-pop singer, boasts a net worth of $23 million. His collection of cars includes prestigious models like the Lexus LX 570 and Range Rover Vogue, reflecting his taste for luxury and elegance.
9. Olamide – $21 Million
Olamide, the popular Nigerian rapper and YBNL music boss, has amassed a net worth of $21 million. His properties include two mansions in Lekki and Bariga, Lagos. Olamide’s garage features vehicles like the Mercedes-Benz G-Wagon and Rolls-Royce Phantom, showcasing his success in the music industry.
10. Phyno – $20 Million
Phyno, the talented rapper from Anambra, boasts a net worth of $20 million. His real estate portfolio includes a 3-bedroom duplex in Chevy View Estate, Chevron Drive, Lekki, and a mansion in Enugu State. Phyno’s collection of cars includes luxury models like the Rolls-Royce Phantom and Bentley GT Coupe, reflecting his affluent lifestyle.
In conclusion, while this list highlights some of Nigeria’s wealthiest musicians and their lavish lifestyles, it’s important to note that it’s not exhaustive. These musicians serve as inspirations for aspiring artists, showcasing the potential for immense success in the Nigerian music industry.