Davido Net Worth: Who is the Highest Paid Musician in Nigeria?

Davido Net Worth: Who is the Highest Paid Musician in Nigeria?

Davido Net Worth: Davido is a well-known Nigerian singer, songwriter, and record producer with an estimated net worth of $40 million US as of 2022.

He is most famous for fusing African and global popular musical themes. He began his professional singing career while studying at university, and after finishing his studies, he began to receive recognition for his early music.

David has established himself as one of the most popular singers in the world over time, and as a result, he has become the richest Nigerian artist, with a net worth of $40 million.

From 2013 to 2016, Davido released a slew of smash singles that catapulted him to international stardom. In January 2016, he signed a deal with a well-known label called Sony Music.

Shortly after, the singer decided to create his record label, Davido Music Worldwide (DMW), to which he signed musicians such as Dremo, Mayorkun, Peruzzi, and Liya.

According to a report in the English journal New African magazine, Davido was named one of the “Top 100 Most Influential Africans” in 2019. So, in this piece, you will learn about Davido’s complete net worth, his lavish lifestyle, and much more.

Net Worth 2022

Name Davido
Net Worth 2022 $40 Million
Age 29
Annual Salary $20 Million +
Profession Singer-Songwriter,
Record Producer
Gender Male
Zodiac Sign Scorpio

Davido Early Life

On November 21, 1992, David Adedeji Adeleke was born in Atlanta, Georgia. Adedeji Adeleke, his father, is a well-known business tycoon who also serves as the president of Adeleke University and is the owner of Pacific Holdings Limited.

His mother, Veronica “Vero,” formerly held a position as an academic lecturer. Davido, who is his father’s second-born child, grew raised with five older siblings.

When he was 16 years old, he moved to Alabama, United States, to attend Oakwood University to study business administration. Initially, he attended the British International School Lagos (BIS) on Victoria Island.

David developed a love for music as a student at Oakwood, and he later bought instruments and started making beats on his own. Together with his cousins B-Red and Sina Rambo, Davido founded the musical group KB International.

He eventually dropped out of Oakwood University to pursue a singing career full-time, and shortly after that, he relocated to London to begin honing his talents. David took a brief hiatus from his music career and enrolled at Babcock University after returning to Nigeria in 2011.


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After his parents sponsored Babcock University to build a music department for an initial class of just one student, Davido ultimately graduated with a degree in music in July 2015.

Davido’s Career in Music

David started making his debut studio album Omo Baba Olowo in 2011 after returning to Nigeria.

To create this album of Afrobeats and hip-hop, Davido worked with well-known artists including Jay Sleek, Maleek Berry, GospelOnDeBeatz, Spellz, Mr. Chidoo, Dokta Franz, Theory Soundz, and Shizzi. Artists like Sina Rambo, B-Red, Kayswitch, Naeto C, 2 Face Idibia, and others made guest appearances.

The album was released in 2012 and got unfavorable reviews from music reviewers, although it went on to win Best R&B/Pop Album at The Headies in 2013 and gain a nomination for Album of the Year. The album was nominated for Best Album of the Year at the 2013 Nigeria Entertainment Awards.

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The album’s debut song, Back When, was made available on May 7, 2011. The following singles released by Davido included Dami Duro, Euro, Overseas, and All of You.


Davido released the song “Globe” in 2013, which was produced by Shizzi. The song became viral, ranking second on Premium Times’ selection of the year’s top ten tracks.

The song’s music video was later recorded in South Africa, and it has received over 40 million views on YouTube. Son of Mercy, his debut mixtape, was also released in 2016.

Aside from that, Davido ultimately released his second studio album named A Good Time on November 22, 2019. If, Fall, Assurance, Blow My Mind ft. Chris Brown and Risky are among the album’s hit songs.

High-profile musicians such as Chris Brown, Summer Walker, Gunna, A Boogie wit da Hoodie, Dremo, Peruzzi, Popcaan, Zlatan, and others made appearances on this CD.

Furthermore, the album was a huge success, being the first to reach a billion listens and the most-streamed African album of all time across many platforms.

A Better Time, David’s third studio album, was released in May 2020. Nicki Minaj, Lil Baby, Nas, Chris Brown, Young Thug, and Tiwa Savage all made appearances, and there were 11 tracks in total.

Davido Net Worth: Who is the Highest Paid Musician in Nigeria?

The album’s debut song, FEM, went viral and had over 1.8 million views on YouTube in less than 24 hours, making it the fastest Nigerian music video to surpass one million views.

The song also topped the Nigeria Turntable Top 50 chart. According to a 2020 estimate, the album A Better Time has amassed more than 213.2 million streams in one month.


Since he was a teenager, Davido has been a part of the music world, and he has won several honors and been recognized for his efforts.


  • 2012 Kora Award for Best Newcomer,
  • Africa won the 2014, BET Awards for Best International Act.
  • Dynamix All Youth Awards for 2011’s Most Promising Young Artiste
  • Awards are given by African Muzik Magazine in 2014 for Best Male in West Africa
  • 2014 Best Male Artist of the Year winner of the MTV Africa Music Awards
  • 2014 African Artiste of the Year winner at the Ghana Music Awards
  • 2014 City People Entertainment Awards for Male Musician of the Year
  • The 2018 Artist of the Year Headies.

Davido’s Personal Life

Davido, a Nigerian singer, began dating Sophia Ajibola Momodu, a socialite, model, and entrepreneur, in 2013. Aurora Imade Adeleke, the couple’s first child, was born on May 14, 2015. They split up shortly after their child was born.

Then, in 2015, Davido began dating anchor, model, and reporter Amanda ‘Mandy’ Adeleke. Hailey Veronica Adeleke, their daughter, was born on May 9, 2017. The couple divorced the next year.

Davido dated Nigerian chef, model, and social media star Chioma Avril Rowland in 2017.

Davido Net Worth: Who is the Highest Paid Musician in Nigeria?

After two years of dating, they got engaged in 2019 and welcomed their first child, David Adedeji Adeleke Jr., on October 20 of that year. Davido and Chioma planned to marry in 2020, but they ended up splitting up at the end of the year.

Davido Net Worth

Davido’s net worth is predicted to be over $40 million as of 2022. He is one of Nigeria’s highest-paid singer-songwriters and is well-known in the profession.

The singer has succeeded in making a name for himself as the most important and wealthy musician in Nigeria. David gets about $20 million annually from a variety of sources.

David gained international notoriety in March 2022 after appearing on the popular song Hayya Hayya (Better Together), which was the first multi-song official soundtrack of the FIFA World Cup Qatar 2022. David became the first Nigerian singer to be in a FIFA World Cup single as a result of this song.

His album sales, live performances, successful songs, and joint ventures with other well-known musicians account for the majority of his earnings.

In addition, the singer has more than 24 million followers on Instagram alone, making him one of Nigeria’s most popular figures. On his YouTube channel, Davido has close to 3 million subscribers. Davido’s net worth is consistently increasing.

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Davido’s Bio

Real name David David Adedeji Adeleke
Nickname Davido,
The King of Modern-Day Afrobeats
Age 29 years old date
Date Of Birth November 21, 1992
Birth Place Atlanta, Georgia,
United States
Nationality American
Hometown Atlanta, Georgia
Height 5 ft 7 in (170 cm)
Weight 65 kg (143.5 lbs)
Eye Color Dark Brown
Hair Color Black
Girlfriend Vafyl Vanessa
Father Adedeji Adeleke
Mother Veronica ‘Vero’ Adeleke
Sister Sharon
Brother Adewale
Education Qualification Degree in music


David purchased a huge property in one of the most expensive areas on Banana Island in 2020. He also has a luxurious home in Lekki, Lagos, and a gateway house in Georgia, the United States.

Car Collection

  • Rolls Royce Cullinan: The artist paid N350 million for this 2019 model luxury vehicle at the end of 2018.
  • Bentley Bentayga: Davido purchased this lovely 2018 model for about N112 million, but he tragically crashed it in the first few months of 2019.
  • Another gorgeous 2017 model SUV in his garage is a Range Rover Sport, which he purchased for almost N84 million.
  • Mercedes-Benz G Class 450: He bought the GLE 450 in 2016, which boasts a 3.0-liter bi-turbo V6 engine with 362 horsepower. The vehicle costs N50 million.
  • One of his favorite automobiles is a Porsche 911 Carrera, which he purchased for about N35 million.
  • Mercedes Benz G Wagon: Davido paid N30 million for this super-luxury SUV in 2013. He bought it back in 2013.
  • Lamborghini Huracan: The singer purchased this automobile in October 2020 for N150 million.

According to some sources, Davido has a private jet, making him the youngest Nigerian to do so. His father paid approximately $62 million for the jet.


David is the first person that springs to mind when we think of the best brand ambassadors in Nigeria. He signed a $30 million sponsorship deal with South African multinational mobile telecoms giant MTN in April 2012.

The next year, Davido was selected as the Nigerian brand ambassador for the renowned Irish alcoholic company Guinness. He then rose to prominence as the spokesperson for several global companies, including Infinix Mobile, 1xBet, Martell, and others.

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  • When Davido initially started producing beats, he was a student at Oakwood University and had just bought some musical instruments.
  • He established the musical band KB International along with his cousins B-Red and Sina Rambo.
  • With around 25 million fans, David was the second most followed African on Instagram in 2021.