Mike Adenuga Net Worth

Mike Adenuga net worth: Mike Adenuga is a Nigerian billionaire who has a net worth of $9.6 billion. That makes him the second richest black person on the planet behind Nigerian oil magnate Aliko Dangote. Mike is around $4 billion richer than Ameria's wealthiest black person, Robert F. Smith. Reclusive by nature, Mike Adenuga built his enormous fortune in mobile telecommunications and oil production. In 2006, he founded Globacom, the second largest mobile phone network in Nigeria. With over 24 million customers in Nigeria, the company also operates in the Republic of Benin, where it recently acquired licenses to start businesses in Ghana and the Ivory Coast. What's more, his Conoil Producing is considered to be one of the largest independent exploration companies in Nigeria, with a production capacity of 100,000 barrels of oil per day. Mike, who reached his peak during the military regime of former President Ibrahim Babangida, made his first fortune at a very young age of 26 as a distributor of lace and other materials. Ever since, he has accumulated enormous wealth and thus became the 2nd richest person in Nigeria and the 5th richest in Africa as of March 2013. When it comes to Mike's private life, he is married with seven children.