The Souvenir Hawker Who Became A Billionaire – Meet The Agege Boy That Built A $400million Company

Sijibomi Ogundele, Nigeria’s youngest Billionaire and Luxury Real Estate mogul is noted for his status as Nigeria’s youngest billionaire and CEO of multi-million dollar company, Sujimoto Group. But only a few know about his humble beginnings, hustling on the busy streets of Agege to the well-paved streets in France.

Growing up in the slum of Agege, as a little 8-year-old, Sijibomi’s first introduction to Entrepreneurship was when he started a bike business popularly called‘Okada’ business, from his little savings. Despite the usual African Parent’s disapproval, he drew inspiration from his mother’s entrepreneurial spirit and grew his Okada business from 1 to 6 motorcycles, a testament to his strong, resolute and resilient business mind.

At just a young age of 39, he has built his company, Sujimoto Group, in just 5 years, into a Luxury Construction behemoth, focused on building extraordinary edifices in premium neighbourhoods of Ikoyi and Banana Island. With annual revenue of approximately $30 million and many other pending projects, Mr Ogundele believes the Sujimoto group is worth over $400 Million.

Many have opined that the young and dynamic businessman might be eyeing a political position, but according to Mr. Ogundele, “the business of politics is bigger than the politics of business. We are focused on business but we shall support the government. To us, the Government is like a beautiful woman, marry her only when she is an asset, not a liability.”

Source: GhanaFeed.Com