His billionaire father Adeleke Snr, is the chairman of Pacific Holdings with interests in diverse sectors of the economy, including real estate, banking, oil and gas, steel, education and is now eyeing keenly the entertainment industry. He is also the founder and pro-chancellor of Adeleke University, Ede, in Osun State.
Davido later on posted this picture of him and his father on his blackberry Dp with a message 'Omo baba olowo and Baba Olowo' (meaning: Son of a wealthy man with the wealthy man).
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