Biography
Cosmas Maduka CON (born 24 December 1958) is a Nigerian man with many hearts. He is a businessman and philanthropist. He is also the CEO and Chairman of Coscharis Motor Group.
In 2015, Cosmas Maduka appeared in the Forbes Africa television series Worst Day with Peace Hyde.
That same year, it was reported that Cosmas Maduka had an estimated net worth of US$500 million.
Let’s take a look at some interesting facts about this millionaire.
Nigerian businessman
Cosmas Maduka |
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 Cosmas Maduka: History • Biography • Photos |
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| Wiki Events & About Data | |
| Full name: | Cosmas Maduka |
| Stage name: | Coscharis |
| Born: | December 24, 1958 (age 65) |
| Place of birth: | Jos, Nigeria |
| State of origin: | Anambra State |
| Nationality: | Nigerian |
| Height: | Do not have |
| Parents: | Peter Maduka, Rose Maduka |
| Siblings: | Do not have |
| Wife • Husband/wife: | Charity Maduka (married 1978-2021) |
| Girlfriend • Partner: | Do not have |
| The children: | 5 |
| Job: | General Director • Entrepreneur |
| Net worth: | 1 billion US dollars |
Early life
Cosmas Maduka was born on December 24, 1958. He was born and raised in a Christian family in Nnewi, Anambra State, Nigeria. He is 65 years old.
His father’s name is Peter Maduka, while his mother is simply known as Mrs. Rose Maduka. Cosmas Maduka started his entrepreneurial journey at the age of six, two years after his father passed away.
It is said that he dropped out of primary school and started selling Akara, a popular Nigerian dish made by frying ground beans. This dish is often sold on the roadside. Cosmas Maduka did all these side jobs to support his mother.
Education
Cosmas Maduka is said to have dropped out of primary school at the age of six following the sudden death of his father.
TheCityCeleb is still unsure whether the businessman will return to school to complete his studies.
Personal life
Cosmas Maduka is happily married to a Nigerian woman named Charity Maduka. Cosmas Maduka and Charity Maduka got married in 1978 when he was just 20 years old. Their marriage has been blessed with five lovely children. Four boys and one girl.
In 2015, Cosmas Maduka appeared on the cover of Forbes Africa as the man whose income went from $1 to $500 million. That same year, he also appeared in an exclusive interview for the Forbes Africa TV Series, titled My Worst Day with Peace Hyde.
According to Cosmas Maduka, he enjoys playing and watching football in his spare time. In an interview, the businessman also revealed that he loves cars and motorbikes; he also said that his whole family rides bicycles.
Career
Cosmas Maduka officially ventured into business at the age of 17 after being falsely accused and fired with a meager sum of 200 naira by his uncle whom he was learning the trade with as an apprentice in an automobile workshop.
After years of being fired from his uncle, he co-founded a parts company called CosDave with his friend Dave. The name CosDave was a combination of their first names. Unfortunately, the startup failed.
After the failure of CosDave, Cosmas Maduka went on to establish Coscharis Motor Group with three hundred naira (300 naira), focusing on selling auto spare parts in 1977.
According to him, the company name is a combination of his name, Cosmas, and his wife, Charity, whom he married when he was 20. Cosmas Maduka’s business foray began in 1982 when the Nigerian government granted import licenses to ten automobile companies and Coscharis was one of the selected companies.
Today, Coscharis Group is a conglomerate with many subsidiaries, including Manufacturing, ICT, Petrochemicals, Automotive Care, Automotive Components, Automotive Sales and Service, Agriculture and Agriculture-related businesses. Coscharis Motors is a leading distributor of several luxury car brands such as Range Rover, Ford, Jaguar, BMW, etc.
Net worth
Cosmas Maduka is one of the top CEOs in Nigeria with a huge income. He has an estimated net worth of 1 billion US dollars.
Social media
- Twitter Username: @Cosmasmaduka
