Jowi Zaza: Meet the 37-year old Nigerian billionaire oil magnate

While some individuals may acquire their success by working from the ground up to the very top in their various career paths or businesses, others are lucky to be born into highly wealthy families that have already laid down a foundation for success for them. Joseph Okafor, known famously as Jowi Zaza, is an example of the latter scenario.

He was born into an influential household and has become a prominent name in the Nigerian social circle. So, who is Jowi Zaza, adjudged to be one of Nigeria’s youngest billionaires in recent years?

Table of Content hide 1Jowi Zaza biography 2Career 3Jowi Zaza net worth 4Age 5Jowi Zaza’s Father 6Jowi Zaza and E-Money: who is richer?

Jowi Zaza biography 

Jowi Zaza, named Joseph Eze Okafor Jr. at birth, was born on March 19, 1985. He hails originally from Ekwulobia in Anambra State. He was born into the family of renowned oil tycoon Joseph Eze Okafor Sr.

Jowi Zaza spent a large chunk of his childhood in Enugu State. He attended Sacred Heart Seminary, Nsude, in Enugu State for his secondary education. He then proceeded to Madonna University, Okija, Anambra State, where he obtained his Bachelor’s degree.

He then completed his post-graduate studies at Coventry University London in the United Kingdom and Kelce College of Business at Pittsburg State University, in the United States of America, respectively.

smiling Jowi Zaza on a bicycle
Jowi Zaza

Career

After finishing his education, Jowi Zaza decided to pursue a career in business. He is a Nigerian businessman and oil and gas magnate and eventually succeeded his father as the Managing Director of Jezco Oil.

ALSO READ: Silas Adekunle: Biography, career, net worth, age, family, salary

Since Jowi Zaza became the head of his father’s oil company, the business has expanded significantly over time.

He is also involved in the real estate business. He owns several properties within the country, including Lekki and other parts of the highbrow areas of Lagos, as well as outside the shores of Nigeria.

a smiling during graduation

Jowi Zaza net worth

The oil and gas sector is the most lucrative industry in Nigeria and the main contributor to Nigeria’s revenue As the CEO of Jezco Oil and Lubricants, Jowi Zaza derives his income from the oil industry and is currently said to be worth an estimated $20-50 million (when converted to Naira, it reaches billions), although this figure is yet to be officially confirmed.

Jowi Zaza is also reportedly set to succeed as the heir to his multi-billion dollar business empire. The young billionaire is also a philanthropist and has built roads with asphalt and street lights in Ekwulobia.

He is an avid lover of luxury life and enjoys luxury vacations, as can be seen on his Instagram page. His name “Jowi Zaza” has been mentioned several times in songs by the likes of Flavour N’abania and Burna Boy, speaking about his popularity and wealth.

ALSO READ: Bose Ogulu Biography: Early life, languages, true link with Fela revealed

Age

He was born on 19 March 1985. He is, therefore, 31 years old, as of the time of writing this piece.

Jowi Zaza’s Father

Joseph Eze Okafor Snr. is Jowi Zaza’s father. He is a business tycoon from Anambra State who founded Jezco Oil and Lubricants. He has two boys and five daughters, with Jowi Zaza being his eldest son.

Jowi Zaza’s father is one of the richest men in Nigeria. His net worth is currently valued at $2 billion. His father founded the well-known oil and gas business Jezco Oil and Lubricants in the 1970s. The company operates petrol stations across the country.

Jowi Zaza smiling

Jowi Zaza and E-Money: who is richer?

Over the years, there have been several debates and comparisons regarding who the richer individual is between Emeka “E-Money” Okonkwo and Jowi Zaza. They are both successful Nigerian businessmen excelling in their respective fields. E-Money is an entrepreneur, music record label owner and philanthropist who also owns a shipping company. He is also the younger brother of veteran Afrobeats singer, Kcee.

E Money’s exact net worth is currently unknown, as there have been several estimated figures from different online outlets. Some online records have stated E-Money’s net worth to be around $55 million, while others have stated it to be $30 million. There has not been any official confirmation of net worth from either party, therefore, it is difficult to determine who the richer individual is.

However, what is established is that they are both young and successful billionaires.

ALSO READ: Obi Cubana biography, net worth, education and source of wealth

You Might Also Like