Is Davido the richest musician in Nigeria? How many cars does he have? How many mansions does he boast? Does he really have 30 billion naira? Those are some of the questions we have been getting from several NaijaHomeBased followers.
Therefore, we decided to carry out thorough research to provide you some insights on how much money Davido has. In other words, we are going to tell you about Davido’s net worth in 2020.
David Adedeji Adeleke was born into one of the wealthiest families in Nigeria – The Adeleke Family.
His grandfather and several of his uncles have a long history in politics.
Davido’s father, on the other hand, is a highly successful and influential businessman.
Despite being born with a silver spoon, Davido appears to be one of the meanest hustlers in Nigeria.
He has remained one of the most consistent faces in the Nigerian music industry for over a decade.
Consequently, he has managed to rake in millions upon millions, enabling him to sustain a flamboyant lifestyle.
Davido’s Net Worth 2020
According to several sources, Davido is worth an estimated $20 million (USD), which is approximately NGN 8 billion.
That figure ranks very high in the Nigerian entertainment industry and there is currently none with higher net worth.
But, what did our sources put into consideration to slap Davido with such an enormous amount of money?
Well, Davido’s car collection alone is worth around NGN 800 million.
Plus, he owns several expensive mansions in Nigeria and abroad.
His most expensive property is his Banana Island mansion, which he bought for around USD 1.5 million. That is, nearly NGN 600 million.
Davido amassed his fortune from music and the multi-million naira endorsement deals he has with popular brands such as MTN, Guinness Nigeria, Infinix mobile, among others.