7 Richest Rappers In Nigeria (2025): Net Worth, Bio, & Music Career Highlights

Nigeria's hip-hop and rap scene has evolved into a major force in African music, producing globally recognized talents. These Nigerian rappers are not only celebrated for their lyrical genius and unique styles but also for amassing substantial wealth through music, endorsements, businesses, and global recognition.

In this blog, we highlight the 7 richest rappers in Nigeria in 2025, including their net worth, biographical background, and career milestones.

Top 7 Richest Rappers in Nigeria (2025)

Rank	Name	Estimated Net Worth	Notable Achievements & Career Highlights
1	Olamide	$15 million	YBNL boss, multiple hit albums, brand deals, and music empire.
2	Phyno	$12 million	Rapper and producer known for indigenous rap, multiple endorsements.
3	M.I Abaga	$10 million	Lyricist and former Chocolate City boss, major deals and tours.
4	Falz	$8 million	Lawyer-turned-rapper, actor, and activist with film and brand investments.
5	Reminisce	$6 million	Indigenous rapper with a loyal fanbase, movie roles, and street hits.
6	Ice Prince	$5 million	Known for "Oleku", international collabs, and past endorsements.
7	Vector	$4.5 million	Lyrical genius with endorsement deals and tech/music brand partnerships.

1. Olamide (Baddo) – $15 Million

Label: YBNL Nation
Highlights: A rap icon who revolutionized street music in Nigeria. Olamide’s influence extends beyond rap with artists like Fireboy and Asake under his wing. He’s signed multiple endorsement deals with brands like Glo, Guinness, and Itel.

2. Phyno – $12 Million

Real Name: Chibuzor Nelson Azubuike
Style: Igbo and English rap
Career Highlights: Phyno rose to fame with his fusion of local dialect and mainstream rap. He has collaborated with top stars like Olamide and Flavour and owns real estate and a studio business.

3. M.I Abaga – $10 Million

Real Name: Jude Abaga
Highlights: M.I is one of Nigeria’s most respected lyricists. Former CEO of Chocolate City, he has also worked with international artists and secured corporate partnerships.

4. Falz – $8 Million

Real Name: Folarin Falana
Highlights: Falz combines law, comedy, music, and acting. Known for social-conscious rap, he starred in movies and has major brand endorsements including MTN and Hennessy.

5. Reminisce – $6 Million

Nickname: Alaga Ibile
Career: Known for blending Yoruba and English rap. His gritty, local sound appeals to grassroots fans. He also starred in King of Boys and runs a music label.

6. Ice Prince – $5 Million

Real Name: Panshak Zamani
Breakout Hit: “Oleku”
Highlights: Ice Prince gained international recognition and has toured globally. He has worked with French Montana and Sarkodie and held various endorsement deals.

7. Vector – $4.5 Million

Full Name: Olanrewaju Ogunmefun
Style: Intellectual and wordplay-driven
Highlights: Vector is known for rap battles and lyrical dominance. He’s an ambassador for brands like Hennessy and actively supports tech and music startups.

Frequently Asked Questions (FAQ)

Question	Answer
Who is the richest rapper in Nigeria in 2025?	Olamide, with an estimated net worth of $15 million.
Which Nigerian rapper owns a record label?	Olamide (YBNL), M.I (formerly Chocolate City), and Reminisce.
Are Nigerian rappers internationally known?	Yes, rappers like Ice Prince, M.I, and Phyno have global collaborations.
Which rapper acts in movies too?	Falz and Reminisce have featured in major Nollywood films.
Do Nigerian rappers get endorsement deals?	Absolutely—top brands like MTN, Hennessy, and Glo often endorse them.

Conclusion

Nigerian rappers are not just artists—they’re entrepreneurs, cultural icons, and trendsetters. With growing global influence, the wealth and reach of these rap stars continue to expand. From Olamide’s YBNL empire to Falz’s multi-sector presence, these rappers define success in the Nigerian music industry.