Joseph Eze Okafor Jr., Jowi Zaza, is one of Nigeria’s youngest billionaires. He gained widespread attention not only because of his immense wealth but also due to his luxurious lifestyle and significant contributions to Nigeria’s oil and gas industry. He is the son of Joseph Eze Okafor Sr., a prominent businessman who founded Jezco Oil & Gas, which he now oversees.
Jowi Zaza Biography
| Full Name: | Joseph Eze Okafor (Jnr) |
| Nickname: | Jowi Zaza |
| Date of Birth: | 19 March 1985 |
| Place of Birth: | Ekwulobia, Aguata Local Government Area, Anambra State |
| State of Origin: | Anambra State |
| Nationality: | Nigerian |
| Education: | Coventry University London |
| Height: | 5 feet 9 inches / 175 cm |
| Weight: | 74 kg / 163 lbs |
| Marital status: | Single |
| Religion: | Christian |
| Occupation: | Businessman (Oil and Gas) |
| Net worth: | $74.6 million |
Early Life and Education
Joseph Eze Okafor (Jnr) (born on March 19, 1985, 40 years old) hails from Anambra State, Nigeria. His early years were marked by privilege, growing up in one of the wealthiest families in eastern Nigeria.
He attended Sacred Heart Seminary School in Nsukka before moving abroad to further his education. Jowi Zaza holds a degree in International Business Management from Coventry University in the UK and also pursued studies at Kelce College of Business, a prestigious institution in the United States.
Career and Business Ventures
Jowi Zaza took over the leadership of Jezco Oil & Gas Ltd, a company that has played a pivotal role in Nigeria’s downstream oil sector since its inception in 1980. Under his leadership, Jezco expanded its operations, venturing into importing automotive gas oil, liquefied petroleum gas, and kerosene distribution across Nigeria. His role as the CEO has seen the company grow, establishing fuel stations nationwide and becoming a dominant player in the oil and gas industry.
Besides his work in oil and gas, Jowi Zaza is known for his diverse investments in real estate, hospitality, and the luxury goods market. In 2020, he invested heavily in high-end properties in Lagos and abroad, including a mansion in Banana Island valued at several billion naira.
Luxury Lifestyle and Public Appearances
Jowi Zaza’s lifestyle mirrors that of an elite billionaire. His social media posts often feature his opulent lifestyle, including private jet travels, exotic vacations in luxury resorts, and a collection of high-end cars like the Rolls Royce Phantom, Lamborghini Aventador, and Bentley Continental GT. He often attends exclusive parties in Nigeria and internationally, further solidifying his image as a modern luxury enthusiast.
One of Jowi Zaza’s defining traits is his public display of wealth. From gifting friends expensive items to throwing lavish birthday parties, he has captured the attention of many as one of the most striking individuals in Nigeria’s wealthy elite.
Contributions to the Nigerian Economy
As an entrepreneur in the oil and gas sector, Jowi Zaza’s leadership in Jezco Oil & Gas contributes significantly to Nigeria’s energy sector. The company distributes petroleum products, an essential industry for Nigeria’s economy. Beyond oil and gas, his investments in real estate development also boost local economies, providing jobs and contributing to infrastructural development.
Expert Opinions and Industry Recognition
Experts in the Nigerian business community have praised Jowi Zaza for his ability to modernize Jezco’s operations, keeping it competitive in an increasingly challenging market. Business analysts note that despite his young age, Jowi Zaza has exhibited a keen business acumen, successfully navigating the complexities of the Nigerian oil sector. His decision to diversify Jezco’s portfolio into real estate and hospitality has been hailed as a strategic move to mitigate risks associated with oil price volatility.
Personal Life and Philanthropy
Despite his flamboyant public persona, Jowi Zaza is relatively private about his personal life. However, he is known to be family-oriented, having taken over the family business from his father, Joseph Eze Okafor Sr. He is reportedly unmarried but remains one of the most eligible bachelors in Nigeria’s elite circles.
Jowi Zaza is also involved in philanthropic efforts, particularly in his hometown of Anambra, where he has contributed to education and healthcare initiatives. In 2022, he funded the construction of several community projects aimed at improving access to clean water and electricity.
Net Worth
Jowi Zaza’s net worth is estimated to be around $74 million. His wealth stems from his leadership in Jezco Oil & Gas, real estate, and other investment ventures. His luxurious assets include multi-billion naira properties, a fleet of luxury cars, and extensive investments in different sectors.
FAQs
What is Jowi Zaza’s primary source of wealth?
Jowi Zaza derives most of his wealth from Jezco Oil & Gas, a company founded by his father, which is heavily involved in Nigeria’s downstream petroleum sector.
Is Jowi Zaza married?
No, Jowi Zaza is unmarried but remains prominent in Nigeria’s elite social circles.
What cars does Jowi Zaza own?
Jowi Zaza owns several luxury cars, including a Rolls Royce Phantom, Lamborghini Aventador, and Bentley Continental GT.
