This Article Talks about Davido net worth in 2021. Let’s explore how the Nigerian singer makes his money and how he spends it.

Davido’s Net Worth Summary

Full Name David Adeleke
Stage NameDavido
Nationality Nigerian
OccupationMusician
Net Worth In 2021$70 Million

Davido, also known as OBO the Baddest, is a Nigerian musician. Along with Wizkid and other artists, he is a well-known musician in Nigeria, and his tenacity has helped him make a lot of money and boost his net worth.

In 2021, Davido’s net worth is believed to be $70 million.

David Adeleke is Davido’s true name. Davido is the son of Dr. Adedeji Adeleke, a well-known Nigerian millionaire and one of the country’s wealthiest individuals.

Davido’s net worth has steadily increased over the years as a result of his achievements in the music business.

Davido started his career in the music business at a young age, but it wasn’t until 2011 that he became a well-known public personality in the industry. Davido’s song “Dami Duro” became viral when it was released.

Clarence shot Dami Duro in Lagos, which Davido co-produced with Shizzi. In January of 2012, the song Dami Duro was released with a great visual.

Dami Duro became the buzz of the town after receiving a lot of airplay on various media outlets.

He’s been making his way into the music world since 2011 when he launched the smash “Dami Duro.” Dami Duro’s net worth has risen dramatically as a result of his song.

Davido is now one of the richest Nigerian musicians, with a massive net worth owing to his efforts in the music business, where he has released a lot of songs.

Davido Net worth

In 2020, Davido’s net worth was expected to reach $70 million. His net worth is still estimated to be $70 million as of January 2021, up from $16 million in 2019. Davido’s net worth is believed to be $70 million as of November 2021 as well.

Aside from hailing from a wealthy family, Davido is a hustler who wants to build his own money and fame rather than relying on his father’s fortune.

Many people are curious about Davido’s fortune, and others believe it stems from his father. Davido, on the other hand, has worked hard to make himself wealthy, as seen by his many endorsement agreements.

According to Forbes, Davido is one of the African singers that develops and releases songs that rank at the top of various music charts.

Forbes has compiled a list of songs that have regularly charted and marked cultural occasions for Africans on the continent and in the diaspora. Endorsements have poured in as a result of his work with a number of well-known businesses, including MTN and Guinness Nigeria.

Davido Endorsement deal

Davido is a brand ambassador for a number of multi-billion dollar corporations, including AXE, Travelbeta, Pepsi, MTN, and others.

Aside from his ambassadorship, Davido is enjoying the benefits of his tireless studio work, with a slew of multi-million dollar firms eager to sign him to an endorsement deal.

Davido inked an N30 million endorsement agreement with MTN, Africa’s biggest mobile network, on April 6, 2012.

Davido was then announced as the face of MTN Pulse, a youth-oriented marketing campaign in Nigeria.

On October 24, 2013, the Guinness Company supported Davido, who played among other notable Nigerian musicians like Olamide, Wizkid, Tiwa Savage, D’banj, and others at the “World of More Concert.”

He signed an endorsement contract with Infinix Mobile, a Hong Kong-based smartphone maker, on May 9, 2018.

Other sources of Davido’s Income

Music is Davido’s main source of revenue; he charges a lot of money for his concerts and events. It has aided in the growth of his net worth.

Davido charges between N10-N40 million for local gigs, while earning between $1000 000 and $200,000 for international performances, a significant sum to add to his net worth.

Davido, being a well-known artist, visits about 40 performances every year. When the number of shows stated is multiplied by the amount of money he earns, Davido’s hard work equals his net worth.

Davido’s YouTube videos have over 663 million views, a platform that has helped him raise his income and net worth.

Davido formed DMW in 2016, soon after negotiating a deal with Sony Music. Mayorkun was his first significant signing with DMW. Davido’s DMW became another source of money for him.

Even though he is generating money and expanding his net worth in the DMW, Davido has assisted in the development of many great artists in Africa.

“People fail to understand you can’t be on top forever,” Davido stated of DMW, “having these artists helps me stay afloat and be current with fresh material.”

To be clear, Davido is a young singer whose net worth is derived through his unwavering dedication to the music profession, not from his father’s fortune and celebrity, as some have thought.

Davido’s estimated net worth is $70 million.

Davido’s Lifestyle

Davido Sitting inside a jet
Davido Sitting inside a jet

Davido, who has a net worth of more than $25 million, is renowned for his lavish lifestyle. He is always bragging about his shiny and expensive possessions.

Davido’s Instagram accounts once posted a photo of his family’s private plane on social media, which drew a lot of praise and criticism from fans and detractors alike.

He also used Twitter to express himself. Bought already. It’s not souped it. It’s not soup; it’s grit and determination! Many complimented him, while others criticized him for his audacity.

Davido, who has a big net worth, enjoys life to the utmost; he once spent 30 million nairas ($80,000) on Rolex watches for his two children, bringing the total to 60 million nairas.

He also wore a Rolex watch that he purchased for his PA Santusgee in Dubai. Santusgee didn’t even bother to post about it on Instagram.

Davido post and on Instagram with the caption: THE PANDEMIC COULDN’T STOP ME! ROLLY GANG !#[email protected]!

In 2018, Davido surprised his girlfriend, Chioma Avril with an N45 million Porsche car as a birthday gift.

Prior to Chioma’s party on Monday night, the ‘FIA’ singer released a song called ‘Assurance.’

The automobile arrived with the number ‘Assurance’ on the license plate.

Guests were informed that the singer has known Chioma’ for five years and intends to spend the rest of his life with her.

Davido openly confessed his love for her at a bar on Sunday, stating, “I’m in love o.”

The singer also made fun of “so many niggas” who are “in love but afraid to express it.”

He then proceeded to express his greetings, promising: “Happy birthday, Baby girl!” Today and 2MORO are going to be great.”

Davido’s cars and houses

Davido net worth
Davido Sitting in front of his Rolls Royce

Davido has two houses in Lekki, Lagos, as well as a vacation home in Georgia, United States. Davido’s car collection is impressive, including:

  • Rolls Royce Cullinan 2019 (~₦350 million)
  • Bentley Bentayga (₦108 million)
  • Bentley Continental GT (~₦95 million)
  • Porsche Panamera Turbo S (~₦22.8 million)
  • Range Rover Sports (₦84 million – ₦90 million)
  • Range Rover SV Autobiography (₦98 million)
  • Chevrolet Camaro GS (₦9.4 million)
  • Audi R8 (₦23.4 million)
  • Audi Q7 (₦12 million)
  • Mercedes-AMG GLS63 (~₦45 million)
  • Mercedes G-Wagon (~₦21 million)
  • Toyota Land Cruiser (~₦30 million) several cars like a Porsche, Range Rover Sport and Chevrolet Camaro

Davido’s lavish lifestyle has led some to believe he is worth more than $70 million.

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