What is Davido Net Worth? BILLZONTHESTREETS has its own take.
David Adedeji Adeleke, better known by his stage name Davido, is a Nigerian singer, songwriter, and record producer who was born in the United States. Davido combines traditional African themes with current pop music from throughout the world.
Other pseudo names associated with Davido include 001, Baddest, and O.B.O (Omo Baba Olowo, a Yoruba acronym meaning son of a rich father). Davido was born rich, hence the O.B.O alias attached to his name.
What is Davido Net Worth?
It is quite easy to guess Davido’s net worth. The singer is worth a whopping $30 million. Yes. Davido made an average of $15 million in the last 3 years, coupled with multiple endorsement deals running into more millions. Let’s catch up with the breakdown below.
Davido Net Worth Summary
|Net Worth 2022||$ 30 million|
|Birth Name||David Adedeji Adeleke|
|Nationality||African – American|
|Date of Birth||November 21, 1992|
|Occupation||Singer, Songwriter, Record Producer|
|Years Active||2009 – Present|
|Associated Labels||HKN, DMW, Sony Music Africa|
|Music Genres||Afrobeats, Afro Pop, Pop, ElectroPop|
On November 21, 1992, in Atlanta, Georgia, David Adedeji Adeleke was born. Adedeji Adeleke, his father, is a business entrepreneur, and Vero Adeleke, his mother, is a university lecturer.
Davido is the second-born child of his father and the youngest of five siblings. He went to the British International School in Lagos, Nigeria, before returning to the United States to study business administration at Oakwood University in Alabama when he was 16 years old.
While at Oakwood, Davido began composing beats and purchased musical instruments. In addition, he formed the music act KB International with his cousins B-Red and Sina Rambo. Davido dropped out of Oakwood University to focus only on music and moved to London to improve his vocals.
When Davido returned to Nigeria in 2011, he put his singing career on hold and enrolled at Babcock University. He graduated from Babcock University with a bachelor’s degree in music in July 2015, as the first student in his class. The department had only recently been created when he entered.
Davido has released three studio albums, and one EP in his over ten years in the Nigerian music industry. He coined the popular saying “We rise by lifting others” as he is involved in many philanthropic acts across the country.
O.B.O has three children named Imade, Hailey, and Ifeanyi Adeleke. At one point, he was engaged to Chioma, the mother of his third child.
Davido Income Streams
The majority of David’s revenue comes from his music and endorsement deals.
DMW (Davido Music Worldwide) is a Nigerian music label founded by Afrobeats pioneer Davido. Dremo, Yonda, Peruzzi, Idowest, DJ Ecool, Deekay, May D, Deinde, Ayanfe, and Liya are among the recording artists who have signed with the label.
Fresh VDM and Speroach Beatz are also based there. Artists such as Ichaba, Lola Rae, Lil Frosh, and Mayorkun were previously signed to the label.
Davido has made profits from himself as an artist, as well as artists signed under the label. O.B.O has sold out the O2 arena in London many times, making him a fortune.
On the homefront, Davido commands huge sums as appearance fees for events across the globe. In the year 2021, the artist said he made $22.3 million, which obviously builds his net worth.
Davido is a show-stopper who has amassed enough wealth to be dubbed Nigeria’s richest artist. However, this is nothing compared to his father’s wealth. He featured in the theme song for the Qatar 2022 World Cup.
Davido has multiple endorsement deals with leading brands across the federation and the world at large. Some of these brands include the following:
- Viva Detergent
- Munch it Snacks
- Infinix Mobile
David Adeleke currently has three properties on the Island. His latest of the 3 mansions is his estimated $1.5 million personal home, situated on the high-brow banana Island. This home was unveiled in late 2021 and is massive.
Sujimoto developed and marketed this five-bedroom apartment in “The Giuliano”. It has an estimated gross floor area of 698sqm. It has the following features:
- Elevator in each unit
- Semi Olympic Swimming Pool
- Fully Automated
- Porcelanosa by Zaha Hadid/Duravit/Villeroy & Boch
- World-Class Gym
- Hi-Speed WIFI
- One Kitchen, One Kitchenette (Accessories by Miele or Bosch)
- 3 Living rooms & walk-In closet
- Sound Proof/Weather Resistant Sliding Doors & Windows
- 5 years warranty on all fittings
- 3.6m floor ceiling
Furthermore, the singer also has a vacation home in Atlanta, in the United States of America.
Davido Cars Collection
If any artist spends money acquiring luxury cars, Davido also qualifies as that artist. The singer has no parking space left for his luxury cars. Some of these cars include the below:
- Lamborghini Aventador sports car. This is the latest in the singer’s garage.
- Mercedes Benz G63 AMG
- Mercedes-AMG GLS63
- Audi R8
- Range Rover
- Porsche Panamera Turbo S
- Bentley Bentayga
- Rolls Royce Cullinan
- Luxury Sprinter Bus
In total, these utility sports vehicles and grand rides cost an estimated whopping $2 million.
In summary, you can tag Davido as one of the richest artists out of Africa, if not the richest. This is a result of hard work that spans over 10 years. Davido’s Net Worth of $30 million is justified, as explained in this article.