If you are a fan of The Real Housewives of Atlanta, you must know Simon Guobadia and Porsha William. The appearance of Simon in season 13 of RHOA made people curious about his life, including his net worth.
Fans and media also targeted Porsha Williams’s decision to marry her co-star’s ex-husband. They accused her of having greed for Simon’s millions of wealth. Do you wonder what it is the net worth of Simon Goubadia in 2023? Well, it is almost $40 Million.
This blog will explore more about Simon Guobadia’s source of income, net worth, career, and personal life. Keep reading this blog to get inspired by the hard-working journey of this successful entrepreneur.
Who Is Simon Guobadia?
Simon Guobadia is a famous entrepreneur, businessman, and philanthropist. He also appeared in a reality show, “The Real Housewives of Atlanta.” His focus is on Oil industries and commodities trading businesses. Guobadia is 59 years old, and he has everything a man wants in his life. He is the founder and CEO of Simcol Group, which is an international franchise, and several companies are affiliated with it globally.
The journey of Simon Guobadia motivates young people in business to follow their dreams and take risks if required. He has an excellent reputation in the industry because of his dedication and honesty in his work. However, Mr. Guobadia received a backlash from the media after his divorce. He did not comment about it in public because he knows how to balance his professional and personal life. Simon Guobadia remains a humble person, and he believes in giving back to society through his philanthropic efforts.
Early Life Of Simon Guobadia
Mr. Guobadia’s full name is Simon Iyore Guobadia, and he was born on 2nd June 1964 in Nigeria, West Africa. His parents, Stanley Guobadia (father) and Martina Guobadia (mother), belonged to an upper-middle-class family. Simon Gubadia grew up with seven siblings, and his life was not as luxurious as it is now. Stanley Guobadia worked at Nigerian Prison Services and retired as the Assistant Director of Prisons.
Education Of Simon Guobadia
Simon Guobadia has achieved this successful career by working hard since his childhood. He was a bright student and completed school life in his hometown, Nigeria. Guobadia spent five years at Loyola College, an esteemed Catholic boarding high school administered by Jesuit priests, located in Ibadan, Oyo State, Nigeria. His educational journey continued as he enrolled at Government College Ughelli in Delta State, Nigeria. However, his path took a turn when he made the life-altering decision to leave his studies and move to the United States in 1982. Simon received his graduation degree from the University of District Columbia in Washington, DC.
Career Of Simon Guobadia
Simon started his career as a certified public accountant for many international firms. He is an expert in audit and accounting, transactional tax consulting, and software development. Mr. Guobadia always knew that doing a simple job was never his destiny, so Simon decided to become an entrepreneur. He founded Simon & Company in 2007, which is known as Simcol Petroleum Limited Company, LLC. This company specializes in the supply and distribution of Ultra Low-Sulfur Diesel ULSD and many other related products.
Guobadia invested in several other projects beyond the petroleum industry. He co-produced Son of The South movie in 2020 with Spike Lee. Besides that, he also invested in music, entertainment shows, food, and hospitality. The majority of these projects are focused on the development of his beloved hometown, Atlanta, Georgia.
He also invested in a Barbecue restaurant, DAS BBQ II, and LDV Hospitality subsidiary, American Cut Steakhouse. In addition, Simon is also a part of numerous past joint venture partnerships, including Twelve Music and Publishing, KES Entertainment Group with music mogul Akon, and Simon Paige Productions.
Simon Guobadia Net Worth 2023
You will be surprised to know the net worth of Simon Guobadia. According to various sources, Simon Guobadia’s net worth was estimated at $35 million in 2022 and $40 million as of 2023. However, this number is not confirmed and may change depending on his business ventures and personal life. Guobadia has earned his wealth from his successful career in the petroleum industry, as well as his involvement in film production and reality TV. Some of his notable works include Jail House Dogs (2012), Kill (2019), and Son of the South (2020). Guobadia has also owned several restaurants in Atlanta, such as Time, Buckhead Bottle Bar, and Simon’s Restaurant.
Simon Guobadia owns a lot of massive and luxurious houses in various cities. He also has a BMV and many other branded cars, which are also part of his wealth. His company, Simcol, generates $6.7 million in revenue yearly. Simon’s net worth will increase more in the coming years because of his investments in several different business projects.
Personal Life Of Simon Guobadia
Simon Guobadia is not only an amazing businessman but also a great father of six children. He was previously married to Flynn, but they got separated in 2021. Simon started a new relationship with Porsha Williams soon after his divorce. They got engaged within a month, and some people were against their relationship. Netizens called Porsha a homewrecker, gold digger, and a lot of mean things. However, the couple is focused on their relationship and family. Porsha Williams has a daughter with his ex Dennis McKinley.
Controversies And Legal Issues
Success comes with a few cons. It makes you a target of controversies and rumors. Additionally, your personal life is not private after you become a celebrity. Here are some of the problems faced by Simon Guobadia:
Lawsuit Against Simon Guobadia
Suzy Levy filed a lawsuit against Atlanta businessman Simon and Sunbelt Title Agency in 2021. Simon agreed to buy Levy’s $5.8M Ft. Lauderdale home but allegedly defaulted on the deal despite mediation attempts.
Divorce Controversy
Simon Guobadia mysteriously divorced her ex-wife Flynn and got engaged to her co-star, Porsha Williams. This news was highly controversial because people did not know the real story behind the divorce. Simon shared that he filed for divorce because of Flynn’s affair with her assistant. Flynn denied all the accusations, and she blames Simon for their separation.
Philanthropic Efforts Of Simon Guobadia
No matter how rich you have become, if you don’t help others, your money is worthless. Simon Guobadia is a believer in using his wealth to make a positive impact on the lives of others. He donates his money to several foundations and churches, including Northpoint Ministries – a coalition of seven churches in the Metro Atlanta Area. Simon Guobadia also attends many seminars and fundraising events to help other people. He has opened several non-profit organizations in Nigeria to bring positive change in his hometown.
Social Media Accounts Of Simon Guobadia
Simon Guobadia is active on social media, where he shares his personal life. He was available on Twitter, but his account got suspended. You can follow him on his Instagram to see the pictures of his family and fiance. He has 311k followers on his Instagram account. If you want to connect with him professionally, you can follow him on Linkedin, where he has more than 500 connections. Additionally, Simon also has an official website that shows all of his achievements and details about his businesses.
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Final Thoughts:
Simon Guobadia is a Nigerian-American entrepreneur, businessman, reality TV star, and film producer. He is a rich man living a luxurious life with a beautiful and famous wife, Porsha Williams. The talented entrepreneur has millions of net worth, and he does not hesitate to donate some of his money to needy people. His life gives us many important lessons, and if we will follow his footsteps, we will be a successful person and kind human beings.