Jim Ovia Net Worth: $550 Million Dollars

Jim Ovia net worth

Jim Ovia is a Nigeria entrepreneur and business magnate with an estimated net worth of $550 million dollars. He is now often regarded as the godfather of Nigerian banking.

In 1990, Jim Ovia founded the now popular Zenith Bank Group; a group which metamorphosed by assets into the largest financial management institution and services provider in the whole of West Africa.

They also grew market capitalization to the top, above several other financial institutions in West Africa.

In 2009, Jim had to step down from the position of the Chief Executive Officer after 19 years of operating as the CEO, but still holds the largest individual share in the organization.

The successful entrepreneur went ahead to found Visafone, a Nigeria owned and manned mobile telecommunications company in 2007 which now has over a million subscribers in Nigeria. Jim Ovia literally owns and runs the company entirely.

The Nigerian billionaire Jim Ovia also owns Quantum and is the sole operator of the equity firm. Jim owns an exquisite real estate in Lagos State, precisely in Victoria Island and the well celebrated region of Ikoyi.

He's also a member of Honorary International Investor Council, Chairman at Cyberspace Network Limited and member of Digital Bridge Institute.

Jim Ovia has served in various positions at different organization including some NGOs (Nongovernmental Organization).

At a time he was the President of the Nigeria Internet Group from 2001 to 2003 and a member of the Governing board of LASU (Lagos State University).

He was appointed as a Redeemer's University For Nations Board of Trustees in Lagos State and a member of the Nigeria Investment Promotion Commissione Governing Board from years 1999 to 2007.

He founded the Youth Empowerment / ICT Foundation which seeks to empower the Nigerian youth and eradicate laziness and unemployment by motivating and empowering them with the aid ICT facilities and knowledge.

Jim Ovia is also the founder of the philanthropic organization which aims to provide the less privileged with academic scholarship - MUTSE (Mankind United to Support Total Education).

Jim Ovia is a staggeringly intelligent entrepreneur as he obtained a Master's Degree in Business Administration in 1979 from the University of Louisiana.

Jim also holds a B.Sc. Degree in the earlier mentioned course from the Southern University in Louisiana prior to obtaining his Master's Degree.