Kanu Nwankwo's Net Worth Is Around N18 Billion

If his investments at home and abroad is anything to go by, Nigeria soccer idol, Nwankwo Kanu should arguably be rated as Nigeria’s wealthiest footballer at the moment. He might not have signed mega contracts during his playing career, but he was wise enough to have invested heavily on real estate and hospital businesses at the twilight of his career as a retirement investment. A peep into his multi billion property shows that the ex-Nigeria skipper owns a mansion at Opebi area of Lagos which is being valued at about N150 million and an estate in Owerri.

However, insiders say his biggest asset is his Hardley suite located in Victoria Island, Lagos. It is one of the biggest hotels in Lagos and sources close to him say though he recently lost about N1.4 billion to fraudsters in his hotel business, he rakes over N2 million daily as profit.


The hotel we further gathered cost the two time African footballer of the year about N600 million to establish about five years ago. The 37-year-old also has another 5-star hotel on Port-Harcourt road,Owerri under construction and when completed, it would be ranked among the
best in the Eastern part of Nigeria.

Unknown to many,Kanu is a share holder in major Nigerian companies and has a photo- shop on Allen Avenue in Lagos and three mansions in Park view, Ikoyi.

Papillo as he is affectionately called has also invested in bottle water company and the Kanu Heart Foundation, a charity organisation where he gives back to the society. Apart from his investments, Kanu pockets millions of naira from corporate giants like Airtel,Peak milk
among several other big companies in Nigeria as endorsement deals.

His estimated assets and cash according to an online financial report is in the region of N18 billion.