Mike Adenuga

Famously known for being the founder of Nigeria’s second-largest telecom operator, Globacom, Mike Adenuga is a Nigerian billionaire business person and the third richest man in Africa. His company Globacom has reached Nigeria, Ghana, and Benin. He also has shares in the Equatorial Trust Bank and the oil company by the name of Conoil.

Other than being a well-known successful businessman, Mike Adenuga also holds a position in his native Yoruba tribe as the OtumbaApesin of the Ijebu clan.

Well, how well do you know about Mike Adenuga? If not much, we have compiled all you need to know about Mike Adenuga’s net worth in 2021, his age, height, weight, wife, kids, biography and complete details about his life. Well, if you’re all set, here is what we know about Mike Adenuga to date.

Biography and Early Life

Mike Adenuga was born on April 29, 1953. His birthplace is Ibadan, Oyo State in Nigeria. Mike was born to Oloye Michael Ogbolade Adenuga Sr who was a school teacher and his mother was Omoba Juliana Oyindamola Adenuga who was a businesswoman.

Mike’s mother had her sawmill. Mike has two siblings namely Demola Adenuga and Otumba Adenuga, although not much information is known about them. In 1993, Mike’s father died in a grisly car accident, and years later in 2005, Mike did a reburial for their father and he buried him in one of the most expensive coffins.

Age, Height, Weight & Body Measurement

So, how old is Mike Adenuga in 2021 and what is his height and weight? Well, Mike Adenuga’s age is 68 years old as of today’s date 2nd August 2021 having been born on 29 April 1953. Though, he is 5′ 8″ in feet and inches and 176 cm in Centimetres tall, he weighs about 176 lbs in Pound and 80 kg in Kilograms.

Education

Mike was introduced to education after attending the Ibadan Grammar School for his secondary education. He later graduated and joined the Comprehensive High School Aiyetoro for his higher school certificate. Later on, he joined the North Western Oklahoma State University where he graduated with a degree in Business Administration. He also has an MBA from Pace University in New York.

Personal Life: Dating, Girlfriends, Wife, Kids

Mike Adenuga is polygamous by nature and he is married to two wives so far. His first wife is Adefolake Emilia Adenuga. In their union, they bore five children together, namely Oyindamola, Jide, Paddy, Bella, and Eniola. Later on, he married a second wife Titi Joyce Adenuga, the daughter of Pa. Elijah and Madam Susan Okome, of the Itsekiri tribe. Their union brought forth Adetutu, Oyindamola Emilia, Eniolaa, Folashade Adeniyi, Prince Michael, Tunde, and Ambiola.

Is Mike Adenuga Gay?

Mike Adenuga is straight as far as sexual orientations are concerned. He is happily married to his two wives with whom he has sired 12 children. There are no rumors of ever breaking the union.

Professional Career

Unlike most of the billionaires, Mike made his first million at the tender age of 26 selling lace and soft drinks. While at the university he used to hustle by driving a taxi to be able to afford to pay for his tuition. In 1990, he was among the beneficiaries of the new policy by Professor Jibril Aminu who was the then oil minister.

The policy saw him receive a drilling license for his Consolidated Oil Company in Ondo State. Being an entrepreneur, he then again saw an opportunity in telecommunication and received a GSM license from the Nigerian Government in 1999.

He founded Globacom and since then his company had spread its roots not only in Nigeria but also in Ghana and Benin. However, not every cloud has a silver lining and true to that adage, Mike Adenuga has been through many challenges. In 2009 he was detained by the Economic and Financial Crimes Commission for money laundering. He was exiled to London until he was given a pardon by the Umaru Musa yar’Adua regime.

2015 saw him acquire Comium, an Ivorian telecoms operator for a whopping $ 600million. In 2016, it was discovered that his company Conoil had accrued a debt of $140.5 million and was being pursued by French oil company Total.

Awards

Mike is a very well-decorated entrepreneur. Among his many achievements, he was named the African Entrepreneur of the Year in 2007 at the first African Telecommunications Award. He has also been named the Pillar of football in Africa for his strong support in African football. In 2012, he was awarded the Grand Commander of the Order of the Niger Award. He was also given the Special Golden Jubilee Independence Anniversary Award.

Net Worth, Salary & Earnings of Michael Adenuga in 2021

As of 2021, Mike has a net worth of about $6 billion, earning him the title of Nigeria’s second richest man after Aliko Dangote and also Africa’s third-richest man. This is not surprising at all since he started earning millions at the tender age of 26. His company Globacom is Nigeria’s second-largest telecommunications company. His company also has branches in Ghana, Benin, and most recently Ivory Coast.

Some Interesting Facts You Need to Know

• He is so rich he bought his tomb.
• He is a philanthropist and does his philanthropic gestures through the Mike Adenuga Foundation.
• He owns a mansion in Banana estate named the Gold Diggers Den.

Mike Adenuga is a true example of determination and hard work. Raised from humble beginnings, he made sure to become a force to reckon with in the telecommunications and oil industries. Despite passing through many a challenge, he has succeeded in becoming the second richest man in Nigeria and the third in Africa. He is also a true example of an African man and their culture. This is evident in his marriage life where he has two wives and a total of 12 children.