Simon Guobadia’s Net Worth – How Much Does He Make?

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What is Simon Guobadia’s net worth? For a man who has until recently kept a low profile, Simon Guobadia has been in the news rather a lot lately. This is mostly a result of his personal affairs, the part he has played in the recent series of the Real Housewives of Atlanta, and his social media presence. Yet, there is so much more to Simon Guobadia, a self-made multi-millionaire.

So, who is Simon Guobadia?

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Simon Guobadia is a well-known businessman and philanthropist. He is known for his many successful enterprises and luxury lifestyle. He recently hit the news when Porsha Williams of the Real Housewives of Atlanta announced that she had become engaged to Simon Guobadia. Simon was still married to fellow Housewives star Falynn when the announcement about his new fiancé hit social media.

Simon Guobadia’s early life

Simon Iyore Guobadia was born in Benin Nigeria on the 2nd of June 1964. So, he will celebrate his 58th birthday this year.

According to Simon Guobadia’s home page, he was born into an upper-middle-class family. He has seven younger siblings. His father, Stanley Guobadia, worked for the prison services in Nigeria. His father had a successful career, retiring as the Assistant Director of Prisons.

Simon Guobadia completed high school at Loyola College, a Catholic boarding school in Nigeria run by Jesuit priests. From Loyola College, he moved to Government College in the Delta State of Nigeria. He did not complete his education at the college as he dropped out.

In 1982 Simon moved to the United States to complete his studies. He earned a Graduate Degree in Accounting and Finance at the University of the District of Columbia in 1993. Little is known about what Simon Guobadia did between 1993 and 2004 when he started at Deloitte.

Simon Guobadia’s net worth estimate and career

Simon Guobadia Net Worth

Simon started work as a Tax Manager at Deloitte in August 2004. He left at the end of 2006 to start his own business. He has clearly made some good business decisions as he has become a very successful entrepreneur and businessman. He is a licensed CPA in the states of Georgia and New York. Simon Guobadia’s Net Worth estimate is $40 million.

Simon wasted no time after leaving Deloitte. In January 2007, he founded Simon and Company. The name of the company soon changed to the SIMCOL Group. It was to be the holding company for Simon’s many businesses. His business interests span a range of industries that include logistics, energy, hospitality, and multimedia companies.

Simon has been the Chief Executive Officer of the SIMCOL Group since January 2007. According to his LinkedIn profile, he is also the CEO of the SIMCOL Petroleum Company LLC, a position he has also held since January 2007. SIMCOL Petroleum is a petroleum supplier with headquarters in Atlanta Georgia. It supplies both government and commercial enterprises.

Simon also holds the position of CEO of KLC Petroleum Transport LLC, which he joined in 2019. It is a freight forwarding and trucking company. Still, he has investments in various businesses well beyond the fuel industry.

He invests in industries as diverse as music, movies, restaurants, and hospitality. After a visit to Uganda following an invitation by the Senior Presidential Advisor on Diaspora Affairs, Abbey Walusimbi, Simon expressed an interest in investing in Uganda’s gas and oil industry. So, who knows when Simon Guobadia’s business interests will become international?

Simon owns several residential properties. He has a large collection of luxury cars. These include such names as Ferrari, Bentley, and Rolls Royce. He also owns boats and a private airplane.

Simon Guobadia’s interests in the hospitality industry

Until quite recently, Simon Guobadia owned the Atlanta restaurants, Time and Simon’s Restaurant. He also owned The Buckhead Bottle Bar in his hometown, Atlanta.

Though Simon’s Restaurant was a huge success, winning the trophy for Best Taste Restaurant, he was forced to close it in May 2020 due to Covid.  This was despite attempts to save the restaurant by offering takeout alternatives. Like many other similar businesses, Simon’s Restaurant fell to the pandemic.

This was not the first time that Simon had been forced to close a business for financial reasons. In 2014 he had to close The Buckhead Bottle Bar as it was bankrupt. His business was filed under Chapter 11 of the US Bankruptcy Code. He had invested $3.8 million in the bar by the time it was liquidated.

He says that he discharged all debts with suppliers and that Chapter 11 had been discharged. Though he has never published his net worth, Simon Guobadia’s net worth is estimated at $40 million. His primary source of income is his career as CEO of his business. His many investments also earn him a considerable fortune.

Simon Guobadia – a man of many talents

Simon is a man of many talents. He has even tried his hand at producing moves. He was the executive producer in the making of “Jail Dogs” in 2012. This documentary covered rescue dogs that form part of the Operation Second Chance Jail Dog Program for the Gwinnett County Jail.

He also directed the movie “Son of the South” in 2020 with the Academy Award winner Spike Lee. “Son of the South” is about a Klansman who joins a human rights movement. In addition, to these, Simon also produced the television special, “Ken Ford Live from the Buckhead Theatre”, in 2013 and a short movie, “Kill”, in 2019.

Simon Guobadia – the philanthropist

Simon Guobadia’s net worth is what makes him famous, but it’s not the only thing – he is also known for his philanthropy. He is a generous donor to Northpoint Ministries a group of seven Atlanta churches. He mentors young people in business, hoping to create a younger generation of high-net-worth entrepreneurs in Atlanta, Georgia.

Simon Guobadia’s personal life and family

After being in a relationship with model Falynn Pina for five years, Simon married her on the 14th of June 2019 at Villa Christina t Hyatt Regency. For both of them, it was a second marriage.

Simon had five children and Falynn three going into the marriage. They have no children together. Theirs was a blended family with eight children. Simon appeared on the NHOA in season 13 as Falynn’s husband. While their marriage appeared happy on screen, social media painted a different picture.

The engagement and divorce that made headlines

On 22 April 2021, Falynn and Simon made a public announcement that their marriage was over. He had filed for divorce twice. First in January 2021 and again in February of the same year.

In May last year, Simon Guobadia made headlines around the world when he became engaged to the famous Porsha Williams. Porsha shared the television stage with Falynn on the Real Housewives of Atlanta.

Porsha also hosts Bravo’s Chatroom. The couple announced their engagement the day after the last episode of Season 13 of the RHOA.

Directly after the announcement, Simon’s wife, Falynn 31, used her IG account to let followers know that her divorce from Simon was close to finalization.

Many fans were not impressed with Porsha’s engagement to Simon while he was still married to Falynn. She reacted on Instagram. Here’s some of what she had to say:

“For all of you that need facts, I get the optics but Simon filed for divorce from a previous marriage in January, I had nothing to do with their divorce filing. That’s between the two of them. Falynn and I are not friends, and Simon’s divorce has been settled. Our relationship is a positive, loving step forward in everybody’s lives.”

She made this pronouncement despite the fact that the two women appeared on the RHOA as friends. Porsha is also known to have visited Simon and Falynn’s Atlanta mansion.

Falynn and Simon were officially divorced in July 2021. Both partners agreed at the divorce not to pursue alimony. Simon paid Falynn her share of a joint property. He had also agreed in their pre-nuptial agreement to the payment of $50,000 in equitable distribution.

Before the divorce, Simon had claimed that Falynn was having an affair with Atlanta businessman, Jaylan Banks. A month after the divorce, Falynn announced on YouTube that she was expected a baby with Jaylan. On the 26th of November 2021, Falynn gave birth to Emma Sang Pina, a healthy baby girl. Falynn already has three sons, Troy 14, Dylan 13, and Liam 8.

Simon sells his Atlanta home

Simon’s reaction to Porsha’s announcement that she was pregnant was to sell the Atlanta mansion he shared with her. The house went for $4.5 million. The Buckhead estate was featured on the reality show RHOA.

According to property records, it has seven bedrooms and ten bathrooms. It’s perched upon 1.33 hectares of prime property. It sports an enormous courtyard and four garages where Simon once kept his selection of luxury vehicles. Just a year ago Simon paid $3.36 million for the house.

Simon also owns several other properties in Miami and Atlanta.

Porsha Williams – no stranger to controversy

Porsha Williams is no stranger to controversy. The forty-year-old was first married to Kordell Stewart, a former NFL player. They divorced in 2013 after Kordell claimed that Porsha was more interested in fame than in being a housewife.

This was followed by her engagement to Dennis McKinley in 2018. Porsha has a child, Pilar Jhena, with Dennis McKinley. The couple split in June 2019 after Porsha found out that he had been cheating on her while she was pregnant.

There were rumors that Porsha and Simon had become engaged because Porsha was pregnant, but she quickly squashed the rumors on the 18th of May 2021 when she declared that she was not pregnant. She is adamant that she and Simon only started dating in April. She says that she is madly in love with Simon.

In May Simon posted on Instagram

“I asked her to marry me because we checked ALL of each other’s boxes, and then some. We have done the individual work to sustain a healthy relationship, and I stand next to her, proud that we found each other.”

Porsha’s engagement ring features a 12 to 15-carat emerald-shaped diamond. It is valued at around $1 million. Not to be outdone, Porsha bought Simon an engagement ring of his own.

On the 5th of January Porsha posted that she was moving in with Simon. She handed the keys to her Duluth home to her mother, Dianne.

Porsha has said that she and Simon plan to have three weddings. They plan an African customary ceremony, one outside of the country and a traditional wedding. She also plans a funeral for the people that have given her a hard time on social media.

Porsha has left the NHOA for her own show. Porsha’s Family Matters in which she plans to showcase her new man. According to adverts, the first episodes deal with their retreat in Mexico. In the first series, Porsha will take everyone away for yoga, meditation, and fun in the sun at a stunning resort. She will take Simon and her ex-fiancé, Denis McKinley along for the fun.

Simon Guobadia’s background and family

Simon Guobadia is of mixed African descent and forms part of an extended family. Simon had two sisters but one is deceased. The surviving sister is Mary Awo-Osagie. He has four surviving brothers Stephen, Roland, Osato, and Stanley.

Simon has five children, Quentin, Nicole, Christian, Benjamin, and Ximena. The eldest is 24 and the youngest eight. In 2020, Simon’s eldest son, Quentin graduated from Hofstra University Film School. In the same year, Nicole Guobadia graduated from the University of Washington with a Bachelor of Science in Computer Science.

Though he is a fitness fanatic, Simon Guobadia enjoys smoking and is particularly fond of cigars.

Simon Guobadia has a Twitter, Facebook, and Instagram account. He uses his Instagram account to showcase his lavish lifestyle.

Simon Guobadia Net Worth & Bio Summary

Simon Guobadia net worth is estimated at $40,000,000 as at 2022.

Here is the full summary of the most critical facts about Simon Guobadia.

Name Simon Guobadia
Date of Birth 2nd of June 1964
Country of Birth Nigeria
Nationality American
Home town Atlanta
Education Graduate Degree in Accounting and Finance
University University of the District of Columbia
Religion Christian
Height 5’11”
Weight 180 pounds
Favorite sport Golf
Twitter @SimonGuobadia
Instagram @iamsimonguobadia

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