I splurge $300,000 monthly on personal lifestyle: Davido
Afrobeats superstar David Adeleke, popularly known as Davido, says he splurges between $200,000 and $300,000 monthly on his personal lifestyle, excluding expenses for his wife, family, luxury cars, and jewellery.
Davido disclosed this during a livestream with DavrelTV, where he spoke about the financial demands of maintaining his status as one of Africa’s biggest music stars.
He said, “I spend $200K-$300K monthly, minus my wife, family, buying cars and jewellery.”
The singer explained that the amount caters to his personal lifestyle and other expenses associated with his career in the entertainment industry.
Davido is one of Africa’s most successful music artistes, with several international collaborations, hit songs, sold-out concerts and endorsement deals contributing to his global profile.
The ‘I Know Who I Be’ crooner is widely credited with introducing a high-rolling, flamboyant lifestyle to the Nigerian music industry, making flashy displays of wealth mainstream.
The singer frequently travels by private jet and has built an impressive garage that includes exotic cars, including his well-publicised acquisitions of high-end vehicles.
Fans and industry commentators acknowledge that Davido was instrumental in setting the standard for showing off “cool” in Nigeria, normalising the display of hard-earned success through an opulent lifestyle.
However, while his massive fan base celebrates his “001” status and views his success as inspirational, his lavish habits sometimes draw public debate.
(NAN)
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