Davido is a legendary singer, songwriter, and record producer from Nigeria with a reported net worth of over $100 million. Davido was born in Atlanta, Georgia in November 1992. He’s an Atlantic boy who moved at a very young age, settled in Lagos, and debuted with his studio album Omo Bab Olowo in 2012.
In 2016 Davido released the EP Son of Mercy, while the single “Dami Duro” was one of his singles to hit in Nigeria. HKN Music is an independent record label owned by Davido and his elder brother, Adewale Adeleke. Among his various productions are the songs for Naeto C, Tiwa Savage, and Skales, among others.
He signed an endorsement deal with MTN Nigeria and teamed up with Guinness Nigeria in 2013 for the Guinness World of More concert. In 2016, he signed a deal with Sony Music, and lately, he created his label, Davido Music Worldwide. 2016, he was signed with RCA Records. In 2018, Davido inked an endorsement deal with smartphone maker Infinix.
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Davido Biography
Davido was born David Adedeji Adeleke in Atlanta, Georgia in November 1992, to a Nigerian family. He moved to Lagos at such a tender age that his interest in music developed while he was studying at the British International School, Lagos. His family didn’t support him at the onset, but his enthusiasm toward music did not die. He joined the music department at Oakwood University in Alabama, United States. His studies were, however, interrupted as he dropped out and started producing beats and vocals at home.
Davido source of income 2024
Indeed for a living, Davido establishes his mind at being a musical artist. His performances charge a colossal amount, making significant contributions to his net worth.
Davido charges between N10 million and N40 million for the local shows, and for the shows performed in abroad, between $100 to $600,000, a colossal amount to pace up his net worth.
Davido doesn’t do less than 40 shows a year. Davido’s work can be multiplied by the cash figure he takes for each show and by the number of shows. Above this fact, Davido’s net worth includes over 663 million views on his YouTube page. Of course, a platform that keeps increasing his money and net worth.
Davido is a musician who has managed to raise many talented musicians in Africa with the money that comes from his songs, thus increasing his net worth.
To explain further, Davido is a young musician whose high net worth is attributed to the inevitable hard work done in the music industry. Davido is a well-off musician, and his father is also rich and influential, but that would be wrong if that alone was to give him a high net worth.
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Awards and Recognition of Davido
In November 2023, he was nominated for three awards at the 66th Annual Grammy Awards for “Unavailable”, “Feel” and the album Timeless. In January 2024, Davido received three nominations at the 55th NAACP Image Awards.
Such talent, matched with Davido’s hard work, has earned him a stream of awards that include BET, MTV Africa Music Awards, and the highly prestigious MOBO Awards. All these recognize his status as a musician, increasing his marketability and earning potential.
The massive fame and influence attracted many endorsement deals from the big brands. He partnered with companies like MTN, Pepsi, Infinix, and Guinness, among others. Through such endorsement deals, he was able to expand his visibility and add millions to his wealth.
Apart from financial success, Davido is also involved in some philanthropic gestures. Through the Davido Adeleke Foundation, he has been able to give back a portion of his fortune towards some charitable causes, including education and health in Nigeria. These acts of philanthropy add up to his personality and influence but don’t put a dime more into his net worth.
For quite several years now, Davido has been churning out hit singles and albums that have topped charts across Africa and beyond. His music, characterized by rhythmic beats and resonating lyrics, has earned him millions of dollars from sales and streaming revenues. Among his popular tracks are “Fall”, “If”, “Fia”, and “Blow My Mind”. His albums, like “Omo Baba Olowo”, “A Good Time,” and “A Better Time”, have been commercial successes, further improving his earning potential.
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Davido Net Worth: Rise to Fame
In 2019, New African magazine named Davido as one of the 100 most influential Africans. His third studio album, A Better Time, was released on November 13, 2020. In a sense, coming from a wealthy family, Davido is a hustler who would like to make his own money and name and not depend entirely on his father’s wealth.
Many wonder where he gets his money from, while some link his riches and popularity to his father. However, in contrast, Davido has worked extremely hard to make himself wealthy because of the way he has been able to secure a lot of endorsement deals. In February 2021, he made an appearance on Time Magazine’s Time 100 Next List. He dropped Timeless, his fourth studio album, on March 31, 2023. He is a cultural ambassador to Nigeria and has held a remarkable position concerning speaking for human rights in Africa. One of the most followed African artists on both Instagram and Twitter.
Davido Net Worth: Davido record label
Davido founded his music label ‘Davido Music Worldwide in 2016. It is one of the most renowned Record Labels in Africa. The roster of artists includes Davido, Morravey, and Logos Olori. While that of producers includes; Speroach and Fresh VDM. With the changing times, DMW remained innovative and expansive to stay at the forefront of record labels in this part of the world, with the service rendered by the dedicated array of committed people that oversee its affairs.
Davido Net Worth: Davido Cars
Davido has a Mercedes-Benz Sprinter Van, which is valued at a whopping 77 million Naira. Of course, this van is used mainly for commercial purposes, but with the way Davido customized it and added his personal touch, it turned into an all-new level of extravagance and class.
The most impressive of his car collection is the Mercedes-Benz G63, which speaks for its power and versatility. This SUV costs a whopping 150 million Naira to match this luxury, the epitome of Davido’s affection in pursuit of high-speed cars that make a statement. He also acquired the Audi R8-114 million naira, Bentley Bentayga-190 million naira, Mercedes Benz Maybach GLS600 AMG-220 million naira, Lamborghini Aventador-400 million naira, Rolls Royce Cullinan Black Badge Edition-550 million naira.
Davido Net Worth: Davido Houses
Davido lives a very luxurious life that pictures him as rich. He has several properties in Nigeria and the United States, including a mansion in Banana Island, Lagos. His fleet of cars includes very expensive brands like Rolls Royce, Bentley, and Lamborghini. Davido engages himself in several philanthropic acts, mostly giving back to society through his charity work.
