Profiles

Obi Cubana profile, net worth and how he made his first millions

Obinna Iyiegbu popularly known as Obi Cubana makes his money as the owner of the popular Cubana chain of restaurants and other entertainment businesses across Nigeria.

The 46-year old business man from Anambra state in eastern Nigeria recently buried his mother in a lavish ceremony that has left many wondering how he makes his money.

About 200 cows were slaughtered during the burial ceremony, trucks of alcohol donated by friends, and the billionaire wore a $100k diamond necklace to immortalize his mother during the event.

How Obi Cubana made his first millions

In an interview with BBC Pidgin, the Political Science graduate said after school, he served in Abuja for his National Youth Service (NYSC) in 1999 where he was posted to the National Assembly.

Around the same time Obi Cubana entered into the Estate Agent business, were he sells lands and other real estate properties.

His big break came as he said, when he met a client that gave him a house furnishing contract.

“We did [the job] well, and he gifted me N500k… and from the job my profit was like N600 and something [thousand], making N1.1m just like that,” he told the BBC.

Obi Cubana’s advise to anyone who wants to be a millionaire is to pray for consistency in their work, make human connections with people, and you will be on the road of success.

Obi Cubana biography

Obi Cubana whose real name is Obinna Iyiegbu is a businessman who is into the entertainment and hospitality business.

Born on April 12, 1975, 46-year old millionaire is man Idemili South, Anambra state.

He went to secondary school in Onitsha and later attended University of Nigeria Nsuka where he earned a Bachelor of Arts, Political Science in 1998.

Obi Cubana married his wife in 2008 and he has four children.

He is the owner of the popular Cubana Group which manages Ibiza Club.

Obi Cubana career started in 2006 when he founded the Ibiza Club in Abuja to satisfy fun seekers.

Afta the remarkable success he made from Ibiza club, he established Cubana, an hospitality club which provides all-round entertainment and satisfaction in 2009.

The first branch of Cubana was opened in Owerri, Imo State.

Today, it has several branches spread across various states the country including Lagos, Abia and Enugu.

What is Obi Cubana’s net worth?

Obi Cubana’s clubs, restaurants and other businesses across the country are estimated to worth over $2billion.

The nightlife boss has several mansions across the country with lots of exotic cars from Mercedes Benz 4matic S40, 2 Lexus LX, Bentley amongst others.

AfricaExplained

A writer! Columnist and an academic researcher
Back to top button