Davido, also known as OBO the Baddest, is a prominent Nigerian artist who has gained widespread recognition in the music industry. With his unique style and talent, Davido has won numerous awards and endorsements, contributing to his impressive net worth of $40 million as of 2023.
His influential background has also played a significant role in his success, making him one of the wealthiest musicians in Nigeria.
In this article, we will delve into the details of Davido net worth and explore how he makes money through endorsement deals, shows, and performances. We will also take a closer look at Davido’s lavish lifestyle and his spending habits.
Davido’s Net Worth
Davido net worth in 2023 is estimated at approximately $40 million. He has accumulated his wealth through various sources, such as his successful music career, endorsement deals with major brands like Infinix Mobile, MTN, and Puma, and investments in real estate.
Besides his extravagant lifestyle, including expensive cars, luxury vacations, and designer clothing, Davido also has a charitable side, supporting education and healthcare causes in Nigeria.
He owns a record label, DMW, and has won numerous music awards. Davido’s wealth is expected to grow as he expands his business ventures and entertainment career.
Quick Net Worth Stats Year By The Year
|2024 (expected)||$45 million|
|2025 (expected)||$50 million|
Quick Biography Stats
|Birth Name||David Adedeji Adeleke|
|Stage Name||Davido, OBO (Omo Baba Olowo)|
|Date of Birth||November 21, 1992|
|Place of Birth||Atlanta, Georgia, United States|
|Occupation||Musician, songwriter, record producer|
|Record Labels||Sony Music, RCA Records, DMW (Davido Music Worldwide)|
|Years Active||2011 – present|
|Net Worth (2023)||$40 million|
|Siblings||Sharon, Adewale, Ashley, Coco, and seven other half-siblings|
|Children||Imade Adeleke, Hailey Veronica Adeleke, Ifeanyi Adeleke|
|Partner||Chioma Avril Rowland|
|Height||5 ft 7 in|
Davido’s Early Life
Davido was born in Atlanta, Georgia, USA, on November 21, 1992, and is a Nigerian singer, songwriter, and record producer. His father is a businessman, while his mother was a university lecturer. After moving back to Nigeria, Davido enrolled in the British International School in Lagos, where he spent his early years.
While pursuing a degree in business administration at a college in Alabama, USA, Davido discovered his love for music and began composing songs.
He quickly rose to prominence with the release of his debut single “Back When” in 2011, which became an instant hit. Following his success, Davido was signed to HKN Music, a record label owned by his older brother, Adewale Adeleke.
Today, Davido has achieved great success in the music industry, with a string of hit singles, numerous awards, and high-profile collaborations with international artists. Despite his fame and achievements, Davido remains humble and appreciative of the opportunities that have come his way.
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Davido’s Music Career
The musical journey of Davido has been nothing short of a blockbuster movie, filled with numerous hits, collaborations, and accolades. With his debut single “Back When” in 2011, featuring Naeto C, Davido made a smashing entry into the music industry, paving the way for his incredible success.
The release of his debut album “Omo Baba Olowo” in 2012 was a game-changer, catapulting him to stardom with hit singles like “Ekuro,” “All of You,” and “Overseas.” His music received critical acclaim, and Davido was soon recognized as one of Nigeria’s most promising young musicians.
Davido has continued to make waves in the industry, releasing hit after hit and collaborating with international artists like Chris Brown, Summer Walker, and Popcaan in his 2019 album “A Good Time.” His music won him numerous awards, including the BET Award for Best International Act in 2018.
Besides his music, Davido is also known for his philanthropic work, including his contributions to building schools in Nigeria and supporting charity organizations.
Overall, Davido’s rise to fame has been nothing short of spectacular. He is a force to be reckoned with in the music industry, with a massive local and international fan base. His passion for music, combined with his philanthropic efforts, makes him not only a superstar but also a role model for many.
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Davido’s Awards & Nominations
A number of awards and nominations have recognized Davido’s extraordinary music career. Davido has won over 30 awards and has been nominated for over 70 others.
Davido has won the BET Award for Best International Act in 2018, the MTV Africa Music Award for Best Male in 2014, and the Nigerian Entertainment Award for Best Album of the Year in 2013.
He has also won several awards for his hit songs, including “If,” “Fall,” and “FEM.” Davido’s music has received critical local and international acclaim, and his awards and nominations reflect this success. He is widely regarded as one of the most talented and influential musicians in Nigeria and Africa.
Davido’s numerous awards and nominations are a testament to his hard work, dedication, and talent as a musician. They are a reminder of the impact he has had on the music industry and the incredible contributions he has made to the world of music.
Davido’s Car Collection & Assets
Davido, with his impressive net worth, has amassed a collection of luxury cars that is the envy of many. Davido’s car collection includes a Rolls Royce Cullinan worth over ₦350 million, a Bentley Bentayga worth over ₦120 million, and a Mercedes-AMG GT worth over ₦50 million.
In addition, Davido also owns a Porsche Panamera, a Range Rover Sport, a Chevrolet Camaro GS, and a Toyota Land Cruiser, among other vehicles. His taste for expensive cars reflects his lavish lifestyle and desire to enjoy the fruits of his hard work and success.
Davido’s car collection is not only a symbol of his wealth but also a testament to his passion for luxury cars. His collection is a clear indication that he is a man who knows what he wants and is willing to spend big to get it. Undoubtedly, he is considered one of the wealthiest musicians in Nigeria and a true trendsetter in the entertainment industry.
Davido’s assets also include a luxurious private jet that was purchased by his father, Dr. Adedeji Adeleke. The Bombardier Global Express 6000 jet is estimated to be worth $62 million, and it boasts a spacious cabin with leather seats, a well-equipped kitchen, and state-of-the-art entertainment systems.
This private jet symbolizes Davido’s success as a musician, allowing him to travel comfortably and in style to his many international concerts and engagements.
Davido’s Endorsement Deals
Davido’s celebrity status and impressive musical career have led to several high-paying endorsement deals. In 2012, he signed a ₦30 million deal with MTN as the face of their youth-focused marketing campaign, MTN Pulse.
The following year, he landed another endorsement deal with Guinness Nigeria, which included a performance at the Guinness World of More Concert alongside other A-list musicians.
Davido’s brand ambassador status grew with his endorsement deal with Hong Kong-based smartphone manufacturer Infinix Mobile in 2018. In 2021, he added the sports betting brand 1xBet, and the cognac brand Martell, to his list of official brand endorsements.
His most recent deal is a long-term partnership with Puma, where he serves as a global brand ambassador for the footwear company.
Davido’s success in securing these deals highlights his star power and influential status within the entertainment industry. It also provides insight into the growing trend of celebrity endorsements as a powerful marketing tool in Nigeria and beyond.
Davido’s Personal Life
Davido’s personal life has been the subject of much public interest. He has two daughters, Imade and Hailey, with two different women. He is also engaged to his girlfriend, Chioma, with whom he has a son, Ifeanyi.
Davido’s three-year-old son, David Ifeanyi Adeleke Jr., recently drowned in a swimming pool at his father’s Banana Island home on October 31, 2022. The police questioned Davido’s household staff members, with six released and two detained following an investigation. The incident was met with widespread condolences and support.
Aside from Davido’s romantic relationships, he is known for his philanthropy and charitable work. He has donated to various causes, including the coronavirus pandemic relief efforts, and has established a foundation, the Davido Foundation, to support underprivileged children in Nigeria.
Davido is also an avid football fan and supports the Nigerian national team. In addition, he enjoys spending time with his family and friends and has been known to throw lavish parties and events.
Despite his busy schedule and high-profile lifestyle, Davido remains committed to his music career and continues producing hit songs that fans around the world enjoy.
In conclusion, Davido has undoubtedly become one of the most successful and wealthy musicians in Nigeria, with a net worth of millions of dollars. His numerous endorsement deals, music sales, and live performances have all contributed to his immense wealth.
His luxurious lifestyle, including his car collection, private jet, and expensive houses, showcases his successful career. Despite facing personal struggles, such as the tragic loss of his son, Davido has continued to remain relevant in the music industry and maintain his status as one of the most prominent artists in Nigeria. His success story is an inspiration to many young artists who aspire to make it big in the music industry.