Dele Momodu Biography, Net Worth, Wife and Career

Ayobamidele Abayomi Ojutelegan Ajani Momodu, also known as Dele Momodu for short, is a successful Nigerian publisher. Read further for detailed information about Dele Momodu Biography and Net Worth.

Dele Momodu Biography

Popular Dele Momodu was born in Ihievebe, a town in Edo’s Owan East Local Government. He was born in Ile-Ife on May 16, 1960.

Many people are still surprised to learn that Momodu is from the Edo state, not the Yoruba tribe. Numerous instances make it reasonable to reject his ethnicity.

For starters, he was born and raised in the historic town of Ile-if e, which, according to legend, has ties to Yoruba history. Another explanation is that he is married to a Yoruba woman.

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Dele Momodu Biography
Full Name	Ayobamidele Abayomi Ojutelegan Ajani Momodu
Born	16 May 1960
Nationality	Nigerian
Net Worth	$50,000,000
Wife	Mobolaji Momodu

Education

One can tell Dele Momodu is well-educated by his demeanor and elegance. He is the epitome of brilliance and a voracious learner. In Ile – Ife, he attended St John Grammar Institution, a catholic missionary school.

He went on to study the Yoruba language at Obafemi Awolowo University, where he graduated in 1982. In 1988, he earned a master’s degree in English Literature. He received an honorary doctorate in professional letters from the university, Doctor of Humane Letters.

Career

Dele Momodu’s first job was as a lecturer at Oyo State College of Arts and Science, where he worked from 1982 to 1983. He only stayed for a year as a lecturer before being employed as a private secretary by Chief Akin Omoboriowo, the deputy governor of Ondo state at the time. However, he served for two years at the Ondo State Government House before leaving in 1985.

Also, he worked as a manager for the late Ooni of Ife, Oba OkunadeSijuade, after his tenure at the Ondo state government house. His job was to administer the monarch’s company, Motel Royal Ltd, while the monarch oversees the kingdom’s affairs.

When he believed it was time for him to expand his knowledge and contribute to the literary world, he resigned. He worked for African Concord magazine during this time and was appointed to the position of Literary Editor of the Weekend Concord, a section of the newspaper. After only six months, he was promoted to News Editor for his unwavering dedication to his work and skills.

He left his post and went to work for Wonderloaf, a company owned by Moshood Kashimawo Abiola. After, he rose to become one of the largest bread distributors, but only for a short time. He went on to start Goodwill Limited, a public relations agency with patrons including Dr. Mike Adenuga, Chief MKO Abiola, and others.

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Dele Momodu Wife

Dele Momodu is married to Mobolaji Momodu, a beautiful woman who emanates love, happiness, and unity. They’ve been married for nearly two decades and have four children as a result of their partnership. Pekan, Yole, Eniafe, and Korewa, his offspring, are making their parents proud of their job choices.

MKO Abiola and Dele Momodu

At the start of Dele Momodu’s career, the two had a boss-worker relationship. In the end, the relationship evolved into a cordial one, with Dele Momodu becoming a member of the late MKO Abiola’s inner circle.

MKO Abiola was extremely wealthy, with a thriving business empire that brought in millions of naira. Dele Momodu joined MKO Abiola’s campaign to work closely with other members of the Moshood Abiola Presidential Campaign Organization after MKO Abiola decided to run for President.

Unfortunately, General Ibrahim Babangida overturned the election results on June 12th. MKO Abiola and his associates were also arrested and victimized as a result of the move. Dele Momodu was not spared, and he was apprehended and held at Alagbon, Lagos. He was granted bail and released. 

Following his brief imprisonment, he continued to speak out against the late General Sanni Abacha’s anti-democratic deeds and policies. Ayobamidele was unjustly accused of treason by stirring violence against the government by Sanni Abacha, who claimed he was the brains of a pirate radio station called Radio Freedom. 

He devised a means of emigrating and went into exile. Momodu fled to Cotonou, then traveled to Togo and Ghana before landing in London, United Kingdom.

Dele Momodu Net Worth

Dele Momodu is a successful company owner, publisher, and leader with a proven track record that dates back to his days as a staff writer. Popular Dele Momodu may not be the flaunty type but he is financially secure. He’s worth $50 million, according to estimates.

Dele Momodu and Politics

Dele Momodu is no stranger to Nigeria Politics, he had worked in the media publicity department for Social Democratic Party, Alliance for Democracy (AD), and All Peoples Party (APP). He is also planning to contest the presidential elections in 2023 after failing in 2011.

Ovation Magazine and Ovation International

Ovation International was not founded overnight; it began as a dream in Dele Momodu’s imagination. It is the culmination of Dele Momodu’s experience in public relations, media, and journalism. Furthermore, the desire to present Africa, particularly Nigeria, in a new light, as opposed to what had previously been done. Dele felt compelled to put his proposal into action while in exile in the United Kingdom.

By launching Ovation TV and The Boss, Ovation International has expanded its media footprint.

Politicians, scholars, celebrities, artistes, religious leaders, athletes, and others in Africa are featured in Ovation Magazine, which focuses on their lifestyles.

Dele Momodu has successfully thrived with Ovation magazine in the present age where his fellow tabloids had failed. Ovation magazine is publicized in two languages: French and English making it the only African magazine to be publicized in that fashion.

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Ovation Carol Awards

Since its inception in 2008, the Ovation Carol and Awards (previously known as the Ovation Red Carol) has been a glitzy event hosted by Ovation International every December. It is held to help people cope with the holiday season and is always entertaining, imaginative, and educational.

Publications

He has written a couple of books in addition to penning a column called PENdulum in Thisday Newspaper.

• Pendulum: The Writings of Dele Momodu Vol 1
• Pendulum: The writings of Dele Momodu Vol 2.
• Fighting Lions

Summary of Dele Momodu Biography and Net Worth

Chief Dele Momodu was born on May 16, 1960, in Lagos, Nigeria. Momodu is the founder and publisher of Ovation International, a publication that has given exposure to people from all over the world, particularly in Africa.

He launched Ovation TV in 2015, which was followed by The Boss, an online newspaper. He is one of the highest-paid publishers in the country, having worked with several well-known people, both alive and deceased, both at home and abroad.

Also, he has received numerous accolades and awards. He has four children and is happily married.

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Before you go, read Charles Soludo’s Biography.