In the Nigerian economic landscape, the Igbos are known for their business acumen. Another testament to this is the story of Obi Cubana whose original name is Obinna Obi Iyiegbu.
The socialite, public influencer, businessman and philanthropist was born in the month of April, on the 12th, 1975 in Anambra State.
He hails from Oba, Idemili South Local Government Area, Anambra State and had made name for himself among the richest people in Nigeria.
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He’s the chairman of Cubana Group (one of Nigeria’s leading hospitality and entertainment businesses), and majorly caught massive public attention with his mother’s burial in July 2021.
Career
Obinna Obi Iyiegbu famously known as Obi Cubana disclosed that everything began when he earned his first 1 million Naira via a contract job he did on a property in Abuja. From this, he got inspired to hustled more house contracts.
Eventually, the profits amassed from contracts with PPMG alongside other brands result into his founding of Ibiza Club in 2006, and he established Cubana hospitality services in 2009.
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At first, his business started in Imo, Owerri, and has now spread to Lagos, Portharcourt, Abuja and other states in Nigeria.
He also disclosed recently of his plans to spread his business to Dubai and in real estate.
Cubana Chief Priest (his manager) also manage a good number of his entertainment business across the country.
The Cubana group offers services in hospitality and entertainment. He also owned Odogwu bitters business.
His efforts and entrepreniual success had been recognized with several awards which include; young entrepreneur of the year (2016), Special Leadership Award from Rightville School (2017), Ghana-Nigeria Achievers Award (2017), Democracy Entrepreneur of the Year at the Democracy Heroes Awards (2018), Africa Canada Invest Summit Award (2022) among others.
Personal Life
Obinna Obi Iyiegbu is of the Igbo descent. He had his basic education at Central Primary School and Dennis Memorial Grammar in Onitsha respectively.
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He went ahead for his tertiary education at University of Nigeria Nsukka and graduated in 1998.
A Honorary Doctorate Degree was also conferred on him at Enugu State University of Science and Technology in 2022.
He was married to Ebele Iyiegbu in 2008 and they had four children together (Alex, Ifeanyi, Ebube and Kosisochukwu), with a report that he adopted one to make them 5 altogether.
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Get the Passive Income PlaybookSources of Wealth
The primary sources of income for Obi Cubana include hospitality and entertainment industries, real estate, among other diverse businesses.
The Cubana group business includes an array of clubs, hotels and lounges in several cities in Nigeria.
In addition, other sources of income include international partnerships, and brand endorsements.
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Estimated Net Worth
Considering Obi Cubana’s car and house properties, assets, and businesses as at 2025, this Nigerian billionaire’s net worth is estimated to around 500 million US dollars.
Conclusion
Due to the nature of the primary businesses he runs, he has been nicknamed the King of nightlife and has always been a symbol of hard work and consistency; building network with people in a bid to continue to raise the standard of success.
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