|Net Worth:||$1.6 billion.|
|Date of Birth:||December 21, 1960 (62 years old)|
|Profession:||politician, lawyer, and philanthropist.|
What is Ned Nwoko’s net worth? How does Ned Nwoko make his money? Below is the current net worth of Ned Nwoko and how Ned Nwoko makes his money.
What is Ned Nwoko Net Worth?
Ned Nwoko is a Nigerian politician, lawyer, and philanthropist who has a net worth of $1.6 billion. He is one of the most influential and wealthiest politicians in Nigeria.
From 1999 to 2003 he was a member of the House of Representatives representing Aniocha North-South and Oshimili North-South.
Early life / Education
On December 21, 1960, Prince Chinedu (Ned) Munir Nwoko was born into the Aniocha North Local Government in the Idumuje Ugboko Kingdom of the Nwoko Royal Family.
He was schooled at both his primary and secondary level in Nigeria but later moved to obtain his first degree at the University of Keele, Staffordshire in the United Kingdom to undergo Law and History as a course of study.
As time went on, Ned bagged a Doctorate degree in Letters (D.Litt) and was given an Honourary award from the University of Commonwealth College Belize, North America.
Ned Nwoko’s legal practice briefly started when he was qualified as a solicitor of the supreme court of England and Wales by the prosecution service crown.
He worked at Pascaldiers & Co Solicitors and Kumars Solicitors before establishing Ned Nwoko & Co Solicitors in London.
Ned worked as a Nigerian legal practitioner in the UK, Member of the Law Society, England and Wales, as a secretary general, and was visiting adviser, to the citizens’ advice bureau, based in London.
At the apex of his legal residence in the UK, he was well known as the best black lawyer of Africa who owned the biggest black law firm descent in England in the year 1995.
Ned’s return to Nigeria in December 1998 made a remarkable change, especially in the political sphere. He was given an appointment between 1999 and 2003 as a member of the House of Representatives representing the Aniocha / Oshimili federal constituency, by making an impressive showing in the legislative house.
Ned Nwoko is the Chairman of Project Tourism Nigeria and served as a member of the capital market and on the Vision 2010 Committee. In 2010, he also served on the External Committee of Vision as its Chairman.
Having many wives and being able to sustain them is a symbol of wealth in African society hence, Ned Nwoko is a Muslim with six wives and many children. His most notable wives are the remarkable actress and film producer Regina Daniels, and Laila Charania.
Ned Nwoko owns a lot of cars and has bought different kinds for his wives which makes it difficult to know the exact number of cars he has.
He is usually seen with a Rolls Royce costing N172, 903,500 on social media.
He owns a Falcon 7X private plane worth over $54 million. From the Dassault Falcon line, the jet is approximately 11, 020 kilometers.
Ned owns one of Nigeria’s largest mansions in his hometown. It is so large that it has a zoo with several kinds of animals. The estate also holds a livestock farm with over 5000 chickens.
It has an Olympic size swimming pool, two whole acres of palm trees, and a tennis court, it was nicknamed a castle in the sky.
Ned Nwoko has other properties in Nigeria, the United States, and France.
In 2019, Ned donated for the rehabilitation of failed portions of the road linking South Eastern Nigeria to the nation’s capital, Abuja a whopping sum of $273,000 (N100M).
Ned owns the Prince Ned Nwoko Foundation, where he contributes to the education and empowerment of youths of his constituency, senatorial district, and state.
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