Does Davido Have a Private Jet and How Much Did It Cost?

In May 2018, Davido, the talented Nigerian musician, became the proud owner of a Bombardier Challenger 605 private jet. This remarkable acquisition was made possible thanks to his estimated net worth of $40 million. Notably, this achievement has positioned him as one of the youngest Nigerian musicians to own a private jet.

Although Davido comes from a wealthy background, he has also made a name for himself through his own hard work and talent. His impressive net worth has allowed him to indulge in luxurious experiences. The majority of his wealth has been amassed through his flourishing music career, where he has gained immense popularity. Additionally, Davido has diversified his interests across various sectors of the economy, contributing to his global recognition and success.

The acquisition of a private jet serves as a testament to Davido’s extraordinary accomplishments and his ability to reach new heights of luxury. It represents the culmination of his dedication, talent, and entrepreneurial spirit, solidifying his status as a prominent figure in the music industry and beyond.

How much is Davido’s Private Jet?

Davido’s Bombardier Challenger 605 private jet was purchased at the cost price of $27 million, which is approximately N9.7 billion as of 2018. The news of purchasing a private jet started making headlines two weeks before it was delivered.

He took to his Instagram to show the documents of the new baby and boasted of being one of the youngest Nigerian jet owners. The Bombardier aerospace company in Canada produced the jet. The private jet comes with a maintenance cost of over $700,000 a year.

Davido Got Much Attention On The Purchase Of His Private Jet

Davido got himself the recognition of being the youngest Nigerian to own a private jet. Based on the outrageous price of acquiring and maintaining a private jet in Nigeria, acquiring one is a great achievement that deserves public recognition.

Davido took the lead with his birdie, the Bombardier Challenger 605 private jet, in the Nigerian music industry and the country at large. This raised lots of dust, as there were many comparisons on how Davido’s net worth could afford him the purchase and the maintenance of a private jet.

Others got to compare the musician with his counterparts in the music industry, claiming that he could not single-handedly afford the purchase of a private jet. His reputation as the youngest Nigerian to own a private jet is filled with lots of doubt among Nigerians.

Specification of Davido’s Bombardier Challenger 605 Private Jet

The Davido private jet is a higher version of the Bombardier Challenger 605 private jet. The Challenger 605 can fly 414 miles per hour (488 ktas). This heavy business jet charter has a total baggage capacity of 115 cubic feet, a cabin width of 8′ 2″ ft, and a usable width of 7′ ft. The height of the cabin is 6’1, “the length of the cabin is 28’5,” and the lavatory is completely enclosed.

• The Bombardier Challenger 605 has a top cruising speed capacity of 488 ktas (Knots true airspeed)
• It also has a flight range that covers about 3,756 nautical miles nonstop
• The Challenger 605 covers a height above the sea level of about 38,500 feet.
• The takeoff weight of the Bombardier Challenger 605 is about 48,200 Ibs.

Other Nigerian Musicians That Own Private Jet

Aside from Davido, several other successful Nigerian musicians have a large net worth. These musicians have successfully ranked on the list of those that own private jets. Below are some of the musicians that boast of being private jet owners.

Wizkid

Wizkid is one of the greatest Nigerian music artists who has made a fortune, mainly from his music career. He is fondly known as the King of Afrobeats. His net worth is estimated at over $30 million, and it affords him the luxurious lifestyle he is living today, including a private jet.

Wizkid acquired his private jet for the sum of $40 million. The King of Afrobeats is one of the artists that prefer to keep their achievements low-key. With this, the month and year that he got it are unknown. With his net worth, the purchase of the private jet has raised speculations on whether he acquired it with his money or if it was a gift.

Wizkid is one of the celebrities who rarely responds to rumors and has not commented on the speculations. Whether he got it with his own money or it came as a gift, he is counted as one of the youngest musicians to own a private jet. He is always spotted sharing videos and pictures of himself cruising on the big bird with his family, friends, and some celebrities.

Don Jazzy

Don Jazzy is another Nigerian musician who has joined the list of musicians with a private jet to their names. The record producer and CEO of Mavin Records has amassed a lot of money for himself through his music career.

With a net worth of over $20 million, he lives a lavish lifestyle and has many rides, of which a private jet is one of them. He is known to have acquired a Bombardier Challenger 605 that cost him a whopping sum of about $27 million. The time he acquired the big bird is unknown as he kept it on the low. The private jet is known to have lots of unique features.

DJ Cuppy

Florence Otedola, also known as DJ Cuppy, is a Nigerian disc jockey and musician. Though she is the daughter of the Nigerian billionaire Femi Otedola, she has made quite a fortune for herself. She has a private jet to her name, though reports have it that it is one of her father’s seven.

Her father is known to support her music career and is known to have given her the jet for her travels and tours. The amount and time that the private jet was acquired are unknown. The brand of the jet has also been kept off the records. She has been seen several times sharing travel photos on her private jet.

P-Square

Peter and Paul Okoye, famously known as P-Square, are known to have acquired a private jet before their fallout. They took to Twitter to announce the arrival of the jet showing their gratitude to their fans and God. The duo currently has a net worth of over $16 billion.

Having bought the jet before their fallout, it is unknown if they sold it and shared the outcome in the heat of the problem. Since there has been no information regarding that during their fallout, it is assumed that they still have the jet in their possession. Details of the brand of their jet and how much they acquired it has remained under wraps.

 

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