Davido said, “The reason no African artiste can buy a private jet isn’t the purchase price… it’s the maintenance. You could be paying around $100,000 monthly just to keep it parked… and I have two.”
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The statement is partly true in terms of cost pressure, but the figures depend on jet type, usage, and location. Private jets are expensive to maintain, and Davido’s point reflects the real financial burden of ownership, not just buying power.
Davido, a Nigerian music star, has publicly mentioned owning private jets, placing him among a small group of African entertainers with access to private aviation.
Watch the video clip below…
What Davido actually said about private jet ownership
Davido explained that owning a jet is not just about buying it once. The real challenge is long-term maintenance and operational cost.
- Maintenance costs continue even when the jet is not flying
- Parking and storage fees still apply
- Crew and technical staff must be retained
- Regular servicing is required for safety compliance
The “$100,000 monthly” figure often quoted online varies in reality depending on aircraft type and usage.
Is it true that private jets cost $100,000 monthly to maintain?
The claim is partly accurate but not fixed. Costs differ based on jet size, age, and flight frequency.
- Smaller jets: tens of thousands of dollars monthly
- Large long-range jets: can exceed hundreds of thousands monthly
Even when a jet is parked, expenses continue due to insurance, crew salaries, and scheduled maintenance.
Why private jets are expensive even when parked
Hangar and parking fees
Airports charge storage fees that vary by location, especially in major aviation hubs.
Insurance costs
Private jet insurance covers aircraft damage, liability, and passenger safety risks.
Maintenance requirements
Aircraft must undergo routine inspections, engine servicing, and safety checks to remain airworthy.
Do African artists really struggle with private jet ownership?
The issue is not just buying power. It is long-term sustainability of operating costs.
Artists like Davido, Burna Boy, and Wizkid operate globally, which makes aviation access important, but ownership remains rare because of recurring expenses.
Davido and his claim of owning two jets
Davido has publicly mentioned owning private jets, but detailed specifications and operational records are not fully public.
- He has access to private aviation
- He uses jets frequently for travel and tours
- He has spoken about ownership experience
Why celebrities still buy private jets despite the cost
- Time efficiency for tours and events
- Privacy during international travel
- Flexible scheduling across multiple countries
- Security and comfort advantages
FAQs about Davido and private jet costs
Did Davido really say no African artist can afford a private jet?
He said ownership is not just about purchase price but maintenance costs, which is the main point of his statement.
How much does it cost to maintain a private jet yearly?
It can range from hundreds of thousands to several million dollars depending on usage and aircraft type.
Is $100,000 monthly maintenance realistic?
Yes for some large jets, but it is not a universal figure for all aircraft.
Do most African artists own private jets?
No. Most prefer charter flights because they are more cost-effective.
Why do celebrities still buy private jets?
Convenience, privacy, and time management are the main reasons.
Davido’s statement highlights a simple aviation reality: buying a jet is easy compared to maintaining it over time.
Reported by Anything Celebrity – Nigeria’s hub for entertainment gist and celebrity updates.
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