Innocent Chukwuma is a Nigerian entrepreneur and the founder of an indigenous automobile manufacturing company, Innoson Vehicle Manufacturing. Innocent Chukwuma is one of the richest entrepreneurs in Nigeria today, and this post is going to be about the net worth, biography, and career of Innocent Chukwuma (also known as Innoson).
Innoson Net Worth: Biography, Profile & Age
BIRTH NAME: Innocent Ifediaso Chukwuma
BIRTH DATE: 1st October, 1961
STYLE RATING: 4.1%
DISPLAY NAME: Innocent Chukwuma
NET WORTH: $1 Billion Dollars
ENDORSEMENT DEALS: None Yet
Innocent Chukwuma Net Worth
Innoson or, as we originally know him, Innocent Chukwuma has an estimated net worth of $1 billion dollars. He’s a businessman and entrepreneur, most of his earnings are largely from his business endeavors as the founder and chief executive officer of Innoson Vehicles Manufacturing.
Innocent Chukwuma was born on the 1st of October, 1961. He’s the last born child into the Chukwuma Mojekwu family of 6 from Nnewi, Anambra state, Nigeria. He schooled and obtained both primary school and secondary school education at the Uru-Umudim Nnewi, Anambra state, Nigeria. After this, he wrote exams to school at the University, but failed to meet the required exams scores.
Innoson started his career years ago when he assisted his brother with selling at his Pharmacy. His brother, Gabriel, ran a medicine store and was getting help from Innocent. Soon after, Innocent started serving Chief Romanus Eze Onuuwka to have so could understand the business of trading properly.
Innocent learnt a lot from his boss, and returned to his brother with whom established a N3000 capital funded business named Gabros International. The capital, N3000, to fund the business was provided by Gabriel, and Innocent was in business with his brother.
Things changed when a billion dollar idea hit the entrepreneur, Innocent. He discovered motorcycles were very expensive, and only 40 assembled motorcycles were being imported due to lack of spaces in containers. Discovering this, he travelled overseas and began imported disassembled motorcycles to Nigeria.
With this idea, he was able to import 200 motorcycles in one container, and reassemble the motorcycles upon their arrival in Nigeria. He sold to customers 40% lower than the average price, and increased sales and profit like no other competitor in the field.
In 2007, he founded his own automobile manufacturing company, and that’s how Innoson Manufacturing Vehicle Ltd was birthed. The company has manufactured buses, fighter jet spare parts for the Nigerian military force, special utility vehicles, and trucks. Innocent Chukwuma happily married to Mrs Ebele Chukwuma and the union has been blessed with wonderful children since their wedding.
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