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. Mike Adenuga ranked 2nd in the list of richest men in Nigeria. SEOF has made a significant impact in the lives of numerous Nigerians through its projects and programs such as Youth Empowerment Programme, Health Service Programme, Infrastructure Development Programme, Widows Cooperative Programme, and Education Programme. Roman Abramovich is known across the globe as a multi-billionaire with stakes in Evraz, Norilsk Nickel, and the UK's Chelsea soccer team. Thanks to his net worth of $2.7 billion, Benedict Peters makes it to the list of the richest men in Nigeria. He is also the chairman of FBN Holding Plc. Blacks shall become Presidents in White Nations, especially in Europe. Orji Uzor Kalu is the chairman of SLOK Holding, the Daily Sun, and New Telegraph newspapers in Nigeria, and served as the governor of Abia State, Nigeria, from May 29, 1999, to May 29, 2007. Meet Helen Pauls Husband Femi Bamisile and Children. He is the only son of Chief John D. Edozie, a former deputy governor of defunct Bendel State. Additionally, he is a member of the Honorary International Investor Council as well as the Digital Bridge Institute (DBI). Am I not the richest guy in Africa, this is not fair, I want start business with my boss Alh. Self-made investor Ken Langone is now worth $3.6 billion (2.8bn). Xin went on to study at both Sussex and Cambridge universities before landing a job at Goldman Sachs, where she worked in floating Chinese factories on the public stock exchange. He is the richest man in Nigeria and Africa. He has a nonprofit organization, Jim Ovia Foundation, that invests in the Nigerian youth, providing them with university scholarships and ICT empowerment skills. Orjiakor also operates other ventures in construction, real estate, pharmaceuticals, and shipping and holds several positions and stakes in various companies. Bola Tinubu Biography: Life Story and Age Accomplishments of Asiwaju of Lagos State, How To Use GTBank Whatsapp Number, Live Chat and Customer Care Email Address, A Look At Arthur Ezes Net Worth, Mansion and Private Jet, Who Is the Richest Man In Anambra State? Her love for students has seen her sponsor many Nigerian students through the Agbami Medical and Engineering Scholarship Scheme and the Folorunso Alakija Scholarship Scheme. The Harvard-trained businessman is also involved in humanitarian works focused on education and healthcare services. Super Eagles winger, Simon Moses was in action as Nantes book a place in the next round of the Coup de France after defeating Lens 2-1 on Wednesday. Their net worth totals $161.7bn, up 12.4% from $143.8bn on Ventures Africa's first list in 2013. Last but not least, the "born on home plate" crowd. Fashion designer Ralph Lauren has an estimated wealth of $6.2 billion (4.9bn) and comes in at number 281 on the Forbes Billionaires List of 2018, making him one of the richest clothing moguls on the planet. Some of the world's wealthiest entrepreneurs were born dirt poor. He is the younger brother to Shina Peller, an entrepreneur, industrialist and politician. 1. With his partner he created the world's leading scaffolding company. One of them, Florence Otedola popularly called DJ Cuppy is a DJ and music producer. Billionaires and millionaires in the US include people from all over the world. Born in Lexington, Oklahoma in 1945, Hamm was the youngest of 13 children. He also owns the world's third-largest yacht (which he. She is the daughter of Billionaire oil mogul, Femi Otedola and a granddaughter of Late Sir Michael Otedola, a former governor of Lagos state. Nigeria had three of the nineteen African billionaires who also occupied the first ten positions on the Forbes Africa billionaires list. He is alumnus of Harvard Business School and is well known to have introduced many innovations to the banking industry. Eventually, he established the SLOK Holding which is conglomerate comprising Ojialex Furniture Company, SLOK Nigeria Limited, SLOK United Kingdom Limited, Adamawa Publishers Limited, SLOK Vegetable Oil, Aba, SLOK Paper Factory, Aba, SLOK United States Incorporated, SLOK Ghana, Togo, Cotonou, Guinea, South Africa, Liberia, Botswana, SLOK Korea, Supreme Oil Limited, SLOK Airlines, Sun Publishing Limited, and First International Bank Limited. The best Aircrafts will be produced in Africa. According to Forbes, he is worth $1.1 billion. He didnt go to college. DeJoria doesnt measure his success in terms of dollars though, his wealth makes him "feel really good to be financially blessed and give back.". Most Nigerian artists introduce themselves to the scene about their backgrounds. The son of a single mother who worked as a bartender, Troutt grew up in public housing in Mount Vernon, Illinois. She has a large number of A-lister friends and an impressive number of mansions. Your email address will not be published. When Jan Koum moved to California from the Ukraine as a teen his family struggled to stay above the poverty line. In 1993, he started Interactive Brokers and the company was so successful Peterffy became known as the father of digital trading. The foundation sponsored the construction of the paediatric ward at the Aminu Kano Teaching Hospital. Tunde Folawiyo is a Nigerian businessman and the managing director of Yinka Folawiyo Group, a conglomerate founded by his father, Wahab Folawiyo, with interests in oil and gas, agriculture, shipping, real estate, and engineering. Image credit Sunday Alamba via The Commonwealth Flickr CC. Aliko Dangote is currently worth over $12.5 billion. The business soon become something of an empire, its Polo line and fragrances selling millions worldwide and Ralph Lauren became one of the fashion world's most recognisable brands. 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. With at least 36 oil acreage, it is the largest holder of oil exploration blocks in Africa. Kering now owns fashion brands Saint Laurent, Alexander McQueen and Stella McCartney, to name a few. Tayo Aina 547K subscribers Subscribe 1.9M views 1 year ago LAGOS Meet the Nigerian Billionaire who started from Nothing is another. He is the founder of Zenith bank, the second-largest company in Nigeria. Please try again later. Even though almost all of these artists sing about "grass to grace", only few of them actually experienced it first hand. Hakeem Belo-Osagie also holds an M.A. He is also the founder of the Tony Elumelu Foundation which has empowered thousands of entrepreneurs across Africa. Tony Elumelu is the Chief executive officer and Group managing director of the United Bank of Africa (UBA). 11. The Nigerian billionaire businessman amassed his wealth from the telecommunications sector and oil industry. Born in 1933, Adelson grew up in Dorchester, a notoriously rough part of Boston. In 1998, Troutt sold Excel Communications to Teleglobe in a $3.5 billion (2.7bn) deal and reinvested the profits in stocks, bonds and horses. His mother Frieda was an artist, his father Frank was a house painter and money was tight. The company was founded in 1991. Jimoh Ibrahim is a politician, lawyer, businessman, and philanthropist with a net worth of $1.1 billion. But nothing was handed to Xin on a plate. Slok is a $2.5 billion (annual revenues) West African conglomerate with interests in shipping, banking, oil trading, manufacturing, and the media. Thank you! As one of the most outstanding entrepreneurs in Africa, he also sits on many boards. He is the founder and CEO of Interactive Brokers, a leading securities firm boasting over $6 billion (4.7bn) in equity capital. ADVERTISEMENT. The Nigerian oil mogul is a humanitarian whose philanthropic gestures can never be forgotten in a while. The company has grown over the years to become a conglomerate worth over $2.5 billion with interests in manufacturing, infrastructure and agriculture. People shall go to Space (the Moon and other Planets) from their houses in Africa. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Nigerian artistes gave us some amazing songs in the month of February 2023, these are the top 10 Nigerian songs Burna Boys latest album Love, Damini overtakes Wizkids Made In Lagos (Deluxe) on Spotify. Tony Elumelu serves as an advisor to the USAIDS Private Capital Group for Africa (PCGA) Partners Forum. One day, Lowys father Hugo disappeared; Lowy would later find out that he had been taken to Auschwitz and killed. He is the founder and vice chairman of Aiteo Group, one of the biggest petroleum industries in the country. Chinese billionaire businesswoman Zhang Xin has an estimated worth of $3.6 billion (2.8bn) and has been called the woman who built Beijing due to her groundbreaking career in property. Tragedy struck when Bisciottis father died of leukemia when Stephen was eight, leaving Patricia to raise three kids on her own. The 95-year-old has also donated heavily to longevity research and vows to live until he is 125. He is not only the richest man in Nigeria but Forbes #1 African Billionaire 2023 and The Richest Black Billionaire in the world. His parents were cotton shareholders and the family were so poor that they had no indoor plumbing or electricity. He recently invested in power generation as part of the liberalisation of the sector in Nigeria. 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. The BUA Group has the second largest sugar refinery in the country. 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. Most of their Diasporas are engage in b Aiteo Groups main business target is exploration and production, refining petroleum products, bulk petroleum storage, trading, power generation, marketing, and distribution. He also serves a Co-Chair of the Aspen Institute Dialogue Series on Global Food Security. He eventually won a scholarship to study in France despite speaking no French and having very little money. 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. His wealth comes from investments and entrepreneurship. Top footballers that grew up in the ghetto and have become billionaires out of their humble backgrounds Let's see how a difficult childhood has helped these players transform to the soccer gods on the pitch. Many of the worlds richest people came from humble backgrounds to become billionaires, with childhood poverty, war and other issues driving them on to succeed. Arthur Eze. Currently, he is the chairman of SAPETRO (South Atlantic Petroleum), a Nigerian upstream oil and gas exploration and production company. Mike Adenuga had his primary and secondary education in Nigeria before proceeding to the United States to study Business Administration. chairman first international bank limited 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 . In 2015, the Board of Leadership Newspapers named him Businessperson of the Year. In 1984, the Changs started the business in a 900-square-foot store in Los Angeles thanks to a mere $11,000 in savings. Buzznigeria.com copyright 2021. As for Ortega, he is notoriously private, rarely gives interviews and, unlike fellow billionaires, is known for maintaining a simple lifestyle. John Paul DeJoria has a net worth of $2.5 billion (1.95bn). He is reportedly worth over $400 million. In 1988, he purchased about 51% of the United Bank of Africa from the Nigerian government but eventually sold it in 2004 after he resigned from the bank for roughly $120 million. Elections in Africa's largest democracy: government candidate takes the lead in Nigeria 2023-02-28T08:28:30.564Z. The study looks at the economic and social backgrounds of the winners of the BBNaija show in order to show that they were average Nigerians. Russian business tycoon Roman Abramovich is worth $11.3 billion (8.81bn). Not too long after their company took off, Mitchell died of cancer and DeJoria took over. He is the founder of the 2nd largest cellular phone company in Nigeria, Globacom. Poor countries get poorer, and rich countries get richer. David Adedeji Adeleke, popularly known as Davido is singer and songwriter. Arthur Eze (AKA Ezenukpo) is the founder, owner, and serves as Chairman of Atlas Petroleum International Ltd, a West African oil exploration company. His father was a taxi driver and his mother ran a knitting group. Oba Otudeko has investments spread across different sectors which include oil and gas, trading, financial services, real estate and marine transportation. Born on the 29th of April, 1953, Mike Adenuga is the second richest Nigeria thanks to his investments in the telecommunications giant Globacom and Conoil. To date, the company has developed over 60 million square feet of land. He is the chairman of the Yinka Folawiyo Group, a large conglomerate with interest in energy, agriculture, shipping and real estate. Sheldon Adelson is at number 21 on the Forbes Billionaires List 2018 with a fortune of $38.5 billion (30.2bn). Aliko Dangote is also notable for giving back to society and donating to charity works. Tonye Rex Idaminabo is a perspective lawyer in Nigeria. Read more about Larry Ellison's astonishing life, Once Ortega had gained enough experience, he and his wife launched a textile manufacturing company then, later on, the Zara brand. In 1995, Xin and her husband founded property development company SOHO China. His Quantum Luxury Properties include a five-star, 150-bed Marriott hotel in Lagos. With an estimated worth of $1.4 billion, Tony Elumelu is one of the richest men in Nigeria. He is the co-founder and chairman of Seplat Petroleum. A post shared by Onu Ndi Igbo (@voiceoftheeast). She also a singer and record producer. Kalu is also the chairman of First International Bank Limited, which operates branches throughout Gambia. 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. Lens took a shock lead in the 28th minute through Seko [] A post shared by Senator Orji Uzor Kalu (@oukgram). Born in Philadelphia in 1960, Bisciotti was the youngest of three children to parents Bernard and Patricia. He is also the chairman of Standard Alliance Insurance, Verticom Wireless, STB capital markets, Flame Petroleum and Gas Limited. He is the chairman of the Mondola Group. 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. Hakeem Belo-Osagie is a petroleum economist and an established businessman. He subsequently ventured into politics, serving as a Minister of Defense under President Olusegun Obasanjo. The writer is called Joseph Esenowo. A post shared by Join our Investment Club (@thetgiclub). In 1999 Pinault changed the direction of the business towards luxury goods when he bought a controlling stake in Gucci Group. Peters previously worked with Aliko Dangotes younger brother, Sayyu Dantata, at Ocean and Oil, now known as Oando PLC, before establishing his own petroleum industry. Eventually, Benedict founded Aiteo Group which is currently reputed to own one of the largest petroleum tank farms in the country. as an infrastructure engineer where he worked for nearly nine years before leaving aged 30 with enough cash to launch his own business. He is a renowned businessman, co-founding global giant Westfield Corporation, which has shopping centres in Australasia, the US, UK and Europe. Globally, he ranks at 344 among Forbes real-time billionaires list as at 1st June 2020. He was also the founder of Visafone Communications Limited which has since been acquired by MTN. Jim Ovia is the man behind the success story of one of Nigerias top banks, Zenith Bank. 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