Cosmas Maduka is one of Nigeria’s most inspiring entrepreneurs. He rose from humble beginnings to become a billionaire and a respected figure in the automotive industry. This article provides detailed information about his net worth, personal life, career, and family.
Early Life and Background
Cosmas Maduka was born on December 24, 1958, in Jos, Plateau State, Nigeria. He grew up in a poor family and lost his father when he was only four years old. The responsibility of helping his family fell on young Cosmas, who had to drop out of primary school to assist his mother. Despite his lack of formal education, he displayed an entrepreneurial spirit early in life.
At the age of seven, Cosmas started working as an apprentice at his uncle’s auto spare parts shop. This period taught him essential business skills and introduced him to the automotive world.
Age, Height, and Weight
As of 2024, Cosmas Maduka is 65 years old. While there is no publicly available information about his exact height and weight, he is often described as having a confident and commanding presence. His dedication to a healthy lifestyle ensures he remains active and energetic.
Net Worth
Cosmas Maduka is one of Nigeria’s wealthiest businessmen, with an estimated net worth of $500 million. Most of his wealth comes from his company, Coscharis Group, which is a leading distributor of luxury cars, agricultural equipment, and spare parts in Nigeria. Coscharis Motors represents prestigious brands like BMW, Jaguar, Land Rover, and Ford in Nigeria.
Maduka’s story of building a multi-million-dollar business from scratch continues to inspire entrepreneurs around the world.
Career Journey
Cosmas Maduka’s entrepreneurial journey is a true rags-to-riches story. After being dismissed by his uncle at the age of 14, he started his own business with just 200 Nigerian Naira. He sold motorcycle spare parts and worked tirelessly to grow his enterprise.
In 1977, he co-founded Cosmos Maduka and Sons, but after a disagreement with his partner, he ventured out on his own. This led to the creation of the Coscharis Group in 1979. The name “Coscharis” combines Cosmas’s name with that of his wife, Charity.
Today, the Coscharis Group is a conglomerate with diverse business interests, including:
- Automobile Sales: Official distributor for BMW, Ford, and other luxury brands in Nigeria.
- Agriculture: Supplies farming equipment and invests in agricultural development.
- Healthcare: Offers medical services and products through its subsidiaries.
Cosmas’s innovative leadership has turned the Coscharis Group into one of Africa’s most successful companies.
Family Life
Cosmas Maduka is a devoted family man. He is married to Charity Maduka, his supportive partner and co-founder of the Coscharis Group. The couple has been married for over 40 years and has been blessed with five children.
One of their daughters, Marilyn Maduka, is an influential figure in her own right. Marilyn works as an HR professional and is known for her intellect and leadership skills. She represents the next generation of the Maduka family, continuing their legacy of excellence and business acumen.
Cosmas often credits his wife, Charity, as a major factor in his success. He has spoken publicly about how her support and shared vision have helped him grow the business and navigate challenges.
Achievements and Recognition
Cosmas Maduka’s contributions to business and society have earned him numerous awards and recognition. Some of his notable achievements include:
- Entrepreneurship Awards: Honored for his innovative leadership and impact on the Nigerian economy.
- National Honors: In 2012, he received the title of Commander of the Order of the Niger (CON) from the Nigerian government.
- Public Speaking: Invited to speak at global events about entrepreneurship, resilience, and ethical business practices.
His story has also been featured in global media, including a documentary by CNN titled African Voices.
Read More
Gil Green Net Worth, Wiki, Age, Height, Weight, Career, and Family
1 thought on “Cosmas Maduka Net Worth, Wiki, Age, Height, Weight, Daughter, Career, and Family”