Mike Adenuga Biography, Age, Early Life, Family, Net Worth And More

Mike Adenuga Biography
Mike Adenuga is a Nigerian business tycoon and founder of Nigeria's second-largest telecom operator, Globacom with operations in Ghana and Benin.
He also owns stakes in the oil exploration firm Conoil (formerly Consolidated Oil Company) and Equitorial Trust Bank. Mike Adenuga is currently the second-richest person in Africa.
We'd be seeing Mike Adenuga's biography, date of birth, age, early life, family, parents, wife, children, education, businesses, career, net worth, houses, cars, social media handles and everything else you'd love to know about him.
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Mike Adenuga Profile

Before we continue, here's a quick run down on Mike Adenuga's biography and a few things you'd love to know about him:
Full name: Chief Michael Adeniyi Agbolade Ishola Adenuga Jr, GCON
Date of birth: 29th April, 1953
Age: 67 years
Parents: Oloye Michael Agbolade Adenuga Sr, Omoba Juliana Oyindamola Adenuga
Nationality: Nigeria
State of origin: Oogun State
Spouse(s): Titi Joyce Adenuga
Occupation: Entrepreneur
Net worth: 5.8 billion

Mike Adenuga Biography, Date Of Birth, Early Life, Family And Education

Mike Adenuga was born on the 9th of April, 1953 in Ibadan, Oyo State, Nigeria. His father, Oloye Michael Agbolade Adenuga Sr, was a school teacher while his mother, Omoba Juliana Oyindamola Adenuga, a businesswoman of royal Ijebu descent.

Mike Adenuga had his secondary education at the Ibadan Grammar School, Ibadan, and Comprehensive High School, Aiyetoro, for his Higher School Certificate (HSC). While in higher institution, he worked as a taxi driver to help fund his university education at Northwestern Oklahoma State University. He eventually moved on to the Pace university in New York where he obtained a degree in Business Administration.


Mike Adenuga's first big step as an entrepreneur was in 1979 when he took control of his mother’s sawmill business and started distributing Coco Cola and lace. This was shortly after his return to Nigeria on completion of his university education.

He received a drilling license in 1990 and in a year later, his Consolidated Oil became the first indigenous oil company to strike oil in commercial quantity after striking oil in the shallow waters of Southwestern Ondo State.

Adenuga was issued a conditional GSM licence in 1999; after it was revoked he received a second one when the government held another auction in 2003. His company, Globacom became a houshold name and started challenging the South African multinational mobile telecommunications company, MTN.

In 2008, Globacom launched services in Benin Republic and further expanded to Ghana and Côte d'Ivoire, with more licences currently being prospected in other West African countries.

Personal Life

Mike Adenuga is married to Titi Joyce Adenuga and they have 7 children including; Eniola Adenuga, Paddy Adenuga, Adetutu Oyindamola Emilia, Abimbola Adenugaa, Michael Babajide Adenuga and Bella Disu.
Please Note: Mike Adenuga's ex wife, Folake Adenuga is the mother to Jide, Oyin, Paddy, Bella and Eniola.


• Mike Adenuga holds a Yoruba tribal chieftaincy as the Otunba Apesin of the Ijebu clan
• In 2012, he was made Grand Commander of the Order of the Niger by the government of Nigeria
• In 2018, he was decorated with the insignia of a Commander of the Legion of Honour by President Emmanuel Macron of France

Mike Adenuga Net Worth

Mike Adenuga is the second-richest African (2020) with an estimated net worth of 5.8 billion USD. He controls a large business empire in the African continent and has investments in several sectors including telecommunication, banking sector, real estate and the oil and gas sector.

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Before you leave, also check out the biography and net worth of Africa's richest man, Alhaji Aliko Dangote.
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