Chief Michael Ade-Ojo is one of the richest men in Nigeria, with an impressive career in business, sales, and education.

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He is also the founder of Elizade University and the Chairman of Toyota (Nigeria) Limited. 

Chief Michael Adeojo Cars & Net Worth
Chief Michael Adeojo Cars & Net Worth

Here’s an article on everything you should know about this Nigerian billionaire.

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Chief Michael Adeojo Biography

Chief Michael Adeojo Biography
Chief Michael Adeojo Biography
NameMichael Ade-Ojo was
Date of birthJune 14th, 1938
State of OriginOndo state
Known forElizade University, Toyota (Nigeria) Limited.
WifeChief Mrs Elizabeth, Taiwo Ade-ojo
Net worth$2 billion

Michael Ade-Ojo was born on June 14th, 1938, at Ilara-Mokin in the Ifedore local government area of Ondo state, Nigeria. He was born into the late Chief Solomon Ojo and Mrs Beatrice Ademolawe Ojo’s family. 

On February 26th, 1966, Chief Michael married his first wife, Chief Mrs Elizabeth, and they had two daughters. After her death, he married his second wife in 2012, Mrs Taiwo Ade-ojo.

He attended St. Michael’s Anglican School, Ilara-Mokin. He later had his secondary education at Imade College, Owo, between 1954 and 1958. Later on, he did an 18-month course at the School of Agriculture, Akure, after which he spent a while as a laboratory technician in the Ministry of Agriculture, Moore Plantation, Ibadan, before he proceeded to study at the University of Nigeria, Nsukka, in September 1961.

At UNN, he studied Business Administration and graduated with a Second Class Upper Division in June 1965. He attended various management development courses, including the Chief Executive’s Programme of the Lagos Business School, now Pan-Atlantic University, and IESE/LBS Seminar on Competitive Strategy and Value Creation in Barcelona, Spain.

Chief Michael Adeojo Career

Chief Michael Adeojo Career
Chief Michael Adeojo Career

After graduation, he worked with CFAO(which had sponsored his university education) and later moved to the Federal Inland Revenue Department. From 1967 to 1971, he was a sales representative at British Petroleum Nigeria Limited.

After ten years of graduation, he started Elizade Independent with his late wife, Chief Mrs Elizabeth Wuraola Ojo, in 1971. The company was later incorporated as Elizade Nigeria Limited in 1973, dealing with Toyota car sales and spare parts and services. Today, the company has remained successful in Nigeria’s automobile industry. 

The company is now a conglomerate with subsidiaries like Toyota Nigeria Limited, Mikeade Investment Co. Ltd, and Mikeade Property Dev. Co. Ltd, Classic Motors Ltd, Elizade Autoland Nigeria, Okin Travels Ltd, Oodua Creations Ltd, and many more.

Chief Michael Adeojo Cars

As one of the owners of one of the successful automobile companies in Nigeria, Chief Micahel Adeojo owns a series of luxury cars.

Chief Michael Adeojo House

Chief Michael Adeojo owns a series of properties in Lagos, Ondo, and several other areas in the country.

Chief Michael Adeojo Net Worth

Chief Michael has been in the car-selling business for decades and has amassed much wealth through it. His net worth is currently valued at $2 Billion.

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