Nigerian-American billionaire Adebayo Ogunlesi recently experienced a significant spike in his net worth a few days after becoming a part of the Open AI team.
About a week ago, the Nigerian-born investment whizz, Adebayo Ogunlesi, was called to be a part of the Open AI board of directors.
Since then, his net worth has jumped to $2.3 billion, from $1.7 billion recorded on the 15th of January.
The staggering increase in his fortune is due to his investment portfolio, which is worth more than $1.8 billion.
This portfolio encompasses investments in BlackRock, the world's largest asset management, Kosmos Energy Holdings LLC, Topgolf Callaway Brands Corp., and Goldman Sachs Group.
Ogunlesi's exceptional wealth increase demonstrates his strategic investing aptitude.
By owning holdings in significant global corporations, he has established himself as one of Africa's most powerful corporate figures.
His investments in industries ranging from asset management to energy and leisure have proven to be quite profitable, demonstrating the importance of a well-diversified portfolio.
In 2024, he was part of the 3 Nigerians who made the Forbes 50 wealthiest Black Americans list.
Adebayo Ogunlesi on the board of Open AI
The decision to add Ogunlesi to the OpenAI board reinforces his global reputation as a visionary leader with a track record of driving innovation and commercial success.
The Nigerian billionaire being called into Open AI's board comes after BlackRock and GIP signed a $12.5 billion agreement in January 2024, establishing a preeminent multi-asset infrastructure investment platform.
With more than $100 billion in assets managed, GIP grew to become the largest independent infrastructure manager in the world under Ogunlesi's direction.
About 12 million shares of BlackRock common stock, worth $9.5 billion, and $3 billion in cash were exchanged in the transaction.
As reported by Billionaires Africa, the transaction, which was finalized in Q3 of 2024, resulted in an established platform that manages over $150 billion in assets across equities, debt, and other solutions.
As OpenAI continues to redefine artificial intelligence, Ogunlesi's participation on the board is expected to help shape the organization's strategic direction and worldwide relationships.
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