Mike Adenuga Net Worth 2021, Biography, Cars And Houses

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Nigerian billionaire businessman and CEO of Globacom Mike Adenuga net worth, biography, companies, phone number and so many more.

Anyone familiar with Globacom (simply called Glo),
must have heard the name Mike Adenuga. Mike
Adenuga is 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. In
fact, due to his net worth, Mike Adenuga rides the best
cars, lives in a luxurious home and can afford any
good thing in life. Forbes has estimated his net worth
at $6.5 billion as of 2021, this made him the second
richest person in Nigeria after Dangote. There are
many exciting things to know about this iconic man.

Mike Adenuga Net Worth 2021, Biography, Cars And
Houses
Details below:

Name – Mike Adenuga
Full Name – Michael Adeniyi Agbolade
Ishola Adenuga Jr
Age – 68 years old (2021)
Date of
birth
– 29 April 1953
Occupation: Telecom, oil, Self Made
Wives – Adefolake Emilia Adenuga and
Titi Joyce Adenuga
Status – Married
Net Worth: $6.5 billion

Mike Adenuga Biography

The Nigerian billionaire, Mike Adenuga, was born to
the Oloye Michael Agbolade Adenuga Sr, who was a
school teacher while his mother, Omoba Juliana
Oyindamola Adenuga (née Onashile, of Okesopin, Ijebu
Igbo), was a businesswoman of royal Ijebu descent. He
was born on the 29th of April, 1953, which makes
Nigeria’s second richest man just 68 years old.

Mike Adenuga made his fortune in the oil business and
telecommunications. His company, Globacom is a
major competitor to MTN and has over 52 million
subscribers. Globacom also has a presence in Benin,
Ivory Coast and Ghana. He owns stakes in the
Equitorial Trust Bank and the oil exploration firm
Conoil (formerly Consolidated Oil Company).

Mike Adenuga Education

Before travelling out of the country for his university
education, Mike Adenuga had 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 travelled 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.

Mike Adenuga Career

Mike Adenuga had to do different kinds of jobs before
his big breakthrough in the oil industry and
telecommunications. At age 26, He made his first
million in 1979, selling lace and distributing soft drinks.
In 1990, he started his journey in the oil business when
he received a drilling license. In 1991, his Consolidated
Oil struck oil in the shallow waters of Southwestern
Ondo State, the first indigenous oil company to do so
in commercial quantities.
In 1991, he received a conditional GSM licence which
was revoked but later reissued in 2003 to kickstart his
telecommunications company- Globacom. Globacom
has now become a giant corporation spreading to
other countries like Cote d’Ivoire, Ghana, Benin etc.

Mike Adenuga Awards And Recognitions

A man of such Calibre and influence can’t go without
honour. Mike Adenuga has prestigious titles and
honours to his name;
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
Mike Adenuga Wife

The suave business has two wives, Adefolake Emilia
Adenuga and Titi Joyce Adenuga, with 7 children in
total. His daughters are Adetutu, Abimbola, Folashade,
Eniola, and Bella. Mike Adenuga’s sons, Prince
Micheal, and his brother, Tunde, are both very proud
sons.

Mike Adenuga Net Worth
Mike Adenuga is currently the second richest man in
Nigeria with an estimated net worth of $6.5 billion.
Mike Adenuga Houses
Mike Adenuga Houses
Mike Adenuga’s residential house in Nigeria is more
than just a house, it’s a palatial mansion sitting on a
large expanse of land, roughly 3 hectares. His
residence is located in Banana Island, Lagos is said to
be called a Gold digger’s den and is worth over 1
billion NGN.

Mike Adenuga Houses

The house reported to have been built by Julius Berger
and Cappa & D’Alberto, comprises of 8 duplexes and
an additional one for his personal residence with home
office (the gold one), two watchtowers, a mosque, a
church and a multipurpose hall that sits 200 people.
It also has an indoor swimming pool, car park, helipad,
and yacht deck.

Mike Adenuga Cars
It’s unimaginable to consider a man with a net worth
of $6.5 billion not to drive the best and luxurious cars.
Mike Adenuga has expensive, exotic cars adorning his
garage.

Armored Bentley Mulsanne

Mike Adenuga Armored Bentley Mulsanne
The specs of the armoured Bentley Mulsanne is just
the perfect fit for a wealthy billionaire. The specs
include;
A sedan with 4-5 seats
2 trims are available (with 3 configurations)
505-hp, 6.8-liter V-8
Airline-style reclining seat
Top-notch infotainment system
State-of-the-art cabin
Mercedes Maybach S-Class
Mike Adenuga Mercedes Maybach S-Class
This four-door sedan is one of the best models of the
Mercedes Benz series. This bespoke vehicle is
powered by a 4.0-liter V-8 engine generating a 463-hp.
The passenger seats can accommodate about 4-5
people. The starting price of the Maybach is 72.1
million.

Mercedes Benz Amg C63

Mike Adenuga Net Worth 2021, Biography, Cars And Houses

Mike Adenuga Mercedes Benz Amg C63
The luxury AMG C63 is the befitting car for Mike
Adenuga on official assignments within Nigeria. You
can get the Mercedes Benz AMG either as a coupe,
sedan, and convertible. This car features a SiriusXM
satellite radio that comes with a six-month trial,
Android Auto, Apple CarPlay, Bluetooth audio
streaming.

Rolls Royce Phantom

Mike Adenuga Rolls Royce Phantom
The Rolls Royce brand is a statement of wealth and
royalty. The exterior and interior of his Rolls Royce
Phantom are made from high quality materials. It
costs over ₦150 million for Mike Adenuga to bring this
one home. A silky 563-hp twin-turbo V-12 coupled with
an eight-speed automatic and rear-wheel drive delivers
massive power to the Phantom
N/
O
Cars 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 Private Jet

Mike Adenuga Net Worth 2021, Biography, Cars And Houses

Mike Adenuga is one of the few who own, not just
one, but two private jets. The business tycoon uses
these jets for his global itinerary. They include a
Bombardier Global 5000 (worth ₦16.6 billion), and a
Dassault Falcon 7x worth ₦19.6 billion.

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