Davido: The Greatest Afrobeats Sensation After Fela family.part 23

In 2026, Davido’s corporate footprint has expanded into a multi-sector conglomerate that supports a significant workforce and includes high-value stakes in Africa's infrastructure.

1. Corporate Structure and Core Companies

Davido operates through several established legal and creative entities:

Davido Music Worldwide (DMW 2.0): His primary entertainment label, which manages stars like Logos Olori and Morravey.

Nine+ Records: A global talent development label launched in 2024 to sign artists across the continent.

Davido Investment Company Limited: His umbrella firm for global private equity and non-music ventures. 

2. Diversified Investments (2025–2026)

Davido has moved aggressively into sectors that define the "on-ground" economy:

Oil and Gas: In November 2025, Davido and his wife Chioma reportedly invested ₦2 billion to launch Chivido Oil and Gas PLC, a petroleum and gas station venture. This business is supported by Africa's richest man, Aliko Dangote, as a primary supplier.

Clean Energy & Mobility: As of late 2025, Davido is a significant stakeholder in Spiro, an electric mobility company that has raised $100 million and is on the road to a $1 billion valuation.

Power Sector: As the 6th Executive Director of Pacific Holdings Limited—a family-owned industrial conglomerate valued at $1.4 billion—Davido is involved in generating approximately 15% of Nigeria’s electricity. The company completed its flagship $2 billion gas-fired power plant (1,250MW) in 2025. 

3. Employment and Workforce

Davido is one of the most significant private individual employers in Nigeria’s creative sector:

Staff Strength: In April 2025, Davido confirmed that he personally pays the salaries of 70 to 80 employees across his various global operations.

Direct & Indirect Labor: His family's new 1,250MW power plant is projected to sustain over 2,000 jobs.

30BG Ecosystem: Beyond official payroll, his "30 Billion Gang" ecosystem supports a wide network of independent videographers, producers, stylists, and security personnel who work on a project or retainer basis. 

Summary of 2026 Financial Reach

Net Worth: Estimated between $100 million and $150 million.

Annual Revenue: His management team previously predicted earnings of more than $20 million annually from music royalties, touring, and global endorsements alone.

Physical Assets: His portfolio includes a Bombardier Global 6000 private jet (valued at ~$27M) and high-value real estate in Lagos, Atlanta, and London.