Mike Adenuga

$6.64B

as of 09/29/24

About Mike Adenuga

Mike Adenuga, Nigeria's second richest man, built his fortune in telecommunications and oil production.

His mobile phone network, Globacom, is the second-largest operator in Nigeria, with more than 60 million subscribers.

His oil exploration outfit, Conoil Producing, operates 6 oil blocks in the Niger Delta.

Globacom also built Glo-1, a 6,100-mile-long submarine Internet cable to the U.K. via Ghana and Portugal.

Adenuga also owns 74% of publicly traded gasoline firm Conoil and just under 6% of publicly traded Nigerian bank Sterling Financial Holding.

Personal stats

Citizenship

Nigeria

Source of wealth

Telecom, oil

Residence

Lagos, Nigeria

Marital status

Married

Birth date

04/29/53 (age 71)

Number of children

Education

Master of Business Administration, Pace University

Self-made

self-made

Mike Adenuga’s fortune is worth

111K

troy ounces of gold

102K

median U.S. household

66K

median U.S. income

0.133%

U.S. credit card volume

0.027%

GDP of the United States

0.02%

United States debt

Net worth history

Annual ranking

Did you know?

He made his first million at age 26 selling lace and distributing soft drinks.

Net worth over time

Real-time ranking

Financial assets

NIGERIA | CONOIL-NG

Conoil

NIGERIA | FBNH-NG

FBN Holdings

NIGERIA | JBERGER-NG

Julius Berger Nigeria

NIGERIA | STERLNBANK-NG

Sterling Bank PLC