Simon Guobadia’s net worth is most often reported at around $40 million. However, divorce-related financial disclosures cited by Celebrity Net Worth put it above $300 million at the time of his 2022 marriage. His exact wealth is not public because his main company is private, and the true figure may have changed after his 2025 deportation.
Quick Facts
| Detail | Information |
|---|---|
| Full name | Simon Iyore Guobadia |
| Born | June 2, 1964, Nigeria |
| Age (2026) | 62 |
| Education | University of the District of Columbia (accounting) |
| Known for | SIMCOL Petroleum, Atlanta restaurants, film producing, marriage to Porsha Williams |
| Reported net worth | About $40 million (common estimate); $300 million+ (court disclosure figure) |
| Current base | Reported to be Nigeria, with plans to move to Dubai |
Why Is Simon Guobadia’s Net Worth Reported So Differently?
Three different figures circulate online, and each has a different origin.
The $40 million estimate. Outlets such as AfroTech and The List repeat this number. It is an estimate, and The List itself notes that an exact figure cannot be confirmed.
The $300 million+ figure. According to Celebrity Net Worth, court records placed his wealth above $322 million around his November 2022 marriage, mostly tied to SIMCOL Petroleum. Yahoo Entertainment also reported a figure above $300 million for 2024, as noted by Briefly. This number came from disclosures in the divorce case, so it should not be dismissed as a random rumor. It should also not be treated as an audited fact.
Guobadia’s own position. Celebrity Net Worth reports that he later claimed SIMCOL lost all of its value after his immigration detention and deportation. This claim is his own and has not been independently verified.
Our reading: The honest answer is a wide range. The $40 million figure is a long-repeated estimate, while the higher figure reflects what was disclosed in court.
How Simon Guobadia Built His Wealth
SIMCOL Petroleum
SIMCOL is the core of his fortune. It is a regional fuel supplier based in Atlanta, Georgia, focused on ultra-low sulfur diesel and several grades of gasoline. Sources disagree on the start date: Wikipedia says SIMCOL Petroleum was founded in 2010, while Celebrity Net Worth says he founded a company called Simon & Company in 2007, which later became SIMCOL. Both may be true if the business was renamed.
Before starting his own business, he worked in tax and accounting. The List, citing his LinkedIn profile, reports that he worked as a tax manager at Deloitte after graduating from the University of the District of Columbia.
Restaurants and Hospitality
He opened Simon’s Restaurant in Midtown Atlanta in September 2017. The List also lists Time and Buckhead Bottle Bar among venues he has owned. Restaurant ownership is a smaller and less predictable income source than fuel distribution.
Film Production
He is credited as an executive producer on Jail Dogs and on Son of the South (2020), a film that Spike Lee also executive produced. Film work added to his public profile more than to his wealth.
Real Estate
Briefly reports that Guobadia and Porsha Williams bought a $7 million mansion in Sandy Springs, Georgia, in early 2022. The Peoples Gazette describes the property as about 15,000 square feet. What happened to the home after the separation has not been clearly reported in the sources we reviewed.
Marriages and the Porsha Williams Divorce
Guobadia has been married several times. According to Wikipedia, his first wife was Karron English, his second was Marsha Shackelford, and his third was Falynn Guobadia. He then began a relationship with Porsha Williams in 2021, and the two married on November 25, 2022.
Porsha Williams filed for divorce in February 2024. Reports state the divorce was finalized in 2025. A dispute over their prenuptial agreement was a major part of the case, as reported by Blavity.
ICE Detention and Deportation
This is the most important recent event for understanding his finances and business.
- February 2025: Guobadia was detained by U.S. Immigration and Customs Enforcement and held at the Stewart Detention Center in Lumpkin, Georgia.
- About four months later (June 2025): He was released from custody and deported to Nigeria, according to his business partner Tai Savet, as reported by Us Weekly and carried by AllAfrica.
- After deportation: He told Us Weekly that he plans to relocate to Dubai, where he lived before.
Guobadia has said he believes someone connected to the divorce may have alerted ICE. This is his suspicion and has not been proven.
Net Worth Breakdown: What We Can and Cannot Say
Many net worth articles list a dollar value for each asset. We chose not to, because no reliable public source provides these numbers.
| Source of wealth | What is known |
|---|---|
| SIMCOL Petroleum | Private company; considered the main source of wealth; its current value is disputed |
| Real estate | A $7 million Sandy Springs home was purchased in 2022; current ownership unclear |
| Restaurants | Several past ventures; no public financial data |
| Film | Executive producer credits; no public valuation |
| Other investments | No verified public information |
Timeline
| Year | Event |
|---|---|
| 1964 | Born in Nigeria |
| 2007 / 2010 | SIMCOL’s predecessor or SIMCOL founded (sources differ) |
| 2017 | Opens Simon’s Restaurant in Atlanta |
| 2019 | Marries Falynn Guobadia |
| 2021 | Divorce from Falynn announced; relationship with Porsha Williams becomes public |
| 2022 | Marries Porsha Williams (November 25) |
| 2024 | Porsha files for divorce (February) |
| 2025 | Detained by ICE (February); deported to Nigeria (June); divorce finalized |
Frequently Asked Questions
How much is Simon Guobadia worth in 2026?
The most common estimate is about $40 million. Court-related reports cited a figure above $300 million in 2022 to 2024. His current wealth is uncertain.
What is Simon Guobadia’s main source of income?
SIMCOL Petroleum, a fuel supply company based in Atlanta.
Is Simon Guobadia still married to Porsha Williams?
No. Their divorce was reported as finalized in 2025.
Where does Simon Guobadia live now?
He was deported to Nigeria in 2025 and said he planned to relocate to Dubai. We could not confirm his current residence.
Did Simon Guobadia produce any films?
He is credited as an executive producer on Jail Dogs and Son of the South.
Final Word
Simon Guobadia’s wealth was built mainly through SIMCOL Petroleum, supported by restaurants, film credits, and real estate. Treat any single number with caution, and check back as new reports are published.
This article is based on publicly reported information and is not financial advice. Net worth figures are estimates.
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