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What is Davido’s net worth?

Net Worth:	$50 Million
Age:	31
Born:	November 21, 1992
Gender:	Male
Height:	1.68m (5 ft 6 in)
Country of Origin:	Nigeria
Source of Wealth:	Professional Musician
Last Updated:	December 27, 2023

Table of Contents

Introduction

Davido, also referred to as OBO the Baddest, is a prominent American-Nigerian musician, songwriter, and record producer.

He creates music with a blend of traditional African elements and mainstream pop and, along with Wizkid, is one of the most well-known musicians in Nigeria.

His popularity amongst his fans, together with the fact that he hails from a powerful Nigerian family, contribute to Davido’s enormous wealth.

As of January 2024, Davido’s net worth is estimated to be $50 Million.

Davido Facts

Davido is a Nigerian singer and songwriter based in the USA and Africa.
He rose to fame with the release of his hit single “Dami Duro” in 2011.
Davido won numerous awards for his music, including three MTV Africa Music Awards.
He is known for his energetic stage presence and catchy Afrobeats sound.
Davido is also the CEO of his own record label, Davido Music Worldwide.

Early Life

David Adedeji Adeleke was born November 21, 1992, in Atlanta, Georgia, United States.

His mother, Vero Adeleke, was a university lecturer, while his father, Adedeji Adeleke, is a rich Nigerian businessman.

Davido, the second son born to his father and the youngest of five children, attended the British International School in Lagos.

He returned to the United States at the age of 16 to enroll at Oakwood University in Alabama to study business administration.

While attending Oakwood, Davido acquired musical instruments and began producing beats, cofounding the musical group KB International with his cousins B-Red and Sina Rambo.

Davido relocated to London to improve his vocals after quitting Oakwood University to devote himself to music full-time.

To respect his father, Davido decided to suspend his music career after moving back to Nigeria in 2011 and enrolled at Babcock University.

He received a music degree from Babcock in July 2015 after his father sponsored the school to establish a music department for a single-student inaugural class.

Career

Davido started making his debut studio album, Omo Baba Olowo, in 2011, after returning to Nigeria.

To create this album that combines Afrobeats and hip-hop, Davido worked with well-known artists including Jay Sleek, Maleek Berry, Spellz, and Shizzi.

Artists like Sina Rambo, B-Red, Kayswitch, NaetoC, 2 Face ldibia, and others made appearances as guests on his album.

The album was released in 2012 and got unfavorable reviews from music critics; however, it was nominated for Album of the Year at The Headies in 2013 and won Best R&B/Pop Album.

The album was nominated for Best Album of the Year at the 2013 Nigeria Entertainment Awards.

Shizzi produced the song “Gobe,” which Davido released in 2013, with the song gaining popularity and reaching number two on Premium Times’ list of the year’s Top 10 singles.

The song’s music video was later made in South Africa and received over 40 million views on YouTube.

Davido finally released his second studio album named A Good Time on November 22, 2019. The album included popular songs including If, Fall, Assurance, and Risky.

Some of the guest appearances on the album included Chris Brown, Gunna, Dremo, and others.

A Better Time, Davido’s third studio album, was released in May 2020 with Nicky Minaj, Lil Baby, Nas, Chris Brown, and others making guest appearances.

FEM, the album’s debut song, gained 1.8 million YouTube views in less than 24 hours, making it the fastest-growing Nigerian music video to do so.

While Davido is not among the richest singers in the world, yet he’s young enough and popular enough to reach this milestone very shortly.

Davido’s Career Earnings

Along with endorsement partnerships, Davido has collaborated with several well-known companies, such as MTN and Guinness Nigeria.

Davido released several successful albums throughout his career, including “Omo Baba Olowo” in 2012 and “A Good Time” in 2019.

Here’s an estimated overview of Davido’s annual income:

Davido’s Salary In 2018 – $160,000
Davido’s Salary In 2019 – $150,000
Davido’s Salary In 2020 – $160,000
Davido’s Salary In 2021 – $185,000
Davido’s Salary In 2022 – $170,000

He won numerous awards for his music, including three MTV Africa Music Awards and the Best African Act award at the MOBO Awards.

In addition to his music career, Davido has also appeared in the Nigerian film “The Wedding Party 2” and has a strong social media presence.

Davido’s Net Worth Annually

He has been involved in philanthropic efforts, including building a school in his hometown and donating to the fight against COVID-19 in Nigeria.

Davido is known for his energetic stage presence and catchy Afrobeats sound, which has helped him gain a large and dedicated fan base.

Here’s a breakdown of Davido’s annual net worth:

Davido’s Net Worth In 2017 – $33 Million
Davido’s Net Worth In 2018 – $35 Million
Davido’s Net Worth In 2019 – $38 Million
Davido’s Net Worth In 2020 – $42 Million
Davido’s Net Worth In 2021 – $46 Million
Davido’s Net Worth In 2022 – $50 Million
Davido’s Net Worth In 2023 – $50 Million

He has also been recognized for his business acumen, serving as the CEO of his own record label, Davido Music Worldwide.

Personal Life

Davido started dating Sophia Ajibola Momodu, a socialite, model, and businesswoman, in 2013 and the couple gave birth to a girl named Aurora Imade Adeleke on May 14, 2015.

They split up soon after the birth of their child and, later in 2015, Davido began dating news anchor Amanda Mandy Adeleke, a model and reporter.

On May 9, 2017, their daughter Hailey Veronica Adeleke was born, with the couple separating later in that same year.

Davido then dated Chioma Avil Rowland, a model, chef, and social media influencer from Nigeria, in 2017.

Following two years of dating, the couple got engaged in 2019 and welcomed their first son, David Adedeji Adeleke Jr., on October 20.

Despite their plans to wed in 2020, Davido and Chioma ultimately went their separate ways by the year’s end.

Davido’s first son and third child, David Adeleke Jr., passed away on October 31, 2022, after having just turned three.

The child died at Davido’s home on Banana Island, Adedeji, in the private pool, after which the police questioned members of Davido’s domestic staff.

After one domestic worker initially went to the police station to report the Adedeji drowning accident, a total of eight domestic workers were taken to the station for questioning.

Six people were later released by the police after investigations since they were not proven to be responsible, while two others remained in custody.

You can follow Davido’s official Instagram account or official Twitter account to see what he’s getting up to next.

Awards & Achievements

Davido is known for his larger-than-life personality and is often in the news for his personal life and relationships.

He has been involved in controversies, including legal issues and public feuds with other celebrities, but has also shown a willingness to apologize and make amends for his actions.

Here are a few of the most significant events in Davido’s career:

On July 17, Spotify said that Davido had joined other Nigerian artists like Wizkid and Burna Boy in reaching the milestone of 1 billion streams on the service.
He also made his debut mixtape, Son of Mercy, available in 2016.
The album, A Better Time, released in May 2020, comprised 11 tracks altogether.
The single also topped the Nigeria Turntable Top 50 chart in 2020.
In 2020, the album A Better Time amassed over 213.2 million streams in one month.

Despite any controversies, Davido remains a popular and influential figure in the music industry, both in Nigeria and internationally.

He has frequently been featured on lists of the most influential people in Africa and has collaborated with a variety of artists from different countries.

How Does Davido Spend His Money?

There is no disputing the fact that Davido is among the wealthiest musicians in Nigeria and that he has been able to purchase some of the most expensive cars in the world for himself.

His automotive collection includes a Rolls Royce Cullinan, which he purchased at the end of 2018, a Bentley Bentayga, a Mercedes Benz G Class 450, a Porsche 911 Carrera, a Lamborghini Huracan, and many more.

He also owns one of the most expensive private jets in the world, purchased for him by his father.

Expensive real estate is something Davido enjoys and in 2020 he purchased a sizable mansion in one of Banana Island’s priciest neighborhoods.

He also owns a luxurious home in Lekki, Lagos, as well as a gateway house in Georgia, America.

Highlights

David’s rise to fame began in 2011 with the release of his hit single “Dami Duro”, which gained widespread popularity in Nigeria and beyond.

He followed up this success with the release of his debut studio album “Omo Baba Olowo” in 2012, which was a critical and commercial success.

Here are some of the best highlights of Davido’s career:

Davido released his debut single “Dami Duro” in 2011.
After releasing his debut studio album “Omo Baba Olowo” in 2012 he received much critical acclaim.
He was presented with the Best African Act award at the MOBO Awards in 2017.
In 2017, he appeared in the Nigerian film “The Wedding Party 2”.
Davido’s album, “A Good Time”, released in 2019 was a major critical and financial success.

In the following years, Davido released several more albums and singles, solidifying his position as one of the leading artists in the Afrobeats genre.

He has won numerous awards for his music, including three MTV Africa Music Awards, and has been recognized for his energetic stage presence and catchy sound.

Favorite Davido Quotes

In addition to his music career, Davido has also ventured into acting and philanthropy and serves as the CEO of his own record label.

Here are our favorite quotes from Davido:

“We rise by lifting others.” – Davido
“If you can’t be a king, build a king.” – Davido
“When you come to Nigeria you have to be ready and be quick.” – Davido
“Don’t take it for granted because tomorrow isn’t promised.” – Davido
“In this life, have money or else, you will suffer.” – Davido

3 Amazing Lessons From Davido

His strong social media presence and larger-than-life personality have helped Davido maintain a dedicated fan base and solidified his position as a prominent figure in the music industry.

Now that you know all about Davido’s net worth, here are some of the best success lessons to learn from Davido:

1. Persevere And Keep Working Hard

Davido has been making music for over a decade and has released several successful albums, singles, and music videos.

He has also won numerous awards and built a large and dedicated fan base, but this success did not come overnight and required hard work, dedication, and persistence.

2. Take Risks And Try New Things

In addition to his music career, Davido has also ventured into acting and philanthropy, showing a willingness to try new things and expand his horizons.

By taking on new challenges, he has diversified his career and opened up new opportunities for himself.

3. Build A Strong Team And Support Network.

Davido is the CEO of his own record label, Davido Music Worldwide, and has surrounded himself with a strong team of professionals who support and collaborate with him.

By building a strong team he can rely on the support that allows him to achieve greater success and reach new heights in his career.

Summary

Davido’s success as a Nigerian singer and songwriter, known for his catchy Afrobeats sound and energetic stage presence, has captivated a massive worldwide audience.

His release of several commercially successful albums and winning numerous awards have ensured that his career has taken off in Africa, Europe, and the United States.

As the CEO of his own record label and with his strong social media presence, Davido is widely recognized as a prominent figure in the international music industry.