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Newsunplug > Blog > Entertainment > “Money Doesn’t Buy Happiness” — Davido’s Billionaire Father, Adedeji Adeleke Says
Entertainment

“Money Doesn’t Buy Happiness” — Davido’s Billionaire Father, Adedeji Adeleke Says

jolaoso babajide
Last updated: November 8, 2025 9:19 am
jolaoso babajide
Published: November 8, 2025
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Billionaire businessman Adedeji Adeleke, father of Nigerian singer Davido, has said that money does not guarantee happiness.

Contents
  • Social media reactions
  • Focus on values over wealth

This was said during his speech at his elder son Nicolas Adeleke’s wedding.

He added, “Happiness is not about money. Some people have nothing but they are happy. Some people have millions in the bank but they are miserable.”

He urged the newlyweds to prioritise peace, friendship, and love in their home, adding that wealth should not be the only measure of success.

Adeleke advised them to pray for each other every morning and night as part of maintaining harmony in their marriage

The wedding, attended by family, friends, and notable celebrities, was marked by celebrations and a display of the family’s wealth, including several private jets.

Social media reactions

The billionaire father’s remarks quickly generated discussion on social media.

Some users highlighted that while money can provide comfort, it cannot guarantee emotional fulfilment. Others debated that wealth indirectly contributes to happiness.

Many praised Adeleke’s humility, saying his words offered an important reminder that family bonds and peace are more valuable than material possessions.

Focus on values over wealth

Adeleke’s statement reflects ongoing conversations in Nigeria about wealth and personal wellbeing.

While the family enjoys significant wealth, the billionaire father’s advice at the wedding serves as a reminder that true happiness depends on relationships, love, and harmony rather than money alone.

Watch the video below…

“Money doesn’t buy happiness”

— Davido’s billionaire father, Dr. Adedeji Adeleke. pic.twitter.com/yxDpmaSj4N

— 𝐀𝐬𝐚𝐤𝐲𝐆𝐑𝐍 (@AsakyGRN) November 7, 2025

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