Wemimo Abbey, born in 1992 in Lagos, Nigeria, is the co-founder and co-CEO of Esusu, a fintech firm that helps renters improve their credit by reporting rent payments. He also founded Clean Water for Everyone, serving over 250,000 individuals. Abbey’s efforts to address financial inequities have earned him accolades on lists like Fortune’s 40 Under 40 and Forbes’ 30 Under 30.
Profile Summary
| Full Name | Wemimo Abbey |
| Date of Birth | 1992 (exact date not specified) |
| Place of Birth | Lagos, Nigeria |
| Nationality | Nigerian |
| State of Origin | Lagos State |
| Spouse | Married (2022) |
| Children | Not specified |
| Occupations | Co-Founder and Co-CEO of Esusu |
| Net Worth | $1.4 billion |
Early Life and Education
Wemimo Abbey was raised in the impoverished neighborhoods of Lagos, Nigeria, following the loss of his father when he was just two years old.
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Despite financial hardships, his mother, who emphasized the importance of education, ensured he attended one of Nigeria’s prestigious high schools.
At the age of 17, Abbey immigrated to the United States, where he encountered obstacles such as being declined loans due to a limited credit history.
He graduated with honors, receiving a Bachelor of Science in Business Management from the University of Minnesota, and later obtained a Master of Public Administration from New York University.
Career
Wemimo Abbey co-founded Esusu, a fintech company that allows renters to improve their credit by reporting rent payments. Prior to Esusu, he founded Clean Water for Everyone, which helped over 250,000 individuals in various nations gain access to clean water.
In addition, Abbey started a data analytics company that was acquired in 2014 and served as a mergers and acquisitions consultant at PwC, overseeing transactions exceeding $50 billion.
His entrepreneurial achievements have garnered recognition, including being named on Forbes’ 30 Under 30 list and receiving TIME100 NEXT acknowledgment.
Personal Life
Wemimo Abbey, who places a strong emphasis on family, got married in 2022 and relocated to California to support his wife’s career. Prior to this, he was in a relationship with Taylor Goodridge, an executive in investor relations and marketing, and together they resided in Harlem.
Abbey prioritizes personal identity and family values, which he integrates into his financial inclusion and community empowerment endeavors.
Wemimo Abbey Net Worth
Wemimo Abbey is currently estimated to have a net worth of approximately $1.4 billion, making him one of the wealthiest Black Americans. He is known for co-founding Esusu, a fintech company that assists renters in building credit by reporting their rent payments to credit bureaus.
Awards and Nominations
Wemimo Abbey has received several notable awards and nominations, including:
- 2020 Forbes 30 Under 30: Recognized for his contributions to finance and social impact.
- 2022 Fortune 40 Under 40: Honored for his influence in business.
- 2022 Crain’s 40 Under 40: Acknowledged for his entrepreneurial achievements.
- 2022 Bloomberg New Economy Catalyst: Recognized for innovative contributions to the economy.
- National EY Entrepreneur Of The Year® 2023 Award: Celebrated for exceptional entrepreneurship.
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