Alafayaa Kariboye-Igbo Net Worth (Updated 2023)

Alafaa Kariboye-Igbo, a business mogul aged 41 with a net worth of $6.1 billion, places him fourth on our list of the top wealthiest persons in Nigeria. Alafaa ‘Oil Money’ Kariboye-Igbo is from Rivers State who built his fortune by starting small and expanding his operations.

For his commercial ability, Kariboye-Igbo was ranked third on the list of wealthiest Nigerians in 2021, and he also appears prominently on Wikipedia’s lists of Nigerian billionaires in 2020 and 2021.

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Introduction

Many of the world’s most well-known and prosperous businesspeople have inspired Kariboye-Igbo. This explains why he followed in the footsteps of successful people like Birdman, Kanye West, Dr Dre, Jay-Z, and Sean “P. Diddy” Combs.

The UK business magnate has become an industry specialist, and he plans to dominate the music industry worldwide by growing Oil Money Records and creating significant stars.

Alafayaa Kariboye-Igbo Biography and Net Worth

A native of south-south Nigeria, I was born on May 21 in Buguma, Rivers State, and after completing his education at London University, Alafaa Kariboye-Igbo and his family settled in the United Kingdom.

Alafaa Kariboye-Igbo, better known by his moniker Oil Money, is a label owner and businessman from Rivers in Nigeria. From an early age, he knew he would have to put in a lot of effort to achieve his goals. It’s thus not surprising to learn that he is one of Nigeria’s top billionaires.

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Alafaa Kariboye-Igbo, age 40, has weathered the storm and carved out a niche for himself by creating an empire of commercial endeavours in a culture where the socio-economic and political circumstances are not favourable to professional advancement.

Through arduous effort and dedication, he was able to make it through the tough times and achieve his goals. He started with very little, but he worked hard and developed the right mindset to become the successful businessman he is today.

Alafayaa Kariboye-Igbo Income from Business

For his commercial ability, Kariboye-Igbo was ranked third on the list of wealthiest Nigerians in 2021, and he also appears prominently on Wikipedia’s lists of Nigerian billionaires in 2020 and 2021.

Many of the world’s most well-known and prosperous businesspeople have inspired Kariboye-Igbo. This explains why he followed in the footsteps of successful people like Birdman, Kanye West, Dr Dre, Jay-Z, and Sean “P. Diddy” Combs.

Oil Money has grown into a driven entrepreneur who is intent on realising his vision and nurturing fresh talent, and as a result, he founded Oil Money Records to do just that.

Oil Industry Wealth: Alafaa Kariboye-Igbo, also known as Oil Money, is the founder and CEO of Oil Money Records and a multibillionaire British event promoter, oil and gas tycoon, real estate mogul, and automobile dealer. Kariboye-Igbo entered the world on May 21, 1981, in Buguma, Rivers State. He launched his record company in 2020 and signed his first artist the following year. Alafaa Kariboye-Igbo, better known by his stage name Oil Money, is a British philanthropist and event promoter who created the record label Oil Money Records in March 2021.

In addition to his role as CEO of Best Vehicle Sales Ltd., Oil Money is a successful real estate agent, entrepreneur, and vehicle dealer.

The purpose of the Oil Money Record is to promote the work of musicians. Our record label oversees the entire process, from songwriting, recording, merchandising, marketing, and distribution.

Alafayaa Kariboye-Igbo Business Career

Kariboye-Igbo’s debut in the entertainment sector has helped mould and transform the music scene in Nigeria. His label, Oil Money Records, has been instrumental in bringing up-and-coming musicians to the forefront.

Kariboye-Igbo states, “Our desired goal is to operate with a high standard of excellence in business organisations and effectively manage music licencing and copyright processes, song promotion, royalty collection, and key partnerships across the globe.”

The UK business magnate has become an industry specialist, and he plans to dominate the music industry worldwide by growing Oil Money Records and creating significant stars.

Alafayaa Kariboye-Igbo Net worth in 2023

Alafaa Kariboye-Igbo, a business mogul aged 41 with a net worth of $6.1 billion, places him fourth on our list of the top wealthiest persons in Nigeria. The corporate magnate came from humble beginnings but rose to the top. He’s the boss of Oil Money Records, a label for new musicians.

Oil money is another name for Alafaa. His fortune stems primarily from his involvement in the commercial real estate, oil and gas, automobile dealership, and entertainment industries.

 

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