1. Core Companies and Record Labels
Davido manages his career and artists through several key legal and creative entities:
Davido Music Worldwide (DMW): His primary record label, which transitioned into DMW 2.0 in 2023. It manages stars such as Logos Olori, Morravey, and Boi Chase.
Nine+ Records: Launched in 2024 as a global partnership with UnitedMasters to identify and develop new talent across the African continent.
Davido Investment Company: An umbrella firm he uses to diversify his portfolio into non-musical sectors like technology and fashion.
Davido Apparel: His personal streetwear brand that sells clothing and accessories globally.
2. Investments and Diversified Portfolio
Davido is known for investing in "future-proof" industries beyond the stage:
Energy (Oil & Gas): In late 2025, reports surfaced that Davido and his wife, Chioma, invested over 2 billion Naira in the oil and gas sector.
Technology & Startups: He is an active investor in the Nigerian tech scene, focusing on fintech and innovation.
Real Estate: He owns a substantial portfolio of high-value properties, including luxury mansions in Banana Island (Lagos), Lekki, and a $20 million residence in Atlanta, USA.
Electric Mobility: In October 2025, he signed a million-dollar deal with Spiro to launch his own line of electric bikes across Africa to provide fuel-independent transport solutions.
Power Sector: Through his family conglomerate, Pacific Holdings Limited, he is associated with the generation of approximately 15% of Nigeria’s electricity via four power plants.
3. Employment and Staff Strength
As of early 2026, Davido remains one of the largest individual employers in the Nigerian creative industry:
Total Global Staff: In April 2025, Davido revealed that he personally pays the salaries of 70 to 80 employees worldwide.
DMW Corporate Team: His label's corporate structure alone consists of 11 to 50 employees, including legal heads, marketing experts, and artist development specialists.
Domestic & Security Staff: His household and security detail across his global properties further increase his total payroll.
Summary of 2026 Financial Standing
Net Worth: Estimated between $100 million and $150 million.
Key Assets: A Bombardier Global 6000 private jet valued at over $27 million and a fleet of luxury vehicles including a Rolls-Royce Cullinan.
Revenue Streams: Beyond music sales and tours ($4–10M annually), he earns significantly from the most extensive endorsement portfolio in Africa, including deals with Puma, Martell, Pepsi, GAC Motors, and Infinix
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