Tonye Cole Net Worth: Tonye Cole Biography, Age, State, Wife, Children, Tribe, Education Background
Tonye Patrick Cole is a well-known Nigerian entrepreneur, politician, and generous person who has achieved a lot in different areas. Tonye Cole is currently 56 years old, having been born on January 11, 1967.
This blog post will give you a detailed summary of Tonye Patrick Cole’s life story, including his age, birthday, where he comes from, his family, education, early work experience, personal life, how much money he has, and his entire career. It will also talk about the differences in his estimated money and mention his impressive accomplishments and awards.
Tonye Cole Biography
Tonye Patrick Cole, born on January 11, 1967, is a prominent Nigerian figure. He hails from Abonnema, Eastern Region, Nigeria, which is now in Rivers State, Nigeria. From an early age, Tonye showed remarkable potential and went on to achieve great success in his career.
State of Origin | Tribe
He originates from Abonnema, which is located in Rivers State, Nigeria. Regarding his tribe, Tonye Cole is a member of the ethnic group associated with his place of birth.
Family Background | Early Life
Tonye Cole was born into a notable family in Nigeria. His father, Patrick Dele Cole, served as the managing director of the Daily Times Newspaper and as Nigeria’s ambassador to Brazil. Growing up in a supportive and influential environment, Tonye had the opportunity to develop his skills and pursue his ambitions.
Education | Early Career
Tonye Cole started his education at Corona School in Victoria Island, Nigeria. Later, he went to King’s College in Lagos and then studied at King’s Ely in Cambridgeshire, United Kingdom. He earned a bachelor’s degree in architecture and engineering from the University of Lagos.
To gain more knowledge and skills, Tonye Cole also studied in Brazil and obtained a Portuguese Certificate from Universidade de BrasÃlia. Additionally, he attended Harvard Business School’s Advanced Management Program in 2014 to improve his leadership abilities.
Tonye Cole began his career as an architect at Grupo Quartro SA, a Brazilian architectural firm in Goiania, Brazil. He worked on designing and implementing city development projects, including the capital city of Palmas in Tocantins state.
In 1993, Tonye Cole returned to Nigeria and became the Director of Operations at EMSA, the Nigerian office of a Brazilian Civil Engineering Company called Empressa Sul Americana de Montagens S.A. He managed important projects like the World Bank-funded water project for the Lagos Water Corporation.
Personal Life: Wife and Children
Tonye Patrick Cole is happily married to Dr. Sylvia Cole. They have three children named Vanessa Cole, TJ Cole, and Serena Cole. Tonye is grateful for his wife’s constant support, especially during difficult times.
Net Worth
There are different reports about Tonye Cole’s net worth, which can be confusing. In 2018, Wealth X stated that his net worth was around $1.4 billion.
However, in 2023, glusea.com estimated his net worth to be $500 million. Allfamousbirthday.com says it’s $5 million, and thefamousnaija.com mentioned $500 million in 2021.
Despite the different numbers, it is clear that Tonye Cole is a very wealthy person, with a net worth in the hundreds of millions or billions of dollars.
Career
Tonye Patrick Cole is a well-known figure in Nigeria, admired for his achievements as a businessman, philanthropist, and politician. This article provides an overview of his remarkable journey, highlighting his leadership in the energy sector, philanthropic endeavors, notable awards, and his recent foray into politics.
Leadership in the Energy Sector
Co-founder and leader of Sahara Group, an energy conglomerate operating in Nigeria and beyond. Served as the Group Executive Director, contributing to global expansion and upholding corporate governance principles. Sahara Group operates in 38 countries, employing over 4,000 individuals, with an annual turnover of $11 billion.
Philanthropic Contributions
Founder of Sahara Foundation, the charitable arm of Sahara Group, focusing on youth empowerment in Africa. Support for initiatives like the Nehemiah Youth Empowerment initiative, promoting positive change through practical strategies.
Establishment of the Behavioral Health Institute (BHI) to address behavioral health issues among Nigerian youths. Collaborations with foundations, including the Down Syndrome Foundation, Slum-2-School Foundation, The Compassionate Center, and orphanages.
Notable Engagements and Recognition
Board memberships in prominent organizations such as Atlas Mara, Bloomberg TV Africa, Enactus Nigeria, and more. Member of the Private Sector Advisory Group of the United Nations Sustainable Development Fund (UN SDG-F).
Appointed to the Expert Advisory Council on Citizen Engagement of the World Bank Group (WBG). Received various awards, including the Oil & Gas Council Lifetime Achievement and Executive of the Year Award, Wharton Club of Africa Award, Forbes/Ebonylife TV Best of Africa Award, and finalist for the Ernst & Young Entrepreneur Of The Year Award.
Authorship, Political Pursuits and Media Engagement
Published works such as “Morning Reflections” and “My God Thinks.” Columnist for “Watchers of Times” in Thisday Style, sharing insights and knowledge.
Decision to enter politics in September 2018, resigning from all board and executive roles. Contested the gubernatorial seat in Rivers State under the All Progressives Congress (APC) party. Despite legal challenges, emerged as the APC flag bearer for the 2023 gubernatorial elections.
In Conclusion
Tonye Patrick Cole’s journey as a businessman, philanthropist, and politician has left a lasting impact in Nigeria. From his leadership in the energy sector to his philanthropic contributions and political aspirations, he continues to make a significant difference in various spheres.
With his wealth of experience and commitment to positive change, Tonye Cole remains a prominent figure in Nigeria and beyond.
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