{"id":67376,"date":"2021-05-11T14:12:18","date_gmt":"2021-05-11T13:12:18","guid":{"rendered":"https:\/\/buzznigeria.com\/?p=67376"},"modified":"2021-05-11T14:30:19","modified_gmt":"2021-05-11T13:30:19","slug":"net-worth-of-terry-wayas-multi-million-dollar-empire-and-his-befitting-house","status":"publish","type":"post","link":"https:\/\/buzznigeria.com\/net-worth-of-terry-wayas-multi-million-dollar-empire-and-his-befitting-house\/","title":{"rendered":"Net Worth of Terry Waya’s Multi-Million Dollar Empire and His Befitting House"},"content":{"rendered":"

Terry Waya, Kid Waya’s father with a net worth of $865,000 stands out as one of the richest men in Nigeria; a multimillionaire yet unknown to many until his son became famous on BBNaija season 5 in 2020.<\/span><\/div><\/div>\n

Also known as Mr. Versace, he hails from Benue State in the Middle Belt region of Nigeria. The businessman, philanthropist, consultant, lobbyist, and celebrity is highly respected among the political and elite business class across Nigeria and even beyond. He is a very influential socialite with his business enterprise spread all over the world. It is even argued that his net worth is more than the reported $865,000 because of his flamboyant lifestyle and connections.\u00a0<\/span><\/p>\n

A Look At The Businesses That Contributed to Terry Waya’s <\/strong>$865,000 <\/strong>Net Worth<\/strong><\/h2>\n

Tracing how he got rich; Terry relocated to Abuja from Kaduna in the late 1980s. In Abuja, he familiarized himself with the then military government and this gave him exclusive access and connection to the high and mighty in the country; as an astute businessman, this was all he needed to excel.<\/p>\n

By 1992, he had already started consulting for many private and multinational businesses as well as government agencies in Nigeria. One of which was rumored to be the company that built Transcorp Hilton, of course, this company had assets in various sectors in the Nigerian economy, including oil and gas, real estate, and the hospitality business.<\/p>\n

Also, as a friend of the military government, precisely that of General Sani Abacha’s regime (which is considered the most controversial military regime<\/a>); Mr. Waya executed contracts worth millions of dollars and pounds, which he used to set up various business ventures across the globe. It is also said that the military regime used him as a “conduit” for various secret financial transactions and this added more money to what he already had.<\/p>\n

But today, the military government is long gone and Terry Waya has instead come to be known as the owner of multiple successful business ventures. These businesses are scattered all over the country and also in various sectors.<\/p>\n

Real Estate – Banana Island<\/b><\/h3>\n
\"Net<\/a>
Mr. Waya and an aerial view of Banana Island<\/figcaption><\/figure>\n

He was a key figure in the construction of the famous Banana Island, in Lagos State, South-Western Nigeria. The island is an artificial island and a metropolitan area covering 1,630,000 square meters of land divided into 536 plots. During its construction, then minister of works General Adisa contracted Terry Waya for the project as revealed by Nigerian investigative journalist, Kemi Olunloyo<\/a>. Terry in turn hired the services of the Chagoury Brothers, a business move that gave him a significant stake in the island.\u00a0<\/span><\/p>\n

Transcorp Hilton Construction<\/b><\/h3>\n

Mr. Waya was instrumental in the construction of Transcorp Hilton and all its business subsidiaries in the hospitality industry. Because Terry isn’t so vocal about his business dealings, and like his other sources of income, how much he made from this deal is still unknown. Though it is believed to run into millions of dollars.<\/span><\/p>\n

Agriculture – Valley Agriculture and Food Company<\/b><\/h3>\n

Terry Waya is the Chief Executive Officer of Valley Agriculture and Food Company<\/a>. It is an Agro-Allied Business concerned with large-scale investments in livestock, food and beverage processing, agricultural technology, and other allied industries. The company prides itself on being at the forefront of establishing Africa\u2019s first future city focused on integrated livestock production, agriculture, and technology. When fully operational, they project to use 33, 000 acres of arable land for agriculture and create about 1,000 direct jobs.<\/span><\/p>\n

Politics<\/b><\/h3>\n

Another way it is believed Terry Waya makes money is via politics. He was a member of the then Advisory Committee of the All Progressive Council (APC) Women and Youth arm during the 2019 Presidential election. This hints that he is possibly very close to the President, Rt. Gen. Muhammad Buhari<\/a> and perhaps plays a vital role in the shadow government known as “The Cabal.” This group is believed to be the ones at the “helm of affairs” in the Nigerian government albeit behind the curtains. With the Godfather status, we can\u2019t help but kiss the ring.<\/span><\/p>\n

Terry Waya’s Net Worth Affords H<\/b>im<\/strong> a Lavish Lifestyle<\/b><\/h2>\n

On 3<\/span>rd<\/span><\/a> March 2021<\/a>, Terry celebrated his 60<\/span>th<\/span> birthday at Abuja, and in attendance were mainly individuals from the political circle like Orji Uzor Kalu, Bola Shagaya, Festus Keyamo, and James Ibori, amongst others. As always, his entire outfit was Versace custom made, and he treated his guests to the “Waya Standard” extravagant party, which is his trademark.\u00a0<\/span><\/p>\n

Terry is one of the richest men in Nigeria with connections all over the globe. Before the advent of social media, he covered front pages like Ovation because of his extravagant lifestyle<\/a>. His wealth is ranked among the likes of Dangote<\/a> and Otedola<\/a>. His lavish 40<\/span>th<\/span> birthday party was labeled \u201cMother of all Parties\u201d in the UK. The business magnate is usually seen in the company of Governors, Senators, Chief Executives, and high-ranking officials from all work of life. He once boasted that he only drinks water that is bottled in Paris.\u00a0<\/span><\/p>\n

\n
<\/p>\n
\n
<\/div>\n
\n
<\/div>\n
<\/div>\n<\/div>\n<\/div>\n
<\/div>\n
<\/path><\/g><\/g><\/g><\/svg><\/div>\n
\n
View this post on Instagram<\/div>\n<\/div>\n
<\/div>\n
\n
\n
<\/div>\n
<\/div>\n
<\/div>\n<\/div>\n
\n
<\/div>\n
<\/div>\n<\/div>\n
\n
<\/div>\n
<\/div>\n
<\/div>\n<\/div>\n<\/div>\n
\n
<\/div>\n
<\/div>\n<\/div>\n

<\/a><\/p>\n

A post shared by Terry Waya (@terrywaya)<\/a><\/p>\n<\/div>\n<\/blockquote>\n