How I Try To Limit Davido’s Luxury Spending – Sister

Sharon Ademefun, elder sister to Afrobeats star Davido and Chief Financial Officer of Davido Music Worldwide, has revealed how she manages her brother’s finances and repeatedly tries to stop him from buying more luxury cars and jewellery.

Speaking on The Morayo Show hosted by Morayo Afolabi-Brown, Ademefun said she holds weekly finance meetings with the singer to keep him informed about his spending.

“Me and Davido sit and have a finance meeting every week because I think it is important for him to know how his money is being spent. I will now say, ‘David, please, no more cars,’” she said.

Despite her warnings, Davido often continues to acquire luxury items.

“No more jewellery. 24 hours later, you know how they normally say it, ‘2 to 3 business days’, I’ll just see on the blogs. This latest car,” she added.