OBI CUBANA NET WORTH 2021: All You Should Know About His Arrest, Biography and EFCC Controversies [FULL GIST]

OBI CUBANA NET WORTH 2021, BIOGRAPHY,  ARREST AND RELEASE CONTROVERSY

Obi Cubana net worth

Social media went agog yesterday following the arrest of Celebrity socialite and businessman, Obinna Iyiegbu (aka Obi Cabana) who was later released after spending about 24 hours in the custody of the Economic and Financial Crimes Commission, EFCC, in Abuja.

Onwumelu Valentine, the businessman’s friend and colleague, announced this via his Instagram page yesterday evening.

“Thank u, Jesus!! @obi_cubana is free. We gat Jesus!!! Dis Dance is for all my fans. I love u all,” Onwumelu Valentine, the businessman’s friend and colleague, announced this via his Instagram page yesterday evening.

Following his release, the 46-year-old nightlife promoter also confirmed his release in a terse post via his Instagram page, assured his fans that he remains "Unbroken"

“Okpataozueora! I love you all! Unbroken #manoftheyear2021,” he wrote.

Vanguard NG however stated that Cubana was released on administrative bail while also emphasizing the fact that a top source explained that although the anti-graft agency plans to prosecute Cubana for sundry economic and financial offenses, but the trial would not commence any time soon.

“The trial of the businessman and socialite is not taking place immediately. We will put all things in place before the prosecution begins,” the official hinted.

Asked why the trial would not commence at once, the source said there were many issues for which Obinna would be charged.

 

Among the charges are those bordering on abuse of the naira, tax fraud and money laundering based on what the source called “verified business transactions.”

It will be recalled that the EFCC had on Monday invited the businessman to its head office to answer questions on sundry issues, which the agency merely classified as tax fraud and money laundering but declined to give specifics, apparently to avoid jeopardizing the probe.

That being said, we all at A2B have compiled here for you the biography, current net worth of the Billionaire businessman, Obinna Iyiegbu by gathering various resources from different credible online platforms.

Real name: Obinna Iyiegbu

Date of birth: April 12, 1975

Country of Origin: Federal Republic of Nigeria

Source of Wealth: Businessman

Net worth: $96 million

Wife: Mrs Ebele Iyiegbu

Children: Alex, Ifeanyi, Ebube, Kosisochukw.

OBI CUBANA BIOGRAPHY

Obinna Iyiegbu popularly known as Obi Cubana is a Nigerian-Based businessman, entertainer, entrepreneur, philanthropist, and a show killer, he is the chairman and the owner of the popular Cabana groups, Obi Cubana was born 12th April 1975, and he is currently 45 Years Old as of this year 2020. Obinna Iyiegbu best known as OBI CUBANA is from Oba, a community in Demili-South Local Government Area in Anambra State, Nigeria.

OBI CUBANA EDUCATION BACKGROUND

Obi Cabana attended Central Primary School where he obtained his First School Leaving Certificate. He proceeded to Dennis Memorial Grammar School Located in Onitsha where he obtained his West Africa Senior School Certificate(WAEC).

In 1998, after completing his primary and secondary school education, Obi Cubana proceeded to the University of Nigeria where he obtained a degree in Political Science from the University of Nigeria Nsukka. In 2006, Obi Cubana started his first club Ibiza Club in Abuja seeking to satisfy fun seekers and nightlife lovers. Following the remarkable progress he made from the Ibiza Club, he established the Cubana group, a hospitality club that provides all-around entertainment satisfaction in 2009. Cubana group was first established in Owerri, Imo state capital Nigeria. Today, Cubana has spread across various states in the country including Lagos, Abuja, and Enugu.

List of Cubana Group businesses and establishments

Rolex Hotels – Lagos

Cubana Leisure Outfits

Pablo Cubana – Lagos

Crave Cubana – Abuja

Grand Cubana Hotels – Abuja

Opium Cubana – Owerri

Cubana Night Clubs – Lagos

Gustavo Cubana- Enugu

Obi Cubana works with close associates including Paschal Okechukwu popularly known as Cubana Chief Priest to manage his entertainment conglomerates around the country. Obi Cubana in a recent interview revealed that he is currently working on Cubana Dubai and Cubana Real Estate.

Obi Cuban Personal life

In 2008, Obi Cubana got married to his beautiful wife, Ebele Iyiegbu who is a Lawyer by profession, and their union is blessed with four sons. She calls herself the mother of boys. Obi Cubana is married to Ebele Iyiegbu who is the founder and owner of the KIEK foundation, a non-governmental organization established with the aim of improving the lives of the less privileged children in our society through quality education, healthcare, nutrition, and child’s rights governance.

Obi Cubana Wife

Billionaire businessman, Obi Cubana has revealed that he met his wife when he was staying in a one-room boys quarters in the Federal Capital Territory, Abuja.

Ebele Iyiegbu serves as the director at Casa Cubana homes, Founder/ CEO at The KIEK Foundation, and Legal Partner at Bryan Micheals & Associates. Obi Cubana and his wife Ebele tied the knot in 2008, they have four children together, all boys, Alex, Ifeanyi, Ebube, Kosisochukwu, Ebele was born in 1979, Obosi, Anambra State.

Obi Cubana Net Worth

Obi Cubana is currently one of the richest and the most influential personalities, entertainers, show promoters, and entrepreneurs in Nigeria, his net worth is estimated to be $96 million. This is based on his income, properties, and asset.

Obi Cubana Awards

Obi Cubana has won several awards and recognition across the country, it is expanding its reach across Nigerian borders and also outside Nigeria. Some of the awards Obi Cubana have been won includes;

*Democracy Heroes Award 2018 as Democracy Entrepreneur of the year.

*The RightVille School special leadership Award, May 2017

*Ghana-Nigeria Achievers Award 2017 as Inspiring Personality Award, 2017

*Northern Nigeria Peace Summit/Award 2017 as Northern Nigeria Peace Builder of the year 2017

*Nigeria Film corporation Entertainment as Icon Award 2017

*Young Entrepreneur of the year 2016

Obi Cubana Cars

Two Lexus LX (from ₦36.6 million)

He and his wife own one each, this is the car they use for their family time out when going for a trip, it is a nice spacious SUV and it has the following features. A 5.7-liter V8 with 403 lb-ft of torque3 adds to the power behind the prestige, With a commanding stance and eye-catching LED illumination, the LX dominates with style and grace. The LX offers a bird’s-eye view of the vehicle’s surroundings19 for added safety and peace of mind

Mercedes Benz 4matic S450 (from ₦38 million)

This is his personal car, he has seen around with the car most time as he says he likes the car because it’s simple.it has the following features. The S450 4Matic is identical to the regular S450, but with the addition of all-wheel-drive and without the option of Magic Body Control. This means that it can accelerate slightly more quickly, but the negative impact lies in fuel economy and ultimate comfort.

Obi cubana Range Rover (from ₦26 million)

The car has been spotted with obi Cubana’s wife severally as she uses it to her office and other important places. It has the following features, delivers an exceptionally refined experience and leading Range Rover Sport capability both on- and off-road. PHEV takes the Range Rover Sport from 0-60 mph in just 6.3 seconds and on to a top speed of 137 mph. Check Mercedes Benz 4matic S450 for sale in Carmart.ng

Obi Cubana Rolls Royce Phantom  (from ₦176 million)

The Phantom is particularly well suited to wafting when allowing delicate throttle and turning inputs. It's an understatement to say the trip is smooth; imagine being pulled around on a fluffy cloud.

The Phantom virtually floats above the lane, thanks to a pothole-spotting camera that aids the suspension's real-time adaptation to road imperfections.

It's a sensory-deprivation cocoon reminiscent of a bookstore that leaves you feeling like a member of the Royal Family.

A silky 563-hp twin-turbo V-12 coupled with an eight-speed automatic and rear-wheel drive delivers massive power.

Who is the owner of Cubana?

Nigerian Billionaire, Obinna Iyiegbu popularly known as Obi Cubana owns the highest shares for Cubana Group – Africa’s Most Palatial Ecstatic Hospitality Brand.

Obi Cubana House

Obi Cubana has a millionaire worth mansion which he recently completed. The interior decor of this mansion is mouth-watering and almost beyond the normal standards of a palace. This bespoke mansion has a private cinema, also an underground wine cellar, a private pool, and several other amenities in the mansion

Obi Cubana mum’s burial

The Nightlife entrepreneur was said to have gotten 346 Cows, 72 Goats, 20 Rams for Mother’s Burial, Mr. Obinna Iyiegbu has not stopped receiving gifts from his friends, employees, and those he has supported through life, It was earlier reported that Obi got 46 cows from his former employee Cubana Chiefpriest and 10 cows from his old time friend and young billionaire Jowi Zaza.

Obi Cubana mansion in Abuja

Cubana Group Boss has a new mansion worth billions of naira with world-class designs and interior in Abuja, Obi recently invited friends over for a tour.

Video of the new mansion which is nearing completion was shared on Snapchat by oil tycoon, Joseph Ezeokafor popularly known as Jowizazaa. It features a private cinema, an underground wine cellar, a private pool, and many others.

Conclusion

Obi cabana is a businessman that has achieved a lot so far but still has a great personality and likes to keep a low profile life, he has just a few cars and a lot of assets.

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Credits:

VanguardNG

NaijaAuto

CarMart