Peter Obi Net Worth and Biography

What is Peter Obi Net Worth? According to this website Peter Obi net worth is estimated at around $230 thousand Us Dollars (Over 96 billion in Naira) Peter  Obi is among the Nigerian prominent and Richest Politician.

However in this article we are reviewing Peter Obi Bio, Wikipedia, Parents, Father, Children, Endorsement deals, State Of Origin, Height, Net Worth, House and Cars, Phone Number, Contact, Marriage, Wife/Spouse , Education career, Social Media Account, Controversies, Political Parties.

Peter Obi Net Worth

Let dive Peter Obi net worth

Net worth $230,000
Source Politics & Business

Introduction

Peter Obi CON is a Nigerian politician and businessman, who was the vice presidential candidate in the 2019 Nigerian general election under the People’s Democratic Party (PDP).

However, He is a presidential aspirant Labour Party nominee of the 2023 Nigerian general election.

He was known to be the Former Governor of Anambra State, The former governor has advanced in both business and politics, amassed a reputation and wealth for himself, and his wealth provides him with nothing less than a pleasant life.

Peter Obi is not only a wealthy politician but also a successful businessman. He spent some time in the corporate world before venturing into politics.

Peter Obi Biography and Net Worth

Peter Gregory Obi which was his full name was born on 19th July 1961, Into a noble family in Onitsha, Anambra state. He was fondly called “OKWUTE” meaning “ROCK” by loved ones.

Peter Obi had his early education in Onitsha, Anambra state. He had his secondary school education at Christ the King College, Onitsha. For his higher education studies, Peter Obi attended the prestigious University of Nigeria, Nsukka, where he bagged a degree in Philosophy in 1984.

However, Peter Obi has a large quest for knowledge and academics. This made Peter Obi to travel outside Nigeria to top global schools for further studies.

He is an alumnus of Harvard Business School, Boston, USA; London School of Economics where he studied Financial Management/Business Policy; Columbia Business School, New York, the USA where he studied Marketing Management; Institute for Management and Development, Switzerland where he also got two certificates in Senior Executive Program and Chief Executive Officers program; Kellogg Graduate School of Management, USA, Oxford University and Cambridge.

Peter Obi Career

Peter Obi was able to establish a respected corporate career with his intelligence and business aptitude. He had several managerial and business positions with a number of prestigious companies. He has worked for the following companies:

  • Next International Nigeria Ltd
  • Guardian Express Mortgage Bank Ltd
  • Guardian Express Bank Plc
  • Future View Securities Ltd
  • Paymaster Nigeria Ltd
  • Chams Nigeria Ltd
  • Corp Ltd and Card Centre Ltd

However, Peter Obi is a member of the Nigerian Economic Summit Group (NESG), the Nigerian Chartered Institute of Bankers, and the British Institute of Directors, among other prestigious organizations (IOD).

Peter Obi Profile

  • Name: Peter Gregory Obi
  • Date of birth: 19th July 1961
  • State of Origin: Anambra, Nigeria
  • Occupation: Businessman, Politician
  • Wife: Margaret Brownson Usen
  • Net worth $230 million
  • Political Career/Political Parties

Although, His political career his political career was fraught with challenges, but he conquered them all thanks to his courage and tenacity.

As a member of the All Progressives Grand Alliance, he stood for governor of Anambra in 2003. (APGA). INEC, on the other hand, declared Chris Ngige, his opponent, the winner. Peter Obi refused to accept the verdict and fought it in court for three years, eventually winning and being inaugurated as governor on March 17, 2006.

Peter Obi, Before becoming a governor, Peter Obi worked as a trader before moving into banking. Publix Super Markets, an American supermarket operator, has even named one of its stores after him.

More so, In 2010, Peter Obi stood for reelection as Governor of Anambra State. In the election, he defeated his opponent, former CBN governor Professor Charles Soludo. Willie Obiano remained to govern the people of Anambra for another four years after taking office in 2014.

Peter Obi ran for Vice President of Nigeria in the 2019 presidential election. In the People’s Democratic Party, he was Atiku Abubakar’s vice-presidential candidate. In the election, however, he was defeated by incumbent President Muhammadu Buhari. Currently he is vehemently contending for the seat of the President of Nigeria come 2023.

Peter Obi Awards and Recognition

  • Man of the Year, Sun Newspaper, 2007
  • Most Prudent Governor in Nigeria, This day Newspaper, 2009
  • Nigeria’s Most Trustworthy Governor, Champion Newspaper, 2009
  • Governor of the Year, West Africa ICT Development Award, 2010
  • Zik Leadership Prize, 2011
  • Best Performing Governor on Immunization in South-East Nigeria, Bill & Melinda Gates Foundation, 2012
  • Leadership and Good Governance Award, Ezeife Leadership Foundation, 2012
  • Golden Award on Prudence, Methodist Church of Nigeria, 2012
  • Man of the Year, Business Hallmark Newspaper, 2012
  • Man of the Year, Silverbird, 2013
  • Award for Outstanding Example in Leadership and Governance, The Voice Newspaper, 2014
  • Most Outstanding Igbo Man of the Decade, Champion Newspaper, 2014
  • Golden Merit Award, Nigerian Library Association, 2014
  • Golden Jubilee Award, Catholic Diocese of Onitsha, 2015

Peter Obi Properties (House and Cars)

Peter Obi owns two homes—one in the UK and the other in his hometown of Onitsha, Anambra State, even though he doesn’t flaunt his riches or acquisitions in front of the media.
However, The former governor disclosed that he paid £1,000,000 for his opulent London mansion in September 1996. Peter Obi denied social media rumors’ that he purchased a mansion in Enugu State valued at roughly N650 million, insisting that he only owns one house in Nigeria.

Peter Obi owns a exotic, luxurious fleet of cars as an influential personnel, He rode in a convoy. This are the luxurious cars in Peter Obi’s garage include:

  • Mercedes Benz AMG C63
  • Lexus LX 570
  • Toyota Land Cruiser

Peter Obi Controversies

In 2008 a viral controversies of N250 million allegedly found with one of the aides of Governor Peter Obi.

The Pandora Papers investigation, which is the largest historical cross-border collaboration, reveals secret assets, swap deals, and hidden riches of the super-rich, former, and serving public officials around the world. It also covers a large number of previously concealed offshore firms.

Records revealed that Mr Peter Obi had been concealing parts of his financial operations when the papers were leaked in October 2021. He was accused of engaging in covert business and violating Nigerian law in at least three different ways.

Firstly, It was said that 14 months after taking office as the governor of Anambra State, the former governor kept his position as a director of his UK company, NEXT International (UK) Limited.

The Code of Conduct Bureau and Tribunal Act’s Section Six, according to them, is violated by this.

Secondly, by establishing offshore corporations in tax havens like the British Virgin Islands, Mr Obi violated Section 11 of the Fifth Schedule of the 1999 Constitution.

He reportedly created shell corporations using Beauchamp Investments Limited, a Barbados-based company. The accusation was that he failed to disclose all of his riches, in violation of the Constitution’s requirement that public officials disclose all of their assets both before and after taking office.

Thirdly, Peter Obi violated the law and the public service code of conduct by running a foreign account while serving as governor. A public official is not permitted to manage a bank account outside of Nigeria, according to both the Nigerian constitution and the Code of Conduct Bureau and Tribunal Act.

However, Peter Obi asserted that he promptly tendered his resignation letter to his wife after taking over the job in response to the initial accusation. He opined that his firm might not have implemented the adjustments right away or may not have properly documented his departure.

Mr Peter Obi clarified that those assets are offshore in his answer to the accusation about the disclosure of assets. His family members jointly control several businesses, and he is not under any duty to List any joint-owned businesses or assets. He claims that he was unaware of the legal provision. That instructs declaring all assets, whether jointly owned or not.

Peter Obi Marital Status

Peter Obi is said to be happily married and blessed with two children, The name of his wife is Margaret Brownson Usen. The couple married in the year 1992. Margaret is the main force behind her husband’s National Gender Affirmative Action, which ensured that at least half of the seats in Obi’s cabinet were filled by women.

Margaret is known for her humility, despite her intelligence, which she concealed while working persistently and secretly to increase the popularity of her husband’s government. Her uncompromising devotion to women’s empowerment and child welfare is also well-known.

Peter Obi Net Worth

The former governor of Anambra State and vice-presidential candidate of the Peoples Democratic Party in the 2019 general elections, Peter Obi said he was a trader who ventured into banking before he became a governor, Also engineer of South African Breweries, with all this we believe Obi was a billionaire in naira with an estimated net worth of about $800 million, even before becoming governor of Anambra state, His net worth as of current is estimated to be $230 million.

Peter Obi net worth in Naira:  is about ₦96,966,076,050.00 as of 2022.

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