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Mike Adenuga Biography, Net worth : All You Should Know



Full Details of Mike Adenuga Net Worth and  Mike Adenuga Biography  

Nigeria’s second richest man, Michael Adeniyi Agbolade Ishola Adenuga Jr, made his fortune through telecommunications and oil production. He was born to a schoolt father and a businesswoman mother on April 29, 1953.

Mike Adenugas Biography/Wiki:

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Popular  Name: Mike Adenuga
Full Name: Michael Adeniyi Agbolade Ishola Adenuga Jr
Age: 68 years old (2021)
Date of birth: 29 April 1953
Profession: Telecom, oil, Self Made
Wives: Adefolake Emilia Adenuga and Titi Joyce Adenuga
Status: Married
Net Worth: $6.2 billion

Mike Adenuga's Biography

Mike Adenuga Biography:

Chief Michael Adeniyi Agbolade Ishola Adenuga Jr CSG GCON (born 29 April 1953) is a Nigerian businessman and the continent’s third wealthiest person.


Globacom is Nigeria’s second-largest telecommunications business, with operations in Ghana and Benin.

He is a shareholder in the Equitorial Trust Bank and the Conoil oil exploration company (formerly Consolidated Oil Company). As of May 2021, Forbes projected his net worth to be $6.2 billion.

Mike Adenugas Date of birth:

Mike Adenuga was born on April 29, 1953, in New York City. Nigeria’s second richest guy is only 68 years old.


You are reading Mike Adenuga Net Worth and  Mike Adenuga Biography

Mike Adenuga Parents, Father, Mother Name:

His father, Oloye Michael Agbolade Adenuga Sr, was a schoolteacher, and his mother, Omoba Juliana Oyindamola Adenuga (née Onashile, of Okesopin, Ijebu Igbo), was a royal Ijebu Igbo entrepreneur.

Mike Adenuga Education :

Adenuga completed his secondary school education at Ibadan Grammar School in Ibadan, Oyo State, Nigeria, and his Higher School Certificate at Comprehensive High School in Aiyetoro (HSC).

To help pay for his academic tuition, he worked as a cab driver.


He earned business administration degrees from Northwestern Oklahoma State University and Pace University in New York.

Mike Adenuga Net Worth and  Mike Adenuga Biography
Mike Adenuga Biography

Mike Adenuga Career:

At the age of 26, Adenuga made his first million selling lace and distributing soft beverages. He was granted a drilling licence in 1990, and his Consolidated Oil discovered oil in the shallow seas of Southwestern Ondo State in 1991, making it the first indigenous oil business to do so in commercial quantities.

In 1999, he was given a conditional GSM licence; after it was cancelled, he was given a new one in 2003 when the government held another auction. Globacom, his telecommunications company, grew swiftly and began to compete with the MTN Group. It began operations in Benin in 2008 and has since expanded to Ghana and Côte d’Ivoire, with more licences being sought in other West African nations.


We can’t witness you brainwashing youths, Adeyanju says to Obi Cubana.

In August 2007, he was voted African Entrepreneur of the Year at the inaugural African Telecoms Awards (ATA).

Adenuga made a $600 million buyout approach for Ivorian mobile telecom company Comium Côte d’Ivoire in May 2015.


Mike Adenuga and his family
Mike Adenuga and his family with the Ex-President Mahama of Ghana

Mike Adenuga Wife:

Mike Adenuga is married to two women, Adefolake Emilia Adenuga and Titi Joyce Adenuga,

Mike Adenuga Children

Mike Adenuga  has seven children in all.

Adetutu, Abimbola, Folashade, Eniola, and Bella are his daughters. Prince Micheal and his brother, Tunde, are both very proud sons of Mike Adenuga.

Mike Adenuga House - Mike Adenuga Net Worth and  Mike Adenuga Biography
Adenuga citadel, located on 3 massive hectares. Mike Adenuga Net Worth and  Mike Adenuga Biography

 Mike Adenuga House:

You’d think that with his wealth, his home would be a haven, and it certainly is. His residence at Banana Island, dubbed Gold Digger’s Den (since the house is more than just a mansion), is said to be worth over N1 billion.

Julius Berger and Cappa & D’Alberto are claimed to have handled the vast estate, which includes 8 duplexes and an additional one for his own apartment with home office (the gold one), two watchtowers, a mosque, a church, and a multipurpose hall that seats 200 people.

It also contains an indoor pool, a car park, a helipad, and a yacht deck, and it covers approximately 3 hectares.

Mike Adenuga's Awards , Mike Adenuga Net Worth and  Mike Adenuga Biography
Goodluck Jonathan, presenting the GCON Merit Award to Chief Mike Adenuga at the 2012 National Honours Award
Mike Adenuga Net Worth and  Mike Adenuga Biography

List of Mike Adenuga Awards and Recognition:

  • The Nigerian government named him Grand Commander of the Order of the Niger in 2012. 
  • As the Otunba Apesin of the Ijebu clan, he has a Yoruba tribal chieftaincy. 
  • President Emmanuel Macron of France awarded him the insignia of a Commander of the Legion of Honour in 2018. 
  • In 2019, New African magazine named Adenuga one of the Top 100 most influential Africans.

Mike Adenuga Car:

Mike Adenuga’s cars
 N/O Car Starting Price
 1  Armored Bentley Mulsanne ₦110.5 million
 2  Mercedes-Maybach S-Class ₦72.1 million
 3  Mercedes Benz AMG C63 ₦24.3 million
 4  Rolls-Royce Phantom ₦151.6 million
Mike Adenuga's Private Jet
The billionaire entrepreneur also owns 2 formidable private jets for global trips on business and pleasure.
Mike Adenuga Net Worth and  Mike Adenuga Biography

See Mike Adenuga private jet

What about Mike Adenuga’s personal aircraft? To digress a little, the millionaire also travels the world on one of his own jets. A Bombardier Global 5000 (valued $16.6 billion) and a Dassault Falcon 7x are among them. This is valued at $19.6 billion.

What is Mike Adenuga Net Worth?

According to Forbes, Mike Adenuga’s net worth has increased dramatically from $5.3 billion in 2012 to 6.2 billion in 2021. His telecommunications and oil bloc businesses account for the majority of his fortune.

Thanks for reading Full Details of Mike Adenuga Net Worth and  Mike Adenuga Biography. Also Read Obi Cubana And Cubana Chief Priest Who Is Richer ? ( Full Analysis )


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