Simon Guobadia Net Worth: Simon Iyore Guobadia is a Nigerian-American entrepreneur and businessman best known as the founder and CEO of the SIMCOL Group and its connected enterprises. SIMCOL Group is a global supplier of petroleum products. The corporation primarily sells Bulk Fuel to governments and commercial businesses. Their offerings include both traditional petroleum products and renewable energy products.
Simon Guobadia is an entrepreneur who also dabbles in reality television and film production. Guobadia is best known for his involvement on the reality series Real Housewives of Atlanta. His significant feature production credits include Jail House Dogs (2012), Kill (2019), and Son of the South (2020).
Simon Guobadia Early Life
Simon Iyore Guobadia was born on June 2, 1964, in Nigeria, to Stanley Guobadia and Martina Guobadia. His father worked for the Nigerian Prison Services, where he rose through the ranks to eventually retire as the Assistant Director of Prisons.
Guobadia attended Loyola College, a Catholic-run boarding school in Nigeria’s Oyo State. He then went on to study at Government College Ughelli in Delta State, Nigeria. He dropped out before finishing his studies, however, and immigrated to the United States in 1982. Guobadia moved to the United States and enrolled at the University of the District of Columbia, where he pursued a career in accounting. In 1993, he received his BBA in accounting from the university.
Simon Guobadia Career
After graduating from the University of District Columbia, Simon Guobadia had a successful stint as a Certified Public Accountant. Guobadia worked as an accountant, financial auditor, software developer, and transactional tax consultant for several prestigious firms. He eventually left the corporate world so he could pursue his entrepreneurial ambitions.
SIMCOL Petroleum Limited Company, LLC was founded in 2007 by Simon Guobadia. The company is headquartered in Atlanta, Georgia. Guobadia spent the next few years establishing SIMCOL as a reputable global petroleum supplier. He would later make a number of investments both within and outside of the petroleum industry.
Guobadia’s empire currently includes the energy, entertainment, music, hospitality, and food and beverage industries. Among his significant Atlanta investments are The Republic, American Cut Steakhouse, DAS BBQ II, and an LDV Hospitality affiliate. He has also previously worked with Twelve Music and Publishing, Simon Paige Productions, and KES Entertainment Group. The latter was a collaboration with Akon, a well-known musician.
Simon Guobadia’s Net Worth
For a man with such a vast business empire, it’s intuitive to imagine that Simon Guobadia swims in millions. And your intuitions wouldn’t be wrong at all.
Simon Guobadia’s net worth was $40 million in 2022. Guobadia attributes his wealth to his unwavering entrepreneurial spirit, and a large portion of it stems from his company SIMCOL Petroleum Limited Company.
Porsha Williams, Simon’s new girlfriend, has a net worth of $400,000, for comparison. As a result, the couple has a combined net worth of $4.4 million.
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