Obi Cubana Biography And Net Worth

Obi Iyiegbu popularly known as Obi Cubana and fondly called celebrity barman is a Nigerian based businessman, hospitality executive, entertainer, entrepreneur, business mugol, philanthropist, and a show killer. He is the chairman and owner of the popular Cubana groups which have different chains of parastatals.

Obi Cubana is from Oba, a community in Idemili-South Local Government Area in Anambra State in the south eastern part of Nigeria. He was born on 12th April 1975 in Enugu. He is currently 46 years old. Obi Cubana is currently married to Ebele Iyiegbu and the marriage is blessed with four handsome boys. His children names are Alex, Ifeanyi, Ebube and Kosisochukwu.

In 1998, after completing his primary and secondary school education, Obi Cubana proceeded to the University of Nigeria Nnsukka where he obtained a Bachelor’s Degree in Political Science. In 2006, Obi Cubana started his first club Ibiza Club in Abuja seeking to satisfy fun seekers and nightlife lovers.

Following the remarkable progress he made from the Ibiza Club, he established the Cubana group, a hospitality club that provides all-around entertainment satisfaction in 2009. Cubana group was first established in Owerri, the Imo state capital in the south eastern part of Nigeria. Today, Cubana group has spread across various states in the country including Lagos, Abuja, Port Harcourt, Owerri and Enugu.

The list of businesses and establishments under Cubana Group include Rolex Hotels in Lagos, Cubana Leisure Outfits in Lagos, Pablo Cubana in Lagos, Crave Cubana in Abuja, Grand Cubana Hotels in Abuja, Opium Cubana in Owerri, Cubana Night Clubs in Lagos and Gustavo Cubana in Enugu. You can see why he is called celebrity barman.

Obi Cubana close associates include Paschal Okechukwu popularly known as Cubana Chief Priest to manage his entertainment conglomerates around the country. Obi Cubana in a recent interview revealed that he is currently working on Cubana Dubai and Cubana Real Estate.

Obi Cubana has won several awards and recognition across the country. He is currently expanding its reach across Nigerian borders and also outside Nigeria. Some of the awards Obi Cubana has won include Democracy Heroes Award 2018 as Democracy Entrepreneur of the year.

In May 2017, Obi Cubana was awarded The RightVille School special leadership Award, Ghana-Nigeria Achievers Award, Inspiring Personality Award, Northern Nigeria Peace Summit Award, Northern Nigeria Peace Builder of the year award, Nigeria Film corporation Entertainment award, Icon Award and Young Entrepreneur of the year award.

In 2008, Obi Cubana got married to his beautiful wife, Ebele Iyiegbu, who is a Lawyer by profession, and their union is blessed with four sons. She calls herself the mother of boys. Obi Cubana is married to Ebele Iyiegbu who is the founder and owner of the KIEK foundation, a non-governmental organization established with the aim of improving the lives of the less privileged children in our society through quality education, healthcare, nutrition and child’s rights governance.

Obi Cubana is currently one of the richest and the most influential personalities, entertainers, show promoters, public figure, and entrepreneurs in Nigeria with an estimated net worth of $100 million. When you convert that amount to Nigeria naira, Obi Cubana has an estimated net worth of #50 billion naira. This is based on his income, properties, and assets.

Obi Cubana created history and controversy in Nigeria on Friday 16th July 2021 when he gave his late mother a befitting burial. The burial had billionaires, public figures, celebrities and politicians in attendants and money was flying in the air. It was the most lavish and extravagant burial of all time. Billions of naira was spent on that burial day which made people to question his source of wealth.

Obi Cubana received a cash gift worth over one billion naira. He was said to have gotten 346 live Cows, 72 live Goats and 20 live Rams during his Mother’s extravagant Burial ceremony. Obi Cubana has not stopped receiving gifts from his friends, employees, and those he has supported through life. It was earlier reported that Obi Cubana got 46 live cows from his former employee Cubana Chief priest and 10 cows from his old time friend and young billionaire Jowi Zaza.

Other celebrities like E- Money, Zubby Michael, Odumeje and others where throwing bunches of money on him. It was reported that Obi Cubana made an estimate of 1 billion naira on his mother’s burial. Obi Cubana is a businessman that has achieved a lot so far but still has a great personality. He likes to keep a low profile life and has just a few cars and lots of assets.

Obi Cubana during an interview with journalists urged Nigerian youths to desist from seeking wealth through illegal means, stating that he does not have soap to cut for anyone. Speaking in an interview with BBC Pidgin on Tuesday, 20th July 2021, Obi Cubana said he got his breakthrough when he made his first million naira after his National Youth Service Corps program in Abuja.

He said it was in Abuja that he was introduced to the real estate business, where he met a client who wanted to furnish a house. After furnishing the house for the client, Obi Cubana was gifted N500,000, as he also made over N600,000 in profits for the job.

According to him; “That was the first N1.1 million I made before I joined contract work in Abuja. I signed a contract with PPMC, made a little money, and then bought my first Mercedes V-boot. I invested the money I made into a garden beer parlour before I established Cubana Group.

Miracle can’t give you money because pastors need money more than you. Native doctor can’t give you money either because they too need money more than you. If you want money, you have to work hard for it. It doesn’t come easily, it comes through dedicated hard work and persistence.

If you are in your 20s, work hard now. I am 46 years old now, I have done my first half. I don’t know why someone who is just 20 years old will say he has not made it when he still has 50 years or 60 years ahead. There is no soap to cut for anybody, there is no soap anywhere, the secret is, work hard, pray, be good and make your own soap,” Obi Cubana stated during a live interview with BBC.

Austine Ikeru
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