Mike Adenuga's Net Worth
Mike Adenuga is a prominent Nigerian billionaire with a net worth of $6 billion. This positions him as the second richest black person globally, following the Nigerian oil magnate Aliko Dangote. Known for his reclusive nature, Adenuga amassed his considerable fortune through ventures in mobile telecommunications and oil production.
The Rise of Globacom
In 2006, Adenuga established Globacom, which has grown to become Nigeria's second-largest mobile network provider. With a customer base exceeding 24 million in Nigeria, Globacom has also expanded its operations to the Republic of Benin and obtained licenses to commence businesses in Ghana and the Ivory Coast.
REUTERS/Afolabi Sotunde/Alamy
Conoil Producing: A Powerhouse in Oil Exploration
Adenuga's Conoil Producing is recognized as one of Nigeria's largest independent exploration companies, boasting a production capacity of 100,000 barrels of oil per day. His initial fortune was made at the age of 26 through the distribution of lace and other materials.
Personal Life
Mike Adenuga is married and has seven children. Despite his substantial public presence due to business achievements, he maintains a private family life.
