Popular Afrobeat star, Davido discussed the impact of his father, Adedeji Adeleke on his financial life on Monday, April 24, at the Forbes Under 30 summits in Botswana.
Davido revealed in the interview that his father is his financial adviser and they usually have disagreements over his extravagant spending pattern.
According to him, his father encourages him the save and invest rather than make materialistic purchases although the singer maintains that showbiz is his business. He said:
“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.
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.”
