Mike Adenuga Current Net Worth News & Latest Update


Mike Adenuga is rated as one of the richest men
in Nigeria and Africa,in this post we are going to take a quick look at the current net worth of Mike Adenuga and 
some quick facts about him that you probably never knew before. 

Mike Adenuga Current Net Worth

1. Mike Adenuga Quick Facts?
  • 1. Mike Adenuga was born Michael Adeniyi Agbolade Ishola Adenuga Jr in Ibadan Oyo State Nigeria,he has 6 siblings,he received his early education at Ibadan Grammar School,after which he proceeded to Northwestern Oklahoma State University for further education where he bagged a degree in Business Administration. 
  • He has 7 Children and currently resides in Banana Island, Ikoyi, Lagos NigeriaHis father was a school teacher while his mother,was a businesswoman.
  • 2. He is one of the richest men in Africa and the 2nd richest man in Nigeria,he was born in 1953,and according to forbes he is also one of the richest men in Africa.
  • 3. The Nigerian billionaire businessman is the owner of  Glo which is the 2nd largest telecommunication network in Nigeria,his company has also expanded to Ghana and Benin. He also has interest in the Nigerian oil industry and banking sector,he owns stakes in Conoil which is one of the top oil exploration companies in Nigeria,Mike also has stakes Equitorial Trust Bank.
  • 4. It wasn't all rosy for him as he was a taxi driver,he had to make ends meet,his taxi business helped him to fund his tertiary education.
  • 5. He received his first drilling license in 1991,after his company found oil in Ondo State,back then his company’s name was Consolidated Oil,an indigenous oil company,he also went ahead to fund another indigenous telecommunication 
  • company named Globacom which also quickly became popular and rose to become the 2nd largest telecom company a feat that earned him the African Entrepreneur of The Year at the African Telecoms Awards back in 2007.
  • 6. He experienced some set back when he was accused by EFCC for money laundering,Mike left Nigeria and relocated to London,but was lucky to be pardoned by the then president Umaru Musa Yar'Adua.
  • 7. Mike Adenuga has also been accused of owning millions of dollars as debt by Total and Baker Hughes,this was in 2016.
  • 8. He has also received so many awards and titles such as the Grand Commander of the Order of Niger,the Otunba of the Ijebu clan Etc. 

Q: Mike Adenuga Current Net worth?

Hotvibes Media estimate Mike Adenuga's net worth to be around ₦ 3.1 Trillion Naira.

What do you think about Mike Adenuga's estimated net worth? Leave a comment below.