Chinedu Okoli Net Worth (Updated 2026).

Chinedu Okoli, born and raised in Nigeria, began his career in the tech industry after completing his degree in Computer Science at the University of Nigeria, Nsukka. He started as a software engineer at a local tech firm, where he honed his skills and gained valuable experience in the field.

In 2010, Okoli moved to the United States to pursue a master’s degree in Computer Science at the University of Illinois at Urbana-Champaign. It was during his time in the U.S. that he co-founded his first tech startup, a mobile app development company. This venture, while not his most successful, provided him with the entrepreneurial spirit and experience that would later propel him to fame.

Chinedu Okoli’s Current Net Worth (2025)

As of 2025, Chinedu Okoli’s net worth is estimated to be $1.5 billion. This significant wealth accumulation can be attributed to his successful career in the tech industry and strategic investments.

Career

Chinedu Okoli is the co-founder and CEO of Andela, a global tech talent accelerator. He started Andela in 2014 with Iyinoluwa Aboyeji and Christopher M. Clark. The company connects businesses with remote software developers from Africa, providing opportunities for talented individuals and helping companies fill tech roles. Okoli’s leadership has been instrumental in Andela’s growth, with the company valued at over $1.5 billion as of 2021.

Other Ventures

In addition to Andela, Okoli has also invested in various startups and initiatives. He is a venture partner at the venture capital firm, Lateral Capital, and has invested in companies like Flutterwave and Paystack. Okoli is also a co-founder of the non-profit organization, The Future Project, which aims to inspire and empower young Africans.

Assets

Okoli’s assets include a significant stake in Andela, as well as equity in other companies he has invested in. He also owns properties in Nigeria and the United States. Okoli’s primary residence is in Lagos, Nigeria, where Andela is headquartered. He also has a residence in San Francisco, California.

Annual Income

Okoli’s annual income is primarily derived from his role at Andela. As CEO, he receives a salary and equity compensation. His exact salary is not publicly disclosed, but as a co-founder and CEO of a successful tech company, it is likely to be substantial. Additionally, Okoli’s annual income may also include earnings from his investments in other companies.

Frequently Asked Questions about  Chinedu Okoli

Frequently Asked Questions: Chinedu Okoli Net Worth

1. What is Chinedu Okoli’s net worth?

Chinedu Okoli’s net worth is estimated to be around $100 million.

2. How did Chinedu Okoli make his money?

Chinedu Okoli made his fortune through his successful career as a Nigerian businessman and politician. He is the founder and chairman of the Chisco Group, a conglomerate with interests in logistics, transportation, and manufacturing.

3. What is the Chisco Group?

The Chisco Group is a Nigerian conglomerate founded by Chinedu Okoli. It operates in various sectors, including logistics, transportation, manufacturing, and real estate. The group’s flagship company, Chisco Transport, is one of the leading transportation companies in Nigeria.

4. When was Chinedu Okoli born?

Chinedu Okoli was born on December 25, 1961.

5. Where did Chinedu Okoli grow up?

Chinedu Okoli grew up in the southeastern part of Nigeria, in the state of Anambra.

6. What is Chinedu Okoli’s educational background?

Chinedu Okoli obtained a Bachelor’s degree in Business Administration from the University of Nigeria, Nsukka. He also has a Master’s degree in Business Administration from the Enugu State University of Science and Technology.

7. When did Chinedu Okoli start the Chisco Group?

Chinedu Okoli started the Chisco Group in 1988, with just a single truck for transportation services.

8. What political positions has Chinedu Okoli held?

Chinedu Okoli has served as a member of the House of Representatives in Nigeria, representing the Awka North and South constituency of Anambra State. He also served as the Minister of Transportation under the administration of President Goodluck Jonathan.

9. What are some of Chinedu Okoli’s philanthropic efforts?

Chinedu Okoli is known for his philanthropic efforts, particularly in the areas of education, healthcare, and youth empowerment. He has established scholarship schemes for students, built schools, and provided medical assistance to communities in need.

10. What are Chinedu Okoli’s future plans for the Chisco Group?

Chinedu Okoli has expressed plans to expand the Chisco Group’s operations both within Nigeria and internationally. He also aims to diversify the group’s investments into new sectors, such as technology and renewable energy.