Business Men

Mike Adenuga Biography: First Wife, Children, Net Worth, House, Family, Cars, Education, Parents, Wikipedia, Centre, Mother, Business

Mike Adenuga Biography – Chife Mike Adeniyi Adenuga Ishola Jr CSG GCON was born on 29 April 1953. He is an influential Nigerian businessman known professionally as Mike Adenuga.

Mike Adenuga Biography

Mike Adenuga is a billionaire and the third richest person in Africa behind Nassef Sawiris of Egypt and Aliko Dangote of Nigeria.

He founded Globacom, (simply called Glo) Nigeria’s second-largest telecom operator, which is in other West African countries such as Ghana and the Benin Republic.

Mike Adenuga also owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly Consolidated Oil Company). He is also the CEO of Nigeria’s second-largest telecom operator after MTN.

His massive net worth has made him an economic force to reckon with in Nigeria. Due to his net worth, he rides the best cars, lives in a luxurious home, and can afford any good thing in life.

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Mike Adenuga Details

Real Name: Michael Adeniyi Agbolade Ishola Adenuga Jr
Stage Name: Mike Adenuga
Born: 29 April 1953 (age 71 years old)
Place of Birth: Ibadan, Oyo, Nigeria
State Of Origin: Oyo State
Nationality: Nigerian
Height: 1.73 m
Parents: Michael Agbolade Adenuga Sr, Juliana Oyindamola
Siblings: Demola Adenuga, Otunba Adenuga
Wife • Spouse: Adefolake Emilia Adenuga, Titi Joyce Adenuga
Girlfriend • Partner: N/A
Children: Paddy Adenuga, Bella Disu, Eniola Adenuga, Adetutu Oyindamola Emilia, Michael Babajide Adenuga, Abimbola Adenuga, Sade Adenuga, Adeniyi Adenuga, Folashade Adenuga
Occupation: Businessman
Net Worth: US$6.8 billion

Mike Adenuga Early Life

Mike Adenuga was born in the city of Ibadan, Oyo state, Nigeria, on April 29th, 1953. He is of Yoruba ancestry. He has two siblings whose names are Demola and Otunba Adenuga and disputing the contrast, they are not related to Wale Adenuga as there is no public verification to back up that claim.

Mike Adenuga’s father, Oloye Michael Agbolade Adenuga Sr, served as a school teacher and his mother, Omoba Juliana Oyindamola Adenuga was a businesswoman of royal Ijebu descent.

The Nigerian billionaire made his fortune in the oil business and telecommunications. His company, Globacom is a major competitor to MTN and has over 52 million subscribers. It also has a presence in Benin, Ivory Coast, and Ghana.

Mike Adenuga owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly Consolidated Oil Company).

Mike Adenuga Education

Mike Adenuga traveling out of the country for his university education, Mike Adenuga has his secondary school education at Ibadan Grammar School, Ibadan, Oyo State, Nigeria, and Comprehensive High School, Aiyetoro, for his higher school Certificate (HSC).

He then traveled to the US to have his degree in Business Administration from Northwestern Oklahoma State University and Pace University, New York. To fund his university degree, Mike Adenuga had to work as a taxi driver.

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Mike Adenuga

Mike Adenuga Career

Mike Adenuga made his first million in 1979 at the age of 26, selling lace and distributing soft drinks. In the year 1990, he was handed a drilling license.

In 1991, Consolidated Oil struck oil in the shallow waters of Southwestern Ondo State, becoming the first Indigenous oil company to do so in commercial quantity.

Also, he was issued a conditional GSM license in 1999, though it was revoked. Nevertheless, he received a second one when the government held another auction in 2003.

He immediately launched a telecom company called Globacom, and operation spread quickly and started challenging telecom giant and biggest rival MTN Group in the communication industry.

Mike Adenuga’s company, Globacom launched its services in the Benin Republic in 2008 and has continued its spread across Ghana and Cote d’Ivoire with more licenses currently being prospected in other West African countries.

His hard work did not go unnoticed as he was named African Entrepreneur of the Year at the first African Telecoms Awards (ATA) in August 2007. In 2015, he made a sensational takeover bid to purchase an Ivorian mobile telecom operator Comium Cote d Ivoire for $600 million.

Mike Adenuga Award and Recognition

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

He holds a Yoruba tribal chieftaincy as the Otunba Apesin of the Ijebu clan.

In 2018, he was decorated with the insignia of a Commander of the Legion of Honour by President Emmanuel Macron of France.

Adenuga was cited as one of the Top 100 most influential Africans by New African magazine in 2019

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Mike Adenuga Personal Life and Family

Mike Adenuga has two wives, Adefolake Emllia Adenuga and Titi Joyce Adenuga with seven children ( 5 girls and two boys). His sons are Michael Babajide AdenugaEniola Adenuga, and Paddy Adenuga, whereas his daughters are Abimbola AdenugaAdetutu Oyindamola Emilia, and Bella Disu.

His children are children are Paddy AdenugaBella Disu, Eniola AdenugaAdetutu Oyindamola EmiliaMichael Babajide AdenugaAbimbola AdenugaSade AdenugaAdeniyi Adenuga, and Folashade Adenuga.

Mike Adenuga Social Media

Business mogul and owner of the telecom giant Globalcom Mike Adenuga has an active Instagram account @mikeadenuga26.

However, his Facebook and Twitter accounts are verified.

Mike Adenuga Net Worth

Mike Adenuga has an estimated net worth of US$6.8 billion and still counting.

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