Simon Guobadia Net Worth: The $40M and $322M Claims Explained

Taz Stansberry
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Taz Stansberry
I'm Taz Stansberry. The person behind Official Buzz Magazine. I write about celebrities, their lives, and their net worth, always aiming to keep it accurate and...
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Simon Guobadia Net Worth

Simon Guobadia net worth in 2026 is not publicly verified. Court records cited by the Atlanta Journal-Constitution placed his wealth above $322 million when he married Porsha Williams in November 2022. That historical figure does not prove his current net worth.

Bottom line: Public evidence supports substantial business wealth in 2022. It does not support a precise present-day total. Confidence is low for any exact 2026 estimate and medium for the historical conclusion.

The confusion comes from several figures that measure different things. Older websites repeated about $40 million. Divorce proceedings later discussed a personal figure above $322 million and a SIMCOL value near $296 million. Guobadia then argued that the business had lost all value, but the trial judge rejected that account.

Simon Guobadia Net Worth at a Glance

QuestionBest-supported answer
Exact net worth in 2026Not publicly verified
Strongest historical figureMore than $322 million at his November 2022 marriage, according to court records cited by the AJC
Main reported source of wealthSIMCOL Petroleum and related business interests
SIMCOL figure in divorce proceedingsAbout $296 million; this was a company figure, not cash in Guobadia’s account
Later business-value claimGuobadia said SIMCOL had lost all value; the judge rejected that position
Common older online estimateAbout $40 million, without a published asset-and-debt schedule
Confidence in an exact current estimateLow

Net worth equals assets minus liabilities. A responsible estimate therefore needs current values for cash, investments, property and business interests. It also needs loans, taxes, guarantees and other obligations. No complete public statement supplies those inputs for Guobadia in 2026.

What Is Simon Guobadia Net Worth in 2026?

The honest answer is that no exact current figure can be verified. The best public evidence describes Guobadia’s finances at earlier points in time.

The Atlanta Journal-Constitution report on the court record says his net worth exceeded $322 million when he married Williams in November 2022. The report attributes much of that wealth to SIMCOL Petroleum.

That disclosure is more useful than an anonymous website estimate. Still, it has clear limits. It does not provide readers with a current balance sheet. It also does not disclose every valuation method, ownership percentage, debt or later change in value.

For those reasons, Official Buzz Magazine does not convert the 2022 disclosure into a 2026 estimate. It is a historical marker, not a live financial quote.

Why Do Estimates Range From $40 Million to More Than $322 Million?

The estimates conflict because publishers often compare unlike numbers. Some repeat an old celebrity-wealth estimate. Others round the 2022 court-reported figure and present it as current.

FigureWhat it actually representsEvidence assessment
About $40 millionA common older internet estimateLow confidence; no complete financial disclosure supports it
More than $322 millionGuobadia’s reported net worth when he married in November 2022Strongest historical marker, but not current
About $296 millionA value associated with SIMCOL during the divorceBusiness figure, not verified personal cash or current net worth
ZeroGuobadia’s later claim about SIMCOL’s valueDisputed; the trial judge rejected it
About $300 millionA newer estimate based largely on rounding the historical disclosureNot an independently verified 2026 valuation

None of the numbers answers every financial question. The $40 million figure lacks transparent inputs. The $322 million figure has stronger documentary context but a past valuation date. The $296 million amount concerns a company. The zero claim failed to persuade the court.

Averaging these figures would not solve the problem. It would mix different dates, subjects and methods, then create a number that appears more precise than the evidence.

What did the Simon Guobadia and Porsha Williams divorce Record Reveal?

The divorce record provides the most valuable financial context. It also shows why a single-number answer can mislead readers.

The Fulton County Clerk’s high-profile case archive identifies the Williams v. Guobadia divorce matter and provides access to filings. The available documents establish the litigation timeline and the parties’ dispute over their prenuptial agreement.

The More-Than-$322-Million Disclosure

The AJC reported that court records placed Guobadia net worth above $322 million at the time of the 2022 marriage. That is the strongest available answer to what his wealth looked like then.

However, a disclosure in marital litigation is not the same as a public audit. Readers cannot inspect a complete current inventory of bank accounts, securities, property interests and debts from that one reported number.

The Roughly $296-Million SIMCOL Figure

The proceedings also discussed SIMCOL at roughly $296 million. This figure helps explain why the historical personal total was much higher than the familiar $40 million estimate.

It does not mean Guobadia held $296 million in cash. A private company’s value can depend on revenue, contracts, assets, debt and market conditions. An owner’s personal stake also depends on the percentage and class of ownership.

Without those details, the company figure cannot serve as a current personal net-worth calculation.

Why the Judge Rejected Zero

Guobadia later argued that SIMCOL had lost all value after his immigration detention and June 2025 deportation. According to the AJC’s account of the final judgment, Judge Charles Eaton said that explanation “strains credibility.”

The judge noted that Guobadia had previously managed the business while spending substantial time outside the United States. The court therefore did not accept the claimed collapse as presented.

This finding does not prove a replacement value of $296 million or $322 million. It only means the zero-value position failed under the evidence before the court.

How Did Simon Guobadia Make His Money?

Guobadia’s documented business history spans petroleum, hospitality and entertainment. Petroleum appears to be the central source behind the largest reported valuations.

Petroleum and SIMCOL

Georgia corporate records trace SIMCOL Petroleum LLC to 2007 and SIMCOL Group Inc. to 2011. The current SIMCOL company overview describes a refined-petroleum trading operation with activity centered on Nigeria and a Dubai execution desk.

The company says it focuses on products such as Jet A-1 fuel and automotive gas oil. Those statements describe its business model. They do not disclose audited revenue, profit or Guobadia’s current ownership value.

Restaurants and Hospitality

Guobadia also operated restaurants and nightlife businesses in Atlanta. The AJC’s report on the closure of Simon’s Restaurant says the venue closed in 2020 after three years. The newspaper also linked him to earlier hospitality projects.

These ventures help explain his business background. Closed venues should not be counted as current income sources without evidence of continuing ownership or payments.

Film and Television Exposure

Guobadia has an executive-producer credit on the 2020 film Son of the South. The film’s IMDb full-credit listing names him as Simon I. Guobadia.

He has also appeared in reality-television coverage connected with Williams. No reliable public contract reveals what he earned from producing or appearing on screen. Those credits cannot support a numerical income estimate.

What Do Company Records Show in 2026?

Official registries show that SIMCOL-related entities remain part of the public corporate record. They do not reveal the businesses’ market value.

The Georgia record for SIMCOL Group Inc. lists the company as active and in compliance. It shows a 2026 annual registration and names Guobadia in three officer roles.

The Georgia record for SIMCOL Petroleum LLC lists that entity as active but not in compliance. That label reflects an administrative status. It does not prove insolvency or a lack of operations.

Florida presents a different and narrower record. The state’s SIMCOL Petroleum foreign-registration page shows an inactive registration after a 2017 revocation for failing to file an annual report. That status concerns Florida registration. It does not establish that every SIMCOL entity stopped doing business.

Together, the records show legal and administrative facts. They provide no income statement, balance sheet, ownership table or independent company valuation.

How Did the Divorce Affect His Financial Picture?

The divorce imposed material obligations, but the public figures still cannot produce a current net worth.

The AJC reported monthly payments of $40,000 for 14 months. That schedule totals $560,000. It also reported nearly $250,000 in attorney fees and the award of a multimillion-dollar Atlanta home to Williams.

It would be misleading to subtract $560,000 and $250,000 from the historical $322 million figure. The 2022 total may have changed before the judgment. The home may have carried debt, and its equity could differ from its market price. Payment status and tax effects also matter.

The sound conclusion is narrower: the divorce changed Guobadia’s financial obligations and property position. Public reporting does not quantify his complete post-divorce wealth.

Can We Calculate a Defensible Current Net Worth?

No. The most important current inputs remain private or unavailable.

Required inputPublicly known?Why it matters
Cash and investmentsNoThese may form a large share of liquid wealth
SIMCOL ownership percentageNot clearly documentedCompany value cannot be assigned without ownership terms
Current independent SIMCOL valuationNoHistorical litigation figures may no longer apply
Real-estate equityNo complete scheduleProperty value must be reduced by secured debt and costs
Personal and guaranteed liabilitiesNo complete scheduleDebts reduce net worth
Divorce obligations and payment statusOnly partly reportedThe final economic effect cannot be reconstructed
Tax exposureNot publicTaxes may materially affect retained value

This evidence gap supports two different confidence ratings. Confidence is low in any exact 2026 number. Confidence is medium that Guobadia held substantial business wealth in 2022 because court-based reporting supports that narrower claim.

Frequently Asked Questions

What is Simon Guobadia net worth in 2026?

His exact 2026 net worth is not publicly verified. Court-based reporting placed his wealth above $322 million in November 2022, but later values and liabilities remain unclear.

Is Simon Guobadia net worth $40 million?

The $40 million figure is a widely repeated online estimate, not a verified balance-sheet result. The 2022 court-reported disclosure was much higher.

Was Simon Guobadia net worth more than $322 million?

According to the AJC’s reporting from court records, his net worth exceeded $322 million when he married Porsha Williams in November 2022. That does not confirm his current wealth.

How much was SIMCOL valued at?

The divorce proceedings discussed a figure around $296 million for SIMCOL. That business figure should not be treated as Guobadia’s personal cash or the company’s current value.

How did Simon Guobadia make his money?

Petroleum appears to be his main documented wealth source through SIMCOL. His background also includes Atlanta hospitality ventures and an executive-producer credit.

Did the divorce reduce Simon Guobadia’s net worth?

The divorce created significant payment, fee and property obligations. However, the available evidence does not support an exact calculation of his post-divorce net worth.

Is SIMCOL still active?

Georgia lists SIMCOL Group Inc. as active and compliant. It lists SIMCOL Petroleum LLC as active but noncompliant. These administrative records do not reveal either entity’s financial health or value.

Conclusion

Simon Guobadia net worth cannot be stated as a verified current number. The strongest public marker is the court-reported figure above $322 million at his November 2022 marriage. The older $40 million estimate lacks transparent support, while the later SIMCOL claims conflict.

The evidence justifies describing Guobadia as a businessman with substantial historical wealth. It does not justify presenting $40 million, $300 million or $322 million as his exact fortune in 2026. A precise answer would require current asset values, ownership data and liabilities that the public record does not provide.

Sources and Method

This review prioritized court-based reporting, the Fulton County case archive and official corporate registries. It used SIMCOL’s website only for the company’s own description of its business. Supplied competitor pages informed the claim comparison but do not appear as citations.

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I'm Taz Stansberry. The person behind Official Buzz Magazine. I write about celebrities, their lives, and their net worth, always aiming to keep it accurate and interesting. Find me on Instagram @tazstansberry or follow the magazine @OffBuzzmagazine on X.