Davido Net Worth 2024 – Luxury Lifestyle, and Big Earnings

Davido in a shopping mall
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Have you ever wondered just how close Davido, the Nigerian superstar, comes to living up to his “30 Billion Gang” nickname?

Known as the king of 30BG, Davido coined this famous catchphrase in his 2017 hit If with the unforgettable line, “30 billion for the account oh.”

Ever since his fans proudly call themselves the “30 Billion Gang.”

Today, let’s take a look at Davido’s net worth to see if he’s really worth the 30 billion hype!

DetailInformation
Full NameDavid Adedeji Adeleke
Date of BirthNovember 21, 1992
Place of BirthAtlanta, Georgia, USA
NationalityNigerian
EducationBusiness Administration at Oakwood University
OccupationSinger, songwriter, record producer
Net WorthBetween $40 million and $100 million

Net Worth 2024

Davido sits on the couch during interview
Source: YouTube/Screenshot, Davido is one of the Africa’s most popular performers

Although his actual net worth doesn’t reach the $30 billion mark, Davido has done exceptionally well for himself.

His net worth is estimated to be between $40 million and $100 million, thanks to a mix of music royalties, endorsements, concert earnings, and smart business ventures according to notjustok.

As one of Africa’s biggest music stars, Davido earns handsomely from concerts, endorsements, and features.

He has more than 694.5 million streams on Boomplay, over 2 billion streams on Spotify, and nearly 1.7 billion views on YouTube.

In June 2023, he headlined a sold-out concert at the 20,000-seat Capital One Arena in Washington, D.C., promoting his Grammy-nominated album Timeless.

On social media, he has a massive following, with at least 54.4 million fans on Instagram alone.

Biography

Davido performing on a live stage
Source: YouTube/Screenshot, Davido’s father is famous Nigerian billionaire

Davido, born David Adedeji Adeleke on November 21, 1992, in Atlanta, Georgia, USA, grew up in Lagos, Nigeria.

Raised in a prominent family, he is the son of Nigerian billionaire Adedeji Adeleke and has three siblings. His father is one of the richest people in Nigeria.

Initially studying Business Administration at Oakwood University in Alabama, Davido’s love for music eventually pulled him toward the Nigerian music industry.

Known for his unique sound and vibrant style, he quickly gained fame and became one of Nigeria’s leading musical talents.

Luxurious Lifestyle: Real Estate, Cars, and More

When it comes to luxury, Davido lives big. His real estate portfolio includes several stunning properties, from Lagos to Atlanta.

In May 2024, he added a new house in Eko Atlantic to his collection (price undisclosed).

In 2022, he bought a luxurious mansion in Lagos’ prestigious Banana Island neighborhood, worth around $1.5 million, which he later sold.

In the U.S., he owns a $20 million mansion in Atlanta, and back in Lagos, he has a N140 million ($340,000) home in Lekki.

Cars

 

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A post shared by Davido (@davido)

Davido’s car collection is just as impressive as his properties, showcasing his love for high-end vehicles.

Here’s a quick look at some standout cars:

  • Lamborghini Urus – worth around $200,000 (₦72 million)
  • Lamborghini Aventador – around $400,000 (₦150 million)
  • Rolls Royce Cullinan – valued at $350,000 (₦130 million)
  • Bentley Bentayga – purchased for $300,000 (₦130 million)
  • Audi R8 – a birthday gift to himself at 23, costing $70,000 (₦25 million)

As if that’s not enough, Davido also owns a Bombardier Global 6000 private jet, taking luxury travel to a whole new level.

Investments and Endorsements

Davido singing on the stage
Source: YouTube/Screenshot,

Davido is one of Africa’s most endorsed artists, securing numerous lucrative deals over the years.

His endorsements kicked off in 2012 with a ₦30 million deal from MTN, making him the face of the MTN Pulse campaign aimed at Nigerian youth.

This exposure launched him into the limelight, significantly boosting his career.

In 2013, he signed with Guinness Nigeria, which included performances at major events.

His brand partnerships grew with a long-term Pepsi endorsement in 2016, putting him in line with other top African artists.

He also worked with Infinix Mobile in 2018 and later partnered with Munch It Nigeria and 1xBet in 2021.

Among his biggest endorsement wins was a 2021 partnership with Martell Nigeria, reportedly worth $5 million, followed by a global ambassador role with Puma.

In addition to these, Davido has collaborated with brands like AXE, Travelbeta, Close Up, GAC Motor, and Bay Ice, with whom he recently released limited-edition automatic watches in 2023.