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Who is the Richest the one with the most highest net wort among Burna Boy and Davido and Wizkid.

The Nigerian music industry is one of the fastest-growing industries in Africa. Here is a list of the top 3 most talked about richest Nigerian musicians in 2022, ranked according to their net worth, awards, and investments.

The Nigerian music industry’s success can be attributed to Nigerian musicians such as Wizkid, Don Jazzy, Tuface Idibia, Davido, Burna Boy and others. These artists above have also produced some of the best trending songs in Nigeria in 2022.
This article captures the top richest Nigeria musicians among Davido, Wizkid and Burna Boy in 2022, their net worths, assets, and cars. This trending musicians that made it to our 2022 list were also among our top richest musicians in 2021 and 2020.

Wizkid – $30 million in net worth


Ayodeji Ibrahim Balogun aka Wizkid is the #1 richest musician in Nigeria in the top 10 richest musicians list in the country.
Wizkid’s net worth is estimated at $30 million as of 2022. The afrobeat singer and father of two is the first Nigerian to have sold out the 02 arenas UK three days in a row.
Since the debut album Holla at your boy, Wizkid has broken many music records on the national and international levels.
By taking a closer look at Wizkid’s strides throughout the year 2022, his rise to the top spot of the richest musicians in Nigeria 2022 would not come as a surprise. The 32-year-old, Essence crooner arrived in the Nigerian music industry in 2009 after he was signed into Empire Mates Entertainment.

On January 2, 2010, Wizkid made his debut album, “Holla at your boy” which bagged him the Next Rated award at The Headies 2011. By June 12, 2011-Wizkid’s “Superstar” studio album marked a turning point in his music career. The “Superstar” album ranks as best selling afrobeat album with over 5 million sales in copies between 2011-2012.

According to Apple Music, one of the biggest streaming giants around, Wizkid is “a representative for not only the sounds of Lagos but Afrobeats as a whole, Wizkid embodies the intersection of African influences and sonics from around the world—a blend of R&B, pop, and reggae that spans timelines and cultures with decidedly African roots.”

Starboy Wizzy

Labeled as most streamed Nigerian musician in the world; the richest musician in Nigeria..

Wizkid’s success is truly a global phenomenon – whose influence and that of others have recast Nigeria into a transnational music epicenter.
An award-winning singer, Wizkid’s music prowess earned him collaborations with international artists such as Canadian rapper Drake in 2016(One Dance), which entered the Guinness Book of Records for the most played song on Spotify.

His song with Beyonce on her ‘Lion King: Gift album,’ ‘Brown Skin Girl,’ won a Grammy award for Best Music Video.

Last year, 2021, his hit album “Made In Lagos” recorded raving success as his single “Essence” featuring Tems gained global recognition and topped the charts. Essence was nominated for a Grammy award as Best Global song of the year but lost to Angelique Kidjo.
Wizkid has made name for himself and bagged numerous endorsement deals, contributing to his immense financial success and net worth.

Wizkid’s house and cars

Wizkid has a luxurious mansion in Surulere worth about N13 million and another in the United States, Los Angeles, specifically. Among Wizkid’s car 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)

Davido-Net worth is $29 million

Nigerian-American David Adeleke is the second richest musician in Nigerian 2022, with a heavy net worth estimate of $29 million.
Forbes also labeled the DMW chairman as an Afrobeats superstar by FORBES in 2020. Despite his silver spoon background, he has earned his place in the music industry with significant hit sounds such as ‘Fall,’ ‘Assurance,’ ‘If,’ and ‘Dami Duro.
Davido’s debut single, ” Dami Duro” received massive airplay on every media outlet – the song was produced under the HKN record label.

For each of his videos on Youtube, Davido records an average of 20 million views. As the son of one of Nigeria’s wealthiest men, Chief Adeleke, Davido is signed to Sony Records, a label that has housed Tiwa Savage, Tekno, and others.

Undoubtedly, the Afrobeat star is one of Africa’s most prominent musicians. Davido’s business acumen in music allowed him to grace the Forbes Africa 30 Under 30 list in 2018. He is currently one of the best-selling music artists in Africa and worldwide.

He has signed many successful artists like Mayorkun, Dremo, Peruzzi, and others under the DMW record label. 

Since his rise to fame, Davido has won multiple awards, including BET and MTV awards. He has also signed several endorsements with MTN and Guinness Nigeria, endearing him to other brands and further boosting his financial portfolio.

Davido’s endorsements

  • David became 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 houses and cars

Davido owns two known luxurious homes; his home in Banana Island, Lagos, which costs a reported

  • Rolls Royce Cullinan 2019 (₦350 Million)
  • Bentley Bentayga (₦108 Million)
  • Bentley Continental GT (₦95 Million)
  • Range Rover SV Autobiography (₦98 Million)
  • Land Cruiser Toyota (₦30 Million)

David charges nothing less than 10 million per show, according to reports. His primary source of income to have a networth of $40million is his music and endorsements.

Burna Boy-Net worth of $20 million

Damini Ebunoluwa Ogulu, aka Burna Boy, is Nigeria’s 4th richest musician, with a networth of $20 million in 2022. He was one of the richest musicians in Nigeria through the 2021 and 2020 lists.
The Grammy award-winning singer, rapper, songwriter, and dancer is one of the forerunners of the Afrobeat genre across the globe. The River state indigene, Burna Boy, rose to national acclaim in 2012 after he released ‘Like to Party’ from his debut album L.I.F.E.
Between 2019 and 2022, Burna Boy won Best International Act at the 2019 BET Awards and was announced as an Apple Music Up, Next artist. At the 2020 Vodafone Ghana Music Awards, he was honoured as African Artist of the year. In the same year, Burna’s album Twice as Tall was nominated for the same category at the 63rd Annual Grammy Awards, making him the first Nigerian with successively nominations at the Grammys.

Oluwa Burna

By 2021, Burna Boy bagged the Best World Music Album at the 63rd Annual Grammy Awards, a first for a Nigerian solo artist.
The “Odogwu” crooner recently recorded massive success with “Last last,” his first single from his upcoming sixth studio album ‘Love, Damini’; which debuted at number 1 on the UK Afrobeats chart.
Burna Boy is the first artist in the world with two hits to peak at number 1 on the chart.
The song, ‘Last Last’ is on other streaming platforms, with over 4 million streams on Spotify. In April, Burna Boy shut down Madison Square; he became the first Nigerian music artist to headline a sold-out concert in Madison Square Garden in New York, USA.
Each ticket for the concert sold stood at nothing less than $80 on an average of $2250. Burna Boy reportedly raked N3 billion naira from the show.
Burna Boy’s house and cars
According to reports, the “Kill dem” singer bought himself an 8-bedroom exotic mansion at Lekki in Lagos. The singer also owns an expensive garage of cars, including;

Burna Boy Range Rover

Autobiography(N26 million-N38 million)
2022 Lamborghini Urus Novitec Edition( N332million)
Burna Boy 2013 Ferrari 458 Italia(N120 million)
Burna Boy Rolls-Royce Dawn Convertible(N125 million)

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