The debate over who is wealthier between Wizkid and Davido has been a hot topic among fans and Nigerians alike. Both superstars have dominated the music scene for years, and their success has led to intense speculation about their financial standing. Today, we aim to shed light on this ongoing debate and bring some clarity to the question: Who is the richest between Wizkid and Davido?
Rating these two musical giants is no easy feat. Both artists are at the pinnacle of their careers, consistently producing hit after hit, and their financial success reflects their hard work. According to recent research, Wizkid has a net worth of approximately N20 billion, while Davido follows closely with N18 billion.
The Net Worth of Wizkid
Wizkid, born Ayodeji Ibrahim Balogun, is one of Africa’s wealthiest musicians, with a net worth that has placed him among the continent’s elite. Forbes recently ranked him as the fourth richest musician in Africa, boasting an impressive net worth of 8.5 billion Naira.
Wizkid’s wealth isn’t just tied to his music. He is also known for his taste in luxury cars, including two Porsche Panameras, one of which was bought for $13 million but was unfortunately involved in an accident. He quickly replaced it with another Panamera worth $18 million. His car collection doesn’t stop there; he owns a Hyundai Sonata, a BMW X6, a Mercedes 2012 Compressor, and even a Can-Am tri-wheel supercharged bike, showcasing his love for high-end vehicles.
In addition to his cars, Wizkid owns several properties, including a mansion in Los Angeles valued at $15 million and a house in Lekki worth $68 million. He also purchased a $13 million house for his parents in Surulere, further emphasizing his significant wealth.
A Brief Biography of Wizkid
Born on July 16, 1990, to a Christian mother and a Muslim father, Wizkid grew up in Surulere, Lagos. He began his musical journey as a chorister in church and was influenced by the music of King Sunny Ade, Fela Kuti, and Bob Marley. At just 11 years old, he formed a group called Glorious 5 with his friends, releasing an album before the group disbanded.
Wizkid’s big break came in 2009 when he signed a five-year record deal with Empire Mates Entertainment (EME), a label owned by Banky W. His debut single, “Holla at Your Boy,” released in 2010, catapulted him to stardom and earned him the “Next Rated” award at The Headies in 2011.
Over the years, Wizkid has secured several lucrative endorsement deals, including a $350,000 deal with Pepsi in 2012 and contracts with MTN and Guinness in 2013. By 2016, he had become an international sensation, thanks to his collaboration with Drake on the global hit “One Dance,” which solidified his place among Africa’s richest musicians.
Davido’s Rise to Fame and Fortune
Davido, whose real name is David Adedeji Adeleke, was born on November 21, 1992, into a wealthy family, which often leads to the perception that his success came easily. However, Davido’s journey to the top was far from effortless. He burst onto the music scene in 2011 with his hit single “Dami Duro,” and quickly became a household name in Nigeria.
Davido’s wealth is also significant, with a net worth of N18 billion. Like Wizkid, Davido has invested heavily in luxury cars and properties. He owns a Rolls Royce Cullinan, Bentley Bentayga, Range Rover Sport, and several other high-end vehicles. He also owns a mansion in Lekki and another in the United States.
Davido has also signed numerous endorsement deals, including a multi-million Naira contract with MTN in 2012 and deals with Guinness, Infinix, and Pepsi. His music career, combined with these endorsements, has cemented his status as one of Nigeria’s richest musicians.
The Final Verdict
While both Wizkid and Davido have achieved incredible success and amassed considerable wealth, recent estimates suggest that Wizkid edges out Davido with a slightly higher net worth. However, it’s important to recognize that both artists have worked tirelessly to reach their current status, and their financial success is a testament to their talent and dedication.
In the end, the debate over who is richer may never be fully settled, as both continue to grow their empires. What is undeniable, however, is the impact they’ve had on the Nigerian music industry and their lasting legacy as two of Africa’s biggest musical icons.
