Simon Guobadia’s Net Worth and the Fortune Behind the Name

Simon Guobadia built his wealth through petroleum, real estate, hospitality, and other ventures long before he became known through reality television.

His net worth has attracted attention, especially after his divorce from Porsha Williams and his 2025 deportation. However, estimates vary widely because his private businesses do not release public financial statements.

Simon Guobadia Net Worth at a Glance

Simon Guobadia’s net worth is most accurately estimated at $300 million, according to Celebrity Net Worth.

Court records reported during his divorce showed that his net worth exceeded $322 million when he married Porsha Williams in November 2022, with much of that wealth connected to SIMCOL Petroleum. During the later divorce proceedings, SIMCOL itself was discussed as having previously been valued at approximately $296 million.

Guobadia later argued that SIMCOL’s value had fallen to virtually nothing following his immigration detention and deportation. The judge rejected that explanation as lacking credibility.

Why Do Simon Guobadia Net Worth Estimates Vary So Widely?

Image Source: Via @iamsimonguobadia

Estimates vary because Guobadia’s main business interests are privately held, and no publicly available, independently audited statement shows his complete current assets and liabilities.

Older celebrity and biography sites have placed his wealth closer to $35 million to $40 million, while financial information that surfaced during his divorce pointed to substantially higher figures.

The difference does not mean either number should automatically be accepted as his current net worth. Older online estimates often rely on publicly visible businesses and lifestyle assets, while the higher figure comes from financial information referenced in court proceedings.

For that reason, around $300 million can be described as a widely reported estimate, but not as a confirmed present-day fortune.

Simon Guobadia’s Early Life and Career Foundation

Simon Iyore Guobadia was born on June 2, 1964, in Nigeria and moved to the United States in 1982.

He later studied accounting at the University of the District of Columbia and worked in accounting before becoming an entrepreneur. Public profiles have described him as a former CPA, and his professional background included tax and financial work before he entered the petroleum industry.

In 2007, he founded Simon & Company, which later developed into SIMCOL Petroleum Limited Company.

The original business focused on refined petroleum products in the United States, particularly gasoline and ultra-low-sulfur diesel. Guobadia later expanded into logistics, hospitality, entertainment, real estate, and other sectors.

Where Does Simon Guobadia’s Money Come From?

Guobadia’s business career has included petroleum distribution, restaurants, entertainment projects, property, and other investments. SIMCOL has consistently been described as the largest component of his business holdings.

1. SIMCOL Group: The Core of His Business Portfolio

SIMCOL traces its origins to the petroleum business Guobadia established in Atlanta in 2007.

Its U.S. operations were built around the supply and distribution of refined petroleum products. Court reporting during Guobadia’s divorce indicated that SIMCOL had previously been valued at approximately $296 million, making it the main reason his disclosed wealth was substantially higher than many older celebrity net worth estimates.

During the divorce proceedings, Guobadia claimed the company’s value had collapsed following his detention by U.S. Immigration and Customs Enforcement. The court was not persuaded that nearly $297 million in business value could have disappeared within a few months without recovery or recourse.

SIMCOL’s current corporate materials emphasize international petroleum trading and export operations. SIMCOL Petroleum Nigeria Limited was established in 2022, and the company also describes coordinating transactions through a Dubai execution desk.

Because these businesses are privately held, their present market value cannot be independently calculated from public financial statements.

2. Restaurants, Film, Cars, and Other Assets

Guobadia also developed business interests outside petroleum.

Restaurants and Hospitality: He was involved with several Atlanta hospitality businesses, including Buckhead Bottle Bar and Time, and helped open American Cut in Buckhead. Simon’s Restaurant opened in Midtown Atlanta in 2017 and permanently closed in May 2020 during the COVID-19 pandemic.

Film Production: Guobadia has worked as an executive producer, with credits that include Son of the South and other independent projects.

Real Estate: A luxury Atlanta property also formed part of his public asset profile. The home at the center of his divorce from Porsha Williams later became one of the most valuable and heavily disputed assets in their settlement.

Luxury Cars: Guobadia has publicly displayed a significant car collection over the years, including Rolls-Royce vehicles and a Ferrari.

These assets help demonstrate the scale of his lifestyle and business interests, but they are not enough on their own to calculate his current net worth.

Simon Guobadia and Porsha Williams: The Divorce That Cost Simon His Fortune

Image Source: astyledwedding.com

Simon Guobadia’s relationship with Porsha Williams became public shortly after the end of his marriage to Falynn Pina.

Guobadia and Williams became engaged in 2021 after a short courtship.

They held two separate wedding ceremonies in Atlanta in November 2022. A Nigerian traditional native law and custom ceremony took place on November 25, followed by an American-style wedding on November 26.

Williams filed for divorce on February 22, 2024, after approximately 15 months of marriage. Much of the ensuing litigation centered on the couple’s prenuptial agreement and financial obligations.

The divorce was finalized in June 2025, with the court enforcing the prenup. The court ordered Guobadia to pay Williams $40,000 per month for 14 months in spousal support and about $224,000 in legal fees. The ruling also gave Williams rights connected to the marital residence, including 50% of its equity, along with several vehicles.

The property dispute continued after the divorce itself became final.

In August 2026, Williams and Guobadia reached an agreement resolving remaining property issues. Under the reported terms, Guobadia relinquished his interest in the Fulton County home through a quitclaim deed. Williams was also recognized as being owed $1,568,181.63 from his share of the property’s equity and received title to a 2021 Rolls-Royce Ghost.

Simon Guobadia’s Immigration History and Deportation

Guobadia’s immigration history stretches back several decades.

A 2024 federal court order recounts that he entered the United States in 1982, overstayed his visa, and later faced a series of immigration and criminal matters.

The record states that Guobadia was arrested in 1987 for bank and credit-card fraud and pleaded guilty to a felony offense. It also records another credit-card-fraud felony in 1991.

He was physically removed from the United States in March 1992.

The same federal record states that Guobadia had used a different identity when applying for temporary status under the Special Agricultural Worker program and had omitted parts of his criminal history. USCIS denied his subsequent applications for U.S. naturalization.

In January 2024, a federal judge dismissed his lawsuit challenging USCIS’s refusal to grant him naturalization.

Guobadia was detained by ICE in February 2025 and deported to Nigeria in June 2025 after several months in detention.

Where Is Simon Guobadia Now?

Following his June 2025 deportation, Guobadia initially returned to Nigeria.

Subsequent public reporting placed him in the United Arab Emirates, and SIMCOL’s current business materials identify Dubai as an important base for international transaction coordination.

He has continued to comment publicly on his divorce and business affairs while maintaining operations outside the United States.

His current personal wealth remains difficult to determine because no publicly available audited financial statement shows the present value of SIMCOL, his other companies, personal assets, liabilities, and divorce-related obligations.

Frequently Asked Questions

How many times has Simon Guobadia been married?

Four times. His longest marriage was to Karron English, followed by Falynn Pina in 2019, and most recently Porsha Williams in 2022.

Does Simon Guobadia have children?

Yes. He has five biological children: Quentin, Nicole, Christian, Benjamin, and Ximena—from relationships before his marriage to Porsha Williams.

What fraud charges did Simon Guobadia face?

In the 1980s, he pleaded guilty to bank and credit card fraud, convictions that later became central to his deportation case.

Did Simon Guobadia have a social media presence?

Yes. He was active on Instagram at @iamsimonguobadia, often posting about his lifestyle and publicly responding to his divorce proceedings.

Final Words

Simon Guobadia’s exact current net worth remains difficult to verify.

While court records revealed a fortune exceeding $300 million at one point, his present wealth depends on private business values, assets, and financial obligations that are not publicly available.

The most accurate description is that he built a substantial fortune, but the current figure remains unconfirmed.