Mike Adenuga
$6.26B
$572K
as of 07/14/25
About Mike Adenuga
Mike Adenuga, Nigeria's second richest person, built his fortune in telecommunications and oil production.
His mobile phone network, Globacom, is the third-largest operator in Nigeria, with more than 17 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
NigeriaSource of wealth
Telecom, oilResidence
LagosMarital status
MarriedBirth date
04/29/53 (age 72)Number of children
7Education
Master of Business Administration, Pace UniversitySelf-made
self-madeMike Adenuga’s fortune is worth
104K
troy ounces of gold
96K
median U.S. household
63K
median U.S. income
0.125%
U.S. credit card volume
0.025%
GDP of the United States
0.018%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver.
Net worth over time
Real-time ranking
Financial assets
NIGERIA | CONOIL-NG
ConoilNIGERIA | FIRSTHOLDCO-NG
FBN HoldingsNIGERIA | JBERGER-NG
Julius Berger NigeriaNIGERIA | STERLINGNG-NG
Sterling Financial HoldingsImages © Forbes.com. All rights reserved.