Bola Tinubu’s Net Worth
Bola Ahmed Tinubu has an estimated net worth of $3 billion dollars. He earns from several sources aside the cash pay from politics.
Bola Ahmed Tinubu owns a 1000 hectares of land in Lakowe which is valued at N75 billion naira.
The land was given to the Lekki concession company. The land is being developed as a golf course and housing estate.
The Parkview Ikoyi Estate Foreshore which is a 14 hectare of land and which was claimed by the Lagos State Government is said to be worth N3 billion naira and owned by Ahmed Tinubu.
Also, he was given as pension for being a former Lagos State Governor under the Lagos State Pension Plan the Annex of the Lagos State guest house which is located in Asokoro, Abuja State, and was bought for N450 million naira by the Lagos State Government in 2006.
The house was transferred to him after his tenure elapsed and he left office. The annex was acquired to protect the main house from breaches in security watches and blocks.
The N450 million naira 5-bedroom detached house known as the Oyinkan Obayomi Drive in Ikoyi, Lagos State was originally the property of the Lagos State Government and its guest house since 1979 but was acquired by Tinubu in 2007 and after Fashola resumed office.
The property was released to Bola Ahmed Tinubu by Fashola in 2007. Bola Tinubu’s N1 billion naira residence located at Bourdillon Road, Ikoyi, is also a notable asset of his.
The property which is developed as Royal Garden Housing Estate and managed by one of Tinubu’s company, Trojan Estate Limited, is a N35 billion naira worth 250 hectares of land originally preserved for the construction of a General Hospital for the Eti-Osa community, and is now a property of Tinubu.
Sir Tinubu as a politician has a classy taste for cars as he owns some of the most expensive cars including a N600 million naira G-Wagon which is bullet proof and bomb detective with surveillance cameras.
A private jet worth $60 million dollars was also acquired by Tinubu for personal use. He’s the man behind “The Choice” property in Lekki, Lagos State.
Ahmed Tinubu also owns jointly with ARM and Tunji Olowofe, the recreational centre at Oniru Estate, Lekki.
His belongings also include the 3.8 hectare of land at the Lagos State Fisheries Office located in Victoria Island. The land is said to be valued at N3.8 billion naira.
Another Choice property of Ahmed Tinubu includes N500 million naira worth Fishery Landing Jetty located at Badore.
The billionaire in dollars is the proud owner of the N15 billion naira Ogudu Foreshore Scheme.
Both the former Julius Berger yard valued at N450 million naira and the Ilubirin housing estate worth N2.5 billion naira are part of his assets.
Part of Tinubu’s wealth includes the New Era Foundation Youth Camp his wife, Remi Tinubu built in Lagos State, Nigeria.
He also owns the TVC Radio Continental. Tinubu owns the Oando Oil that is now managed by his biological brother.
The Oando Oil company is singly the biggest indigenous oil production company in Nigeria with an equity of N162 billion naira and a revenue of about N449 million naira.
Bola Tinubu also has shares and investments in hundreds of businesses across and outside the country.