Davido opens up on how Dangote influenced his financial habits


Nigerian singer David “Davido” Adeleke has revealed that Africa’s richest man, Alhaji Aliko Dangote, influenced his financial habits.

He stated this in a recent Forbes interview while in Botswana for the Forbes 30 Under 30 summit.

Randall Lane, Forbes’ Chief Content Officer (CCO), had questioned Davido, who is known for his love of luxury cars and extravagant lifestyle, about his relationship with Dangote.

In response, Davido confirmed that his billionaire father, Chief Adedeji Adeleke, is friends with Dangote. He also revealed that Dangote always advised him to save his money or rather invest.

His words, “Uncle Aliko [Dangote] is a very different kind of billionaire. Uncle Aliko buys like two cars every eight years. He’s a very disciplined and very different kind of billionaire.

“Every time I see him, he just says one thing, ‘Save your money!’. There’s nothing more he tells me, every time save your money. He and my dad have been very close friends.

“And he [Dangote] has done well for us [Nigerians] back home. He made us a lot of industries. He just opened the biggest factory in Africa. That’s providing jobs.”

With an estimated net worth of $20.5 billion, Dangote is Africa’s richest person, the world’s richest black person, and the world’s 83rd richest person, according to the Bloomberg Billionaires Index.