Davido net worth at roughly $30 million, placing him among the wealthiest musicians in Africa. Additionally, he once agreed to a $2 million endorsement agreement with Infinix.
Davido is a singer and songwriter from Nigeria. He is arguably the best vocalist in Africa and has gained innumerable followers not just in Nigeria but all around the world.
He is currently one of the wealthiest artists in the Nigerian entertainment sector, and his name appears on practically all websites.
The famous singer is extremely well-known and has won the hearts of millions of people not just in Nigeria but all across the world.
Davido Profile Summary
- Full Name: David Adedeji Adeleke
- Stage Name: Davido
- Born: 21 November 1992
- Place of Birth: Atlanta, Georgia, United States
- State Of Origin: Osun State
- Nationality: Nigerian
- Parents: Adedeji Adeleke (Father), and Veronica Adeleke (Mother)
- Occupation: Singer and Songwriter
- Net Worth: $30 million
Davido Early Life
Davido was born in Atlanta, Georgia on November 21, 1992, to Nigerian billionaire businessman Chief Adedeji Adeleke and his wife, university lecturer Dr. Veronica Adeleke.
He is the third child born to his parents. He has an older brother named Adewale Adedeji as well as two sisters named Sharon and Ashley Coco. 2003 saw the passing of his mother.
Adeleke University was founded by his father, who also serves as the CEO of Pacific Holdings. On the board of directors of his father’s business are Davido and his siblings.
Davido attended ‘The British International School,’ a private school in Lagos. He began making music when he was 11 years old.
According to him, he inherited his mother’s love of entertaining others, hence he credits her as the inspiration for his musical journey.
He enrolled at ‘Oakwood University,’ in Alabama, to pursue a degree in business administration. He had a strong interest in music while in university. He later dropped out to pursue music full-time. While at university, he was a member of the music group ‘KB International.’
He then travelled to London to improve his vocals. Davido returned to Nigeria in 2011 and, on the advice of his father, enrolled at Babcock University, where he graduated with a degree in music in 2015.
Reports state that his father made a financial contribution to the university’s creation of a music department.
Career
‘Dami Duro‘ was released by Davido on October 30, 2011. The song was co-produced by Dami Duro and Shizzi and video shot by Clearance Peters.
Later, the song became a hit in Nigeria and was played on practically all media outlets, catapulting Davido to fame.
The HKN Music Record Label released Davido’s debut album, Omo Baba Olowo (Child of a Wealthy Person), in 2012.
On Omo Baba Olowo, guests included Sina Rambo, Ice Prince, Kay Switch, B-Red, 2 Face, and Naeto C.
He signed a record deal with “Sony Music” in 2016. Following that, he started his own record label, called “DMW – Davido Music Worldwide.”
The next year, he signed with ‘RCA Records,’ a subsidiary of ‘Sony,’ and released an EP titled ‘Son of Mercy.’ Five singles were released from the EP, including ‘How Long,’ ‘Gbagbe Oshi,’ and ‘Coolest Kid in Africa.’
Later, he revealed that a few concerns with creative control had caused him to renegotiate his deal with ‘Sony Music.’
Davido released two singles in 2017, ‘If’ and ‘Fall,’ both of which were hits, with ‘Fall’ becoming the longest-charting Nigerian pop song on the ‘Billboard’ charts.
He travelled to the United States in late 2018, performing at concerts and performances in various cities.
ALSO READ: Rema Net Worth, Biography, Music, and Awards
Davido’s Record Label (DMW)
Adewale Adeleke and Davido collaborated to start the HKN record label. Today. Later, Davido quit working for the HKN record company and went independent.
Davido founded his current record label, DMW, in 2016. It was started by Davido after he signed with Sony Music.
Teli, Peruzzi, Mayorkun, Dremo, and other famous artists are on the DMW record label’s payroll.
Davido Endorsement Deals
Davido represents a number of multimillion-dollar companies as a brand ambassador, including AXE, Travelbeta, Pepsi, MTN, and others.
Aside from his ambassadorship, Davido is reaping the benefits of his tireless studio work, with numerous multi-million dollar firms eager to sign endorsement deals with him.
On April 6, 2012, Davido secured an N30 million endorsement agreement with MTN, Africa’s largest mobile network.
Later, Davido was revealed to be the face of MTN Pulse, a Nigerian marketing campaign aimed at young people.
On October 24, 2013, the Guinness brand backed Davido, who played in the “World of More Concert” among other notable Nigerian musicians such as Olamide, Wizkid, Tiwa Savage, D’banj, and others.
He announced an endorsement contract with Infinix Mobile, a Hong Kong-based smartphone maker, on May 9, 2018.
Davido’s other sources of income
His main source of revenue is music; he demands exorbitant fees for his performances and shows. It has contributed to his net worth.
Davido charges between N10 million and N40 million for local events, but for international performances, he receives between $100 and $200,000.
His YouTube videos have had over 663 million views, which has enhanced his income and net worth.
Net Worth
Davido, who has a net worth of more than $30 million, is well-known for his lavish and costly lifestyle. He is constantly bragging about his shiny and expensive possessions.
Social Media
Instagram: @davido