Entertainment
Davido’s Net Worth Hits $50 Million In 2023
Nigerian-American singer, David Adeleke, better known as Davido, a songwriter, and record producer who has gained worldwide recognition for his musical talent, is said to be worth $50 Million.
According to various online resources (Wikipedia, Forbes, IMDB), the popular Nigerian-American singer estimated net worth is now around $50 Million.
In March 31, 2023, the singer released his fourth studio album titled “Timeless”, which included hit songs like “Away”, “Unavailable” and “No Competition”.
Davido’s Timeless Album has been a commercial success, with millions of streams and downloads worldwide. It has further cemented Davido’s status as one of Nigeria’s most successful and influential music artists.
Two days after it released on YouTube, it garnered over 4.5 million views and made history by becoming first African album to top US iTunes charts in the world’s largest music market.
A music chart, Chart data, confirmed this via it’s Twitter handle saying, “#davido’s ‘Timeless’ becomes the first African album in history to reach #1 on US iTunes.”
The album also set a new record for first-day streams on Audiomack.
The album is also currently No. 1 on the Nigerian Top Albums Chart and in 17 other countries on Apple Music.
“Timeless” comprises 17 tracks and features collaborations with Skepta, Angelique Kidjo, Asake, Focalistic, The Cavemen, among others.
The album is a mix of dancehall, ragga, konto, highlife, and Afropop.
The album was well-received by fans and critics alike,
Davido has also begin performance at concerts and events across the world.
Recently, the singer announced his upcoming performance at the Forbes Under 30 Summit, taking place in Gaborone, the capital of Botswana on April 23-26.
In addition to his music career, Davido is also a successful businessman. He is the founder of Davido Music Worldwide (DMW), a record label that has signed artists such as Mayorkun and Peruzzi. He is also the co-owner of HKN Music, a record label he founded with his brother Adewale Adeleke.
He has also secured endorsement deals with brands such as Pepsi and Infinix Mobile.
He has also been praised for his philanthropic efforts, including his work with the Adeleke Foundation, which provides scholarships and educational opportunities to underprivileged children in Nigeria.
Lagos witnessed an electrifying night of Afrobeats excellence on December 23, 2024, as the Flytime Music Festival took center stage.
Headlined by Nigerian music powerhouse Olamide, the event brought together an impressive lineup of stars to deliver unforgettable performances.
Olamide, affectionately called “Baddest” by fans, captivated the audience with back-to-back hits from his extensive catalog, including fan favorites like Melo Melo and Duro Soke.
The night turned emotional when Zlatan Ibile joined Olamide on stage and knelt in homage, a moment that resonated deeply with the crowd.
READ MORE: Ibadan Funfair Tragedy: Former Ooni’s Wife, Others Remanded Over Stampede
The festival also showcased the generational impact of Olamide’s artistry.
Rising stars like Lil Kesh, Young Jonn, and Pheelz, who credit Olamide as a mentor, joined him on stage for a nostalgic display of talent.
Bella Shmurda, Fireboy DML, and Wande Coal also made show-stopping appearances.
A highlight of the night was the powerful duet between Olamide and Wande Coal on their hit song Kpe Paso.
Afrobeats royalty turned out in full force to support Olamide. Icons like Tiwa Savage, Phyno, Peruzzi, and Iyanya performed alongside emerging stars such as Magixx, Omah Lay, Orezi, Khaid, and Lojay, making the event a celebration of the genre’s past, present, and future.
CKay added extra flair by joining Olamide for a vibrant performance of their collaboration, Wahala, while Tiwa Savage brought her signature energy to the stage, keeping fans on their feet.
Backstage, entertainers Tunde Perry and Farulee added a dose of humor, further elevating the night’s excitement. Flytime Music Festival 2024 was more than a concert; it was a testament to the unifying power of music and a celebration of the global dominance of Afrobeats.
Nigerian music sensation Davido was recently seen engaging warmly with Bose Ogulu, the mother and manager of Grammy-winning artist Burna Boy, at Tony Elumelu’s exclusive all-white party in Lagos.
The event, hosted by the prominent entrepreneur and philanthropist, gathered a star-studded assembly of celebrities, business leaders, and influencers.
The interaction between Davido and Ogulu drew significant attention, especially considering the previously reported tensions between Davido and Burna Boy.
Their cordial exchange at the event has sparked discussions among fans and observers, suggesting a possible easing of past disagreements.
READ MORE: Davido Announces 2025 Album 5IVE, Drops Single ‘Funds’
The all-white party, known for its elegance and high-profile guest list, featured performances from top Nigerian artists, including Davido and Burna Boy. Their individual performances were among the highlights of the evening, showcasing the unity and vibrancy of the Nigerian music industry.
Tony Elumelu’s gatherings are renowned for bringing together diverse talents and fostering a spirit of collaboration. The presence of both Davido and Burna Boy’s mother at the same event underscores the influential role such occasions play in bridging gaps within the entertainment community.
As videos and images from the event circulate on social media, fans express optimism about the potential reconciliation between the two music giants. Many hope that this encounter signifies a new chapter of collaboration and mutual respect in the Nigerian music scene.
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Several children lost their lives, and many others were injured in a tragic incident at a funfair in Ibadan, a city in south-west Nigeria.
The event, which was advertised as free entry, attracted a massive crowd, resulting in a crush as attendees struggled to gain access.
Eyewitnesses reported that over 5,000 children gathered at the venue, located at the Islamic High School Basorun. The tragedy unfolded when the main organisers arrived to begin the event. While the exact sequence of events leading to the crush remains unclear, the situation escalated into chaos, leaving scores injured.
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The Oyo state government confirmed the incident, stating that victims had been rushed to various hospitals across Ibadan for treatment. In a statement, they acknowledged “multiple loss of lives and injuries.” Authorities have urged concerned parents to check local hospitals for their children’s whereabouts.
The devastating event has left the community in shock, with residents mourning the lives lost in what should have been a joyous occasion. Investigations are expected to shed light on how the situation spiraled out of control.
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