WHO IS RICHER BETWEEN PETER OBI AND TINUBU? See Facts
Peter Obi and Bola Tinubu are undoubtfully the most powerful politicians in Nigeria as of 2022, they are the front-runners in the quest to become Nigeria’s number one citizen ( President ). Tinubu, a former governor of Lagos State, had emerged as the APC’s presidential contender for 2023. Peter Obi was chosen to represent the Labor Party in the upcoming presidential election after Tinubu’s emergence into the spotlight. Given that they are competing for the country‘s top job, it might be argued that the two are now in the same class.
Who is richer? Peter Obi or Tinubu
However, given that Obi and Tinubu are the two leading contenders in the approaching election, many are in the quest to know about who is wealthier. How do we respond to the persistent question of who is richer between Peter Obi and Tinubu? We will do this by looking at each person’s biographical information, Netwoth, and political influence.
PETER OBI’S PROFILE AND NET WORTH
Peter Obi, a former governor and prominent businessman in Nigeria, was born on the 19th day of July 1961 at Onitsha, Anambra State. He is well known not only in his native Nigeria but internationally. Despite his fortune, he always reiterates how much he likes living a simple life rather than flaunting affluence, adding that he prefers to board commercial aircraft and fly economy.
HOW MUCH MONEY DOES PETER OBI HAVE?
According to Forbes and Business Insider, Peter Obi’s net worth is believed to be $10 million. Peter Obi was a powerhouse in business before making his political debut. He had prominent positions in a number of private businesses there. He served as chairman of the Securities and Exchange Commission, Next International Nigeria Ltd, Guardian Express Mortgage Bank Ltd, Guardian Express Bank Plc, Future View Securities Ltd, Paymaster Nigeria Ltd, Chams Nigeria Ltd, Data Corp Ltd Card Centre Ltd, and Fidelity Bank Plc, among other organizations.
Peter Obi has multiple investments and has achieved a lot in business and politics, which have greatly contributed to his staggering net worth. Currently, Peter Obi’s net worth is $10 million.
Peter Obi has numerous mansions and manors across Nigeria and the United Kingdom. According to the Pandora Papers, he has secretly invested a large sum of money in the U.S. Virgin Islands.
Peter Obi companies
Peter Obi’s family owns a supermarket chain that operates in Lagos, Anambra, and Abuja, which is one of his many ventures in the retail sector. He has investments in a variety of financial services firms, such as banks and stock brokerages, among others.
Peter Obi was also able to establish a successful and well-respected career in the business sector thanks to the intelligence and business acumen that he possesses.
He served in a variety of managerial and business capacities for a number of well-known organizations throughout his career.
Peter Obi served as Chairman of the Security and Exchange Commission (SEC) under the administration of former President Goodluck Ebele Jonathan (SEC).
He was a member of a number of prestigious organizations, such as the Nigerian Economic Summit Group (NESG), the Nigerian Chartered Institute of Bankers, and the British Institute of Directors (IOD)
Peter Obi also owns and operates a number of multinational franchises, including South African international breweries, Ovaltine, and Heinz products, among others. All these have contributed to the rapid increase in Peter Obi’s net worth.
Is Peter Obi the owner of Fidelity bank?
Before venturing into politics, Peter Obi held the position of Fidelity Bank’s youngest chairman. Although Peter Obi is a major stakeholder in Fidelity Bank, he is not the outright owner of the financial institution; that title belongs to investors of Ghanaian origin.
Over five million customers are served by Fidelity Bank’s 250 business locations and other digital banking channels, making it a fully functional commercial bank in Nigeria.
Peter Obi houses
Peter Obi’s house in London
Peter Obi’s houses
In addition to the lush house that he resides in, which is worth millions of naira and is located in Anambra, Peter Obi also has a residence in London.
According to the Pandora Papers, he has an undisclosed amount of money invested in properties in the United States Virgin Islands.
Peter Obi’s house in Anambra
Peter Obi’s cars
Though Peter Obi is not among the top 10 richest politicians in Nigeria, he has expensive cars, which include a Toyota Land Cruiser, a Mercedes-AMG C63, and a Lexus LX 570. Also, when he was governor of Anambra State, he was known to be transported around in a Mercedes G Wagon.
Peter Obi’s political career
Peter Obi served as governor of Anambra State from March 17, 2006, to November of the same year, when he was impeached by the Anambra state assembly, led by Mr. Mike Balonwu, for gross misconduct on November 2, 2006.
Chief Humphrey Nsofor was the majority leader at the time in the Anambra House of Assembly. Then-President Obasanjo stepped in to resolve the conflict.
To further his case with the legislators of Anambra, he sent the PDP National Chairman, Chief Ahmadu Ali, and Party Secretary, Chief Ojo Madueke, to the state capital of Awka. The Supreme Court heard his appeal of impeachment and restored him to office in February 2007.
According to Media TV, during Obi’s tenure as the governor of Anambra State, the state’s economy, schools, and hospitals all improved.
In 2019, he was picked as the vice presidential candidate in the presidential election, running alongside Atiku Abubakar, but lost to incumbent President Muhammadu Buhari and vice president Yemi Osinbajo.
In May 2022, Obi became the presidential candidate of the LP in the impending 2023 general elections after defecting from the People’s Democratic Party (PDP).
Peter Obi’s Awards
Peter Obi is a well-liked and esteemed personality who has received various accolades, including;
- Golden Jubilee Award from the Catholic Diocese of Onitsha in 2015 for outstanding commitment to quality healthcare delivery at St. Charles Borromeo Hospital in Anambra State on the occasion of the hospital’s Golden Jubilee celebration.
- The Voice Newspaper (Holland) Achievers Award in 2014 for Outstanding Example in Leadership and Governance.
- Still in 2014, he won another award from Champion Newspaper as the Most Outstanding Igbo Man of the Decade.
- Silver Bird Man of the Year (with Governor Babatunde Fashola of Lagos State) in 2013
- Business Hallmark Newspaper Man of the Year in 2012
- The Golden Award on Prudence in 2012 by the Methodist Church of Nigeria as the Most Financially Prudent Governor in Nigeria.
- Leadership and Good Governance Award in 2012 by The Ezeife Leadership Foundation Award for restoring peace and harmony to Anambra State.
- Best Performing Governor on Immunization in South-East Nigeria in 2012 by Bill & Melinda Gates Foundation.
- Outstanding Financial Planner and Manager still in 2012 by the Church of Nigeria, Anglican Communion for resourcefulness and creativity in governance.
- Zik Leadership Prize in 2011.
- ICT Governor of the Year in 2010 by the West Africa ICT Development.
- Champion Newspaper, Nigeria’s Most Trustworthy Governor Award in 2009.
- Thisday Newspaper, the Most Prudent Governor in Nigeria in 2009.
BOLA AHMED TINUBU PROFILE AND NETWORTH
Real name | Bola Ahmed Adekunle Tinubu |
Date of birth | 29 March 1952 |
Country of Origin | Federal Republic of Nigeria |
Nickname | Asiwaju |
Source of Wealth | Politician, Businessman |
Net worth | $4 Billion |
Tinubu’s Political Career
Fast forward to when he started gaining footing in the Nigerian government. Ahmed Tinubu became a member of the Social Democratic Party, SDP In 1992.
As a result of his devotion and passion for politics, he joined the people’s front fraction. Shehu Musa Yar’Adua was the leader of the faction.
He went into exile after the 1993 Nigeria coup d’etat which the defense minister, Sani Abacha, led on November 17.
Describing his exile journey, Tinubu had in an interview said; “I disguised with a huge turban and babanriga and escaped into Benin Republic on a motorbike. My old Hausa friend gave the clothes to me. In fact, when I appeared to Kudirat Abiola, she didn’t know that I was the one! I gave her some information and some briefing. I left at 1 a.m. While in Benin Republic, I was still coming to Badagry to ferry people, organise and coordinate the struggle with others on ground. We put a group together, ferrying NADECO people across. It was a very challenging time. I can’t forget people like Segun Maiyegun and other young guys in the struggle. I would come from Benin to hold meetings with them and sneak back.“
Coming back from exile in 1998, he soon gained the limelight and became the governor of Lagos state in May 1999. He’s known worldwide for creating 37 LGAs in the state. He reigned as a governor for eight good years!
What’s more? Because of his hatred for the PDP, he made several efforts to make sure the APC candidates won the 2015 elections. This makes him earn lots of respect from the northerners.
Bola Tinubu is the godfather of many prominent politicians in Lagos state and within southwestern, trending reports suggest that Bola Ahmed Tinubu, was quoted to have said President Muhammadu Buhari wouldn’t have been the president of the Federal Republic of Nigeria without his help.
Bola Ahmed Recognized as the second richest politician in Nigeria, he has an estimated net worth of about $4 Billion or even more. He is widely recognized as very rich owing to a statement he made during a political campaign, where he claimed he was richer than Osun State (at the time). As a result of his statement, a lot of Nigerians were made to believe that indeed he controlled major funds in the country.
HOW MUCH MONEY DOES TINUBU HAVE?
The estimated net worth of Ashiwaju Bola Ahmed Tinubu is $8.4 billion. In addition to his political career, Bola Tinubu is a successful businessman who owns numerous companies across the nation. The Lagos Oriental Hotel, TVC Television and Radio, Radio Continental, Ikeja Shopping Mall, Oando PLC, and numerous other companies are among those he is said to have owned.
The erstwhile governor of Lagos State owns property all throughout the country. His Bourdillon mansion in Ikoyi, which is worth an estimated N1.5 billion, is among the most costly homes in the country. In addition, Tinubu is the owner of a $60 million Bombardier Global Express XRS private plane and a collection of pricey vehicles, including a Range Rover, a G wagon, and a Mercedes.
CONCLUSION
WHO IS RICHER BETWEEN PETER OBI AND TINUBU?
With the above-provided information about PETER OBI AND TINUBU, the realities strongly suggest that Tinubu is wealthier than Peter Obi. Obi is thought to be worth $10 million, whilst Tinubu is thought to be around $8.4 billion. Additionally, Tinubu has maintained a prominent political career, classified among the best in the nation’s annals.
In addition to his career in politics, Bola Tinubu is a successful businessman who owns numerous companies across the nation. The Lagos Oriental Hotel, TVC Television and Radio, Radio Continental, Ikeja Shopping Mall, Oando PLC, and numerous other companies are among those he is said to have owned.