Mike Adenuga: Biography, Age, Wife, Children, Net worth, Source of Wealth, and Controversy

 The word that follows the mention of Mike Adenuga is that he’s the “billionaire owner of Globacom”.

Full named Michael Adeniyi Agbolade Ishola Adenuga is a billionaire and Nigeria’s third-richest man.

Quick Note: The Nigerian billionaire, Mike Adenuga, is not in any way related to Wale Adenuga.

Early Beginning

The billionaire’s parents are the late Mr Oloye Micheal Agbolade Adenuga, who was a school teacher.

His mom goes by the name Omoba Juliana Oyindamola Adenuga (nee Onashile of Okesopin, Ijebu Igbo), and she was a businesswoman.

Adenuga Date of Birth

His late parent gave birth to him on the 29th of April, 1953. Mike Adenuga is currently 69 years old (in 2022). What’s more? His place of birth is Ibadan, Oyo, where he grew up as well.


The billionaire started school at Ibadan Grammar School, Ibadan Oyo state. He later attended Comprehensive High School Aiyetoro, for his Higher School Certificate. 

He attended Oklahoma State University for his first degree in Business Administration and also bags a Master’s degree in Business Administration (MBA) at Pace University, New York.


Mike Adenuga is a polygamist and as such had children from two different wives. His wives’ names are Emelia Adefolake Marquis and Titi Joyce Adenuga, and they all together breed 8 wonderful children namely;

  1. Adetutu Oyindamola Emilia
  2. Eniola Adenuga
  3. Sade Adenuga
  4. Adeniyi Adenuga
  5. Michael Babajide Adenuga
  6. Tunde Paddi Abolade
  7. Abimbola Beenu
  8. Bella Adenuga

Source of wealth

Mike Adenuga’s two major sources of income are:

  • Globacom (Glo), a telecom built and owned by him.
  • Consolidated Oil (ConOil), an oil Bloc also owned by him.

Net worth

The billionaire’s whopping net worth is $6.5 billion according to Forbes. Adenuga got this fortune from telecom and oil production.


1. Economic and Financial Crimes Commission, EFCC, in 2006 apprehended him on charges of money laundering.

2. He once went into self-imposed exile to London and returned after the Umaru Musa Yar’Adua regime granted him a pardon.

3. There were reports that one local and two foreign companies trailed Adenuga for a debit of over $140.5 million.

3. Nora Olumide Johnson, his former secretary, and mistress for over two decades made a shocking allegation during her court hearing. She gave reasons for the false allegations of forgery and stealing that Mike Adenuga levelled against her. Nora claimed the allegations came out of retaliation for the 27 years old love relationship she had ended with him.


The information in this article was curated from online sources. All details cannot be independently verified by StardomBase or its editorial team.

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