Davido's Net worth in 2021

Davido's Net worth 2021
By Tochi Juliet

Davido is a Nigerian artist popularly known as OBO the Baddest. He has risen to fame worldwide with lots of popular musical hits along with his net worth.

Davido's net worth is estimated at $25 million in 2021.

Davido's real name is David Adeleke. Davido is the son of famous Nigerian billionaire, Dr Adedeji Adeleke, one of Nigeria's richest men. Davido's net worth has risen over the years, tandem with his strides in the music industry.

Davido began his journey into the music industry at an early age, but in 2011, Davido became a force to reckon with in the music industry. In fact, Davido becomes a household name after he released the song ‘Dami Duro’.

Davido co-produced the single Dami Duro with Shizzi which Clarence shot in Lagos. The song Dami Duro came with a fantastic video in Jan. 2012, and it became the talk of the town with frequent airplay by the media.

Ever since 2011, when he released 'Dami Duro" which was a hit, Davido has been making waves in the music industry. Davido is one of the richest Nigerian musicians.

Ever since 2011, Davido has been making waves in the music industry

Davido's Net worth

Davido's net worth was estimated to be $25 million in 2020, and as of January 2021, his net worth is still estimated to b $25 million. The musicians net worth was estimated to be $16 million in 2019.

However, from 2020 to 2021, Davido has continued to release hit songs such as "Better Times" streamlined in several platforms, thereby waxing stronger in the entertainment industry.

Davido aside from coming from a rich family is a hustler who wishes to make his own money and name and not depend solely on his father's wealth.

Many wonder about the source of Davido's wealth while some links his wealth and fame to his father. However, Davido is a whole in itself as he has known to have bagged many endorsement deals.

Forbes listed Davido as one of the African artists who produces and releases songs that top differents charts.

According to Forbes, he has released a list of songs that have consistently topped the charts and defined several cultural moments for Africans on the continent and the diaspora. Endorsements have also rolled in as he had worked with many high profile brands including MTN and Guinness Nigeria.

Davido Endorsement deal

Davido is a brand ambassador to many multi-million companies such as AXE, Travelbeta, Pepsi, MTN etc.

Aside from his ambassadorship, Davido is reaping the fruit of his relentless labour in the studio as many multi-million companies are ready to assign an endorsement deal with him.

On April 6, 2012, Davido was reported to have signed an endorsement deal worth N30 million with MTN, the largest mobile network in Africa. He was unveiled as the face of MTN Pulse, a marketing campaign for youths in Nigeria.

On October 24, 2013, Guinness company also endorsed Davido where he performed in the "World of More Concert', alongside other top Nigerian Music Artiste like Olamide, Wizkid, Tiwa Savage, D'banj and many more.

On May 9, 2018, he announced an endorsement deal with Infinix mobile, a Hong-Kong based smartphone manufacturer.

On May 9, 2018, he announced an endorsement deal with Infinix mobile, a Hong-Kong based smartphone manufacturer.

Other sources of Davido's Income

Davido aside being an ambassador to many multi-million companies such as MTN, also charges for his performances and shows.

For local shows, Davido charges between N10-N40 million while for performances abroad he garners between $1000, 000 - $200,000.

Davido, as a famous musician, attends more than 40 shows annually. When one comes to multiply this by the mentioned figure of cash, you see that Davido's hard work equates his net worth.

He has over 663 million views on his videos on his YouTube page, which is another avenue for his income and resources.

Davido founded his music label DMW, in 2016. He founded it shortly after signing up with Sony Music, and his first major signing was Mayorkun. Davido's DMW becomes another source of Davido's wealth and contributes to raising more African music giants.

Davido, while speaking about DMW, said, “people fail to understand you can’t be on top forever, having these artists helps me stay afloat and be current with new stuff”.

Davido sees this as not only an opportunity to see the African music scene flourish as “it’s a beautiful time to be African” but also a way for him to learn from these young artists.

Davido is a young musician whose net worth is due to his unrelenting hard work in the music industry and not linked to his father's wealth and popularity as assumed by some persons.

His net worth is estimated to be $25 million although some insist that Davido's networth is more than that. Some people believe that judging from his properties and lifestyle, Davido's net worth should be estimated to be $40 million.

Davido's Lifestyle

Davido, with a net worth of over $20 million is known for his luxurious and expensive lifestyle. He always boasts of flashy and expensive belongings.

Davido in his Instagram handles once shared a picture of his family's private jet on social media which attracted many reactions from both fans and haters.

He equally wrote on Twitter Bought already. it’s not soup it’s Hard work and Ambition! Many congratulated him while some termed it a show of arrogance.

Davido shared the picture of his jet on social media

Davido at a time bought Rolex watch for his two daughters at the cost of 30 Million Naira each ($80,000) bringing the total to 60 Million Naira.

He equally flaunted Rolex watch he bought for his PA Santusgee in Dubai. Santusgee didn't take time to announce it on Instagram.

He wrote on Instagram THE PANDEMIC COULDN’T STOP ME! ROLLY GANG !#30BG4LThanks@davido!

Davido's expensive life made some assume his net worth is beyond $25 million.

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