Simon Guobadia’s Net Worth – Inspirationfeed

Fans of the reality television program ‘Real Housewives of Atlanta’ were astonished to learn of the engagement between RHOA stars Simon Guobadia and Porsha Williams. More shocking was the fact that this happened within weeks of Guobadia’s separation from Falynn.

Falynn, who also stars in the Real Housewives of Atlanta, has been bosom buddies with Porsha. That’s especially considering that it’s Porsha who introduced her to the program. So, this dramatic turn of events might aptly fit the expression “stab in the back.” But as they say, matters of the heart can never be fully rationalized. One simply has to go where their passion leads them.

But who is Simon Guobadia and what’s his net worth?

Who Is Simon Guobadia?

Simon Iyore Guobadia is a Nigerian-American entrepreneur and businessman who’s best known for being the founder and Chief Executive Officer (CEO) of SIMCOL Group and its affiliated companies. SIMCOL Group is an international resource of petroleum products. The company focuses on reselling Bulk Fuel to governments and private enterprises. Their offers include regular petroleum products as well as renewable energy products.

In addition to entrepreneurship, Simon Guobadia also dabbles in reality television and film production. On television, Guobadia is best known for his appearance on the reality program Real Housewives of Atlanta. And as a film producer, his notable credits include the movies Jail House Dogs (2012), Kill (2019), and Son of the South (2020).

Quick Facts

Full Name: Simon Iyore Guobadia
Popular Name: Simon Guobadia
Gender: Male
Birth Date: June 2, 1964
Age: 57 years
Parents: Stanley Guobadia and Martina Guobadia
Siblings: Has a sister named Mary Awo-Osagie
Birth Place: Nigeria
Nationality: Nigerian-American
Ethnicity: Nigerian
Education: Loyola College in Oyo State – Nigeria, Government College Ughelli in Delta State – Nigeria, and the University of District Columbia in the United States
Marital Status: Engaged to Real Housewives of Atlanta star Porsha Williams; previously married to another RHOA star Falynn Guobadia (from 2019 until their separation in 2021)
Sexual Orientation: Straight
Wife/Spouse: N/A
Children: Quentin Guobadia, Nicole Guobadia, Christian Guobadia, Benjamin Guobadia, and Ximena Guobadia (all from his previous relationships)
Dating: Porsha Williams
Net Worth: USD 40 million (as of January 1, 2022)
Source of Wealth: Entrepreneurial Ventures, Reality Television, and Film Producing
Height: 5′ 8″ (1.73 m)
Weight: 68 kg; In pounds: 150 lbs.

Early Life and Career Information

Simon Iyore Guobadia was born on June 2, 1964, in Nigeria, to Stanley Guobadia and Martina Guobadia. His father worked for the Nigerian Prison Services, where he rose through the ranks to eventually retire as the Assistant Director of Prisons.

Guobadia attended Loyola College, a Catholic-run boarding school located in Oyo State in Nigeria. He then proceeded to Government College Ughelli in Delta State, Nigeria. However, he dropped out before completing his studies and immigrated to the United States in 1982. Upon settling in the US, Guobadia joined the University of District Columbia, where he pursued a career in accounting. He graduated from the institution with a BBA in accounting in 1993.

After graduating from the University of District Columbia, Simon Guobadia had a successful stint as a Certified Public Accountant. Guobadia worked as an accountant, financial auditor, software developer, and transactional tax consultant for several prestigious firms. He eventually left the corporate world so he could pursue his entrepreneurial ambitions.

In 2007, Simon Guobadia founded SIMCOL Petroleum Limited Company, LLC (initially known as Simon & Company). The company is based in Atlanta, Georgia. Guobadia dedicated his next few years to building SIMCOL into a reputable global petroleum supplier. He would later pursue a number of investments within and beyond the petroleum industry.

Guobadia’s business empire now spans the energy, entertainment, music, hospitality, and food & beverage industries. His notable investments in Atlanta include The Republic, American Cut Steakhouse, DAS BBQ II, and an LDV Hospitality subsidiary. He’s also associated with several past ventures, including Twelve Music and Publishing, Simon Paige Productions, and KES Entertainment Group. The latter investment was a joint partnership with renowned musician, Akon.

Simon Guobadia’s Net Worth

For a man with such a vast business empire, it’s intuitive to imagine that Simon Guobadia swims in millions. And your intuitions wouldn’t be wrong at all.

As of January 1, 2022, Simon Guobadia had a net worth of $40 million. Guobadia credits his wealth to his relentless enterprising spirit, and a huge portion of it comes from his company SIMCOL Petroleum Limited Company.

For comparison’s sake, Simon’s new girlfriend, Porsha Williams, has a net worth of $400,000. So, the couple commands a joint net worth of $4.4 million.

Lessons from Simon Guobadia

1. Go wherever your dreams take you

Simon Guobadia is known to follow his dreams and passions ruthlessly. That’s mainly evidenced by his decision to quit the corporate world so he could pursue his entrepreneurial ambitions.

2. Strive to venture beyond your comfort zone

After establishing SIMCOL Petroleum Limited Company, Simon would have chosen to relax and enjoy the profits from this lucrative venture. However, Guobadia has continually pursued other business ventures within and beyond the energy sector.

3. Give back

Simon Guobadia is a celebrated philanthropist. Guobadia has donated regularly to Northpoint Ministries, a coalition of churches based in the Metro Atlanta Area.

Conclusion

Simon Guobadia is a Nigerian-American who’s best known for being the founder and CEO of SIMCOL Petroleum Limited Company.

Guobadia has undertaken several other profitable ventures besides SIMCOL, all of which have translated to his $40 million net worth.

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