He is best known for fusing African and global mainstream pop elements. He began his professional singing career while studying at university, and after finishing his studies, he began to gain attention with his early music.
Davido has established himself as one of the most prominent singers in the world over time, and as a result, he has become the wealthiest Nigerian singer, with a net worth of $40 million.
From 2013 to 2016, Davido released a slew of hit singles that catapulted him to international stardom. In January 2016, he signed a deal with a well-known Sony Music label.
Shortly after, the singer decided to launch his record label, Davido Music Worldwide (DMW), to which he signed artists such as Dremo, Mayorkun, Peruzzi, and Liya.
According to a report in the English magazine New African magazine, Davido was named one of the “Top 100 Most Influential Africans” in 2019. So, in this post, you will learn about Davido’s total net worth, lavish lifestyle, and much more.
|Net Worth||$40 Million|
|Age||30 years old|
|Annual Salary||$20 Million +|
Who is Davido?
Davido (born November 21, 1992) as David Adeleke in Atlanta, the United States of America to the rich and wealthy Nigerian family of Dr. Adedeji Adeleke, a co-founder of the Adeleke University in Osun state and the CEO of Pacific Holdings Limited.
He attended British International School in Lagos and at the age of 16, he moved to Alabama, US, to study business administration at Oakwood University.
He bought musical equipment while at Oakwood and started making beats. He also worked with his cousins B-Red and Sina Rambo to form the music act KB International.
Davido dropped out of Oakwood University to pursue music full-time and relocated to London, where he worked on his vocals.
After returning to Nigeria in 2011, he paused his music career and agreed to honor his father by enrolling at Babcock University.
In July 2015, he graduated with a second-class upper from Babcock with a degree in music after his father paid the university to start a music department for an inaugural class of one student.
In October 2011 Davido announced himself to the world with the release of his hit single “Dami Duro“, produced by Shizzi. While releasing the video for Dami Duro in January 2012 it became the talk of the town enjoying massive airplay across Nigeria.
The Dami Duro singer released his debut studio album on July 17, 2012, Omo Baba Olowo (Child of a Wealthy Person) under the HKN Music Record Label.
The album was filled with hit songs as it gained him more fans, since then, he has released countless singles which have brought him popularity, money, and international recognition.
Davido was the executive producer of OBO and worked with other producers like Jay Sleek, Spellz, Maleek Berry, and others. It featured popular musicians like Sina Rambo, Ice Prince, Kay Switch, B-Red, 2 Face, and Naeto C.
In 2019, Davido released his second studio album titled “A Good Time”, while in 2020 he released his third Studio Album titled “A Better Time“. The Album since its release in 2021 has gone to achieve over 400 million streams on digital platforms. Stand strong davido was released in 2022, which has, over the last ten months, become a massive trend in Nigeria and internationally.
Which record label is Davido signed to?
Davido is currently the CEO and owner of DMW, a Record Label he launched in 2016 after he signed up with Sony music inc to distribute his music catalogs and songs on the international market.
Relationships and Personal Life
Who is Davido’s wife?
David is currently engaged to his fiancée, Chioma Avril Rowland, who was the mother of his now late first son Ifeanyi Adeleke, who was born in 2019 the two celebrity couples made their relationship public on April 24th,2018 which was also Chioma’s Birthday.
He also released a single in 2018 titled “Assurance”, a song he dedicated to his then-girlfriend and now Fiancee and Babymama. Chioma was also a video vixen for the official music video of the song Assurance.
Before Dating Chioma Avril Rowland, the superstar singer has been involved with four other women, Sophia Momodu his first baby mama.
David and Sophia got attached in 2015 and in the course of the relationship, Imade Adeleke was born.
Sophia Momodu is a well-known entrepreneur.
While his second baby mama is Amanda, who is based in Atlanta, USA. They have a child known as Hailey Adeleke.
Ayotomide Labinjo according to reports, dated Davido way before he came a music superstar. They have a child, Mitchell Anu Adeleke.
Larissa Lorenco is Davido’s alleged 5th baby mama, she made headlines in October 2020 when her baby bump photos hit the internet. she is allegedly expecting a child for the singer.
Cars and Houses
The Assurance singer has two mansions in Lagos Nigeria, one of them is located in Lekki, Lagos, while his second mansion is located in Banana Island worth N800 millionaire.
And a getaway mansion in Georgia, USA. his car collection is dazzling with:
Rolls Royce Cullinan: The singer bought this 2019 model luxury car at the end of 2018 and the cost of the car is N350 million.
Bentley Bentayga: Davido spent roughly N112 million on this beautiful 2018 model but sadly he bashed his car in early 2019.
Range Rover Sport: This is another beautiful 2017 model SUV in his garage which cost him around N84 million.
Mercedes Benz G Class 450: In 2016 he purchased GLE 450 which is powered by a 3.0-liter bi-turbo V6 engine that delivers 362 horsepower. The price of the car is N50 million.
Porsche 911 Carrera: 911 is one of his favorite cars and it cost him an estimated N35 million.
Mercedes Benz G Wagon: This super-luxury SUV was purchased by Davido back in 2013 and the price of the car is N30 million.
Lamborghini Huracan: The singer bought this car in October 2020 and the cost of the supercar is N150 million.
Davido also owns many other cars including, Bentley Continental GT cost N95 million, Porsche Panamera Turbo S (N22.8 million), Range Rover SV Autobiography (N98 Million), Chevrolet Camaro (N9.4 million), Audi R8 (N23.4 million), Lamborghini Urus (N75 million), Audi Q7 (N12 million), and Toyota Land Cruiser (N30 million).
According to some reports, Davido also owns a Private Jet, becoming him the youngest Nigerian to own one. The Jet was purchased by his father and it cost around $62 million.
Music Awards and Recognitions
- Best Newcomer Award, Kora Awards, 2012
- Best International Act: Africa, BET Awards, 2014
- Promising Youth Artist, Dynamix All Youth, 2011
- Best Male West African, African Muzik Magazine Awards, 2014
- Artists of the Year, African Muzik Magazine Awards, 2014
- Best Male Artiste of the Year, MTV Africa Music Awards, 2014
- African Artiste of the Year, Ghana Music Awards, 2014
- Musician of the Year (Male), City People Entertainments Awards, 2014
- Artiste of the Year, The Headies, 2018
- Artiste of the Year, The Headies, 2014
- Hip Hop World Revelation, The Headies, 2013
- Next Rated, The Headies, 2012
- Male Artist of the Year, Nigeria Entertainment Awards, 2014
- Best Pop/R&B Artiste of the Year, Nigeria Entertainment Awards, 2013
- Best New Act of the Year, Nigeria Entertainment Awards, 2012
Apart from income coming from his music and album sales, Davido’s net worth over the years has been fortified by signing a Billion dollar worth of Endorsement deals.
- On April 6, 2012, Davido signed its first-ever biggest music deal with MTN Nigeria worth N30 million.
- On October 24, Davido also bagged a deal with Guinness Nigeria.
- While on the 9th of May, 2018, Davido signed another Endorsement deal with Infinix Mobile, a Hong Kong-based Smartphone company.
- “On May 1, 2021, Davido was unveiled as a brand ambassador to leading betting company, 1XBET as its brand ambassador.
During the occasion, he revealed he is a massive fan of soccer while urging Nigerians to check out the state-of-the-art 1xbet App which ranks amongst the best betting apps around.”
Davido Net Worth
Davido is currently the second richest musician in Nigeria with an estimated net worth of $40 million dollars as of 2022. His major source of wealth comes from the Digital sales of his hit songs, albums, sold-out shows, Youtube music videos, and Endorsement deals.
He also makes millions of dollars from his music videos as he is the only Nigerian artist with over 750 million Youtube video views.
Other sources of his wealth come from endorsement deals which include the likes of MTN, Guinness Nigeria, and Infinix Mobile.
In December 2021, he and his manager in a now-deleted post revealed the artist made over $20 million dollars.
People Also Ask for FAQs
How much is Davido now?
Davido is currently the second richest musician in Nigeria with an estimated net worth of $40 million dollars as of 2022.
How old is Davido?
Davido was born on the 21st of November 1992, in Atlanta, he is 30 years old.
How much Davido make in a year?
Davido’s per-year income is roughly $20 million dollars.