Singer, songwriter, and record producer David Adedeji Adeleke (born November 21, 1992) goes by the stage name Davido. He was born in the United States.
The indigenous African sounds he incorporates into his music are fused with modern pop styles.
Early Life
David Adedeji Adeleke was born on November 21, 1992, in Atlanta, Georgia, and he is known by his stage name, Davido. His father, Adedeji Adeleke, is the President of Adeleke University and a prosperous businessman who controls Pacific Holdings Limited.
Vero, his mom, was a professor at a university back in the day. Davido is the second son his father has ever had, and he grew up in a family of five elder brothers and sisters.
He started his education at the British International School Lagos (BIS) on Victoria Island and continued it at Oakwood University in Alabama once he turned 16.
Davido’s interest in music developed while he was an Oakwood student, and he soon afterward began purchasing instruments and producing his own songs. Davido enlisted his cousins B-Red and Sina Rambo to form the music group KB International.
Later, he relocated to London and began honing his singing skills there after dropping out of Oakwood University to pursue music full-time. Upon his return to Nigeria in 2011, Davido put his music career on hold to attend Babcock University.
After his father financed to establish a music program at Babcock University with the intention of enrolling Davido as the program’s first student, Davido graduated with a degree in music in July 2015.
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Davido Net Worth
Davido is a multitalented musician with a $10 Million fortune in Nigeria. He is a singer, composer, and record producer. Davido was born on November 16th, 1992 in Atlanta, Georgia. He relocated to Lagos at a young age and in 2012 unveiled his first proper album, titled Omo Bab Olowo. In 2016, Davido dropped the extended play Son of Mercy.
| Net Worth | $10 million |
| Source of wealth | singer, songwriter, and record producer. |
| Date of Birth | November 21, 1992 |
| Place of Birth | Atlanta, Georgia, United States |
| Birth given name | David Adedeji Adeleke |
| Also known as | OBO |
| Record label | Sony, RCA, DMW |
| wife | Chioma |
| Number of children | 3 |
| tribe | Yoruba |
The song “Dami Duro” from him became popular in Nigeria. The HKN Music record company is owned by Davido and his older brother Adewale Adeleke.
Producer Davido has worked with a wide range of musicians, from Naeto C and Tiwa Savage to Skales. In 2013, he collaborated with Guinness Nigeria at the Guinness World of More concert after signing an endorsement contract with MTN Nigeria.
After signing with Sony Music in 2016, he launched his own record label, Davido Music Worldwide, the following year. During 2016, he decided to join forces with RCA Records. Davido and Infinix Mobile entered into an endorsement agreement in 2018.
Endorsements
A large portion of Davido’s wealth comes from endorsement arrangements, including as the 30 million Naira MTN and the 50 million Naira Close Up deals. In order to promote their beer, Guinness Nigeria inked Davido to an endorsement arrangement.
The question is, how much does a Davido concert cost? You may be curious as to the going rate for this Nigerian performer. The vocalist may do 40–50 gigs per year all around the world.
With (Trinidad Cardona and AISHA), Davido was featured on the first single from the FIFA World Cup Qatar 2022TM Official Soundtrack, “Hayya Hayya (Better Together),” released in March 2022. As far as we know, Davido was the first Nigerian artist to be included on a FIFA World Cup track.
Other Sources of Davido’s Income
Davido makes the majority of his money from his music career, and his concerts and performances command extremely high ticket prices. It contributed to a rise in his wealth.
Davido’s concert fees range from N10–N40 million for domestic concerts and $1,000,000–$200,000 for international engagements, adding significantly to his wealth.
Davido, a well-known artist, typically takes in more than forty performances each year. Davido’s hard work is reflected in his net worth, which can be calculated by multiplying the number of performances by the money he earns at each one.
Davido’s YouTube videos have more than 663 million views, helping him boost his career and wealth.
After Davido signed with Sony Music in 2016, he immediately established his own record label called DMW. It was Mayorkun who was his first major signing for DMW. Davido’s DMW eventually become an additional revenue stream for him.
Even as Davido has grown rich off of the success of the DMW, he has also been instrumental in the development of a generation of African musicians.
To paraphrase Davido, “people fail to grasp you can’t be on top forever; having these artists helps me keep afloat and current on new ideas.”
Davido is a young artist whose success is a direct result of his own efforts in the music industry and not, as is commonly believed, his father’s fortune or fame.
A recent estimate places Davido’s wealth at $25 million.
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Davido’s Lifestyle
Davido, who is estimated to be worth over $25 million, is notorious for his lavish spending habits. Incessantly, he brags about how expensive and shiny his possessions are.
Davido once posted a photo of his family’s own jet to Instagram, drawing a wide range of responses from admirers and detractors alike.
On Twitter, he contributed similarly. In the process of purchasing. It’s not a can of soup; it’s determination and drives. Some praised his confidence, while others saw it as a sign of arrogance.
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