Who is Obi Cubana?
Obinna ‘Tochukwu’ Iyiegbu is a Nigerian businessman, entrepreneur, and investor, often associated with the real estate sector. He is popularly known as Obi Cubana, a nickname that had gained significant recognition in recent years, particularly due to his lavish lifestyle and high-profile social events.
Early Life and Education
Obinna was born on the 12th of April 1945 in Anambra State. He is from Oba in Idemili South Local Government Area of Anambra State. He is married to Ebele Iyiegbu and they have five sons.
His early schooling was at Central Primary School before attending Dennis memorial Grammar school for his secondary education. He then proceeded to the University of Nigeria, Nsukka where he graduated with a Bachelors of Arts degree in Political Science in 1998. He was conferred an Honorary Doctorate Degree from the Enugu State University of Science and Technology(ESUT) on the 26th of November, 2022.
Networth
Obi Cubana is recognized as one of Nigeria’s wealthiest and most influential figures in the social/entertainment scene, excelling in entertainment, event promotion, and entrepreneurship. His net worth is estimated at $96 million(N67 billion), encompassing his income, properties, and assets.
List of Cubana Group businesses and establishments
Iyiegbu is the Chairman/Founder of the Cubana Group. His career as an entrepreneur started in 2006 when he founded a nightclub called Ibiza Club in Abuja. In 2009, he established a hospitality club called Cubana in Owerri, Imo State.
Other establishments under the Cubana Group include:
- Casa Cubana, Abuja
- Opium By Cubana, Owerri
- Montana By Cubana, Lagos
- The Grind by Cubana, Lagos
- Pablo by Cubana, Lagos
- Cubana Signature, Abuja
- Puzzo by Cubana, Abuja
- Caledonian Suites, Abuja
- Crave by Cubana, Abuja
- Hustle and Bustle, Abuja
- Grand Cubana Hotels, Abuja
- Cubana Gustavo, Enugu
- Ibiza Nightclub, Abuja
- Casa Cubana, Abuja
Lifestyle
One of the most notable aspects of Obi Cubana’s lifestyle is his penchant for hosting extravagant celebrations. His mother’s funeral in 2021, which became a widely discussed event, showcased his ability to host opulent gatherings. The funeral featured a star-studded guest list, including celebrities, business moguls, and politicians, with luxurious displays of wealth that captured the attention of both Nigerians and international media. Such events have cemented Obi Cubana’s reputation as a man who knows how to celebrate in style.
Despite his love for a good party, Obi Cubana also demonstrates a commitment to philanthropy. He regularly engages in charitable endeavors, supporting causes that benefit his community and those in need. His generosity adds a layer of depth to his public persona, showing that he is not a symbol of wealth but also someone who gives back.
Awards
Obi Cubana has won several awards, some of which are:
- Ghana-Nigeria Achievers Award 2017 as Inspiring Personality Awards, 2017
- Africa Canada Invest Summit Award, 2022
- Democracy Entrepreneur of the Year at the Democracy Heroes Awards in 2018
- Special Leadership Awards from Rightville School, 2017
- Young Entrepreneur of the year, 2016
- Northern Nigeria Peace Summit/Awards 2017 as Northern Nigeria Peace Builder of the Year, 2017
Conclusion
In conclusion, Obi Cubana’s lifestyle embodied the fusion of entrepreneurship, luxury, and social influence. Through his successful business ventures, extravagant events, and strategic investments, he had become a symbol of wealth and achievement in Nigeria.
