Nigerian Igbo billionaire businessman, founder and CEO of Innoson Motors Innocent Chukwuma net worth, biography, cars, houses,wife, children, phone number and many other things you need to know about the entrepreneur.
Innocent Ifediaso Chukwuma is a Nigerian
businessman and an Entrepreneur. He is the Chairman
of Innoson Group of Companies , and the man behind
Africa’s first automobile brand, Innoson Vehicle
Manufacturing. Innocent Chukwuma was born on 1st
October 1961 in Uru-Umdim, Nnewi, Anambra State.
His dad, Chukwuma Mojekwu was a government
employee while his mom, Martina Chukwuma was a
stay-at-home mum. He is the last of the six siblings,
four males, and two females.
Real name – Innocent Ifediaso
Date of birth – 1st October 1961
– Federal Republic of
Nickname – Ifediaso
– Business magnate
Net worth – $1Billion
Innocent Chukwuma began his private company as a
merchant in cruiser save parts. He has since
developed into power in the automobile producing
area in Nigeria. Innocent Chukwuma had his Primary
education and Secondary school education in Uru-
Umudim in Nnewi. He finished in 1978, and then
applied to study Engineering but was not selected
because he did not meet the cut-off mark required for
his Engineering course.
While awaiting the result before finding out he did not
make the list, Innocent Chukwuma worked with his
older brother assisting him as a Chemist. It was while
he worked with his brother that he realised his love for
selling and marketing. After getting rejected to the
University of his choice, his older brother introduced
him to Chief Romanus Eze Onwuka, and he worked
with the popular Rojenny for a year. Chief Romanus
Eze Onwuka is the founder of the first private stadium
in Nigeria, Rojenny Stadium Oba near Onitsha.
He stayed with the Chief who was a Master in selling
Motorcycle spare parts, and there he learned the
rudiments of buying and selling on a larger scale in
Nnewi. After a year, he left and returned to work with
his older brother. His brother had turned his business
into a company also dealing in the sale of spare parts,
so he gave Innocent N3,000 to go and put into
practice what he had learned.
Innocent Chukwuma rented a shop with the money and
started trading also. After a year, Gabriel and Innocent
did a business analysis and soon closed the medicine
store to focus fully on the Motorcycle spare parts
business, Gabros International. In 1981, Innocent
Chukwuma left his sibling and began exchanging
Honda parts. Outfitted with his reserve funds and the
money his sibling gave him, he started exchanging
under the name Innoson Nigeria Limited. As time
advanced, he began bringing in bikes.
He understood that individuals were purchasing
recycled cruisers on the grounds that the new ones
were costly. The new bikes were costly in light of the
fact that they were imported amassed and a 40ft
holder could just take 40 bikes which bestowed the
expense of the bike. Innocent Chukwuma sought
approaches to reduce the expense of imported new
cruisers so Nigerians can manage the cost of new
bikes. This he did by bringing in the bikes dismantled
so more cruisers can find a way into the compartment
and getting them collected here in Nigeria.
With this groundbreaking thought, he had the option to
import 200 units of the bike in a similar 40ft
compartment and reassembled them upon their
appearance in Nigeria. This gave him the edge to sell
less expensive than his rivals at the pace of N60,000
to 80,000 rather than N150,000. The handy business
visionary, Innocent Chukwuma was the main individual
that brought the Jingcheng brand into Nigeria. This
was the way Innocent Chukwuma’s organization began
collecting marked cruisers simply like the Leventis and
Boulos Enterprises. Today, the organization is one of
the significant merchants, providers, and constructing
agents of cruisers and bike parts in Nigeria and West
He has won numerous awards in Nigeria, and he has
the honour of being the Officer of the Order of the
Federal Republic of Nigeria. He is happily married to
Ebele Chukwuma, and together they are blessed with
Innocent Chukwuma Net worth
As the founder of Africa’s biggest car making
company, Innocent Chukwuma has an estimated net
worth of $1 billion (N362 billion).
Innocent Chukwuma Cars
Innocent Chukwuma is the owner of Innoson Motors,
and as the proud owner, he rocks his brand with pride.
It is hard to see Innocent ride in a brand that isn’t an
Innoson vehicle. All cars that he has been spotted in
are Innoson made, and nothing else.
Innoson Chukwuma Houses
From popular news, it is known that Innocent
Chukwuman lives in Anambra State, Nigeria. The
number of houses he owns or the properties he owns
is unknown to the public.