Olusegun Obasanjo net worth before we continue with his net worth, let us take a look at his biography first. Obasanjo is a former Nigerian president who served Nigeria under military regime from 1976 to 1979 and also as a civilian head of state from 1999 to 2007. He was born on 5 March 1937, in Ogun state and joined the Nigerian army in 1958. Obasanjo married four wives, divorced his first wife Esther Oluremi and lost three of his wives to death Lynda, Stella Abebe and Mojisola Adekunle.
Olusegun Obasanjo was made commander of 2 Area Command from July 1967. On 13th of February 1976 he narrowly escaped an assassination attempt that killed Nigeria’s military ruler, Murtala Mohammed. During his tenure as Nigerian president from 1999-2007, he served as chairperson of the African Union from 2004-2006.
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Olusegun Obasanjo Achievements
*After he stepped down in 2007 he was appointed special envoy on the Great Lakes region by UN Secretary-General Ban Ki-moon in 2008.
*Selecting Charles Soludo as Governor of the Central Bank paved the way for consolidation in the country’s banking sector.
*He created the country’s first Economic and Financial Crimes Commission.
*As the Special Envoy for ECOWAS, his role in diffusing the crisis that threatened civil war in Cote D’Ivoire 2011 was vital.
*Obasanjo won international praise for Nigeria’s role in crucial regional peacekeeping missions in Sierra Leone and Liberia.
*He is Founder of the Olusegun Obasanjo Foundation, a UK based charity that has a mission of advancing Human Security for All.
*During his tenure Nigeria’s foreign reserves rose from $2 billion in 1999 to $43 billion on leaving office in 2007.
Olusegun Obasanjo Net Worth And Business
Olusegun Obasanjo farm located in Ota Ogun, state rakes in millions of naira everyday at least 37-40 million naira everyday. Obasanjo military regimes benefited from oil revenues that increased 350 percent between 1973 and 1974.
Olusegun Obasanjo net worth is estimated to be 32billion dollars, he benefited from Nigeria wealth as military and civilian head of state making him one of the richest people in Nigeria.
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Dr(engr)Matthew says
This is Dr(engr)Matthew Izeh I let u know that that is not the total estimate of obasanjo
GEORGE M ANDERSON says
Even if this figure is an estimate of Obasanjo’s wealth, he should have been mentioned in the Fortune magazine. Please give us responsible facts and figures. Figures above is outrageous. Thanks