Davido Net Worth 2024
In the dynamic realm of the Nigerian music scene, where talent intertwines with entrepreneurial spirit, artists rise to financial prominence, showcasing their multifaceted success.
As we navigate through the heart of 2024, a year poised for new achievements, the focus sharpens on the financial prowess of Nigeria’s music elite.
Among these musical maestros stands Davido, a name synonymous with chart-topping hits, lucrative endorsements, and shrewd investments.
His net worth reflects not only his musical mastery but also his strategic financial moves that have contributed to his remarkable success.
Davido’s journey to financial triumph encompasses not just his music but also strategic brand partnerships.
Endorsements with major brands such as MTN Pulse, Guinness Nigeria, Infinix Mobile, and Martell have added substantial figures to his wealth portfolio.
These collaborations not only showcase his influence within the industry but also his ability to extend his brand beyond music.
In addition to his musical endeavors, Davido has ventured into the technology sector with his partnership with Infinix Mobile and the world of luxury with his ambassadorship for Martell cognac.
These strategic moves underline his diversified approach to wealth creation.
Furthermore, Davido’s international recognition and collaborations with global artists have broadened his audience and revenue streams.
The success of tracks like “Blow My Mind” featuring Chris Brown and “Fall” attests not only to his musical prowess but also to the global appeal that contributes significantly to his net worth.
As we explore the financial landscape of him in 2024, Davido’s net worth emerges not just as a testament to his musical talent but as a result of astute financial decisions, brand endorsements, and a global musical footprint.
In the symphony of success, Davido plays not only the notes of creativity but also the chords of financial acumen, solidifying his position as one of Nigeria’s wealthiest and most influential musicians.
As of 2024, Davido’s net worth is estimated to be in the range of $27 million.
Davido Biography
David Adedeji Adeleke, professionally known as Davido, is a Nigerian-American singer, songwriter, and record producer born on November 21, 1992.
Widely recognized as one of the most important Afrobeats artists of the 21st century, he, along with Burna Boy and Wizkid, is credited for popularizing Afrobeats globally.
Davido was born in Atlanta, United States, and raised in Lagos, Nigeria. He began his music career as a member of the group KB International.
While initially studying business administration at Oakwood University, he eventually dropped out to focus on making beats and recording vocal references.
His breakthrough came with the release of “Dami Duro,” the second single from his debut studio album “Omo Baba Olowo” (2012).
The album featured additional hits like “Back When,” “Ekuro,” “Overseas,” “All of You,” “Gbon Gbon,” and “Feel Alright.” In 2012, Davido won the Next Rated award at The Headies.
From 2013 to 2015, he continued to release hit singles, including “Gobe,” “One of a Kind,” “Skelewu,” “Aye,” “Tchelete (Goodlife),” “Naughty,” “Owo Ni Koko,” “The Sound,” and “The Money.” In January 2016, Davido signed a record deal with Sony Music and later founded the record label Davido Music Worldwide.
He signed with Sony’s RCA Records in July 2016 and released the EP “Son of Mercy” later that year.
Davido faced creative control issues with Sony, leading to a renegotiation of his contract in April 2017. He subsequently released hit singles like “If” and “Fall,” the latter becoming the longest-charting Nigerian pop song in Billboard history. His second studio album, “A Good Time,” was released in November 2019.
Recognized as one of the 100 most-influential Africans by New African magazine in 2019, Davido released his third studio album, “A Better Time,” in November 2020. In February 2021, he was featured on Time magazine’s Time 100 Next List.
His fourth studio album, “Timeless,” was released on March 31, 2023. Davido serves as a cultural ambassador for Nigeria and is known for his advocacy for human rights in Africa. He is also among the most-followed African artists on Instagram and Twitter.
In November 2023, Davido received three Grammy nominations at the 66th Annual Grammy Awards for “Unavailable,” “Feel,” and his album “Timeless.”
Early Life and career
David Adedeji Adeleke, known as Davido, was born on November 21, 1992, in Atlanta, Georgia, United States. His father, Adedeji Adeleke, is a Nigerian business magnate, and his mother, Vero Adeleke, was a university lecturer.
Davido is the youngest of five siblings. He attended the British International School in Lagos and later pursued business administration at Oakwood University, Alabama, in the U.S. At Oakwood, he delved into music, forming the group KB International with his cousins B-Red and Sina Rambo.
Despite briefly pausing his music career to honor his father’s wishes and enroll at Babcock University, he eventually graduated in July 2015 with a degree in music.
During this time, Davido worked on his debut studio album, “Omo Baba Olowo” (OBO), which featured a mix of Afrobeats and hip-hop.
Debut Album and Rexcord Deals:
In 2011, Davido began working on “Omo Baba Olowo,” featuring collaborations with artists like Naeto C, Sina Rambo, B-Red, and others.
The album’s lead single, “Back When,” was released in 2011, followed by “Dami Duro” in 2012 during the Occupy Nigeria protests. The album received mixed reviews but won Best R&B/Pop Album at The Headies in 2013.
In 2016, Davido signed a record deal with Sony Music, later founding his record label, Davido Music Worldwide (DMW).
His plans for the album “The Baddest” were altered by the Sony deal. In October 2016, he released the EP “Son of Mercy.”
Hit Singles and Awards:
Davido’s singles “If” and “Fall” (2017) achieved global success. “If” won several awards, including Best Pop Single and Song of the Year at The Headies 2018. “Fall” became the longest-charting Nigerian pop song in Billboard history. In 2018, he released “Fia” and “Assurance.”
Davido won Best African Act at the 2017 MOBO Awards and Best International Act at the 2018 BET Awards. He continued performing globally, including at the Made in America Festival.
O2 Arena Concert and “A Good Time” Album:
In January 2019, Davido sold out The O2 Arena in London, a significant milestone.
Later in 2019, he released hit singles like “Blow My Mind” (featuring Chris Brown) and “Risky” (featuring Popcaan).
His second studio album, “A Good Time,” was released in November 2019.
A Better Time” and Social Initiatives:
Davido released “A Better Time” in November 2020, featuring international collaborations.
In 2021, he engaged in social initiatives, raising funds for orphanages.
He also participated in the FIFA World Cup Qatar 2022 Official Soundtrack.
“Timeless” Album and Grammy Nominations:
Davido released his fourth studio album, “Timeless,” in March 2023, featuring collaborations with Skepta, Angelique Kidjo, and others.
The album showcased a mix of genres. His single “Unavailable” gained international recognition. In August 2023, he released the remix of “Unavailable” featuring Latto.
Davido received Grammy nominations in 2023 for Best Global Music Album (Timeless), Best Global Music Performance (“Feel”), and Best African Music Performance (“Unavailable”).
Other Ventures
On April 6, 2012, Nigerian Entertainment Today reported that Davido had secured a ₦30 million endorsement deal with MTN.
This marked a significant partnership as Davido became the face of MTN Pulse, a marketing campaign targeted at Nigerian youth.
The deal added to his growing influence and popularity among the younger demographic.
Later, on October 24, 2013, Pulse Nigeria reported that Guinness Nigeria had also signed Davido for an endorsement deal.
As part of this collaboration, he performed at the Guinness World of More Concert, sharing the stage with other notable artists such as P-Square, D’banj, Wizkid, and more.
In May 2018, Davido expanded his endorsement portfolio by signing a deal with Infinix Mobile, a Hong Kong-based smartphone manufacturer.
This move further established his presence in the technology and mobile industry.
Continuing on the path of brand ambassadorships, in May 2021, Davido joined forces with the sports-betting brand 1xBet, solidifying his association with the world of sports and entertainment.
In October 2021, the renowned cognac brand Martell announced Davido as its new ambassador, adding a touch of luxury to his list of endorsements.
In December 2021, Davido took a step into the fashion and lifestyle sector by signing a long-term agreement with the well-known footwear manufacturer Puma.
This global brand ambassadorship with Puma marked a significant crossover into the world of fashion for the artist.
Personal Life
Davido’s personal life has been a subject of public interest. He is a father to six children, consisting of three boys and three girls.
Unfortunately, tragedy struck on October 31, 2022, when Davido’s oldest son and third child, David Ifeanyi Adeleke Jr., passed away. The three-year-old drowned in a swimming pool at his father’s Banana Island residence.
The incident prompted a police investigation, leading to questioning of members of Davido’s household staff.
While eight domestic workers were initially invited for questioning, two remained in detention following the investigation.
In terms of his romantic life, Davido confirmed his marriage to his partner Chioma Rowland in March 2023, marking a new chapter in his personal journey.
