By Promise Eze
During the Forbes Under 30 summit in Botswana on Monday, Afrobeats star Davido revealed the influence of his father, Adedeji Adeleke, on his music career. Davido shared that he and his father often have disagreements about his spending habits.
As a business mogul, Adedeji advises Davido on investments and savings, and prefers to see him spending less on materialistic items. Davido acknowledges that although showbiz is different from normal business, it’s still a business.
He added that Adedeji doesn’t like to see him spend extravagantly on materialistic things.
“(Showbiz) It’s still business. Sometimes we get into a lot of arguments. You know, showbiz is different from a normal person’s life that is just doing business,” he said.
“Like for example, I might be in Italy and maybe he just sees a caption ‘Oh Davido buys this $300,000 watch’ He will be like ‘Why are you wasting money like that’? I will be like, Dad you won’t understand. We are using it to inspire people. But all in all, it is still business.
“He still calls me to make sure that I save here, invest there.
“For example, I wanted to rent a penthouse. He advised me, ‘You are wasting money by spending on that (rent). Buy it and use it when you are around.
“Little advice here and there.
“It took a while for him to my (sic) music. But now he has fully accepted it.”
