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Lt-Gen Theophilus Danjuma | Net worth | $1.2 billion

by Afolabi Bammeke
May 6, 2026
in Lifestyle
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Lt-Gen Theophilus Danjuma | Net worth | $1.2 billion’

Lt-Gen Theophilus Danjuma Born in 1938 is a retired lieutenant General of the Nigerian Army and was appointed as the Defence Minister During President Olusegun regime.

Danjuma’s net-worth is calculated to be $1.2 billion as of 2019, making him one of the richest in Africa.

Just like many other businessmen in the world, Danjuma didn’t let his begining as a military man affect him from becoming a billionaire, investing in Oil and shipping company.

READ ALSO: Appeal court dethroned ekiti monarch

According to Bloomberg, A media organisation based in the US, the business mogul now owns The Kings Arms Hotel in London Hampton court palace.

The 300 year old inn was once the home of Henry VIII.

As a young soldier, after just serving six years with the army, Danjuma participated in Nigerian Counter-coup of 1966 against Nigeria’s first military head of state with the 4th battalion

Lt-Gen Theophilus Danjuma was Nigeria’s Chief of army staff from July 1975 to October 1979.

He became Nigeria’s Minister of Defence under Former President Olusegun Obasanjo regime, appointed in 1999, till 2013.

Lt-Gen Theophilus Danjuma – Early Life

Theophilus Danjuma was born on the 9th of December 1938 in Takum, Taraba State Nigeria. He attended St Bartholomew’s Primary School before progressing to Benue Provincial secondary School.

In 1960, Danjuma joined the Nigerian army and rose to become the Chief of army staff in 1975.

Afolabi Bammeke

Afolabi Bammeke

A dedicated information professional and educator, Afolabi serves as a librarian at Federal Polytechnic, Ilaro, where he support academic research, knowledge management, and student learning. With a strong commitment to information literacy and scholarly excellence, he also work as a part-time lecturer, delivering engaging instruction and mentoring students across disciplines. His dual role reflects a passion for both curating knowledge and fostering intellectual growth within the academic community.

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