Ngozi Okonjo-Iweala Net worth

Net Worth:$49.3 billion
Date of Birth: June 13, 1954 (70 years old)
Gender:Female
Height: 5'ft 7"(1.8 m)
Profession: Economist and former Nigerian Minister of Finance
Nationality:Nigerian-American

What is Ngozi Okonjo-Iweala’s net worth? How does Ngozi Okonjo-Iweala make his money? Below is the current net worth of Ngozi Okonjo-Iweala and how Ngozi Okonjo-Iweala makes his money.

What is Ngozi Okonjo-Iweala’s Net Worth?

Ngozi Okonjo-Iweala is a Nigerian-American international development expert, global finance expert, and economist. who has a net worth of $ 49.3 Billion. She is the number seventh Director-General of the World Trade Organization (WTO). She took over office on 1 March 2021, becoming the first woman and the first African to serve as Director-General. Her term of office expires on 31 August 2025.

Early Life

Okonjo-Iweala was born in  Delta State, Ogwashi-Ukwu LGA, Nigeria, where Professor Chukwuka Okonjo her father was the King(Obi) of the Obahai Noble family of Ogwashi-Ukwu.

Okonjo-Iweala attended Queen’s School, Enugu, International School Ibadan, and St. Anne’s School, Molete, Ibadan.  In 1973, she left for the US as a teenager to study Economics at Harvard University and graduated magna cum laude with an AB in Economics in 1976.

She earned a master’s degree from the Massachusetts Institute of Technology in city planning in 1978 and her Ph.D. in regional economics and development in 1981, with a  thesis on Nigeria’s agricultural development, Credit policy, and rural financial markets from the same institute.  She received an international fellowship from the American Association of University Women (AAUW), which supported her studies as a doctorate.

Career

Dr. Okonjo-Iweala is well-known as the first woman to hold two positions both as Nigeria’s Finance Minister (the first tenure lasted from 2003-2006, and her second tenure from 2011-2015), and as Foreign Minister in 2006 briefly.

Sequence to her role as a Finance Minister, she is actively involved in trade negotiations with other countries in West Africa and contributed to the improvement of Nigeria’s trade policy enabling it to enhance its productivity and sustainability.

Her 25-year career started at the World Bank in Washington DC as a development economist and rose to the second position of Managing Director, Operations.

As a Managing Director, she oversees responsibility for the World Bank’s $81 billion operational portfolio in Africa, Europe, South Asia, and Central Asia.

Okonjo-Iweala headed different World Bank initiatives to help impoverished countries during the financial crisis and during the 2008-2009 food crises.

After several years of working and studying in the US, Okonjo-Iweala became a US citizen in 2019.

Personal Life

Dr. Okonjo-Iweala is married to a neurosurgeon Professor Ikemba Iweala from Umuahia, Abia State, Nigeria. They have four children one daughter, Onyinye Iweala, and three sons, Uzodinma Iweala, and three grandchildren.

Awards

Okonjo-Iweala has gotten numerous recognition and awards. Which are;

shortlisted as one of the 50 Greatest World Leaders (Fortune, 2015),

She is also among the Top 100 Most Influential People in the World (TIME, 2014),

She is among the Top 100 most inspiring people in the World  (Women Deliver, 2011).

In 2021, she received Award as a “Champion for Global Change” from the United Nations Foundation which was a Global Leadership Award.

Books and Articles

She is the author of numerous articles and several books, including

Real Lessons, Real Lives,co-authored with Julia Gillard (Penguin Random House, July 2020); Women and Leadership.

(Foreign Affairs, April 2020); Finding A Vaccine is Only the First Step.

The Story Behind the Headlines (MIT Press, 2018); Fighting Corruption is Dangerous.

Lessons from Nigeria, (MIT Press, 2012); Reforming the UnReformable.

(Commonwealth Education Report 2019); Mobilizing Finance for Education in the Commonwealth

An essay on financial inclusion for African Small Holder Farmers (Foreign Affairs, 2015); Shine a Light on the Gaps.

Licit and Illicit Financial Flow from Developing Countries (Horizons Magazine, 2016),; Funding the SDGs.

Towards a Sustainable Debt Strategy (Africa World Press, 2003); The Debt Trap in Nigeria.

She also co-authored Teacher of Light with Tijan Sallah the book Chinua Achebe: t (Africa World Press, 2003).

Real Estate

Dr. Okonjo-Iweala and her husband have a home in Potomac Maryland near Washington DC.

 

 

 

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