Simon Guobadia is a well-known figure in the entertainment industry who became a successful entrepreneur later. Born in Nigeria, he moved to the United States for his education and career. Simon Guobadia’s journey to wealth can be attributed to his ventures in various industries. Simon Guobadia net worth reflects his successful business endeavors and his ability to sustain himself in the business market. He is a CEO, film producer, investor, and entrepreneur who has reached great heights with remarkable achievements.
Early Life and Education of Simon Guobadia
Simon Guobadia was born on June 2, 1964, in Laos, Nigeria. His late father, Stanley Stephen Guobadia, was a retired assistant director of prisons, and his late mother, Martina Taiwo Guobadia, worked as an English school teacher.
He has a strong desire for success and finished his primary and secondary studies in Nigeria before moving to the US. Simon enrolled in Georgia State University, where he graduated with a bachelor’s degree in accounting. His dynamic career and personal life made him a notable personality in both entertainment and business circles.
Simon Guobadia Net Worth: Sources Of Income And Career Highlights
1. Earnings from media appearances
Earnings from media appearances increased Simon Guobadia net worth, which allowed him to become a millionaire. He appeared in various reality shows that captivated the attention of the audience to a greater extent.
2. Business investments
Business investments augmented Simon Guobadia net worth significantly, which allowed him to build more wealth. He started his career as a tax manager at an Atlanta-based company and served there for 2 years. In January 2007, he became the CEO of the “SIMCOL Group” of companies.
Simon is the founder of the SIMCOL company, which is involved with the distribution of petroleum products. It made substantial earnings, which is the primary source of Simon Guobadia net worth in his business ventures. Furthermore, Simon developed his company from the ground up into a multi-million-dollar entity.
3. Earnings from film production and entertainment investments
Film production and entertainment investments enlarged Simon Guobadia net worth, which enabled him to become rich. He invested in various companies in the entertainment industry that were involved in film production. Guobadia served as an executive producer on various films in the entertainment industry, including Jail Dogs and Son of the South.
He founded a film and television company called Simon Guobadia Productions, which was involved in several projects. Although some projects were not major blockbusters, they increased Simon Guobadia’s net worth with an additional source of income. Furthermore, he gained the knowledge and interest in filmmaking that allowed him to invest more money.
4. Investments in the hospitality industry
Simon Guobadia showed his interest in the hospitality industry and launched several bars and restaurants in Atlanta. On the other hand, he closed the bars due to bankruptcy and other problems. He launched a restaurant business in 2017, and its operations came to an end in 2020 because of the COVID-19 pandemic.
5. Income from real estate development
SIMCOL Group entered the real estate industry and started to invest its money in many residential and commercial projects across the southeastern United States. The company earned high profits that contributed considerably to Simon Guobadia net worth. It achieved several milestones under the leadership of Simon.
How much is Simon Guobadia worth?
Simon Guobadia is a successful entrepreneur who earns money from different streams. How much is Simon Guobadia worth? Sources reveal that he has a net worth of $40 million, which enabled him to enter the list of millionaires.
House properties owned by Simon Guobadia
Guobadia owned a 13,500-square-foot home sitting on 1.33 acres in Atlanta, and he used to share the property with his ex-wife, Falynn. He purchased the property in 2020 for $3.36 million and sold it on the market for $4.5 million in the year 2021. In early 2022, Simon and his now ex-wife, Porsha, purchased a $7 million Mediterranean-style mansion in Sandy Springs, Georgia. The mansion has five and a half baths and five bedrooms.
What is Simon Guobadia net worth 2024?
Simon Guobadia earns money from various sources, that allowed him to become a wealthy person. What is Simon Guobadia net worth 2024? Sources say that Simon has a net worth of $40 million.
Simon Guobadia net worth in 2025
At present, Simon Guobadia net worth is around $40 million with no major changes. At the same time, his net worth is likely to increase in the coming years due to his entrepreneurial skills and endeavours.
The Personal Life of Simon Guobadia
Simon has been married thrice, and his first marriage was with Karron English, who lived with him for 20 years. The couple had a son and a daughter. His second marriage was with the former RHOA actress Falynn Guobadia in June 2019, and their relationship ended in 2021.
He married RHOA star Porsha Williams in November 2022, and the relationship ended after 15 months. Porsha has filed for a divorce, and Simon has five children from his previous relationships. The entrepreneur has a collection of luxurious cars and replaces old cars with new ones.
Apart from that, Guobadia is known for his philanthropic activities, and he contributes to various charitable causes in education and healthcare. The businessman faced multiple deportation issues from the US due to various reasons. His height is 5 feet and 11 inches, and he has a weight of 60 kg. Simon lives a lavish lifestyle, and he has spent most of his life in Georgia.
Conclusion
Simon’s journey from Nigeria to the US is an inspirational tale of determination and resilience that made him a successful millionaire. He has achieved great success in the entertainment industry due to his strong abilities, entrepreneurial spirit, and tenacity. Simon Guobadia net worth reveals his hard work and his ability to seize opportunities at the right time. His career is a lesson for those who want to learn more about entrepreneurship, branding, dedication, and decision-making power. Moreover, his success story will inspire individuals to achieve their dreams effectively regardless of their background.
