Mike Adenuga Jr: The Billionaire Who Prefers Quiet Power

Among Africa’s wealthiest businessmen, Mike Adenuga Jr. stands out—not just for his immense fortune, but for his understated nature. Unlike many high-profile moguls, he shuns flamboyance and public spectacle, opting instead for a life of quiet influence.

Known for building his empire through grit and relentless hard work, Adenuga remains largely reclusive. As Chairman of the Mike Adenuga Group—a holding company for business giants like Conoil and Globacom—he maintains a level of mystery, rarely stepping into the public eye.

In elite social and business circles, there are only a handful of people Adenuga openly admires. One of them is the Awujale of Ijebuland, Oba Sikiru Kayode Adetona. Over the years, Adenuga has demonstrated deep respect and affection for the monarch, who also happens to be his older cousin.

Their bond is mutual. The Awujale, a revered traditional ruler, has spoken warmly of Adenuga, describing him as a happy, respected son of Ijebuland. In recognition of his achievements, the monarch conferred upon him the chieftaincy title of Otunba Apesin of Ijebuland.

Adenuga also holds the Esama of Benin, Chief Gabriel Igbinedion, in high regard. Though rarely seen at social gatherings, he made an exception in recent months—welcoming the influential Igbinedion to his home not once, but twice.

During these private meetings, one item drew significant attention: Adenuga’s newest luxury aircraft. Parked visibly at the Benin Airport apron, the stunning Bombardier Global 7500 made headlines. Equipped with two Titanium-Plated Rolls Royce engines, it is a marvel of modern aviation.

This $73 million jet features a lavishly appointed suite, a plush lounge, a multi-purpose conference room, and a grand master bedroom—making it the world’s first business jet with such amenities. For a globe-trotting titan like Adenuga, it’s more than a plane; it’s a five-star floating residence designed for maximum comfort during long-haul trips.

True to form, Adenuga continues to move through the world with quiet authority—flying high, yet never loud.