Quick Answer: Simon Guobadia net worth is estimated to be around $40 million in 2026.
Simon Guobadia is a Nigerian-American businessman known for his work in oil and gas, real estate, and entertainment. He is also known for his past marriage to reality TV star Porsha Williams. Many people search for Simon Guobadia net worth because they want to know how he made his money and how much he is worth today. This article gives you a clear and simple look at his wealth, his career, and the businesses that made him rich. You will also learn about his lifestyle, his marriage, and the key facts behind the numbers people talk about online.
Quick Biography
| Detail | Information |
|---|---|
| Full Name | Simon Iyore Guobadia |
| Date of Birth | June 2, 1964 |
| Birthplace | Edo State, Nigeria |
| Nationality | Nigerian-American |
| Education | University of the District of Columbia (Accounting) |
| Profession | Businessman, Investor, Film Producer |
| Known For | SIMCOL Group, Real Estate, Reality TV |
| Net Worth (2026 Estimate) | $40 Million |
| Marital Status | Divorced (Porsha Williams) |
| Children | 5 |
Simon Guobadia Net Worth in 2026
Most reports place Simon Guobadia net worth between $40 million in 2026. This number comes from his business holdings, real estate, and other investments. Simon runs private companies, so his exact income is not public. Because of this, different sources give slightly different numbers. Some older reports mentioned figures as high as $300 million, but these came from unverified court claims made during his divorce. Most financial experts do not treat that figure as accurate. The more reliable and widely repeated estimate stays close to $40 million.
How Did Simon Guobadia Build His Wealth?
Simon Guobadia did not inherit his money. He built it slowly, over many years, through hard work in different industries. He started his career in accounting before moving into business ownership. Over time, he built a group of companies that cover oil and gas, real estate, hospitality, and film. This mix of businesses is the main reason his wealth has stayed strong, even during hard times like the pandemic.
SIMCOL Group
SIMCOL Group is the company Simon founded in 2007. It is the base of most of his wealth. The company works in fuel supply and energy logistics. It delivers fuel to businesses and helps manage energy contracts. SIMCOL Group grew slowly at first, but it became a steady and profitable business over time. Today, it is seen as the main engine behind Simon Guobadia net worth.
Oil and Gas Business
Simon’s main business sits inside the oil and gas industry. Through SIMCOL Petroleum, he supplies fuel and manages energy contracts for different clients. This industry can be risky, but it also pays well when managed with care. Simon used his accounting background to run this business with strong financial planning. This careful approach helped SIMCOL grow into a reliable income source, even when fuel prices changed.
Entertainment Industry
Simon also works in film production. He started his own company, Simon Guobadia Productions, to make movies. He worked as an executive producer on projects, including a film made with well-known director Spike Lee. His entertainment work does not bring in as much money as his oil business. But it has helped grow his public image and connect him with new business partners.
Restaurant and Hospitality Ventures
Simon has invested in several restaurants and lounges in Atlanta. His most well-known venue is Hypnotiq Lounge. He has also backed other spots, including steakhouses and barbecue restaurants in the city. The restaurant business is hard to run. Some of his hospitality projects struggled during the COVID-19 pandemic. Even so, these ventures added another income stream to his overall wealth.
Real Estate Investments
Real estate is one of Simon’s steady sources of income. He has bought and sold several high-value homes in the Atlanta area. One home, bought with his former wife Porsha Williams, cost about $7 million. Another home from an earlier marriage was bought for $3.3 million and later sold for $4.5 million. These property deals show how real estate has added real value to his overall net worth over time.
Other Income Sources
Beyond his main businesses, Simon has also placed some money into smaller investments. These include stakes in technology startups and a cautious approach to cryptocurrency, mainly in well-known coins like Bitcoin. These are not major parts of his wealth, but they add some diversity to his overall financial portfolio.
Simon Guobadia Career Journey
| Year | Milestone |
|---|---|
| 1980s | Moves to the United States for education and work |
| Early Career | Works in accounting and tax management |
| 2004–2006 | Serves as a tax manager at a major accounting firm |
| 2007 | Founds SIMCOL Group |
| 2010s | Expands into real estate and hospitality |
| Later Years | Enters film production through Simon Guobadia Productions |
| 2021 | Marries Porsha Williams |
| 2024 | Porsha Williams files for divorce |
| 2025 | Divorce is finalized |
Simon Guobadia Assets and Luxury Lifestyle
Simon Guobadia lives a lifestyle that matches his business success. He has owned large, high-value homes in Atlanta, including a mansion with more than 15,000 square feet of space. He is known for enjoying luxury cars and frequent travel. His social media shows a life built around comfort and style. This lifestyle is common among successful business owners who want to show the results of years of hard work.
Marriage to Porsha Williams and Its Financial Impact
Simon Guobadia married Porsha Williams, a star from The Real Housewives of Atlanta, in 2021. The couple bought a large home together in Sandy Springs, Georgia. Their marriage brought Simon a lot of public attention and made more people curious about his net worth. Porsha filed for divorce in February 2024, and the divorce was finalized in June 2025. During the divorce process, some reports claimed his net worth could be much higher than usual estimates. These claims were not confirmed by outside financial experts. Most sources still place his wealth closer to the $40 million range.
Simon Guobadia Net Worth Breakdown
| Source of Wealth | Estimated Value |
|---|---|
| SIMCOL Group (Oil and Gas) | $40 million to $50 million |
| Real Estate Holdings | $7 Million |
| Hospitality Ventures | Not Public depends on the success of his local Atlanta operations |
| Film Production | There is no standalone public valuation |
| Other Investments | $3 Million – $8 Million |
| Total Estimated Net Worth | $40 Million |
Conclusion
Simon Guobadia built his wealth through years of steady work in oil and gas, real estate, hospitality, and film. His main business, SIMCOL Group, remains the biggest part of his fortune. While some reports have shared much higher numbers, most reliable estimates place his net worth between $40 million in 2026. His story shows that patience, smart planning, and building income from more than one source can lead to lasting financial success.
FAQs
How much is Simon Guobadia worth in 2026?
Most estimates place his net worth between $40 million.
What is Simon Guobadia’s main source of income?
His main income comes from SIMCOL Group, his oil and gas business.
Did Simon Guobadia inherit his wealth?
No. He built his money through years of work in accounting and business ownership.
Is Simon Guobadia still married to Porsha Williams?
No. Their divorce was finalized in June 2025.
What businesses does Simon Guobadia own?
He owns SIMCOL Group, invests in Atlanta restaurants and lounges, and runs a film production company.
