Who is Dozy Mmobuosi?
Dozy Mmobuosi is a Nigerian serial businessman and tech entrepreneur. He is popularly known as the founder and former CEO of Tingo Group, Inc., a fintech and agri-fintech conglomerate. In 2023, Dozy Mmobuosi made headlines after proposing £90 million to acquire Premier League club Sheffield United. However, the deal reportedly fell through.
Dozy Mmobuosi’s full name is Chiedozi Mmobuosi. He was born on April 7, 1979, in Lagos, Nigeria, although he is originally from Delta State. The businessman and tech entrepreneur is 45 years old as of November 2024.
About Dozy Mmobuosi’s parents
Dozy Mmobuosi was born to his parents – Mr and Mrs Kanyinebi Banye Mmobuosi Sr. His father is also a businessman. Dozy co-founded Tingo with his father in 2001, and they have both worked to build the organization to be one of the top agri-fintech companies in Africa. Information about Dozy Mmobuosi’s mother is scarce at this time.
About Dozy Mmobuosi’s siblings
According to reports, Dozy Mmobuosi has a brother named Kanyinebi Mmobuosi Jr. Kanyinebi is a seasoned architect and entrepreneur. He is also a member of the International Federation of Landscape Architects, and the Institute of Architects. Dozy’s brother is a graduate of Architecture from Ambrose Alli University. He holds a master’s degree in architecture, from the Ahmadu Bello University, Zaria, and a Diploma in Interior Design.
Kanyinebi Jr is also a politician. In 2022, he declared his intention to represent the Aniocha/Oshimili Constituency in the House of Representatives under the People’s Democratic Party (PDP).
About Dozy Mmobuosi’s marriage and wife
As of the time of publishing this article (November 2024), Dozy Mmobuosi is married to his wife, Oluwatosin Mmobuosi. The couple reportedly got married in 2015 and have been together for 9 years as of 2024. Their union is blessed with three children: Isioma Mmobuosi, Nwamaka Mmobuosi, and Dozy Jr Mmobuosi. Dozy Mmobuosi’s family is reportedly based in the United Kingdom.
About Dozy Mmobuosi’s wife – Oluwatosin Mmobuosi
Dozy Mmobuosi’s wife Oluwatosin Mmobuosi is a philanthropist, businesswoman, and advocate for women and children. She earned a bachelor’s degree in music and media management from London Metropolitan University. Oluwatosin spent the earlier years of her career working with record labels and managing talents before leaving the industry to focus on her family and philanthropic works.
Dozy Mmobuosi and Oluwatosin wedded in 2015, and their marriage is blessed with three children. According to reports, the couple founded “The Dozy Mmobuosi Foundation” six years after their marriage. The foundation is a non-profit organization with a mission to promote the progress of Africa and create an environment where Africans can thrive.
List Of Dozy Mmobuosi’s past relationships and girlfriends
Information about Dozy Mmobuosi’s past relationships and girlfriends is currently unavailable. In fact, Dozy has managed to keep his relationships and family out of the spotlight.
About Dozy Mmobuosi’s kids
Dozy Mmobuosi is a proud father of three children, whom he shares with his wife, Oluwatosin Mmobuosi. Dozy and Oluwatosin’s kids include Isioma Mmobuosi, Nwamaka Mmobuosi and Dozy Jr Mmobuosi. Further information about them is currently scarce.
About Dozy Mmobuosi’s crimes and latest updates
In December 2023, the US Securities and Exchange Commission (SEC) filed charges against Dozy Mmobuosi for allegedly falsifying financial statements and other reports of his company, Tingo Group. SEC also accused Mmobuosi of conspiracy and deceiving investors through false SEC filings.
According to US Attorney Damian Williams, Mmobuosi allegedly orchestrated a scheme to inflate Tingo Group’s financial statements, making the companies appear profitable. Between 2019 and 2023, Mmobuosi allegedly misrepresented Tingo Mobile and Tingo Foods as profitable businesses generating hundreds of millions of dollars in revenue.
Thereafter, Mmobuosi was charged with one count of conspiracy, carrying a maximum sentence of five years in prison. He also faced one count of securities fraud under Title 15 and one count of making false filings with the SEC, each carrying a maximum sentence of 20 years in prison. In August 2024, the US District Court for the Southern District of New York imposed a $250 million penalty on Mmobuosi and his companies as a final judgement by default.
About Dozy Mmobuosi’s net worth
Dozy Mmobuosi’s net worth is estimated to be £7 billion. His main source of income is his career as a tech entrepreneur and serial businessman.
