We brings you Atiku Abubakar Net Worth And Biography, Atiku Abubakar who has a net worth of over $4 billion dollars, is a Nigerian business mogul, politician, human developer, investor and a renown Philanthropist who is well known for his humanitarian services.
Aside from being known as a businessman, Atiku Abubakarwho was born 25 November 1946 is also a Nigerian politician who served as the Vice President of The Federal Republic of Nigeria from 1999 to 2007 under the presidency of Chief Olusegun Obasanjo. He had also ran as Governor of Adamawa State in 1990, 1997 and later, in 1998, being elected before becoming Olusegun Obasanjo’s running mate during the 1999 presidential election and re-elected in 2003.
Atiku Abubakar Profile.
Net worth: $4 Billion Dollars
Birth Name: Atiku Abubakar
Other Names: Atiku
Birth Date: November, 25th, 1946
Birth Place: Adamawa State
Age: 74 Years Old
|Jada, British Cameroons
now Jada, Nigeria
Father: Garba Abubakar
Mother: Aisha Kande
Known For: Business & Being Former Custom Boss
Source Of Income: Business
Education: Updating Soon
Siblings: Updating Soon
Weight: 80 kg
Shoe Size: N/A
Hair Color : Black
Eye Color: Black
Body Measurement: N/A
Marital Status: Married
Children: Blessed With Many Children
Social Media: Facebook, Twitter
Atiku Abubakar Biography.
Atiku Abubakar was born on 25 November 1946 in Jada, a village which was then under the administration of the British Cameroons – the territory later joined with the Federation of Nigeria in the 1961 British Cameroons referendum [Wikipedia].
Atiku was born to his father Garba Abubakar who was then a Fulani trader and farmer, and his mother was Aisha Kande. He was named after his paternal grandfather Atiku Abdulqadir who hails from Wurno, Sokoto State and migrated to Kojoli village at Jada, Adamawa State, his maternal grandfather called Inuwa Dutse migrated to Jada, Adamawa State from Dutse, Jigawa State.
Atiku Abubakar Net Worth
Atiku Abubakar became the only child of his parents when his only sister died at infancy. In 1957, his father died by drowning while crossing a river to Toungo, a neighbouring village to Jada.
Atiku’s father was opposed to the idea of Western education and tried to keep Atiku Abubakar out of the traditional school system. When the government discovered that Abubakar was not attending mandatory schooling, his father spent a few days in jail until Aisha Kande’s mother paid the fine.
At the age of eight, Abubakar enrolled in the Jada Primary School, Adamawa. After completing his primary school education in 1960, he proceeded and was admitted into Adamawa Provincial Secondary School, alongside 59 other students.
Atiku Abubakar Net Worth And Biography
Atiku graduated and obtained his West African Senior School Certificate Examination from Adamawa Provincial Secondary School in 1965, With grade three Performance in the West African Senior School Certificate Examination.
Following secondary school, Abubakar studied a short while at the Nigeria Police College in Kaduna. He left the College when he was unable to present an O-Level Mathematics result, and worked briefly as a Tax Officer in the Regional Ministry of Finance, from where he gained admission to the School of Hygiene in Kano in 1966.
He graduated with a Diploma in 1967, having served as Interim Student Union President at the school. In 1967 he enrolled for a Law Diploma at the Ahmadu Bello University Institute of Administration, on a scholarship from the regional government. After graduation in 1969, during the Nigerian Civil War, he was employed by the Nigeria Customs Service.
Atiku Abubakar has four wives and twenty eight children. Atiku explains: “I wanted to expand the Abubakar family. I felt extremely lonely as a child. I had no brother and no sister. I did not want my children to be as lonely as I was. This is why I married more than one wife. My wives are my sisters, my friends, and my advisers and they complement one another.”
Abubakar worked in the Nigeria Customs Service for twenty years, rising to become the Deputy Director, as the second highest position in the Service was then known; he retired in April 1989 and took up full-time business and politics. He started out in the real estate business during his early days as a Customs Officer. In 1974, he applied for and received a 31,000 naira loan to build his first house in Yola, which he put up for rent. From proceeds of the rent, he purchased another plot and built a second house. He continued this way, building a sizeable portfolio of property in Yola, Nigeria. In 1981, he moved into agriculture, acquiring 2,500 hectares of land near Yola to start a maize and cotton farm. The business fell on hard times and closed in 1986.
Atiku Abubakar Net Worth
“My first foray into agriculture, in the 1980s, ended in failure,” he wrote in an April 2014 blog. He then ventured into trading, buying and selling truckloads of rice, flour and sugar.
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Abubakar’s most important business move came while he was a Customs Officer at the Apapa Ports. Gabrielle Volpi, an Italian businessman in Nigeria, invited him to set up Nigeria Container Services (NICOTES), a logistics company operating within the Ports. NICOTES would later go on to become Intels Nigeria Limited and provide immense wealth to Abubakar. Abubakar is a co-founder of Intels Nigeria Limited, an oil servicing business with extensive operations in Nigeria and abroad.
Atiku’s other business interests are centred within Yola, Adamawa; and include the Adama Beverages Limited, a beverage manufacturing plant in Yola, an animal feed factory, and the American University of Nigeria (AUN), the first American-style private university to be established in Sub-Saharan Africa. He retired in April 1989 and took up full-time business and politics.
Atiku Abubakar Net Worth.
Atiku Abubakar is currently known to be one of the richest and most influential personalities in Nigeria, With an estimated net worth of over $4 Billion Dollars.