Okonjo Iweala Biography & Net Worth

Biography of Ngozi Okonjo Iweala

Ngozi Okonjo-Iweala, born 13 June 1954 in Ogwashi-Ukwu, Delta State, Nigeria, is a Nigerian-American economist and international development expert who has served since March 2021 as Director-General of the World Trade Organization.

Okonjo Iweala is the first woman and the first African to hold the office. Her father, known as Professor Chukwuka Okonjo, was the Obi of Obahai Royal Family of Ogwashi-Ukwu. She is also a member part of the boards of Standard Chartered Bank, Twitter, Global Alliance for Vaccines and Immunization, and the African Risk Capacity (ARC).

Okonjo Profile

  • Full Name Ngozi Okonjo-Iweala
  • Age 66 years old 
  • Occupation American economist and international development expert
  • Children 4
  • Nationality Nigerian
  • Tribe Igbo
  • Place of Origin Ogwashi-Ukwu, Delta State
  • Marital status Married
  • Instagram
  • Twitter
  • Facebook

Okonjo Iweala Biography – Age

How old is Okonjo Iweala? Okonjo Iweala was born on June 13, 1954, in Ogwashi-Ukwu, Delta State, in the Southern South part of Nigeria, and she’s currently 66 years old.

Okonjo Iweala Career

Before coming to the United States in 1973 as a teenager to study at Harvard University, Okonjo-Iweala attended Queen’s School in Enugu, St. Anne’s School in Molete, Ibadan, and the International School in Ibadan.

She received an AB in Economics from the Massachusetts Institute of Technology in 1976 and a Ph.D. in regional economics and development from the Massachusetts Institute of Technology in 1981, with the thesis Credit policy, rural financial markets, and Nigeria’s agricultural development.


Her doctoral studies were financed by an international grant from the American Association of University Women (AAUW).

Okonjo-Iweala is married to Ikemba Iweala, a family medicine physician from Umuahia, Abia State, Nigeria, and they have four children, including author Uzodinma Iweala.

Okonjo-Iweala worked with the World Bank for 25 years. As a development economist, she rose to the number two position of managing director, operations (2007–2011).

She also served two terms as finance minister of Nigeria (2003–2006, 2011–2015) under President Olusegun Obasanjo and President Goodluck Jonathan.

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She is also the country’s first female finance minister, the first woman to hold the position twice, and the first finance minister to serve under two distinct presidents. In 2005, Euromoney named her global finance minister of the year.

After decades of working and studying in the United States, Okonjo-Iweala became a US citizen in 2019. It was discovered during her candidacy for the next Director-General of the World Trade Organization (WTO).

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Analysts speculated that the disclosure would add to China’s attitude toward her, given the continuing trade tensions between the two countries.

Okonjo Iweala Awards

Okonjo Iweala has received numerous awards throughout her career. Here are some of the awards;

  • Best Supporting Actress at 2009 Best of Nollywood Awards.
  • Best Actress -West Collaboration at the 2010 Ghana Movie Awards.
  • Best Actress Africa Collaboration at the 2011 Ghana Movie Awards.
  • Best Actress in Leading Role at the 2012 Nollywood Movies Awards.
  • Best Actress in Comedy at the 2013 Africa Magic Viewer’s Choice Awards.
  • Best Comedic Act at the 2014 Golden Icons Academy Movies awards.
  • Best Actress -Africa Collaboration at the 2015 Ghana Movie Awards.
  • Actress Of The Year at the 2018 Eloy Awards.

Okonjo Iweala Net Worth

Okonjo Iweala is considered one of the most influential person in the country and has an estimated net worth of $49.3 billion.