Wizkid and Davido Net worth, Who is the Richest in 2020?

Wizkid and Davido are not just veterans in the Nigerian entertainment industry; they have also made money and fame in the industry.

There is no doubt about the immense wealth accrued to these artists, but what has continued to raise dust of confusion and steer up argument is the question “who is richer between Wizkid and Davido?”

Unfortunately, most of the arguments end without some right answers left to convince the die-hard fans. But of course, if there were an informed contribution from a person who has read such an article as this, they would know the reality of who the richest is between these big guns.

In this article, we have reviewed the net worth of Wizkid and Davido, from which we stated who is the richest among them.

We tried to arrive at a believable conclusion, being open-minded as possible after analyzing individual lives and net worth of each of them.

Wizkid and Davido Net worth, Who is the Richest in 2020

To calm your nerves before we take the sprint into our analysis, Forbes states that the net worth of Wizkid is about $20 million, which is about 7.3 billion Naira. Then the net worth of Davido, according to Forbes, is also $16 million, which is approximately 5.84 billion Naira.

From the above, we can state that Wizkid’s net worth is higher than that of Davido. But does that transcend into the fact that Wizkid is richer than Davido? Let us find out.

WizKid’s Career, Earnings & Net Worth

Wizkid is a famous Nigerian music artist whose fame rose in 2010 after he performed Holla at Your Boy” in his debut studio album, “Superstar.”

This young man, also known as Starboy hails from Lagos State. He was born on 16th July, 1990, as Ayodeji Ibrahim Balogun. He was raised in Surulere, Lagos, where his family resided.

Although Wizkid’s father is a Sunni Muslim, his mother is a Christian. It is said that he has started his music career during those years he went to church programme with his mother. He performed in the Church choir from which he formed the band group “Glorious Five”. The Glorious Five is said to have released 1 album before they disbanded.

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In his younger days, Wizkid had role models like 2Face Idibia, Bob Marley, Fela Kuti, King Sunny Ade and Sound Sultan. But Wizkid met a music producer called OJB Jezreel in those struggling days and with Jezreel being his mentor, he learned from the works of popular music artists then.

Dropping out of the university in 2009, Wizkid picked a record deal with Empire Mates Entertainment (EME). With EME, Wizkid performed a series of albums and got a lot of recognition. In 2013, Wizkid was old enough and he started his own Music Record Label which he called Starboy Entertainment.

Wizkid’s Endorsement & Income Sources

Wizkid’s story could be related to that of a boy who was born with a plastic spoon but acquired a silver spoon through must effort, then grace. Unlike his rival Davido, Wizkid has hustled through the thicks and thins of being a successful artist.

Wizkid has made fortune from the sale of his songs. He also has a number of endorsements to his credit: Wizkid got a two-year endorsement deal which was up to $700,000 from Pepsi and in 2015, Globacom also made him a brand ambassador.

He has also signed lucrative deals with Guinness, Eko Hotel, Lagos and CIROC Nigeria. These did not only bring him so much money, but it also increased in his popularity, as he traveled around the world for shows and others.

Wizkid is also making a good fortune from his “Starboy Enternmaint” record label and from the many shows he is invited. The amount Wizkid charges for one show runs into millions of Naira. Wizkid does some other businesses such as his clothing line deal with Nike.

WIZKID’S AWARDS

Wizkid has the following awards to his name, which buttresses some facts about his wealth:

  1. Guinness World Record
  2. 8 Headies award in 16 nominations
  3. 1 Grammy Award nomination
  4. 3 MOBO Awards and 5 nominations
  5. 6 Nigerian entertainment awards and 20 nominations
  6. 2 City People Entertainment Awards and 7 nominations
  7. 3 nominations for World Music Award
  8. 3 nominations for Nigeria Music Video Awards
  9. 5 African Muzik Magazine Award and 9 nominations

The list continues, as Wizkid has over 50 awards to his credit and many have been won multiple times.

WIZKID’S CARS AND HOUSES

  • N101 million Lamborghini Urus
  • N45 million Bentley
  • N18 million Porsche Cayenne
  • N13 million Porsche Panamera
  • N11 million BMW X6
  • N10 million Mercedes Benz – Compressor
  • N8 million Can-Am Spider bike
  • N6 million Honda Accord
  • N6 million Hyundai Sonata
  • N2 billion Los Angeles Mansion
  • N70 million Lekki Mansion
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The assets of Wizkid (both automobiles and landed properties) raised Wizkid’s net worth to be up to $20 million.

Davido’s Career, Earnings & Net Worth

Born on 21st November, 1992 David Adedeji Adeleke professionally known as Davido is a hit Nigerian music artist. He was born into one of the richest Nigerian family: The Adeleke family of Osun State. His father, Adedeji Adeleke is a Business mogul and his late mother, Vero Adeleke was a university lecturer.

Davido was born in Atlanta United States and was raised in Lagos, Nigeria. He bagged a Business Administration at Oakwood University, before drooped out to focus on his music career. He later graduated from Babcock University, Nigeria with a degree in Music.

Davido surfaced to the top of hit Afrobeats artists after he released his debut album, “Omo Baba Olowo” in 2012. Dami Duro which was his second single in the album brought Davido to the limelight. The multiple albums that followed afterwards won many hearts (fans), awards and endorsements for Davido.

Davido’s Endorsements and Income sources

It is true that Davido unlike Wizkid, was born into a wealthy family where he had even a golden spoon stock in his mouth. But Davido is a man who has made wealth for himself; his father’s wealth isn’t his and he is making his own.

Davido has won numerous endorsements including the N30 million deal with Africa’s biggest telecommunication company, MTN. In 2013, he won another endorsement deal with Guinness, for whom he performed at the Guinness World of More Concert alongside Wizkid and many other notable Nigerian artists.

It was reported in 2018 that Davido had signed an endorsement deal with Infinix Mobile, a Hong Kong based Smartphone manufacturer.

Davido also makes money from events and shows. Rumors have it that Davido charges 2 million Naira for performing at any event.

Another stream of income available to Davido is his music record label, Davido Music Worldwide (DMW) which he launched in 2016 with the likes of Dremo, Mayorkun, Yonda and Perruzi signed into the record label.

Davido’s Awards

Like Wizkid, Davido also has a great number of awards to his credit. Here is a list of some of Davido’s awards:

  • 5 Headies and 9 nominations
  • 7 Nigerian Entertainment Awards and 11 nominations
  • 1 Ghana Music Awards and 1 nomination
  • 1 City People Entertainment Award
  • 1 Channel O Music Video Awards and 8 nominations
  • 2 Nigerian Music Video Awards and 8 nominations
  • 1 Kora Awards and 1 nomination
  • 2 MTV Africa Music Awards and 4 nominations
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DAVIDO’S CARS AND HOUSE

  • N350 million 2019 Rolls Royce Culliman
  • N130 million Bentley Bantayga
  • N70 million Range Rover Sport
  • N40 million Porsche Carrera
  • N36 million three-wheel bike
  • N20 million Toyota Land Cruiser
  • N17 million Chevrolet Camaro GS
  • N4 million Honda Accord
  • A House in the United States estimated to worth N600
  • A mansion at Lekki, worth about N100 million.

Calculating the total worth of assets (automobiles and landed properties) accrued to Davido, his net worth is estimated to be about $16 million.

COMPARISON OF WIZKID’S NET WORTH AND DAVIDO’S NET WORTH

Judging from what we already established as the net worth of Wizkid and Davido, it is easy to say that Wizkid is richer than Davido.

Be that as it may, it is unarguable that the both artists rich. However, Davido flaunts so much wealth and when it comes to the ownership of expensive properties, Davido beats Wizkid. Wizkid on the other hand, tops because of his much investment in real estate and landed properties.

The garage of Davido is filthy with automobiles worth up N600 million, while that of Wizkid lags behind with automobile worth only N200 million.

CONCLUSION

This rivalry, of course, may not exist between Wizkid and Davido; it is only that their fans would not stop bragging about which they support. Even if such competition exists, it is not pronounced as we have not seen any such open pronouncements and actions.

Well, I am certain now you have known who the richest is between Wizkid and Davido following their net worth as stated above. You can now go ahead and argue with facts, instead of raising your voice.

If this article answered the question, please share it. Conversely, if it did not answer your question, please give us a hint of what you expected.

Finally, what do you think about the wealth of Wizkid and Davido? Share your views in the comment section.

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