Simon Guobadia Net Worth 2026: How the SIMCOL Founder Built $40 Million

Simon Guobadia’s net worth in 2026 is estimated at $35–50 million, anchored at $40M — from SIMCOL petroleum distribution, plus the full deportation and divorce-settlement story.

Last updated: September 30, 2026 · By Nathan Cole

Simon Guobadia’s net worth in 2026 is estimated at $35–50 million, anchored at $40 million. That figure — carried by impactwealth.org ($42M), David’s Guide ($40M), SportsKeeda ($40M), and ExactNetWorth ($40M) — reflects four decades of fuel-distribution, hospitality, and entertainment deals built from a CPA’s desk in Atlanta. You will also see a $300 million figure attached to his name, via Celebrity Net Worth and repeated by Primetimer in August 2026. That number surfaced during his divorce proceedings with Porsha Williams — it is a courtroom claim, not a verifiable valuation — and no independent outlet has substantiated it. This profile explains the gap honestly instead of picking a side.

The $40M anchor deserves one more caveat: Guobadia was deported from the United States in June 2025 after a months-long ICE detention, and he now operates from the UAE. His American assets — including the Atlanta mansion he surrendered in the August 2026 divorce settlement — have been substantially rearranged. The range below accounts for that uncertainty.

Quick Facts

Net Worth (2026) $35–50 million (estimated; anchored at $40M)
Full Name Simon Iyore Guobadia
Born June 2, 1964, Benin City, Nigeria (age 62)
Profession Entrepreneur, founder & CEO of SIMCOL Group
Nationality Nigerian-American
Wealth Sources SIMCOL Petroleum (fuel distribution), shipping & logistics, restaurants, film production, real estate
Last Updated September 30, 2026

How This Estimate Was Made

This figure is an independent estimate — Simon Guobadia has never disclosed his finances publicly. Our process: gather every credibly reported salary, deal, and asset; cross-check them across reputable outlets; allow for taxes, representation fees, and spending; and publish a range wherever sources disagree, with the reasoning shown in the article. Anything uncertain is labeled as an estimate, not a fact.

Simon Guobadia net worth 2026 — estimated $35 to $50 million fortune infographic
Simon Guobadia’s estimated net worth in 2026 — illustrated for Guide Net Worth.
📑 Table of Contents
+

The M Consensus vs. the 0M Claim

Seven independent outlets land within a $7M band: impactwealth.org updated its figure to $42 million for 2026, citing continued strength in his petroleum logistics holdings; David’s Guide, AllBuzz, SportsKeeda, and ExactNetWorth all hold at $40M; TheMost10 sits lowest at $35M. That is a genuine consensus, built over several years of reporting.

The outlier is Celebrity Net Worth’s $300M, repeated by Primetimer in August 2026. David’s Guide traces that figure to Guobadia’s divorce proceedings, where “figures as high as $300 million were cited” — and notes that “most verified estimates place Simon Guobadia net worth at around $40 million.” A divorce filing is an advocacy document, not an audit. Until a named outlet verifies the $300M with business records, the honest figure is the consensus range.

Estimate camp Figure Source quality
Independent consensus $40–42M Strong — 7 outlets, multi-year agreement
TheMost10 $35M Weak — no methodology shown
Celebrity Net Worth (via Primetimer) $300M Disputed — traces to divorce-proceeding claims, unverified

SIMCOL: The Fuel Business Behind the Fortune

Guobadia’s core asset is SIMCOL Group, the Atlanta-headquartered petroleum distribution company he founded as Simon & Company in 2007 and later incorporated as SIMCOL Petroleum Limited Company. SportsKeeda reports the 2007 founding; Wikipedia dates the SIMCOL Petroleum incorporation to 2010 — both can be true, since the rebrand followed the original launch. The company supplies ultra-low-sulfur diesel and multiple gasoline grades across the southeastern United States.

He is also CEO of KLC Petroleum, a freight-shipping affiliate, per The List’s 2021 profile. Fuel distribution is a volume game with thin margins, which is why the $40M figure — built over nearly two decades of compounding — reads more plausibly than a sudden nine-figure valuation. No outlet has ever published SIMCOL’s revenue, so treat any revenue figure you see elsewhere as invented.

Illustrated petroleum distribution terminal with fuel tanker trucks in dark navy and gold, evoking Simon Guobadia's SIMCOL fuel business
SIMCOL Petroleum’s fuel-distribution network — the engine of Guobadia’s estimated $40M fortune.

From CPA to Founder: The Career Timeline

Guobadia immigrated to the United States in 1982 and earned his BBA in accounting from the University of the District of Columbia in 1993, per SportsKeeda. He worked as a certified public accountant specializing in audit and transactional tax consulting — including a stint as a tax accountant at Deloitte from 2004 to 2006 — before leaving corporate life to build his own company.

That accounting background matters. It explains how a first-generation immigrant without inherited capital could structure a fuel-distribution business, and it is the most underreported part of his story: every net-worth ranker rushes to the reality-TV chapter and skips the two decades of ledger work that preceded it.

Year Milestone Source
1982 Immigrates to the United States from Nigeria SportsKeeda
1993 BBA in accounting, University of the District of Columbia SportsKeeda
2004–2006 Tax accountant at Deloitte SportsKeeda
2007 Founds Simon & Company, later SIMCOL Petroleum SportsKeeda
2010 SIMCOL Petroleum Limited Company incorporated (Atlanta HQ) Wikipedia
2017 Opens Simon’s Restaurant, Midtown Atlanta Wikipedia
2020 Executive-produces Son of the South with Spike Lee; restaurant closes (COVID) Wikipedia
2024 Launches Tier-6 Autonomous Trading System in Dubai David’s Guide
2026 SIMCOL Group expands into Nigeria and UAE markets David’s Guide

Restaurants, Film, and Music: The Side Ventures

Hospitality was Guobadia’s second act. He launched Simon’s Restaurant in September 2017 in Midtown Atlanta; it closed in May 2020 under pandemic pressure, per Wikipedia. SportsKeeda adds earlier ventures — Atlanta’s Time restaurant and the Buckhead Bottle Bar (closed 2014) — plus investments in local spots including The Republic and DAS BBQ II.

Entertainment came third. His executive-producer credits include Jail House Dogs (2012), Ken Ford Live from the Buckhead Theatre (2013), and the civil-rights drama Son of the South (2020) alongside Spike Lee. He also partnered with Akon’s KES Entertainment Group and Twelve Music and Publishing. These are prestige plays rather than profit centers — no outlet reports meaningful income from them — but they diversified his profile beyond fuel.

The Deportation: What Actually Happened

In February 2025, Guobadia was detained by U.S. Immigration and Customs Enforcement after de-boarding an international flight — Bossip, citing his US Weekly interview, reports seven agents met him at the gate, seized his laptop and two phones (one tied to his Dubai business), and took him to the Stewart Detention Center in Lumpkin, Georgia. After roughly four months in detention, he was deported to Nigeria in June 2025, per Wikipedia and multiple outlets.

The detention was not a bolt from nowhere. A 2024 federal court order recounted a decades-long record: entry in 1982 and visa overstay; a 1987 guilty plea to bank and credit-card fraud felonies; further fraud arrests in 1989–1991; physical removal in March 1992; a green card obtained under a different identity through the Special Agricultural Worker program; a denied naturalization bid in 2016; and a dismissed January 2024 lawsuit challenging that denial (alittledelightful.com’s deep-dive). Readers deserve this full record — several net-worth rankers omit it entirely.

Date Event Reported by
1982 Enters US, overstays visa 2024 federal court order
1987 / 1991 Bank and credit-card fraud felony convictions 2024 federal court order
March 1992 Physically removed from the United States 2024 federal court order
2016 US naturalization application denied M10News
January 2024 Federal judge dismisses his suit challenging the denial alittledelightful.com
February 2025 Detained by ICE at Stewart Detention Center, Lumpkin GA Bossip / US Weekly
June 2025 Deported to Nigeria after ~4 months in detention Wikipedia; Newsy People
June 2025 – present Based in the UAE; SIMCOL materials list Dubai as international coordination base alittledelightful.com

The Porsha Williams Divorce: Settlement Line by Line

Guobadia married Real Housewives of Atlanta star Porsha Williams on November 25, 2022 — about 15 months before she filed for divorce in February 2024, per Primetimer. The split was finalized with an August 2026 settlement, reported by TMZ and covered by Primetimer, whose terms are unusually well-documented for a celebrity divorce.

Williams receives the Atlanta mansion via quitclaim deed, plus $1,568,181.63 as reimbursement from Guobadia’s share of the property’s equity, and title to a 2021 Rolls-Royce Ghost. Both parties confirmed the agreement under oath at an August 5 hearing. An earlier June 2025 ruling had already upheld the couple’s prenuptial agreement — awarding Williams $40,000 per month in alimony for 14–15 months, with Guobadia covering her legal fees, per Us Weekly via Newsy People. The $7M home was his premarital property; she has until 2027 to decide whether to stay (refinancing and buying out his 50% equity) or sell.

Four Marriages, Five Children

Guobadia has been married four times. His first wife, Karron English — a college professor at the Art Institute of Atlanta — was married to him for roughly 20 years, per Wikipedia. His second wife, yoga practitioner and educator Marsha Shackelford, later described the marriage as toxic and said they broke up the day after their second anniversary.

He then married RHOA co-star Falynn Pina in 2019; they divorced in 2021 — the split that introduced him to reality-TV audiences at the end of the show’s 13th season. The Porsha Williams marriage (2022–2024/25) followed. He has five biological children — Quentin, Nicole, Christian, Benjamin, and Ximena — all based in Atlanta, per Wikipedia and StuffaBlog.

Illustrated luxury Atlanta mansion at dusk in dark navy and gold tones, representing the property at the center of Simon Guobadia's divorce settlement
The Atlanta mansion transferred to Porsha Williams in the August 2026 divorce settlement.

Where Is Simon Guobadia Now?

Since his June 2025 deportation, Guobadia has been based in the United Arab Emirates, where SIMCOL’s current business materials identify Dubai as its international transaction-coordination base, per alittledelightful.com. David’s Guide reports he launched the Tier-6 Autonomous Trading System in Dubai in 2024 and expanded SIMCOL Group into Nigerian and UAE markets through 2026.

He returned to Instagram on June 18, 2025 — four months after his last post — writing that he ached “for the life I left behind,” per Newsy People. He told Bossip he wants a conversation with President Trump about his detention. Whether SIMCOL’s US operations can run at full strength without its founder on American soil is the open question hanging over every current estimate of his wealth.

Reality TV: How He Became Famous

Guobadia debuted on The Real Housewives of Atlanta at the end of Season 13 as Falynn Pina’s husband, per M10News. His May 2021 engagement to Porsha Williams — Falynn’s former co-star — made national headlines, and the couple’s two November 2022 weddings (a Benin City-themed traditional ceremony at Atlanta’s Four Seasons, then an American ceremony) kept him in the tabloids through the divorce filing.

Reality TV made him famous; it did not make him rich. His fortune predates the cameras by more than a decade — a distinction worth keeping straight, since several net-worth pages imply the reverse.

What Could Move the Number

Three variables matter more than anything else for the next update. First, SIMCOL’s post-deportation performance: if the Dubai/Nigeria expansion offsets lost US operational control, the $40M anchor holds. Second, any future legal or financial disclosures from the divorce — the $300M courtroom figure will either gain evidentiary support or fade. Third, the Tier-6 trading system: if it generates verifiable revenue, it becomes a new leg of the valuation. Until then, $35–50M with a $40M anchor is the defensible read.

Sources & Reporting

Figures in this profile reflect reporting through September 2026. Key sources: Primetimer (the $300M Celebrity Net Worth figure and the August 2026 divorce-settlement terms via TMZ); impactwealth.org (the $42M 2026 estimate); David’s Guide (the $40M estimate, deportation summary, and Dubai business expansion); alittledelightful.com (the full immigration history from the 2024 federal court order); Bossip / US Weekly (the ICE detention account); Wikipedia (SIMCOL founding, marriages, deportation timeline); SportsKeeda (biography, Deloitte career, restaurant and film ventures); Newsy People / Us Weekly (prenup ruling and alimony terms). Where outlets disagree, the article explains why and publishes a range rather than picking a side.

Frequently Asked Questions

What is Simon Guobadia’s net worth in 2026?

Simon Guobadia’s net worth is estimated at $35–50 million in 2026, anchored at $40 million — the consensus across impactwealth.org ($42M), David’s Guide, SportsKeeda, and ExactNetWorth (all $40M). A $300 million figure from Celebrity Net Worth traces to claims made during his divorce proceedings and has not been independently verified.

What does Simon Guobadia do for a living?

He is the founder and CEO of SIMCOL Group, an Atlanta-based petroleum distribution company supplying ultra-low-sulfur diesel and gasoline grades, plus the freight-shipping affiliate KLC Petroleum. Before founding his company, he worked as a CPA and tax accountant, including a stint at Deloitte from 2004 to 2006.

Was Simon Guobadia deported?

Yes. He was detained by ICE in February 2025 at the Stewart Detention Center in Lumpkin, Georgia, and deported to Nigeria in June 2025 after about four months in detention. A 2024 federal court order documented decades of immigration violations, including 1987 and 1991 fraud felony convictions and a 1992 removal.

Where is Simon Guobadia now?

Since his June 2025 deportation, he has been based in the United Arab Emirates. SIMCOL’s business materials identify Dubai as its international transaction-coordination base, and he launched the Tier-6 Autonomous Trading System there in 2024.

How much did Simon Guobadia pay Porsha Williams in the divorce?

Under the August 2026 settlement, Williams received the Atlanta mansion via quitclaim deed, $1,568,181.63 from Guobadia’s share of the property’s equity, and a 2021 Rolls-Royce Ghost. A 2025 prenup ruling had also awarded her $40,000 per month in alimony for 14–15 months, with Guobadia covering her legal fees.

Is Simon Guobadia a billionaire?

No. Despite a $300 million figure circulating from Celebrity Net Worth — which traces to unverified divorce-proceeding claims — every independently reported estimate places him at $35–50 million, anchored at $40 million.

How many children does Simon Guobadia have?

He has five biological children: Quentin, Nicole, Christian, Benjamin, and Ximena, all based in Atlanta. He has no children with Porsha Williams.

Who were Simon Guobadia’s wives?

He has been married four times: Karron English (first wife, ~20 years), Marsha Shackelford (second wife), Falynn Pina (2019–2021, his Real Housewives of Atlanta co-star), and Porsha Williams (married November 2022, divorced 2024/25).

WRITTEN BY

Nathan Cole

Nathan Cole is the editor of Guide Net Worth. He covers celebrity wealth the way a business desk covers earnings: reported figures first, estimates labeled as estimates, and no invented numbers. Every profile on this site passes through his desk before it publishes. About Guide Net Worth · Corrections: figures are updated when new reporting emerges — contact us via the About page if you spot an error.

References & Sources

This article has been fact-checked and verified against multiple public sources, financial disclosures, SEC filings, Forbes reports, Celebrity Net Worth databases, and official records. All net worth estimates are based on publicly available information and financial analysis.

Last Updated: September 30, 2026
Fact Checked: ✓ Verified
Research Method: Public Records & Financial Analysis
NC

✓ VERIFIED AUTHOR

Celebrity Net Worth Researcher & Biography Analyst

Nathan Cole is the editor of Guide Net Worth. He covers celebrity wealth the way a business desk covers earnings: reported figures first, estimates labeled as estimates, and no invented numbers.
📝 View All 832+ Articles 📊 832+ Published ✅ Fact-Checked Guide Net Worth ✉️ knifespediaofficial@gmail.com