Obi Cubana Biography 2026: Net Worth, Age, Family, Businesses & Life Story
Dr. Obinna Tochukwu Iyiegbu, widely known as Obi Cubana, is one of Nigeria’s most influential entrepreneurs and social figures. His journey from humble beginnings in Oba, Anambra State, to building a multi-sector business empire reflects resilience, strategy, and visionary leadership.
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As the founder and chairman of the Cubana Group, Obi Cubana has reshaped Nigeria’s hospitality, nightlife, real estate, and lifestyle industries. His success story represents the modern architecture of Nigerian affluence—built on diversification, networking, and long-term investment thinking.
Obi Cubana Quick Facts
Full Name: Dr. Obinna Tochukwu Iyiegbu
Popularly Known As: Obi Cubana
Date of Birth: April 12, 1975
Age (2025): 50 years
Place of Birth: Oba, Anambra State, Nigeria
Nationality: Nigerian
Profession: Entrepreneur, Businessman, Philanthropist
Education: B.Sc. Political Science (Second Class Upper), University of Nigeria, Nsukka
Marital Status: Married
Wife: Ebele Iyiegbu (Lawyer)
Year of Marriage: 2008
Children: Five (four biological, one adopted)
Primary Business Group: Cubana Group
First Club: Ibiza Nightclub, Abuja (2006)
Cubana Group Founded: 2009 (Owerri)
Net Worth (2025): Estimated between $96 million – $600 million
Net Worth (2024): Approximately $500 million
Honorary Title: Doctorate Degree (ESUT, 2023)
Success Motto: “Work, pray, be good”
Obi Cubana Net Worth in 2025
Obi Cubana’s net worth remains a subject of widespread public discussion due to the scale of his investments and lifestyle. As of 2025, various estimates place his wealth between:
$96 million
$500 million
$600 million
The variation stems from private business valuations, undisclosed assets, and fluctuating market values. However, what is undisputed is that his fortune is driven by diversified income streams across hospitality, beverages, real estate, transportation, and technology.
Why Obi Cubana’s Biography Matters
Obi Cubana’s story is not just about wealth—it is about strategic evolution. His biography highlights how disciplined growth, smart partnerships, and calculated risk-taking can transform modest beginnings into an expansive business empire.
Sources of Obi Cubana’s Wealth
1. The Cubana Group
The Cubana Group is the foundation of Obi Cubana’s success. It began with Ibiza Nightclub in Abuja (2006) and expanded into a nationwide hospitality and entertainment brand.
Notable establishments include:
Cubana Lagos
Grand Cubana Hotels (Abuja)
Opium by Cubana (Owerri)
Hustle and Bustle (Abuja)
Cubana Gustavo (Enugu)
2. Beverages & Manufacturing
In 2022, Obi Cubana launched Odogwu Bitters, an herbal alcoholic beverage that quickly gained nationwide popularity.
He is also involved in beverage distribution and partnerships, including:
Sageitude Wines
Laurent-Perrier
Top Distribution Limited (established in 2025)
3. Real Estate Investments
Through Casa Cubana Real Estate Limited, Obi Cubana develops luxury residential and commercial properties in Abuja, Lagos, and Eastern Nigeria, contributing significantly to his net worth.
4. Diversified Ventures
Enviable Group: Chairman
Includes Enviable Transport, an e-hailing service launched in October 2023
Vaib Technology: Founded in 2024, focused on innovative gadgets and accessories
Lifestyle, Assets & Influence
Luxury Cars
Obi Cubana reportedly owns:
Rolls-Royce Wraith (≈ ₦340 million)
Mercedes-Benz S580 (≈ ₦250 million)
Mercedes-Maybach GLS 600
Lexus LX 570
Properties
Luxury mansion in Abuja
Expansive mansion in Oba, Anambra State
Brand Influence
He serves as a Samsung Icon for Samsung West Africa, promoting premium technology products across the region.
Early Life and Education
Obi Cubana was born into a family of educators.
Father: Chief Sir Alex Iyiegbu – School Principal
Mother: Mrs. Ezinne Uche Iyiegbu – Headmistress
He attended:
Central Primary School, Oba
Dennis Memorial Grammar School, Onitsha
He later graduated from the University of Nigeria, Nsukka (UNN) in 1998/1999 with a Second Class Upper degree in Political Science.
Career Beginnings: The First Million Naira
During his NYSC service in 1999 at the National Assembly in Abuja, Obi Cubana ventured into real estate and interior furnishing.
His first breakthrough came from a house-furnishing contract:
Profit: ₦600,000
Client Gift: ₦500,000
Total: ₦1.1 million
This milestone became the financial and psychological foundation of his entrepreneurial journey.
Rise of the Cubana Empire
With growing confidence and capital, Obi Cubana launched Ibiza Nightclub in 2006.
In 2009, he officially founded the Cubana Group in Owerri, expanding rapidly into multiple cities and industries.
Influence, Philanthropy & Public Recognition
Obi Cubana is known for mentoring young entrepreneurs, including Cubana Chief Priest.
His mother’s burial in July 2021 attracted nationwide and international attention, symbolizing his deep influence and extensive network.
In 2023, he received an Honorary Doctorate Degree from Enugu State University of Science and Technology (ESUT).
Family Life
Obi Cubana has been married to Ebele Iyiegbu, a lawyer, since 2008.
They have five children, including one adopted child, and are widely admired for maintaining strong family values despite public attention.
Frequently Asked Questions (FAQs)
What is Obi Cubana’s real name?
Dr. Obinna Tochukwu Iyiegbu.
How old is Obi Cubana in 2025?
50 years old.
Does Obi Cubana own a private jet?
Some sources claim he does, though details remain private.
Is Obi Cubana among the richest Nigerians?
Yes, he is considered one of Nigeria’s wealthiest and most influential entrepreneurs.
What is Obi Cubana’s success motto?
“Work, pray, be good.”
Conclusion
Dr. Obinna Iyiegbu, popularly known as Obi Cubana, is a defining figure in Nigeria’s modern business landscape. From nightlife to real estate, beverages, technology, and transportation, his empire reflects strategic diversification and disciplined growth.
While his exact net worth remains debated, his influence, assets, and business footprint firmly establish him as one of Nigeria’s most powerful entrepreneurs. His life story proves that true wealth is built through vision, resilience, relationships, and consistency.
Stay tuned for future updates on the Cubana Group’s global expansion plans.
