{"id":74668,"date":"2022-06-21T16:55:06","date_gmt":"2022-06-21T15:55:06","guid":{"rendered":"https:\/\/buzznigeria.com\/?p=74668"},"modified":"2023-04-14T11:57:59","modified_gmt":"2023-04-14T10:57:59","slug":"peter-obi-net-worth-how-rich-is-the-politician","status":"publish","type":"post","link":"https:\/\/buzznigeria.com\/peter-obi-net-worth-how-rich-is-the-politician\/","title":{"rendered":"Peter Obi Net Worth: How Rich is the Politician?"},"content":{"rendered":"

Peter Obi’s net worth is estimated at $10 million. His wealth comes mainly from his several business endeavors and his career as a politician.\u00a0Obi served two terms as the governor of Anambra State from 2006 to 2014. Prior to his career in politics, he was a successful businessman, holding several managerial positions in various companies and firms. The former governor has grown both in the business world and in the political landscape, gathered fame as well as a fortune for himself and his wealth affords him nothing short of a good life.<\/p>\n

How Peter Obi\u2019s Net Worth of $10 Million Came About<\/strong><\/h2>\n

There is no doubt that Peter Obi’s net worth came from the investments and businesses he engages in. According to Obi, he started as a trader before and during the time he was still in the university. Being born into a family of traders, he found himself engaged in some petty trading to sustain himself in his younger years.<\/p>\n

After he graduated from the University of Nigeria Nsukka in 1984, Peter joined the corporate world. He held different leadership positions in some private establishments and banks in the country. Some of these companies include Next International Nigeria Ltd, Guardian Express Bank Plc, Chairman of Fidelity Bank Plc, Chairman and Director of Guardian Express Mortgage Bank Ltd, Future View Securities Ltd, Data Corp Ltd, Card Centre Ltd, Paymaster Nigeria Ltd, and Chams Nigeria Ltd.<\/p>\n

\"Peter
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The businessman turned politician is famed for his prudence in resource management and finance. He is seen as the most disciplined Nigerian politician without proof of a corruption record. Peter Obi is considered the most successful and talked-about politician in Nigeria because of his modesty and views of Nigerian politics. It is worthy to note that his political journey is thrust strongly on his belief in justice and rule of law.<\/p>\n

Peter Obi Ventured into Politics in 2003<\/strong><\/h3>\n

For Peter Obi, politics is a serious business that must work together with the development of a country. With an intention to make his home state Anambra one of the best in Nigeria, he entered into politics in 2003. He contested the Anambra State gubernatorial election under the All Progressive Grand Alliance (APGA) party. His opponent, Chris Ngige of the People’s Democratic Party (PDP) was however declared the winner of the election by the INEC.<\/p>\n

Peter Obi recoursed to the court and on 15th March 2006, after almost three years of litigation, Chris Ngige’s victory was overturned by the Court of Appeal. Obi was sworn in on 17th March 2006 but after seven months in office, on 2nd November 2006, he was impeached by the house of assembly, and his deputy Dame Virginia Etiaba took over office, making her the first-ever female governor in the history of Nigeria.<\/p>\n

Peter Obi proceeded to the court to challenge his impeachment and indeed came out successful. On 9th February 2007, he was reinstated as the governor by the Court of Appeal, and Dame Etiaba handed over power back to him after the court ruling. Yet again, Peter left office on 29th May 2007 following the general election which Andy Uba of the PDP won. Obi did not relent but went back to the court again.<\/p>\n

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A post shared by PETER OBI (@peterobi_solidarity)<\/a><\/p>\n<\/div>\n<\/blockquote>\n