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- December 6, 2020 -

This set the stage for his later moves to break the eight-year monopoly in the Nigerian sugar industry, when he commissioned BUA sugar refinery, said to be the second-largest sugar refinery in sub-Saharan Africa. Abdul Samad Rabiu in knowledge, wisdom, and understanding. Making Africans proud! Reply. In that case, we would say he is halfway there. and BSc. Companies House does not verify the accuracy of the information filed (link opens a new window) ... Search for a company or officer Search. In the cement industry in Nigeria, two names are Kings, Chairman of Dangote Group, Alhaji Aliko Dangote, and Abdul Samad Rabiu, the boss of Bua Group. 06:07 2020. Linked companies : BUA Cement Plc - Cement Company of Northern Nigeria Plc: Summary : Founder of Nigerian Oil Mills Ltd., BUA Sugar Refinery Ltd., BUA Flour Mills Ltd. and BUA Group, Abdulsamad Rabiu is an entrepreneur and … This provided a much-needed windfall for the young company. For the first 6 months, Tayo bootstrapped from his personal funds before setting out to raise funds from investors. Abdulsamad Rabiu net worth: Abdulsamad Rabi is a Nigerian businessman who has a net worth of $700 million. Based on recommendations from an uncle, Razaq started learning generator repairs and maintenance. The Refinery was conceived as an ultra-modern, automated plant with state of the art equipment. READ: Bitfxt raises N5.45 billion from UK firm. This erupted into a major crisis that claimed the lives of many Yorubas and Hausas across the country. FRC orders banks not to lend money to states without approval, Rich Bitcoin investor moved $175 million worth of BTC for just $0.84, Scaling in Nigeria’s fashion industry is tough work – Ugo Monye. Life. Not many people were particular about tertiary education and becoming an artisan was seen as a norm for the children. In the cement industry in Nigeria, two names are Kings, Chairman of Dangote Group, Alhaji Aliko Dangote, and Abdul Samad Rabiu, the boss of Bua Group. Even as a student, the young Adenuga did not have things easy, and even had to hustle as a taxi driver in New York to pay for his university tuition. [15], 4. “Nigeria imports 90% of it’s petroleum products. Age : 39. BUA foundation has been the vehicle through which Rabiu carries out most of his philanthropic gestures. Returning to Kano as a newly-minted graduate with a degree in economics from Capital University in Columbus, Ohio, in the United States, a lot had changed while Rabiu was away. Cheers to Rabiu as he celebrates his 60th birthday in a very unostentatious style, since the rules of the pandemic do not permit large gatherings. Unlike other self-made billionaires, Abdul Samad Isyaka was born with a silver spoon because his late father, Khalifah Isyaku Rabiu, a millionaire himself, was one of … Abdul returned to Nigeria at the age of 24 to overseer the family business. https://nairametrics.com/2020/03/01/the-zero-to-hero-story-of-abdulsamad-rabiu His late father was Khalifah Isyaku Rabiu, a notable industrialist in the 1970/1980’s. The technology deployed is unique and from Brazil, widely known as having the best technology in sugar production and refinery. After shooting in the air to disperse the mob, the soldiers took them to the Bukavu barracks where they were camped as Internally Displaced Persons (IDPs) in the Army Day Secondary School – the same school where Rasaq was a student. From a humble start, Mike Adenuga has become one of Nigeria’s most successful entrepreneurs whose impact is being felt across the continent. “We never had plans of coming back to the southwest, it was completely accidental and it was this accident that completely changed the course of my life,” Rasaq states wistfully. Nigerian startup, Green Africa to sign deal with Airbus for 100 aircraft. As the world got ‘techified’, there was a need to merge technology into the classic investment arrangement. This was a terrain that was, hitherto, only played in by the likes of Aliko Dangote. He became Vice President at Travant Capital Partners in Lagos upon his return to Nigeria and remained there till 2009. READ: Rich Bitcoin investor moved $175 million worth of BTC for just $0.84. [2] His late father, Khalifah Isyaku Rabiu, was one of Nigeria's foremost industrialists in the 1970s and 1980s. I pooled together people to work in different aspects, most of them friends who were doing it as a favor. Abdul Samad Rabiu is the founder and chairman of BUA Group, a Nigerian conglomerate with interests in manufacturing, infrastructure and agriculture with a revenue in excess of $2.5 billion. May Almighty Allah guide and protect him. Abdul Samad is the founder and chairman of BUA Group, a Nigerian conglomerate concentrating on manufacturing, infrastructure and agriculture and producing a revenue in excess of $2.5 billion. Razaq’s story is a captivating one that sees one unfortunate event changing the fate of a young man. Abdul Samad Isyaku Rabiu CON | Kano, Kano, Nigeria | chairman of BUA Group at BUA Group | 169 connections | See Abdul Samad 's complete profile on Linkedin and connect So, immediately we heard the gunshots, we knew help had come. Abdul Samad Rabiu said that preliminary findings show that the two local governments of Guyuk and Lamurde are reputed to have good quality of limestone deposits and BUA … As of 2020 Abdul Samad Rabiu net worth is $3.1 billion making him the 3rd richest in Nigeria and 716th in the global billionaire’s club. Our focus for this week’s profile is Tayo Oviosu, founder and CEO of a notable payment solutions provider, Pagatech, the startup that blazed the trail for others in the space. He had a short break from investment banking in December 2010, when he resumed with Shell Petroleum Development Company as Business Economist. 8 Akilo Road, Ikeja Lagos. BUA Group 670 views. See the complete profile on LinkedIn and discover Abdul Samad’s connections and jobs at similar companies. Latest news about Abdulsamad Rabiu : 2018: Nigeria's NNPC says Shell, ExxonMobil also looking at crude swaps: RE. Rabiu is no stranger to the Forbes list of Africa’s richest, and even though he has had some years out of the list, the most recent Forbes 2020 list of Richest Nigerians in Africa pegs his net worth at $3.1 billion, courtesy of some dexterous business moves over the last couple of years. In 2005 BUA started two flour-milling plants, in Lagos and in Kano. by admin 0 Comments Today, August 4, industrialist extraordinaire, philanthropist and chairman of BUA Group, Abdulsamad Rabiu, clocked 60. He owns a pent house at The one and only hotel in cape town, South Africa and the United States of America. He first attempted the University Matriculation Examination (UME) before taking his West African School Certificate Examination (WASCE). He had most of his early education in Kano and later obtained his Bachelor Degree in Economics from Capital University in Columbus, Ohio. Abdul Samad Rabiu was born on 4 th August, 1960. Print This Article Share it With Friends. The young Tayo worked weekdays and weekends trying to get a hang of the task before him. The older refinery was supplied by Desmet of Belgium and has an installed capacity of 200TPD, while the new refinery, which was commissioned by BUA Oil Mills, was supplied by Alfa Laval with an installed capacity of 500TPD. In 2009, Tayo founded Pagatech as a mobile payments solution focused on digitizing cash amidst new emerging economies. He wanted to help Nigerians pay retailers, make purchases, and pay utility bills without having to handle so much money. After completing the CFA program in 2012, Rasaq Ahmed founded Sart Partners, an investment vehicle to carry out investment management in the alternative assets space that cuts across oil and gas, commodities, real estate, and other informal sectors. This was after a highly competitive bidding process under the Public Enterprise (Privatization and Commercialization) Act No. READ: Paga records over $2 billion worth of transactions in 2019, READ: Pagatech secures exclusive partnership deal with Orange Mall. “Traditionally, everyone attended primary education, and then secondary school, but up to 90 percent of the students combined schooling with some form of other works like manual works or learning a craft,” he explained. The telecom company is considered a major competitor to the giant MTN group, and is still prospecting licenses in other West African countries. He used this license to found Globacom in Nigeria, which has now grown into other African countries like Benin republic, Ghana, and Côte d’Ivoire, with millions of subscribers. On the part of his Edo State counterpart, Governor Godwin Obaseki, Abdul Samad Rabiu is an astute businessman who has blazed the trail and achieved so much success at 60 years. READ: Crypto: Popular Hedge Fund, Grayscale record best quarter ever. Abdulsamad Rabiu Biography. “I got called into my boss’ office and he told me he had to let me go. After his MBA, he worked as Manager Corporate Development with Cisco Systems in San Jose California, where he was responsible for strategy, acquisitions, and private equity investments in a few segments and led Cisco’s investment expansion in Africa with investment opportunities. Notwithstanding, Adenuga fondly attributes his business sense to his mother, who was also a businesswoman. He also sold drinks and lace materials at one time, doing whatever business he could to raise money. Posted on August 4, 2020 August 3, 2020 Author Abdul Samad Rabiu: An industrial mogul at 60 Comments Off on Abdul Samad Rabiu: An industrial mogul at 60 When he was born on that day of August 4, 1960 in the ancient city of Kano, Abdul Samad Rabiu, was a normal child born into the home of famous businessman, the late Khalifa Sheikh Isyaku Rabiu. Schooling was not a smooth ride for Tayo as he had to work his way through, sometimes keeping as much as 5 jobs in order to stay afloat. Reply. Some years later, two flour-milling plants – in Lagos and in Kano – had joined the number. Abdul Samad Rabiu owns properties in Eaton square and Avenue road also known as millionaire’s row. By the end of the 90s, as the nation returned to the democratic dispensation, Adenuga saw another potential in the telecommunication industry and acquired a conditional GSM license from the Federal Government in 1999. The Group also holds a stake in Damnaz Cement Company Ltd which is the Majority Shareholder in Cement Company of Northern Nigeria. The 1999 crisis was the third major crisis in which the family survived unscathed – and it did not seem like they would be lucky enough to survive a fourth. 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In business and philanthropy, Nigerian business mogul, Abdulsamad Rabiu continues to set the pace. Even while working at the call center, Tayo had always thought that he would return to Nigeria at some point to help make it great again. He later left the country and went to live in London for a while until late President Umaru Musa Yar’Adua’s regime granted him a pardon, making it possible for him to return home to Nigeria. He came out with the best WASC results in his school in Ogbomoso, but his UME score was 20 points below the 235 cut-off mark of the University of Ilorin which he had selected for his first and second choice. in Mass Communication from the University of Nigeria, Nsukka, and Delta state university respectively. Abdul Samad, founder and chairman of BUA Group . The following year, he selected Obafemi Awolowo University and was admitted to study Economics. 12:46. For Tayo, founding Pagatech was all about addressing two challenges – the excessive use of cash, and limited financial access in Nigeria. Such innovation was not common at the time, as Nigeria was still very far from toeing the lines of a cashless economy. As a secondary school student at the Army Day secondary school, he would close from school with the rest of his friends, change into casual wears, and resume at the workshop for another kind of learning. He went on to start and invest in several businesses over the years, growing his wealth to become one of the richest men in Africa. Abdul Samad Isyaku Rabiu is a Nigerian businessman. Reply. Country of residence : Unknown. These include the construction of a 7,000-square-meter paediatric ward at the Aminu Kano Teaching Hospital and the construction of the Centre for Islamic Studies at Bayero University Kano amongst several others. He has 42 siblings including Nafiu Rabiu and Rabiu Rabiu, the chairman of IRS Airlines. [8] This was when his father, Isyaku Rabiu, was being detained by the administration of General Muhammadu Buhari for allegedly not paying rice import duties. googletag.pubads().definePassback('/42150330/nairametrics/Nairametrics_incontent_new', [300, 250]).set("page_url", "%%PATTERN:url%%").setClickUrl("%%CLICK_URL_UNESC%%").display(); Get the scoops and market intelligence that can helpyou make better investment decisions right in yourmailbox. I cried right there. According to Forbes 2020, Abdul Samad Rabiu has a net worth of $3.2 billion which ranks him 716th in the list of global billionaires club. 2016: Nigeria's BUA in talks with China's Sinoma over $1.9 billion steel, cement deal: RE. Abdul Samad Rabiu.Abdul Samad Rabiu CON is a Nigerian businessman and the founder and chairman of BUA Group. View Abdul Samad Rabiu’s profile on LinkedIn, the world’s largest professional community. by admin 0 Comments Today, August 4, industrialist extraordinaire, philanthropist and chairman of BUA Group, Abdulsamad Rabiu, clocked 60. Born two months before Nigeria’s independence, on the 4th of August, 1960 in Kano, to one of Northern Nigeria’s top business tycoons, Khalifah Isyaku Rabiu, not many would have guessed that the baby Abdulsamad would someday dwarf his father’s achievements by leaps. Having outperformed his father in business, it does not seem too ambitious to say that the mogul might just get to 120 years. BUA CEMENT: BUA Group possesses a strong capacity in cement manufacturing with 3 major subsidiaries and plants in Northern and Southern Nigeria as well as a 2 million metric tonnes per annum floating terminal serving niche markets. Rabiu’s taste for good living is … Obaseki thanked Rabiu for his continued to support the state’s industrialisation drive as the single largest investor in the state and his immense contribution towards fight against the Coronavirus pandemic. SUBGOLD LIMITED (03045334) Company status According to Forbes as of August 2020, Abdul Samad's net worth was estimated at $3.1 billion. There are lots of opportunities that evade businesses in this country when they do not have the required institutional framework.”. My target was to formalize the informal sector and make them investable options. Though he didn’t throw a party to celebrate the landmark achievement, memories of his philanthropy to mark the event are still fresh on many minds. BUA expanded further into steel, producing billets, importing iron ore, and constructing multiple rolling mills in Nigeria. https://www.nairaland.com/.../meet-nigerian-billionaire-abdulsamad-rabius I don’t have a lot of money but I want to find people who I can make those kinds of investments and bets as well,” he said. BUA Group 670 views. In 2010, Razaq left Meristem for Vetiva Capital Management, where he spent about four months as a Research analyst. Michael Adeniyi Agbolade Ishola Adenuga was born on the 29th of April, 1953 to the family of Oloye Michael Agbolade Adenuga Snr. Abdul Samad is the founder and chairman of BUA Group, a Nigerian conglomerate concentrating on manufacturing, infrastructure and agriculture and producing a […] He is also the chairman of the Nigerian Bank of Industry (BOI). Abdul Samad Isyaku Rabiu CON ( Abdul Samad Rabiu, a graduate of Economics from Capital University in Columbus, Ohio was instrumental to the successes recorded by his father’s business empire as an Executive Director before establishing BUA International Limited in 1988 solely for trading and importation of rice, edible oil, flour, iron and steel. From interacting with post-secondary students who were seeking admission, Rasaq soon came to understand that the subjects they were studying were no different from the subjects he was already studying. August 04. Unlike other self-made billionaires, Abdul Samad Isyaka was born with a silver spoon because his late father, Khalifah Isyaku Rabiu, a millionaire himself, was … Abdul Samad Isyaku Rabiu CON (born 4 August 1960 in Kano, Nigeria) is a Nigerian businessman. He returned at the age of 24 years to oversee the family business, at a turbulent time when his father was being detained by the military administration over allegations of evading rice import duties. In retrospect, he would say, “The expectation was to spend a couple of years learning the skill, and then have the ceremonial freedom, after which you start up in your workshop and become successful. He also had hard times with courses like Semiconductor Chip Design, which he admitted was one of his toughest courses, as he hardly aced it despite his love for the subject. Abdulsamad Rabiu, one of Nigeria’s most successful businessmen, is the founder of BUA Group, a Nigerian conglomerate that has interests in sugar refining, real estate… When Saheed Bashiru moved to another unit, Razaq became Head of the research unit. This was revealed when the Chairman of BUA, Abdul Samad Rabiu led the BUA Cement Management team on a courtesy call to the Adamawa State Governor, Ahmadu Umaru Fintiri in the Government House, Yola. Children: Abdul Samad Rabiu, Alhaji Nafiu, Alhaji Karami: Isyaku Rabiu (October 9, 1925 – May 7, 2018) was a Nigerian businessman and Islamic scholar who founded a major holding company in Kano State.He was a supporter of Ibrahim Niasse's Tijaniyyah brotherhood.. Life. Understandably, there would not be any party because of the raging coronavirus pandemic. This was the turning point in Rasaq’s life. In 2018, he was decorated with the insignia of a Commander of the Legion of Honor by President Emmanuel Macron of France. Every successful person in the community around whom we could identify with seemed to have toed that path, so this was what shaped our thinking at the time and defined our idea of success.”. “We were all indoors hoping and praying that something magical would happen because we had seen other people being killed, and we were conscious of the fact that it could be our last day. Abdul Samad, founder and chairman of BUA Group Abdul Samad has 1 job listed on their profile. Abdul Samad Rabiu owns properties in Eaton square and Avenue road also known as millionaire’s row. The idea, Razaq explains, is to let savings become a lifestyle, you save while living your normal life. This was revealed when the Chairman of BUA, Abdul Samad Rabiu led the BUA Cement Management team on a courtesy call to the Adamawa State Governor, Ahmadu Umaru Fintiri in the Government House, Yola. READ MORE: Aliko Dangote donates mobile COVID-19 testing lab to Kano State. Razaq recalled that the community in which he spent the first 14 years of his life had an unusual perception of education. A far cry from the company’s humble beginnings. Obaseki thanked Rabiu for his continued to support the state’s industrialisation drive as the single largest investor in the state and his immense contribution towards fight against the Coronavirus pandemic. Rabiu rattles out the value chain from iron ore to finished steel in a heartbeat. Over the years, the duo have become synonymous with cement in Nigeria, with both leading several innovative moves in the industry. Then the fabricated chip comes back and it doesn’t work. Abdul Samad Isyaku Rabiu was born on the 4 th of August 1960 in Kano state. He has received several recognitions including the African Entrepreneur of The Year at ATA in August 2007, Grand Commander Of The Order of Niger (GCON) in 2012, Companion of the Star of Ghana (CSG) in 2018, and was listed among the 100 distinguished and Eminent Nigerians Centenary Awards in 2018, amongst others. The job offer came before the National Youth Service year, so Razaq served out the year at Meristem Securities as a Research Analyst. The company was only recently merged with his privately owned Obu Cement company to create a new entity, BUA Cement Plc. Responding, Governor Okowa described the Executive Chairman of BUA Group, Abdul Samad Rabiu, as a true philanthropist, adding that the donation was timely to … Public asset : 3,252,773,281 USD. Abdul Samad Rabiu uses the BUA Foundation for his philanthropic activities. At age 14, the family had their life disrupted by the Hausa-Yoruba crisis which rocked the country in 1999. AbdulSamad Isyaku Rabiu Age. Rabiu’s sterling contributions and achievements are not lost on many, and he has received several recognition and awards including the 2016 Industrialist of the year award at the All Africa Business Leaders Award (AABLA) organised by CNBC Africa, Silverbird Extraordinary Business Achievement Award, and the prestigious Commander of the Order of the Niger (CON) award. Razaq and his siblings started their early education there. Abdul Samad had his early education in his hometown before he proceeded to the United States of America to study Economics at Capital University in Columbus, Ohio. He is also a recipient of several awards, as in 2011 he was honoured as Commander of the order of the Niger (CON) one of the most prestigious honours in Nigeria. For the first time in his life, Rasaq started seeing undergraduate students and admission seekers, who talked about lectures, examinations, and careers after school. Fate, however, had other plans. “When I look at my journey so far, I realize that we are here sitting on the back of 34 people and 6 institutions who took a bet on us on. The young Rabiu would not be deterred but went on to weather through the challenges of the dwindling business and earn his own spot in the then uncertain business climate. Over the years, the duo have become synonymous with cement in Nigeria, with both leading several innovative moves in the industry. By 2008, BUA had broken an eight-year monopoly in the Nigerian sugar industry by commissioning the second-largest sugar refinery in sub-Saharan Africa. It was reported in the news that his company Conoil had failed to pay debts owed to multiple creditors including the French oil giant, Total. Abdul Samad is a Nigerian businessman, founder, and chairman of the Nigerian conglomerate BUA. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. Abdulsamad Rabiu is one of the richest people in Nigeria and Africa. In June 2016, it came to the limelight that Mike Adenuga was being pursued for a combined debt of over $140.5 million by two foreign and one local company. He is a business magnate and the founder & chairman of BUA group, a Nigerian conglomerate focused on manufacturing, infrastructure and agriculture. Abdul Samad RABIU. The Group's plants have the capacity to Provides various grades of cement as required in the local Nigeria markets and meet the highest standard of cement manufacturing. [13], 2. Abdul Samad is a Nigerian businessman, founder, and chairman of the Nigerian conglomerate BUA. The industrialist was ranked by Forbes as one of the richest men in the world in 2016 with a net worth of $1.1 billion. Some of them stayed on to work with Paga when we could afford to pay them at market rates,” he recalled. Nigeria has untouched iron ore deposits in Kogi State, and he is waiting for a concession from the government on gas prices before building a 350km pipeline from Delta State to Kogi in order to build a power station. Having caused the company to spend so much for nothing, he was fired from the job. On the part of his Edo State counterpart, Governor Godwin Obaseki, Abdul Samad Rabiu is an astute businessman who has blazed the trail and achieved so much success at 60 years. His late father, Khalifah Isyaku Rabiu, was one of Nigeria's foremost industrialists in the 1970s and 1980s.Abdul Samad is the founder and chairman of BUA Group, a Nigerian conglomerate concentrating on manufacturing, infrastructure and agriculture and producing a revenue in excess of $2.5 billion. The industrialist was ranked by Forbes as one of the richest men in the world in 2016 with a net worth of $1.1 billion. Two years later, Rabiu had a major break when BUA was contracted to supply the government-owned Delta Steel Company with raw materials in exchange for finished iron products. His father, late Khalifah Isyaku Rabiu was one of Nigeria’s foremost industrialist in the northern states of Nigeria in the 1970’s and 1980’s. Mai Mala Buni has described Abdul Samad Rabiu as a “philanthropist, successful businessman and a bridge builder” whose positive impact in the lives of the people is worthy of emulation. He owns stakes in different companies in Nigeria including Stanbic IBTC Bank and Sterling Bank. 2016: Nigeria's Kaduna refinery expected to resume by mid-April - NNPC: RE. On the part of his Edo State counterpart, Governor Godwin Obaseki, Abdul Samad Rabiu is an astute businessman who has blazed the trail and achieved so much success at 60 years. “I was also creative in terms of how I spent the money. “The idea of cowrywise came in when we had a lot of people come asking ‘how do I invest 1000 naira and small amounts like 50,000 naira. Our focus for this week’s profile is Tayo Oviosu, founder and CEO of notable payment solutions provider, Pagatech. President Muhammadu Buhari has extended his warm greetings to the Founder/Chairman of one of Africa’s leading conglomerates, BUA Group, Abdul Samad Rabiu, on … Razaq Ahmed, Co-founder and CEO of CowryWise, is no small fish in the fintech space – an industry that is fast growing to compete with the banking industry. [12], 1. These include the construction of a 7,000-square-meter paediatric ward at the Aminu Kano Teaching Hospital and the construction of the Centre for Islamic Studies at Bayero University Kano amongst several others. He is is the founder and chairman of BUA Group, a Nigerian conglomerate concentrating on manufacturing, infrastructure and agriculture. He had most of his early education in Kano and later obtained his Bachelor Degree in Economics from Capital University in Columbus, Ohio. “A lot of companies need to be formalized, so they become investable and provide liquidity option for investors. Some years later, Abdulsamad had repeatedly proven that he had a Midas touch in business, acquiring the largest edible oil processing company in Nigeria – Nigerian Oil Mills Limited. He has dreams of dual-listing Paga on the NSE and NASDAQ in the nearest future. While working at the SPDC, he also took a professional course to become an Energy Risk Professional (ERP). A far cry from the company’s humble beginnings. Sign in / Register; Search for a company or officer Search. It was reported that some of the creditors had been hit so hard by the huge debts, that they had to shut down some of their operations. With this windfall, the company expanded its steel operations, producing billets, importing iron ore, and constructing multiple rolling mills in Nigeria. Abdulsamad Rabiu, is the billionaire (net worth $1.2 billion) chairman and CEO of BUA Group, a ... Rabiu owns property in Britain worth $62 million, and in South Africa, worth $19 million. READ: CBN grants Greenwich Trust Limited operational license for merchant banking. Abdul Samad Isyaku Rabiu was born on the 4 th of August 1960 in Kano state. Obaseki thanked Rabiu for his continued to support the state’s industrialisation drive as the single largest investor in the state and his immense contribution towards fight against the Coronavirus pandemic. [10], In 1990, the government, which owned Delta Steel Company, contracted with BUA to supply its raw materials in exchange for finished products. Prior to her role as analyst at Nairametrics, she had a progressive six year writing career. READ: Scaling in Nigeria’s fashion industry is tough work – Ugo Monye. I had tested this thing numerous times in the lab; I was confident it was going to work. This marked his introduction into Investment banking, as he was saddled with responsibilities which helped him build capacity. Pagatech reached its first 1 million users within 2 years and since then, the number of its users has grown into tens of millions processing billions of dollars in transactions. In the subsequent months, he survived on the unemployment benefits he collected from the state of California, before getting a job in a mail-room and then a call center.

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