With only $1, Cosmas Maduka has managed to build a Multi Million dollar business empire spanning automotive spare parts, technology, medical equipment and agriculture.
Peace Hyde, West Africa Correspondent for Forbes Africa scripts an inspirational story, which profiles tragedy, misfortune, hope and the power to overcome adversity in this inspirational cover story. Dr. Cosmas Maduka lost his father at the age of 4 years old and was forced to drop out of school when his mother could no longer support the family. Maduka had to fend for himself on the streets of Lagos as a street hawker before beginning life as an apprentice at the tender age of 7.
Today he sits on a business empire which is embarking on building the first assembly plant for Ford pick up trucks in Nigeria as well as a multimillion dollar agriculture project. Coscharis group is also a franchise holder of luxury car brands Rolls Royce, Range Rover, Jaguar and BMW.
His success story is quite an inspiring one and as he graces the cover of the November 2015 issue of Forbes Africa. For the magazine he is dubbed ‘The $500-Million Survivor’. His feature outlines his success story – Seven years without pay, showering in the street, scrapping with his brother, fired by his uncle, fired at by his wife’s uncle and more. Cosmas Maduka shares how he survived war, tragedy and family fights to turn $1 into $500 million.