This article contains the biography and Net worth of Davido’s father; Deji Adeleke.
You must have listened to Davido referring to himself as OBO meaning “Omo Baba Olowo”(the son of a rich man) which could have prompted you to search for Deji Adeleke net worth. Read on to know more about Deji Adeleke net worth with his family Background.
Who is Deji Adeleke?
Adedeji Adeleke popularly known as Davido’s father is one of the richest business magnates in Nigeria. He was born in Enugu on March 6, 1957. Even though he hails from a town, Ede in Osun State. Deji Adeleke is a philanthropist, a devout Christian, an educator, and a disciplinarian.
He is married with three children; David Adeleke(popular musician known as Davido), Adewale Adeleke, and Sharon Adeleke. His wife, Dr. Vero Adeleke who is the mother of his three children, died in 2013. He is also a grandfather to many kids including lmade Adeleke, Ifeaniyi Adeleke and so on.
Deji Adeleke Education
After passing his WAEC, Deji Adeleke worked briefly with at the Federal Ministry of Education. Before he gained admission into Western Kentucky University in USA where was awarded his bachelor’s degree in Finance. He completed his master’s degree in Business Administration(MBA) in 1978. He also had a Ph.D. degree in International Business at Pacific Columbia University, mills valley, California in 1983.
Deji Adeleke Buisness and Career
In the early 1966, Deji Adeleke created a non-profit organization known as Springtime Development Foundation(SDF) to sponsor youths who are from low income families through tertiary school.
Elder Deji Adeleke as he is fondly called has a good knowledge of education, being the Co-Founder of Adeleke University in Ede, Osun State. It’s his penchant love for education and human development that made him sought for Adeleke’s University Licence, which was approved In 2011.
He is also the CEO of Pacific Holdings Companies under which there are many companies including;
- Pacific Drilling Company Limited
- Pacific Farms Limited
- Inter-trad Warehousing Limited
- Junior Ventures Limited
- Pacific Freight-lines Limited
- Pacific Gas Company Limited
According to Bloomberg, all of his companies worth about $500 million.
Being a philanthropist, he donated a huge amount of money in building a church for the Seventh Day Adventist Church. He also builds a large hall for Babcock University where his son; Davido graduated. Being a disciplinarian, he didn’t allow Davido to drop out of school despite his penchant love for music.
Deji Adeleke is not the only rich man in his family. Ranging from his elder brother; the late former Governor of Osun State, Senator Isiaka Adeleke to his younger brother; Senator Ademola Adeleke to his son; Davido. No doubt, the family is blessed with riches.
Chief Adebayo, the Adeleke’s father is also one of the richest men during his lifetime. He was reported to be the master planner behind the beautiful Banana Island in Lagos, which continues to attract a lot of investors till date.
Apart from being a Buisness man, Deji Adeleke is a staunch politician who is passively involved in the politics of Osun State and Nigeria at large. Today, Dr. Deji Adeleke is one of the forces to reckon with in Nigeria Politics!
Deji Adeleke Net Worth, 2020
Deji Adeleke is one of the wealthiest businessmen in Nigeria and the richest in Osun State. He has a lot of luxurious cars(including Legendary Rolls Royce, Bentley and so many), buildings both in Nigeria and Oversea, and two Jets worth $35 million and $62 million. Davido Dad estimated Net worth, according to Forbes is $700 million(254.4 Billion of Nairas). Deji Adeleke net worth is a result of many of his investments in Record labels, the Banking Sector, Security, Real Estate among others.Read Also: Davido’s Dad, Adedeji Adeleke Buys $62m Bombardier Express Jet