Olasijibomi Ogundele, widely known as Sujimoto, is a Nigerian real estate mogul renowned for his work in luxury property development. As the founder and CEO of Sujimoto Construction Ltd., he has transformed upscale residential living in Nigeria, with an expanding presence in multiple international cities.
Profile Summary
| Full Name | Olasijibomi Ogundele |
| Date of Birth | April 8, 1981 |
| Place of Birth | Agege, Lagos State, Nigeria |
| Nationality | Nigerian |
| State of Origin | Lagos State |
| Partner | N/A |
| Children | N/A |
| Occupations | Real estate entrepreneur; CEO, Sujimoto Construction Ltd. |
| Net Worth | Over $50 million |
Early Life and Education
Olasijibomi Ogundele was born on April 8, 1981, in the Agege area of Lagos State, Ogundele was raised in humble circumstances. His father was a laborer, and his mother sold goods in the Oke-Arin market.
From a young age, he supported his family by pushing a wheelbarrow for market traders and later invested his savings to start a small bike business.
He attended Oko-Oba Primary School and Ijebu-Ode Grammar School and went further to study law at Anglia Ruskin University in the United Kingdom.
Career
Ogundele began his real estate career in 1998 in Southern France, brokering property management and financing deals. His breakthrough came in 2011 when he purchased and renovated an apartment in Paris, selling it for double the purchase price.
Motivated by this success, he returned to Nigeria in 2013 to establish Sujimoto Construction Ltd. Partnering with Saudi real estate investor Yazeed Alrahji, he aimed to revolutionize luxury real estate in Nigeria.
Under his leadership, Sujimoto has delivered projects in Lagos’ most prestigious neighborhoods, including Bananna Island and Ikoyi, earning acclaim for elegant and innovative designs.
Personal Life
Ogundele keeps his personal life private, and details about his partner and children are not publicly available.
Controversies
In 2020, Ogundele faced accusations from a client claiming he defrauded them of $325,000 related to a property sold but never delivered.
More recently, in 2025, the Economic and Financial Crimes Commission listed him as wanted for alleged financial improprieties involving an Enugu State government contract. Ogundele reported to the authorities to clear his name, explaining project hindrances due to funding and security issues.
Net Worth
His net worth is estimated to be over $50 million as of 2025, ranking him among the wealthiest young real estate entrepreneurs in Nigeria.
Awards and Recognitions
- Hospitality Honorarium Grand Award, South Africa Hotelier Conference (2017)
- Listed among Nigeria’s Top 10 Real Estate Disruptors (2020)
- Vanguard Young Entrepreneur of the Year (2021)
- Business Day Next Bull Award (2021)
- Featured among 60 Leading Real Estate CEOs in Nigeria by The Guardian (2022)
