There are several known and unknown billionaires in Nigeria. Only a handful has made the top twenty list based on their net worth and various income generating investments in different sectors in Nigeria. They are not only prominent in Nigeria, they are also known internationally.
Published March 18th. 2023
At the top of the list is Aliko Dangote of Dangote Group with
$12.6 billion. Right behind him is Abdul Samad Rabiu with a net worth of $7.9 billion. He is the Chief
Executive Officer of BUA Group.
In the third position is Alaafa Kariboye-igbo with $6.1 billion. He has business interest in oil and gas, and real estate amongst others. In the fourth position is Arthur Eze who is the CEO of Orange Atlanto Petroleum with a net worth of $5.8 billion. Mike Adenuga of Globacom is in the fifth position with $5.7 billion.
In the sixth place is Cletus Ibeto of Ibeto Group with a net worth of $3.8 billion. He is majorly into cement and energy. The seventh richest person is Orji Alalu with $3.2 billion and he is a politician cum business man.The next on the list, in the eighth position, is Emeka Offor with $2.9 billion. He is a successful businessman; an oil tycoon to be precise. in the ninth position is one Benedict Peters with $2.7 billion. His source of wealth is oil and gas. Andy Uba, a politician with a net worth of $ 2.1 billion is the tenth position.
The Eleventh richest
person is Femi Otedola with $1.8 billion. Otedola is into petroleum, shipping, and real
estate.In the twelfth position is Orjiako with $1.2 billion who gathers his wealth through oil and gas industry. In the thirteenth position is Leo Stan Ekeh who is the Chairman of Zinox Group with a net worth of $1.2 billion.
The fourteenth richest
person is T.Y Danjuma with a net worth of $1.1 billion. Danjuma is a politician and retired
army.The next person in the fifteenth position is Jimoh Ibraheem with $1.1 billion. he is into
hospitality, insurance, oil and gas. Pascal Gabriel with $1billion is in the sixteenth position. His
source of wealth is investment in Banking.
The Seventeenth
person is a first richest woman in Nigeria, Folrunsho Alakija with $1 billion. Her
source of wealth is fashion, oil, real estate and printing. In the eighteenth place is Igho Sanomi with $1billion. Igho is into telecommunications, shipping, aviation and
real estate.
The Nineteenth richest Nigerian is Jim Ovia with $ 980 million. He founded Zenith Bank and remains the chairman and largest shareholder. Last and twentieth on the list is Tony Elumelu with a net worth of $700 million. TOE as he is popularly called is the Chairman of United Bank for Africa (UBA) and currently run the Tony Elumelu Foundation, a philanthropic organisation that supports entrepreneurs in Africa.
Those are the richest people in Nigeria. Their combine net worth and investments play a significant role in the economy of Nigeria at large.
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