Dele Momodu Net Worth And Source Of Income

Dele Momodu is a Nigerian entrepreneur, media mogul, publisher, philanthropist and political activist. He is the founder and publisher of Ovation International Magazine and Ovation TV. He is also the CEO of Dele Momodu Holdings, a company that operates in media and entertainment, real estate, banking and finance, and healthcare.

With a net worth estimated to be in the millions, Dele Momodu has built a successful business empire through hard work, determination and strategic investments. His sources of income include real estate investments, media and entertainment ventures, and other investments.

Dele Momodu Net Worth

dele momodu net worth

The estimated net worth of Dele Momodu, a Nigerian media mogul and entrepreneur, is estimated to be around $10 million. He is the current publisher of Ovation International magazine, and also the founder of Ovation International Media Group.

Mr. Momodu’s success has been earned through a wide range of investments, including media, oil and gas, real estate, and hospitality. His media empire includes Ovation International magazine, which is the biggest-selling celebrity magazine in Africa, and Ovation TV, a lifestyle channel. He also owns Ovation Radio, which broadcasts across Nigeria. In the oil and gas sector, he owns a number of assets, including oil blocks, rigs, and vessels.

In the hospitality sector, he owns the Ovation Luxury Hotels, which has properties across Nigeria, Ghana, and other countries in West Africa. In addition to his business ventures, Momodu has also been an active political figure in Nigeria, having served as a senator in the 8th Senate of the Federal Republic of Nigeria.

He is also a prominent philanthropist, supporting education and other causes in Nigeria.

How Dele Momodu Achieved His Estimated Net Worth of $10 Million

Dele Momodu, a renowned Nigerian media mogul, is estimated to have a net worth of $10 million. Momodu first attained notoriety in the early 2000s for his celebrity magazine, Ovation International. He used the magazine as a platform to promote the African lifestyle, and it was soon viewed as one of the most influential magazines in Africa.

In addition to his magazine, Momodu has also achieved success in other ventures such as publishing books, producing movies, and hosting radio and television shows. He is the founder and owner of several companies, including the Dele Momodu Media Group and the Dele Momodu Foundation. Momodu has been recognized for his entrepreneurial success and philanthropic efforts.

He has received awards and honors from several notable organizations, including the United Nations, the African Union, and the Nigerian government. Momodu’s estimated net worth of $10 million is largely attributed to his investments in various media and entertainment projects.

He has also made shrewd investments in real estate and stocks, which have further contributed to his net worth. Furthermore, Momodu has leveraged his media platform to promote various businesses, which have no doubt played a role in his financial success.

The Various Sources of Income That Have Contributed to Dele Momodu’s Wealth

Dele Momodu is a prominent Nigerian media mogul and entrepreneur who has achieved success through a combination of different sources of income. His career has spanned over two decades and has included activities such as publishing, media, and entertainment. As such, he has accumulated a considerable amount of wealth over the years.

A major source of his wealth has come from the publishing industry. His magazine, Ovation International, has been in circulation since 2006 and is renowned for its culture and celebrity-focused content. In addition to this, Momodu is also the founder of Ovation TV, a television network that offers a range of programming including music videos, movies, and news.

In addition to his media ventures, Momodu has also earned a substantial amount of money through his business interests. He is the founder and CEO of Pan African Investment Company, which invests in a variety of sectors including technology, finance, and real estate. He is also the Chairman of Ovation Energy, a renewable energy company that provides energy solutions for businesses across Africa.

Finally, Momodu has also generated a significant amount of wealth through his entertainment activities. He is an accomplished musician and has released multiple albums and singles. He is also an actor, having appeared in films such as “The Amazing Grace” and “The First Grader”. In summary, Dele Momodu has amassed wealth through a variety of sources.

This includes publishing, media, business, and entertainment. Through his commitment to excellence and hard work, he has been able to achieve success in each of these areas and create a substantial personal fortune.

An Analysis of Dele Momodu’s Investment Strategies

Dele Momodu is a Nigerian entrepreneur, financial expert and philanthropist who has earned a strong reputation for his investment strategies. His approach to investing has enabled him to build a multi-million dollar portfolio of investments across various sectors. His methods have also been widely praised by financial experts and investors alike.

Momodu’s investment strategies are built on the principles of diversification and risk management. He has a well-defined approach to investing, which involves carefully assessing potential investments and then deciding whether they are suitable for his portfolio. He is known for his willingness to take calculated risks, which has enabled him to capitalize on opportunities in the markets.

Momodu typically invests in stocks, bonds, real estate and private equity. He is also a strong advocate for investing in emerging markets, which he believes can offer higher returns than the more established markets. He is also an advocate for investing in start-ups, as he believes they can offer higher returns than more established companies.

Momodu’s investment strategies also involve careful risk analysis. He is known for his ability to accurately assess the risks associated with any potential investment. He is willing to take risks if he believes they are worth it, but he also takes great care to weigh the potential risks versus the potential rewards before making any investment.

Overall, Dele Momodu’s investment strategies are based on the principles of diversification and risk management. His approach has enabled him to build a successful portfolio of investments across various sectors and markets. He is also an advocate for taking calculated risks when it comes to investing, as he believes it can lead to higher returns.

Exploring the Philanthropic Work of Dele Momodu

Dele Momodu is a renowned Nigerian media mogul and philanthropist who has devoted his life to helping those in need both in his native country and around the world. Momodu is the founder and CEO of Ovation International Magazine and the Dele Momodu Foundation, both of which are dedicated to empowering individuals and communities through financial assistance, educational opportunities, and health and wellness initiatives.

Momodu’s philanthropic work has centered on the empowerment of vulnerable communities, particularly those in Nigeria. He has worked with a number of organizations to support initiatives in education, healthcare, and economic development. For example, he has provided education grants to thousands of Nigerian students, distributed medical supplies to hospitals and clinics, and supported small businesses.

In addition, Momodu has used his platform as a media mogul to raise awareness about the plight of vulnerable communities in Nigeria. He has used his influence to advocate for government action to improve access to healthcare, education, and economic opportunities for the citizens of the country.

Furthermore, he has organized a number of charitable events to raise funds for various causes. In addition to his work in Nigeria, Momodu has also devoted himself to helping those in need around the world. He has supported victims of natural disasters and provided assistance to poverty-stricken communities in Africa and Asia.

He has also sponsored medical missions to provide medical care to people in developing countries. Through his work, Momodu has demonstrated an unwavering commitment to helping those in need. His philanthropic endeavors have improved the lives of countless people, and his legacy will continue to live on for many years.

Assessing the Impact of Dele Momodu’s Business Ventures on His Net Worth

Dele Momodu, a renowned Nigerian journalist, publisher, and entrepreneur, has had a long and illustrious career, which has seen him amass a considerable fortune. As a result of his various business ventures, Momodu’s net worth has been significantly increased.

Momodu’s entrepreneurial journey began in the late 90s, when he founded Ovation International, a media company that produces magazines, television programs, and events. Through Ovation International, Momodu has been able to earn immense profits and increase his net worth.

He has also become a household name in Nigeria, and his media company is now a multi-million dollar business. In addition to Ovation International, Momodu has invested in a number of other businesses. He has established Ovation Capital, a venture capital firm that is focused on investing in African startups.

He is also the founder of Ovation TV, a television network that broadcasts popular African programming. Furthermore, Momodu has become a major player in the Nigerian real estate market. He owns a large portfolio of properties, including residential and commercial buildings, which have generated considerable returns.

In addition, he has been involved in a number of joint ventures, such as the construction of an airport in Lagos. Overall, Momodu’s business ventures have had a positive impact on his net worth. His investments have enabled him to accrue significant wealth, and his success has been an inspiration to many aspiring entrepreneurs. Momodu’s success story is an example of how dedication and hard work can lead to financial success.


In conclusion, Dele Momodu has built a significant net worth of over $10 million through various sources of income including his media company, Ovation International, and his flourishing career as a journalist, author, and political commentator.

His success in the media and entertainment industry has enabled him to build a large portfolio of investments and to become a powerful voice in the African nation of Nigeria.

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