Davido Private Jet Source Bing.com
Davido, whose real name is David Adedeji Adeleke, is a popular Nigerian musician, songwriter, and record producer. He is also known to be one of the richest musicians in Nigeria, with a net worth of over $20 million.
There have been rumors and speculations about whether or not Davido owns a private jet. In this article, we will explore the truth behind these rumors and find out if Davido really has a private jet.
Background
Davido And His Jet Source Bing.com
Davido is known for his extravagant lifestyle and love for luxury. He is often seen traveling in private jets and staying in luxurious hotels. In 2018, he bought a private jet, which he named “Air OBO” after his nickname, OBO (Omo Baba Olowo), which means “son of a wealthy man” in Yoruba language.
However, it was later revealed that the private jet was actually a fractional ownership arrangement, which means that Davido only owns a share of the jet and does not fully own it. This caused controversy and led to speculations about whether or not Davido really has a private jet.
The Truth About Davido’s Private Jet
Davido Air Obo Jet Source Bing.com
The truth is that Davido does not fully own a private jet. In an interview with The Net NG, Davido admitted that he only has a share in the jet and that it belongs to a group of investors, of which he is a part of.
He explained that the reason for the fractional ownership arrangement was because owning a private jet is expensive and requires a lot of maintenance costs. By sharing the jet with other investors, they are able to split the costs and make it more affordable for everyone.
Why Davido Bought a Private Jet
Davido Luxury Lifestyle Source Bing.com
Despite not fully owning a private jet, Davido still enjoys the benefits of traveling in one. He explained that owning a private jet allows him to travel comfortably and conveniently, especially when he has a busy schedule and needs to be in different places at the same time.
He also said that owning a private jet is a status symbol and a sign of success in the music industry. It shows that he has achieved a level of success that most musicians can only dream of.
In Conclusion
So, did Davido have a private jet? The answer is yes and no. He does have a share in a private jet, but he does not fully own one. Despite this, he still enjoys the benefits of traveling in one and sees it as a symbol of success in his career.
