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Cletus Madubugwu Ibeto Net Worth 2023 And Biography



Cletus Madubugwu Ibeto Net Worth And Biography

Cletus Madubugwu Ibeto Forbes Net Worth: Cletus Madubugwu Ibeto is a Nigerian business magnate, investor, capitalist and CEO at Ibeto Group, Cletus Ibeto net worth is estimated at $3.8 billion dollars, which makes him one of the richest Igbo business in Nigeria.

Cletus Ibeto Profile

  • Name: Cletus Madubugwu Ibeto
  • Birth Date: 6th, November, 1952
  • Birth Place: Anambra State
  • Age: 68 years old
  • State Of Origin: Anambra State
  • Nationality: Nigerian
  • Stats: Active
  • Source Of Income: Chairman Ibeto Group
  • Net Worth: $3.8 Billion Dollars
  • Religion: Christianity
  • Ethnicity: Nigerian
  • Education: Updating Soon
  • Siblings: Updating soon
  • Marital Status: Married to his second wife
  • Children: 3 children
  • Salary: over 100 million annual salary.

Cletus Ibeto Biography

Born Cletus Madubugwu Ibeto better known as Cletus Ibeto is a Nigerian billionaire business mogul from the commercial city of Nnewi, Anambra State, Nigeria, Where he was given birth to on 6th, November, 1952. The billionaire business magnate is currently 68 years old as of the time of this post. He is head of The Ibeto Group, the largest business enterprise from Nnewi.

Cletus Ibeto Business Career

Cletus Ibeto started out as a spare parts import dealer, In March 1988 he stopped direct importation of lead-acid automotive battery and plastic motor accessories, and establish his own factory in Nnewi, Nigeria. By 1995 The Ibeto Group had grown to become one of the largest auto spare parts manufacturing outfits in Nigeria, Then the market was not highly competitive and He took advantage of that to grow wider.

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On October 2, 1996, he established Ibeto Petrochemical Industries Ltd. which primarily engaged in the blending of oil lubricants as well as the production of various types of petroleum products for local and international markets. He is also the owner of a popular indigenous cement known as Ibeto Cemet. Aside Dangote and BUA, Ibeto is one of the most widely used cement for construction work in Nigeria.

Who Cletus Ibeto Married To?

Cletus Ibeto was formally married to a woman who had three children for, However they both got separated, He is currently married to Augustina Ifeyinwa Okpala who he got married to in December 2012.

Cletus Ibeto Net Worth

Cletus Ibeto is currently one of the richest and most influential businessmen in Nigeria, with an estimated net worth of $3.8 billion dollars.

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Mike Cannon-Brookes And Scott Farquhar Net Worth And Biography: How Scott Farquhar And Mike Cannon-Brookes Each Earned $10 Billion From A Random Australian Software Company




mike cannon-brookes and scott farquhar net worth And Biography

We had bring you mike cannon-brookes and scott farquhar net worth: mike cannon-brookes and scott farquhar are business partner in Australia together they worth over $24billion dollars, making them among the richest men in Australia Now let’s look into their profille

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When Scott Farquhar was 11 years old, he really really wanted a computer. The year was 1990 and he was the oldest of four kids in a working-class family in Sydney, Australia. The recession of the early 1990s meant it took a couple of years for his dream of a computer to come true. His dad found and bought an old Wang computer that was so old it couldn’t run MS-DOS. Farquhar spent a year trying to get that old computer to play the games he wanted to play. He wouldn’t be exposed to computers again until he got to college.

mike cannon-brookes and scott farquhar net worth And Biography

On the other side of Sydney, Mike Cannon-Brookes was getting settled in Australia after being born in the U.S., moving to Taiwan at six months old, Hong Kong at three years old, and then being sent to school in England. He bought his first computer with frequent flyer points he saved up flying back and forth between his family in Australia and school in England four times a year. His parents were fans of Apple and had Macs. He wanted a PC. In 1991, before the world wide web, Mike convinced his parents to install the internet at home.

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In 1998, Farquhar and Cannon-Brookes landed at the University of New South Wales together. They were both 18 and studying in the same business information technology program. They met the very first day of college. They were both scholarship kids and bonded over their shared love of computers.

mike cannon-brookes and scott farquhar net worth And Biography

Mike Cannon-Brookes (L) and Scott Farquhar (R), (Photo by Kelly Sullivan/Getty Images)

In June 2001, Cannon-Brookes sent Farquhar an email inviting him to co-found a company with him. He sent the email, which said: “Bored of studying, Atlassian is far more interesting,” to a handful of classmates. Farquhar was the only person to say yes. Their original goal was to make $48,500, which was what accounting graduates made at the time.

Once Farquhar and Cannon-Brookes graduated from college, they founded Atlassian with $10,000 of credit card debt. The first two years they were in business they were in survival mode, only making $15,000 salary each. Their timing wasn’t great. The dot-com bubble had just crashed. Farquhar took a short consulting gig in Amsterdam in order to afford the time Cannon-Brookes needed to write code. Their first employees were mostly their college classmates. After all, they knew they were smart. The company has been cash-flow positive from the outset. It took no outside investment for the first eight years. Atlassian has never had funding but it has had two big investments. They sold 20% of Atlassian to Accel Partners for $60 million in 2010. They’ve also given equity to staff. In 2014, T. Price Rowe and Dragoneer Investment Capital purchased about 6% of the company from Accel and a few employees. That deal valued Atlassian at $3.3 billion.

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mike cannon-brookes and scott farquhar net worth And Biography

The Atlassian offices feature the usual perks of a tech startup with catered meals and other perks. Farquhar’s strategy is to try and make it so his employees never want to work anywhere else. And if they leave Atlassian—he wants them to regret it.

Atlassian develops products for software development, content management, and project management. In 2019 they posted a revenue of $1.21 billion and the company has more than 3,600 employees. Scott Farquhar and Mike Cannon-Brookes were named Ernst & Young’s Entrepreneurs of the Year in Australia in 2006. Atlassian has been profitable for every single quarter since it was founded. Atlassian’s customers include Audi, Virgin Media, and NASA.

Outside of work, Farquhar and Cannon-Brookes have a lot in common. They are both 41. They were the best man at each other’s weddings. Farquhar’s wife Kim Jackson is an investment banker. Cannon-Brookes’ wife Annie Todd is a fashion designer. Farquhar and Jackson have three kids. Cannon-Brookes and Todd have four kids. In 2018, Cannon-Brookes bought Fairwater, the most expensive house in Australia for about $100 million. The house is right next door to Farquhar’s $75 million house called Elaine.

mike cannon-brookes and scott farquhar net worth And Biography

From the very start of their business, they wanted to do more than just create software. So they pledged 1% of equity to charity back when the company was brand new. That 1% stake is worth tens of millions today. The Atlassian Foundation also gets 1% of profit and 1% of employee time as well as donates software licenses to non-profits. Atlassian is one of the biggest donors to Room to Read, a U.S.-based charity that builds schools and libraries in developing nations.

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mike cannon-brookes and scott farquhar net worth And Biography

In nine years, Farquhar and Cannon-Brookes will be 50. At this point in their lives, they’ve known each other longer (22 years) than they lived before they met (18 years). In a 2014 interview, Farquhar said he couldn’t imagine reaching 50 or what he’d be like at half a century old. What he did know is that he wants to get more involved in philanthropy and see how much good the Atlassian Foundation can do. With a $10 billion net worth each, the sky is the limit in Farquhar and Cannon-Brookes’ desire to have a positive influence in the world.

mike cannon-brookes and scott farquhar net worth

mike cannon-brookes and scott farquhar are currently among the top 5 richest men in australia, with an estimated net worth of $24 billion dollars as of 2020

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Chinese Billionaire Wu Yajun Forbes Net Worth




Wu Yajun Net Worth:Wu Yajun is a Chinese billionaire businesswoman, and the world’s richest self-made woman, Who has a net worth of $16.7 billion dollar. She is the co-founder, chairwoman, and former CEO of Longfor Properties.

Wu Yajun a Chinese billionaire went from making $16 per month in a factory to being one of the world’s richest self-made women with an $8.3 billion real-estate empire

Wu Yajun is chairman and largest shareholder of Longfor Properties, a Chinese developer of commercial and residential property. The Beijing-based company operates in more than 60 cities under brands including Paradise Walk, Starry Street and Moco. It reported revenue of 151 billion yuan ($21.9 billion) in 2019.

  • Wu Yajun went from making $16 a month in a factory to being one of the world’s richest self-made women .
  • Wu is worth $8.38 billion , according to Bloomberg’s Billionaires Index.
  • The Chinese billionaire made her fortune after cofounding real estate development company Longfor Properties in the early 1990s with her then-husband.
  • She stepped down as chairperson of her company in November 2018 and handed her shares over to her daughter.

Wu Yajun Forbes Net Worth

Wu Yajun is currently one of the richest and the most influential business woman in Asia, With an estimated net worth of $8.38 Billion.

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Hassanal Bolkiah the Sultan and Yang di-pertuan of Brunei Net Worth




Hassanal Bolkiah Net Worth: Hassanal Bolkiah who has a net worth of $20 billion dollars, is the current Sultan and Yang di-pertuan of Brunei, as well as the Prime Minister Of Brunei , making him one of the last absolute monarchs.

Hassanal Bolkiah has a net worth of $20 billion dollar and a total of 7,000 cars in his garage.

Hassanal Bolkiah the Sultan of Brunei Forbes Net Worth

He is the 29th and current Sultan and Yang di-Pertuan of Brunei, as well as the Prime Minister of Brunei. After Queen Elizabeth II, the sultan is the second longest-reigning monarch in history. Brunei is the sovereign state located on the North Coast Of the island of Borneo in the Outhouse East Asia.

Born on 15 July 1946 in modern-day Bandar Seri Begawan – the capital city of Brunei, He was given the title of Crown Prince Hassanal Bolkiah. He was born into the family of a 600 year-old dynasty of rulers, of which he was soon to be leader.

He was educated in Kuala Lumpur, Malaysia, at The Victoria Institution, an all-boys secondary school, Which is thought to be one of the most prestigious secondary schools in the region.

Hassanal Bolkiah the Sultan of Brunei Cars

Apart from Royalty, he is a lover of real beautiful exotic automobile with a collection of Seven Thousand Cars in his garage. Below is the breakdown of cars in his garage:

  • 604 Rolls Royce’s
  • 574 Mercedes Benz
  • 452 Ferrari’s
  • 209 BMW’s
  • 179 Jaguar’s
  • 134 Coenigsegg’s
  • 21 Lamborghini’s
  • 11 Aston Martin’s
  • 1 SSC
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All of his cars are bulletproof and feature state of the art technology. Mercedes Benz brand made specially custom made cars for him. This means there is only one of the kind in the whole world and it belongs to the Sultan. The Sultan also has a gold plated Mercedes Benz car in his collection. With 450 Ferrari’s the Sultan is one of top collectors of Ferrari in the world. His love for the super luxurious cars is so great that he ordered his servant to keep a Rolls Royce in front of his palace with the Engine running 24/7 just in case he needs to go out in a hurry. the total worth of his cars is said to be around $6.4 billion dollars and has a Net Worth Of US$20b He has five Sons and Seven daughters.

Hassanal Bolkiah the Sultan of Brunei Forbes Net Worth

The Sultan may no longer be the richest person in the world, but as the head of an oil-rich country and the world’s second longest-serving monarch, Forbes puts the Sultan’s net worth at $20 billion (£15bn) in 2011. However, with a car collection alone that’s reputed to be worth nearly $6.4 billion (£5bn), this seems like a conservative estimate. The only other monarch who trumps him is the King of Thailand Bhumibol Adulyadej, with a personal fortune of $30 billion (£23bn) according to Time.

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