Richest Stars in Nigeria: Who Makes Bank Monthly in 2025?

₦222 million weekly. That's what Victor Osimhen pulls in at Galatasaray.

Meanwhile, Wizkid's monthly income? Around $400k to $670k (that's like ₦600 million to ₦1 billion monthly). And these guys aren't even the only ones making serious money.

You've been wondering who's really eating good in the Nigerian entertainment scene, right? I mean, we see the private jets, the Rolls-Royces, the diamond chains. But how much are these stars actually making per month?
The Money Game Has Changed (Big Time)

Gone are the days when Nigerian entertainers relied only on album sales. Today's stars are building empires through multiple income streams - music streaming, tours, endorsements, and smart investments.

Take Davido for instance. While precise figures fluctuate, estimates place Davido's net worth between $40 million and $100 million. That's not from music alone. His primary income streams include music royalties, endorsements, and business ventures.

The crazy part? These numbers keep growing. Like, exponentially.
Breaking Down the Monthly Bags: Who's Making What?
Wizkid - The Starboy's Monthly Count

Forbes' latest ranking of the top five richest Nigerian artists in 2025 has sparked mixed reactions online. But one thing everyone agrees on? Wizkid is killing it.

Monthly earnings: $400k - $670k (₦600 million - ₦1 billion) Yearly estimate: $5-8 million Net worth: As of 2025, Forbes listed Wizkid as the richest musician in Africa with a net worth of $50 million (N75 billion).

The guy just owns a luxurious mansion in Ikoyi, Lagos state, worth N5 billion. Plus, he was the first African artist to reach one million Twitter followers.
Davido - OBO's Money Moves

Here's where things get interesting. While some sources claim lower figures, As of 2024, Davido is ranked by Forbes as the richest artist in Africa, with an estimated net worth of $100 million.

Monthly earnings: $830k+ (₦1.2 billion+) Yearly estimate: $10 million+ Assets: On April 4, 2024

The Adeleke heir has amassed an impressive 694.5 million streams on Boomplay, over 2 billion streams on Spotify, and approximately 1.7 billion views on YouTube.
Burna Boy - The African Giant's Payday

Burna Boy's finances are a bit mysterious, with net worth estimates varying from $20 million to $90 million. But the consensus? He's making bank.

Monthly earnings: $420k - $580k (₦630 million - ₦870 million) Yearly estimate: $5-7 million Net worth: Around $40 million (mid-range estimate)

The Grammy winner isn't just about music. His global tours and endorsements keep the cash flowing steadily.
Rema - Young Star Banking Heavy

At just 24 years old, Rema is proving age is just a number when it comes to making money. As of 2024,

Monthly earnings: $125k - $208k (₦187 million - ₦312 million) Yearly estimate: $1.5 - $2.5 million (from all sources) Performance fees: $500k - $1 million per show

The "Calm Down" crooner earns approximately $0.003 to $0.005 per stream. With over 4 billion streams across platforms, do the math. Plus, in November 2023, he sold out the O2 Arena in London, making him the youngest African artist to do so.
Victor Osimhen - Football's Money Machine

Now, this is where sports meets entertainment-level wealth. Galatasaray, where Victor Osimhen is on loan for the 2024/25 season, has confirmed he earns €125,000 per week (over ₦222 million).

Weekly earnings: ₦222 million Monthly earnings: ₦888 million - ₦1.5 billion Yearly estimate: $12-18 million (including endorsements)

The striker's salary has been more than doubled to 10 million euros ($11 million) per season, with a release clause between 120 million and 130 million euros. Talk about securing the bag!
The Real Money Makers: Income Sources That Matter
Music Streaming Numbers

These artists aren't playing when it comes to streaming. Davido alone has over 2 billion Spotify streams. At roughly $0.003 per stream, do the math. That's serious money before we even talk about Apple Music, Audiomack, or Boomplay.
Endorsement Deals Hit Different

In 2021, he signed a lucrative endorsement deal with Martell Nigeria, reportedly worth $5 million - that's just one of Davido's many deals. Wizkid? He's got Pepsi, MTN, and GLO in his portfolio.
Tours and Shows

Pre-COVID, these guys were charging $50k to $100k per show. Post-pandemic? The numbers have gone up. International shows? Even higher.
Business Ventures

They're not just artists anymore. They're CEOs. Record labels, fashion lines, tech investments - these stars are diversifying like proper businesspeople.
What This Means for Upcoming Artists

Seeing these numbers might feel overwhelming if you're an upcoming artist. But here's the truth - every single one of these stars started from somewhere.

The game has changed though. You can't just drop music and expect to blow. You need:A solid online presence (not just Instagram)
Multiple revenue streams from day one
Smart networking (who you know matters)
Business sense (or at least a good manager)
The Lifestyle That Comes With It

Let's be real - these guys aren't saving everything. Davido has splashed an estimated currency of over $5 million on Luxuries, since attaining fame. From custom jewelry to the latest whips, they're living the life many dream of.

But it's not all flash. In 2021, he famously raised ₦200 million for orphanages across Nigeria, to which he added ₦50 million from his own funds. These stars give back too.
Industry Secrets Nobody Talks About

Here's what most people don't know - the real money isn't always in Nigeria. International deals, diaspora shows, and foreign streaming numbers often account for over 60% of these earnings.

Also, those Instagram flexes? Sometimes they're strategic. A well-timed luxury purchase announcement can lead to more bookings and higher performance fees. It's all part of the game.
The Bottom Line

Nigerian entertainers have stepped up their money game massively. We're talking about young men in their 20s and 30s earning what some corporations don't see in revenue.

But remember - for every Wizkid or Davido, there are thousands still grinding. The difference? These guys turned talent into business empires.

The Nigerian entertainment industry isn't just competing locally anymore. These numbers prove our stars are world-class earners. And honestly? This is just the beginning.

Want to know the craziest part? In five years, we'll probably look back at these numbers and laugh at how "small" they were.