Obi Cubana is one of the names that come to mind when you talk of the richest entertainment business moguls in Nigeria. He is a serial entrepreneur and he is extremely rich. His net worth is an estimated $500 million. We had to bring it to you so early in this article to emphasize how rich he is. Obi Cubana is one of the Igbo men in Nigeria whose wealth can be said to be unbelievable. Don’t guess much about his source of wealth. Obi Cubana runs several businesses, he owns a set of the most expensive hotels in Nigeria, he owns houses (assets) all over Nigeria. Not to forget, Obi Cubana is the CEO of the popular luxurious hospitality company Cubana Group. That was how he was given the name Obi Cubana, however, his real name is Obi Iyiegbu. For this publication, we will be writing on Obi Cubana’s biography, his career, and his net worth.
Obi Cubana Biography
Obi Cubana’s real name Obi Iyiegbu. The serial entrepreneur was born on April 12, 1975. His origin can be traced to Oba, Idemili-South Local Government Area in Anambra State, a southeastern state in Nigeria pre-dominated by Igbos. Obi Cubana attended Central Primary School in Anambra State. He proceeded to Dennis Memorial Grammar School in Onitsha for his secondary school. He finally graduated from the University Of Nigeria, Nsukka, in 1998, where he read Political Science.
Obi Cubana got married to Ebele Iyiegbu in 2008, and their union is blessed with four sons. His wife is a lawyer and the CEO of the Kiek Foundation.
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Obi Cubana Career
Obi Iyiegbu started a club called Ibiza Club back in 2006. He made noticeable progress with the club which seeks to satisfy fun-seekers. In 2009, he established Cubana; a hospitality club that provides all-round entertainment satisfaction. His Cubana business which started in Owerri now has branches in Abuja and Lagos. His inspiration to start up Cubana business was that entertainment to him is a means to escape all the stress of the world. He said in an interview that he wanted to improve the lives of Nigerians. This made us believe this is the meaning behind his Company’s slogan – The World Is Yours.
Obi Iyiegbu is the chairman of Cubana Group and managing a large enterprise such as Cubana Group isn’t so easy, hence, Obi Iyiegbu works with other like-visioned men. In his executive team includes;
- Paul Nti – General Manager- CRAVE (Abuja)
- Don Joey – General Manager- Cubana (Lagos)
- Paschal Okechukwu – General Manager – Cubana Conglomerate (Owerri)
- David O. Lawal – General Manager – Liquor empire Ltd (Abuja)
- Okeoma David Igbokwe – General Manager – Ibiza (Abuja)
Obi Cubana is described as a caring philanthropist who established Paschal Okechukwu aka Cubana Chief Priest. Paschal Okechukwu is the hypeman popularly known as Cubana Chief Priest. He was working in Aba as a shoemaker until he met Obi Iyiegbu, who changed his life.
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Obi Cubana’s business, Cubana groups has various hotels and nightclubs all over Nigeria. under his company are the following establishments which make him millions daily
- Rolex Hotels – Lagos
- Cubana Leisure Outfits
- Pablo Cubana – Lagos
- Crave Cubana – Abuja
- Grand Cubana Hotels – Abuja
- Opium Cubana – Owerri
- Cubana Night Clubs – Lagos
and other establishments such as lounges. The CEO of the company, Obi Cubana said he is currently working on plans for Cubana Dubai and Cubana Real Estate. Cubana Group has won several awards and it is expanding its reach across Nigerian borders. Some of the awards won by the company or her CEO includes;
- Democracy Heroes Award 2018 as Democracy Entrepreneur of the year.
- The RightVille School special leadership Award, May 2017
- Ghana-Nigeria Achievers Award 2017 as Inspiring Personality Award, 2017
- Northern Nigeria Peace Summit/Award 2017 as Northern Nigeria Peace Builder of the year 2017
- Nigeria Film corporation Entertainment as Icon Award 2017
- Young Entrepreneur of the year 2016
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Obi Cubana Net worth
Speaking of wealthy, Obi Cubana is extremely wealthy. His net worth is an estimated $500 million according to official records. Most of the properties owned by Obi Iyiegbu are worth millions of dollars, including his numerous cars and establishments too. He is a man who can afford any luxury he wants and he can do that because of his achievement with an organized standard entertainment business, Cubana Group.
Well said.