Renowned Afrobeat sensation, David Adeleke, popularly known as Davido, has sent shockwaves through the entertainment industry by disclosing the staggering fee he commands for live performances. In a recent interview, the DMW music executive shed light on his show rates and the number of gigs he takes on each month.
In a video that quickly went viral, Davido revealed that he charges a remarkable $600,000 (equivalent to 550 million naira) for each appearance at a show. He attributed this high fee to the exceptional demand for his performances, which have led him to limit the number of shows he accepts each month to a maximum of four.
Davido underscored that his pricing strategy is tailored to accommodate only those who can afford his services, explaining,
I usually have fewer shows to attend in the month as only a few people can pay for the services.” This exclusivity contributes to him earning a monthly income estimated between $2 million and $3 million.
The video has ignited a flurry of reactions, with fans and onlookers speculating on what his rivals, Wizkid and Burna Boy, might charge for their show appearances. It’s clear that Davido’s dedication to his craft and his enormous fanbase have propelled him to a commanding position in the music industry, making him one of the highest-paid performers in the business.
Reactions from fans and enthusiasts have been a mix of admiration and curiosity, with some drawing parallels to international music icons who command similar fees for their performances.
As this revelation continues to reverberate throughout the entertainment world, it remains to be seen how Davido’s pricing strategy will shape the industry and his career moving forward.