What is Mike Adenuga's Net Worth?
Mike Adenuga is a Nigerian billionaire who has a net worth of $6 billion. That makes him the second richest black person on the planet behind Nigerian oil magnate Aliko Dangote. 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.
REUTERS/Afolabi Sotunde/Alamy
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 made his first fortune at the age of 26 as a distributor of lace and other materials. When it comes to Mike's private life, he is married with seven children.
