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Splurging $3m On A Chain Is A Dumb Investment — Davido - Celebrities (5) - Nairaland

Nairaland Forum / Entertainment / Celebrities / Splurging $3m On A Chain Is A Dumb Investment — Davido (43730 Views)

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Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by 1stGenAmerican(f): 5:55pm On Mar 25, 2022
illumined999333:
Yes it can generate more wealth. The reasons the people they call celebrities try to look expensive is just so they can earn expensively.
You don't see a $3m necklace on a clean artist, and you expect a small fee for his presence in your show. These jewelleries create a perception about an artist being a top top star, and they also help improve the market value of the artist in question.

Analyze how your self esteem shoots up and how people appreciate you when you are on an expensively clean clothes as against when you are on a faded t-shirt and jean.


You’re right. And top celeb jewelers here in America (such as Johnny Dang) give top performers extremely deep discounts on large showpieces simply because it brings the jeweler more exposure which translates to many more customers. Once other artists see it, they feel that they too need a customer piece. Although it’s worth $3 million, I’m certain that Drake paid a fraction of that.

2 Likes

Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by 1stGenAmerican(f): 6:06pm On Mar 25, 2022
Benny6944:





how do you confirm someone's networth again? How did you get to know drakes networth and also know Davido is not more than that?

Keep in mind that interests in non-moveable property and non-moveable property owned outright is included in net worth. According to official property records, Drake’s OVO mansion is now valued at $100 million dollars so that is a good place to start when calculating net worth. So $100 million before you even start to calculate earnings and other investments.

I can’t believe that Nigerians still believe what they read on Forbes after that Invictus Obi fiasco. The information on Forbes is self-reported by the individual.

1 Like

Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Majikman(m): 6:18pm On Mar 25, 2022
bestman09:
angry
Investment abi liability? Can the necklace generate income? Maybe it could appreciate later but if it gets lost nko?
Lol If you buy chain 3million dollars you go gree am lost?
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by jaxxy(m): 6:22pm On Mar 25, 2022
For him.

1 Like

Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by 1stGenAmerican(f): 6:33pm On Mar 25, 2022
Davido is a big liar. Drake didn’t pay $3 million USD for his chain. He bought it from singer Frank Ocean for $1.9 million usd.

https://www.gq.com/story/drake-homer-necklace-frank-ocean/amp

Drake’s net worth is an estimated $250 million usd which makes sense being that his home is mortgage free and is worth $100m.

1 Like

Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by lildush(m): 6:35pm On Mar 25, 2022
Buying a 500million Naira car is also a dumb investment..... But the truth is.. if u have 1billion dollars.. u can waste 3million dollars on a chain.. if u get u get. If u no get. Go hustle. Its simple

2 Likes

Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Tribalism123(m): 6:52pm On Mar 25, 2022
Drakes is the only musician that his outfits always exceeds millions of dollars.

1 Like

Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Oyinlomobambam(m): 6:58pm On Mar 25, 2022
Davido is a man that actually know his limits
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Rolexjerry(m): 6:59pm On Mar 25, 2022
And some idiot here was comparing Davido to American A-list artists the other day. Level dey abeg.
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Lightorder: 7:08pm On Mar 25, 2022
Kobicove:
I'm glad he knows this
he has grown up. I am glad
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Richvibes1997: 7:18pm On Mar 25, 2022
djflexcy:
Although he could actually purchase it with the help of his father, but that's a wrong investment
he can actually purchase it without his father
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Richvibes1997: 7:30pm On Mar 25, 2022
33bandit:


Jeff and elons money are based on stock valuations ,not assets and raw cash

Mayweather's money isn't based on that .as btwn them Elon musk can't just wake up and write you a 3billion box cheque but Mayweather can write a 500milloon cheque
trash
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by kingmann(m): 7:31pm On Mar 25, 2022
Fadafada231:


How do u know his networth shocked
You don ask others?
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Ealiserwest(m): 7:48pm On Mar 25, 2022
bestman09:
angry
Investment abi liability? Can the necklace generate income? Maybe it could appreciate later but if it gets lost nko?

Drake could auction it x2 or even make x3
But davido no fit auction am x2 lol. So davido no wetin hin de do lol
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Ajibade123(m): 8:05pm On Mar 25, 2022
Mumusaphire:
Lol. So u think $3m chain is dumb investment that can't yield double within a year? Mumu David. Just say u can't afford it
he can sell the $3m chain 6m in a year??
can you tell me how he can make it a good investment let me learn
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Oluwapresley(m): 8:23pm On Mar 25, 2022
Mumusaphire:
how is it wrong investment sir

You dey mind them? I wonder since when precious metals started becoming bad investments. Imagine getting a diamond and calling it a bad investment. But a car isn't. Tsew
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by AmuRubber(m): 8:37pm On Mar 25, 2022
Bensondrums:
Almost 1billion naira for chain


₦1,000,000,000 is nowhere near $3,000,000, sir - the difference is much!
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by pacespot(m): 8:49pm On Mar 25, 2022
The people who make these kinds of luxurious jewelries: diamond necklace, wristwatch, bangle, etc, they often make them for negroes to showcase their unalloyed thirst for opulence.
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by AmuRubber(m): 8:58pm On Mar 25, 2022
tonyashburton:
Davido earns about $20m annually.

D kind heavy lamba wey some pipu dey drop for dis Nairaland fit cause earthquake. Abeg make una take am easy o!
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Angel55555(m): 10:11pm On Mar 25, 2022
Pimine:

Aswearugaaad

Are you for real? Burna boy is worth more than $10m... Is he not a millionaire in dollars? Trust me, Davido is at least twice Burna's worth.
They're rich no doubt but I doubt if they are that rich in USD
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Rhado: 10:38pm On Mar 25, 2022
Bensondrums:
Almost 1billion naira for chain

What do you mean “almost”? Even by official rate, it’s over a billion naira.
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by KingDash: 10:47pm On Mar 25, 2022
Ikillbrokehoes:
No sensible human will buy a chain of $3 million, that's a waste of funds.
bro you just broke... Davido no get money
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by hybridblood07(m): 12:15am On Mar 26, 2022
Far more than a billion naira bro. Please calculate again!
Bensondrums:
Almost 1billion naira for chain
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by sphinixs2: 12:51am On Mar 26, 2022
TunezMediaBlog:
Davido feast on his words following oppression from fans as they criticized him for blaming alcohol on his excessive spending cum clout chasing.

He once bragged about his plans to buy the homer chain but turned renegade after Drake revealed the price he bought it.

https://www.instagram.com/p/CbhZbU2NFTW/?utm_medium=copy_link

just as buying a Lambo to be driven round the streets of Lagos State is seen as a dumb investment by some people! one man's meat is another's poison abegi grin
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by CoronaVirusPro: 2:54am On Mar 26, 2022
bestman09:
angry
Investment abi liability? Can the necklace generate income? Maybe it could appreciate later but if it gets lost nko?


If you can afford that chain, you can afford insurance.
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by richie3384: 6:49am On Mar 26, 2022
33bandit:


Jeff and elons money are based on stock valuations ,not assets and raw cash

Mayweather's money isn't based on that .as btwn them Elon musk can't just wake up and write you a 3billion box cheque but Mayweather can write a 500milloon cheque
U r very funny. What are banks for?
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Adolf10: 7:03am On Mar 26, 2022
djflexcy:
Although he could actually purchase it with the help of his father, but that's a wrong investment
.
Nigerians r funny,those things r Diamonds with solid value,he can resale them and mk more. Just like Gold or Land
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Nobody: 7:21am On Mar 26, 2022
richie3384:

U r very funny. What are banks for?

CEOs are being paid monthly or yearly like every worker
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by djflexcy: 10:20am On Mar 26, 2022
Adolf10:
.
Nigerians r funny,those things r Diamonds with solid value,he can resale them and mk more. Just like Gold or Land
Are you telling me gold and diamond doesn't depreciate in value?
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Mark113(m): 10:44am On Mar 26, 2022
How come this davido own a $9million jet $3.5m is a big money to him like he never had such amount on his account before davido is broke las las
Re: Splurging $3m On A Chain Is A Dumb Investment — Davido by Omotosho1090905(m): 12:05pm On Mar 26, 2022
So after hearing audio money 9ja ppl still no learn na wa oo... every artist shows off and over price anything dey buy you will know more if you got one as close friend

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