Davido Net Worth – Overview of Richest Celebs Worth

Davido Net Worth

Davido’s net worth is $100 million, a result of his thriving music career and multiple business ventures. Known as one of Africa’s wealthiest musicians, Davido rose to fame with hit singles like “Fall” and “If,” earning substantial income from streaming, concerts, and tours. 

Beyond music, he has lucrative endorsement deals with brands like MTN and Infinix, adding millions to his fortune. Additionally, Davido owns assets, including luxury cars and real estate in Nigeria and the U.S. His private jet and high-profile lifestyle reflect his success, but his ventures and endorsements continue to drive his wealth upward.

Davido Biography 

Full NameDavid Adedeji Adeleke
GenderMale
ProfessionSinger, Songwriter, Record Producer
Net Worth$100 million
Date of BirthNovember 21, 1992
Place of BirthAtlanta, Georgia, United States
Age31 years old (as of November 2024)
Zodiac SignScorpio
NationalityNigerian-American
Education British International School, LagosOakwood University, AlabamaBabcock University, Ilishan-Remo, Ogun State, Nigeria
ParentsAdedeji Adeleke and Veronica Adeleke
SiblingsAdewale Adeleke and Sharon and Ashley Coco 
SpouseChioma Avril Rowland
KidsAurora Imade Adeleke, Hailey Veronica Adeleke, and David Adedeji Adeleke Jr.

Davido Net Worth 

Davido’s net worth is $100 million, making him one of Africa’s wealthiest musicians. His fortune stems from a successful music career, record production, and numerous endorsements. Davido co-founded HKN Music with his brother and later launched his own label, Davido Music Worldwide, which boosted his influence in the industry. 

Key endorsement deals with MTN Nigeria, Guinness, and Infinix added to his wealth, along with major contracts with Sony Music and RCA Records. His 2019 album, A Good Time, brought global recognition, with hits like “Fall” and “If” elevating him in the international music scene.

Davido’s Net Worth Over the Years

Davido’s net worth has experienced significant growth over the years, reflecting his success in the music industry and various business ventures. Below is a table illustrating the progression of his net worth:

YearNet Worth
2017$16 million
2020$10 million
2021$15 million
2022$20 million
2023$45 million
2024$100 million
Davido's Net Worth Over the Years

Davido’s Diverse Income Streams

Davido, one of Africa’s wealthiest musicians earns his fortune from multiple income streams. These include his music career, high-profile endorsements, and savvy investments. Here’s a closer look at his primary sources of income:

  • Music Sales and Streaming Revenue: Davido earns millions from global music sales and streaming on platforms like Spotify and Apple Music, with hit songs like “Fall” and “If” contributing to over 300 million streams (africaentertainment.com).
  • Concerts and Tours: Davido’s international tours and concerts generate substantial revenue, with reports $20,000–$30,000 per show (forbesafrica.com).
  • Record Label: DMW (Davido Music Worldwide): His record label DMW adds to his wealth by managing rising talents and producing hits, expanding his brand in the music industry.
  • Endorsement Deals: Davido has secured endorsements with brands like MTN, Guinness, and Infinix, earning him up to $5 million in total from these partnerships (nigerianfinder.com).
  • Investments: Beyond music, Davido invests in ventures like fashion and tech, broadening his portfolio and securing his financial future.
  • Social Media Influence: With over 25 million followers on Instagram, Davido monetizes his social media through collaborations and sponsored posts, adding another layer to his income.
Davido's Diverse Income Streams

Assets and Luxuries Owned by Davido

Davido, a prominent Nigerian artist, has amassed an impressive collection of assets and luxury items, reflecting his success and affluent lifestyle.

Assets and Luxuries Owned by Davido

Real Estate Holdings

  • Banana Island Mansion: In 2020, Davido acquired a lavish mansion in Lagos’s upscale Banana Island area, featuring state-of-the-art amenities and modern architecture.
  • Lekki Residence: He owns a home in Lekki, Lagos, known for its contemporary design and luxurious interiors.
  • Atlanta Property: Davido possesses a vacation home in Atlanta, Georgia, USA, highlighting his international presence.
  • Luxury Vehicle Collection
  • Rolls-Royce Cullinan: In 2021, he added this luxury SUV, valued at approximately ₦350 million, to his collection.
  • Lamborghini Aventador: Davido purchased this high-performance sports car, estimated at ₦310 million, as an early Christmas gift in 2021.
  • Bentley Bentayga: A luxury SUV known for its elegance and performance.
  • Range Rover Autobiography: A premium SUV offering comfort and style.
  • Porsche 911 Carrera: A sleek sports car known for its speed and design.
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Private Jet

Davido reportedly owns a Bombardier Challenger 605 private jet, valued at around $27 million. This luxury jet enhances his ability to travel comfortably and swiftly for tours, performances, and personal trips worldwide. 

Owning such a high-value asset underscores Davido’s prominence in the music industry, as it places him among a select group of African entertainers who can afford private aviation, symbolizing both success and convenience in his jet-set lifestyle.

Jewelry Collection

Davido is known for his extravagant jewelry collection, including luxury watches, chains, and rings, many of which are custom-designed and encrusted with diamonds. His jewelry often reflects his personal brand and opulent taste, showcasing bold pieces that make statements about his wealth and style. 

From iced-out pendants to diamond-studded watches, Davido’s collection not only adds to his iconic image but also aligns with his status as one of Africa’s wealthiest and most influential entertainers.

Davido’s Business Ventures and Investments

Beyond his successful music career, Davido has diversified his portfolio through various business ventures and investments:

  • Davido Music Worldwide (DMW): In 2016, Davido founded DMW, a record label that has signed and nurtured talents like Mayorkun, Dremo, and Peruzzi, contributing to the growth of the Nigerian music industry.
  • Motorsports: In 2018, Davido expanded into the motorsports industry by launching “Chilling Motorsports,” reflecting his interest in racing and business diversification.
  • Real Estate Investments: Davido has invested in prime real estate properties in Nigeria and abroad, including luxury homes and commercial properties, enhancing his asset portfolio.
  • Endorsement Deals: He has secured lucrative endorsement deals with brands like MTN, Guinness Nigeria, Infinix Mobile, and Martell Cognac, significantly boosting his income.
  • Philanthropy: Through the Davido Foundation, he has supported education, healthcare, and disaster relief initiatives, demonstrating a commitment to social responsibility.

These ventures highlight Davido’s strategic approach to business, leveraging his brand to create diverse income streams and make a positive impact.

Davido’s Endorsement Deals and Brand Collaborations

Davido, a prominent Nigerian artist, has significantly boosted his net worth through various endorsement deals and brand collaborations. These partnerships span multiple industries, reflecting his broad appeal and marketability.

Davido's Endorsement Deals and Brand Collaborations
  • MTN Nigeria: In 2012, Davido signed a ₦30 million endorsement deal with MTN, becoming the face of MTN Pulse, a youth-centric marketing campaign.
  • Guinness Nigeria: In 2013, he secured an endorsement with Guinness Nigeria, performing at the Guinness World of More Concert alongside other top artists.
  • Infinix Mobile: In May 2018, Davido became a brand ambassador for Infinix Mobile, a Hong Kong-based smartphone manufacturer, aligning his brand with cutting-edge technology.
  • 1xBet: In May 2021, he partnered with the sports-betting company 1xBet, expanding his influence into the sports and gaming industry.
  • Martell Cognac: In October 2021, Davido was announced as the ambassador for Martell Cognac, a deal reportedly worth $5 million (₦2 billion).
  • Puma: In December 2021, he signed a long-term agreement with Puma, becoming a global brand ambassador and promoting their Sportstyle collections.
  • GAC Motor: In July 2024, Davido entered into a partnership with GAC Motor, a leading automobile manufacturer, further diversifying his brand associations.
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Davido’s Concerts, Tours, and Performances

Davido, a leading figure in Afrobeats, has captivated audiences worldwide with his dynamic performances and extensive tours.

Davido's Concerts, Tours, and Performances

Timeless Tour (2023)

In 2023, Davido embarked on the “Timeless Tour” across North America, promoting his album Timeless. The tour commenced on July 1 at the Capital One Arena in Washington, D.C., and concluded on July 15 at the Budweiser Stage in Toronto, Canada. Produced by Live Nation Urban and Duke Concept, the tour included stops in Houston and Chicago.

Upcoming Performances

As of November 2024, Davido has scheduled the following performances:

  • November 21, 2024: “Davido & Friends Birthday Concert” at State Farm Arena in Atlanta, Georgia. This event celebrates the fifth anniversary of his album A Good Time.
  • November 30, 2024: Performance at Ziggodome in Amsterdam, Netherlands.

Notable Past Performances

Davido has a history of memorable performances, including:

  • O2 Arena, London: In March 2022, he headlined a sold-out show at the O2 Arena, featuring guest appearances by artists like Kizz Daniel and Angélique Kidjo.
  • Madison Square Garden, New York: In April 2023, Davido performed at Madison Square Garden, marking a significant milestone in his career.

Davido’s global tours and performances have solidified his status as a leading artist in the Afrobeats genre, bringing his energetic shows to fans around the world.

For a glimpse of his live performance, you can watch the following video:

Davido’s ‘Timeless’ Album Streams Distribution by Platform 

Davido, a prominent figure in the Afrobeats genre, has achieved remarkable success in record sales and streaming revenue. His fourth studio album, Timeless, released on March 31, 2023, has been a significant contributor to his financial success.

Davido's 'Timeless' Album Streams Distribution by Platform
PlatformAlbum/TrackStreamsRevenue 
SpotifyTimeless500 million+
Apple MusicTimeless190 million+
AudiomackTimeless274 million+
BoomplayTimeless240 million+
YouTubeTimeless (videos & audio)123 million+
All PlatformsTimeless (cumulative)1 billion+$2.76 million
Spotify (Cumulative)All credits2 billion+

Davido's 'Timeless' Album Streams Distribution by Platform

Davido’s Early Life and Background

Davido, born David Adedeji Adeleke on November 21, 1992, in Atlanta, Georgia, USA, hails from a prominent Nigerian family. His father, Adedeji Adeleke, is a successful business magnate, while his late mother, Veronica Adeleke, was a university lecturer. Growing up, Davido spent his formative years in Lagos, Nigeria, where he developed a deep interest in music.

He attended the British International School in Lagos and later enrolled at Oakwood University in Alabama to study business administration. However, his passion for music led him to leave university and pursue his dream. Despite initial family resistance, Davido’s dedication to music eventually won their support, allowing him to establish himself as a major figure in the Afrobeats genre.

Career Beginnings and Major Breakthrough of Davido

Davido’s journey in music began during his college years at Oakwood University in Alabama, where he started experimenting with beats and recording his own music. His passion led him to drop out and pursue music full-time. Returning to Nigeria, he focused on building his career and released his debut single, “Back When”, in 2011, which gained modest attention. 

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His major breakthrough came with the release of “Dami Duro” in late 2011. The song, with its catchy beats and vibrant music video, became a massive hit in Nigeria, marking Davido as a rising star. 

In 2012, he released his debut album, Omo Baba Olowo, which included hits like “Ekuro” and “Overseas.” This album solidified Davido’s position in the Nigerian music industry and set the stage for his future success as an influential Afrobeats artist.

Davido Songs

Davido, a prominent Nigerian singer, songwriter, and record producer, has significantly influenced the Afrobeats genre with numerous hit songs.

Notable Songs by Davido:

  • “Fall”: Released in 2017, this track gained international acclaim and is one of the most viewed Nigerian music videos on YouTube.
  • “If”: A 2017 release that became a major hit across Africa and beyond, solidifying Davido’s global presence.
  • “FIA”: This 2017 song showcases Davido’s unique style and lyrical prowess.
  • “Assurance”: Released in 2018, the song is a dedication to his partner, Chioma, and received widespread attention.

Davido Latest Song:

As of November 2024, Davido’s most recent single is “Awuke”, featuring YG Marley. Released in October 2024, the track blends Afrobeats with reggae influences, showcasing Davido’s versatility. For a comprehensive collection of Davido’s music, you can explore his official YouTube Music channel.

Davido’s Wife: Chioma Avril Rowland

Davido’s wife, Chioma Avril Rowland, is a Nigerian chef and influencer who gained prominence through her relationship with the Afrobeats star. They met during their university days, and their romance blossomed publicly, earning Chioma media attention and a strong fan following. 

In 2018, Davido famously dedicated his hit song “Assurance” to her, along with gifting her a Porsche car, solidifying their relationship in the public eye. The couple welcomed their son, David Ifeanyi Jr., though their relationship faced challenges over the years. They eventually married, and Chioma remains a significant and supportive presence in Davido’s life and career.

Davido’s Wife: Chioma Avril Rowland

Davido Son: David Ifeanyi Adedeji Adeleke Jr.  

Davido, the renowned Nigerian singer, and his partner, Chioma Rowland, experienced a profound loss with the passing of their son, David Ifeanyi Adedeji Adeleke Jr., on October 31, 2022. At just three years old, Ifeanyi tragically drowned in the family’s swimming pool at their Lagos residence. 

This heartbreaking incident led to an outpouring of condolences from fans and fellow artists worldwide. In the wake of this tragedy, Davido and Chioma have maintained a private stance, focusing on healing and honoring their son’s memory. 

Davido Son: David Ifeanyi Adedeji Adeleke Jr.

Davido’s Daughters: Aurora Imade and Hailey Veronica Adeleke

Davido’s first daughter, Aurora Imade Adeleke, was born on May 14, 2015, to Sophia Momodu, a Nigerian entrepreneur and influencer. Imade, named after Davido’s late mother, quickly became a public figure herself, often seen alongside her father at events. Known for her charming personality, she has also embraced the spotlight as a child influencer, even representing brands like Eva Soap.

Davido’s second daughter, Hailey Veronica Adeleke, was born on May 9, 2017, to Amanda, who resides in the United States. Hailey frequently appears in Davido’s social media posts, highlighting their strong father-daughter bond. 

Davido's Daughters: Aurora Imade and Hailey Veronica Adeleke

Celebrated for her endearing character, Hailey enjoys a close connection with her family both in the U.S. and Nigeria, reinforcing Davido’s commitment to fatherhood despite his busy career. Both daughters are central to Davido’s life, symbolizing his love and dedication to family.

Davido Physical Appearance

Davido, the renowned Nigerian singer and songwriter, has the following physical attributes:

Davido Physical Appearance
Height5 feet 6 inches (1.68 meters)
Weight70 kg(154 pounds)
Hair ColorBlack
Eye ColorBrown

Davido’s Social Media Presence

Davido, a prominent Nigerian artist, maintains a substantial online presence across various social media platforms, engaging millions of fans worldwide. Below is a summary of his official accounts and their respective follower counts:

PlatformUsernameFollowers
Instagram@davido29.5M
TikTok@davido7M
FacebookDavido217.6K
YoutubeDavido4.2M

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FAQs

Q. When was Davido’s latest album released?

Davido’s latest album, Timeless, was released on March 31, 2023.

Q. Does Davido have any endorsement deals?

Yes, Davido has endorsement deals with MTN, Guinness, Infinix Mobile, Martell Cognac, and more.

Q. Where is Davido from?

Though born in Atlanta, Georgia, USA, Davido is of Nigerian nationality and grew up in Lagos.

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