Allen Onyema Net Worth (Updated 2025).

Allen Onyema, born and raised in Nigeria, began his career in the aviation industry with a passion for transforming air travel in Africa. After graduating with a degree in Aeronautical Engineering, he started his professional journey as an aircraft engineer, where he honed his skills and developed a deep understanding of the intricacies of the aviation sector. This foundation laid the groundwork for his future endeavors.

In 2006, Onyema took a leap of faith and established Air Peace, a domestic airline in Nigeria. With a vision to provide safe, reliable, and affordable air travel, he initially operated with just two aircraft. However, his commitment to excellence and customer satisfaction quickly propelled Air Peace to become one of the leading airlines in Nigeria, known for its punctuality and high safety standards.

Allen Onyema’s Current Net Worth (as of 2025)

As of 2025, Allen Onyema’s current net worth is estimated to be around $300 million, according to the latest available information.

Career

Allen Onyema is the founder and CEO of Air Peace, a Nigerian airline established in 2013. He started his career as a lawyer but transitioned into aviation, turning Air Peace into one of Nigeria’s leading airlines with a fleet of over 20 aircraft.

Other Ventures

In addition to Air Peace, Onyema has investments in real estate and other businesses. He is also a philanthropist, known for his contributions to education and healthcare in Nigeria through the Allen Onyema Foundation.

Assets

Onyema’s assets include Air Peace, his real estate investments, and other business ventures. He also owns luxury properties in Nigeria and abroad, as well as a collection of high-end vehicles.

Annual Income

As the CEO of Air Peace, Onyema’s annual income is primarily derived from his salary and bonuses. His exact annual income is not publicly disclosed, but it is estimated to be in the range of $10-15 million, based on industry standards for CEO compensation in the aviation sector.

Frequently Asked Questions about  Allen Onyema

Frequently Asked Questions: Allen Onyema Net Worth

1. What is Allen Onyema’s net worth?

Allen Onyema’s net worth is estimated to be around $1 billion.

2. How did Allen Onyema make his money?

Allen Onyema made his fortune through his airline business, Air Peace, which he founded in 2013. Air Peace is now one of the largest airlines in Nigeria, operating both domestic and international flights.

3. What is Allen Onyema’s background?

Allen Onyema was born in Nigeria and graduated from the University of Lagos with a degree in Accounting. He also has a Master’s degree in Business Administration from the Enugu State University of Science and Technology.

4. When did Allen Onyema start his airline business?

Allen Onyema started Air Peace in 2013.

5. How many airlines does Allen Onyema own?

As of now, Allen Onyema owns one airline, Air Peace.

6. What are some of the challenges Allen Onyema has faced in his business?

Allen Onyema has faced several challenges in his business, including competition from other airlines, economic downturns, and the impact of the COVID-19 pandemic on the aviation industry.

7. How has the COVID-19 pandemic affected Allen Onyema’s business?

The COVID-19 pandemic has significantly impacted Allen Onyema’s airline business, leading to a decrease in passenger numbers and revenue. However, Air Peace has implemented measures to mitigate the impact, such as cost-cutting and seeking government support.

8. What is Allen Onyema’s role in his airline business?

Allen Onyema serves as the Chairman and Chief Executive Officer (CEO) of Air Peace.

9. Has Allen Onyema received any awards or recognition for his business?

Yes, Allen Onyema has received several awards and recognitions for his business achievements, including being named the African Aviation Personality of the Year in 2018 and the Nigerian Aviation Personality of the Year in 2019.

10. What is Allen Onyema’s philanthropic work like?

Allen Onyema is known for his philanthropic work, particularly in supporting education and healthcare initiatives in Nigeria. He has also provided support to victims of natural disasters and other crises through his airline’s foundation, the Air Peace Foundation.