“My dad and I argue about how I spend money” — Davido

Afrobeats superstar, Davido discussed 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 patterns.

Business tycoon Adedeji offers Davido advice on savings and investments and prefers to see him cut back on materialistic purchases.

Even though show business is distinct from other types of business, Davido acknowledges that it is still a business.

However, his dad dislikes seeing him rampage 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 $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.”