Davido is one of the richest musicians in Nigeria. But the big question is, what is Davido net worth now in 2021 according to Forbes?
The Award-winning Popstar, Davido is known to flaunt his wealth and Jewellery on social media.
so it not so hard for his fans to wonder how much is Davido’s net worth currently.
Having been in the music industry for over 10 years now, with massive hit songs, record deals, endorsement deals running into millions, coupled with lots of sold-out music shows in Nigeria and Overseers.
it’s safe to say Davido’s net worth in naira and in dollars cannot be overemphasized.
Davido Biography and Net Worth
Who is Davido?
Davido was born David Adeleke on the 21st of November 1992 in Atlanta, the United States of America to the rich and wealthy Nigerian family of Dr. Adedeji Adeleke, a co-founder of the Adeleke University in Osun state and the CEO of Pacific Holdings Limited.
He attended British International School in Lagos and at the age of 16, he moved to Alabama, US, to study business administration at Oakwood University.
Davido bought musical equipment while at Oakwood and started making beats. He also worked with his cousins B-Red and Sina Rambo to form the music act KB International.
Davido dropped out of Oakwood University to pursue music full-time and relocated to London, where he worked on his vocals.
After returning to Nigeria in 2011, Davido paused his music career and agreed to honor his father by enrolling at Babcock University. In July 2015, he graduated with a second class upper from Babcock with a degree in music after his father paid the university to start a music department for an inaugural class of one student
Davido Music Career
In October 2011 Davido announced himself to the world with the release of his hit single “Dami Duro“, produced by Shizzi. While releasing the Video for Dami Duro in January 2012 as it became the talk of the town enjoying massive airplay across Nigeria.
Davido released his debut studio album on July 17, 2012, Omo Baba Olowo (Child of a Wealthy Person) under HKN Music Record Label. The album was filled with hit songs as it gained him more fans. Since then, he has released countless singles which have brought him popularity, money and international recognition.
Davido was the executive producer of OBO and worked with other producers like Jay Sleek, Spellz, Maleek Berry, and others. It featured popular musicians like Sina Rambo, Ice Prince, Kay Switch, B-Red, 2 Face and Naeto C.
In 2019, Davido released his second studio album titled “A Good Time”, while in 2020 he released his third Studio Album titled “A Better Time“. The Album since its release last year has gone to achieve over 100 million streams on digital platforms.
Davido Record Label
Which record label is Davido signed to?
Davido is currently the CEO and owner of Davido Music Worldwide, a Record Label he launched in 2016 after he signed up with Sony music inc to distribute his music catalogs and songs on the international market.
DMW Record label currently has artists such as Dremo, Mayorkun, Yonda, Peruzzi, Idowest, May D, and Liya who were just signed in November 2020.
Davido Net Worth and Endorsement Deals
Apart from income coming from his music and album sales, Davido’s net worth over the years has been fortified by signing a Billion dollar worth of Endorsement deals.
- On April 6, 2012, Davido signed its first-ever biggest music deal with MTN Nigeria worth N30 million.
- On October 24, Davido also bagged a deal with Guinness Nigeria.
- While on the 9th of May, 2018, Davido signed another Endorsement deal with Infinix Mobile, a Hong Kong-based Smartphone company.
Relationships and Personal Life
Who is davido dating?
Davido is currently engaged to his fiancée, Chioma Avril Rowland, who is the mother of his first son Ifeanyi Adeleke, who was born in 2019 the two celebrity couples made their relationship public on April 24th,2018 which was also Chioma’s Birthday. Davido also released a single in 2018 titled “Assurance”, a song he dedicated to his then-girlfriend and now Fiancee and Babymama.
Davido’s Cars and houses
Davido has two mansions in Lagos Nigeria, one of them is located in Lekki, Lagos, while his second mansion is located in Banana Island worth N800 millionaire.
And a getaway mansion in Georgia, USA. Davido’s car collection is dazzling with:
- 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 Music Awards and Recognitions
- Best Newcomer Award, Kora Awards, 2012
- Best International Act: Africa, BET Awards, 2014
- Promising Youth Artist, Dynamix All Youth, 2011
- Best Male West African, African Muzik Magazine Awards, 2014
- Artists of the Year, African Muzik Magazine Awards, 2014
- Best Male Artiste of the Year, MTV Africa Music Awards, 2014
- African Artiste of the Year, Ghana Music Awards, 2014
- Musician of the Year (Male), City People Entertainments Awards, 2014
- Artiste of the Year, The Headies, 2018
- Artiste of the Year, The Headies, 2014
- Hip Hop World Revelation, The Headies, 2013
- Next Rated, The Headies, 2012
- Male Artist of the Year, Nigeria Entertainment Awards, 2014
- Best Pop/R&B Artiste of the Year, Nigeria Entertainment Awards, 2013
- Best New Act of the Year, Nigeria Entertainment Awards, 2012
Davido Net Worth 2021 (Forbes)
Davido’s net worth in 2021 according to Forbes is estimated at $25 million dollars, making him the second richest musician and artist in Nigeria. The major source of his income comes from his hit songs and albums. which includes A better time, released in November 2020, A good time which was released in 2019.
While also making millions of dollars from his music videos as he is the only Nigerian artist with over 750 million Youtube video views. Other sources of his wealth come from endorsement deals which include the likes of MTN, Guinness Nigeria, and Infinix mobile.