Billionaire businessman and boss of Coscharis Group, Cosmos Maduka has opened up on the real reasons he has refused to remarry following the passing o
Billionaire businessman and boss of Coscharis Group, Cosmos Maduka has opened up on the real reasons he has refused to remarry following the passing of his wife and business partner, Charity Maduka. Cosmos, who is now a grandfather, says he is more focused on his succession plane as he nears retirement. He is more concerned with grooming someone, perhaps one of his children, to take over from him as the company is a family business. Besides, he says he needs the approval of his four children to remarry.
“I will only remarry if my children want me to remarry. I am more focused on succession at this phase of my life.”
Cosmos lost his wife in 2021. At the time of her death, she was the Vice-President of the Coscharis Group as a co-owner of the company founded by her husband.
In her capacity, she was once the Executive Director supervising the Administrative, Legal, Works / Maintenance, Export, Technologies teams of the organization from 1984 – 2003. Under her tutelage, she was able to grow the business by creating value via the various strategic departments she supervised within the organization. As a board member of the group, in the year 2005, she later became the Executive Chairman/COO of two of the subsidiaries of the Coscharis Group namely Coscharis Beverages Limited and Coscharis Properties Limited respectively.
