Businessman

Hakeem Belo-Osagie Net Worth

Hakeem Belo-Osagie Net Worth is
$450 Million



Hakeem Belo-Osagie Biography

$450 Million: Hakeem Bello-Osagie is a Nigerian businessman listed by Forbes as the 40th richest guy in Africa. Harvard Business School-educated petroleum economist Hakeem Belo-Osagie chair the Nigerian arm of UAE telecom company Etisalat. Through his keeping company, Superior Telecommunications Holdings, he handles a 12% stake in Etisalat Nigeria. In the 1980s Belo-Osagie proved helpful for the government in a variety of functions including as an associate to the presidential adviser on petroleum and energy. That was accompanied by a short stint at the Nigerian National Petroleum Company; in 1986 he create petroleum consultancy CTIC. In 1998 he bought 51% of United Lender for Africa from the Nigerian federal government and marketed it for a reported $120 million in 2004. He’s among the largest donors to the African Leadership Academy, a home secondary organization in Johannesburg that functions to carefully turn out Africa’s brightest learners. Within an interview with the Harvard Business College Entrepreneurs, Hakeem talked about that he was created in Lagos, Nigeria. His father was a specialist gynecologist and mom, a nurse. At age group three, he moved along with his parents to England, where they resided until he was about eight and returned to Nigeria for principal and secondary education. He transferred back to England once again at sixteen to comprehensive high school. Hakeem began university at about eighteen and was in university in England for five years and in the usa for just two years from age group twenty-three to twenty-five. He transferred back to Nigeria later on where he presently lives along with his wife, attorney Myma Belo-Osagie, and kids. Nigerian businessman Hakeem Belo-Osagie comes with an estimated net worthy of of $600 million by 2015, in accordance to Forbes. He’s the chairman of the Nigerian arm of UAE telecom company Etisalat. Hakeem was created in Lagos, Nigeria in 1955. His dad was a specialist gynecologist and mom, a nurse. The family members transferred to England when he was 3 years previous. They resided there for about five years. He previously his principal and secondary education in Nigeria and finished his senior high school in England. He studied at the King’s University in Lagos and Atlantic University in Wales. He gained an MBA from the Harvard Business College and an MA from Oxford University. In the 1980s he proved helpful for the federal government of Nigeria in a variety of capacities. He was an associate to the presidential advisor for petroleum and energy for quite a while. Later he proved helpful for the Nigerian National Petroleum Company. He create petroleum consultancy CTIC in 1986. In the entire year 1998 he bought 51 percent of United Lender of Africa from the federal government of Nigeria and marketed it for $120 million in 2004. He provides 12 percent stake in Etisalat Nigeria through his keeping company Superior Telecommunications Holdings. Hakeem Belo-Osagie is wedded to Myma Belo-Osagie and lives in Lagos, Nigeria. He’s involved with various philanthropic activities. He’s among the largest donors to the African Leadership Academy, a home secondary organization in Johannesburg. Nigerian businessman and petroleum economist, Hakeem Belo-Osagie includes a net worthy of of $450 million by November 2011, in accordance to FORBES wealthy list. The Harvard-trained is normally chairman of the Nigerian functions of United Arab Emirates-based telecom company Etisalat. Through his keeping companies, Superior Telecommunications Holdings and MyaCynth, he controls a 12.5% stake in Etisalat Nigeria. After graduating from Oxford with an M.A. and Harvard with an MBA in the first 80s, Belo-Osagie came back to Nigeria where he proved helpful briefly with the Nigerian federal government, serving as a particular associate to the Nigerian Minister of Petroleum and Energy. Soon after his stint with the Nigerian civil provider, he struck from his own and continued to establish CTIC, a power consultancy that advised worldwide oil companies, that have been looking to make access into Nigeria’s energy marketplaces. In 1992, he founded First Securities Discounts Home Limited – an immensely effective boutique securities trading clothing that pioneered large-level trading actions in treasury bills, industrial paper and banker acceptances in Nigeria. Six years afterwards, in 1998, he produced background in Nigeria’s corporate circles when he became the initial Nigerian to stage a hostile takeover. The Nigerian federal government was offering off its managing stake in the United Lender for Africa- a big, floundering commercial lender in Lagos. Belo-Osagie obtained the bank despite extreme opposition from the lender’s senior administration and trade unions. Using his infamous lean administration design, he pushed the lender to profitability before flipping it for a revenue to a consortium of traders led by Nigerian banker, Tony Elumelu. A devoted philanthropist, he is among the largest donors to the African Leadership Academy, a home secondary organization in Johannesburg, South Africa, which trains Africa’s brightest learners for another of leadership. Revenue & Financial Data: The below economic data is collected and published by TheRichest analysts group to provide you with a better knowledge of Hakeem Belo-Osagie’s net worthy of by wearing down themost relevant economic events such as for example yearly salaries, agreements, earn outs, endorsements, share ownership plus much more. ? Choose Year Earnings 2004




Quick Facts

Full NameHakeem Belo-Osagie
Date Of Birth1955
ChildrenYasmin Belo-Osagie
SiblingsRilwan Belo-Osagie, Lateef Belo-Osagie, Sheri Williams

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