Obi Cubana and Davido who is richer in 2023? ( New Analysis )

By Omajemite Don Last updated Oct 10, 2023

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Obi Cubana And Davido Who Is Richer?: A Comparative Look at Their Wealth and Lifestyles

In the world of Nigerian entertainment and business, two prominent names have captured the public’s attention: Obi Cubana and Davido. Both individuals have achieved remarkable success in their respective fields, amassing significant wealth and influence. This article aims to provide a comprehensive comparison of their net worth, lifestyles, and business ventures. And analyze between Obi Cubana And Davido Who Is Richer.

Obi Cubana: The Entrepreneurial Tycoon

Obi Cubana, whose real name is Obi Iyiegbu, is a well-known Nigerian entrepreneur, event promoter, and the CEO of the Cubana Group. He has garnered immense wealth through various business endeavors, particularly in real estate. Despite not being ranked among Nigeria’s top richest individuals, Obi Cubana’s net worth is estimated at a staggering $500 million (approximately N190 billion).

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Business Ventures

Obi Cubana’s entrepreneurial spirit shines through his ownership of multiple businesses, including the Cubana Hut and Grill, Puzzo restaurant, Hustle & Bustle nightclub, and Cubana Signature Hotel. Additionally, he serves as the owner of a non-profit organization, the KIEK foundation, showcasing his commitment to philanthropy alongside his business ventures.

Obi Cubana’s Cars

While maintaining a relatively low profile, Obi Cubana has indulged in the luxury of high-end automobiles. Some of the notable cars in his collection include:

Lexus LX: He owns two of these family-sized SUVs, one for himself and one for his wife. The starting price of a Lexus LX is approximately ₦36.6 million.

Mercedes Benz 4matic S40: This all-wheel-drive vehicle, with a starting price of ₦38 million, is a favorite of Obi Cubana for its simplicity and style.

Range Rover: Often seen with Obi Cubana’s wife, the Range Rover is a classic luxury vehicle that costs over ₦38 million.

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Rolls Royce Phantom: Owning a Rolls Royce Phantom is a symbol of royalty and extravagance. With a price tag of over ₦176 million, it boasts a 563-hp twin-turbo V-12 engine.

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Davido: The Music Mogul

Davido, whose real name is David Adeleke, is a popular Nigerian musician who gained fame in 2011 with his hit single “Back When.” Born into a wealthy family, he has risen to become one of the richest and most influential artists in the Nigerian music industry, with an estimated net worth of $40 million.

Music Career and Endorsements

Davido’s journey to stardom began with his breakthrough hit, and he has since maintained his position in the music industry. He has secured numerous endorsement deals, including one with MTN, which was reported to be worth ₦30 million. He also had a significant endorsement deal with Guinness Nigeria.

In 2018, Davido signed an endorsement deal with smartphone maker Infinix, further contributing to his wealth. His major sources of income come from digital sales of his songs, albums, sold-out shows, YouTube music videos, and endorsement deals.

Davido’s Luxurious Lifestyle

With a net worth exceeding $40 million, Davido is known for his lavish lifestyle. He frequently showcases his opulent possessions on social media. Notably, he shared a picture of his family’s private jet on Instagram, which drew both admiration and criticism.

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Davido has a penchant for expensive watches and once spent 60 million naira (approximately $160,000) on Rolex watches for his daughters. He also gifted his personal assistant a Rolex watch worth a substantial amount.