Jimoh Ibrahim is a well-known Nigerian lawyer, politician, and businessman. He owns Global Fleet Group and has been able to accumulate a lot of wealth for himself. He is said to be worth around
- Full Name: Jimoh Ibrahim
- Date Of Birth: 24th February 1967
- Occupation: Businessman, Lawyer, Politician
- Net Worth: $1.1billion
Jimoh Ibrahim Biography, Education and Early Career
Jimoh was born on the 24 of February 1967, and he hails from Ondo State in Nigeria. He started from scratch too, with his bricklayer Father married to up to seven wives. Jimoh’s own mum was simply a fish seller.
He had his primary and secondary school education at the Saint John’s school in Ondo State before proceeding to Obafemi Awolowo University in Ile Ife to study Law.
He graduated with a Bachelor of Laws (LLB) degree before getting a Masters in Public Administration (MPA). He then left for Harvard University in Cambridge to further his education.
Being a person with great vision, even during his undergraduate days, Jimoh proposed to organise seminars on law for all local governments in the country to enable them know how to make their own law, and he made a lot of money doing this.
Being a man that has set his eyes on discovering business opportunities, he also went ahead to organise several workshops in his field for top government officials and was adequately rewarded too.
Additional, he worked with the International Monetary Fund (IMF) as a tax consultant and he proved he is someone who knows his onions adequately.
Jimoh Ibrahim is currently married with children.
Jimoh Ibrahim And Business
He started from the scratch by executing small scale contracts using his dad’s bricklaying material. Additionally, he is a man of investments, putting his money in various industries including the oil and gas industry, the hospitality industry, the banking industry, and so on (all under his Global Fleet Group)
Jimoh Ibrahim’s Global Fleet Group
This firm first launched out as Global Fleet Oil and Gas in year 2004 as a petroleum marketing company and grew by acquiring a lot of gas stations in different part of the country. Since management is top notch, they were able to acquire up to 150 gas stations and were earning a lot of
With a reasonable amount of money at hand, they were able to invest widely, and are now known as Global Fleet Group – with presence both in Nigeria and other countries.
The conglomerate has the following subsidiaries:
– Air Nigeria
– NICON Insurance
– NICON Luxury Hotel
– Energy Bank
– Energy Bank Sao Tome & Principle
– Newswatch Magazine
Air Nigeria, formerly Virgin Nigeria, is an Air line is situated in Lagos and was founded in 2010. Jimoh Ibrahim is a major shareholder of the company and he is also the Group Managing Director of NICON Insurance.
He bought Le Meridian Hotels in 2003 and made it NICON Luxury Hotel and has been able to turn it into the second home of some top executives both within and outside the country. He also owns Energy Bank in Accra, Ghana (which he founded in 2009). In 2011, he acquired Oceanic Bank (STP) and transformed the financial institution to Energy Bank Sao Tome & Principle
One of his tools for media exploits is Newswatch Magazine – weekly news magazine that remains one of the oldest in the country (established in 1984 by the likes of Dele Giwa and Ray Ekpu). Jimoh’s Global Media Mirror Ltd (publishers off National Mirror) bought 51% of Newwatch Communication Limited.
Jimoh Ibrahim’s Political Interests
Jimoh believes he has all it takes to transform Ondo State if made the first citizen of the State, and he has been doing all he can to before the State’s Governor. He contested for the office of the Governor in 20 under the platform of the All Nigeria People’s Party (ANPP) but wasn’t elected.
He came back to try again in 2016 after joining the People’s Democratic Party (PDP), but still lost. Perhaps, in the nearest future, he can eventually achieve his political aims.
Jimoh Ibrahim Net Worth
From all indications, this man is definitely a very wealthy man, and there are reports that he is worth around $1.1billion.