Kennedy Okonkwo Net Worth, Cars, House, And Biography – Nigeria Real Estate Mogul

The saying, ‘your background does not have to put your back to the ground,’ accurately describes the story of the popular real estate magnate Kennedy Okonkwo. From a humble beginning in Lagos, Nigeria, Kennedy Okonkwo, who lost his father when he was barely 16 years old, has risen through thick and thin to become one of Nigeria’s foremost businessmen. Known and respected amongst the people in his society in Lagos, Kennedy Okonkwo has impacted many young lives, given wings to the dreams of young Nigerians and entrepreneurs and provided shelter and feeding to those in need.

Kennedy Okonkwo is a man whose story is worth knowing about; read on to get details of all there is to know about him:

Real name	Kennedy Onyekachi Okonkwo
Date of birth	12 October 1977
Country of Origin	Federal Republic of Nigeria
Source of Wealth	Real estate
Net worth	$1mllion – $5million

Kennedy Okonkwo Biography

Kennedy Onyekachi Okonkwo, the fifth child of eight, was born into a Christian family on 12 October 1977 in Ojoto, Anambra State, Nigeria. He has spent much of his life living in Lagos, starting in Alagomeji, Yaba.

Kennedy Okonkwo Education

Spurred by his father, who is a lover of education, Kennedy Okonkwo successfully completed his primary, secondary, graduate, and postgraduate studies with outstanding results. He received his primary and secondary school education at Mobolaji High School in Lagos, after which he gained admission into the University of Ibadan to study Psychology. He has also obtained a Master’s degree in Business Administration from Lagos State University.

Turning Points

The turning points in Kennedy Okonkwo’s life began when he lost his father when he was barely 16 years old. He was still in secondary school then, and the tragedy impacted his life as he knew what loss meant. Kennedy Okonkwo’s dad greatly influenced his education as his father believed that the greatest gift he could give his children was education. His father believed that being educated will bring an end to poverty and a critical tool for survival. Unlike the typical case where mothers are foremost concerned about their children’s academics, Kennedy’s dad was far more interested in his academics as he intermittently checked up on him in school, helping with his assignments and, most importantly, paying his school fees.

When he lost his father, his mother, who was a caterer, couldn’t meet up with their living expenses, hence they were soon evicted from their apartment. Soon after, they were thrown out of his mother’s shop, where they took lodging. It was a very sad thing for Kennedy when returning ‘home’ from school, he was going to meet his family under Ikeja Bridge where they abode.

However, goodwill soon smiled on them, as a pastor, David, soon came to their rescue. He gave them the Boy’s quarters at Obafemi Awolowo guest house. These experiences shaped Kennedy’s perspective to living, he made a resolve to impact the situation of his family positively. Thanks to Chief Sylvester Okonkwo, who sponsored his schooling.

Another major turning point in his life was when he left his paid job as the Strategy Advisor to the MD of his former company to build his own business.

That bold decision has paid off now, as Kennedy Okonkwo is now the MD/CEO of Nedcomoaks Limited. This property development company fully specializes in real estate development, provision of architectural and civil designs, project consultancy and management, and a significant proficiency in construction with modern technology. He is the chairman of Victoria Crest Homes, a housing property that provides affordable housing options to the middle class. He is also the founder of the Kennedy Okonkwo Programme For Tech Entrepreneurs.

Failures

Before Kennedy Okonkwo gained admission into the University, he feared failure- he feared he might fail. Have you felt this way before? One of the major influences for this fear was the words of Tai Solarin, who had the philosophy of “may your road be rough”.

But Kennedy Okonkwo indeed became very successful. He passed his SSCE, WAEC, and other exams with flying colours in one sitting. However, he had his fair share of challenges in life on his journey to being a successful businessman. Rather than being discouraged by the challenges that he faced, he saw the challenges as developmental phases, using every single one to become a better person and strengthen his resilience to truly succeed.

One of the notable failures Kennedy Okonkwo experienced on his journey to successful entrepreneurship was when he lost an N18 million deal.

Societal Impact

Kennedy Okonkwo is a lover of humanity, and he is not ashamed to be called a Nigerian. He is one of those who believe that Nigeria will be great again. He actively represents this belief through the numerous projects and humanitarian activities he is involved in.

For instance, his company is directly and indirectly responsible for the well-being of about 2000 employees. Despite the present economic hardship in Nigeria, Kennedy Okonkwo boasts that he has never owned any of his workers’ salaries.

Other notable societal impact work Kennedy Okonkwo has spearheaded includes awarding scholarships to those who can’t afford quality education and mentoring entrepreneurs on the best way to build their businesses and avoid pitfalls. Even the widows are not left out of his financial support. Kennedy Okonkwo has been involved in various road construction projects in Lagos, especially the Etiosa Local Government and other road construction projects he is currently doing in his hometown in Anambra state.

Awards And Recognitions

A man of such notable background and impact as Kennedy Okonkwo surely cannot go unrecognized and unrewarded. Kennedy Okonkwo is the recipient of the following awards and recognitions:

• Peace Legend Icon of the Year 2019
• African Achievers Award – Excellence in Enterprise and Business Innovation 2019
• Entrepreneur of the Year – Nigerian Entrepreneurs Award 2018
• African Business Personality of the Year 2017

He was also featured in Forbes Africa’s Real Estate Supplement November 2018 edition.

Kennedy Okonkwo Marital Status

Kennedy Okonkwo is happily married to Ichechi Okonkwo (@ceooflagos), blessed with three children. His wife, Ichechi Okonkwo, is the CEO of Victoria Crest Homes, Dream Estate Lekki Ltd, Laundryking.

Kennedy Okonkwo  Houses

Kennedy Okonkwo lives in Lagos with his family and has houses all over Nigeria

Kennedy Okonkwo’s Net Worth

Kennedy Okonkwo has an estimated net worth of $1mllion – $5million.

Kennedy Okonkwo Cars

As a real estate mogul and friend to E-money, Obi Cubana, and Cubana Chief Priest, you should now understand the luxurious cars Kennedy Okonkwo owned, In fact, Kennedy Okonkwo owned two Rolls-Royce Phantom,

• Nord Tank

Ned Okonkwo is believed to be the first person to purchase Made in Nigeria Nord Tank by Nord Automobile. The Nord Tank offers you the complete package, it is strong, powerful, tough for bad roads, all wheel drive with significant higher ground clearance. Check Nord Motors Price List – Why You Should Buy Nigerian Made Vehicles

• Two Rolls-Royce Phantom

Ned Okonkwo has two Rolls-Royce Phantom in his car garage, We believe one of the Rolls-Royce Phantom is for The Wife, The Rolls-Royce Phantom imposes design blends classic Rolls-Royce cues with more modern elements to create stately curb appeal that’s second to none. The cabin—especially that of the extended-wheelbase model—is exceptionally spacious and extraordinarily comfortable. The finest leathers, woods, metals, and fabrics are carefully chosen to deliver a palatial ambience.

• Range Rover

The Range Rover is a 4×4 vehicle produced by Land Rover, a marque and sub-brand of Jaguar Land Rover, a subsidiary of Tata Motors. It is generally considered a luxury vehicle.

Conclusion

Kennedy Okonkwo is known for his humility and simple lifestyle. He has stated he has no interest in venturing into politics yet. Though he has become very successful at a young age, compared to his contemporaries, Kennedy Okonkwo believes that a key way anyone can start creating wealth for him/herself is by creating value and being a problem-solver