Nigeria's music industry has been on a worldwide streaming binge as one of the quickest developing businesses across the country. The business has likewise created a portion of the globe's most loved performers. Riding on the platform of overall prevalence, the Afro Beats class enlivened by Nigeria has impacted the overall impression of Africa and particularly Nigerian music for good.

The business' prosperity can be credited to Nigerian performers, for example, Wizkid, Don Jazzy, Phyno, Tuface Idibia, Davido, and others. This article will catch the main 8 most extravagant / richest Nigerian performers in 2022, their total assets as per Forbes, and their way of life decisions. A portion of the performers that came to our 2022 rundown was likewise on our top most extravagant performers in 2021 and 2020.


1. Davido-Net worth is $40 million

Nigerian-American David Adeleke is the most extravagant Nigerian performer in 2022, with a weighty total assets gauge of $40 million. Forbes likewise marked the DMW director as an Afrobeats hotshot by FORBES in 2020. Notwithstanding his silver spoon foundation, he has acquired his position in the music business with critical hit sounds, for example, 'Fall,' 'Affirmation,' 'If,' and 'Dami Duro.

For every one of his recordings on Youtube, Davido records a normal 20 million perspectives. As the child of quite possibly of Nigeria's most well-off men, Chief Adeleke, Davido is endorsed to Sony Records, a name that has housed Tiwa Savage, Tekno, and others.

Without a doubt, the Afrobeat star is perhaps Africa's most conspicuous performer. Davido's business discernment in music permitted him to beauty the Forbes Africa 30 Under 30 rundown in 2018. He is as of now one of the most mind-blowing selling music specialists in Africa and around the world.

He has marked numerous effective specialists like Mayorkun, Dremo, Peruzzi, and others under the DMW record name.

Since his ascent to acclaim, Davido has won various honours, including BET and MTV grants. He has likewise marked a few supports with MTN and Guinness Nigeria, charming him to different brands and further supporting his monetary portfolio.


Davido's endorsements

David signed an endorsement bargain worth N30 million with MTN on April 6, 2012.

He signed a multi-tycoon manage Guinness for the 'Guinness universe of more show' on October 24, 2013.

Davido signed an endorsement to manage Infinix Versatile on May 9, 2018.

David turned into the brand ambassador for Martell Cognac in 2021(€12 million)

David is the brand ambassador for Playstation. He announced the deal on March 14, 2022.

Davido's homes and vehicles

Davido`s possesses two known extravagant homes; his home in Banana Island, Lagos, which costs a detailed

Rolls Royce Cullinan 2019 (₦350 Million)

Bentley Bentayga (₦108 Million)

Bentley Mainland GT (₦95 Million)

Range Wanderer SV Collection of memoirs (₦98 Million)

Land Cruiser Toyota (₦30 Million)

David charges nothing under 10 million for each show, as per reports. His essential type of revenue to have total assets of $40million is his music and support.


2. Wizkid-Net worth is $30 million

Wizkid is the second most extravagant performer in Nigeria, with an astounding evaluation of $30 million starting around 2022, as per reports. The afrobeat vocalist and father of two is the primary Nigerian to have sold out the 02 fields UK three days straight. He has broken many records since beginning his introduction single, Holla at your kid.

An honour-winning vocalist, Wizkid's musical ability procured him coordinated efforts with global craftsmen like Canadian rapper Drake in 2016 (One Dance), which entered the Guinness book of record for the most played melody on Spotify.

His tune with Beyonce on her 'Lion Ruler: Gift collection,' 'Earthy coloured Skin Young lady,' won a Grammy grant for Best Music Video.

Last year, 2021, his hit collection "Made In Lagos" recorded a smash hit as his single "Substance" highlighted Terms earned worldwide respect and beat diagrams. The embodiment was named for a Grammy grant as Best Worldwide melody of the year yet lost to Angelique Kidjo.

Wizkid has become well known in the business and packed away various underwriting bargains, which have added to his gigantic monetary achievement and total assets.

Wizkid's endorsements

Wizkid turned into a brand ambassador for Ciroc in 2018

Wizkid stowed an endorsement manage Pepsi, Guinness, and Techno

Wizkid was also stuck as a brand ambassador for MTN, GLO, and UBA

Wizkid got endorsement deals with Nike, Panther, and Dolce and Gabbana


Wizkid house and cars

Wizkid has a luxurious mansion in Surulere worth about N13 million and another situated in the US, Los Angeles, specifically. Among Wizkid's vehicle collections are:

BMW X6 crossover (₦8.7 million)

Porsche Panamera (~₦50.8 million)

Lamborghini Urus (₦80 million)

Used Mercedes Benz G63 AMG (₦55 million - ₦65 million)


3. Don Jazzy-Net worth is $20 million

Micheal Collins Ajereh aka Don Jazzy is the third most richest artist in Nigeria. The pro maker, mark record proprietor, and vocalist has delineated his way in the music business and laid down a good foundation for himself as a power.

The Chief Executive Officer of Mavins record, Don Jazzy is valued at a faltering $20 million bucks as indicated by reports, and this has impacted his way of life decisions and inclinations.

His vocation in music got into force after he made Mo-hits records-an organization he helped to establish with Oladapo Daniel Oyebanjo prevalently known as Dbanj.

The Mo-hits records made hits in the music business with its top craftsmen; Wande Coal, D'prince, Dr Sid

Nonetheless, things turned sour and the Mo-hits bunch became outdated. In any case, the finish of Mo-hits was the start of something greater.

On May 7, 2012, Don Jazzy's own record mark MAVIN RECORDS was conceived.

The record mark has recorded immense accomplishments with artists like Ayra Starr, Rema, Pastel, Ladipoe, Magixx, Korede Bello, Johnny Drille, and others.

As a matter of fact, Tiwa Savage was the principal Sovereign of Mavin records before she continued on to join the General gathering.

Don Jazzy has been a beneficiary of grants, for example, Maker of the year for the tune named euphoric, pop something, and Mr Blessed - Headies 2011.

He likewise gained an exceptional appreciation grant - City Individuals Diversion 2015 and Maker of the year for the tune named "Dorrubucci" at the Headies 2014.

In view of Don Jazzy's most extravagant artist in Nigeria status, the Mavins Chief has left no stones unturned in settling on the sound way of life decisions concerning vehicle and house assortments.


Don Jazzy's vehicles

2016 Cadillac Escalade(N40 million)

Bentley Mainland Flying Spur(N90 million-N120 million)

Range Wanderer Sports(N67million - N80million)

Porsche 911 Carrera(N₦1.9million - ₦68million)


4. Burna Boy-Net worth of $20 million

Damini Ebunoluwa Ogulu, otherwise known as Burna Boy, is Nigeria's fourth most extravagant performer, with total assets of $20 million out of 2022. He was perhaps of the most extravagant craftsman/artist in 2021 and 2020 who came to the rundown.

The Grammy grant-winning vocalist, rapper, musician, and artist is one of the heralds of the Afrobeat sort across the globe. The Stream state indigene, Burna Kid, rose to public praise in 2012 after he delivered 'Like to Party' from his presentation collection L.I.F.E.

Somewhere in the range of 2019 and 2022, Burna Boy won Best Global Demonstration at the 2019 BET Awards and was reported as an Apple Music Up, Next artist. At the 2020 Vodafone Ghana Music Awards, he was regarded as African Artist of the year. Around the same time, Burna's collection Two times as Tall was selected for similar classification at the 63rd Yearly Grammy Awards, making him the primary Nigerian with progressive designations at the Grammys.

By 2021, Burna Boy sacked the Best World Music Album at the 63rd Yearly Grammy Awards, a first for a Nigerian independent artist.

The "Odogwu" singer as of late recorded enormous accomplishment with "last," the most memorable single from his impending 6th studio album 'Love, Damini'; which appeared at number 1 on the UK Afrobeats diagram.

Burna Boy is the primary artist on the planet with two hits to the top at number 1 on the graph.

The melody, 'Last last' is on other streaming stages, with north of 4 million streams on Spotify. In April, Burna Boy shut down Madison Square; he turned into the primary Nigerian music artist to feature a sold-out show in Madison Square Nursery in New York, USA.

Each ticket for the show sold remained at nothing under $80 on a normal of $2250. Burna Boy apparently raked N3 billion naira from the show.


Burna Boy's home and vehicles

As per reports, the "Kill dem" artist got himself an 8-room colourful chateau at Lekki in Lagos. The artist likewise claims a costly carport of vehicles, including;

Burna Boy Reach Meanderer Autobiography(N26 million-N38 million)

2022 Lamborghini Urus Novitec Release( N332million)

Burna Boy 2013 Ferrari 458 Italia(N120 million)

Burna Boy Rolls-Royce Sunrise Convertible(N125 million)




5. Tuface Idibia-Net worth is $18 million

Innocent Ujah Idibia, aka 2Baba, 2Face, is the fifth most extravagant performer in Nigeria, with expected total assets of $18 million starting around 2022.

He was likewise on our 2021 rundown of Nigeria's main 8 most extravagant/richest artists.

An indigene of Benue State, 2Face has become one of Nigeria's incredible Afropop craftsmen

He started his profession with the Plantashun Boiz bunch, after which he set out alone. The African Sovereign singer was endorsed by Kenni's Music, and it was there he delivered his most memorable music collection, 'African Sovereign'.

African Queen was the melody that got him to noticeable quality in 2004. From that point forward, 2Face has reliably transformed the business with different hits, for example, 'Amaka,' 'Oyi,' and etc.

He is likewise a beneficiary of 70 honours/awards, including; the MTV Music Awards, Headies, and BET Awards.

2Face is a pleased proprietor of fascinating houses in Lagos; Ikeja, Festac, Lagos Island, and the US. The 'Amaka' artist works really hard not to blow his trumpet on the armada of vehicles he possesses.

2Face Idibia claims a Ferrari Car, Toyota Land Cruiser, and Chevrolet Corvette Car. The vehicles cost a sum of (~₦142milion-₦177 million)

6. Psquare-Networth is $16 million

Peter and Paul Okoye are perhaps the richest duos in the country, with expected total assets of $16 million joined. The twin music artists became popular after they framed their Psquare duo.

Peter and Paul were brought into the world in November 1981; in Jos, Level State. In 2003 they delivered an album named "Last Nite." This album was named their "enormous break."

P-square was doing perfectly in those days; they would energize 15 million nairas for a show.

They had proactively assembled their music profession to a lucky level until their relationship was stressed, and they headed out in different directions.

The Split-up and Reunion


At the point when the duo separated in 2016, they had various names, Mr P and Rudeboy.

Their dubious split had their senior brother Jude Okoye A.k.a Engees, amidst everything. As per reports, as their chief, he was feeling significantly better about his work after they headed out in different directions.

After very nearly 6 years of fighting, the duo returned together last year and accommodated to do a tune / song together.


Mr P vehicles

Mr P owns an elegantly outfitted condo in Banana Island Lagos, and it is worth N1.5 billion naira. He likewise possesses costly vehicles, including:

Range Rover(₦50 million-₦82 million)

G Wagon(N70 million-N180 million)

Avoid Challenger(N8 million-N36 million)

Porsche 718 Cayman(N36 Million-N62 Million)


Rudeboy house and vehicles

Rudeboy possesses a costly property in Parkview Bequest, Ikoyi Lagos, Nigeria. He additionally has several vehicles, including:

Bentley Bentayga(N80 million-N170 million)

Mercedes-Benz GLE43 AMG 4MATIC Coupe(N36 million-N90 million)

Lamborghini Aventador Roadster(₦140 million - ₦282 million)

Lamborghini Huracan(₦80 million - ₦120 million)


7. Olamide-Net worth is $15 million

Olamide Adedeji, aka Baddo Sneh, is the seventh most extravagant Nigerian artist in 2022, with expected total assets of $ 15 million. Olamide was brought into the world on Spring fifteenth, 1989, in Bariga, Lagos State.

The native rapper is notable to sing generally in his local language Yoruba, an element that has charmed him on the roads.

Olamide started his introduction to music with the Coded Tunes mark yet right now runs his record name YBNL Nation, creating artists like Asake, Fireboy DML, Jayboi, and others.

In 2012 Olamide's music acquired unmistakable quality after the arrival of his melody, Eni Duro. His 2011 collection, Rapsodi, likewise acquired him an additional point in the business.

In 2012 Olamide's music acquired conspicuousness after the arrival of his melody, Eni Duro. His 2011 collection, Rapsodi, likewise acquired him an additional point in the business.

Rapsodi was trailed by YBNL, his subsequent collection highlighting a few singles that got more distinction in a brief time frame.

The 'Anifowose' singer has 10 collections to his name and north of 40 Eps. He has additionally packed away a few honours in the Nigerian music industry, like the Best Native Craftsman and Collection of the year.

As of late 2021, he collaborated with road ability, Versatile, on his melody 'Zazoo Zeh.' The tune has gotten national praise and awards.

Olamide has likewise indicated that his next group of work might be his last. He said he's putting on final details to make it "the best." After 'Boisterous,' the rapper noticed that he would drop just singles from now on.

Olamide houses and vehicles

Olamide owns two rich manors in Lekki and Bariga, Lagos. His carport is likewise loaded up with costly vehicles, including:

Range Meanderer Sports (#15 million)

Mercedes-Benz G Cart (~₦23 million)

Range Meanderer Sports V8 (₦84 million - ₦90 million)

Toyota Venza (#6 million)

Rolls-Royce Apparition (~₦204 million)


8. Phyno-Net worth is $ 12 million

Azubuike Nelson, aka Phyno, is Nigeria's eighth richest artist, with expected total assets of $12 million in 2022. The Anambra state conceived at first needed to turn into a clinical specialist, however, his melodic ability beat his grandiose desire.

What's more, today, beginning around 2003, when he started his music career, Phyno has gone about as a maker for such notable stars as Flavor, Timaya, Mr Raw, and others.

Phyno and Olamide Baddo share something practically speaking; they rap in their native language. Furthermore, they are additionally dear companions.

Phyno is a beneficiary of Awards, including the best tune of the year grant and the best collabo.

He likewise has music coordinated efforts with Flavor in the tune, 'Doings' and a collaboration with DJ Kaywise to convey the banger, 'Expressway' in 2020.

Toward the finish of 2020, Phyno delivered his tune's true video, 'For The Cash,' including Perruzi. 'For The Cash' came soon after delivering his 2020 introduction single, 'Never.

He made his acting presentation in Genevieve Nnaji's 'Lionheart' in 2018. Phyno sacked support manages Nairabet, Nigeria distilleries, Airtel Broadcast communications, and others.


Phyno's vehicles and houses.

He is the glad owner of a 1,000,000 naira level duplex at Chevron Drive. The loft purportedly cost about ₦170 million and has 3 rooms.

Phyno supposedly claims a ₦70m extravagance house in Enugu - his old neighbourhood. He likewise possesses a showy rundown of vehicles.

Bentley Mainland GT(₦73.7 million)

Rolls Royce Phantom(₦170 million)

Toyota Avalon(₦13 million)

Range Wanderer sport(₦90 million)












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