Afrobeat superstar, Davido speaks on the impact of his father, Adedeji Adeleke, on his musical career on Monday at the Forbes Under 30 summit in Botswana.
Davido revealed that he and his father frequently disagree over his spending habits.
The business tycoon, Adedeji Adeleke offers advice on savings and investment and prefers to see him cut back on materialistic purchases.
Even though show business is different from other type of businesses, Davido acknowledges that it is still a business.
However, his dad dislikes seeing him spend on materialistic items.
“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 $30,000 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 him a while for him to understand my (sic) music. But now he has fully accepted it.”
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