Simon Guobadia Net Worth 2023: How Rich Is He Actually

Last Updated on September 18, 2023 by Benjamin Mulany

Want to explore the net worth of Simon Guobadia, his finances, and his accomplishments? Simon is a Nigerian-American entrepreneur, philanthropist, and executive producer, well-known as the husband of Porsha Williams, an American TV personality. His prime source of income is working as the CEO of “SIMCOL Group” and “SIMCOL Petroleum.” As of 2023, Simon Guobadia net worth is estimated to be $40 million.

In this blog, we will uncover the remarkable journey of Simon Guobadia, from his early beginnings to his thriving career in the real estate industry. Join us as we dive deep into his personal life, philanthropic endeavors, and, the sources responsible for building Simon Guobadia net worth.

Full NameSimon Iyore Guobadia
Popular NameSimon Guobadia
Net Worth$40 million
ProfessionRecord producer, and entrepreneur
Birth DateJune 2, 1964 (59 years)
Birth PlaceNigeria
Height5′ 8″ (1.73 m)
Weight68 kg (150 lbs)
Zodiac SignGemini
SpoucePorsha Williams
UpdatedSeptember 2023
Simon Guobadia Bio

Key Takeaways

  • Simon Guobadia is the CEO of Simcol Petroleum Limited, a company specializing in the distribution of petroleum products.
  • He has a background in technology, healthcare, and various other industries.
  • He gained national attention in 2021 due to his engagement to reality TV star Porsha Williams.
  • Simon Guobadia has a net worth of $40 million dollars.

Early Life

On June 2, 1964, Simon Iyore Guobadia was born in Nigeria, Africa. Little is known about his early education, parents, and siblings. Simon is of Nigerian descent, based on certain publications. Mary Awo-Osagie is the name of his sister.

He received his higher education at “Loyola College Ibada,” which is located in Nigeria. He eventually relocated to the US and got enrolled in the “University of the District of Columbia’s Department of Accounting and Finance.” He received his degree in 1993 with a major in finance and accounting.

Simon Guobadia Net Worth And Career

Simon began his career as a taxation manager for “Deloitte,” a business headquartered in Atlanta. Between 2004 to 2006, he worked for the business. In 2007, he began serving as the corporate CEO of “SIMCOL Group.” He was also in charge of “SIMCOL Petroleum” as its acting Chief executive at the same time.

Later, he started working with “KLC Petroleum Transport LLC” in January as its CEO. He has also worked as an executive producer for many movies in addition to his professional activities. He produced several well-known films, including “Buckhead Theatre,” “Jail Dogs,” “Son of the South,” and “Kill.”

In 2017, Simon opened a signature dining restaurant by the name of “Simon’s Restaurant.” Owing to the Pandemic’s effects, his restaurant suffered a lot and eventually got shut down in 2020. 

Before that, he ran the “Time and Buckhead Bottle Bar,” which closed in 2014. In that venture, he invested over $3.8 million to get it functional. After Simon’s Restaurant Concepts was evaluated for Bankruptcy proceedings in 2014, his investment was made public.

Later, he added that the bankruptcy petition had been resolved and that each lender had received their payments.

After Mr. Guobadia made an appearance on the renowned reality series “Real Housewives of Atlanta,” Simon Falynn gained a lot of fame via the (RHOA) stage, where he also met Porshia Williams.

Personal Life

Beyond his professional accomplishments, Simon Guobadia’s personal life has also been a topic of interest for many.

Simon was formerly married to Falynn Guobadia, a reality TV star, they tied the knot on July 14, 2019, in a big wedding ceremony at Villa Christina. Interestingly, it was both of their second marriages. With their previous relationship, Falynn and Simon both had kids.


There seem to be widespread rumors that the couple was experiencing marital challenges that proved true when Simon filed for divorce in January 2021. The couple claimed that their marital relationship was “irretrievably ruined,” so after being friends for five years and two years in marriage, Simon, and Falynnend officially ended their union on April 22.

Following the divorce, Porsha Williams and Simon Guobadia began dating eventually. After only one month of dating, the couple disclosed their engagement in May 2021.

They both have since been sharing lovely photos and sentiments on their Instagram profile. For instance, Simon Guobadia surprised Porsha with a $300,000 Rolls Royce Ghost in early 2022 that she also posted on her Instagram.

On November 25, 2022, Simon and Porsha tied the knot. For the celebrations, two wedding events were held, a traditional Nigerian wedding ceremony followed by another American wedding.

Their relationship has garnered significant media attention.

Philanthropy and Community Involvement

Simon Guobadia is not only a shrewd businessman but also a compassionate philanthropist dedicated to making a positive impact on society.

Through the Simon Guobadia Foundation, he actively supports various charitable causes, working tirelessly to uplift communities and provide opportunities to those in need.

Simon’s philanthropic efforts have touched the lives of many, and his commitment to giving back serves as an inspiration to others.

What We Learn From Simon Guobadia

Simon Guobadia’s journey from humble beginnings to achieving remarkable entrepreneurial success is a testament to his determination and unwavering commitment to excellence.

1. Diversity in Ventures is Key

Simon’s success in multiple industries, from energy to entertainment, highlights the importance of diversifying one’s ventures. By exploring various sectors, you can mitigate risks and capitalize on opportunities that may arise.

2. The Power of Philanthropy

Simon’s commitment to philanthropy reminds us of the significance of giving back. Whether it’s supporting local communities or initiating global projects, contributing to causes you’re passionate about can make a profound impact.

3. Resilience in Personal Life

Simon’s personal life, including his high-profile relationships, teaches us the importance of resilience and adapting to change. Life can take unexpected turns, and how we navigate these challenges defines our character.

4. Entrepreneurial Spirit Knows No Borders

Simon’s journey from Nigeria to the United States exemplifies the global nature of entrepreneurship. Ambitious individuals can find success and create opportunities anywhere in the world.

5. Balancing Professional and Personal Growth

Simon’s ability to balance a thriving career with personal relationships underscores the significance of finding harmony between professional and personal growth. Prioritizing both aspects can lead to a fulfilling life.


Here are the three most frequently asked questions about Simon Guobadia:

1. What Is Simon Guobadia Net Worth?

Simon Guobadia actual net worth is approximately $40 million as of 2023. His diverse investments and entrepreneurial ventures have contributed significantly to his wealth.

2. What Is Simon Guobadia’s Philanthropic Work?

Simon Guobadia is actively involved in philanthropy, with a focus on initiatives that empower disadvantaged communities in Nigeria. He has also made substantial donations to Northpoint Ministries in the Metro Atlanta Area.

3. Who Is Simon Guobadia Married To?

Simon Guobadia was previously married to Falynn Guobadia, a fellow star of “The Real Housewives of Atlanta.” He is currently married to Porsha Williams, another star of the same reality show, after a whirlwind romance that captured media attention.

Final Thoughts: Simon Guobadia Net Worth

Being a seasoned record producer and entrepreneur, Simon Guobadia net worth is roughly $40 million as of 2023.

In an interview Simon disclosed his sources of income by saying that:

“I own a petroleum and logistics business. And I have various investments, restaurants and nightclubs, barbershops. Actually, that’s a joke. I don’t own any barbershops.”

His entrepreneurial ventures, particularly in the real estate industry, have been highly lucrative, contributing significantly to his wealth accumulation. Furthermore, his involvement in technology startups and strategic partnerships has further bolstered his financial success.

Simon’s story serves as an inspiration to aspiring entrepreneurs and highlights the importance of hard work, resilience, and giving back. With his ongoing accomplishments and fruitful investments, it is clear that Simon Guobadia’s wealth will continue to increase in the years to come.

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