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Reading: The success story of Coscharis Motors boss, Cosmas Maduka
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The success story of Coscharis Motors boss, Cosmas Maduka

November 12, 2015 4:34 pm
The Capital
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Debo Popoola
Some are born with a silver spoon, having everything they will ever need to survive on their finger tips. Others are born with no spoon at all, and these ones struggle to get a spoon. Some struggle to get a wooden spoon, some an iron spoon, some a silver spoon and some work tirelessly to get a golden spoon and a good example of a man that was born with no spoon but worked hard, not just to get a spoon but a golden spoon is the CEO of Coscharis Motors, Cosmas Maduka.
The Coscharis boss covered the front page of the latest edition of Forbes Magazine. He was reported to have turned a 1$ business into a $500million conglomerate. He showered in the streets and worked for years with no pay! Coscharis CEO, Cosmas Maduka, turned $1 into a $500 million automobile empire. Nigerian Automobile giant, Coscharis Motors CEO, Cosmas Maduka’s success story is quite an inspiring one as he graces the cover of the November 2015 issue of Forbes Africa.
We get to take a look into his world and see how he started Coscharis from scratch and built it into a billion naira business conglomerate, as the latest edition of the magazine he is dubbed ‘The $500-Million Survivor’.
His feature outlines his success story – Seven years without pay, showering in the street, squatting with his brother, fired by his uncle, fired at by his wife’s uncle and more. Cosmas Maduka shares how he survived war, tragedy and family fights to turn $1 into $500 million.
It has been a rocky road for Cosmas Maduka, who started out fixing cars and now makes millions selling them.

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