How much is Leo Stan Ekeh Net worth presently? Leonard Stanley Nnamdi Ekeh is a well-known business magnate in Nigeria who has been able to adequately build an empire of wealth that has impacted a lot of lives – both directly and otherwise since he started taking steps of exploits years back. Famously known as Leo Stan Ekeh, he is the boss at Zinox Technologies Limited and has created a lot of job opportunities for tons of people in the country. He was behind the hugest single ICT project in Sub Saharan Africa, and he has made various other impressive exploits in the ICT sector. His company also built the systems the country made use of during the 2007 and 2011 voters’ registration.
Leo Stan Ekeh Net Worth And Biography
- Full Name: Leonard Stanley Nnamdi Ekeh
- Place of Birth: Ubomiri Mbaitoli LGA, Imo State
- Date of Birth: 22nd of February, 1956
- Nationality: Nigerian
- Net Worth: $1billion
Leo Stan Ekeh Biography
Leo was born on 22 February 1956 in Imo State, in the Eastern part of the country. Although his parents were okay as far as finance is concerned, they were not entirely very wealthy people. Nevertheless, both were educated, and they prioritise learning. So, Leo found himself in a home where his dad works as a nurse and his mum a dietitian, alongside his five siblings (three boys with two girls).
Just as stated earlier, his parents were educated and knows the value of academic education – which ensured they sent the boy to good schools. He attended Holy Ghost College in Owerri before traveling to India to further his education.
In India, he studied Economics at Punjab University, after which he moved to the United Kingdom to accumulate more knowledge. His next destination was Nottingham University in England where he studied Risk Management at his postgraduate level.
When he was pretty young, he has developed a mindset to own his own business. His initial interest was to establish a huge transport firm in Nigeria. But after spending some time in India, he discovered the economy of the country is a ‘realistic economy’.
In 1986, he married his heartthrob – Chioma, and their union has produced 5 lovely children.
Stan is a committed entrepreneur who loves what he does. He has been able to expand himself into a man who owns various companies that keeps doing great stuff in the technology industry. Here are his companies:
- Technology Distribution Limited
- Task Systems Limited,
- Zinox Technologies
- Buyright Africa Dotcom Limited
- Task Direct Limited
- ITEC Solutions
The man’s first-ever attempt produced Task System Limited. They are actually the guys that moved first into computer graphics in the country. It is agreed that they had influenced a lot of things in Nigeria as far as advertising and publishing is concerned.
The Arrival Of Zinox Technologies Limited
Zinox Technologies Limited came into the scene in the year 2001, and it soared unhindered into a big thing. Leo put together some technocrats of like-minds and they corporately made the company one of the most innovative firms not only in Nigeria but in Africa.
Zinox prides itself as the first computer hardware manufacturing and ICT integration firm in the country to get ISO 9001-2000. In the whole of West Africa, it is the first internationally certified branded computer OEM.
Leo Stan has provided business solutions that make use of new technologies to integrate and maximise productivity. His firm makes products putting in mind the security of the IT system. Stan’s influence grew as his business began to help various African countries bring about improvements, aided by technology, in their electoral processes.
A few weeks ago, an American corporation admitted that as far as computer sales is concerned in Nigeria, Zinox is the best brand that leads the pack. We should also add that the brand is the only local OEM partner of both Microsoft and Intel corporation in the country.
Acquisition of Konga.com
Konga.com is one of his latest properties. It should be noted that the e-commerce firm was established in the year 2012 in Lagos, Nigeria and has carried out tons of transactions with numerous clients and customers. Nevertheless, Zinox has recently bought 99% of Konga.com shares and are now the brand’s new owners. They now control KongaPay as well as KOS-Express. It was made known that Leo Stan’s party chose to get Konga as a result of their interest in the e-commerce sector. Zinox is expected to have paid as huge as $34 million to get it.
It should be added that prior to the acquisition, Zinox has retail from known as Yudala. Therefore, when they got Konga, there was a merge between the duo, and Leo Stan became owners of the largest e-commerce and retail company in the continent.
Buyright Africa Dotcom Limited
This company is another one that means a lot to him and his wealth, and business for them is to execute and fund information and communication technology projects. They also offer ICT consultancy services.
Buyright Africa Dotcom Limited sells ICT products and tools with infrastructures, and they have various clients and patronisers. They are being patronised by the government (they provide computers to those working on behalf of the government) as well as educational institutions.
The company leases ICT tools to those who need them – the likes of computers, scanners, projectors, scanners, and so on.
Leo Stan Ekeh As A Philanthropist
Leo has spent a lot of money trying to better and enhance the lives of countless of people (both individually and corporately).
In 2000, he brought up the Computerize Nigeria Project to propel and ensure more acceptance of computers by citizens of the country. The CANi Scheme, launched by Leo, was made to ensure people in Nigeria can get laptops cheaply and on loan.
He has a charity organization used as a vehicle to touch more people directly (Leo Stan Ekeh Foundation). Some time ago, he gave over N1 billion to ensure the success of a scheme known as YUBOSS (meant to create wealth and support business owners). The organization also gave up to N50 million to those who were injured during the demolition of Okeukwu Owere Market in Imo State back then in 2017.
Being a religious person, we should also add that Stan built a church in Ubomiri community some years back.
Leo Stan Ekeh Net Worth
So, what is his net worth? How much is he really worth? Considering the superb structures he has been able to build, it is alright to be curious about what his net worth actually is.
Some months before now, he bought Konga.com and he now sits as chairman of the e-commerce company. Stan is one of the richest men in Nigeria, and he is a billionaire who is said to have a net worth of $1 Billion.
Well, according to sources, he is a billionaire who is worth $1 billion. That is indeed, a very huge amount of money, which has placed him amidst the clique of the richest Nigerians.
Leo Stan Ekeh Awards, Honours And Recognitions
His impressive exploits have been applauded on various occasions as he has received various awards and honours (both personal and corporate), some of which includes:
- ICT Personality, IT & Telecom Digest (in 2002)
- Corporate citizen of the year, Newspaper Proprietors Association of Nigeria (2002/2003)
- Nigerian Science and Technology Achiever of the Year (in 2003)
- Officer of the Order of the Federal Republic of Nigeria (in 2004)
- Awards of Excellence by This Day (in 2007)
- Fellow of the Nigerian Computer Society (by FNCS)
- He was appointed as a member of Nigerian Economic Summit Group
- He was given a Life Membership at Nigeria Institute of International Affairs.
- He was made the Director of Nigeria Institute of International Affairs.
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