SEPLAT made history as Nigerias first indigenous oil and gas company to list on the London Stock Exchange, and its dual-listing on both the Nigerian and London exchanges valued it at $1.91 billion. He was involved in the Nigerian coup in July 1966. Abdulsamad Rabiu was named Africas newest billionaire in Forbes November 2013 issue. "This money is put into offshore accounts, or even western countries, western banks. In 2017, he appeared on BusinessDay Newspapers list of 50 Most Influential Nigerians. Honeywell group, where he serves as the boards chairman, is a business conglomerate with operations stretching across oil and gas, flour milling, real estate, and marine transportation. He is among the top richest men in Nigeria, thanks to various investments, including a controlling interest in Transcorp, Nigerias largest publicly traded conglomerate, a significant stake in the United Bank for Africa, and an extensive portfolio of real estate across Nigeria, among other assets. On "third base," with inherited wealth over $50 million, sit 7 percent of America's 400 richest. Image credit Sunday Alamba via The Commonwealth Flickr CC. chairman new telegraph, List of Nigerian billionaires by net worth, Last edited on 25 February 2023, at 23:01, List of countries by the number of billionaires, "GIANT IN THE TROPIC OF AFRICA: Arthur Eze", https://en.wikipedia.org/w/index.php?title=List_of_Nigerian_billionaires_by_net_worth&oldid=1141613045, cement production, sugar refining and real estate, Chairman slok holding chairman daily sun chairman first international bank limited chairman new telegraph, Sugar, flour, cement, household consumables, Chairman Slok holding, Chairman daily sun, Chairman First International Bank Limited, Chairman New Telegraph, This page was last edited on 25 February 2023, at 23:01. The 95-year-old has also donated heavily to longevity research and vows to live until he is 125. He started with only $35 which he had received as a loan from his mother. Folorunso Alakija made headlines a few years ago when she unseated Oprah Winfrey to become the richest black woman in the world. Always an avid sports fan, in 2000 Bisciotti bought 49% ownership of the Baltimore Ravens. Mike Adenuga ranked 2nd in the list of richest men in Nigeria. Dangote has investments in Nigeria as well as countries like Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania and Zambia. Oba Otudeko has investments spread across different sectors which include oil and gas, trading, financial services, real estate and marine transportation. Most notable among the numerous philanthropic gestures of the billionaire oil mogul is his N200million donation to the State Security Trust Fund in 2007 in an attempt to ensure a crime-free Lagos. Ive seen it myself. Mohammed Indimi has made a decent part of his $500 million net worth from oil. The Dangote Group is a major force in the sugar and cement market in Nigeria and Africa. Billionaires and millionaires in the US include people from all over the world. Currently, He is the chairman of the multi-billion naira company, which has become Nigerias leading food, manufacturing, mining, and infrastructural conglomerate. He has held the first position on the list in the last twelve years. In this article, weve taken a look at the list of the richest men in Nigeria and have combined that with information from other major sources to come up with a more comprehensive list. His company contributes to improving the nations economy and has provided jobs to thousands within its circle. He worked as a bartender and even sold blood throughout college. His father, Khalifah Isyaku Rabiu was a prominent industrialist in the 70s and 80s. He is the founder of the 2nd largest cellular phone company in Nigeria, Globacom. Mike Adenuga had his primary and secondary education in Nigeria before proceeding to the United States to study Business Administration. She's 31, she has five children born by the "billionaire" kidnapper, and she has been by his side since the age of 17. He co-founded Inditex, best known for its Zara fashion chain, which he started in 1975. The Governor of Ebonyi State, Dr. Umahi, named a major road after Arthur Eze. Here's the complete list of the richest entrepreneurs in Nigeria. HOW THE BILLIONAIRE SON TREATED ME BECAUSE AM FROM A POOR HOME (New Hit movies)Latest Nigerian MovieEXCEL NOLLYTV Channel on YouTube is your best plug for ex. Open Bank Account Best Banks 2023 Pinault eventually dropped out, yet this didnt affect his business smarts. Apart from her wealth, Folorunso Alakija is known for her philanthropic activities. He is reportedly worth over $400 million. 2013- Honorary Doctorate of Humane Letters from Lynn University, Florida, 2017- Honorary Doctorate in Business Adm. from University of Uyo, 2018- Honorary Doctorate in Mgt Science from Nigeria Defense Academy. In 1997, Koum was hired by Yahoo! As for Ortega, he is notoriously private, rarely gives interviews and, unlike fellow billionaires, is known for maintaining a simple lifestyle. from Oxford University in England. The company was founded in 1991. In 2005 he sold the oil company for $13bn (10.15bn). His other assets include minority stakes in Nigerias Access Bank and mobile phone carrier MTN Nigeria. He is the son of Billionaire and industrialist, Taiwo Afolabi. Here are some of the unbelievable revelations in the book: 3. The Nigerian oilman sits atop Atlas Oranto Petroleum, a West African exploration company which owns several producing and non-producing oil and gas assets across Nigeria . After a stint in the army and as a journalist, he became an entrepreneur and had various businesses, selling toiletry kits and running a charter tours business. This group is one of the largest conglomerates in Nigeria with interests in Agriculture, Food processing, Maritime, Real Estate and the Transport industry. Alas, the optimism fizzled out faster than the W She is the daughter of Billionaire oil mogul, Femi Otedola and a granddaughter of Late Sir Michael Otedola, a former governor of Lagos state. Murdock, who is dyslexic, dropped out of high school in the ninth grade and worked at a gas station before being drafted into the Army in 1943. In March 2018 Li announced plans to retire as chairman of CK Hutchison Holdings and CK Asset Holdings and his son Victor will take over the conglomerate, which now has 323,000 employees and operates in more than 50 nations. Who Was Julius Agwus Wife and What Happened to His Marriage? Born in Lexington, Oklahoma in 1945, Hamm was the youngest of 13 children. Otedola has 3 daughters, two of which are well known in the entertainment circles. He is the chairman of the Yinka Folawiyo Group, a large conglomerate with interest in energy, agriculture, shipping and real estate. She also has investments in real estate which is said to be worth over $100 million. This gave him the drive to start his own company, Cheung Kong Industries, which manufactured plastics. In addition, Ovia owns numerous properties all over Nigeria. In 1990, his company which was then known as Consolidated Oil received a drilling licence and in 1991 they struck oil. There are 22 billionaires in Africa, 305 centi-millionaires (at least $100 million) and 6,700 multi-millionaires (at least $10 million). John Edozien is the chairman of a couple of companies which includes Jenkyns Consult Nigeria Limited and Mercedes Benz Automobile services Limited. His business interests spread both locally as well as internationally. Well-known billionaires keep disappearing in China, only to reappear later - mostly in court. His mother Frieda was an artist, his father Frank was a house painter and money was tight. Nigeria The combined wealth of Nigeria's five richest men - $29.9 billion - could end extreme poverty in that country according to a new report published by Oxfam today. Nigerian billionaire Abdul Samad Rabiu says it's time for African countries to work together to create a food value chain across the continent, and produce more goods for domestic consumption. Que Peller is a musician and magician signed to Aquila records. Lovemoney.com limited is a registered company in England & Wales.Company REG NO: 7406028 VAT NO: 945 6954 72. Jim Ovia is also the chairman of the Nigerian Software Development Initiative (NSDI), Cyberspace Network Limited and the National Information Technology Advisory Council (NITAC). Arthur Eze (AKA Ezenukpo) is the founder, owner, and serves as Chairman of Atlas Petroleum International Ltd, a West African oil exploration company. Who Is Maureen Esisi, Blossom Chukwujekwus Ex-wife? Nigeria: 1.0 Billion: Foods 2014. Jim Ovia is the man behind the success story of one of Nigerias top banks, Zenith Bank. His sojourn in business started when he successful ran the familys printing business in the 1980s. Having amassed a net worth of $3.7 billion, Cletus M. Ibeto holds his own as one of the richest men in Nigeria. Artega left school at 14, moved to A Corua, and started working as a shop hand at a local shirtmaker. It aims at bringing sustainable development to Nigeria and Africa at large by empowering individuals and institutions. He is also the chairman of Standard Alliance Insurance, Verticom Wireless, STB capital markets, Flame Petroleum and Gas Limited. The company has grown over the years to become a conglomerate worth over $2.5 billion with interests in manufacturing, infrastructure and agriculture. Luxottica eventually went on to become the worlds largest maker of sunglasses, owning Sunglass Hut, LensCrafters, Ray-Ban and Oakley and making glasses for virtually every brand, including Bulgari, Chanel and Armani. Nigerians' anger and frustration are deservedly directed to their government. He is the founder and CEO of Interactive Brokers, a leading securities firm boasting over $6 billion (4.7bn) in equity capital. Poor countries get poorer, and rich countries get richer. Danjuma studied at the Ahmadu Bello University in Zaria which was then known as the Nigerian College of Art, Science and Technology. He is not only the richest man in Nigeria but Forbes #1 African Billionaire 2023 and The Richest Black Billionaire in the world. Chrome Group is a leading multi-million dollar conglomerate with interests in oil and gas, insurance, power, broadcasting, logistics, and telecommunications. She got a job at a fish and chip shop to stay afloat. As we shall see, most of the winners of the BBNaija show came from humble backgrounds (as their fellow housemates) and this is not a coincidence since 40% of Nigerians (83 million people) are below the poverty level as at 2019/2020 (Nigeria Bureau of . You come up against an obstacle and you have to find a way of moving forward. Currently, he is the chairman of SAPETRO (South Atlantic Petroleum), a Nigerian upstream oil and gas exploration and production company. He subsequently ventured into politics, serving as a Minister of Defense under President Olusegun Obasanjo. Nigeria has, over time, proven to be richly blessed with highly intellectual individuals who, through hard work, creativity, and resilience, have dedicated themselves to the countrys economic growth. He may have worked with world leaders, but now Nigerian billionaire investor Tony Elumelu is focusing on those yet to turn their business dream into reality. Please try again later. Atlas Oranto Petroleum owns equity and working interests in several acreages across the Gulf of Guinea; this includes countries like Nigeria, Ivory Coast, Sierra Leone, Liberia, Ghana, Mali, Senegal, Equatorial Guinea, Gambia, and the Republic of Benin. He made most of his money from phone company Excel Communications, which he founded in 1988 and took public in 1996. The richest region in Nigeria is the southeast region because they have the highest GDP per capita, also they have far less youth unemployment in Nigeria despite being marginalised. Jimoh Ibrahim is a politician, lawyer, businessman, and philanthropist with a net worth of $1.1 billion. Iwant to be like DANGOTE, please connect me with ALIKO DANGOTE. Nigerians Drag Davido On Twitter For Liking Video Accusing Labour Party Of Rigging Election, I wan send d boy 1m Davido Promises To Gift Keke Rider One Million Naira For Flooding Tricycle With His Pictures (Video), Shege Don Tire Me, I Am Voting For A New Nigeria Falz, Nigeria Albums To Be Released In 2023 [Pt.1], Your email address will not be published. He sits or has sat on boards of prestigious firms, including Fan Milk Plc, Airtel Nigeria, Honeywell Group, First Bank of Nigeria, Eco Bank, and Guinness Nigeria Plc. The bank has branches in Ghana, South Africa, Sierra Leone, Gambia, and The UK. Orjiakor also operates other ventures in construction, real estate, pharmaceuticals, and shipping and holds several positions and stakes in various companies. He is also leading the way by a building a major refinery in the country that will eliminate the countrys dependence on oil importation. Diego Armando Maradona Maradona was among the rags to riches football stars . Dangote is the founder, chairman, and CEO of Dangote Group, a group of companies with interests in the fields of mining, petroleum, steel, and cement. Pinault and his family own a 3,000-piece art collection, with works by Picasso, Mondrian and Koons, auction house Christie's, several vineyards, a French soccer club, a theatre in Paris and a luxury yacht and expedition company. Not too long after their company took off, Mitchell died of cancer and DeJoria took over. (See the Top 10), 5 Richest Oil Producing States in Nigeria, Private Jets in Nigeria & Their Owners 2023, Richest Musicians in the World: 2023 Top 10, 10 Richest Kings in Nigeria & Their Net Worths (2023), 10 Richest Female Artistes in Nigeria & Net Worth. Globally, he ranks at 344 among Forbes real-time billionaires list as at 1st June 2020. He heads a worldwide group of companies whose scope of activities remains diverse and includes Construction, banking, importation, sales, and services of motor vehicles and Oil. We have listed the current 10 richest Igbo men in Nigeria today. Igho has been involved in telecommunications, shipping, aviation, engineering, construction and real estate investments. Born on the 10th of April 1957, Aliko Dangote is the owner of the 'Dangote Group,' the largest cement and sugar producer in Africa. He was the first person in his family to attend college. He also donated N80 million to the faculty of Agriculture at the University of Port-Harcourt. Adenuga also owns stakes in various companies in Nigeria and beyond, including Sterling Bank and Stanbic IBTC Bank. Cletus is the head of the Ibeto Group. According to the recently released Forbes list in 2017, Mike Adenugas net worth is estimated at $5.8 billion and he is the third richest person in Africa. His father, Kuru Danjuma was a peasant farmer and metal trader. Mike Adenuga carries out his kind and humanitarian gestures through his foundation, Mike Adenuga Foundation. But the founder of the preppy all-American clothing empire grew up in less than comfortable surroundings. When World War II broke out, Lowys family moved to Hungary to avoid being arrested by the Nazis. This is where he learnt to make clothes by hand. (South East Nigeria and South West Nigeria will be competing with each other in this). Cheung Kong Plastics, named after the Yangtze River, was started with $6,500 in savings and loans from relatives, but he eventually moved into real estate. Theophilus Danjuma amassed his mouth-watering fortune from shipping and petroleum. Taaooma Biography: How Old is She and What is Her Net Worth? Do Won worked three jobs simultaneously in a coffee shop, as a gas station attendant and a janitor to support his family. He was born Ayoola Otudeko and he trained as an accountant at the Leeds College of Commerce in the United Kingdom which is now the Leeds Beckett University. 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