Despite being born into a rich family, Nigerian singer Davido has worked to earn his own money, fame, and assets. But how much is his personal net worth?
Davido whose real name is David Adedeji Adeleke but mostly known by his moniker OBO is an American Nigerian singer and record producer.
On March 31, 2023, OBO released his fourth studio album dubbed “Timeless” through Davido Music Worldwide, Columbia Records, and Sony Music Entertainment. Despite being Amapiano predominantly, the album explores other musical styles such as Afrobeats, Dancehall, Ragga, Konto, Highlife, and Afropop.
Davido’s “Timeless” album was a collaborative effort with some of the biggest names in the industry, and the result was a project that resonated with fans worldwide, reflecting the impressive figures and numbers achieved with the album.
The album has been well-received across the globe and even broke so many records one of which is the highest number of album pre-orders by an African artist that was a position previously held by Burna Boy with his Grammy-winning album “Twice as Tall”, Per Africa News.
Whenever Davido’s music profession is being discussed one thing that comes to mind is his assets. He is arguably among the few with the most successful music career in Africa.
It is evident that David’s fame didn’t come cheap. For Davido, singing just comes naturally if you combine his talent and hard work. It’s a product of hard work dedication, hustles, and grinding all masterfully crafted into one. Yes, Davido is wealthy but how much is his fortune right now and how does he make his money?
|Net Worth:||$10 million to $50 million|
|Full Real Name:||David Adedeji Adeleke|
|Date of birth:||November 21st, 1992|
|Profession:||Singer, songwriter, and record producer|
|Revenue||300,000 per month|
|Source of Wealth:||Music, endorsement|
What is Davido’s net worth?
Davido is one of the richest and highest-paid African musicians from Nigeria. In his country, he joins the likes of Wizkid, Burna Boy, Don Jazzy, PSquare, Olamide, and EMoney just to mention a few, as the wealthiest performers in Nigeria.
How much is Davido’s net worth right now? David Adeleke, popularly known as Davido has a net worth of $10 million (approximately ₦4,605,870,460.00 in naira), per Celebrity Net Worth. Other sites also peg his fortune at $50 million, adding that he makes a monthly revenue of $0.3 Million+ and a yearly salary of $4 Million+
The Nigerian star is a popular singer, songwriter, humanitarian, philanthropist, and multiple award winner artist. He makes his money from tours, show performances (both private and public), online music streams, and other endeavors just to mention a few.
Davido co-owns the HKN music record with his brother, and they have artists like Peruzzi, Sir Banko, Mayorkun, Dremo, Ichaba, Yonda, Dj ECool, Idowest, and some others signed to the label. Davido has bagged multiple awards in his music career from the Headies, MTV music, and a lot more others, he also has dealt with companies such as AXE, Infinix Etc.
Was Davido born into a rich family?
Davido is an American-born Nigerian singer, songwriter, and record producer. Davido was born in Atlanta, US, and raised in Lagos. The successful musician was born on November 21st, 1992. Davido is the youngest of five siblings and his father’s second-born son.
Davido is a Nigerian musician that came from a rich family but that did not stop him from having earned his fame money. He is the son of a business mogul and billionaire known as Adedeji Adeleke.
Davido has always been known to praise his father with the phrase “Omo baba Olowo”. Translated from Yoruba, “Omo Baba Olowo” means “the child of a wealthy father.” Davido’s seminal album alluded to the affluence of his dad, whom he touts as one of Nigeria’s richest men.
How much does Davido make and charge?
One major avenue artists make money from their craft is through performances, tours, and collaboration. They charge significant amounts to grace a stage to perform for the crowd.
According to TooXclusive, Davido made over a million dollars today for his performance at FIFA World Cup Final Draw.
How much is Davido charging per show? He charges a fee of $500,000 per show and not only that, the organizer of the event must provide some other facilities before he can honor the invite. Some of these facilities include a Private jet (for him and his manager alone) and 14 flight tickets for his band.
Davido makes money from endorsements as well
The majority of Davido’s fortune comes from brand endorsement as his ambassadorial deals run from millions to tens of millions, per ShoutMeCelebs.
How many endorsement deals does Davido have? Davido currently has an endorsement deal with Martel which is a French Cognac and one of the biggest companies that produce Cognac in the world. He also has an endorsement deal with Wema Bank after raising $600,000 on Instagram.
David over the years of his illustrious 10 years musical career has bagged several seals of approval. from companies like Hong Kong base, mega mobile manufactures Infinix
Davido’s endorsement list includes…
- Davido PUMA endorsement deal
- Davido Wema Bank endorsement deal
- Davido Martell Blue Swift endorsement deal
- Davido Pepsi endorsement deal
- Davido Travelbeta endorsement deal
- Davido Close Up endorsement deal
- Davido Guinness Nigeria endorsement deal
- Davido Mtn Pulse endorsement deal
- Davido Pampers endorsement deal
- David Adedeji Adeleke Infinix mobile endorsement
- Davido 1xbet endorsement deal
- Davido PUMA endorsement deal 2021
Where does Davido live?
The singer is a proud owner of 2 houses, one in Atlanta, Georgia, USA which cost him $20 million and the second house is the N140 million mansion at Lekki, Lagos State, Nigeria. It was reported that the house has two floors aside from the basement, a Jacuzzi, a swimming pool, and a well-equipped Gym.
He also bought an N45 million mansion for his music producer and friend Shinji.
Davido will soon live in his new house in Banana Island
After spending so many years in Lekki, Davido is set to move to his dream house with an elevator in Banana Island, Lagos, Davido is yet to disclose the purchase price of this new luxurious home.
What cars does Davido have?
Davido doesn’t hesitate to show off his wealth on social media. In fact, he has an impressive car collection. He has a number of exotic automobiles in his garage; some of his cars include Lamborghini Aventador, Lamborghini Huracan, Audi R8 Coupe, Mercedes-AMG G63, Mercedes-Maybach GLS600, Porsche Panamera Turbo, Porche 911 Carrera, Rolls Royce Cullinan, Bentley Bentayga, Range Rover Sport, Sprinter Bus, Hilux pickup, etc.
Does Davido own a private jet?
Davido is also one of the youngest Nigerians to own a private jet, a Bombardier Global Express 6000. Davido’s private jet price is approximately $62 million, per Carmart. It requires maintenance of about N252,000,000 to N1,440,000,000 each year. There are rumors that this jet belongs to his dad – Adedeji Adeleke. Davido’s dad also has a Bombardier Challenger 605 as another of his jet acquisitions.