Adedeji Adeleke, widely recognized as Davido’s father, is one of Nigeria’s richest businessmen and philanthropists. As the founder of Adeleke University and the CEO of Pacific Holdings, his financial empire spans education, energy, real estate, and banking.
But what exactly is Adedeji Adeleke net worth in 2025? How does it compare in Naira and dollars, and has Forbes recognized his wealth officially? This detailed profile answers all these questions and more.
What is Adedeji Adeleke Net Worth in 2025?
As of 2025, Adedeji Adeleke’s net worth is estimated at ₦875 billion Naira, which is approximately $700 million USD. This makes him one of the wealthiest private individuals in Nigeria and Africa.
While not on the global Forbes billionaire list, Adedeji Adeleke was profiled by Forbes Africa in its 2024 wealth edition for his business contributions in West Africa.
Adedeji Adeleke Biography
| Full Name | Adedeji Tajudeen Adeleke |
|---|---|
| Popularly Known As | Davido’s Father |
| Date of Birth | March 6, 1957 |
| Nationality | Nigerian |
| Occupation | Businessman, Philanthropist |
| Notable Roles | CEO of Pacific Holdings, Founder of Adeleke University |
| Children | David Adeleke (Davido), Sharon Adeleke |
| Net Worth 2025 | ₦875 billion / $700 million |
Net Worth Breakdown: In Naira and Dollars (2025)
| Income Source | Estimated Value (₦) | Equivalent in USD ($) |
|---|---|---|
| Pacific Holdings Limited | ₦350 billion | $280 million |
| Real Estate & Property | ₦200 billion | $160 million |
| Adeleke University | ₦100 billion | $80 million |
| Banking & Equity Investments | ₦125 billion | $100 million |
| Oil & Gas Ventures | ₦100 billion | $80 million |
| Total Net Worth (2025) | ₦875 billion | $700 million |
Forbes Recognition: Is Davido’s Father on Forbes?
Adedeji Adeleke was featured by Forbes Africa in their “Top African Billionaires Under the Radar” (2024 edition). Although he’s not on the Forbes global billionaire list due to his private business structure, his influence and net worth have been recognized in Africa’s business elite rankings.
Adedeji Adeleke net worth Forbes estimate remains one of the highest among private Nigerian billionaires.
How Adedeji Adeleke Built His Wealth
1. Pacific Holdings Limited
Founded in the early 1990s, Pacific Holdings operates across oil and gas, power generation, banking, and trading. It is the foundation of Adedeji Adeleke’s net worth in Naira.
2. Real Estate Empire
He owns several properties across Lagos, Osun, Abuja, and abroad. His real estate assets include commercial complexes, residential estates, and undeveloped land worth billions.
3. Adeleke University
Founded in 2011, Adeleke University is a privately-owned institution that generates revenue from tuition and donations. It is one of the top private universities in Nigeria.
4. Private Equity and Banking Investments
Adedeji Adeleke has stakeholdings in various financial institutions and venture capital projects. His portfolio includes investments in insurance, fintech, and traditional banking.
5. Oil & Gas Interests
He is involved in distribution, importation, and consulting services in Nigeria’s petroleum sector, contributing significantly to his annual income.
Davido’s Father Assets: Cars, Houses, and Lifestyle
Adedeji Adeleke maintains a low profile but is known for his wealth and generosity. Some of his known assets include:
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Private Jet (Bombardier Global Express) – Estimated at $35 million
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Mansion in Banana Island, Lagos – Worth over ₦1.2 billion
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Luxury Homes in Atlanta and London
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Fleet of Cars: Rolls-Royce Phantom, Bentley Continental GT, Mercedes-Maybach
Despite his billionaire status, he is described as modest, charitable, and deeply religious.
Timeline: Career & Legacy
| Year | Milestone Achievement |
|---|---|
| 1990s | Founded Pacific Holdings |
| 2000s | Diversified into real estate and education |
| 2011 | Founded Adeleke University |
| 2020 | Supported Davido’s career and projects |
| 2024 | Featured by Forbes Africa |
| 2025 | Net worth surpasses ₦875 billion |
FAQs – Adedeji Adeleke Net Worth 2025
What is Davido’s father net worth in Naira 2025?
Adedeji Adeleke’s net worth in 2025 is estimated at ₦875 billion Naira.
What is Adedeji Adeleke net worth in dollars?
His 2025 net worth equals approximately $700 million USD.
Is Davido’s dad a billionaire?
Yes. In Nigerian currency, he is a multi-billionaire with diverse investments.
Has Forbes listed Adedeji Adeleke?
Yes. Forbes Africa profiled him in 2024 among top African billionaires under the radar.
What is Adedeji Adeleke’s biggest source of income?
His company Pacific Holdings Limited is the largest contributor to his wealth.
Final Thoughts on Adedeji Adeleke Net Worth 2025
Adedeji Adeleke net worth in 2025 confirms his standing as one of Nigeria’s most powerful and wealthiest individuals. His contributions to business, education, and philanthropy make him more than just Davido’s father—he is a strategic investor, nation builder, and billionaire with substance.