Simon Guobadia Net Worth: How He Built His $300 Million Fortune

Simon Guobadia is a Nigerian-born businessman and entrepreneur who built his wealth through petroleum distribution, logistics, investments, hospitality, and entertainment. Although many people first heard his name through his relationship with The Real Housewives of Atlanta star Porsha Williams, his business career started long before his television appearances.

Simon Guobadia’s net worth is commonly estimated at around $300 million. This figure is particularly interesting because court records reported by the Atlanta Journal-Constitution showed that his net worth exceeded $322 million when he married Williams in November 2022. However, that historical financial figure should not automatically be treated as his confirmed net worth in November 2026. His current financial position has not been established through a publicly available, independently audited statement.

His petroleum company, SIMCOL, has been central to his financial story. His divorce proceedings, business valuation disputes, and immigration case have also brought greater attention to his finances.

Simon Guobadia: Quick Facts

What Is Simon Guobadia’s Net Worth in 2026?

Simon Guobadia’s estimated net worth is widely reported at approximately $300 million. However, there is an important distinction between online celebrity wealth estimates and documented financial information.

The strongest publicly reported figure comes from his divorce proceedings. According to the Atlanta Journal-Constitution, court records showed that Guobadia had a net worth exceeding $322 million when he married Porsha Williams in November 2022.

Most of that wealth was connected to SIMCOL Petroleum, the company that helped establish his position in the energy business.

Celebrity Net Worth has also published an estimate of $300 million. However, neither this estimate nor the historical court figure confirms exactly how much money he currently owns.

His financial position may have changed because of business developments, property transfers, legal expenses, and divorce-related payments.

For that reason, $300 million is best understood as a widely reported estimate rather than a verified 2026 financial statement.

How Did Simon Guobadia Make His Money?

Simon Guobadia did not become wealthy through reality television. His business interests were established before he became a familiar name among Bravo viewers.

His main source of wealth has been the petroleum industry. Over the years, he has also discussed investments in restaurants, nightclubs, and other businesses.

Here are the main areas associated with his career.

1. SIMCOL Petroleum: His Biggest Source of Wealth

SIMCOL Petroleum is the most important part of Simon Guobadia’s financial story.

He established his original petroleum business in Atlanta in 2007. The company focused on fuel distribution and developed relationships within the energy and logistics industries.

According to the company’s own history, its original US operation was established as SIMCOL Petroleum Limited Company. Its activities included domestic fuel distribution and petroleum-related commercial operations.

The company later developed international business interests.

SIMCOL’s current website describes SIMCOL Petroleum Nigeria Limited as a refined petroleum export business. It focuses on products such as Jet A-1 aviation fuel and automotive gas oil, with transaction coordination handled through Dubai.

This shows the direction of its current business model, although company website information does not independently establish its revenue or market value.

The importance of SIMCOL becomes clearer when looking at Guobadia’s reported finances.

The Atlanta Journal-Constitution reported that his wealth exceeded $322 million when he married Williams, with much of it attributed to the petroleum business.

That connection explains why SIMCOL remains central to discussions about Simon Guobadia’s net worth.

You can learn more through the company’s official SIMCOL website.

2. Petroleum Distribution and Logistics

Petroleum distribution is not simply about selling fuel. It involves commercial relationships, transportation arrangements, supply agreements, documentation, and the movement of products between suppliers and buyers.

Guobadia has described his work as a combination of petroleum and logistics.

In a 2022 interview with Bravo, he explained his professional background in straightforward terms:

“I own a petroleum and logistics business,” he said.

The statement gives a useful picture of the work behind his business interests.

Logistics also matters because petroleum products must move through complicated supply chains. Companies working in this sector often deal with large commercial transactions and international buyers.

His experience in this industry helped establish the foundation of his business career.

3. Restaurants and Nightclubs

Petroleum has been his best-known business interest, but Guobadia has also discussed investments in hospitality.

During his Bravo interview, he mentioned having interests in restaurants and nightclubs.

Atlanta has been an important location for his hospitality activities. These businesses offered another area for investment outside the energy industry.

However, there is limited reliable public information about the current ownership, profitability, and value of every hospitality venture associated with him.

It would therefore be misleading to assign a specific amount of his estimated fortune to restaurants or nightlife businesses.

What is clear is that he explored more than one business sector during his career.

4. Film Production and Entertainment

Simon Guobadia has also been connected with film production.

His entertainment interests have included producer and executive producer credits on independent projects. This gave him a connection to the film industry beyond his appearances on reality television.

Film production can involve several financial arrangements, including investment, production funding, and distribution agreements.

However, the financial success of a film project depends on its budget, distribution, audience, and commercial performance.

There is no reliable public breakdown showing how much Guobadia has earned from producing films.

His entertainment work is part of his professional background, but it should not be confused with the main source of his reported wealth.

Simon Guobadia’s Career Before Reality Television

Before becoming known to reality television audiences, Guobadia was already working in business.

His career developed around commercial and entrepreneurial interests, particularly petroleum and logistics.

He eventually became the public face of SIMCOL and expanded his interests into other areas.

His appearance on Bravo programming introduced him to a much larger audience. It also brought attention to his lifestyle, business background, and personal relationships.

In an April 2023 interview published by Bravo, he described himself as retired at that time.

The article reported that he had shared the statement on Instagram, writing that he was “happily retired.”

That comment suggested he wanted to spend more time enjoying his personal interests, including golf and family life.

However, retirement from an active executive role does not necessarily mean that someone has sold their businesses or stopped receiving income from investments.

Simon Guobadia and Porsha Williams: How Their Divorce Affected His Finances

Simon Guobadia’s marriage to Porsha Williams became one of the most discussed parts of his personal life.

Williams is known for appearing on The Real Housewives of Atlanta. Their relationship attracted considerable public attention after they announced their engagement in 2021.

They married in November 2022, holding both a traditional Nigerian ceremony and an American wedding celebration.

However, the marriage did not last.

Williams filed for divorce in February 2024 after approximately 15 months of marriage.

Their separation became a significant financial and legal matter, particularly because of their prenuptial agreement.

What Did the Divorce Settlement Include?

In July 2025, a Fulton County judge granted Williams’ request to enforce the prenuptial agreement.

According to the Atlanta Journal-Constitution, Guobadia was ordered to pay:

• $40,000 per month in spousal support for 14 months.
• Almost $250,000 in attorney fees.
• Additional financial obligations under the divorce judgment.

Williams also received their multimillion-dollar Atlanta marital home.

These decisions are important when discussing Guobadia’s financial position because they involved substantial payments and property arrangements.

However, they do not establish that his entire business fortune disappeared.

The SIMCOL Business Valuation Dispute

One of the most interesting financial issues during the divorce involved SIMCOL’s value.

Guobadia argued that his company had lost its value following his immigration detention and deportation.

The judge rejected that argument.

As reported by the Atlanta Journal-Constitution, the judge said the claim “strains credibility.” The court questioned how a company previously associated with hundreds of millions of dollars in value could suddenly lose almost all of its worth.

This disagreement is important because it demonstrates why calculating his current net worth is difficult.

A company’s valuation is not the same as its owner’s available cash. Business assets, debts, ownership interests, and future earning potential all matter.

The divorce records provide valuable information, but they do not offer a complete, independently verified balance sheet for November 2026.

Simon Guobadia’s Immigration Case and Life After Deportation

Another major development in Guobadia’s life occurred in 2025.

He was detained by US Immigration and Customs Enforcement (ICE) in February 2025. Following his detention and immigration proceedings, he was deported in June 2025.

The Atlanta Journal-Constitution reported in January 2026 that he was living in the United Arab Emirates.

His immigration situation also affected his legal proceedings in the United States.

In January 2026, he sought to voluntarily dismiss his defamation lawsuit against Williams, explaining that uncertainty about his immigration status made it difficult to attend a potential trial in Atlanta.

His relocation has raised further questions about how his business activities are organised.

SIMCOL’s current website identifies Dubai as its execution base for international petroleum transactions, while also describing its Nigerian export operations and the history of its US business.

Nevertheless, there is no public financial statement establishing how these changes have affected Guobadia’s personal fortune.

Simon Guobadia’s Lifestyle and Personal Interests

Guobadia has been associated with an expensive lifestyle, including luxury vehicles, travel, and high-end property.

His public appearances with Porsha Williams also brought attention to their Atlanta home and lifestyle.

Golf has been another important interest.

In his 2023 interview with Bravo, he discussed playing golf regularly and taking lessons. He also expressed interest in eventually participating in charitable golf events.

His approach to family and financial security has also appeared in his public comments.

In an Instagram message discussed by Bravo, he talked about providing his children with educational opportunities and resources to help them build independent lives.

Although his lifestyle provides an idea of the level of wealth associated with his public image, expensive possessions alone cannot establish someone’s net worth.

Frequently Asked Questions About Simon Guobadia’s Net Worth

1. What is Simon Guobadia’s net worth in 2026?

Simon Guobadia’s net worth is commonly estimated at around $300 million. However, the figure is not independently verified for 2026. Court records reported by the Atlanta Journal-Constitution placed his wealth above $322 million when he married Porsha Williams in 2022.

2. How did Simon Guobadia become rich?

He built his wealth primarily through petroleum distribution and logistics. His company, SIMCOL Petroleum, was established in Atlanta in 2007. He has also discussed investments in restaurants, nightclubs, and other businesses.

3. What company does Simon Guobadia own?

Simon Guobadia is best known for his connection with SIMCOL Petroleum. The company has operated in petroleum distribution and developed international trading interests.

4. Is Simon Guobadia richer than Porsha Williams?

Public financial estimates have placed Guobadia’s wealth substantially above Williams’. However, neither person’s complete current financial position is publicly verified, so an exact comparison cannot be established.

5. How much money did Simon Guobadia have when he married Porsha Williams?

According to court records cited by the Atlanta Journal-Constitution, his net worth was more than $322 million when the couple married in November 2022.

6. How much does Simon Guobadia have to pay Porsha Williams?

A July 2025 divorce ruling ordered him to pay $40,000 monthly for 14 months, along with almost $250,000 in attorney fees. Williams also received their multimillion-dollar marital home.

7. Where does Simon Guobadia live now?

The Atlanta Journal-Constitution reported in January 2026 that Guobadia was living in the United Arab Emirates after his deportation from the United States in June 2025.

Conclusion

Simon Guobadia built his financial reputation through business rather than television fame. His work in petroleum distribution and logistics, particularly through SIMCOL Petroleum, played the biggest role in establishing his fortune.

His reported net worth of approximately $300 million reflects the financial figures associated with his business career and divorce proceedings. Court records placed his wealth above $322 million in 2022, but that historical figure does not confirm his exact wealth today.

His divorce from Porsha Williams, the SIMCOL valuation dispute, and his deportation have all affected the public discussion surrounding his finances.

Despite the attention, one thing remains clear: his business career began long before reality television made him a familiar name.

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