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Tuesday, December 25, 2012

Nairaland Owner, Seun Osewa is worth over $6 million

I love to do research all the time and this time around, I have made another interesting discovery. Many people have been speculating about the net worth of Nigeria's No.1 online destination, Nairaland. Well, no need to do that anymore. I have a reasonable estimate for you based on my research on Pagerank. A leading website statistics and valuation platform globally. This is what it has to say about Nairaland:

"nairaland.com has a global traffic ranking of 1,309 in the world. This site is estimated worth of US Dollar $ 6,360,120.00 and have a daily income of around $ 5,889.00 US Dollar. As no active threats were reported recently by users, nairaland.com is SAFE to browse."

Considering the fact that Nairaland is 100% owned by Seun Osewa, the implication is that he is at the very least worth $6,360,120. Convert that by my benchmark exchange rate of $1= N160 and you get N1,017,619,200.

These figures are getting me dizzy! Seun Osewa is a millionaire in dollar terms and a billionaire in terms of naira. Are some people still saying that Internet business is not worth it? I say they should keep quiet!

Note: Nairaland Owner, Seun Osewa has contacted me to contest the validity of these figures. He doesn't believe that Nairaland is worth that much and by extension he is not so wealthy. Here is the thing, I never said he has millions of dollars in cash. However, the figures from Pagerank indicate the valuation of Nairaland which is quite reasonable considering its global traffic rank of 1,309.

6 comments:

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  2. Yahoo new section shows users everything they have planned for the day its like a to do list, as a calendar might. Tapping on an event will show you details of what you have on your to do list for the day, and in the case of a flight, YahooMail will indicate whether the plane is delayed it is a great feathers

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  3. This comment has been removed by the author.

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  4. seun osewa biography and net worth here http://www.takemetonaija.com/2014/08/about-seun-osewa-biography-life-and-news.html

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