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Adebayo Ogunlesi Biography, Net worth, Education, Airports and Private jets

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Adebayo Ogunlesi is a Nigerian-born lawyer, investment banker, and businessman who is currently the Chairman and Managing Partner of the investment firm, Global Infrastructure Partners (GIP). He was born on December 20, 1953, in Ogun State, Nigeria.

Adebayo Ogunlesi
Adebayo Ogunlesi
Real nameAdebayo “Bayo” O. Ogunlesi CON
Date of birth20 December 1953
Country of OriginFederal Republic of Nigeria
Source of WealthBanker, Entrepreneur
Net worth$1.1 billion

Adebayo Ogunlesi Early life and education

Adebayo Ogunlesi was born on December 20, 1953, in Nigeria. He grew up in a well-educated family with his father being a professor of medicine, and his mother being a civil servant. Ogunlesi attended King’s College in Lagos, Nigeria, for his secondary education. In 1973, Ogunlesi moved to the United States to attend the prestigious Oxford University in England, where he earned his undergraduate degree in Philosophy, Politics, and Economics (PPE) in 1976.

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He went on to attend Harvard Law School, where he obtained a J.D. in 1979. After completing his education, Ogunlesi worked as an attorney at the law firm Cravath, Swaine & Moore LLP in New York City. He later became a partner at the firm and specialized in corporate finance and securities law.

Adebayo Ogunlesi Career

Adebayo Ogunlesi - Chairperson of Global Infrastructure Partners
Adebayo Ogunlesi – Chairperson of Global Infrastructure Partners

Ogunlesi began his career as an attorney at the law firm of Cravath, Swaine & Moore in New York City. He later transitioned to investment banking, where he worked at First Boston (now Credit Suisse) and Goldman Sachs. In 2006, he founded Global Infrastructure Partners, a private equity firm that invests in infrastructure assets, such as airports, seaports, and energy projects. The firm has since grown to become one of the largest infrastructure investment firms in the world, with over $70 billion in assets under management.

Ogunlesi has served on various boards and committees, including as a member of the Board of Directors of Goldman Sachs and as a member of the Advisory Committee for Trade Policy and Negotiations under President Barack Obama. He has also been recognized for his business and philanthropic contributions, including being named one of the “100 Most Influential Africans” by New African magazine in 2012 and receiving the Ellis Island Medal of Honor in 2017.

Adebayo Ogunlesi in Donald Trump’s economic team

Adebayo Ogunlesi in Donald Trump’s economic team
Adebayo Ogunlesi in Donald Trump’s economic team

Adebayo Ogunlesi was a member of former US President Donald Trump’s Strategic and Policy Forum, which was a group of business leaders who advised the President on economic issues. The forum was established in December 2016 and was disbanded in August 2017 following the controversy surrounding Trump’s response to a white supremacist rally in Charlottesville, Virginia.

Bayo-Ogunlesi and Yemi
Bayo-Ogunlesi and Yemi

Ogunlesi was invited to join the forum due to his extensive experience in finance and investment. He is the Chairman and Managing Partner of Global Infrastructure Partners (GIP), a leading global infrastructure investment firm. Under Ogunlesi’s leadership, GIP has invested in a range of infrastructure assets, including airports, seaports, and renewable energy projects. During his time on the Strategic and Policy Forum, Ogunlesi provided input on a range of economic issues, including tax reform, trade policy, and infrastructure investment.

He was one of several business leaders who resigned from the forum following Trump’s controversial comments on the white supremacist rally in Charlottesville.

Blackrock acquires Adebayo Ogunlesi’s GIP for $12.5bn

on 12th January 2024, it was reported that BlackRock, the biggest asset management company in the world, has said it is buying Global Infrastructure Partners, a company founded by Nigerian investment banker Adebayo Ogunlesi, in a $12.5bn deal.

According to a statement released on Friday, Blackrock is to pay $3bn in cash and offer Ogunlesi and five other co-founders of Global Infrastructure Partners 12 million shares in Blackrock, thus making them the second biggest shareholders in the global asset management giant.

The estimated net worth of Adebayo Ogunlesi

Adebayo Ogunlesi’s net worth was estimated to be approximately $1.1 billion according to Forbes. However, please note that his net worth may have changed since then due to various factors such as market fluctuations, changes in assets, and other financial factors.

Adebayo Ogunlesi’s private jet

In Nigeria, the name Adebayo Ogunlesi does not ring a bell like the Dangotes, Adenugas, Otedolas, etc.

london city airport
London city airport

However, the man’s achievements in the global business circle – especially in the aviation sector – have been well celebrated around the world.

Adebayo Ogunlesi is a Nigerian lawyer and investment banker. He is referred to – especially in Nigerian circles – as “the man who bought Gatwick Airport”. Some also refer to him as the Nigerian who owns three airports in the United Kingdom.

In 2009, GIP also acquired the majority share in London Gatwick Airport.

Gatwick Airport, also known as London Gatwick, is a major international airport near Crawley, Sussex, England. GIP invested £1.455 billion in the deal making it the majority shareholder in the airport.

GIP also owns Edinburgh Airport, which they bought in 2012.

GIP also owns Edinburgh Airport, which they bought in 2012
GIP also owns Edinburgh Airport, which they bought in 2012

Edinburgh Airport is an airport located in the Ingliston area of Edinburgh, Scotland. It was the busiest airport in Scotland in 2019, handling over 14.7 million passengers. It was also the sixth-busiest airport in the United Kingdom by total passengers in 2019.

Ogunlesi has been married to British-born optometrist Dr. Amelia Quist-Ogunlesi since 1985. They have two children. In his song “Wonderful,” Burna Boy pays tribute to Adebayo, citing his hard work.

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2 Comments

  1. I bet the net worth will increase after BlackRock bought his company.

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