Forbes' latest ranking of the top five richest Nigerian artists in 2025 has sparked mixed reactions online. Fans have taken to social media to express their opinions, with some questioning the authenticity of the list.

Forbes' Top 5 Richest Nigerian Artists in 2025

In 2024, Dklassgh.com published a report on the top 10 richest Nigerian musicians, detailing their net worth and luxury assets. However, the 2025 Forbes ranking has narrowed it down to the top five, leaving some fans surprised and others dissatisfied.

Here are the top five richest Nigerian artists in 2025, according to Forbes:

1. Wizkid (Ayodeji Ibrahim Balogun) – $50 million

The Starboy Entertainment boss leads the list with an estimated net worth of $50 million.

Recently, he added a second Ferrari worth ₦1.4 billion to his fleet of luxury cars.



2. Burna Boy (Damini Ebunoluwa Ogulu) – $40 million

The Grammy-winning artist and "African Giant" follows closely with a net worth of $40 million.



3. Don Jazzy (Michael Collins Ajereh) – $30 million

The CEO of Mavin Records, known for his influence in the Nigerian music industry, has a net worth of $30 million.



4. Davido (David Adeleke) – $15 million

The DMW boss and "Unavailable" hitmaker comes in fourth, with Forbes estimating his net worth at $15 million.



5. Olamide (Olamide Adedeji) – $10 million

The YBNL boss, who has played a significant role in pushing indigenous rap music, is ranked fifth with a net worth of $10 million.




Social Media Reactions to Forbes' Ranking

Forbes' ranking has not been well received by some fans, especially Davido's 30BG supporters, who claim the list is biased. Many believe Davido should have a higher net worth than the reported $15 million.

Here are some reactions from fans:

@misschidel: "30bingo 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 s.tupid post."

@joseph_dred: "Okay, Wizkid has $50M and Davido $15M? This must be a joke."

@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."


The heated debate over the rankings continues on social media, with fans divided over the authenticity of Forbes' figures.

What do you think about Forbes' ranking of the richest Nigerian musicians in 2025? Share your thoughts in the comments!