Grammy-nominated Nigerian Afrobeats star Davido has revealed that he spends between N300 million and N400 million monthly on personal expenses while in Nigeria, excluding costs related to his wife, household, luxury cars and jewelry.
The singer made the disclosure during a live conversation on Davrel Twitch on Tuesday while comparing his lifestyle and spending in Nigeria with that of the United States.
According to Davido, he spends significantly less when he is in the U.S. because he lives only with his wife and children.
“I actually spend less in Yankee because I live with just me, my wife and my kids,” he said.
“When I’m around, I spend a lot more. We are balling every day.”
Asked to estimate his monthly expenses, the Afrobeats star said they typically range between $200,000 and $300,000, depending on his activities.
“I can’t tell you how much, but I can tell you like 300. Normally, probably like 200 to 300k,” he said.
Based on prevailing exchange rates, the amount is estimated at between N300 million and N400 million per month.
