Segun Adebutu Net Worth: $175 Million Dollars

Segun Adebutu is a Nigerian economist, businessman and philanthropist with an estimated net worth of $175 million dollars. He has experience and close interests in Shipping, Agriculture, Oil & Gas, Real Estate, and Entertainment.

He was birthed as Olusegun Oladiran Adebutu into the home and family of Mr. Kensington Adebukunola Adebutu and Mrs. Caroline Oladunni. His father, Kensington Adebukunola is a native of Iperu Remo, Ikenne LGA in Ogun State, Nigeria.

Mr. Kensington Adebukunola is the chairman and founder of Premier Lotto Nigeria Limited. His mother, Caroline Oladunni is a native of Odogbolu, Ogun State, Nigeria. Segun Adebutu is the CEO and also the residing chairman of Petrolex Oil & Gas Limited.

The Oil & Gas company, Petrolex, builds currently the second largest oil refinery in Sub-Saharan Africa, which is the largest petroleum depot in Nigeria. The refinery and petroleum depot is being built in Ogun State, Nigeria.

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He operates as both the Executive Director and a member of the Board of his father’s company, Premier Lotto Nigeria Limited, and also holds the position of the Chairman at the Bluebridge Marine and Oladiran Agro-allied Company.

He founded Baseline Records, a topnotch music recording label in Nigeria, as his entertainment domain and gateway. The record label has signed a couple of popular names in the music industry, including Skales and several others.

He’s staggeringly clever as he graduated with a Bachelor’s Degree in Economics from the University of Ibadan, Oyo State, Nigeria.

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