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Biography of Dr. Cosmas Maduka,Profile, Net worth,children

Cosmas Maduka biography

Name: Cosmas Maduka
Full names: Dr. Cosmas Madua­buchukwu Maduka
Date of Birth: 24,December, 1958.
State of Origin:  Nnewi, Anambra State.
Occupation:Business man, Chairman, Chief Executive Officer of Coscharis Group of Companies.
Dr-Cosmos-Maduka
Picture: Dr. Cosmas Maduka

Dr. Cosmas Maduka is a Nigerian Billionaire and business man of great reputation, He's story is that of grass to grace, a fighter, survivor, winner, someone who did not let the circumstance of birth prevent him from achieving his destiny and heart desires of making it in his endeavours, though not privileged to have a formal education following the lost of his father to the cold hands of death at a tender age of 4. Chief Cosmas Maduka went on from just a young apprentice and a serving boy at a very tender age of 7, to building one of Nigeria's great brands, ranging from Auto,Banking, Information  communications technology,Manufacturing and other businesses. These all started from a one man business he founded, Coscharis Motors, Which from its humble beginning is now a large conglomerate, he also served as a non-executive director in Access bank board.

Early Childhood

Dr, Cosmas Maduka was born in Jos, Plateau State, to Mr. and Mrs.  Peter and Madam Rose Maduka in 1958. In 1962, at age 4,young Maduka lost his father and the bread winner of his family and ever since he was left to provide for himself the basics of life, assisting his mother at an early age of 7, in hawking bean cake popularly known as akara in Jos,Plateau.
In the year 1970, Cosmas relocated to Lagos to serve as automobile apprentice under his Uncle who resides in Ebute Metta area of Lagos Mainland, with their auto shop located at 88 Griffith street,close to Oyingbo bustop.

A very dedicated and committed young man, who never stopped believing in his abilities, Maduka mastered neccessary skills to the disbelieve of people for a young boy his age. at 14 he has already earned his uncles trust and was sent to make purchases on his behalf and later sent to work at the Sokoto and Nnewi.

in 1975 things fell apart between him and his uncle, who Dr. Cosmas reveled in one of the interview granted the sun newspaper, that he was sent away by his uncle from the apprenticeship for attending a church camp program, which the Uncle got to learn about his absence. That incident of not been around landed him immediate termination of his apprentice work and was settled with a very low some of 200 naira. He later partnered with his brother in starting auto spare parts business which didn't last but left him with additional 100 naira in addition to his earlier earned 200 naira.

How Coscharis Motor started.


with the 300 naira ambitious and determined Maduka started Choscharis as a sole proprietor, making some good fortune from buying and selling motorcycle spare parts from Boulous Enterprises, through one of its innovation called motorcycle crash ban, from this business his capital rose from a 300 naira startup capital to 3000 naira in cash asset. The money realised was later lost to wrong importation and he had to start back from scratch.

Coscharis Group


in 1983 Coscharis Group was incorporated, dealing in importation of auto spare parts for Japanese vehicles and related auto products. The company founded by Dr. Maduka is one of the pioneering institution for auto and auto parts dealership in Nigeria with its first head office,opened in 1989 at 1-7 Coscharis street, Maza Maza, Kirikiri industrial Estate in Lagos.

His company with interest in other sectors of the Nigerian economy aside Automobile and spare parts has several branches across major cities and towns in Nigeria.

In 1997, the new ultramodern complex was commissioned, situated at 68A Adeola Odeku, Victoria Island.
in 1998 the Group secured exclusive right to market BMW brand variants such as BMW X1, BMW X3, BMW X5, & BMW X6 and Land Rover car brands like Range Rover Sports, Range Rover Evoque,Range Rover Vogue,Discovery 4,the Defender and Freelander 2 in Nigeria.
In 1999 his company Coscharis completed state of the art ultramodern sales and show room, located in Maza Maza, Lagos, the Comission was done by then Nigeria Vice President Alhaji Atiku Abubakar, with several other notable dignitaries present.
in year 2000, sales and show room were commissioned in Central Business area in Abuja.
In 2001, the company diversified into sales of American car brands like Ford and MG.

He is happily married to Mrs. Charity Maduka and are blessed with Children.

his estimated net worth according to lifestyle magazine, Forbes is placed at excess of 1 billion US dollars.

Major refrence/Credit: sunnewsonline. com

7 comments: Leave Your Comments

  1. You Guys are Awesome. These are men whom I've been searching for their bios.I am an entrepreneur and I love learning from the masters. Thank you Records NG.

    ReplyDelete
    Replies
    1. You most welcome Blaise! we are so humbled to know you find our articles very informative, Please do bookmark this site and check back for more awesome articles as this

      Delete
  2. I love this. It's inspiring.

    ReplyDelete
  3. c'est un aigle.c'est mon idole.lui ressembler,un objectif pour moi.

    ReplyDelete
  4. ce monsieur fait la fierté de l'Afrique et est un model pour la jeune génération que nous somme.pour il est une bénédiction pour l’Afrique.je l'admire,en un mot c'est un aigle. c'est mon idole,suivre ces traces est mon rêve,étant technicien en mécanique automobile

    ReplyDelete
  5. What a grass to grace paradox proved correct by Dr. Cosmas!!!!!!
    Dan, Thanks for this piece

    ReplyDelete

Thanks for reading and don't forget to keep the conversation going. Pls. NOTE Comment with web links will not be publish.

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