Olugbenga Agboola, aka “GB”, is the co-founder and CEO of Flutterwave, a leading fintech company that simplifies payments across Africa and globally.
The company is headquartered in San Francisco but has major operations in Lagos, Nigeria.
Born in Born in 1985 in Lagos, Nigeria, Olugbenga is one of Africa’s richest and most influential tech entrepreneurs.
In this article, WOA looks at the serial entrepreneur’s net worth and financial journey.
Olugbenga Agboola Net worth & Property owned
Olugbenga is one of Africa’s richest and most successful technopreneurs.
His Flutterwave company was estimated to be worth over $3 billion in 2022, with his net worth being significantly north of $2 million.
Reports indicate that he enjoys a lavish lifestyle characterized by expensive cars, luxury watches, and high-end real estate.
In 2023, he bought a six-bedroom, seven-bathroom house in Miami Beach for $7.1 million from Boschetti Group, a real estate development firm.
However, like many successful entrepreneurs, he often prefers to keep his life private.
Olugbenga Agboola Education accolades
Olugbenga has numerous education certifications, a factor that has undoubtedly contributed to his success.
Many people are often confounded on how he managed to launch so many startups given the amount of time he seems to have spent at university.
His accolades include:
- Master of Business Administration (MBA) from the Massachusetts Institute of Technology (MIT) Sloan School of Management.
- Master’s degree in Information Technology Security and Behavioral Engineering.
- Standard IT security certifications from EC-Council University in Albuquerque, New Mexico.
- Project Management and Advanced Computing degree from the University of Westminster in London, England.
- Fundamentals of Finance for The Technical Executive (completed in November 2012).
- Leading Edge Operations Strategy (developed in April 2013).
- Supply Chain Strategy and Management program (participated in November 2014).
- Essential IT for Non-IT Executives training (completed in November 2014).
His range of skills includes ethical hacking, Server administration, Security & product management, retail banking, javascript, and PHP applications, among others.
Olugbenga Agboola Success Journey
Olugbenga is the typical definition of a job hopper. The 39-year-old has held weighty positions in over 4 banks, alongside tech giants like Google and PayPal.
His career started in the fintech sector as an application developer for British Telecom Professional Services, where he worked for a year before landing a job at PayPal in 2004.
From there, he joined Guarantee Trust Bank (DTB), where one of his jobs was to provide enterprise Infrastructure solutions. He then moved on to Standard Bank Nigeria, where he worked as a developer and technology product manager.
By then, his resume was ripe enough to get him a job at Google Wallet, where he worked as a project manager before moving on to head Sterling Bank’s financial services and later digital innovation at Access Bank.
In 2016, he launched Flutterwave, intending to create a single payment system that could be used across multiple African countries.
His venture was so successful that within 4 years of starting, the company had expanded to 15 countries.
Flutterwave has since partnered with tech giants like Microsoft, Alibaba, Uber, and Netflix, processing over $23 billion worth of transactions according to Forbes.
Olugbenga Agboola Scandals
Like many successful pan-African entrepreneurs, Olugbenga’s success has been dogged by controversy, with his company, Fluttewave, receiving a flurry of damaging allegations.
According to CNN, the company’s management has been accused of workplace bullying, sexual harassment, money laundering, and breach of employees’ contracts, among other scandals.
Nevertheless, Flutterwave remains Africa’s most valuable startup, with its visionary CEO maintaining his reputation as a leading figure in the African tech ecosystem
