Cosmas Maduka is a Nigerian businessman and the founder of Coscharis Group, one of the biggest companies in Nigeria. He is famous for turning a small business into a multi-million-dollar company. His story is one of hard work, determination, and resilience.
Many people know him as the man who built a car empire in Nigeria. But before his success, he faced many struggles. He lost his father at a young age, dropped out of school, and started working as a teenager. Despite these challenges, he never gave up. Today, he is one of the most respected businessmen in Africa.
In this blog post, we will talk about Cosmas Maduka’s early life, education, career, family, net worth, cars, and houses.
Profile Summary
Full Name: Cosmas Maduka
Date of Birth: December 24, 1958
Age: 65 years old
Place of Birth: Jos, Plateau State, Nigeria
State of Origin: Anambra State, Nigeria
Nationality: Nigerian
Education: No formal university education (self-educated businessman)
Occupation: Businessman, Investor
Known For: Founder of Coscharis Group
Wife: Charity Maduka
Children: Five
Net Worth: Over $500 million
Instagram: https://www.instagram.com/cosmasmadukaofficial/
Cosmas Maduka Early Life and Background
Cosmas Maduka was born on December 24, 1958, in Jos, Plateau State, Nigeria. He was from a poor family. His parents were originally from Anambra State. Life was not easy for him as a child.
When he was only four years old, his father died. This was a big blow to the family because his father was the main provider. After his father’s death, his mother struggled to take care of him and his siblings.
Because of financial problems, Cosmas Maduka had to leave school at a young age. Instead of sitting at home, he decided to work. At the age of seven, he was sent to live with his uncle in Lagos to learn a trade.
Cosmas Maduka Education
Cosmas Maduka never had a formal education. He dropped out of school at primary three because of his family’s financial struggles. Instead of going to school, he focused on learning a trade.
Even though he did not go far in school, he never stopped learning. He read books, observed people, and gained knowledge from experience. He also attended business seminars and trainings to improve himself.
His story proves that education is not the only key to success. Hard work, determination, and a willingness to learn can also lead to great achievements.
Cosmas Maduka Career
Cosmas Maduka started his career as an apprentice in his uncle’s spare parts business in Lagos. He worked very hard and learned everything about car spare parts.
Unfortunately, his uncle did not treat him well. After working for several years, his uncle sent him away with nothing. This was a tough time for him, but he did not give up.
With little money, he started his own business, buying and selling motorcycle spare parts. At first, things were difficult. He had no shop and little capital. But he was hardworking and determined.
As time went on, his business grew. In 1977, he founded Coscharis Group, a company that focused on selling auto parts. The name “Coscharis” came from his name “Cosmas” and his wife’s name “Charity.”
Coscharis Group grew bigger and started selling new cars. The company became the sole distributor of BMW cars in Nigeria. Later, it expanded to selling Ford, Land Rover, and other popular car brands.
Today, Coscharis Group is one of the biggest automobile companies in Nigeria. The company also operates in agriculture, real estate, and healthcare.
Cosmas Maduka Family
Cosmas Maduka was married to Charity Maduka. They were married for over 40 years before she sadly passed away in 2021. His wife played a big role in his success. She was also involved in managing Coscharis Group.
The couple had five children together. Even though Cosmas Maduka is a successful businessman, he always makes time for his family.
Cosmas Maduka Net Worth
Cosmas Maduka is one of the richest men in Nigeria. His net worth is estimated to be over $500 million.
He made his money from the automobile industry, agriculture, real estate, and other businesses. Coscharis Group is worth billions of naira, and it continues to grow.
Despite his wealth, Cosmas Maduka is known for his simple lifestyle. He believes in hard work, honesty, and giving back to society.
Cosmas Maduka Cars and Houses
Cosmas Maduka is the owner of one of Nigeria’s biggest automobile companies. It is not surprising that he has many expensive cars. Some of the luxury cars in his collection include:
• BMW 7 Series
• Range Rover Sport
• Rolls-Royce Phantom
• Mercedes-Benz G-Wagon
He also has several houses in Nigeria and abroad. His main residence is in Lagos, and it is a luxurious mansion with modern facilities.
Frequently Asked Questions About Cosmas Maduka
Where is Cosmas Maduka from?
Cosmas Maduka is from Anambra State, Nigeria. However, he was born in Jos, Plateau State.
Did Cosmas Maduka go to school?
No, Cosmas Maduka did not complete his formal education. He dropped out of school in primary three due to financial struggles but later educated himself through business experience and self-learning.
What is Cosmas Maduka’s net worth?
Cosmas Maduka’s net worth is estimated to be over $500 million. He made his fortune through his company, Coscharis Group.
What is Coscharis Group?
Coscharis Group is a Nigerian company founded by Cosmas Maduka. It started as an automobile spare parts business and later expanded to selling luxury cars, farming, and real estate.
Who was Cosmas Maduka’s wife?
Cosmas Maduka was married to Charity Maduka for over 40 years before she passed away in 2021. She played a big role in the success of Coscharis Group.
What cars does Cosmas Maduka own?
As the owner of an automobile company, Cosmas Maduka has many luxury cars, including a Rolls-Royce Phantom, BMW 7 Series, Range Rover Sport, and Mercedes-Benz G-Wagon.
Read more:
- Mitchell Elegbe Biography: Early Life, Age, Family, Career, And Net Worth
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Conclusion
Cosmas Maduka’s story is one of resilience and determination. He faced many challenges in life, but he never gave up. Even though he had little education, he built one of the biggest automobile businesses in Nigeria.
His journey teaches us that success does not come easy. It requires hard work, patience, and a strong belief in oneself.
Today, Cosmas Maduka is a source of inspiration to many young entrepreneurs. He has proven that with the right mindset and dedication, anyone can achieve great things.