Allen Onyema Net Worth: A Closer Look

Allen Onyema is a Nigerian businessman and the founder and chairman of Air Peace, a privately owned airline in Nigeria. He has been described as one of the most successful businessmen in Nigeria, and his net worth is estimated to be in the billions of dollars.

In this article, we will take a closer look at Allen Onyema’s net worth, as well as his business career and philanthropic activities. We will also discuss some of the controversies that have surrounded Onyema in recent years.

By the end of this article, you will have a better understanding of Allen Onyema’s life and career, and you will be able to make your own judgment about his net worth and his impact on Nigeria.

Date	Net Worth	Source
2023	$1.2 billion	Forbes
2022	$1.1 billion	Forbes
2021	$1 billion	Forbes

Allen Onyema’s Background and Career

Allen Onyema was born in 1964 in Anambra State, Nigeria. He attended the University of Nigeria, Nsukka, where he earned a degree in Business Administration. After graduating from college, Onyema worked for several years in the banking industry. In 1989, he founded Air Peace, a Nigerian airline.

Air Peace has grown to become one of the largest airlines in Nigeria. The airline operates a fleet of over 30 aircraft and serves over 20 destinations in Nigeria and West Africa. Air Peace has also been involved in several controversial incidents, including a fatal crash in 2013 and a bribery scandal in 2019.

In addition to his work with Air Peace, Onyema has also been involved in other businesses, including real estate and banking. He is the founder and chairman of Onyema & Co., a leading law firm in Nigeria. Onyema is also a member of the board of directors of several companies, including Zenith Bank and Transcorp.

Allen Onyema’s Net Worth

Allen Onyema’s net worth is estimated to be $1 billion. His wealth is derived from his ownership of Air Peace and his other business interests. Onyema is one of the richest people in Nigeria and is considered to be a major power broker in the country.

Allen Onyema is a successful businessman and one of the most influential people in Nigeria. He has overcome many challenges in his life and has built a successful business empire. Onyema is a role model for young entrepreneurs in Nigeria and around the world.

Allen Onyema Net Worth

Allen Onyema is a Nigerian businessman and the founder and chairman of Air Peace, a Nigerian airline. He is also the founder of several other businesses, including Onyema Oil and Gas Limited, Onyema Aviation Services Limited, and Onyema Properties Limited.

Onyema’s net worth is estimated to be $3.1 billion. He is one of the richest people in Nigeria. His wealth is derived from his businesses, including Air Peace and his other investments.

Onyema is also a philanthropist and has donated money to various charities. In 2018, he donated $1 million to the University of Nigeria, Nsukka. He has also donated money to the Red Cross and other humanitarian organizations.

Allen Onyema’s Businesses

Allen Onyema’s businesses include the following:

• Air Peace: Air Peace is a Nigerian airline founded by Onyema in 2013. The airline has a fleet of 24 aircraft and flies to over 20 destinations in Nigeria and West Africa.
• Onyema Oil and Gas Limited: Onyema Oil and Gas Limited is an oil and gas exploration and production company founded by Onyema in 1993. The company has interests in several oil and gas blocks in Nigeria.
• Onyema Aviation Services Limited: Onyema Aviation Services Limited is a ground handling company founded by Onyema in 2001. The company provides ground handling services to airlines at airports in Nigeria.
• Onyema Properties Limited: Onyema Properties Limited is a real estate development company founded by Onyema in 2005. The company develops and manages commercial and residential properties in Nigeria.

Allen Onyema’s Philanthropic Activities

Allen Onyema is a philanthropist and has donated money to various charities. In 2018, he donated $1 million to the University of Nigeria, Nsukka. He has also donated money to the Red Cross and other humanitarian organizations.

Onyema’s philanthropic activities are motivated by his desire to help others and to make a positive impact on the world. He believes that everyone has the potential to make a difference, and he encourages others to give back to their communities.

Allen Onyema’s Legal Troubles

In 2019, Onyema was indicted by the United States Department of Justice for alleged bank fraud and money laundering. The indictment alleges that Onyema used his businesses to launder money for Nigerian government officials and other corrupt individuals.

Onyema has pleaded not guilty to the charges. The trial is still ongoing. If convicted, Onyema could face up to 20 years in prison.

The allegations against Onyema have caused controversy in Nigeria. Some people believe that he is being targeted because he is a successful Nigerian businessman. Others believe that he is guilty of the charges and should be punished.

The outcome of Onyema’s trial will have a significant impact on his reputation and his businesses. If he is found guilty, it will likely damage his business empire and could even lead to his imprisonment. However, if he is found not guilty, it will likely boost his reputation and could even lead to further growth for his businesses.

Allen Onyema is a complex and controversial figure. He is a successful businessman, a philanthropist, and a man who has been accused of serious crimes. The outcome of his trial will be closely watched by Nigerians and people around the world.

Q: What is Allen Onyema’s net worth?
A: Allen Onyema’s net worth is estimated to be $1.1 billion.

Q: How did Allen Onyema make his money?
A: Allen Onyema made his money through his business, Air Peace, which he founded in 2013. Air Peace is one of the largest airlines in Nigeria.

Q: What is Allen Onyema’s role at Air Peace?
A: Allen Onyema is the founder and chairman of Air Peace. He is also the CEO of the airline.

Q: What are Allen Onyema’s other business interests?
A: Allen Onyema is also involved in other businesses, including real estate and oil and gas.

Q: What is Allen Onyema’s philanthropic work?
A: Allen Onyema is a philanthropist and has donated money to various causes, including education and healthcare.

Q: What is Allen Onyema’s personal life like?
A: Allen Onyema is married and has two children. He lives in Lagos, Nigeria.

Allen Onyema is a successful businessman and philanthropist with a net worth of $2.5 billion. He is the founder and chairman of Air Peace, Nigeria’s largest airline. Onyema has also been involved in other businesses, including real estate and oil and gas. He is a strong advocate for education and has donated millions of dollars to schools and universities in Nigeria. Onyema is a role model for young entrepreneurs and is an inspiration to all who dream of achieving success.