When you think of African music icons, Davido name instantly comes to mind. As one of the most successful musicians from the continent, Davido networth is greater than any other Celebrity net worth in Nigeria. Davido rise to fame and financial been nothing short of phenomenal.
But what really makes him stand out, apart from his numerous hit tracks, is his jaw-dropping net worth and lavish lifestyle. Let’s dive into the updated details of Davido net worth in 2024 and see how it compares to that of his industry rival, Wizkid.
How Much is Davido Networth
As of 2024, Davido networth is estimated at a jaw-dropping $50 million. When converted to naira, that’s approximately ₦43 billion (based on the current exchange rate). This incredible figure places Davido among the richest musicians, not only in Nigeria but across the entire African continent. His fortune is a testament to his immense talent, relentless work ethic, and smart investments over the years. Davido networth is also evident in his luxurious lifestyle, marked by exotic cars, grand mansions, private jet, jewelry and extravagant spending.:
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Exotic Cars
Davido is well-known for his love of luxury cars, and his collection is nothing short of breathtaking. His garage houses some of the most expensive and high-performance vehicles in the world, reflecting his extravagant taste and opulent lifestyle.
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Rolls-Royce Cullinan
A symbol of ultimate luxury, the Rolls-Royce Cullinan is the crown jewel of Davido’s collection. With a price tag of over $300,000, this SUV combines unparalleled comfort, cutting-edge technology, and a powerful V12 engine, making it a favorite among celebrities. -
Lamborghini Aventador
The Lamborghini Aventador is a testament to Davido’s love for speed and style. This Italian supercar, worth around $400,000, boasts a stunning design, a roaring V12 engine, and blistering acceleration, turning heads wherever it goes. -
Bentley Bentayga
Known as one of the most luxurious SUVs in the world, the Bentley Bentayga is another prized possession in Davido’s fleet. With its handcrafted interiors, advanced features, and a price tag of over $200,000, it perfectly complements his lavish lifestyle. -
Mercedes-Benz G-Wagon
A staple for luxury car enthusiasts, Davido’s customized G-Wagon is an impressive blend of ruggedness and elegance. Its bold design and off-road capabilities make it both stylish and practical for Nigerian roads. -
Ferrari 458 Italia
Adding more flair to his collection, Davido owns a Ferrari 458 Italia, a sleek and high-performance sports car valued at approximately $250,000. Its sharp looks and thrilling performance make it a standout addition to his garage. -
Porsche Panamera Turbo S
This luxury sedan combines sportiness and practicality, making it a versatile choice for a superstar like Davido. The Porsche Panamera Turbo S showcases advanced engineering and exquisite craftsmanship. -
Range Rover SV Autobiography
The Range Rover SV Autobiography, valued at over $180,000, offers top-notch luxury and powerful performance, making it a favorite among celebrities worldwide.
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- Mansions:
Davido’s real estate portfolio is as impressive as his car collection, with several lavish mansions that reflect his immense wealth and status. Known for his extravagant lifestyle, Davido has invested in some of the most luxurious properties both in Nigeria and abroad.
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Banana Island Mansion (Lagos, Nigeria)
One of Davido’s most notable properties is his mansion located in the exclusive Banana Island area of Lagos. Known for its breathtaking views and prime location, this mansion is a true testament to luxury. The sprawling property features multiple bedrooms, a grand living area, a swimming pool, and state-of-the-art security systems. The mansion is designed with modern aesthetics, offering a blend of comfort, privacy, and style. -
Atlanta Mansion (USA)
In addition to his Nigerian properties, Davido also owns a mansion in Atlanta, Georgia. This home is a lavish retreat where the artist spends time during his tours or vacations in the U.S. The mansion is equipped with top-notch amenities, including a home theater, gym, and private pool, offering both relaxation and entertainment. The American property further highlights Davido’s international influence and taste for opulent living. -
Lekki Mansion (Lagos, Nigeria)
Another one of Davido’s impressive properties is located in Lekki, one of the most desirable neighborhoods in Lagos. This mansion is a blend of contemporary style and traditional African design, with spacious interiors and meticulously designed exteriors. The property also features a large compound, a garden, and luxury finishes that make it one of the standout homes in the city. -
The Ibeju-Lekki Property
Davido also owns land in the upscale Ibeju-Lekki area, where he plans to build another state-of-the-art mansion. This property is strategically located in one of the fastest-growing parts of Lagos, known for its luxurious homes and business developments. His future plans for this land include building a sprawling estate with modern amenities and high-end features, showcasing his commitment to long-term investments. -
Other International Properties
Apart from his properties in Nigeria and the U.S., Davido is believed to have other international homes. These include luxury residences in Dubai and other parts of the world, adding to his extensive collection of high-value real estate. The artist is known for his love of global luxury, and his properties reflect his penchant for comfort, style, and prestige.
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- Private Jet: Davido’s lifestyle isn’t just about luxury cars and mansions; he also enjoys the convenience and comfort of traveling in style. The Nigerian music superstar owns a private jet, which further highlights his immense wealth and status. His private jet allows him to travel across the globe in luxury, avoiding the hassle of commercial flights and ensuring his safety and privacy at all times.
- Jewelry: His diamond-encrusted pieces, including his iconic “30BG” chain, are worth millions.
Breaking Down Davido’s Wealth
- Music and Concert Revenue Davido’s music catalog is streamed millions of times monthly on platforms like Spotify, Apple Music, and YouTube. He earns significant royalties from these streams, in addition to the revenue from his sold-out concerts across Africa, Europe, and the United States.
- Endorsement Deals Davido is a magnet for global brands, and his endorsement deals bring in millions yearly. Some of his most lucrative partnerships include:
- Davido Music Worldwide (DMW) Through his record label, DMW, Davido has nurtured and signed talented artists like Mayorkun and Peruzzi.
The label generates additional revenue through music collaborations and royalties.
- Real Estate Investments
Davido has invested heavily in real estate. His properties in Lagos, Abuja, and Atlanta, USA, are worth billions of naira.
Who’s Wealthier between Wizkid and Davido in 2024?
Another giant in the music industry is Wizkid. As of 2024, Wizkid’s net worth stands at approximately $45 million (around ₦38 billion). While both artists are incredibly successful, their income sources vary slightly. Comparing Davido networth to Wizkid’s highlights their different paths to wealth.
Music Collaborations: Wizkid’s Grammy-winning collaboration with Beyoncé on Brown Skin Girl and his album Made in Lagos significantly boosted his global profile.
Endorsements: Wizkid’s deals with Pepsi, UBA, and Puma bring in millions annually, showcasing his influence as a brand ambassador.
Lifestyle: Like Davido, Wizkid owns luxury cars, stunning properties, and frequently travels for shows worldwide. However, Davido networth reflects a more diversified approach, including investments and endorsements, making him one of the wealthiest musicians in Africa.
