Segun Adebutu, whose full name is Olusegun Adebutu, is a Nigerian businessman and philanthropist.
He was born on May 17, 1977, in Nigeria. Segun Adebutu is the son of Kensington Adebutu, a renowned businessman and founder of Premier Lotto Limited, popularly known as “Baba Ijebu.”
Segun Adebutu had his early education in Nigeria and later pursued higher education abroad. He attended the University of Lagos, where he obtained a Bachelor’s degree in Civil Engineering.
He furthered his studies at the Cranfield University in the United Kingdom, where he earned a Master’s degree in Business Administration.
Following his education, Segun Adebutu ventured into various business sectors. He is primarily known for his involvement in the gaming industry.
He is the CEO of Petrolex Group, a Nigerian integrated energy company that operates in the downstream sector of the oil and gas industry.
Additionally, he is the founder and CEO of Petrolex Oil and Gas Limited, which focuses on petroleum product storage and distribution.
Segun Adebutu has also made significant contributions to the lottery and gaming industry in Nigeria. He serves as the Chairman of Premier Lotto, one of the largest gaming companies in the country.
Premier Lotto operates the popular Baba Ijebu brand, which offers various lottery and gaming services to the Nigerian public.
Apart from his business ventures, Segun Adebutu is actively involved in philanthropy. He has established the Oladiran Olusegun Adebutu Foundation (OOAF), named after his late father, to support various charitable causes in Nigeria.
The foundation focuses on areas such as education, healthcare, poverty alleviation, and empowerment programs.
Segun Adebutu has received recognition for his business achievements and philanthropic efforts. He is regarded as one of Nigeria’s successful entrepreneurs, contributing to the growth of the country’s economy and the welfare of its citizens.
Segun Adebutu Wife
Segun Adebutu was married to Temitope Adebutu and they have been living happily since then
Segun Adebutu Net Worth
Segun Adebutu has an estimated net worth of $1.2 billion. He is the founder and chairman of the De-United Group, a conglomerate with interests in shipping, oil and gas, real estate, and hospitality.
Adebutu is also the owner of the Shooting Stars Sports Club, a professional football club in Nigeria.
Adebutu was born in Abeokuta, Ogun State, Nigeria, in 1954. He started his business career in the early 1980s, and quickly became one of the most successful entrepreneurs in Nigeria.
In 1988, he founded the De-United Group, which has since grown into a major conglomerate with interests in a wide range of industries.
Adebutu is also a major philanthropist. He has donated millions of dollars to various charities and foundations, and he is the founder of the Segun Adebutu Foundation, which provides scholarships and other assistance to young people in Nigeria.
In 2017, Adebutu was named one of the 100 most influential people in Africa by Forbes magazine. He is a respected figure in Nigeria and is known for his business acumen and his commitment to philanthropy.
Segun Adebutu Children
Segun Adebutu has 10 children. His first wife, Abimbola, gave birth to 5 of his children:
- Adeola Adebutu
- Tokunbo Adebutu
- Deji Adebutu
- Adenike Adebutu
- Adeyeye Adebutu
His second wife, Modupe, gave birth to 5 of his children:
- Dapo Adebutu
- Ademola Adebutu
- Adeola Adebutu
- Adeola Adebutu
- Adeola Adebutu
Segun Adebutu is a Nigerian businessman and politician. He is the founder and chairman of Premier Lotto, one of the largest lottery companies in Nigeria.
He is also the chairman of the football club Shooting Stars Sports Club of Ibadan. Adebutu is a philanthropist and has donated to a number of charities, including the Oladiran Olusegun Adebutu Foundation, which he founded in honor of his late son.
Adebutu’s children are all involved in his businesses and charities. His eldest son, Deji, is the CEO of Premier Lotto.
His other sons, Dapo and Ademola, are also involved in the company. His daughters, Adeola, Tokunbo, and Adenike, are all involved in the Oladiran Olusegun Adebutu Foundation.