In the real sense, he is actually an “oba” because he was born to a royal family. The chairman of FBNHoldings Plc, Oba Otudeko, has continued to prove his worth as a master strategist who understands the business terrain.. Over the next two decades, he was promoted to general manager and acting chief executive officer of the bank. The Honeywell group operates in multiple diversified businesses that include, agriculture, telecommunications, foods, etc. Also, he has been the chairman of BOI (Nigerian Bank of Industry) for over 6 years ago when he was appointed. Chizoba is a seasoned Information blogger, content developer and the founder of Nigerian Infopedia. Oba Otudeko is the founder and chairman of Honeywell Group. Founder, Honeywell Group, Chairman FBN Holdings, Airtel Nigeria and Fan Milk of Nigeria. The first African American to assume the presidency, he previously served as a United States Senator, representing Illinois from 2005 to 2008. Entrepreneurial Journey of Oba Otudeko. His net worth is $13.8 billion ( if you hear of dangote salt,etc he owns the company) The 2nd richest man in Nigeria is Mike Adenuga of Globacom. Amongst the car collection of Oba Akiolu are Rolls Royce Phantom, Mercedes Benz S550, Toyota Prado and so on We'll assume you're ok with this, but you can opt-out if you wish. One of such political events was the coup that happened in December 1966. Anchorage Leisure Co., Ltd. invests in the tourism and hospitality industry and operates the five-star Radisson Anchorage Hotel on Victoria Island. Mohammed Indimi is also among Forbes richest Nigerian billionaires entrepreneurs with an estimated worth of $400 million. Oba Otudeko is married to Mrs Adebisi Aderonke Otudeko. Sayyu Dantata Net Worth on the NSE: $67 million Source: MRS Oil 4. Forbes Magazine once estimated him to be worth about $550 million. Achenyo Idachaba. His current net worth is estimated at $650 million. Jim Ovia - $1 billion. Over the years, the foundation has organized empowerment programs, as well as capacity building and institution building. He acquired Standard Trust Bank and made it one of the top commercial banks in Nigeria in the shortest possible time. With perseverance and hard work, he rose to the post of General Manager and acting Chief Executive Officer before he resigned in 1983. Recently, he led directors of FBN Holdings, First Bank of Nigeria Limited and FBNBank Ghana Limited, on a courtesy call to the President of the Republic of Ghana, Nana Addo Dankwa-Akufo-Addo, in Accra.. She had her secondary education at … He was born on August 8,1943. He is an accountant, investor, businessman and Chairman of Honeywell Group. Oba Otudeko . The company purchases, imports and distributes fuels and gases and lubricants for industrial and household purposes. 50) Oba Otudeko – Net Worth: $550 Million (Nigerian) Oba is the founder and chairman of Honeywell Group. He is a decorated economist who graduated from Havard Business school, introducing various ideas and innovations that has helped grow his businesses to a very high level in different sectors of the economy. Oba Otudeko started his profession as a clerk in the defunct Co-operative Bank, Ibadan. The bank claimed that Otuk had personally guaranteed the loans obtained by his three companies: Honeywell Flour Mills Co., Ltd.; Honeywell Flour Mills Co., Ltd.; Honeywell Flour Mills Co., Ltd.; Honeywell Flour Mill Co., Ltd. Siloam Global Services Ltd; and Anchorage Leisure Ltd. Click to view profile . 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. Oba Otudeko’s net worth as of November, 2014 according to Forbes is $550 M. Source: Forbes, Wikipedia . Otudeko … They are blessed with three children; Moyo Otudeko, Folake Otudeko and Obafemi Ademola Otudeko. ... ranking at 33 with a net worth of $575 million as of November 2013. He is an astute investor whose investment cuts across different sectors of the economy. Nigeria’s manufacturing sector has some of the most influential and wealthiest people in the country. Oba Otedeko is chairman of Honeywell … He is also one of the top 20 richest people in Nigeria. You have entered an incorrect email address! According to Forbes, Tunde Folawiyo is one of the richest men in the country worth $400 million. As one of the Yoruba billionaire business men in the country, his oil company, Con oil was licensed in 1990 and is the first indigenous company to extract oil in commercial quantities in the country. One of such positions include being the chairman of the United Bank of Africa from 1998 to 2004. Here are the top 20 richest men in Nigeria and their net worth as ranked by Forbes’ list this 2020. Do you know how much that was worth? Rise to Prominence. He is in his 80’s but still heads the Mondola Group, another conglomerate worth millions of dollars and has interests in various sectors. He is also among the list of Nigerian billionaires with investments in several parts of the world. Oba Otudeko is similar to these people: Femi Otedola, Adekunle Ayeni, Oluseun Onigbinde and more. He founded Oriental Energy in 1990 and the company deals on Energy. He has occupied various top positions in the country. On the profile of the founder of Nairametrics this week, we bring you Obafunke Otudeko’s life achievements and how he reached such heights. 6. Net worth: $950 million (source: Nigerianguide, March 2020) Hajia Bola Shagaya was born on the 10th of October 1959 in Kwara State. Samuel Adedoyin. Benedict Peters is one of the richest people in the country who owns oil wells and the founder of AITEO Group. His success came as a result of his investment in the BUA Group. Education. This wealthy business man was born in Kano in 1960 and his father, Khalifah Isyaku Rabiu was also a rich industrialist during the first republic. $550M . Saudi Arabia condemns the cartoons of Prophet Muhammad (PBUH). Her oil company, Famfa Oil Limited which she established in 1993 generates a profit of $10 million while her real estate properties is said to be worth a whopping $100 million. Oba Otudeko is a businessman who serves as the founder and chairman of the Honeywell Group. Oba Otudeko (Ayoola Obafoluke Otudeko) is an accomplished entrepreneur, investor and philanthropist who has contributed immensely to Nigeria’s economy. ORJI UZOR KALU . Oba Otudeko is a Nigerian businessman and the founder of Honeywell Group. ... Coming a short while after the business mogul increased his net worth by almost $5 billion, the scandal of course attracted a lot of criticisms. He is happily married to his wife Adebisi Aderonke Otudeko. GLO has branches in other African countries like Ghana, Benin and Cote D’ Ivoire. The number of workforce under him is set to increase in the coming years as his influence affects the economy of most countries. He is blessed with three daughters, two of which are celebrities in the entertainment industry, DJ Cuppy and Elizabeth Temi, a renowned blogger. 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It was this firm that sprang up into the Dangote Group and has dominated the business scene for years, especially the sugar and cement industry in the country. Oba Otudeko net worth is about 650 million US dollars. He has many business ventures and he is the present chairman of Fan Milk Nigeria PLC, Airtel Nigeria, and Honeywell Group of companies. $ 40 Million Barack Obama Net Worth: Barack Hussein Obama II is an American politician who served as the 44th President of the United States from 2009 to 2017. One of his companies, Globacom is rated the best and second largest telecom operator in the country being the largest data provider in Nigeria with the highest data base in the continent. HOGL Energy Limited belongs to the oil and gas field and was established in 1995. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. MCM Oba Otudeko CFR is a Nigerian businessman who serves as the founder and chairman of the Honeywell Group. Pavilion Technology Limited provides security services for individuals and customers in public and private spaces, from electronic security systems to manned security, escort services, and security consulting. He hails from Agbor in Delta state. 3) Abdul Samad Rabiu ($3.1 billion) ... Oba Otudeko is one of the wealthiest men in Nigeria presently. 8. Folorunsho Alakija is the richest woman in Nigeria and … The group’s operations stretch across flour milling, oil … Abdulsamad Rabiu is the chairman and founder of BUA Group. This event saw the likes of various top personalities and dignitaries in attendance. Oba Otudeko first started out working in banks, he worked in banks for 23 years and slowly but steadily climbed up the ranks. Sir Tony Elumelu is a seasoned entrepreneur, economist and philanthropist. Maryam Sanda death sentence upheld by the court, Hikayata competition: winner will be announced today, Dr. Hakeem Baba Ahmed: why Northern elders wants Buhari to step down, End Sars Protests: Rinu Oduala account has been frozen, Abdulrasheed Maina arrested in Niger Rep. on Monday, Burna Boy Trending As a Lady Accused Him Cheating. He owns the Honeywell Group and is the current chairman of FBN Holding Plc. His current net Worth is estimated at $550 million. 5. Facebook. Oba Otudeko. by Olajide TV Admin Sunday, February 23, 2020. Billionaires ... 2014 Africa's 50 Richest NET WORTH. The majority of Oba Otudeko investments stretches from the oil and gas industry, marine industry, financial services and he has interests in real estate. Before establishing the SLOK Group of companies which is one of the largest conglomerates in Nigeria, he was a palm oil seller and was also involved in selling furniture. Oba Otudeko is married to Mrs Adebisi Aderonke Otudeko. As of June 2017, his estimated net worth was US$550 million He’s a Big Player in the Real Estate Sector with Numerous Assets to show for it. 22. Eddy Martins Egwuenu Net Worth on the NSE: $54.2 million Source: Zenith Bank Read the fulll report here He is the founder and Chairman of the Dangote Cement, the continent’s largest cement producer. Oba Otudeko has investments spread across different sectors which include oil and gas, trading, financial services, real estate and marine transportation. First time I heard about Otudeko was when he acquired 4 percent shares in Airtel sometime in 2012. ... Vanguard Newspaper 6th September 2020 12. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. The Best Credit Cards Of 2020. Abdulsamad Rabiu -1.5 billion USD. Orji Uzor is another Nigerian billionaire who is active in politics. Emmanuel Ojei is a wealthy business man and the chairman of Nuel Ojei Holding Limited. Meanwhile, the bank asks for “a receiving order against the estate, funds, investment, shares or other interests of the debtor, principally in Siloam Global Services Limited and in Honeywell Group Limited; Honeywell Flour Mills Plc; Anchorage Leisures Limited; Honeywell Oil and Gas Limited; Uraja Real Estate Limited; Broadview Engineering Limited; Uraja Power Solutions Limited; Honeywell Energy Resources Limited; Hudson Power Limited; Pivot Engineering Limited and Pavillion Technology Limited, which interest is held either directly or through the said Siloam Global Services Limited and/or in any other company within and outside Nigeria.”, It also asked for leave to appropriate or utilize the “investments, shares, or other interests of the debtor (Otudeko) in all the companies listed above and in any other company/corporate entity in Nigeria or outside Nigeria in partial or full satisfaction of the debt due.”, In its prayer, Ecobank hopes that the court will order Otudeko to immediately use its “transaction statement, net asset statement, and other necessities, reliable financial details that help promote the Bankruptcy Law.”. 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