Segun Adebutu has an estimated net worth of $400 million dollars.
His net worth is set to increase in coming years, and he’s probably going to acquire and invest into more.
This public figure over the years have gotten himself actively engaged in the start-up of business ventures in different spheres including entertainment and petroleum.
Segun Adebutu is the founder and chairman of Petrolex Oil & Gas.
He has delved into other areas of specialization including the field of entertainment, he has invested time and money in shipping, real estate, agriculture, oil & gas, and construction.
He makes millions of dollars from these different streams and has a long chain of influence in Nigeria.
Segun Adebutu has invested in several corporations – business ventures which fall on from agriculture, shipping, petroleum, construction, and entertainment – which in turn brings in a greater ROI (Return of Investment) for him.
Segun Adebutu was born in Nigeria to Kensington Adebukunola Adebutu and Carolina Oladunni.
His father, Kensington Adebukunola Adebutu is from Iperu Remo, Ikenne Local Government in Ogun state, Nigeria.
Kensington is the Founder and Chairman of Premier Lotto Nigeria Limited.
His mother, Carolina Oladunni, is from Odogbolu in Ogun state, Nigeria.
He’s a mentally bright business mogul who studied and graduated from the University of Ibadan.
Segun Adebutu is the founder, chief executive officer and chairman of a resourceful petroleum company – Petrolex Oil & Gas.
The company, as reports have it, has the project of building the second largest Sub-Saharan African refinery in Ogun state.
The company also has the project to construct the largest petroleum depot in Nigeria, which also will be located in Ogun state.
As the son of Kensington Adebukunola Adebutu, he’s actively involved in his father’s company – Premier Lotto Nigeria Limited.
He is a member of the Board at Premier Lotto, and also serves as the executive director.
He’s the founder, financier, and chairman of a nonprofit, nonpolitical organization known as the Oladiran Olusegun Adebutu (OOA) Foundation.
The intelligent businessperson is also the Bluebridge Marine and Oladiran Agro-Allied Company, Oladiran Engineering & Trade Limited chairman.
Segun Adebutu is also into entertainment largely in Nigeria.
He’s the founder of Baseline Records – a music label which signed artistes like Saeon, and Skales after its establishment.
According to reports by Thenet.ng, Segun Adebutu spent over N450 million naira in starting up the music label, and signing artistes into it.
At the moment, Segun Adebutu is unmarried, and there’s no much news of him getting married soon.
He’s busy with lots of documents on his desk, appointments with business officials like himself, and also, the businessman is up to a lot of other activities essentially tied around his ventures.