Davido record label in Nigeria


There has been numerous requests from viewers asking about the net worth of the popular Nigerian musician, Davido and his source of income. These questions alone brought to us the attention — to provide you the answers on Davido net worth for 2021 in Nigeria.

Davido has been noted as a popular Nigerian hip hop singer, song writer, performer, producer with a lot more in Africa.

In terms of hip hop music in Nigeria, Davido has been noted and counted as one of the most influential hip hop artiste that has embraced more to his music career across the globe. His songs has had a lot of streams and watches on various video streaming platforms and YouTube. From Restaurants, Clubs, parties and entertainment gathering, Davido’s songs are mostly played and aired.

In today’s article, I will like to provide you with the latest update from Nigeria Insider on Davido’s net worth and his source of income in Nigeria.

About Davido

David Adedeji Adeleke, better known as Davido was born on November 21, 1992 in Atlanta, Georgia. He is known as an American-born Nigerian singer, songwriter, musician and record producer.

Early Life

A lot of people are asking for the parents of Davido. If you are asking for the parents of Davido, his father Adedeji Adeleke is a business magnate and his mother Vero Adeleke was a university lecturer. Davido is the youngest of five siblings and his father’s second-born son.

Education Life

He attended the British International School in Lagos and at the age of 16, he moved to Alabama, US. Davido studied Business Administration at Oakwood University, a private, formerly black Seventh-day Adventist university in Huntsville, Alabama in the United States.

Music Life

Davido after studying Business Administration at Oakwood University in the United States, before dropping out to make beats and record vocal references. Davido then bought musical equipment while at the Oakwood University and started making his own beats and for others.

Davido rose to fame after releasing “Dami Duro”, the second single from his debut studio album Omo Baba Olowo (2012), from which six additional singles — “Back When”, “Ekuro”, “Overseas”, “All of You”, “Gbon Gbon”, and “Feel Alright” — were taken.


Davido has faced accusations of being a member of the Black Axe confraternity (Aye Cult Group). He has been accused of making cult gang gestures in his music and personal videos. On September 5, 2018, Daily Post reported a suspected Black Axe cult member arrested by the Nigerian Police confessed that he was lured into the group with promises that he would meet music star, Davido.

Does David Own Record Label?

Yes, Davido owns a record label in Nigeria, that has signed numerous musicians and produced a lot of songs so far in Nigeria.

What Is The Name Of Davido’s Record Label?

In January 2016, Davido announced on Twitter he had signed a record deal with Sony Music and a few months later founded the record label Davido Music Worldwide (DMW), to which acts Dremo, Mayorkun, Yonda and Peruzzi are currently signed to. Davido welcomed the first female artist, Liya, to his record label on 2nd October 2020.

Popular Songs Released By Davido So Far?

Davido after dropped out of school, returned to Nigeria in 2011, paused his music career and agreed to honor his father by enrolling at Babcock University. In July 2015, Davido graduated from Babcock with a degree in music after his father paid the university to start a music department for an inaugural class of one student.

Davido started working on his debut studio album Omo Baba Olowo in 2011. The Nigerian  hip hop and afrobeats musician, Davido has released numerous songs so far and these are; “Dami Duro”, “Overseas”, “Gbon Gbon”, “All of You”, “Feel Alright”, “One of a Kind”, “Gobe”, “Skelewu”, “Aye”, “Tchelete (Goodlife)”, “Dodo”, “Fans Mi”, “Owo Ni Koko”, “The Sound”, “The Money”, “Gbagbe Oshi”, “How Long”, “Coolest Kid in Africa”, “If”, “Fall”, “Pere”, “Fia”, “Like Dat”, “Flora My Flawa”, “Assurance”, “Nwa Baby”, “Wonder Woman”, “Blow My Mind”, “Risky”, “A Good Time”, “Blow My Mind” and “FEM”.

Davido’s Album Released

Currently, Davido has four (4) albums and these are; Omo Baba Olowo (2012), Son of Mercy (2016), A Good Time (2019) and A Better Time (2020).

Davido’s Net Worth 2020

Davido net worth for 2020 in dollars according to Forbes is estimated at 16 million. In addition, Davido has over 10 million streams on his YouTube channel. That is Davido’s net worth according to Forbes. If you happen to be in Nigeria and wanting to know more about Davido’s net worth in Naira, then Davido net worth 2021 in Naira is ₦8.5 Billion Naira.

Davido’s Source of income

Davido’s primary source of income is from his music career. Others to mention are from endorsement projects of which one of such is the 30 million Naira MTN and 50 million Naira Close Up deals, the performance at the Guinness World of More Concert alongside artists including P-Square, D’banj, Wizkid, Ice Prince, Burna Boy, Olamide, Phyno, Chidinma, Waje and Tiwa Savage contributing to the net worth of Davido.

Davido’s House

The singer is a proud owner of 2 houses, One in Atlanta, Georgia, USA. Which cost him $20 million, His second house is the N140 million mansion at Lekki, Lagos State, Nigeria. It was reported that the house has two floors aside from the basement, a Jacuzzi, swimming pool, a well-equipped Gym.

He also bought an N45 million mansion for his music producer and friend Shinji.

Davido Net Worth 2020

Despite these houses owned by Davido in Atlanta, Georgia, USA — the Nigeria musician Davido also has a new House in Banana Island.

Davido also has a new House in Banana Island

Davido Cars

Davido is a man with a good test and a luxurious car lover, he filled his garage with lovely car collections. Check out the cars Davido has been sported out with;

Davido Private Jet

Davido’s private jet had stirred controversy on social media following claims by some fans that his net worth could not buy him a private jet yet.


View this post on Instagram


I need a new plane …..

A post shared by Davido (@davido) on

Davido leads a luxurious lifestyle owing to his status. He once shared a picture of his family’s private jet on social media, attracting mixed reactions from his fans. Later, he announced on Twitter that he was expecting his jet. Read his tweet here.

However, on Saturday after pictures of Davido’s father and his friends praying on the ‘said private jet went viral, the self-acclaimed Omo Baba Olowo revealed that his Father owned the jet.

Davido’s Family In Nigeria

Davido’s girlfriend name is Chioma Avril Rowland.  The Nigerian musician Davido has three children, namely Hailey Veronica Adeleke, Aurora Imade Adeleke, David Adedeji Adeleke Jr.

Awards Received By Davido In Music Career

Embracing much to his full time music career, Davido has received numerous awards as part of his hard work towards the Nigerian music industry.

Davido has received a lot of awards so far, and these awards are;

Awards Received By Davido in 2014

  • MTV Africa Music Award for Artist of the Year (2014)
  • Nigeria Entertainment Award for Male Artist of the Year (2014)
  • BET Award for Best International Act: Africa (2014),
  • City People Music Award for Music Artist of the Year (2014)
  • Nigerian Entertainment Award for Male Artist of the Year (2014)

Awards Received By Davido in 2015

  • Teen Choice Award for Celebrity Award – Top Featured Artist ( 2015)
  • Nigerian Teen Choice Award for Celebrity Award CHOICE Make Artist (2015)
  • Nigeria Entertainment Award for Best Pop Artist of the Year (2015)

Awards Received By Davido in 2016

  • City People Music Award for Best Collabo of the Year (2016)

Awards Received By Davido in 2017

  • City People Music Award for Popular Song of the Year (2017)
  • MTV Europe Music Award for Best African Act (2017)
  • Nigeria Entertainment Award for Hottest Single of the Year (2017)
  • The Future Awards Africa Prize for Music (2017)
  • Nigerian Entertainment Award for Afropop Male Artist (2017)
  • City People Music Award for Popular Song of the Year (2017)
  • Nigerian Entertainment Award for Afropop Male Artist (2017)
  • The Future Awards Prize for Music (2017)

Awards Received By Davido in 2018

  • The Headies Award for Song of the Year (2018)
  • The Headies Award for Best Pop Single (2018)

Davido as part of one of his dreams to have his video on TV stations in Nigeria, started playing D’Banj and P-Square and his friends loved it when he was in school in Atlanta, US.

In summary, Davido dropped out of Oakwood University to pursue music full-time and relocated to London, where he worked on his vocals and these are all the information you may need to know about the popular Nigerian Musician, Davido net worth for 2021 according to Forbes and in Nigeria.

Source: Nigeria Insider

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