He is happily married to his wife Adebisi Aderonke Otudeko. Eze, who is the founder and Chairman of oil company Atlas Oranto Petroleum, made the donation during a fundraising dinner on Saturday to the St. Stephen’s Anglican Deanery and Youth Development Centre, Otuoke, in Bayelsa State, in Nigeria’s Niger Delta region. Oba Otudeko is last on our list on top wealthiest billionaire men in Nigeria and Africa with a net worth estimated at $650 million according to Forbes. Dangote is aggressively pursuing international expansion. Oba Otudeko’s net worth as rated by Forbes by June, 2017 was $550 million. Oba Otudeko started his profession as a clerk in the defunct Co-operative Bank, Ibadan. Jim Ovia - $1 billion Involved with the funding and development and management of properties and facilities. Source of Wealth: Manufacturing, Telecoms, Self Made Current Net-worth: 550 Million Location: Nigeria. Oba Otudeko . He is highly educated and is a Chartered Accountant, Chartered Corporate Secretary and a Chartered Banker. Entrepreneurship is a lonely journey, let us help you get through it with our services. Source: Zenith BankZenith Bank: Owns stake worth N8.3 billion ($54.2 million) A former bank chief, Egwuenu is the second largest individual shareholder of the Zenith Bank Group. The conglomerate's operations stretch across oil and gas, flour milling, real estate and marine transportation. In 2013, the company signed agreement with GE for 150 megawatts power facility in Ogun State. Oba Otudeko’s net worth as rated by Forbes by June, 2017 was $550 million. 60-year-old Chairman & CEO of Dangote Groups is the richest man in Africa and automatic riches in Nigeria. You have entered an incorrect email address! Entrepreneurs.ng curate insights, experiences, and information that inspire, inform and educate. Oba Otudeko was Chairman of the Nigerian-South African Chamber of Commerce (NSACC) and aimed to facilitate investment flows into Nigeria. The conglomerate’s operations stretch across oil and gas, flour milling, real estate and marine transportation. He is the founder of the Honeywell Group. As at our cut-off date, this gives him a net worth of N572 million. 8. His net worth in 2014 was $550 million according to Forbes. I haven’t talked to him in about 15 years. But only one of them has managed to make the list 100 consecutive days. Oba Otudeko started his profession as a clerk in the defunct Co-operative Bank, Ibadan. 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Oba Otudeko, a former banker and renowned boardroom guru, owns a … In 2003, Oba Otudeko established a non- governmental organisation called Oba Otudeko Foundation (OOF) as an official vehicle to carry out his philanthropic acts. Oba is the founder and chairman of Honeywell Group. 22. Building of an Auditorium to Pan Atlantic University, Administrative Block to All Saints’ College, Edun Village, Ibadan, Students’ Cafeteria to Bells University of Technology, Ota, Ogun State, Endowment of the Centre of Entrepreneurial Studies of the Olabisi Onabanjo University, Ago Iwoye, Ogun State, Officer of the Order of Federal Republic of Nigeria                                                                                       2002, Entrepreneur of the Year at Thisday Awards                                                                                                  2009, Commander of the Order of Federal Republic of Nigeria                                                                             2011, Forbes’ 5 Richest Nigerian Stockholders                                                                                                         2011, Forbes’ 50 Richest Africans                                                                                                                                2014, Business person of the Year by Board of Leadership Newspapers                                                             2015, Africa CEO of the Year at Africa CEO Forum                                                                                                 2016, Vanguard Lifetime Achievement Awards                                                                                                       2017. He is a Fellow, Institute of Chartered and Corporate Accountants, UK, Chartered Institute of Bankers, UK, Institute of Chartered Secretaries and Administrators, UK. Dr. Oba Otudeko – As a successful Nigerian businessman, Dr. Oba Otudeko is credited with the foundation of the Honeywell Group. PECL has worked with federal government on landmark projects such as OAY (Owerri- Ahoada-Yenagoa) project for transmission company, PHCN in Nigeria. Oba is also a member of the Office of Distinguished Friends of London Business School and Institute of Chartered Accountant of Nigeria. Oba Otudeko’s Net Worth. The former governor of Abia State is also among the wealthiest men in Nigeria today. He is one of the most popular entrepreneurial figures in Nigeria and … Brian Kemp to 'immediately ask for a Special Session of the Legislature.'. A brand new map is coming to Warzone with Season 1 of 'Black Ops Cold War. He is a native of Odogbolu in Ogun State. Oba Otudeko has at various points headed Airtel Nigeria limited, Fan Milk Nigeria Plc and First Bank Nigeria Plc. Currently, his net worth stands at $600 million. All rights reserved. 9.) They are blessed with three children; Moyo Otudeko, Folake Otudeko and Obafemi Ademola Otudeko. He is an astute investor whose investment cuts across different sectors of the economy. The group’s operations stretch across flour milling, oil and gas, marine transportation and real estate. Oba Otudeko has interests in telecoms, oil and gas, real estate, food processing and real estate, flour milling and even hospitality. We make business happen for you. Oba Otudeko is the founder and chairman of Honeywell Group. He founded the popular Honeywell Group and he is also the chairman of FBN Holding Plc. Another piece of his fortune is in the oceanfront Radisson Blu in Lagos, Nigeria. Aminu is the son of Nigeria’s former military Head of State, Ibrahim Babangida. The business mogul is an alumnus of International Institute for Management Development, Switzerland, Harvard Business School, Boston, USA and Arthur D. Little School of Management, USA. Net Worth on the NSE: $63.3 million. Jim Ovia is the 7th richest man in Nigeria and founder of Zenith Bank. Oba Otudeko Born August 18, 1943, Dr. Otudeko is an astute and highly successful investor and entrepreneur and renowned for being in the Forbes’ list of … He was born Ayoola Otudeko and he trained as an accountant at the Leeds College of Commerce in the United Kingdom which is now the Leeds Beckett University. The media magnate this week unloaded another prized piece of his real estate portfolio, selling a development site on Beverly Hills' so-called "Billionaire's Row" for $33.75 million. He has served on several boards including First Bank of Nigeria, NEPAD Business Group of Nigeria, Central Bank of Nigeria, Guiness Nigeria Plc, British American Tobacco Ltd and Eco bank Transnational Incorporated, Delmar Overseas Ltd and Khali & Dibbo Ltd. Oba Otudeko ($650 Million) With a net worth of $650 million, Oba Otudeku takes the 9 th position on the list of richest men in Nigeria. Through his holding company, Dangote owns about 95% of the company’s equity. He also has investments across other sectors like oil & gas, marine, finance, and real estate. He was appointed him a Director to the Board of the Central Bank of Nigeria by the federal government. Develops and makes investment in Nigeria’s tourism and hospitality. The company later grew into Honeywell Group one of Nigeria’s leading indigenous conglomerate. All Rights Reserved, “I get a call from Francis. He has 615, 889,636 units of shares at Unity Bank Plc as of 2016. One of the largest food processor in Nigeria producing flour-based consumer products. He attended St, John’s School, Oke Agbo, Ijebu-Igbo, Ogun State and Olivet Baptist High School, Oyo. 39 No.2 Nicky Oppenheimer & … As of January 2015, he had an estimated net worth of US$18.6 billion. Here are 12 great movies that were added to Netflix this past week. Oba Otudeko Net Worth. Oba Otudeko Background. Licensed by the Nigerian Electricity Regulatory Commission (NERC) to generate and distribute power in Nigeria. Trump seemed to confirm his demands publicly, tweeting at Georgia Gov. Source: Forbes. On Saturday in La Liga, FC Barcelona faced Cadiz. He believes in market-driven but sustainable national development. Oba Otedeko is chairman of Honeywell Group, a diversified industrial, trading and investment conglomerate. Biography net worth and business life of Jim Ovia. Oba Otudeko. He is married to Adebisi Aderonke Otudeko, a princess from a ruling house in Ijebu-Ode, Ogun State. Entrepreneurial Journey of Oba Otudeko. The courage and motivation to leave a paid job and venture into the oil and gas business without a readily available capital came from a one-truck diesel supply to an Ikeja-based company in 1996. See Also: Biography and business life of Abdulsamad Rabiu. Gabriel Ogbechie is group managing director/CEO,Rainoil Limited, an integrated downstream oil and gas company he founded in 1997. "I petition all of you, take off the mask of shame," Dr. LaTulippe said. He is a native of Odogbolu in Ogun State. He is also currently the chairman of Airtel Nigeria, and the chairman of Fan Milk Nigeria plc. Earlier this month, he received a Central Bank approval to invest $4 billion outside the country. The company’s stock is down 16%; yet to bounce back to IPO price. Oba Otudeko Net Worth on the NSE: $63.3 million Source: Honeywell Flour Mills, First Bank 5. We're connecting entrepreneurs, their offerings and the marketplace. He has also held prominent positions including the President of the Nigerian Stock Exchange (2006) and Director for the Central … Obafemi Adedamola Otudeko Jnr. He also serves as chair of FBN Holdings and founder of the Oba Otudeko Foundation. The company is involved in procurement, importation and distribution of fuels and gases. Net worth: $605 million. Mark Essien – Biography Of Founder And Executive Officer of Hotels.ng, Employee Poaching In The Advertising Industry And How To Prevent It. He was chancellor of Olabisi Onabanjo University and was honoured as a Commander of the Order of the Federal Republic in 2011 after being awarded Officer of the Order of the Federal Republic (OFR) in November 2002 and Member of the Order of the Federal Republic (MFR) in December 2000. © 2020 Forbes Media LLC. See Also:Biography and Net Worth Of Femi Otedola. Oba Otudeko is also the Chairman for Airtel Nigeria. The commodities titan reigns supreme in Nigeria’s capital markets. He believes that good corporate governance practices and a good business environment allows new business opportunities which lead to greater shareholder value. Courtesy of his many businesses and his stakes in these companies, Otudeko currently ranks among the richest men in Nigeria. Oba Otudeko; Dr. Oba Otudeko is the chairman of Honeywell Group, with major productions Flour, Spaghetti, Instant noodles and so on. Other services . Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on WhatsApp (Opens in new window). It’s the first major league taking that step. This may be to defer learning by the incoming Biden Administration of the intelligence information relating to the p;ro0-Trump Russia inquiry. The company produces baking flour, ball foods, noodles and pasta. It wasn’t surprising that Oba ventured into business after his resignation as his mother was an industrious entrepreneur. See Also:Biography and Net Worth of Aliko Dangote. His company operates in Nigeria and other African countries, including Benin, Cameroon, Ghana, South Africa, Togo and Zambia. ... Obafemi is the son of famous business mogul Oba Otudeko. Top aides installed by the Trump White House at defense are hindering the Biden Transition. 10. Biggest asset: $12.1 billion (Market Cap) Dangote Cement. © 2020 Forbes Media LLC. Aliko Dangote is the richest man in Nigeria and the richest African in the … Entrepreneurs.ng is everything to the entrepreneur. Share Share Tweet Email Comment. Also, the company produces and markets lubricants to industries and domestic users. Oba Otudeko established a non- governmental organisation called Oba Otudeko Foundation (OOF) in 2003 to give back to the society. He was also on the Board of the NEPAD Business Group – Nigeria. Oba was appointed as the 16th president and chairman of Nigerian Stock Exchange in September 2006. See Also: Biography net worth and business life of Jim Ovia. Net Worth on the NSE: $220.5 million Source: Zenith Bank 3. Many shows have graced Netflix's Top 10 list this year. Oba Otudeko has an estimated worth of $650 million. Net Worth on the NSE: $63.3 million. © Copyright 2020 - Entrepreneurs.ng by ReDahlia. Based on the details from Forbes, the estimated net worth of Mr. Otudeko is about 550 million U.S. dollars. During his tenure as the NSACC Chairman, the volume of Nigeria-South Africa bilateral trade grew significantly from $16.5 million in 1999 to $2.9 billion in 2010. 2014 Africa's 50 Richest NET WORTH $550M as of 11/19/14 Oba Otudeko is the founder and chairman of Honeywell Group. Born August 18, 1943, Oba Otudeko is the ninth richest man in Nigeria, former President of the Nigerian Stock Exchange with a net worth … Do you know how much that was worth? Oba Otudeko. Aliko Dangote Net Worth. Jamal Musiala and Thomas Müller starred in what was a fantastic top game between Bayern Munich and RB Leipzig. As of June 2017, his estimated net worth was US$550 million. 9) Orji Uzor Kalu Net Worth - $330 million He is one of the biggest power politicians and businessmen in Nigeria. It commenced operations in 1998 and is listed in Nigerian Stock Exchange. Currently, Oba Otudeko is the owner of the Honeywell Group and chairman of FBN Holding Plc. Aliko Dangote is Africa's and Nigeria's Richest Man as of 2012 according to Forbes Magazine with a net worth of $11.2 billion. Eddy Martins Egwuenu Net Worth on the NSE: $54.2 million Source: Zenith Bank Read the fulll report here He was a council member, Manufacturers’ Association of Nigeria, Nigerian Banks Employers’ Association and West African Banks’ Association. Oba Otudeko on Social Media Oba Otudeko net worth is about 650 million US dollars. See Also: Biography and Net Worth of Mike Adenuga. Oba Otudeko; Oba Otudeko is the last on our list of richest men in Nigeria, he engages in various businesses –including Fan Milk Nigeria PLC, Airtel Nigeria, and Honeywell Group of Companies. Under the leadership and foresight of Oba otudeko, Honeywell Group evolved into a diversified conglomerate with many subsidiaries in different sectors of the economy. It is Oba Otudeko who has established the successful Huneywell Group. ', Why One Tycoon’s Fortune Fell 50% And Another’s Nearly Tripled In A Volatile Year For Some On The Continent. Source: Honeywell Flour Mills, First Bank. Provides engineering, procurement and construction services to the power industry. He is retired banker, an investor and an entrepreneur. Sayyu Dantata Net Worth on the NSE: $67 million Source: MRS Oil 4. Oba Otudeko CFR is a Nigerian businessman who serves as the founder and chairman of the Honeywell Group. Save my name, email, and website in this browser for the next time I comment. Oba Otudeko was born on the 18th of August, 1943 in Ibadan, Oyo State to the royal family of late Adewunmi Olufuyi Otudeko and Juliana Foworera Otudeko. 10. Jim Ovia. 2 Oba Otudeko. He also founded the Oba Otudeko Foundation, which specializes in charity and philanthropy. Dangote plans to channel the funds into the construction of a new Cement manufacturing facility in Cote D’Ivoire. Oba Otudeko is estimated to have a net worth of about US$550 million . These are the seven members of Forbes' 2014 list of Africa's 50 Richest who failed to make the 2015 list. The dynamic industrialist was the Chairman, Airtel Nigeria Ltd, Fan Milk of Nigeria Plc, Digital Africa Conference Exhibition in Abuja, Business Support Group, National Maritime Authority, Nigerian- South African Chamber of Commerce. Oba Otudeko has been in the banking profession for 23 years, subsequently occupying the offices of the General Manager and acting Chief Executive Officer of the then Cooperative Bank, and retiring in 1983. The foundation’s aim is to bring sustainable development in Nigeria and other African countries and they do this through people empowerment, capacity and institutions building. 10. He calls me up and says, ‘I’ve been working on The Godfather Part III, and I want you to come and see it.’”. Talk about being all rounded. Oba Otudeko chairs board of Trustee of Honeywell Flour Mill Plc and FBN Holdings Plc and is a member of the board Lagos Sheraton Hotel. With a Net Worth of $550 million according to Forbes (estimated to be worth $1billion by Ventures Africa) and a business empire spanning manufacturing, oil & gas, telecoms and hospitality industry, Obafoluke Ayoola Otudeko is an accomplished business mogul. Source: Honeywell Flour Mills, ... Net Worth on the NSE: $54.2 million. Deliberately snubs claims that the company’s stock was overvalued during its IPO last fall. The company owns and operates 5 star Radisson Blu Anchorage Hotel in Victoria Island. A leading indigenous oil and gas marketing company in Nigeria, incorporated in 1995. Here’s the result, what happened and what we learned from the tie. Notify me of follow-up comments by email. With perseverance and hard work, he rose to the post of General Manager and acting Chief Executive Officer before he resigned in 1983. Honeywell Enterprises; a trading enterprise importing and marketing commodities between the northern and southern states of Nigeria started in 1972. Insights, information and opportunities that inspire, inform and educate straight to your inbox. Oba Otudeko was born on the 18th of August, 1943 in Ibadan, Oyo State to the royal family of late Adewunmi Olufuyi Otudeko and Juliana Foworera Otudeko.
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