Nigerian businessman, politician and retired army General Theophilus Danjuma has an estimated net worth of $1.1 billion as of 2015, according to Forbes. The former Minister of Defence is the founder and chairman of South Atlantic Petroleum (SAPETRO).
Born Theophilus Yakubu Danjuma on 9 December 1938 in Takum, Taraba, Nigeria. His father was a hardworking peasant. He studied at St Bartholomew’s Primary School in Wusasa. Later he attended Benue Provincial Secondary School in Katsina-Ala, where he was the captain of his school’s cricket team. He joined the Nigerian College of Arts, Science and Technology in Zaria to study history, but dropped out to enroll with the Nigerian Army.
Theophilus served in the Nigerian Army from 1960 to 1979. He was the Chief of Army Staff of the Nigerian Army from July 1975 to October 1979. Currently Danjuma is the chairman of South Atlantic Petroleum (SAPETRO), which is a Nigerian upstream oil and gas exploration and production company. He served Nigeria as its Defense Minister from June 1999 to May 2003.
Theophilus Danjuma is married and lives in Abuja, Nigeria. The TY Danjuma Foundation was created in Nigeria in the year 2008. It operates as a philanthropic organization. It partners with more than 50 NGOs all over Nigeria, and has the support of 36 state governors.