Ayodeji Ibrahim Balogun, widely known as Wizkid, embarked on his music journey in 2009 with Empire Mates Entertainment and has since risen to become one of Africa’s biggest stars. On the other hand, David Adeleke, or Davido, kicked off his musical career in 2011 under his brother’s record label, HKN Music. Both young men have consistently dominated African music charts, amassing large fan bases and achieving remarkable success, albeit through different avenues.
To gain a clearer perspective on their respective wealth, brand partnerships, automobiles, and residences, it’s only fair to compare their net worths. Let’s begin by examining Davido’s net worth before delving into Wizkid’s financial standing.
Davido’s Net Worth
Davido, not only a musician but also the son of one of Nigeria’s wealthiest individuals, Dr. Adedeji Adeleke, gained widespread recognition in 2011 with his debut single, “Back When.” Since then, he has become a prominent figure in Nigeria’s entertainment scene.
According to Forbes Magazine, Davido boasts an estimated net worth of $18 million, primarily accumulated through his music career. His YouTube channel alone has garnered over 663 million video views.
Davido’s car collection includes a 2021 Rolls Royce Cullinan valued at ₦247.5 million. Besides music, he serves as a brand ambassador for Nigerian companies such as Close Up, MTN, Infinix, and numerous domestic and international brands. For his musical performances, Davido charges between N10 million and N40 million for Nigerian shows, while international shows command fees ranging from $100,000 to $200,000 per performance.
Davido’s impressive car lineup includes a Toyota Land Cruiser, Rolls Royce Phantom, Mercedes Benz Sedan AMG series, Lamborghini Uru, Bentley Bentayga, Chevrolet Camaro GS, Porsche Carrera, Range Rover, and a new Lamborghini Huracan, among others. He also owns three mansions in Lekki and Banana Island, Lagos, valued at N140 million, and an additional property in Atlanta, USA.
Wizkid’s Net Worth
Wizkid, who began his musical journey as a choir member during his teenage years, has maintained his passion for music throughout his career. With an estimated net worth of $20 million, he stands as a formidable figure in the industry. Wizkid has secured brand ambassadorships with various Nigerian and international companies.
He has signed lucrative endorsement deals with telecommunications giants like MTN and Glo networks, bringing in N120 million. Additionally, he serves as a brand ambassador for Pepsi alongside celebrities like Tiwa Savage, Dj Cuppy, Burna Boy, Alex Iwobi, and others, earning $350,000. In 2019, he became a brand ambassador for United Bank of Africa. Internationally, Wizkid has endorsement deals with Sony, Ciroc, Nike, Dolce and Gabanna, and more.
Wizkid’s concert appearances in Nigeria command fees exceeding N10 million per show. He owns a N13 million house in Surulere, Lagos, a N68 million property in Lekki, Lagos, and reportedly a residence in Los Angeles. His impressive car collection includes a Porsche Panamera, Hyundai Sonata, Bentley, Lamborghini Prime, among other luxury vehicles.
In summary, while it may appear that Wizkid is wealthier based on the calculated net worths presented in this article, it’s essential to recognize that the true measure of wealth for these two artists transcends mere financial figures. They continue to excel in their respective careers, participating in numerous shows, releasing unique songs, and venturing into personal businesses. As the years go by, one may outshine the other in various aspects of their careers, making it impossible to definitively declare a wealthier individual. For now, they stand as inspirations to countless youths aspiring to make their mark in the entertainment industry.”
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