Cosmas Maduka is a Nigerian businessman and philanthropist, best known as the founder of Coscharis Group, a major company in Africa with interests in automobiles, agriculture, and manufacturing. Starting with little, he built his business through hard work and is now a respected figure in Nigerian entrepreneurship.
| Name | Cosmas Maduka |
| Age | 66 years old (as of 2024) |
| Date of Birth | December 24, 1958 |
| Gender | Male |
| Occupation | Businessman, Philanthropist |
| Marital Status | Married |
| Religion | Christianity |
| Ethnicity | Igbo |
| State of Origin | Anambra |
| Nationality | Nigerian |
| Net Worth | $800 million |
Cosmas Maduka Biography
Cosmas Maduka, born on December 24, 1958, in Jos, Nigeria, is a well-known Nigerian businessman and philanthropist. He is the founder, chairman, and CEO of the Coscharis Group, a conglomerate involved in various industries such as manufacturing, ICT, petrochemicals, agriculture, and automobiles. Growing up in Nnewi, Anambra State, Maduka faced early hardships, losing his father at age four and leaving school to support his family by hawking food. Today, he is a successful entrepreneur known for his resilience and commitment to building Coscharis into one of Nigeria’s top 50 brands.
Cosmas Maduka Educational Background
Cosmas Maduka’s formal education ended in elementary school due to financial struggles after his father’s death. Despite this, he gained practical skills and a strong work ethic through early apprenticeships, which laid the foundation for his entrepreneurial journey.
Cosmas Maduka Career
Cosmas Maduka’s career began with a modest N200 severance after being dismissed by his uncle, who had trained him in auto parts sales. At 17, Maduka co-founded a spare parts business, CosDave, which failed but did not deter him. In 1977, he launched Coscharis Motors, initially focusing on Japanese automobile spare parts. In 1982, Coscharis Motors gained significant growth when it became one of ten Nigerian companies granted an import license by the government. Today, Coscharis Group distributes luxury car brands like BMW, Ford, and Jaguar in Nigeria and operates multiple subsidiaries, including an assembly plant for the Ford Ranger.
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Cosmas Maduka Awards
Cosmas Maduka’s accomplishments have earned him numerous awards. He received an honorary doctorate from the University of Nigeria, Nsukka, and completed an executive education program at Harvard Business School. In 2012, he was honored with the national title of Commander of the Order of the Niger (CON) by President Goodluck Jonathan. As President of the Nigerian Table Tennis Federation, he led the team to multiple Olympics, further showcasing his leadership in sports.
Cosmas Maduka Church
Cosmas Maduka is a devout Christian, often seen preaching the gospel on the streets and speaking at churches and youth conferences across Nigeria. His faith is central to his life, and he credits his personal and professional success to his strong commitment to Christian beliefs.
Cosmas Maduka Age
Cosmas Maduka was born on December 24, 1958, he is 66 years old as of 2024.
Cosmas Maduka Personal Life
Cosmas Maduka is known for his humble beginnings and unwavering faith. He is an advocate for youth empowerment and shares stories of how he has mentored young entrepreneurs, including Stanel Group’s Stanley Uzochukwu. Maduka’s dedication to family and community is widely respected.
Cosmas Maduka Wife
Cosmas Maduka married his wife, Charity, at age 21. Their company, Coscharis, is a combination of their names. Sadly, Charity Maduka passed away in 2021 at the age of 63.
Cosmas Maduka Children
Cosmas and Charity had five children: four sons and a daughter. They maintain a close-knit family and continue to honor Charity’s memory.
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Cosmas Maduka House
Cosmas Maduka resides in Lagos, Nigeria, where he enjoys a comfortable life befitting his status as one of Nigeria’s wealthiest entrepreneurs.
Cosmas Maduka Net Worth
Cosmas Maduka’s estimated net worth is around $800 million as of 2024, showcasing his remarkable entrepreneurial journey and success as the founder and CEO of Coscharis Group. His wealth reflects decades of hard work, resilience, and strategic business decisions that have made his company one of Nigeria’s most respected conglomerates.
Cosmas Maduka is active on social media, where he shares updates on the company’s latest ventures and insights into his entrepreneurial journey.