A new ranking of the richest Nigerian musicians for 2025 has sparked controversy online as Forbes reportedly unveiled the top five wealthiest artists in the country.
In 2024, xorlali.com released a list of the top 10 richest Nigerian musicians, detailing their net worth and luxury assets. However, the latest Forbes ranking for 2025 has surprised many, leading to heated discussions among music lovers.
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Forbes’ Top 5 Richest Nigerian Musicians in 2025
- Wizkid (Ayodeji Ibrahim Balogun) – $50 million
- The Grammy-winning artist tops the list with an estimated net worth of $50 million. He recently made headlines after purchasing his second Ferrari, valued at ₦1.4 billion.
- Burna Boy (Damini Ebunoluwa Ogulu) – $40 million
- The “African Giant” and Grammy Award winner ranks second, boasting an impressive fortune of $40 million.
- Don Jazzy (Michael Collins Ajereh) – $30 million
- The Mavin Records boss secures the third spot with a net worth of $30 million, cementing his status as one of the most influential figures in Nigerian music.
- Davido (David Adeleke) – $15 million
- The DMW CEO and “Unavailable” hitmaker lands in fourth place with an estimated net worth of $15 million.
- Olamide (Olamide Adedeji) – $10 million
- The YBNL boss rounds out the top five with a net worth of $10 million, maintaining his strong presence in the industry.
Fans React to Forbes’ 2025 Ranking
The ranking has ignited mixed reactions, particularly among fans of Davido, who believe their favorite artist deserves a higher spot. Many have taken to social media to express their displeasure, with some accusing Wizkid’s fanbase (Wizkid FC) of manipulating the list.
Social Media Reactions:
- @misschidel: “30BG no go sleep this night oo.”
- @lorujuedalo37: “No one comes close to Davido, believe it or not.”
- @pocopills: “Eyaaaa, for una dreams abiiii!! 30BG, let’s gather here and laugh at this post.”
- @joseph_dred: “Okay, Wizkid has $50M and Davido $15M? Something is off.”
- @amma_of_30bg: “FC creating their own happiness. Mad oh!”
- @officialpassmark: “Dey play. This one na Wizkid FC Forbes.”
- @bennywins__: “Wizkid: We make money from music. Music doesn’t make money from us.”
- @bendo_kreative: “For my eye last year, Davido collected $10M twice.”
- @steepeterr: “Davido and audio money.”
The debate continues to trend online as fans passionately defend their favorite stars. What do you think about this list? Share your thoughts in the comments!
