Forbes’ reported release of the top five richest artistes in Nigeria as of January 2025 has sparked massive reactions online.
This comes after Intel Region previously published a list of the top ten richest Nigerian musicians in 2024, detailing their net worth and car collections.
However, the list of top 5 Nigerian artistes for the year 2025 so far has been released by Forbes and by extension it did not go down well with some music lovers.
A list reportedly released by Forbes has sparked discussions online, ranking the top five richest artistes in Nigeria as of January 2025.
According to the report, Wizkid, born Ayodeji Ibrahim Balogun, tops the list with a net worth of $50 million. The singer, who recently acquired his second Ferrari worth N1.4 billion, maintains his status as the country’s wealthiest musician.
Grammy Award winner Burna Boy, born Damini Ebunoluwa Ogulu, follows in second place with a net worth of $40 million.
In third place is music mogul Don Jazzy, born Michael Collins Ajereh, the owner of Mavin Records, with a net worth of $30 million.
The fourth spot is occupied by “Unavailable” hitmaker Davido, born David Adeleke, who reportedly has a net worth of $15 million.
Rounding out the top five is YBNL boss Olamide, born Olamide Adedeji, with a net worth of $10 million.
The list has generated mixed reactions, with fans debating the rankings and questioning the absence of certain names.
However, the above Forbest net worth did not go down well with fans of popular Nigerian singer Davido as they claimed that it was curated by Wizkid FC; fans of Wizkid. See below;
misschidel : 30bingo no go sleep this night oo😂😂.
olorujuedalo37:No one come close to Davido, believe it or not.
pocopills: Eyaaaa for una dreams abiiii !!😂😂 30bg let’s gather here and laugh the s.tupid post 😂👏.
joseph_dred : Okay wizkid has $50M and davido $15M?🤣🤡.
amma_of_30bg : Fc creating their own happiness 😂😂😂😂Mad oh 😂😂😂.
officialpassmark : Dey play this one na wizkid fc forbe 😂😂😂.
bennywins__ : Wizkid: we make money from music. Music don’t make money from us 😂.
bendo_kreative: For my eye last year Davido collected $10 m twice.
steepeterr: Davido and audio money.