Cletus Ibeto Net Worth: $3.7 Billion Dollars

Cletus Ibeto net worth

Cletus Ibeto is a Nigerian businessman with an estimated net worth of $3.7 billion dollars. He was birthed on the 6th of November, 1952 and hails from the city of Nnewi.

Cletus heads and leads the Ibeto Group which is worth over $5 billion dollars. The Ibeto Group happens to be the largest business Nnewi business venture.

The city of Nnewi is known for sprucing enterprises and entrepreneurs like Cletus M. Ibeto across the nation.

It (the city of Nnewi) experienced rapid growth in the 1980s when the manufacturing arms of Nigeria plummeted as an aftermath of the oil crash and complex import licensing policy that emerged.

The Ibeto Group exploited just enough opportunities at the time to be seen as a reliable trading and manufacturing brand in Nigeria.


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