It’s customary for Nigerian musicians to invest their hard-earned wealth in indulging in the finer aspects of life.
In this article, we present an insight into the top 10 Nigerian musicians who own the most expensive cars in 2024.
They inhabit opulent residences and cruise around in extravagantly priced automobiles. Curious about the luxurious rides favored by your favorite artists?
Let’s go 👇
1. DAVIDO
After Purchase Of 2022 Mercedes Benz Maybach, Davido Overtake Wizkid, and Burna Boy to Become Richest Musician With Most Expensive Cars
No doubt, Davido lives up to the name “Omo Baba Olowo” as he owns a fleet of luxurious cars and is extremely wealthy.
He recently acquired a 2022 Mercedes Benz Maybach worth almost 200 million NGN.
His other expensive car collection includes:
2021 Rolls Royce Cullinan (approx. ₦163.3 million)
Lamborghini Huracán (approx. ₦120 million)
Bentley Bentayga 2018 (approx. ₦112 million)
Range Rover Sport 2017 (approx. ₦40 million)
Mercedes-Benz GLE class 450 (approx. ₦50 million)
Porsche 911 Carrera (approx. ₦35 million)
Mercedes-Benz G-Wagon (approx. ₦30 million)
Lamborghini Urus (approx. ₦114 million)
Audi R8 Coupe (approx. ₦25 million)
2. WIZKID
Ayodeji Balogun, popularly known as Wizkid is one of the famous faces in the Nigerian entertainment industry.
With a net worth estimated at 7.3 billion NGN, Wizkid is one of the richest artists in Nigeria.
He has won several awards including Artist of the Year (Headies), Best International Art Africa (BET), etc.
He owns a fleet of expensive cars including:
Mercedes Benz G63 AMG ₦60 Million.
BMW X6 (N11 Million)
Porsche Panamera N13 Million (Was Crashed In An Accident)
Bentley Continental GT Speed Convertible: ₦45- ₦50 Million
Lamborghini Urus (Over ₦101 million)
Porsche Cayenne (₦18 million)
2022 Ferrari SF90
3. BURNA BOY
Burna Boy Rose came to starlight after the release of his hit single “Like to Party” in 2012, which is the lead single in his first studio album in 2013 titled “L.I.F.E”.
He has made tremendous progress ever since and now has a net worth of over whooping $10 million (₦3.8 billion). Burna Boy is also a Nigerian music artist who loves flamboyant cars.
His expensive car garage contains cars like:
Bentley Continental GT (over 50 million NGN)
Range Rover Autobiography SUV (over 38 million NGN).
2013 Ferrari 458 Italia (88 million NGN)
Rolls-Royce Dawn Convertible( 200 million NGN)
Mercedes Benz G-Wagon (over 60 million NGN)
Mercedes-Benz S-Class (70-85 million NGN).
4. TIWA SAVAGE
Tiwa Savage is the music queen of the Nigerian music industry with a net worth of $5 Million. Tiwa Savage has released hit tracks that have won her numerous awards.
She is a brand ambassador to different brands like Nestle Maggi chicken cubes, Forte Oil, Pepsi, and Konga.
Tiwa Savage has shown that Nigerian female artists are in no way behind in enjoying luxury like their male counterparts.
She owns beautiful rides like
Rolls Royce Phantom (120 million NGN)
Bentley Bentayga (70-90 million NGN)
Mercedes Sprinter Bus (70-80 million NGN)
5. DON JAZZY
The Mavin Records boss, Don Jazzy is another Nigerian artist who owns a fleet of expensive cars.
He is a Nigerian record producer, singer, businessman, songwriter, and the current CEO of Mavin Records Label.
Don Jazzy is one of the wealthiest artists in Nigeria, he even has a private jet.
His car collection includes:
2016 Cadillac Escalade (65-75 million NGN)
Bentley Continental Flying Spur (50-65 million NGN)
Range Rover (55-70 million NGN)
Toyota Prado (60-65 million NGN)
Lexus LX570 (65-75 million NGN)
Porsche 911 Carrera (70-80 million NGN)
6. OLAMIDE
The Baddo Master, also known as Olamide is a prominent artist who has various awards under his belt, the likes of “Album of the year”, “Best indigenous artists” as well as many nominations.
He has released various hit music and even featured in some. Olamide is crucial to the rise of one of Nigeria’s fast-rising artists Portable Zazu.
His car garage is graced with various exotic cars from different brands:
Land Rover Range Rover Sport (over 60 million NGN)
Mercedes-Benz G-Class (over 65 million NGN)
Rolls Royce Phantom (over 100 million NGN)
7. D BANJ
Oladapo Daniel Oyebanjo, better known by his stage name D’banj is one of the top icons in the Nigerian music industry.
This celebrity is a musician, a record producer and a songwriter.
He has released major hit songs that have earned him international recognition and awards.
His expensive car garage includes cars like:
Rolls Royce Wraith (over ₦180 million)
Porsche Carrera (₦33.2million)
Dbanj Ferrari F430 (approx. ₦68million)
2 Aston Martin Vantage (₦50 million each)
Rolls-Royce Ghost: ₦96M
Mercedes Benz SL500 (₦30.8 million)
8. P-SQUARE
Most Nigerians are familiar with the name P-square. P-square consisting of Peter and Paul Okoye are two twin brothers who are talented in the music industry.
Though the duo split before, it was a good relief for their fans when they came back together last year.
Peter and Paul Okoye are individually wealthy individuals with expensive car collections:
Range Rover (55-70 million NGN)
Jeep Wrangler (50-70 million NGN)
Mercedes Benz G-Wagon (60-75 million NGN)
Dodge Challenger (65-70 million NGN)
Porsche 718 Cayman (55-70 million NGN)
BMW X5 (60-78 million NGN)
9. NAIRA MARLEY
Naira Marley whose real name is Azeez Fashola, is a popular Nigerian singer, songwriter and music producer.
Naira Marley fans call themselves Marlians, and Naira Marley himself is proudly the Marlian President.
He is the CEO of Marlian Records, a popular record label where he releases his award-winning hits.
The Soapy crooner loves to cruise around in expensive cars:
2014 Bentley Continental GT (worth ₦50 million)
Mercedes-Benz G-Wagon (worth ₦24 million)
Porsche Panamera (worth ₦16 million)
Mercedes-Benz C300 4Matic (worth ₦33 million)
Mercedes-Benz S-Class (worth ₦30-35 million)
10. TEKNO
Tekno has a unique and stunning voice that has won the hearts of his fans. He is a famous and fast-rising Nigerian artist. His experiences in car collection include:
Range Rover HSE – ₦32 million
Lamborghini Aventador – ₦155 million
Mercedes Benz CLS 550 – ₦30 million
Bentley Continental GT – ₦75 million
Mercedes Benz S550 Coupe – ₦42 million
Unlimited Rubicon Jeep Wrangler- ₦40 million
CONCLUSION
Nigerian music artists are indeed successful and wealthy. They have a luxurious fleet of cars to cruise around anytime they are not busy in the studio.
Nigerian musicians stand out as some of the most exceptionally talented artists globally. They have not only been a premier source of entertainment for audiences of all ages within Nigeria but have also garnered international acclaim.
The 21st century’s technological advancements have further amplified their reach, allowing Nigerian artists to leverage the internet to make their music go viral on a global scale. This surge in online visibility translates to increased streaming, ultimately leading to augmented financial gains for these musical maestros.
Given the exceptional talent and success of Nigerian artists, a significant number of them boast music streaming statistics that soar into the millions, contributing substantially to their overall wealth.
Beyond music, these artists diversify their income streams, securing mega-million endorsement deals and managing personal businesses.
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