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Mike Adenuga Net Worth

Mike Adenuga Net Worth
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In this article, we are discussing the richest person in Africa. The one and only is Mike Adenuga.

Here you find his total net worth and information about his company and other business. Keep reading this article.

Mike is a Nigerian nationalist known as a rich businessman in the Africa region. Born on 29 April 1953 in Ibadan, Oyo State of Nigeria, now he is 67 years. Also, you will know what is Mike Adenuga Net Worth, income source, earning and How did Mike become a billionaire?

Got an education from Ibadan Grammar School. Higher education from Northwestern Oklahoma State University and Pace University. Mike Adenuga is a founder and CEO of Globacom and Chairman of Conoil.

Married with Adefolake Emili Adenuga and Titi Joyce Adenuga. They have seven children including Bella Disu. Also, along with his worth, you must read about David Benioff and Yash Chopra

Successful Career

Adenuga made his initial million of every 1979, at age 26, selling ribbon and dispersing delicate drinks.

In 1990, he got a penetrating permit and in 1991, his Consolidated Oil struck oil in the shallow waters of Southwestern Ondo State, the primary native oil organization to do as such in business amount. 

He gave a restrictive GSM permit in 1999; after it was disavowed, he got a second one when the public authority held another sale in 2003.

His telecom organization Globacom spread rapidly and began testing the goliath MTN Group.

It dispatched administrations in Benin in 2008 and has proceeded with its spread across Ghana and Côte d’Ivoire, with more licenses presently being prospected in other West African nations. 

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He named African Entrepreneur of The Year at the primary African Telecoms Awards (ATA) in August 2007. 

In May 2015, Adenuga made a takeover offer to buy Ivorian versatile telecom’s administrator Comium Côte d’Ivoire for $600 million.

How did Mike Adenuga become a billionaire?

Mike Adenuga has total net worth of $6.1 Billion US ranked 5th in Africa 

He is Nigeria’s second most extravagant man, fabricated his fortune in telecom and oil creation. 

Managed cell phone organization, Globacom, is the third biggest administrator in Nigeria, with 55 million endorsers. 

His oil investigation outfit, Conoil Producing, works 6 oil blocks in the Niger Delta. 

Adenuga got an MBA Degree from Pace University in New York.

By helping himself as an understudy by doing a job as a cab driver. He became a millionaire at the age of 26 years as a youngster in Africa.


Globacom Limited, generally known as GLO, is a Nigerian worldwide media communications organization established on 29 August 2003 by Mike Adenuga.

As of June 2018, the organization utilizes in excess of 3,500 individuals around the world. 

GLO has more than 45 million endorsers in December 2018, making it the second-biggest organization administrator in Nigeria. 

In 2011, GLO turned into the primary media transmission organization to construct an $800 million high-limit fibre-optic link known as Glo-1.

A submarine link from the United Kingdom to Nigeria. It is the principal fruitful submarine link from the United Kingdom to Nigeria. 

Globacom has the accompanying key speciality units: Glo portable, Glo Broad Access, Glo Gateway, and Glo-1. 

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GLO worked together with MTV on The Big Friday Show in 2012. This partnership made the show more intelligent and gave watchers the chance for live appearances on the show.

There was an additional advantage of GLO supporters winning the organization’s items consistently. 

In April 2013, GLO presented the singing unscripted tv show, the X-Factor to Africa.

The tryouts were held in Nigeria and Ghana, with a definitive prize being a $150,000 monetary compensation just as an arrangement to overseen and delivered by Sony Music to record a collection.

Mike Adenuga Honours

In 2012, he was made Grand Commander of the Order of the Niger by the public authority of Nigeria. 

He holds a Yoruba ancestral chieftaincy as the Otunba Apesin of the Ijebu family. 

In 2018, he enlivened with the emblem of a Commander of the Legion of Honor by President Emmanuel Macron of France. 

Adenuga referred to as one of the Top 100 most powerful Africans by New African magazine in 2019. 

If you want to read more about Billionaire personalities such as Marcus Lemonis and Jeff Bezos then tell me in the section box.

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