Davido Net Worth 2024: Wealth of the Afrobeats Superstar

There have been different speculations of Davido net worth in 2024, especially after the release of his Timeless album and marriage expenses. Looking into how much wealth the great Afrobeat artist makes yearly as a worldwide recognized Nigerian through music and other business will be amazing.

After his rise to fame, he has secured his part as one of the richest and most influential people in the Afrobeats industry. Since then, he has become well recognized internationally for his musical brilliance, high performances, and philanthropic works.

With a decade-plus career in show business, Davido has amassed his wealth from album sales, streaming, and endorsements at any price. He is infamous for his opulent lifestyle, including every supercar, mansion, and even a private jet.

At the age of 30, Davido is worth $100 million. Let’s further understand how Davido has made his money and why he is a beer can king in all ways in music and business.

Early Life and Education

David Adedeji Adeleke was born on November 21, 1992, in Atlanta, Georgia, U.S. Although born in the United States, he was raised in Lagos, Nigeria, where he grew up.

Davido hails from a wealthy and influential family. His dad, Adedeji Adeleke, is a rich person and tycoon and also the owner of Adeleke University in Nigeria. His mother, Vero Adeleke, was a university lecturer before his death.

He studied at the School of British International in Lagos before attending Oakwood University in Alabama for business administration. However, his love for music persuaded him to give up on it as well as center his career on music.

Later he came back to Nigeria and finished a degree in music at Babcock University, another first from the institution as the first music graduate ever.

Age and Family Background

Davido is 31 years old now, in 2024. He comes from a highly respected and influential family whose weight is felt in Nigeria’s business and politics.

He has a business and enterprise-savvy brother, Adewale Adeleke, and his sisters, Ashley Coco Adeleke and Sharon Adeleke.

Although from a wealthy background, Davido made the decision to carve out his own career in the entertainment world; this only goes to show his hard work and talent.

Spouse and Children

Davido is married to Chioma Avril Rowland, a well-known chef and social media personality. The couple got married in a very publicized wedding, sealing their long-term relationship.

They have been blessed with children. Unfortunately, their first son, Ifeanyi Adeleke, died in 2022 from drowning. But in 2023, Davido and Chioma were blessed with a set of twins (a boy and a girl).

Davido has other children from past relationships too, and in spite of being under the media glare, he has been keeping a close relationship with all of them.

Music Career and Breakthrough Success

Davido rose to fame starting in 2011 when he came out with his debut hit single, “Dami Duro.” The song shortly after rose to be a street anthem to make him one of the most wanted artists in Nigeria.

His first album debuted in 2012 as “Omo Baba Olowo (OBO)” with some hit songs like “Ekuro,” “Ekuro,” and “Gbon Gbon.”

Albums and Hit Songs

Davido has released several top-charting albums, such as:

• Omo Baba Olowo (2012)
• A Good Time (2019)
• A Better Time (2020)
• Timeless (2023)

Among his biggest hit singles were

• “Fall” (One of the highest-streamed Afrobeats song worldwide)
• “If”
• “FIA”
• ‘Blow My Mind” (featuring Chris Brown)
• “Unavailable”

He was also able to win several music awards from his career in music, such as BET Awards, MTV Africa Music Awards, The Headies, and a MOBO Award.

Sources of Income

The superstar has a lot of streams of income to his name, which apparently gives him the liberty to live the luxurious lifestyle. Some of which include:

1. Music Sales and Streaming Revenue

Davido earns millions from music sales, mostly digital downloads, album sales, and streaming on platforms like Spotify, Apple Music, and YouTube. His song has millions of plays around the world.

2. Concerts and Tours

Davido is one of Africa’s most reliable live show acts. He is said to earn around $500,000 per show and has sold out places such as the O2 Arena in London and the Madison Square Garden in New York.

3. Endorsement Deals

Davido has signed multi-million dollar deals with global brands including:

• Puma
• Pepsi
• Martell Cognac
• MTN Nigeria
• Infinix Mobile

These endorsements are a huge source of his earnings, which make him one of the biggest paid sponsorships in Africa.

4. Record Label and Business Ventures

He is the owner of Davido Music Worldwide (DMW), where he produced successful artists like Mayorkun, Peruzzi, and Dremo.

Davido has also put some cash into several other sectors like real estate, fashion, and tech startups. He is also rumored to have invested in electric car manufacturing and power plants.

Davido Net Worth in 2024, Houses, Cars, and Private Jet

Let;s look at the assets that this big superstar has to his name

Houses

Davido owns multiple properties, including

• A mansion in Banana Island, Lagos (worth over $5 million)
• A luxury house in Atlanta, USA
• Properties in the UK and Dubai

Car Collection

Davido is known to be a lover of luxury automobiles. His impressive garage includes:

• Rolls-Royce Cullinan
• Rolls-Royce Spectre (Electric)
• Cybertruck
• Lamborghini Aventador
• Bentley Bentayga
• Mercedes-Benz G-Wagon Private Jet

Davido is one of the four African artists who own a private jet (Bombardier Challenger 605). This has cemented his position as a global icon even more.

Philanthropy and Humanitarian Efforts

Davido is a man of strong charitable kind. His catchphrase, “We lift by lifting each other,” shows his givingness.

He has:

• Lowly donated millions to orphanage homes all over Nigeria
• Supported poor artists with assistance of collaborations, money and resources
• Helped disaster relief and education cause

In 2021 he had raised more than $600,000 from fans and the celebrities of it, and he donated it all to charity.

Achievements and Global Influence

Davido has contributed a great part on a global level to Afrobeats promotion. His partnerships with Chris Brown, Nicki Minaj, Lil Baby, and Focalistic have taken the genre further out.

Some of his numerous achievements include:

• Winning multiple international awards
• 2 times sold O2 Arena
• Making afrobeats a global thing.

Conclusion

Davido net worth in 2024 is predicted to be approximately $100 million, making him one of the wealthiest musicians in Africa. His wealth is greatly due to his music profession, endorsements, investments, and record label.

From a rich upbringing to a self-made music mogul, Davido is bringing out the best in his entertainment world.

His lavish lifestyle, philanthropy, and business enterprise make him one of Africa’s entertainment personalities currently enjoying the greatest respect from all quarters.

His story shows that talent, working harder and smarter, and making wise investments can make a global legend.