Obi Cubana Net Worth 2024: Businesses, Luxury Assets, and Success Story

Obinna Iyiegbu, known as Obi Cubana, is a famous Nigerian businessman, socialite, and entrepreneur. He is best known for his big investments in nightclubs, hotels, and other businesses. As of 2024, Obi Cubana’s net worth is estimated to be $96 million (N170 Billion in naira) , making him one of the richest people in Nigeria.

How Does Obi Cubana Make Money?

He earns money from different types of businesses. Here are the main ways he makes his income:

1. Hospitality and Entertainment
   He owns the Cubana Group, which manages many hotels, bars, and nightclubs in Nigeria. These places are very popular and attract celebrities and wealthy people. Some of his businesses include:

• Cubana Nightclubs
• Cubana Hotels
• Cubana Lounge and Bars
• These businesses are located in big cities like Lagos, Abuja, and Owerri, where people love to party and have fun.
• Alcohol and Drinks
  Obi Cubana has his own drink brands, including:
  • Odogwu Bitters (a herbal drink popular in Nigeria)
  • Cubana Whiskey
  • Cubana Wines
• These drinks are very successful and are sold all over Nigeria.
• Event Management
  Through his company Cubana Events, Obi Cubana organizes big parties and events for wealthy clients. These events are often very grand and luxurious, and they bring him a lot of money.
• Real Estate
  He is also involved in buying and selling properties. He owns many luxury houses in cities like Abuja, Lagos, and Owerri. Real estate is one of his biggest sources of income because properties in Nigeria are very expensive.

What Are His Assets?

He owns many expensive things, including houses, cars, and jewelry. Here are some of his most notable assets:

1. Luxury Houses
   Obi Cubana owns beautiful mansions in cities like:
   • Abuja
   • Lagos
   • Owerri
2. These houses are big and luxurious, with modern designs and top-class features. Some of them even have swimming pools and private cinemas.
3. Cars
   Obi Cubana has a love for luxury cars. His car collection includes:
   • Rolls-Royce Phantom

• Bentley Continental GT
• Mercedes-Benz S-Class
• Range Rover SUVs

These cars are some of the most expensive in the world, showing his love for luxury and comfort.

1. Private Jets and Yachts (Rumored)
   There are rumors that He owns private jets and yachts, although this has not been confirmed. If true, these would add significantly to his wealth and luxury lifestyle.
2. Designer Jewelry and Watches
   He is also known for wearing expensive jewelry, including gold chains, diamond rings, and luxury watches from brands like Rolex. These items are not just accessories but also a symbol of his success.

Obi Cubana’s Net Worth in 2024

Obi Cubana’s net worth is estimated to be $96 million (N170 Billion in naira) . This wealth comes from his businesses in hospitality, entertainment, real estate, and drinks. He is also involved in partnerships with other successful companies, which brings in even more money.

What Makes Him Successful?

1. Hard Work and Vision
   He started small and worked hard to grow his businesses. He had a clear vision of what he wanted to achieve and focused on creating a brand that people trust and love.
2. Building a Network
   He is very good at building relationships. He is friends with many celebrities, politicians, and businesspeople. This network has helped him grow his businesses and stay ahead in the competitive Nigerian market.
3. Investments in Multiple Industries
   Instead of focusing on just one business, He invested in different industries like hospitality, drinks, and real estate. This diversity has helped him build a stable and growing income.

How He Spends His Wealth

He is known for living a luxurious lifestyle. He spends his money on:

1. Hosting Lavish Events
   He often hosts big parties and events, which are attended by celebrities and wealthy individuals. These events are famous for their luxury and grandeur.
2. Philanthropy
   He also gives back to society. He supports many charitable causes, including helping young entrepreneurs and providing scholarships for students. His generosity has made him a role model for many Nigerians.
3. Luxury Vacations
   He enjoys traveling to exotic destinations with his family and friends. His vacations often include private jets, five-star hotels, and luxurious experiences.

In Summary

• • Obi Cubana is a perfect example of hard work and success. From owning popular nightclubs to creating his own drink brands, he has built a business empire that continues to grow. With an estimated net worth of $96 million (N170 Billion in naira) in 2024, Obi Cubana is not only one of the richest men in Nigeria but also an inspiration for young entrepreneurs.
  • His investments in hospitality, real estate, and entertainment have set him apart as a leader in his field. Beyond his wealth, Obi Cubana is known for his generosity and love for luxury. He has shown that with hard work, vision, and determination, success is achievable.