|Full name||Alhaji Atiku Abubakar GCON|
|Date of Birth||November 25 1946|
|State Of Origin||Adamawa State|
|Source of Wealth||Investments in real estate and agribusiness|
|Political Position||Former Vice President|
Atiku Abubakar’s net worth is estimated to be around $1.6 billion. In 2022 according to forbes his networth was $1 billion. Even at the age of 77, Atiku is recognized as one of Nigeria’s wealthiest politicians and successful businessmen.
As a politician, Atiku Abubakar served as the vice president of Nigeria from 1999 to 2007, during President Olusegun Obasanjo’s tenure. He also made several attempts to become the governor of Adamawa State in 1990, 1996, and 1998.
In addition to his political career, Atiku Abubakar established numerous successful companies, contributing to his impressive net worth. We spent hours looking into his life, ownership of businesses, investments, assets, public disclosures of wealth, and market evaluations of his ventures.
This blog post will look into key aspects of Atiku Abubakar’s life, including his age, biography, wife, and the latest news about him. We will also look at how Atiku Abubakar generated his wealth and his political career.
Biography of Atiku Abubakar
Atiku Abubakar is a Nigerian politician and businessman. He was born on November 25, 1946, in Jada, Adamawa State, Nigeria. Atiku was named after his paternal grandfather Garba Abubakar. Atiku has been a prominent figure in Nigerian politics for several decades and has held various high-level positions in government and business.
Atiku was allowed to have Western training by his father rather than the conventional educational system, but unfortunately, Atiku wasn’t comfortable with it; then, at a point, Atiku stopped going to lectures which made his father, Garba Abubakar put in prison for some days until Aisha Kande his mom paid the fine. When Atiku Abubakar was eight, he left Jada Primary School, Adamawa.
Abubakar later proceeded to Adamawa Provincial Secondary School in 1960 and then wrote his West African Senior School Certificate Examination in 1965.
Atiku Abubakar furthered his education at the Nigeria Police College in Kaduna but couldn’t continue because he could not present O-Level Mathematics results. Afterwards, he briefly worked as a Tax Officer at the Regional Ministry of Finance. He joined the School of Hygiene in Kano in 1966 and successfully obtained a Diploma in 1967.
Right after that, he went to the Ahmadu Bello University Institute of Administration to study Law with financial support from the provincial government. He completed his Law Diploma in 1969.
Atiku Abubakar was the Vice President of Nigeria from 1999 to 2007 under the presidency of Olusegun Obasanjo. He was elected on the platform of the People’s Democratic Party (PDP), the ruling party at the time. During his tenure as Vice President, he played a significant role in the economic reforms implemented by the Obasanjo administration.
Before his political career, Atiku Abubakar was involved in the business sector. He ventured into various industries, including agriculture, oil, and logistics. Atiku gained significant wealth through his business endeavours and became one of the wealthiest individuals in Nigeria.
Throughout his political career, Atiku Abubakar has made multiple attempts to become the President of Nigeria. He has contested the presidency in several elections, including 2007, 2011, 2019, and 2023. Despite being a prominent figure and having a solid support base, he has yet to succeed in his bid for the presidency.
Atiku Abubakar has been known for advocating economic and political reforms in Nigeria. He has emphasized the need for Nigerian economic diversification, education improvement, and the fight against corruption. He has also advocated for restructuring Nigeria’s federal system to give more power to the states and address regional imbalances.
However, Atiku Abubakar’s political career has been subject to controversy. He has faced allegations of corruption and has been the subject of various investigations by Nigerian authorities. These allegations have been a significant challenge to his political aspirations.
Moreover, Atiku Abubakar is one of the influential personalities overseeing politics and has established a strong reputation nationwide.
How Atiku Makes His Money
Atiku has been a lover of business right from an early age. Atiku Abubakar started saving money from the little petty company he engaged in in the 1960s when he was just about 15 years old. History shows that Atiku got a job at Ganye Native Authority immediately after his father’s death. Atiku worked there as a clerk, mostly during holidays. Not long after, Atiku bought his mum a mud house for about nine pounds in Ganye.
Atiku joined the Federal Civil Service Commission in 1969 and was deployed to the Idi-Iroko border station in Ogun State. He made some money being a customs officer. He has also made money in the following ways:
The successful businessman also makes his money from the transportation business. According to him, he started a transportation business with four pickup vans which he acquired on a hire-purchase agreement with SCOA Nigeria Plc. Amazingly, the transportation business grew.
Investment in properties
Atiku, in 1974, invested in property and since then has been making massive amounts of money from the business. The businessman has significant real estate ventures in Yola, Kaduna, and Abuja.
Oil and gas
In the 1980s, Abubakar Atiku also expanded his business by going into oil and gas with Gabriel Volpi, an Italian businessman. They named the company NICOTES, which later became Integrated and Logistics Services (INTELS)
In 1992, Atiku showed interest in education; he established ABTI Nursery and Primary School in Yola with his second wife. They later expanded and built a high school which they named ABTI Academy.
Shortly, they established ABTI-American University in Yola, now known as the American University of Nigeria (AUN). Abubakar has continued to grow his income through the schools established.
The multi-billionaire also invested in agriculture, and his farms grew to become the largest producer of corn in Gongola, which later became Adamawa State. However, the business is said to have closed up.
Atiku Abubakar has so many valuable assets. He owns a $2.95 million chateau close to Potomac, Maryland, USA, and an Embraer Phenom 100 personal luxury plane worth $4.1 million, which is about ₦1,892,150,000.00. He also holds numerous extravagance vehicles ranging from Range Rover, Mercedes S550, Lexus 570, Toyota Land Cruiser, and many more.
Atiku Abubakar’s Cars
Atiku Abubakar’s car collection boasts Range Rovers, Mercedes-Benz S-Class, Lexus LX570, Toyota Land Cruiser, and Toyota Hilux, among other vehicles.
When it comes to attending business meetings and travelling between countries, Atiku Abubakar uses his private jet’s convenience. The Jet is an Embraer Phenom 100 private jet with an estimated value of $4.1 million.
Atiku Abubakar Family
Atiku Abubakar was in Jada, a village that was then part of the British Cameroons. His father, Garba Abubakar, worked as a Fulani trader and farmer, while his mother was named Aisha Kande. Atiku was named after his paternal grandfather, Atiku Abdulqadir, who originally came from Wurno, Sokoto State, and settled in Kojoli village in Jada, Adamawa State. His maternal grandfather, Inuwa Dutse, moved to Jada from Dutse, Jigawa State. Atiku became the only child of his parents after his only sister passed away during infancy. Tragically, in 1957, his father drowned while attempting to cross a river to Toungo, a neighbouring village near Jada. Presently, he is also a father of 28 children. There isn’t much information about Atiku’s children.
Atiku Abubakar Wives Profile
Abubakar is said to have four wives, as a report shows that he has divorced 2 of his wives. His current wives are:
Amina Titi Atiku-Abubakar
Amina Titilayo Atiku-Abubakar, born on June 6, 1951, is a Nigerian who cares a lot about the rights of women and children. She is the wife of Atiku Abubakar. They got married in 1971 and are still married. From his marriage with her, Atiku Abubakar has four children: Fatima, Adamu, Halima, and Aminu. She started an organization called Women Trafficking and Child Labour Eradication Foundation (WOTCLEF). She also proposed a law that created the National Agency for the Prohibition of Trafficking in Persons (NAPTIP). This agency works to stop human trafficking.
Atiku Abubakar entered into a marriage with Ladi Yakubu as his second wife in 1979. Together, they have six children: Abba, Atiku, Zainab, Ummi-Hauwa, Maryam, and Rukaiyatu. They are presently divorced.
Princess Rukayah Atiku Abubakar
In 1983, Atiku Abubakar married his third wife, Princess Rukaiyatu, who is the daughter of the Lamido of Adamawa, Aliyu Mustafa. Together, they have seven children: Aisha, Hadiza, Aliyu (named after her late father), Asmau, Mustapha, Laila, and Abdulsalam.
Fatima Shettimah Abubakar
In 1986, Atiku Abubakar married his fifth wife, Fatima Shettima. It’s important to note that at the time, she became his fourth legal wife due to his earlier divorce from Ladi. Together, they have several children, including Amina (Meena), Mohammed, the twins Ahmed and Shehu, another set of twins Zainab and Aisha, as well as Hafsat.
In conclusion, Atiku Abubakar is a long-time public servant, businessman, and politician. He is wealthy and spreads his income sources across several sectors of the Nigerian economy.
Frequently Asked Questions
How much money is Atiku worth?
Atiku Abubakar is a wealthy person and he is worth about $1.6 billion.
How did Atiku make his money?
Atiku Abubakar made money by doing innovative business and being involved in politics. He invested in different areas like farming, phones, and education, which helped him earn much money. He also had essential jobs in Nigerian politics, like being Vice President for a long time. Being in politics gave him connections and chances to make good business deals. So, Atiku became wealthy as an intelligent businessman and became involved in politics.
Is Tinubu net worth higher than that of Atiku?
Yes, Tinubu has an estimated net worth of $8.4 billion, while Atiku has an estimated net worth of $1.6 billion.
Who is the richest between Atiku and Dangote?
Aliko Dangote is richer than Atiku Abubakar. Dangote is a Nigerian businessman and the founder of Dangote Group, a conglomerate interested in various sectors such as cement, sugar, and oil. Dangote’s net worth is estimated to be significantly higher than Atiku’s, making him one of the wealthiest individuals in Africa and the world.
What is Atiku Abubakar’s age?
Atiku is 77 years old.
What is Atiku’s phone number?
Atiku Abubakar is a private man who does not share his phone number with anyone. However, you can reach him through his business line – +234 805-200-2962
Where is Atiku from?
Atiku Abubakar is from Jada, a Adamawa State, Nigeria town.
How old is Atiku Abubakar?
Atiku Abubakar was born on November 25, 1946, so therefore he is 77 years old.