Top Ten Richest Men in Nigeria

money richest nigeria forbes dangote otedola folawiyo danjuma ovia adenuga orji otudeko

Nigeria is the most populated country in Africa and has continued to maintain her status as Africa`s largest economy. The country has produced some of the richest people in the continent and the world. Suffice to say, we all know that the richest black man in the world is a Nigerian. In addition, the former richest black woman in the world is also a Nigerian. Here is a list of the richest men in Nigeria.

1. Aliko Dangote

money richest nigeria forbes dangote otedola folawiyo danjuma ovia adenuga orji otudeko

This goes without saying really. Aliko Dangote was born in Kano state, Nigeria and he studied business studies at the University of Cairo. He is the chair and CEO of Dangote group of companies. The company is into mining, petroleum, cement, and steel. He has investments in Nigeria, Togo, Tanzania, Senegal, Cameroon, Ghana, Zambia, Ethiopia, Benin, and South Africa. Dangote is the richest man in Nigeria and Africa but is ranked 67TH in the world. He is currently worth over 21.6 billion dollars.

2. Mike Adenuga

money richest nigeria forbes dangote otedola folawiyo danjuma ovia adenuga orji otudeko

Mike Adenuga is the second richest man in Nigeria. Born on the 29th of April 1953, the billionaire businessman accumulated his wealth from the telecommunications sector and oil industry. He is the owner of Globacom and Conoil. According to Forbes 2017, he is worth over 6.1 billion dollars.

3. Femi Otedola

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Femi Otedola made his fortune from a variety of business ventures. He was born on October 4, 1962, and is the son of the former governor of Lagos State. He is a shareholder of Forte oil with a 78% stake. The business mogul is also into real estate, shipping, and finance. He is a successful business person and a philanthropist and is currently worth over 1.61 billion dollars.

4. Theophilus Danjuma

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Theophilus Danjuma was a soldier in the Nigerian army before he later retired as a general. He was born the on 9th of December 1938 in Taraba state. Mr. Danjuma is currently the chairman of South Atlantic Petroleum (SAPETRO), a Nigerian upstream oil and gas company. He is currently worth over 1.8 billion dollars.

5. Abdulsamad Rabiu

money richest nigeria forbes dangote otedola folawiyo danjuma ovia adenuga orji otudeko

Abdulsamad Rabiu was named by Forbes as Africa`s newest billionaire in Forbes November issue 2013. He is currently the chairman of the Nigerian bank of Industry. According to venture Africa, he is worth over 1.5 billion dollars.

6. Tony Elumelu

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Tony Elumelu is the CEO and group managing director of United Bank of Africa, he was born in 1964. He is a director at standard global services limited. Tony Elumelu is also the chairman of standard alliance insurance, Vericom wireless, STB capital markets, and flame petroleum and gas limited. His net worth is over 1.4 billion dollars.

7. Orji Uzor Kalu

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Orji Uzor Kalu is the chairman of daily sun and new telegraph newspaper, and SLOK holding in Nigeria. He is the former governor of Abia state and 7th richest person in Nigeria. According to Forbes, his net worth is 1.1 billion dollars.

8. Jim Ovia

money richest nigeria forbes dangote otedola folawiyo danjuma ovia adenuga orji otudeko

Jim Ovia is the owner of Zenith Bank and Visafone. In 2014, Forbes ranked him as 30th  richest person in Africa. His net worth is currently 1 billion dollars.

9. Tunde Folawiyo

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Tunde Folawiyo, son of Wahab Folawiyo currently heads MTN and the Yinka Folawiyo group. He took over from his late father in 2008. His estimated worth is around 650 million dollars.

10. Oba Otudeko

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He is the founder of the Honeywell group and the chairman of FBN holding plc. His estimated worth is 650 million dollars.

 

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Author: BF

I’m a light sleeper, but a heavy dreamer. They asked me to start writing down my thoughts, are you ready to read them?

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