Billionaire businessman and real estate mogul King Ochacho has revealed that he made his first ₦1 billion at the age of 21 through the charcoal export business.
Speaking with Peller during a livestream, Ochacho disclosed that he started making money from the charcoal business, where he worked as an agent for a company exporting charcoal to Chinese buyers.
“I made my first 1 billion naira at age 21 years old”
Explaining how he achieved the feat, he said: “I was doing a business called coal business(charcoal) so I got all these Chinese people and I was an agent to a company to export the coal. So the dividends I got within a period of time for that age was one 1 billion”
Ochacho added that he later ventured into politics before leaving to focus on serving God and his businesses.
“Then later I joined politics then again I left politics to serve God and do my business”
Asked why he left politics, he said: “I am not a type of person that is against anybody, what I want is good governance so if the person in power can give us everything I am good. My prayer is to pray for who is the leader to succeed”
On whether he had encountered top politicians, including the President, Ochacho said:
“I have seen everybody and let me tell you something, forget about what is happening and I’m not here to preach for Tinubu but Tinubu is one of the best politician I have seen in my life time. He is one of the greatest political of all time forget about all why is happening”
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