The life of well-known real estate tycoon Kennedy Okonkwo is aptly described by the adage, “Your background need not put your back to the ground.”
Kennedy Okonkwo, who was born and raised in Lagos, Nigeria, and lost his father when he was just 16 years old, has overcome adversity to ascend to the top of Nigeria’s corporate world. Kennedy Okonkwo has influenced many young lives, given wings to the ambitions of young Nigerians and entrepreneurs, and given shelter and food to those in need. He is well-known and respected among the people in his Lagos society.
Read on to learn everything there is to know about Kennedy Okonkwo, a man whose life story is worth learning about:
|Real name||Kennedy Onyekachi Okonkwo|
|Date of birth||12 October 1977|
|Country of Origin||Federal Republic of Nigeria|
|Source of Wealth||Real estate|
|Net worth||$1mllion – $5million|
Kennedy Okonkwo Biography
Kennedy Onyekachi Okonkwo, the fifth child in an eight-person family, was born in Ojoto, Anambra State, Nigeria, but has lived the majority of his life in Lagos, beginning at Alagomeji, Yaba. On October 12, 1977, Kennedy Okonkwo was born into a Christian family.
Kennedy Okonkwo Education
Kennedy Okonkwo was inspired by his education-loving father to succeed in his primary, secondary, graduate, and post-graduate degrees, and he did so with distinction. He attended Mobolaji High School in Lagos for his elementary and secondary schooling before being accepted to the University of Ibadan to pursue a degree in psychology. From Lagos State University, he also holds a Master’s degree in Business Administration.
When Kennedy Okonkwo lost his father when he was just 16 years old, his life began to change dramatically. He was still in high school at the time, and the tragedy had a profound effect on him since he understood what true loss meant. Kennedy Okonkwo’s father had a significant impact on his schooling since he thought that education was the best gift he could give his children. According to his father, education is a vital component of survival and will put an end to poverty. Kennedy’s dad was far more involved in his academics than most fathers are, since he occasionally checked in on him at school, helped him with his homework, and most significantly, paid his tuition.
When his father passed away, his mother, a caterer, was unable to cover their living bills; as a result, they were quickly kicked out of their apartment. They were quickly booted out of his mother’s shop where they were staying shortly after that. When Kennedy was heading to meet his family under the Ikeja Bridge, where they lived, on his way “home” from school, it was a very upsetting experience for him.
However, luck was soon on their side since a priest named David came to their aid. At the Obafemi Awolowo guest house, he assigned them to the boys’ quarters. These encounters changed Kennedy’s outlook on life, and he resolved to make a difference for his family. We are grateful to Chief Sylvester Okonkwo, who paid for his education.
His decision to start his own business after leaving his paid position as the Strategy Advisor to the MD of his former company marked another significant turning point in his life.
Kennedy Okonkwo is now the MD/CEO of Nedcomoaks Limited, a real estate development company with complete specialization in real estate development, provision of architectural and civil designs, project consultancy and management, and a significant proficiency in construction using modern technology. This bold decision has paid off. He is the Chairman of Victoria Crest Homes, a housing complex that offers middle-class people, in particular, inexpensive housing options. The Kennedy Okonkwo Programme For Tech Entrepreneurs was founded by him as well.
Kennedy Okonkwo was afraid of failing and thought he might not succeed before he was accepted into the university. Have you ever experienced this? The proverbial “may your route be tough” was one of Tai Solarin’s main tenets, which had a profound impact on this phobia.
Kennedy Okonkwo did, however, achieve great success. He aced all of his exams—SSCE, WAEC, and others—in a single sitting. He faces his fair share of difficulties along the way to becoming a prosperous businessman, though. The difficulties he encountered did not deter him; rather, he regarded them as stages in his growth, using each one to improve himself and fortify his resilience in order to succeed.
On his path to becoming a successful entrepreneur, Kennedy Okonkwo has encountered a number of major setbacks, one of which was the loss of a N18 million deal.
Kennedy Okonkwo is a lover of people and is proud to identify as a Nigerian. In fact, he is among those who think Nigeria will once again be great. And he is actively representing this viewpoint through the many enterprises and charitable endeavors he is engaged in.
For example, around 2000 employees are directly and indirectly supported by his company. Kennedy Okonkwo boasts that despite the current economic hardship in Nigeria, he has never taken ownership of any of his employees’ salaries.
Other noteworthy societal impact initiatives Kennedy Okonkwo has led include giving scholarships to people who cannot afford a good education and advising business owners on how to grow their enterprises and avoid pitfalls. Even widows receive some of his financial assistance. Kennedy Okonkwo is now working on a number of road construction projects in his homeland of Anambra state. He has been involved in numerous road construction projects in Lagos, particularly the Etiosa Local Government project.
Awards and Honors
A man with Kennedy Okonkwo’s background and effect certainly cannot go unnoticed and unappreciated. The following honors and recognitions have been bestowed to Kennedy Okonkwo:
- Peace Legend Icon of the Year 2019
- African Achievers Award – Excellence in Enterprise and Business Innovation 2019
- Entrepreneur of the Year – Nigerian Entrepreneurs Award 2018
- African Business Personality of the Year 2017
- He was also featured in Forbes Africa’s Real Estate Supplement November 2018 edition.
Ichechi Okonkwo (@ceooflagos), Kennedy Okonkwo’s husband, and they have three children together. Ichechi Okonkwo, his wife, is the CEO of Laundryking, Dream Estate Lekki Ltd., and Victoria Crest Homes.
Kennedy Okonkwo Houses
Kennedy Okonkwo owns homes throughout Nigeria and resides in Lagos with his family.
Kennedy Okonkwo Net worth
Kennedy Okonkwo’s net worth is reportedly between $1 million and $5 million.
Kennedy Okonkwo Cars
You should now be aware of the expensive vehicles Kennedy Okonkwo will own because he is a real estate magnate and friends with E Money, Obi Cubana, and Cubana Chief Priest. In fact, Kennedy Okonkwo owns two Rolls-Royce Phantoms.
The Made in Nigeria Nord Tank by Nord Automobile is thought to have been the first item purchased by Ned Okonkwo. The Nord Tank provides you with the full package; it is robust for rough roads, all-wheel drive, and has noticeably higher ground clearance.
The Rolls-Royce Phantom’s design combines traditional Rolls-Royce features with more contemporary components to produce magnificent curb appeal that is unmatched. Ned Okonkwo has two Rolls-Royce Phantoms in his garage, one of which we presume is for The Wife. Particularly in the extended-wheelbase model, the cabin is exceptionally roomy and comfortable. To create a palatial atmosphere, the best leathers, woods, metals, and fabrics are meticulously selected.
The Range Rover is a four-wheel drive vehicle manufactured by Jaguar Land Rover, a Tata Motors subsidiary. The Range Rover is typically regarded as a luxury automobile.
Kennedy Okonkwo is renowned for his modesty and straightforward way of life. He has claimed that he is not yet interested in entering politics. Kennedy Okonkwo is an extremely successful young man in comparison to his colleagues, but he thinks that anyone can start building money for themselves by adding value and being a problem-solver.