Here’s Bola Tinubu Biography & Net Worth (2023) – In the field of politics, certain leaders have singled themselves out as political models for the upcoming politicians and have made themselves little gods who call the shots in their sphere of influence amidst massive wealth and assets estimated at trillions of Naira.
One such politician is Chief Bola Ahmed Tinubu aka the Jagaban of Borgu and the Asiwaju of Eko.
In some quarters it is believed that Tinubu owns a diameter of the entire Lagos State judging from his numerous acquisition of properties in the choicest locations of the famous Lagoon.
Surprisingly, or not so surprisingly for some, his early days weren’t so full of plenty and affluence, he was merely a hardworking accountant in an oil company, but today he is arguably the richest politician in Nigeria who was never a president.
On that note, we take a look at the biography and net worth of Bola Tinubu.
Below is Bola Tinubu Biography & Net Worth (2023)
Full Name: Bola Ahmed Adekunle Tinubu
Nicknames: Jagaban of Borgu, Asiwaju
Birth Date: 29 March 1952, Lagos, Nigeria
Wealth Stream: Politics, Diversified
Spouse: Remi Tinubu
Political Affiliation: All Progressives Congress (APC)
Residence: Bourdillon drive, Ikoyi, Lagos Island, Nigeria
Net Worth: N10 trillion (rough estimate)
Born and christened Adekunle Bola Ahmed Tinubu on the 29 of March 1952 in Lagos, Nigeria.
He had his basic education at St. John’s Primary School, Aroloya, Lagos, and Children’s Home School in Ibadan, South West of Nigeria.
A degree, Tinubu obtained his in 1975 at the Richard J. Daly college in Illinois United States, and also got another degree from Chicago State University.
He graduated in 1979 with a Bachelor of Science honours in Accounting.
Tinubu Before Politics
Prior to enlisting in the political war in front of Nigeria, Tinubu back in the states worked for some American companies like Arthur Andersen, Deloitte, Haskins, & Sells, and GTE Services Corporation.
The Jagaban would later return to his motherland in 1983 to experience a working stint with Mobil Oil Nigeria where he proved his mettle and rose to become the executive director.
Perhaps being the executive director of an oil firm was becoming much of a job for the likes of weaklings that in 1992, Tinubu ventured into the game of politics where he went through his maiden battle to win the hearts of the electorates of his Lagos West Senatorial district.
He did win the battle and became a Senator.
In the course of running a just vanguard under the aegis of the National Democratic Coalition, Tinubu was perceived as a political foe by the then military Junta of Sani Abacha, forcing the energetic politician to lay low in exile till the dust settled with the death of the dictator in 1998.
On return from exile, in 1999 he continued his political adventure, this time he ran the Guber race for Lagos State under the defunct Alliance for Democracy (AD).
He won and that would mark the post-democratic political journey of Lagos State hinging on the loins of one political Godfather to date.
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Thus Jagaban became governor of Lagos State in 1999 and pioneered a series of transformations that changed the outlook and curb appeal of Lagos which was at the time in its cradle stages of a population upsurge.
The Jagaban would later be re-elected in 2003 to finish what he started and thereby making Lagos the only state in the South West region outside the political influence of the reigning and ruling People’s Democratic Party.
To date, the Jagaban has ensured that the PDP never has a taste of what it’s like to rule the Largest economy in Africa.
When Tinubu’s tenure elapsed in 2007, his Chief of Staff, Babatunde Fashola, like a relay race took the baton and continued on the legacies of his boss whilst dancing to his tunes.
Hence, the Ikeja Lagos House became a chain of patrilineal handovers under the Action congress till its merger to form APC gave the PDP a run for its power and made it seem less likely to at least have a bite of the Lagoon politics.
Tinubu & the APC
Why the PDP held sway in governance at the Federal level, Tinubu was actively involved in negotiations for a merger that will see his own party, the Action Congress of Nigeria (ACN), the All Nigerian People’s Party (ANPP), and the Congress for Progressive Change fuse into one mega party and depose the PDP.
That plan came into fruition in 2013 with the birth of the ruling All Progressives Congress (APC) which took power off the hands of the PDP in 2015.
Tinubu is today seen as a national leader of the All Progressive Congress alongside President Muhammadu Buhari.
Tinubu is married to Senator Oluremi Tinubu, the Senator representing Lagos Central Senatorial District.
The union is blessed with three children, Oluwaseyi, Abibat, and Folashade Tinubu.
The number reduced to three after he lost his first son Jide Tinubu to cardiac arrest in 2017.
Net Worth & Assets
Bola Tinubu is speculated to be the richest politician in Nigeria after the likes of Ibrahim Babangida, Late Sani Abacha, and Former vice president Alhaji Atiku Abubakar.
His assets are littered all over Lagos State raising eyebrows and whisperings by concerned and nosy taxpayers on the legitimacy of the acquisition processes.
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Some of his investments and assets are worthy of mention and they include;
Oriental Hotel, Victoria Island, Lagos
Illubrin Housing Estate
Lekki Concession Company (Jointly owned)
Trojan Estate Limited amongst other assets and investments reportedly acquired while he served as governor.
The Jagaban is not also exempted from the lavish lifestyle of his cohorts as he jets around the world with his private bombardier jet worth $60 million and cruises around in a bulletproof, bomb detector, camera-coated Mercedes G-wagon worth N600 million.
His private residence at Bourdillon drive, Ikoyi, Lagos is worth a staggering N1. 5 billion.
Bola Tinubu’s net worth is quite convoluted arithmetic but it’s estimated at N10 trillion Naira and $32.7 billion.