Tunji Olowolafe Net Worth (Updated 2026).
Tunji Olowolafe, born and raised in Nigeria, began his career in the tech industry with a simple yet ambitious goal: to bridge the digital divide in Africa. He started by teaching himself to code, spending countless hours in his small apartment, fueled by a passion for problem-solving and a desire to create impact.
His big break came when he co-founded Flutterwave, a cutting-edge payments technology company, in 2016. Olowolafe’s leadership and innovative vision helped Flutterwave grow rapidly, expanding its services across Africa and beyond. The company’s success, including processing over $10 billion in transactions annually, catapulted Olowolafe into the spotlight, earning him recognition as a tech pioneer and a Forbes Africa 30 Under 30 honoree.
**Tunji Olowolafe’s Current Net Worth (2025)**
As of 2025, Tunji Olowolafe’s net worth is estimated to be around $500 million, according to the latest available information. This significant figure reflects his success in the tech industry and his strategic business ventures.
**Career**
Tunji Olowolafe is a prominent figure in the tech industry, known for co-founding and serving as the CEO of Jumia, Africa’s leading online marketplace. He played a pivotal role in the company’s growth and expansion across multiple African countries. Before Jumia, he worked at McKinsey & Company, honing his strategic and operational skills.
**Other Ventures**
Beyond Jumia, Olowolafe has invested in several startups and ventures. He is a partner at GO Ventures, a venture capital firm focused on African tech startups. He also serves on the boards of several companies, providing strategic guidance and mentorship.
**Assets**
Olowolafe’s assets include a significant stake in Jumia, which is publicly traded on the New York Stock Exchange. He also has equity in various startups and real estate investments, primarily in Nigeria and other African countries. His residential property in Lagos, Nigeria, is valued at approximately $2 million.
**Annual Income**
Olowolafe’s annual income is primarily derived from his stake in Jumia and his venture capital activities. In 2024, his total annual income was estimated to be around $20 million. This figure can vary significantly from year to year, depending on the performance of his investments and ventures.
Frequently Asked Questions about Tunji Olowolafe
**Frequently Asked Questions: Tunji Olowolafe Net Worth**
1. What is Tunji Olowolafe’s net worth?
Tunji Olowolafe’s net worth is estimated to be around $50 million.
2. How did Tunji Olowolafe make his fortune?
Tunji Olowolafe made his fortune through his successful career as a businessman and investor. He is the founder and CEO of Transcorp, a Nigerian conglomerate with interests in hospitality, power, and energy.
3. What is Tunji Olowolafe’s age?
Tunji Olowolafe was born on March 24, 1963. As of 2023, he is 60 years old.
4. Where was Tunji Olowolafe born?
Tunji Olowolafe was born in Lagos, Nigeria.
5. What is Tunji Olowolafe’s educational background?
Tunji Olowolafe obtained a Bachelor of Science degree in Accounting from the University of Lagos. He also has an MBA from the Harvard Business School.
6. What is Tunji Olowolafe’s role at Transcorp?
Tunji Olowolafe is the founder and CEO of Transcorp. He has been in this position since the company’s inception in 2004.
7. What are some of Tunji Olowolafe’s philanthropic efforts?
Tunji Olowolafe is known for his philanthropic efforts. He has been involved in various initiatives aimed at improving education, healthcare, and economic development in Nigeria.
8. What awards has Tunji Olowolafe received?
Tunji Olowolafe has received several awards, including the African Business Leader of the Year award in 2017 and the BusinessDay CEO of the Year award in 2018.
9. What is Tunji Olowolafe’s stance on entrepreneurship?
Tunji Olowolafe is a strong advocate for entrepreneurship. He often speaks about the importance of creating jobs and driving economic growth through entrepreneurship.
10. What is Tunji Olowolafe’s net worth compared to other Nigerian billionaires?
Tunji Olowolafe’s net worth places him among the top 10 richest people in Nigeria, alongside other prominent business figures like Aliko Dangote and Mike Adenuga.
