When it comes to music stars, we can tell just how abundant their coffers are when we take a look at the items they pay for. Nigerian songwriter and singer, David Adeleke, popularly known as Davido, is one of those stars with a thing for showing off their wealth, parting with whooping sums for articles that the average Nigerian could get at no price at all.
For instance, in 2019, the singer shelled out 1.8 million naira to buy a diamond-coated lighter. That’s right, he paid that much just so he could light his cigarettes. In the same year, he acquired a diamond neck chain with his son’s face crested on it which was estimated to be worth around 150 million naira.
When it comes to his garage, the singer equally splurges out a fortune on exotic cars. His collection includes 2021 Rolls Royce Cullinan, Lamborghini Huracan, Bentley Bentayga, Porsche Panamera Turbo S, Audi R8 amongst others.
There have been a lot of speculations about how rich the singer is, and he has equally fueled such speculations in the past with a line in his hit single, “IF” where he said he has “30 billion for the account”.
Furthermore, when we consider his very wealthy background, the question prodding the minds of many is: “Just how rich is Davido?” Today, we are here with the answer to that question as we compare the “Aye” crooner with artistes from the South-East.
Before we dig into the comparisons, it is important to note that according to Forbes, Davido’s net worth is estimated to be around 25 million US dollars and he is not even the richest artiste in Nigeria. And that is why we chose Davido because he is arguably the richest Nigerian musician.
Welcome to the South East
The South East has a number of artistes who have made names for themselves across several genres in the Nigerian music industry and beyond. Undoubtedly, the biggest of these artists include Tekno, Phyno, Flavour N’Abania, and the defunct P-Square duo.
We are sorry there is no room here for Patoranking, KC, the Bracket guys, Runtown, Humble Smith, Larry Gaaga, Ill Bliss, Zoro, Masterkraft, and, to shake a little table, Umu Obiligbo.
To answer the question “How rich is Davido compared to South-East artists?” we will have to analyze every detail available to us about what makes up the net worth of each of these artists including their charge per show, earnings from various music platforms, ambassadorial deals, other recognized business ventures and their houses and cars.
Let’s get started.
His actual birth name is Augustine Miles Kelechi, an indigene of Ivo Local Government Area in Ebonyi State, Nigeria. He was only 8 years old when he began taking piano lessons and that became the cradle for the birthing of a flourishing musical career that we have all come to enjoy over the years.
The 28-year-old afrobeat artist has put pen to paper on several endorsement deals that have earned him a fortune and that includes an ambassadorial deal with MTN Nigeria which was reported to be worth 18 million naira and a partnership with Sony Music which was around $ 1.7 million dollars.
Just like Davido, Tekno has no exceptions to making a spectacle of his wealth and he has an impressive car collection that proves just that.
Some of his big-ticket cars include a red Bentley Continental IGT which is worth 75 million naira and perhaps is his most-prized possession since it is always likely that you will see it in the location of any show he attends, a Range Rover HSE, an immaculate white Lamborghini Aventador, and a black Rubicon Wrangler according to carmartNG
Currently living in the diaspora, the “Pana” crooner owns a house in Atlanta Georgia, USA, which is reportedly worth around $20 million. He equally owns a multi-million mansion at Lekki, Lagos State, Nigeria.
According to Forbes, Tekno is estimated to be worth $2.8 million dollars.
Davido is about nine times richer than Tekno.
Azubuike Nelson Chibuike a.k.a Phyno or Phyno fino is arguably Nigeria’s most pronounced indigenous rapper with several plaudits from song critics at home and abroad. Phyno, a nickname which was coined out of the word, “Phenomenal” proves that the Anambra-indigenous singer couldn’t have had a better name to describe his career.
He has been in the music industry for close to ten years and consequently, he has become a household name that attracts endorsement deals with some of the most popular brands in the country including Airtel Telecommunications, Nigerian Breweries, Nairabet amongst others.
Read this – Everything we know about Phyno revealed
The rapper has a thing for British cars and his garage boasts of some of such cars including Bentley Continental GT of about 77.5 million naira, Rolls-Royce Phantom which costs 170 million naira, and a 90 million naira Range Rover.
According to Naijauto.com, Phyno owns 2 houses in Enugu and along Chevron Drive, Lekki, Lagos State, both of which are to the tune of over 200 million naira. The rapper has a net worth of around $10 million dollars.
Davido is two and a half times richer than Phyno.
Chinedu Izuchukwu Okoli, who is better known as Flavour, is a Nigerian songwriter, composer, singer and vast instrumentalist. His genre includes Afro-highlife, Afro-pop, and sometimes gospel. He is perhaps very recognizable for his lyrical depth and easy use of the Igbo language in his songs.
Music began for him as a drummer in a local church and over the years, he has transitioned into a multi-award-winning singer. Flavour’s talent has earned him some mouth-watering deals with bands including energy-drink company, Bullet, MTN Nigeria, Nigeria breweries and others.
During a chat with TV host and presenter, Ebuka Obi-Uchendu, Flavour revealed that anyone who wants to get him to perform on a show would have at least 10 million naira. That’s right, Flavour costs that much to perform for you.
The Ashawo master invests quite a share of his fortune accumulated over the years into cars and his collection includes a Range Rover Vogue, Mercedes-Benz G63, Lexus LX 570, BMW X6 amongst others. He is worth an estimated sum of $12 million dollars.
Davido’s net worth is just two a little more than times more than Flavour’s.
Former member of the now-defunct P-Square group, Peter Okoye a.k.a Mr. P, is next on our list. He is the identical twin brother of songwriter and music producer, Rudeboy, and together, both were formerly a team, writing songs and giving us some of the best acts we have ever seen in the industry before the split happened.
Naijauto reveals that before the split, the twins jointly owned properties including a twin duplex in Omole, Lekki, Lagos State which is said to cost 320 million naira and a private jet worth 15 billion naira. While it is known that the house was sold, it is still unverified if the jet was sold or is being managed by one of the twins at the moment. So, let’s take a look at Mr. P’s life of luxury after the split.
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Mr. P clearly has an unwavering love for sports cars and his garage proves this with quite a number of them. His collection includes a Dodge Challenger, two Range Rover SUV’s, Chevrolet Cameo Roadster, Porsche 718 Cayman, and a Mercedes-Benz G-Wagon, all of which cost an estimated sum of over 500 million naira. Reports have it that he owns a mansion in Atlanta Georgia, United States besides the home of his twin brother.
Mr. P is a sharp-sighted entrepreneur who is constantly improving his business links. He is the CEO of Zoom Lifestyle Lottery, a venture he began in February 2019.
The Jos-born singer is equally securing more future channels of income for himself as he continues to invest in the soccer ambition of his young son, Cameron Okoye, who is currently training hard for a place in Barcelona Academy to become a full professional footballer.
Mr. P’s net worth is estimated to be around $12 million. Which is a little less than what Davido owns.
Paul Okoye, now known as Rudeboy or King Rudy after P-Square became inoperative due to irreconcilable differences, has been doing well on his own just like his twin brother, releasing several hit singles that were well received by the Nigerian populace.
For the love of cars, Rudeboy has shelled out an entire fortune acquiring luxury cars. His collection includes Lamborghini Aventador Roadster, Mercedes-Benz GLE43 AMG Coupe, Bentley Bentayga, BMW X6, Jeep Wrangler, and a number of Range Rovers.
The “Reason With Me” singer has an estimated net worth of $14 million which means for every dollar he has, Davido has one dollar, 78 cents.
Written by Johnson Onyedikachi
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