₦airaland Forum

Asquare84:
Point of corrections OCHACHO is from Anambra state, his parent migrated to Benue state in the early 70 ts

helinues:
The word billionaire have been misused in Nigeria most especially some part of the country

Those who have made real money before will know how long it takes to have a billion Naira

You might be having it in deals, transactions but real saved cash 1bn, it's hard oo

BigYash:
Why is the man looking for so much attention,even with the kind of money he has?

He has been behaving for days now,like he just discovered social media.. his well fed kids aren't left out...

Asquare84:
Point of corrections OCHACHO is from Anambra state, his parent migrated to Benue state in the early 70 ts

Antoeni:
He is Foolish Man, Has He Ever Reward Any Best Graduating Student in University , Polytechnic, Nursing, NECO/WAEC, in Benue State or Establish any Vocational Skills Graduate? Now he Has Gifted An Olodo, a Stack Illiterate a Nuisance a Mansion , How do one Get Motivated ,When Stupidity And Foolishness is Been Rewarded Big, The Idoma People are Backward in Development,

Karlovich:
Billionaire until the Forbes list is published and they are nowhere to be found, spits.

Nwaikpe:
But on another hand, who told you that “money and gifts” can or should be a reward for academic excellence?

One reason why the academic sector has not been corrupted is simply because it has protected itself from a money such as yours.

The moment it loses guard, we will start having “billionaire Professors” whose sole aim is to prove how much they are “successful in academics” not by their published papers, but by “how much money they can show off.”

It’s a corrupt mind.

uche87:
The Nigerian media has produced more billionaires in news articles than in reality. The moment a man shows up and sprinkles money on social media influencers or donates money to a popular cause, the conventional media goes into overdrive with sensational captions that could generate traffic. The donor is termed a billionaire until the person involved starts to believe that.

The latest man on the block is King Mohammed Odeh Adah, popularly known as King Ochacho. He is a prominent businessman, real estate mogul, entrepreneur and philanthropist. Hailing from the Otukpo region of Benue State, he is the Chief Executive Officer of the Ochacho Group.

Ochacho reportedly generates his wealth primarily through a diversified portfolio of business ventures under the Ochacho Group, which include real estate, hospitality, tourism, oil and gas, and other commercial enterprises.

There is no official or publicly verified net worth for Ochacho, but some media platforms have estimated that he is worth $48 million without providing any credible evidence. Ochacho presently looks decent and honourable. He carries himself well, and there are no negative reports about him, at least for now. That is remarkable!

Before now, nothing much was known about him on social media. Benue State appears to have more problems than Nigeria as a whole: the prevalence of poverty, HIV/AIDS, low standard of living, natural disasters like flooding, security issues, political tussles and the likes.

Ochacho might have the money and simply want the fame that comes with it, just like the business mogul, Emeka Okonkwo, aka E-Money, and the rest. He studied the Nigerian media space and took the easiest and fastest route to announce himself. He rode on the wave of the wedding ceremony of Nigerian TikTok stars Peller and Jarvis and projected his image on social media.

He gifted the couple a property worth N400 million in a highbrow area of Abuja, the capital of Nigeria. Peller was shocked. He had never heard of Ochacho before. Media reports have it that Ochacho gatecrashed Peller’s wedding party and was almost removed from the upscale and celebrity-studded event.

Different accounts and insinuations have trailed the big-money house gift to Peller. Some said the keys would never be delivered to him. Ochacho did. Some said it was only a lease. The Nigerian celebrity circle is filled with celebrity stunts designed to garner media attention. A recent example was the controversial pretend wedding party organised by social media content creator Geh Geh. That was an expensive joke, but nobody seems to care much about credibility in a space like that.

Since the announcement of the property gift, Nigerian bloggers appear to have had a camera at the back of Ochacho’s head. One blogger reported that he had a set of gold-plated teeth and, unnecessarily, focused on a big pimple on the left side of his cheek. That was crazy, in my view. There is also the possibility of Ochacho’s PR machine working behind the scenes.

Since Ochacho appears to have money to spare, some celebrity praise-singers like ‘Lekki Street Boy’, the self-acclaimed biggest beggar in Africa, have targeted him. Since Lekki Street Boy has thousands of followers on social media, mainly on TikTok, and fits into the publicity structure that Ochacho appears to crave, he invited him to his house in Lagos.

Lekki Street Boy would later announce that he was gifted a sum of N2 million as transport fare. He made a video with Ochacho, singing his praises while Ochacho’s potbelly was proudly paraded in front of the camera.

At a time when successful people are hiding their heads and wealth due to the insecurity crisis, kidnapping for ransom and threats posed by people begging others for money, Ochacho is sticking his head out. It appears he wants the spot occupied by E-Money in the Nigerian social media space.

Ochacho is also projecting his son, who is a 13-year-old musician named IceKing Ochacho. Many believe there might be a reason for his newfound interest in fame. But with Ochacho’s enthusiasm, there might be more to the story.

Nigeria is such an interesting country with complex people. One wonders how a billionaire businessman just springs up with an array of businesses without a visible workforce, publicised vacancies or recruitment exercises. Well, I believe in miracles.

In the UK, if a ‘billionaire’ suddenly drops from the sky overnight, parading a lavish lifestyle, high-end real estate developments, a fleet of luxury vehicles and high-profile philanthropic gestures without credibly audited financial assets to back the claims, the media would probably start looking into the matter, as seen in controversies surrounding other extraordinary claims about public figures.

So, who exactly is King Ochacho? Is he genuinely a billionaire, or has the Nigerian media simply crowned another wealthy man with a title that sounds good in a headline?

Perhaps only Ochacho and his accountants know the real answer.

https://www.facebook.com/thevillagetowncrier/posts/pfbid023byiW5eL52f815jX1ABCuHDmrQnGPucnWvqLJzvfaibmoNKD89DXcjPaANmiRdZGl

franchasng:
Forbes is not entirely correct with their publication and I will give you some few examples.


Tony Elumelu is worth between $3billion to $5billion US dollars but Forbes don't publish him as a billionaire in USD.


Cosmos Maduka the owner and founder of Coscharis group is a known billionaire of many years and he has said it with his mouth several times but Forbes don't publish him mostly because his company is not publicly listed which is what Forbes usually rely on.



Arthur Eze the founder of Oranto group with active and operational oil exploration company exploring crude oil and also into oil and gas business in several African countries including in some Oceania countries is not listed on Forbes as Billionaire in USD.


Allen Onyema the founder and owner of Airpeace is a confirmed dollar billionaire but Forbes don't list him for reasons best known to them including the fact that none of his companies are publicly listed or selling shares publicly which are what Forbes usually rely on.


Chief Vincent Amaechi Obianodo the owner and founder of Young Shall Grow Motors and numerous hospitality outlets and real estate businesses is a confirmed billionaire and he has said this severally, Forbes once published him and later stopped but the man laughs cos he knows his worth but because his companies are not publicly listed and selling shares, Forbes don't publish him anymore.


So there are several other dollar billionaires that Forbes don't publish and I believe it's because their companies or firms are not publicly quoted or listed and selling shares which is what Forbes relies on most times in making up their rich list

helinues:
The word billionaire have been misused in Nigeria most especially some part of the country

Those who have made real money before will know how long it takes to have a billion Naira

You might be having it in deals, transactions but real saved cash 1bn, it's hard oo

Karlovich:
Billionaire until the Forbes list is published and they are nowhere to be found, spits.

Karlovich:
Billionaire until the Forbes list is published and they are nowhere to be found, spits.

franchasng:
Forbes is not entirely correct with their publication and I will give you some few examples.


Tony Elumelu is worth between $3billion to $5billion US dollars but Forbes don't publish him as a billionaire in USD.


Cosmos Maduka the owner and founder of Coscharis group is a known billionaire of many years and he has said it with his mouth several times but Forbes don't publish him mostly because his company is not publicly listed which is what Forbes usually rely on.



Arthur Eze the founder of Oranto group with active and operational oil exploration company exploring crude oil and also into oil and gas business in several African countries including in some Oceania countries is not listed on Forbes as Billionaire in USD.


Allen Onyema the founder and owner of Airpeace is a confirmed dollar billionaire but Forbes don't list him for reasons best known to them including the fact that none of his companies are publicly listed or selling shares publicly which are what Forbes usually rely on.


Chief Vincent Amaechi Obianodo the owner and founder of Young Shall Grow Motors and numerous hospitality outlets and real estate businesses is a confirmed billionaire and he has said this severally, Forbes once published him and later stopped but the man laughs cos he knows his worth but because his companies are not publicly listed and selling shares, Forbes don't publish him anymore.


So there are several other dollar billionaires that Forbes don't publish and I believe it's because their companies or firms are not publicly quoted or listed and selling shares which is what Forbes relies on most times in making up their rich list