Cletus Ibeto Biography, House, Wife, Daughters, Phone Number & Net Worth

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Cletus Ibeto

Cletus Ibeto Biography, House, Wife, Daughters, Phone Number & Net Worth

Cletus Ibeto hails from the Nnewi city of Anambra State, he was born on the 6th of November, 1952. Like Cosmos Maduka, Ibeto never had proper formal education during his youthful age. It wasn’t until he was 48 years of age that he sat for his WASSCE. He was listed amongst Forbes’ Most Prominent Naira Billionaire from Nnewi in 2017.

Cletus Ibeto is a Nigerian entrepreneur, manufacturer, and philanthropist. He is the founder and Chairman of The IBETO Group, referred to as the largest outfit in the manufacture of automotive spare parts in Nigeria and the largest conglomerate in the Eastern part of Nigeria. The company is involved in real estate, banking, and finance, cement production, automotive coupling, Petrochemical, etc. Some of the companies that formed IBETO GROUP include Union Autoparts Manufacturing Co. Ltd, Ibeto Petrochemical Industries Ltd, Ibeto Cement Company Ltd, etc.

He bagged a Bachelor’s degree in Accountancy from the University of Nigeria, Nsukka at the age of 54. He was subsequently honored with a Doctor of Business Administration degree from the same University.

2008 Ibeto received the national Honour of Officer of the Order of the Niger (OON) from the Federal Republic of Nigeria. In 2012 he was awarded the Honour of Commander of the Order of the Niger (CON).

Estimated Net Worth: Over $3.8 Billion

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