Mike Adenuga Net Worth

Mike Adenuga has a net worth of $50 Million. He has a great business reputation and has served as the governor of Ogun State, Nigeria for the last two terms.


Mike Adenuga is a Nigerian businessman and former president of the World Sports Group, and a former vice-president of Bayerische Hypo-und Vereinsbank. He is the founder, chairman and chief executive of the Red Bull energy drink company.

He has also been dubbed the “King of Telecom in Ghana”, as he makes the most of the country’s telecom infrastructure. He is also an investor in real estate, and owns a stake in the Equitorial Trust Bank, one of the country’s largest financial institutions.

Mike Adenuga has a wealth of $6 billion according to Forbes.

Early Life 

He is the son of the late Michael Adeniyi Agbolade, an award-winning economist and renowned scholar of African studies.

The young boy was an avid reader of a popular Nigerian newspaper, The Guardian.

Adenuga attended the University of Ibadan, and the University of Cambridge, and obtained degrees in Business Administration and European Public Law. He also attended the University of Paris-Sud in France and obtained a Master of Arts degree in French.


In 1991, he sold his interest in the company to the Nigerian national oil company, NNPC.

In 1992, Adenuga served as a presidential candidate for the All Nigeria People’s Party (ANPP), receiving an impressive third place vote in the presidential election.

In 2005, he took over a failed subsidiary, GSM Botswana and with his team of entrepreneurs succeeded in reviving the company.

African Union’s African Network for Mobile Connectivity (ANEMO) has been involved in promoting mobile connectivity across the continent and is supporting African governments as they seek to expand connectivity. The ANEMO has been supporting the African Union’s Connect Africa Program, which seeks to make Africa’s digital divide a thing of the past. Since 2008, it has been working with African governments and the telecom industry to roll-out mobile networks across Africa.

Adenuga was named the third person to receive Nigeria’s PEPFAR grant; a $40 million grant administered by US President Barack Obama to support health and human development programs in the developing world.

Mike Adenuga grew up in the Omei Hills and his father served in the Armed Forces of the Nigerian Civil war.

Mike Adenuga is worth 6,000,000,000,000 Naira.


The best highlights of Mike Adenuga’s career is his many achievements.

Favorite Quotes From Mike Adenuga

“The more you try, the more successful you are”.

1 Strong Lessons From Mike Adenuga 

Success comes from hard work. Mike Adenuga started from the bottom and never gave up,
It is always best to keep things in perspective. Mike Adenuga knows that he cannot control everything. He has to live in the present and let whatever will happen happens.

1. Grow Stronger Than Before

The change made will change your life for the good. It will help you improve and you will learn new things. The ability to take a stand and accept the consequences is a sign of a strong person. You were the kind of person to learn from the consequences. Even in the worst of times, you were able to look forward as opposed to dwelling on the past.


*Mike Adenuga was a Nigerian businessman, born in Abeokuta, Ogun state, Nigeria.

Globacom, owned by South Africa’s MTN Group, has acquired licenses to operate in Ghana, Benin, Ghana, Ivory Coast, and Mali.

Mike Adenuga grew up in the Omei Hills and his father served in the Armed Forces of the Nigerian Civil war.

Mike Adenuga is worth 6,000,000,000,000 Naira.

Similar Posts:

Leave a Comment