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Home Business News

Here’s Davido’s and Wizkid’s Net Worth for 2019

Fakoyejo Olalekan by Fakoyejo Olalekan
July 26, 2019
in Business News
Net Worth Report
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A Net Worth report published by London-based research firm, Hooper HQ, has revealed Nigerian singer, David Adeleke, popularly known as “Davido” is richer than his colleague and rival, Ayo “Wizkid” Balogun.

The net worth of both Davido and Wizkid had earlier been disclosed in Hooper’s 2019 Instagram Rich List. Net worth is the value of all non-financial and financial assets owned by a company or an individual. It doesn’t include outstanding liabilities. The list cuts across Celebrity, Beauty, Fashion, Fitness, Food, Lifestyle, Sport and Travel.

[READ ALSO: These are Billionaires of the Nigerian Stock Market]

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Davido started his career several months after Wizkid entered the Nigerian music industry between 2010 and 2011. Their rise to fame at almost the same time caused intense rivalry between them. They have had clashes in Dubai and on the social media platform, Twitter.

Their fans are not left out of the drama, as they often exchange words with one another to show their undying support for both artistes. Fans have often argued without facts on who is richer between Davido and Wizkid.

Wizkid Ayo Balogun, Wizkid songs, Beyonce and Wizkid Brown Skin Girl, Davido songs, Davido David Adeleke, Davido and Chris Brown Blow my mind
Wizkid and Davido (Credit: Naijaloaded)

Both artistes are internationally recognised with their markets cutting across the shores of Africa. For years, there have been discussions on who has the highest net worth. That debate has been laid to rest by the 2019 Instagram Rich List. Although the Hooper HQ report focused on earnings from Instagram, the research firm quoted each artiste’s net worth separately.

Davido’s net worth: On the list, Nairametrics noticed that Davido’s net worth was placed at $16 million (N5.7 billion). Davido’s source of income is mostly from his record label, Davido Music Worldwide (DMW) – under which several artistes are signed, and music sales, as well as endorsement deals.

[READ ALSO: Nigerians dominate Forbes’ black billionaires list]

Wizkid’s net worth: Wizkid is said to worth $12 million (N4.3 billion). He is also a record label boss, managing his Starboy Entertainment outfit which also has several artistes. He also earns from his music sales, as well as endorsement deals.

Wizkid’s recent investment includes a clothing line deal with Nike, to produce Starboy merchandise. His Nike jersey was sold out on the first day of release.

Both Davido and Wizkid are signed to RCA Records which is owned by Sony Music.


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Tags: Beyonce and Wizkid Brown Skin GirlDavido and Chris Brown Blow my mindDavido David AdelekeDavido songsWizkid Ayo BalogunWizkid songs
Fakoyejo Olalekan

Fakoyejo Olalekan

Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ). In the era of media convergence, Olalekan is a valuable asset, with ability to curate and broadcast news. His zeal to write was developed out of passion to shape people’s thought and opinion; serving as a guideline for their daily lives. Contact for tips: fakoyejo.olalekan@nairametrics.com.

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Comments 8

  1. Egwuatu Victor says:
    September 8, 2019 at 10:25 am

    I love u guys

    Reply
  2. Anonymous says:
    January 5, 2020 at 8:46 am

    WizkidComment:

    Reply
  3. Jimmy says:
    January 8, 2020 at 10:23 pm

    Please how can I promote my songs and get more downloads?

    Reply
  4. Aondofa says:
    January 10, 2020 at 4:03 pm

    Comment:think you people for doing this

    Reply
  5. Odogwu says:
    June 14, 2021 at 8:58 am

    Wizkid is my favorite of this two. But Davido is far richer than wizkid in every aspect. David came from a riche family

    Reply
    • thelegitreports says:
      November 2, 2021 at 4:20 pm

      How on Earth will you say Davido is richer than Wizkid? Have you forgotten Davido is just enjoying his father’s wealth? But Wizkid hustle right from his childhood age to get to where he is now, so I disagree on your thoughts bro

      Reply
  6. okosun crownstar says:
    June 19, 2021 at 11:29 pm

    davido is richer than wizkid

    Reply
  7. ibrahim says:
    July 27, 2021 at 6:13 pm

    davido is my favorite between.and Davido is richer than wizkid because David came from a riche family

    Reply

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