stmHow much is Olusegun Obasanjo worth? What is Olusegun Obasanjo’s net worth?
These are questions many people are curious about, and we will try to answer them in this article.
Olusegun Obasanjo Background
Olusegun Obasanjo was born on March 5, 1937, in Abeokuta, Ogun State, Nigeria. He is a Nigerian politician who served as the country’s president from May 29, 1999, to May 29, 2007. He is also a retired general in the Nigerian Army.
Obasanjo was educated at the United States Army War College in Carlisle, Pennsylvania. He also has a degree from the University of Ibadan in Nigeria.
Obasanjo has held several important positions in the Nigerian government, including head of state, minister of defense and petroleum resources, and President.
Olusegun Obasanjo Professional Career
Obasanjo has had an illustrious professional career. He has been a military officer, a politician, and a diplomat. He has also written books on various topics.
Obasanjo served as the military head of the state of Nigeria from 1976 to 1979. From 1999 to 2007, he was the democratically elected President of Nigeria. He also served as the Chairman of the African Union from 2007 to 2008.
Olusegun Obasanjo Net Worth
As of 2023, Olusegun Obasanjo’s net worth is estimated to be $4 billion. This is a result of many years of public service, as well as his work in the private sector.
Obasanjo has been involved in a wide variety of businesses, and he has also served as an ambassador for a number of countries.
Sources of Olusegun Obasanjo Net Worth
Olusegun Obasanjo has accumulated this wealth from his military service, political career, and various business ventures.
Obasanjo started his career in the military and served as Nigeria’s Head of State from 1977 to 1979. After leaving the military, he became a well-respected statesman and politician with an unrivaled reputation on the world stage.
As a result of his numerous international involvements, Obasanjo has also picked up various honorary titles such as Grand Commander of the Order of the Federal Republic (GCFR), Commander of the Niger (CFR), and Commander of the Order of Merit (COM) among others.
Outside politics, Obasanjo has entered various business ventures in the real estate sector as well as in security businesses. He’s also involved in charity activities and is one of Nigeria’s foremost philanthropists.
Together with his many investments, these have all contributed to boosting Olusegun Obasanjo’s net worth to its current level.
Assets Owned by Olusegun Obasanjo
Diving into the assets owned by Olusegun Obasanjo, you’ll come to see just why his net worth is estimated at over $4 billion. He owns over a dozen oil tankers and has shares in numerous oil blocks and refineries.
Obasanjo is also the owner of a 250-acre cacao plantation located in Abeokuta, Nigeria, which reportedly produces up to 500 tons of high-grade cocoa beans annually. On top of this, he has stakes in several construction companies, as well as financial investments across the African continent.
On the charitable side of things, Obasanjo is an active philanthropist who established the Olusegun Obasanjo Foundation (OOPF) in 2005.
OOPF works to improve lives across Africa through education and healthcare projects, providing scholarships to more than 90 young Africans each year.
Conclusion
Although the former president has faced some criticism in recent years, Olusegun Obasanjo is still considered one of Africa’s most successful leaders. With a net worth estimated at over $4 billion, Obasanjo is sure to continue making waves in the world of politics and business for years to come.
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