If you’re wondering what affluence means, a visit to the empire of Arthur Eze, founder of Atlas Oranto Petroleum, Nigeria’s largest privately-owned exploration and extraction company, is a place that reflects wealth.
Net Worth of Arthur His title “Ozoigbondu” of Igboland is the customary title bestowed upon him by Ndi Igbo elders.
He was born on November 27th, 1948, in Ukpo, Anambra State, in the Dunukofia LGA. Additionally, he is a Prince descended from a traditional Nigerian Royal Family.
Overview:
- Real name: Prince Arthur Eze
- Date of birth: November 27, 1948
- Country of Origin Nigerian
- Place of Birth: Ukpo
- State of Origin: Anambra State
- Native language: Igbo
- Children: Onyeka Eze, Olisa Eze
- Occupation: Oil businessman & Politician
- Net worth $5.7 billion (as of 2021)
Growing Up:
On the 27th of November 1948, Arthur Eze was born into a royal family in a village named “Ukpo” in the Dunukofia Local Government Area of Anambra State in Nigeria’s South-East region.
His father’s influence helped elevate his brother to the position of present King of Ukpo Village in Anambra. Arthur Eze is one of Nigeria’s wealthiest persons and the wealthiest in Nigeria’s South Eastern area.
Academic Qualifications:
Following his primary schooling in Nkwere, Imo state, Arthur Eze attended St. Augustin Secondary School. The fact that he comes from an affluent and royal family allowed him to study abroad.
He studied Chemical Engineering at California State University at Long Beach in California, which may explain why he is so intrigued by the topic of oil.
Being in a country with a lot of crude oil means he has a chance to both help the country and enrich himself at the same time.
Family
Arthur Eze is blissfully happy and has children, albeit the exact number of his children is not known to the general world. Onyeka Eze, the mother of the Prince Osisioma Foundation’s founder and CEO, is one of Arthur Eze’s children.
Arthur Eze Cars
Prince Arthur Eze reportedly has 5 Rolls Royce in his garage. The Car has a twin-turbo V12 engine and a self-destruction entrance type.
Although money is of no concern to these people, we believe some of you would be interested in this opportunity. You may have one of them for 160 million Naira or a bespoke model for only N220 million.
Private Jet
Arthur Eze acquired a Falcon plane in 2015. Additionally, the actual business tycoon boasts a $25 million overflow of Bombardier streams, making him join the list of at least well-known Nigerians who own private jets
Relationship with Politicians:
As a longtime supporter of the People’s Democratic Party (PDP), Arthur Eze contributed about $100 million to support elections in Anambra.
He is referred to as “the godfather” by several of the state’s most powerful lawmakers because of his political influence.
Chief Eze Disowns Peter Obi’s Presidential Bid
As a powerful political influence in Anambra and the Southeast, Chief Arthur Eze publicly declared that he will not support Mr Peter Obi, the Presidential candidate of Labour Party (LP).
Eze, who is believed to be the richest Southeast billionaire spoke at the 2022 Ofala Festival in Anambra State.
The businessman made the comments in the presence of the state governor, Prof. Chukwuma Soludo, traditional rulers, women groups and prominent people of the state.
The billionaire was quoted as saying:
“When Peter Obi told me about his ambition, I asked him the states he thinks he can win in the west and in the north – he told me; but I was not convinced. I told him he could not win; so that he would not waste his time and money.”
The Punch
Nurturing Soludo for President
Instead of supporting Peter Obi, Eze said he believed that the incumbent governor of Anambra State Charles Soludo will represent the Southeast in future presidential elections.
He pointed at Soludo, saying:
“This is the person we are tipping to take over as Nigerian president of Igbo extraction in the time to come. We have a presidential candidate(Atiku) that we are supporting now. After his tenure, he will hand over to Soludo as president.”
Investments and Business
Among Arthur Eze’s various ventures, only a handful are well-known to the general public. Here are a few that have helped him achieve his current position:
Atlas Oranto Petroleum
One of Africa’s major oil businesses, Arthur Eze launched “Atlas Oranto Petroleum” (AOP) in 1991, which has around 22 oil and gas licenses from roughly 12 African locales.
At the time of this article’s publication, the business was the largest oil exploration block holder in Africa, with properties in Nigeria, Gambia, Equatorial Guinea, the United Kingdom, Liberia, Uganda, and other nations.
Situated in Lagos, Nigeria, the company’s technical headquarters and headquarters are located in Abuja, Nigeria.
Most members of the Eze royal family still own Atlas Oranto stock as a way to stay connected to their ancestors.
Triax Airlines
Triax Airlines, another business controlled by Prince Arthur Eze, was created in 1992, shortly after Atlas Oranto Petroleum was established.
For several reasons, the airline failed to succeed, including the Nigerian government’s decision to unregulate some airlines.
because of some challenges faced by the business, Arthur Eze decided to focus on other ventures, and the company ceased operations.
Philanthropic Activities:
Otuoke, Bayelsa State, Nigeria, received a $12 million donation for the construction of St. Stephen’s Anglican Deanery and Youth Development Center which the Anambra billionaire was instrumental to.
Two elementary schools in the central South Sudanese towns of Yirol and Rumbek were built with a $800,000 gift from Arthur Eze.
A donation of ten million naira was made to help the elderly in the Ukpo neighborhood.
The Association of People Living with Sickle Cell Disorder (APLSCD), won N5 million for a standard sickle cell clinic in the Ukpo, Dunukofia Council Area of Anambra State.
He donated $800,000 during a fundraising event in Abuja to help the victims of the Boko Haram insurgencies, which he was part of.
Of the money gathered for the 2018 FIFA World Cup in Russia, Arthur Eze donated 25 million naira of his own money.
In 2013, Eze made a $6.3 million donation to the Nigerian flood relief effort.
During 2015, he donated 20 million naira to a local church for musical instruments and renovations.
For the Nnamdi Azikiwe University, Arthur developed a medical research facility on his own. And many other projects across Nigeria and to NGOs.
Did he sell land to Total Energies?
Prince Arthur Eze has agreed to sell family land in Anambra to TotalEnergies. TotalEnergies, a French oil company, is now in talks to buy property in southern Nigeria from a Nigerian billionaire.
The conference was held in the 16th arrondissement of Paris at a quiet location.
Henri-Max Ndong-Nzue, the new African head of TotalEnergies’ exploration and production department in Africa, met with Nigerian businessman Arthur Eze on November 11 in a suite at the Shangri-La hotel for two hours.
Nigerian billionaire Arthur Eze plans to sell a portion of his property in Anambra state to the French conglomerate, which is estimated to be worth close to $6 billion. Although it faces stiff competition from American and British firms, the latter is optimistic about growing its footprint in the nation in the next years.
In September, the Nigerian government formally designated Anambra as one of the oil-producing states in Nigeria, and according to our sources, the oil-rich state is actively attempting to expand its oil income and take advantage of this desired position.
This would allow the state to receive at least 13% of oil income generated from its lands, while the balance would be shared between the federal and state governments, according to an official statement.
Arthur Eze, a longtime supporter of Goodluck Jonathan’s People’s Democratic Party and close ally of President Muhammadu Buhari, spent the week of November 7-13 in Paris. When President Buhari visited, he joined President Macron and US Vice President Harris at the Paris Peace Forum.
Construction of $800,000 School In South Sudan
Nigerian oil billionaire Prince Arthur Eze’s Oranto Petroleum built two elementary schools in the central South Sudanese towns of Yirol and Rumbek.
The Nigerian-based company, Oranto, will contribute more than $800,000 to the project as part of its CSR initiatives.
Oranto Petroleum was given the exploration and production sharing agreements for Block B3 by the South Sudanese Ministry of Petroleum in 2017.
It is one of Africa’s major private exploration and production firms. Among the company’s oil and gas holdings notably operating in Nigeria and Equatorial Guinea, both of which have significant production capacity.
Arthur Eze Net Worth
The Anambra oil magnate is sitting on assets worth $5.7 billion as of 2021, making him one of the richest Nigerian and in Africa.
A visit to is garage will convince you that Prince Eze is richer than some African countries whose GDP are not even up to $3 billion.
His wealth has not only made him a political kingmaker in Anambra and other states in the South-East region, but his generosity is also another quality to behold.