Mike Adenuga is one of the brightest stars in Africa—a remarkable man who has proven his excellence in different industries. Today, the 71-year-old Nigerian billionaire celebrates his birthday as a symbol of his continued impact and creativity.
One of the few Nigerians on this year’s Forbes World Billionaires list is Mike Adenuga. He is currently the second wealthiest man in Nigeria, having made his mark in the banking, real estate, oil and gas, telecommunications, and aviation industries. Adenuga epitomises a self-made man.
Born on April 29, 1953, in Ibadan, Nigeria, to Oloye Michael Agbolade Adenuga Snr. and Omoba Juliana Oyindamola Adenuga, Mike Adenuga’s journey began in humble surroundings, with his father a schoolteacher and his mother a businesswoman.
His educational journey began at Ibadan Grammar School, and he then earned his higher school certificate from Comprehensive High School Aiyetoro.
Despite his modest beginnings, Adenuga’s determination propelled him forward. He worked tirelessly as a taxi driver to fund his university education.
He graduated from Northwestern Oklahoma State University and Pace University with degrees in Business Administration before pursuing an MBA at Pace University in New York.
Adenuga attributes much of his success to his mother’s influence, acknowledging her role in shaping his formidable work ethic.
Despite his modest beginnings, Adenuga’s determination propelled him forward. He worked tirelessly as a taxi driver to fund his university education.
He graduated from Northwestern Oklahoma State University and Pace University with degrees in Business Administration before pursuing an MBA at Pace University in New York.
Adenuga attributes much of his success to his mother’s influence, acknowledging her role in shaping his formidable work ethic.
At 26, his relentless drive struck gold. His diverse business ventures culminated in his first million dollars, a stepping stone to his grand ambitions.
His business acumen is undeniable, as reflected in his estimated net worth of $6.7bn by Forbes. But Adenuga’s legacy extends beyond wealth. He is a true inspiration, demonstrating the power of hard work, vision, and an unwavering entrepreneurial spirit.
His diverse portfolio spans telecommunications (Globacom), oil exploration (Conoil Plc), banking (Sterling Bank), real estate (Cobble-Stone Properties), and construction (Julius Berger). Adenuga is a true “Jack of all trades” and a “master of all”.
In Adenuga’s words, “How much money can one individual or his family enjoy? You must spread it and touch lives; that is what brings true happiness and joy. What’s the point if your friend is wealthy and it doesn’t show in his friends?”
