Profile of Subomi Balogun:
Name: Chief Michael Olasubomi Balogun
Date of birth: March 9, 1934
Age: 89 years old
State of origin: Ogun state, Nigeria
Nationality: Nigerian
Profession: Banker and businessman
Net worth: $9 billion
Subomi Balogun Early Life
Chief Michael Olasubomi Balogun was born on March 9, 1934, in Ijebu-Ode, Ogun state, to Muslim parents. He later converted to Christianity during his secondary school years. After spending some time in Ogun state, he moved to Lagos.
Subomi Balogun Education
Subomi Balogun completed his primary and secondary school education, obtaining his first school leaving certificate and West African Senior School Leaving Certificate. He also studied Law at the London School of Economics.
Subomi Balogun Career
After working as a teacher in London, Subomi Balogun returned to Nigeria and joined the Ministry of Justice, Western region. He served as a parliamentary counsel in the federal ministry of Justice. Subomi joined the Nigeria Industrial Development Bank (NIDB) in 1996 and later served as the director of operations at ICON Ltd. He also founded City Securities, a stockbroking and issuing house. Around 1980, he established First City Merchant Bank, now known as First City Monument Bank (FCMB).
Subomi Balogun Philanthropy
Subomi Balogun is known for his philanthropic work. He has made numerous donations, including aiding in the building of schools and hospitals. He built a National Pediatric Centre in Ijebu-Ode, which he donated to the University of Ibadan's University College Teaching Hospital.
Subomi Balogun Death
Subomi Balogun passed away at the age of 89 on May 19, 2023, after a brief illness.
Subomi Balogun Personal Life
Subomi Balogun was married and had children.
Subomi Balogun Net Worth
Subomi Balogun's net worth has been estimated at $9 billion. He owned a fleet of exotic cars and vast real estate holdings in Nigeria and abroad.
Frequently Asked Questions (FAQs):
- Where is Subomi Balogun from? He hails from Ijebu-Ode in Ogun state.
- How old is Subomi Balogun? He was 89 years old.
- What is Subomi Balogun's net worth? His net worth has been estimated at $9 billion.
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