Davido Net Worth in 2024, Biography, Record Label, Relationship & Music

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Davido Net worth, Biogrpahy, Record Label, Relationship, Music Career
Davido - via Afrokonnect

Welcome to this post about Davido Net worth in 2024, Biography, Record Label, Relationship, Music Career and more by Afrokonnect. David Adedeji Adeleke, better known as Davido, is a Nigerian singer, songwriter, and record producer who has become one of the most prominent figures in the African music industry. Born on November 21, 1992, in Atlanta, Georgia, USA, to Nigerian billionaire businessman Adedeji Adeleke, Davido was raised in Lagos, Nigeria.

His upbringing in a wealthy and influential family provided him with opportunities, but it also fueled his ambition to carve out his own path in the music world. Davido’s meteoric rise to fame, entrepreneurial spirit, and philanthropic endeavors have solidified his status as one of Africa’s most influential musical talents. In this comprehensive article, we delve into Davido’s life, career, net worth in 2024, record label, relationship life, and professional music journey.

Davido Net Worth in 2024, Biography, Record Label, Relationship Life and Professional Music Career

Davido’s net worth is expected to be estimated at $40 million USD in 2024. His money comes from a variety of sources, including record revenue, endorsements, performance tours, and commercial enterprises. Davido’s entrepreneurial energy and great financial skills have allowed him to establish a prosperous career both inside and outside of the music industry.

Early Life and Education Background:

Davido was born to parents; Deji Adeleke who is a Nigerian businessman and president of Adeleke University. He is also the CEO of Pacific Holdings Limited and married to Dr Vero Adeleke who died on 6 March 2003. The singer has two siblings; Sharon Adeleke and Adewale Adeleke. 

Davido attended the British International School in Lagos, where his passion for music began to flourish. He would often participate in musical competitions and events, showcasing his natural talent for singing and performing. Despite his interest in music, his father encouraged him to pursue a degree in Business Administration at Oakwood University in Alabama, USA. However, Davido’s heart remained in music, and he eventually dropped out of university to pursue his dreams.

Through his infectious music, entrepreneurial spirit, and philanthropic endeavors, he has inspired millions of people around the world and elevated the status of African music on the global stage. As he continues to push boundaries and break barriers, Davido’s legacy as a trailblazer in the music industry is sure to endure for generations to come.

Professional Music Career:

His interest in music began while attending Oakwood University in his late teens, and he started making his own beats and investigating music production. He dropped out of school and began pursuing music full-time, relocating to Lagos, Nigeria, and releasing his debut single, “Back When,” in 2011.

In 2011, Davido burst onto the Nigerian music scene with his debut single “Back When,” featuring Nigerian rapper Naeto C. The song quickly gained popularity and established Davido as a rising star in the industry. Later that year, he released his second single, “Dami Duro,” which became a massive hit and further solidified his position in the Nigerian music scene.

Davido’s debut studio album, “Omo Baba Olowo,” was released in 2012 to critical acclaim. The album featured hit singles like “All of You,” “Ekuro,” and “Overseas,” featuring Sina Rambo. It showcased Davido’s versatility as an artist and solidified his status as one of Nigeria’s most promising musicians. 

Since then, Davido has released several successful albums, including “The Baddest” (2015) and “A Good Time” (2019), which featured international collaborations with artists like Chris Brown, Popcaan, and Summer Walker. His music blends Afrobeats with elements of hip-hop, R&B, and pop, creating a unique sound that resonates with audiences worldwide.

His third studio album A Better Time was released on November 13, 2020, and in February 2021, he appeared on Time magazine’s Time 100 Next List. Davido released Timeless, his fourth studio album, on March 31, 2023.

Davido’s influence extends beyond music, as he has also ventured into other business endeavors. He is the founder and CEO of Davido Music Worldwide (DMW), a record label that has signed several talented artists and producers. Under his guidance, DMW has become one of the leading record labels in Nigeria, nurturing the next generation of African music stars.

Beyond music, Davido has ventured into other business ventures, including real estate, fashion, and endorsement deals with leading brands. His entrepreneurial acumen and ability to diversify his revenue streams have contributed to his immense wealth and influence.

Despite his fame and fortune, Davido remains deeply committed to giving back to his community and uplifting the less fortunate. He has been involved in various philanthropic initiatives, including educational scholarships, healthcare projects, and youth empowerment programs. In 2020, he launched the Davido Foundation, dedicated to providing access to quality education and healthcare for underprivileged children in Nigeria.

Davido’s philanthropic efforts have earned him widespread praise and recognition, cementing his legacy as not just a musical icon but also a humanitarian with a heart of gold.

Record Label: Davido Music Worldwide (DMW):

DMW, founded by Davido in 2016, has been instrumental in shaping the Nigerian music landscape. The label is home to artists such as Mayorkun, Dremo, Peruzzi, and others, who have all achieved success under Davido’s mentorship. DMW’s roster of talent continues to grow, with Davido actively seeking out and promoting new artists who represent the future of African music.

Relationship Life of Davido:

Davido’s personal life has also garnered significant attention from the media and fans alike. He has been involved in high-profile relationships with several women, including Sophie Momodu, the mother of his daughter Imade Adeleke, and Chioma Rowland, with whom he shares a son named Ifeanyi Adeleke.

Although, the toddler died just a few days after celebrating his third birthday. Ifeanyi was born in Atlanta to Davido and his fiancé, Chioma Rowland. The three-year-old died after drowning in a swimming pool on November 1 and his death was indeed a tragic accident.

The Artist revealed that the support he got from sympathisers aided his recovery. He said several persons, including artistes and politicians, flooded his Instagram with direct messages during the incident. He said: “Personally, with me, the support I got from people was one of the things that helped me stand up again.

“At some point, I couldn’t open my Instagram for weeks. One day, I just checked it and I saw messages from every kind of person in the world, from politicians to sportsmen, to other musicians, to presidents, I was like, ‘you’re fine, you see everybody is rooting for you.’ “That was one thing that really made me strong enough to stand up again, get back in the studio and do what I love.” Davido, the Nigerian singer has six children; three boys (including Ifeanyi who is now late), and three girls.

His relationship with Chioma, affectionately known as “Chef Chi,” captured the public’s imagination and was often showcased on social media, where Davido would lavish her with extravagant gifts and declarations of love. However, in recent years, there have been rumors of strains in their relationship, leading to speculation about their future together. He confirmed his marriage to his partner Chioma in March 2023. Davido, the Nigerian singer has five baby mamas who are; Sofia Momodu, Chioma Avril Rowland, Amanda (aka Laplubelle), Larissa London, Anita.

Davido Net Worth in 2024, Biography, Record Label, Relationship Life and Professional Music Career

In December 2015, Vanguard newspaper reported Davido and the mother of one of his daughters were embroiled in a struggle over custody of their child. The mother and her family filed a petition against Davido and his family for alleged child trafficking. In a petition sent to the Director-General of the National Agency for the Prohibition of Trafficking in Persons, Davido and his family were accused of keeping the child away from her mother and of trying to flee Nigeria with the baby. Davido said the allegations against him were false but apologized to Dele Momodu, the cousin of the girl’s mother.

Despite the challenges in his personal life, Davido remains focused on his music career and continues to push the boundaries of African music on the global stage. His work ethic, talent, and dedication to his craft have earned him numerous accolades and awards, including multiple MTV Africa Music Awards, BET Awards, a MOBO Award and also a Grammy Nomination. 

Davido Net Worth in Naira and Dollars in 2024

As of 2024, Davido’s net worth is estimated to be in the range of $40 million, which equals over 64,051,200,000 Nigerian Naira. His wealth is derived from various sources, including music sales, endorsements, concert tours, and business ventures. Davido’s entrepreneurial spirit and keen business acumen have enabled him to build a lucrative career both within and outside the music industry. Read more about Wizkid Net Worth and detailed Biography.

Awards and Recognition

  • MTV Europe Music Award for Best African Act 2017
  • BET Award for Best International Act 2018
  • Headies Award for Song of The Year 2018
  • Headies Award for Digital Artist of the Year 2022
  • Nigeria Entertainment Award for Hottest Single of the Year 2017

Conclusion on Davido Net Worth in 2024 and Biography

Davido Net worth, Biogrpahy, Record Label, Relationship, Music Career
Davido – via Afrokonnect

Davido’s journey from a young aspiring musician to one of Africa’s most influential artists is a testament to his talent, ambition, and resilience. Despite facing challenges along the way, he has remained true to his passion for music and has used his platform to uplift others in the industry. As he continues to evolve as an artist and entrepreneur, Davido’s impact on African music and culture will undoubtedly endure for years to come. Despite his immense success, Davido remains grounded and continues to reinvest his earnings into his various business ventures and philanthropic endeavors.

On that note, this brings us to the end of this post about Davido Biography, Net worth in 2024, Record Label, Relationship, Music Career and more by Afrokonnect. Let us know what you think via the comment section below. 

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