Mike Adenuga, Chairman of Conoil and CEO of Globacom, has witnessed a drop in his net worth, which is currently at $3.6 billion.
According to research on Forbes and Nairametrics, it shows a big drop in Mike Adenuga’s wealth, from the previous $6.3 billion recorded in January.
Adenuga acquired his fortune as Nigeria's third richest man through his businesses in the telecom and oil production sectors. Now on the list of Top 3 Nigerian Billionaires, we’ve Aliko Dangote, Abdulsamad Rabiu, and Mike Adenuga.
Mike Adenuga’s well-preparedness has given his mobile phone network, Globacom, a rise in prominence making it Nigeria's third-largest operator, with millions of members. The Conoil oil exploration business has six oil blocks operating in the Niger Delta.
Read more: https://www.investingport.com/mike-adenugas-net-worth-slumps-to-36b-after-loosing-27b/