Davido’s Uncle, Ademola Adeleke Explains How He Built Multimillion-dollar Business In U.S. Without Family Support

 

Davido’s uncle, Senator Ademola Adeleke has opened up on how he was able to make his fortune by venturing into business.

He has been described as a multibillionaire businessman with operations in both the United States and Nigeria.  Adeleke claims he built his business empire without the help of his family.

Adeleke and a buddy co-founded Origin International Limited, a company that creates aroma and flavor for the food and cosmetics industries.

Adeleke founded a courier service company before moving into manufacturing, and he went on to secure a significant courier contract in the United States, Despite the fact that it was a one-man operation, his commercial savvy and skills guaranteed that his firm was given the contract.

In his words: “It was a thriving enterprise. I made a lot of money from the business. The business expanded so rapidly,”

“The business was a major break for me. It was also a pioneering effort. We penetrated several American markets. That manufacturing venture yielded a lot of returns. You know only competent and smart people can successfully create and run a business in the United States.

“I competed with a Whiteman to win,”

“I played many critical board room roles including being selected to lead a company team to negotiate for expansion loans from the Dublin headquarters. I not only negotiated and secured the loan but deployed my experience in the negotiation. I was a major asset to the board where I served for two terms,”