Top 10 Richest Man In Nigeria
Nigeria has produced some of Africa’s richest men. It gets more interesting when you realize that Nigeria has also produced the world’s richest black man. Below we look at the top 10 richest men in Nigeria.
Aliko Dangote is the richest Nigerian. He is also the richest black man on Earth. Forbes recently listed him as the #64 most powerful man on Earth. The self made billionaire chairman of Nigeria’s Dangote Group holds interests in cement, oil and gas. The fitness buff has invested in Africa and says Nigeria is the best place to do business on earth. Dangote started out retailing flour and sugar before graduating into the big league. The richest man in Nigeria is worth a whopping $20 Billion.
Mike Adenuga is a mobile telecom and oil billionaire. The reclusive business mogul is the founder of Nigeria’s second biggest Globacom telecommunications company which has over 24 million subscribers. Adenuga started out in lace distribution in his 20’s. Mike Adenuga is worth an impressive $4.7 billion.
Femi Otedola is an oil magnate who was listed on Forbes back in 2009. Femi however dropped off from the billionaire list status owing to a steep drop in shares of his publicly traded African Petroleum which has since been rebranded into Forte Oil. Femi also owns property in Nigeria’s swankiest neighborhoods. His other company, Zenon Petroleum Company, is doing well maintaining its dominance in the Nigerian diesel and kerosene market. Femi is currently estimated to be worth a respectable $1.2 billion.
Orji Uzor is currently the chairman of SLOK Holding, a consortium of companies with business interests spread all over West Africa. SLOK Holding has interests in oil, real estate, finance, media and publishing, insurance and tourism among others. Mr. Orji is also the chairman of First International Bank Limited. In addition, he owns Nigeria’s Daily Sun newspaper which has a daily circulation of over 130,000 copies. Orji Uzor is worth $1.1 billion.
Mr.Pascal Dozie is the founder of Diamond Bank PLC. He is also the Chairman of Kunoch Limited, ADIC Insurance Limited, MTN Nigeria and Aluminium Extrusion Industries PLC. He has served as the Chairman of the Nigerian Stock Exchange too. Mr. Dozie is worth $1.1 billion.
Cosmos Maduka is the President of Coscharis Group. Dr. Maduka is an industrialist and philanthropist of huge repute. The man is also an avid sports fan and has given millions to develop sport in Nigeria. He is the president of Nigerian table Tennis Federation. Dr. Maduka has held the position of Non-Executive Director of Access bank Nigeria in the past. Dr. Maduka is estimated to be worth over $1 billion.
Jimoh Ibrahim is a trained lawyer who has his hand in politics, business and philanthropy. Currently, Mr. Jimoh is the Chairman and Group CEO of The Global Fleet Group which operates various businesses in West Africa and is said to be Africa’s youngest billionaire. Jimoh is estimated to be worth about $1 Billion.
Jim Ovia is the founder of Zenith Bank Group. He stayed on the board of the Zenith Group until 2009 when he stepped down and directed his efforts towards his Visafone Telecom Company and real estate investments in Victoria Island and Ikoyi. Jim also served at the helm of Nigeria’s Central Bank. Jim Ovia is worth $825 Million.
Oba Otudeko is the founder of the Honeywell Group. The company has interests in oil and gas, milling flour, real estate and marine transport. Mr. Oba also holds a 14% equity stake in Bharti Airtel Nigeria. He is worth $575 Million.
Alhaji Sayyu is the Chairman of MRS Holding Limited. He founded the company as MRS Group. A trained mechanical engineer, Mr. Sayyu is also an understudy of the richest man in Nigeria Aliko Dangote. Mr. Sayyu has served as a Director of Transport and Engineering at Dangote Group. He is estimated to be worth around $500 Million.