Richest People
Burna Boy Closer to Davido’s Wealth
Davido emerges as the wealthier artist between Davido and Burna
This article aims to settle the debate on who is richer between Davido and Burna Boy, two of Nigeria’s biggest music stars. Despite fans taking sides and engaging in discussions about their net worth, both artists have denied being in direct competition with each other.
Over the past decade, Davido and Burna Boy have captivated audiences in Nigeria, Africa, and worldwide, establishing themselves as dominant forces in the global music industry.
While there are various speculations about their net worth, this article will provide reliable and up-to-date information to determine who holds the greater wealth.
Davido Net worth
Davido, also known as David Adeleke, is a sensational Afrobeat artist and one of Nigeria’s Richest musicians, boasting a net worth of $29 million. He gained prominence in 2012 with the release of his hit single “Dami Duro,” captivating fans and accumulating global fame and fortune. Similar to Wizkid, Davido’s net worth is a comprehensive evaluation encompassing his properties, cars, endorsement deals, digital streams, shows, and performance fees.
Biography
Davido was Born in Atlanta, Georgia, in November 1992, Davido later moved to Lagos. In 2012, he launched his debut studio album, “Omo Baba Olowo.” The album’s track “Dami Duro” became immensely popular in Nigeria.
He partnered with Guinness Nigeria for the Guinness World of More event in 2013 and secured an endorsement contract with MTN Nigeria. In 2016, Davido entered into a contract with Sony Music and established his own label, Davido Music Worldwide. The following year, he joined RCA Records.
Davido’s net worth predominantly stems from his music career and endorsement projects, such as the MTN endorsement deal and collaborations with Guinness Nigeria and Infinix Mobile, among others. He performs at local and international shows, earning substantial fees of up to N10 million per performance in Nigeria and $30,000 for international shows. Additionally, his YouTube channel, with over 663 million views, and his Instagram account greatly contribute to his wealth.
In fact, each of Davido’s Instagram posts holds an estimated value of $91,100, positioning him among Instagram’s richest celebrities worldwide. He ranks second on the list of Nigeria’s top 10 richest musicians.
Davido’s endorsement deals
PUMA Endorsement
Davido has secured several endorsement deals throughout his career. Notably, he signed a lucrative $3 million deal with PUMA, which generated online reactions comparing him to Wizkid.
Wema Bank Endorsement Deal
Additionally, he partnered with Wema Bank, and while the exact details remain undisclosed, speculations suggest it could be worth up to N1 billion.
Martell Blue Swift
In 2021, he signed a $5 million deal with Martell, a French Cognac brand, further boosting his earnings. Other brands he has collaborated with include Pepsi, Travelbeta, Close Up, Guinness, MTN Pulse, Pampers, Infinix mobile, and 1xbet, among others.
Davido’s Cars and Houses
Davido’s extravagant lifestyle extends to his collection of properties and luxurious cars. He owns three houses: one in Atlanta, Georgia, USA, and two in Lekki and Banana Island, Lagos, Nigeria. Known for his affinity for cars and extravagant jewelry, he possesses high-end vehicles such as the Rolls Royce Cullinan, Lamborghini Huracan, Bentley Bentayga, and Range Rover, among others.
Among his car collection, the Rolls Royce Cullinan stands out as the world’s most expensive SUV, priced at $341,500. With its twin-turbo 6.7-litre V12 engine producing 563 horsepower, it showcases luxury and power.
Like many celebrities, Davido also owns a customized luxury Sprinter bus. The Mercedes Benz Sprinter is a powerful and efficient van equipped with a 4-cylinder gas-fed engine producing 188 hp.
Celebrities often rely on these customized buses to transport themselves and their teams to shows and other engagements. Davido’s display of wealth and philanthropic endeavors solidify his position as one of Nigeria’s richest musicians
| Name | David Adedeji Adeleke |
| Date of Birth | 21 November 1992 |
| Age | 30 years old |
| Gender | Male |
| Known As | Davido |
| State of Origin | Osun State |
| Nationality | Nigeria |
| Up Time | 2011 Till Date |
| Source of Income | Brand ambassador, Singer, and Songwriter |
| Record Label | DMW, Sony Entertainment, HKN Music, RCA Record, Columbia Record |
| Davido’s Net Worth | $29 million |
Burna Boy’s Net Worth
Burna Boy earns an estimated income of $1,000,000 per year, contributing to his impressive net worth of $22 million as of 2023, and he is among the top five richest musicians in Nigeria.
Additionally, Burna Boy has secured lucrative endorsement deals with reputable brands such as Globacom, Nigerian Breweries Plc, Star Lager Beer, and Mortell Cognac.
Burna Boy’s success in the music industry, coupled with his impressive net worth and lavish possessions, exemplifies his journey from a rising talent to a global superstar.
Biography
Damini Ebunoluwa Ogulu, widely known as Burna Boy, is a Nigerian singer, songwriter, rapper, dancer, and two-time Grammy Award winner. Born on July 2, 1991, in Port Harcourt, Rivers State, he hails from the Ogulu family. With an estimated net worth of $25 million, Burna Boy has established himself as one of the most successful African artists of all time.
Burna Boy’s rise to fame began in 2012 with the release of his hit song “Like to Party.” This track was featured on his debut studio album, L.I.F.E (Living Impact To Eternity), which was released in 2013. On the first day of its release, the album sold over 40,000 copies, catapulting Burna Boy into the limelight.
Houses and Cars
When it comes to his assets, Burna Boy owns luxurious properties and extravagant vehicles. He possesses an impressive 8-bedroom mansion located in Lekki, Lagos, Nigeria.
As for his car collection, it boasts a 2013 Ferrari 485 Italia worth N100 million, a Rolls-Royce Dawn Convertible worth N125 million, a Lexus Salon 2015, a Mercedes Benz G Wagon worth N25 million, a Lexus SC 430 worth N18 million, a Ford Edge Sport worth N15 million, and a Bentley Continental GT worth N200 million.
| Name: | Damini Ebunoluwa Ogulu |
| Date of Birth: | 2 July 1991 |
| Age: | 31 years old |
| Gender: | Male |
| Known As: | Burna Boy |
| State of Origin: | Rivers State |
| Nationality: | Nigeria |
| Up Time: | 2012 Till Date |
| Source of Income: | Singer, Dancer, and Songwriter |
| Record Label: | Spaceship, Bad Habit, Atlantic Warner Music |
| Burna Boy Net Worth: | $22 million |
Who is Richer between Davido and Burna Boy?
When it comes to wealth, Davido holds the title of being the richest between Davido and Burna Boy. With a net worth of $29 million, Davido surpasses Burna Boy’s estimated net worth of $22 million.
Davido’s ownership of the record label DMW has contributed to his financial success. On the other hand, Burna Boy’s record label Spaceship has also played a part in his journey.
While Burna Boy has gained recognition and popularity with albums like “African Giant” and “Twice As Tall,” Davido’s overall wealth remains significantly higher. Thus, in terms of riches, Davido takes the lead in 2023, and now I hope you have your answer.
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