Ernest Shonekan is a renowned Nigerian businessman, lawyer, and former head of state. He was born on May 9, 1936, in Lagos, Nigeria. He is currently 86 years old and resides in Nigeria. Shonekan is well-known for serving as the interim president of Nigeria in 1993. He was appointed by then-military dictator Ibrahim Babangida and his reign lasted for only 83 days. Shonekan is also the founder of a prominent law firm, Shonekan & Co. He has held various other high-profile positions throughout his career, including Chairman of the Nigerian Ports Authority and Chairman of the National Council of Privatization.
Early Life
Ernest Shonekan was born in Lagos, Nigeria, and grew up in the city. He completed his early education at C.M.S Grammar School in Lagos before proceeding to study law at the University of London. After completing his studies, he returned to Nigeria and began his legal career at the law firm of Sobowale, Sowemimo & Co. Shonekan quickly made a name for himself as a skilled lawyer and went on to found his own law firm, Shonekan & Co., in 1965.
Career
Ernest Shonekan’s career has been diverse and includes several high-profile positions in both the public and private sectors. After completing his law degree in London, he began his legal career at the law firm of Sobowale, Sowemimo & Co. He quickly made a name for himself as a skilled lawyer and in 1965, he founded his own law firm, Shonekan & Co.
In the 1970s, Shonekan was appointed as the Chairman of the Nigerian Ports Authority, where he played a crucial role in the development of the country’s port infrastructure. He later served as the Chairman of the National Council of Privatization, where he oversaw the privatization of several key industries in Nigeria.
In 1993, Shonekan was appointed by then-military dictator Ibrahim Babangida as interim president of Nigeria. His tenure as interim president was short-lived, lasting for only 83 days before he was succeeded by Sani Abacha. After his time as interim president, Shonekan returned to private practice and continued to run his law firm.
Throughout his career, Shonekan has held several other high-profile positions, including Chairman of the Vision 2010 Committee and Chairman of the Nigerian Economic Summit Group. He has also been involved in several philanthropic activities, including donating to various charitable causes and establishing the Shonekan Foundation, which provides scholarships and support to underprivileged children in Nigeria.
Ernest Shonekan Net Worth
Ernest Shonekan’s net worth is estimated to be around $200 million. He has accumulated his wealth through various business ventures and investments over the years. Shonekan is the founder of Shonekan & Co., a prominent law firm in Nigeria. He has also held various high-profile positions in the Nigerian government and private sector, including Chairman of the Nigerian Ports Authority and Chairman of the National Council of Privatization. The following table shows Shonekan’s estimated net worth over the years:
| Year | Net Worth | Source of Income |
|---|---|---|
| 2021 | $200M | Investments, Business Ventures |
| 2020 | $190M | Investments, Business Ventures |
| 2019 | $180M | Investments, Business Ventures |
| 2018 | $170M | Investments, Business Ventures |
| 2017 | $160M | Investments, Business Ventures |
Shonekan owns several properties in Nigeria, including a mansion in Ikoyi and a vacation home in Lekki. He is also known to be an avid car collector, with a fleet of luxury vehicles that includes a Rolls-Royce Phantom and a Mercedes-Benz S-Class.
Lifestyle
Ernest Shonekan is a private individual and not much is known about his personal life. He is married with children and is known to lead a luxurious lifestyle. In addition to his properties and car collection, Shonekan is also a collector of fine art and is known to own several valuable pieces. Despite his wealth and success, Shonekan is also known for his philanthropy and has made significant donations to various causes over the years.
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