What is the net worth of Simon Guobadia?

Simon Guobadia is the founder and CEO of SIMCOL Petroleum and SIMCOL Group with a massive net worth of $40 million, as well as an American entrepreneur and executive producer.

After his ex-wife, Falynn, participated in the renowned reality show Real Housewives of Atlanta (RHOA), he became well-known in the entertainment sector. On the 13th season of RHOA, she appeared as a friend of Porsha Williams, his current fiance.

Quick Facts About Simon Guobadia

Simon Guobadia Net Worth $40 Million
Full Name Simon Iyore Guobadia
Date of Birth June 2, 1964
Age 57
Gender Male
Nationality American
Profession Producer, Business
Relationship Status Engaged
Fiance Porsha Williams
Ex-Wife Falynn Guboadia

Simon Guobadia Earnings, Career, Wiki, and More

His net worth is projected to be around $40 million as of 2021, despite his secrecy about his investments and new business activities. This money comes from his three oil firms’ stock as well as the restaurant businesses he owns. He also enjoys luxurious pursuits and owns a private airplane.

Among his other things, he also has a large mansion which is speculated to be worth around $4 million. And among the automobiles in his garage are Ferraris and Rolls-Royces, among others. He also works as an investor and earns a substantial amount of money from it. His filmmaking productions also bring in a lot of money for him. His present net worth is the sum of all of his investments and commercial enterprises. And because his business is continually expanding, his total net worth will only rise shortly.

He began his career as a tax manager for Deloitte which is a firm based in Atlanta. From 2004 to 2006, he worked for the company for two years. In January 2007, he began working as the CEO of the “SIMCOL Group”. Simultaneously, he served as the President and CEO of SIMCOL Petroleum.

In mid-2007, he began working for KLC Petroleum Transport LLC where he was the company’s CEO at the time. Aside from his business ventures, he has also worked as an executive producer in the film industry. Among the notable films he produced are Jail Dogs, Buckhead Theatre, Kill, and Son of the South.


In 2017, he opened Simon’s Restaurant, which was permanently shuttered in May 2020 due to the effects of the global pandemic. Previously to that, he was the owner of Time and Buckhead Bottle Bar, which collapsed in 2014 where he had put more than $3.8 million into the Bottle Bar’s functioning.

When SIMCOL Restaurant Concepts was charged with Chapter 11 bankruptcy in 2014, the amount involved as investment was revealed. Later, he mentioned that the Chapter 11 bankruptcy had been discharged and that all creditors had been paid with necessary documents fulfilled.

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Simon Guobadia Relationship and Personal Life

He was married to Falynn Guboadia who is a famous reality TV celebrity. On July 14, 2019, he married Falynn in Villa Christina at the Hyatt Regency. Surprisingly, it was both of their second marriages. From their previous marriage, he has five children and Falynn has three.

Rumors were circulating that the pair were having difficulties in their relationship. He originally filed for divorce from Falynn in January 2021. He filed for divorce a second time a month later, claiming that his marriage was “irretrievably broken”. After two years of marriage and five years of friendship, they announced their separation on April 22.

He is currently engaged to Porsha Williams. She stated in an Instagram post from May 2021 that their relationship started a month ago but that they are crazy in love. She revealed that he makes her so happy, and that is the most important thing to her.

Simon Guobadia Early Life, Family, and Education

He was born in Nigeria on June 2, 1964, and later moved to Georgia, the United States where he grew up. He, according to some websites, is of Nigerian descent. Although there is limited information regarding his parents and his upbringing, it is known that Mary Awo-Osagie is his sister’s name.

In terms of his schooling, he attended Loyola College in Ibada, Nigeria. He afterward relocated to the United States, where he enrolled in the University of the District of Columbia. He graduated from the University with a major in accounting in 1993.

Interesting Facts About Simon Guobadia

  • As of December 2021, he has around 168k followers on his Instagram account.
  • He also puts philanthropy first, since he is a regular donor to Northpoint Ministries which is a pillar of the Georgia religion community.
  • He also gives his time and knowledge to emerging businesses, and he has a strong influence in helping the next generation of Atlanta millionaires succeed.
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