Ifeanyi Ubah Net Worth

Ifeanyi Ubah is the CEO of Capital Oil and Gas, an Oil investment in which he is popularly known for. Ifeanyi Ubah assets makes him one of the billionaires and among the richest Igbo men in Nigeria. This post will spell out what businesses owned by Ifeanyi Ubah, biography and how much is Ifeanyi Ubah worth?

Biography of Ifeanyi Ubah

Ifeanyi Patrick Ubah, born on Spetember 3, 1971 in Nnewi, Anambra state to Mr Alphonsus Ubah (father) and Mrs. Patty Ubah in Otolo (mother). His parents were teachers and were very poor. He was brought up in a strong Christian home. He helped in providing for his family basic needs and by 16, he delved fully into business, exporting auto parts from Nigeria to Sierra Leone and Ghana.

With time, Ifeanyi Ubah’s business on auto spare parts expanded to other countries like South Africa, Germany, Dubai and he was made the president of the Nigerian community in Democratic Republic of Congo, where his business flourished the most. Ifeanyi Ubah’s mentor, Cletus Ibeto advised him to invest in the Oil and Gas sector which prompted the creation of Capital Oil and Gas, was launched in 2011.

Ifeanyi Ubah Capital Oil and Gas

The company of Ifeanyi Ubah is actively involved in retailing petroleum products and haulage transportation business. Just like fellow oil companies in Nigeria like Chevron, Elit South African Pty Limited, Mechnan Frankturd Oil and Gas, Capital Oil and Gas is one of the major oil company in Nigeria that supplies and distributes petroleum and petroleum products with a big depot enough to host 6 oil vessels.

He is also actively involved in sports as he currently has a football club in Nigeria, Ifeanyi Ubah fc Football Club (IUFC) popularly known as Anambra Warriors.

Ifeanyi Ubah net worth is estimated at $1.7 Billion and is rumoured to also own a private jet