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He currently serves as the chairman of the Nigerian Bank of Industry. We use cookies to maintain and enhance your viewing experience. Kalu has an acumen for business despite he did not have much capital at the time. Want to know the richest billionaires (in Dollars) in Nigeria, both men, and women? But according to Wikipedia, Otedola’s net worth in 2019 is $300. The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 18, 2020. Otudeko also serves as the chairman of FBN Holdings Plc. Ovia also has a scholarship for students in tertiary institutions. The Process and Cost of Clearing Cars in Nigeria. He now serves as the Executive Chairman at Geregu Power Plant. As of 2019, the bank was ranked as the best bank in Nigeria. Chizoba Ikenwa - December 18, 2019. Wondering who the richest men in Nigeria are? Alakija has investments in the oil sector, banking and finance, printing, real estate, and so on. He is the son of Michael Otedola, who served as a Governor of Lagos. Currently, he is active in politics. He is a proud owner of the 2018 edition of the Rolls-Royce. Cletus Ibeto is a renowned businessman in Nigeria. It is no surprise that we find many familiar names on the list. Timaya is another living legend just like 2Face, MI Abaga, and Naeto C. Timaya also has a spot as one of the richest Nigerian musicians with a net worth of $8 million. His talent and passion for what he is doing give him the strength to move forward. He also has investment in real estate, maritime, aviation, and oil sectors. He also invested in other sectors, not limiting to shipping, pharmaceuticals, real rate and construction, real estate, pharmaceuticals, and shipping. Pasuma music is known as the new generation of the genre. In June 2019, he announced his divestment from the upstream oil sector. Nationality: American. Early 2020, Prince Arthur Eze had problems with the Governor of his state, Willie Obiano. These are billionaires that own businesses worth billions of dollars. Your email address will not be published. Many aspire to become like this billionaires. Taleveras Group has investments in construction, power, and renewable energy. Modola is a conglomerate he owns that is invested in transportation, real estate, maritime, food processing, manufacturing, agriculture, etc. He also had a career selling furniture. Akindele’s group, Mandela Group, is ranked as one of the largest conglomerates in Africa, with an estimated value in dollars. 10 richest men in Nigeria, their houses & cars (Updated 2020) #10. He started his military career as a second lieutenant and participated in several coups. Currently, Otedola is mostly invested in the power sector. Today, she has huge investments in the oil sector and a force to reckon with. Egypt and South Africa tie with 5 billionaires each. Let’s try to name 20 rich Igbo among Nigerian men who managed to earn decent net worth. Top 10 richest men in Africa & their cars (2020) Jim Ovia is a graduate of the prestigious Harvard Business School. He sold palm oil and related commodities. 0. She does this with her scholarship program, Folorunsho Alakija Scholarship Scheme, where she helps students to finance their education. Top 20 Richest Men in Nigeria and their Net Worth (2020), Richest People in Nigeria and their Net Worth (2020), List of Top 20 Richest People in Nigeria and their Net Worth (2020), Richest Pastors in the World and their Net Worth (2020), Richest Kings in Nigeria and their Net Worth (2020), Naira Devaluation 2020: CBN Statement, Dangote's…, Top 10 Richest Musicians in Nigeria and their Net…, How Musicians and Upcoming Artists Make Money in Nigeria, Top 20 Richest Lawyers in Nigeria and their Net Worth (2020). Perhaps we’ll call at last the richest Igbo man in Nigeria. Top 10 richest men in Nigeria 2020 & their cars. He employs over ten thousand Nigerians and as such is one of the country’s top employers. To date, Eze owns the company with the most oil blocks in Africa. Igho Sanomi is one of the youngest billionaires in Nigeria. Interestingly, Glo has more subscribers than 9mobile and Airtel. So far we’ve curated Forbes list of richest men in Nigeria. He has been into business for a really long time and has a good relationship with policymakers. As of 2020, he is estimated to have a net worth of $10.5 billion. Alike Dangote is also invested in firms and plants around the country. This is one of the largest oil exploration and production owned by a Nigerian. Another way she engages in philanthropy is her donation towards NGO, one of which is the Rose of Sharon Foundation. According to Forbes, there are less than 5 dollar billionaires in Nigeria. Ortega was once the 5th richest man in the world, however he’s recently lost almost $20 billion of it, or 25%, which is one of the biggest losses in 2020 thus far. With his divestment from the oil sector, he is one of the richest men in the country. When her son got married in England some time ago, a lot of gossip blogs claimed she spent billions of naira for the wedding. Without wasting time, let us now get straight to the business of the day; the top 10 richest men in Nigeria. World ranking Name Citizenship Net worth Sources of wealth 136: Aliko Dangote Nigeria 10.3 Billion: Cement, Sugar, Salt. In Africa, the Nigerian business tycoon Aliko Dangote remains the richest person in Africa, with an estimated $10.1 billion net worth, according to the Forbes Africa Top Billionaires 2020 list.. Aside from Dangote, who else made the list of richest … His children serve as board members of the company. His other investment includes Transcorp and Heir Holdings. From Forbes estimations, Mike Adenuga has a net worth of $6.5 billion. He was first profiled by Forbes over a decade ago. Forbes ranks Dangote with other billionaires in the world. Ojei is the chairman of Nuel Ojei Holdings Ltd. Nairaland Forum / Nairaland / General / Business / Nigeria's Top 50 Richest Billionaires (263556 Views) 3 Youngest Nigerian Billionaires Today.No.1 Is Lagos Island Biggest Boy(pics) / List of World Richest Billionaires. From 1998 through 2004, Belo-Osagie served as the chairman of the United Bank of Africa, UBA. Below are the list of the top 10 Richest Nigerian Celebrities and their Net worth respectively. The Yinka Folawiyo Group is a conglomerate he inherited from his father. The list of richest men in Ghana 2020 features mostly businessmen who make their money mostly from their business. For example, in the September 1966 coup, he was in support. After concluding his basic education in Nigeria, he went further to study Business Administration in the United States. Top 20 Richest Men in Nigeria – Number 1 Will Blow Your Mind. Dr. Emmanuel Ojei is another wealthy Nigerian businessman. Well, there are so many wealthy Nigerians. Interesting details about the ranking of the top 10 richest men in Nigeria and their net worth in dollars – Our Country, Nigeria is highly endowed with high profile individuals just like the fertile soil and mineral resources in our lands. The Top 20 richest musicians in Nigeria 2020 wouldn’t be correct if Timaya were not included in the list. While in the coup that occurred in the mid 1970s, he was in opposition. The Top Ten Richest Man in Nigeria In 2020 No matter what you might think about cash, the Top 10 Richest Man in Nigeria can be well summed up with one phrase - success. He is the owner of Honeywell Group, a conglomerate with many fast selling products. Abdusalam Rabiu is one of the richest people in Nigeria. In the early 1960s, he joined the Nigerian Army. Politicians and individuals whose source of wealth cannot be traced are excluded from this list. So, let’s take you through the top 20 richest Ghanaians 2020 who … Eze started Atlas Oranto Petroleum in the early 1990s. Adenuga studied Business Administration at the reputable Northwestern Oklahoma State University. Sanomi is from Agbor community in Delta state. Arthur Eze is a Nigerian businessman, politician, and philanthropist. Igho Sanomi (full name: Igho Charles Sanomi) breaks into the list of the richest men in Nigeria this year, being the first new face among the total of 6 persons who make the list after missing the previous-year list. Date of Birth: 17 th of August, 1944. Theophilus Danjuma is a retired army general that happens to be one of Nigeria’s billionaires. Shortly after he started his business he launched the BUA Group, a conglomerate with investments in cement production real estate, and sugar refining. Check Out: Wasiu Ayinde Biography 2020 . As of 2020, Amancio Ortega’s net worth is estimated to be $65.9 billion. The company achieved a milestone when it was listed on the London Stock Exchange. Contrary to the popular opinion, top stars may not necessarily be on […] ... David Oyedepo is the richest man of God in the country according to Forbes. Aliko Dangote is the richest man in Nigeria and the richest African in the world. He is known to be a financier of the People’s Democratic Party, PDP. One such institution is the African Leadership Academy. His leadership at Zenith Bank Plc cannot be overemphasised. He was involved in the acquisition of Standard Trust Bank. In Nigeria’s business sector, Dangote is a household name. Obtain knowledge about government activities, as well as emerging trends in the current economy. Some like Cletus Ibeto who was once the richest Igbo man at some point in the country and among the top 10 wealthiest people in Nigeria are no longer found on the list. Top 10 richest kings in Nigeria (2020) & their cars; Top 10 richest footballers in Nigeria (2020) and their cars. He serves as the CEO of Atlas Oranto Petroleum. He’s another business with investments in the oil sector. Benedict Peters is another oil magnate in Nigeria. After he left school, Kalu went into commodity trading. We’ve decided to write an article that highlights the life of the richest Nigerians in Africa right now. Aliko Dangote is the richest man in Nigeria and the richest African in the world. Home People Pastors Top 10 Richest Men of God in Nigeria (2020) Top 10 Richest Men of God in Nigeria (2020) By. Due to Rabiu’s interest in the agricultural sector, he has invested in the sector. As a philanthropist, he started the Tony Elumelu Foundation. Hakeem Belo-Osagie is a renowned economist and philanthropist. Below is a list of top billionaires (has at least $1,000,000,000 net worth) in Nigeria which doesn’t include politicians who perhaps made their money in the office. In no particular order, we list the top 10 richest politicians in Nigeria and their net worth for 2020. Top 10 richest musicians in Nigeria: cars, houses & net worths 2020. This long before he went into the oil sector. Arthur Ese was born in the 1940s in a village in Anambra state. He also invested in the automobile industry. This man is another prominent celebrity among current top 10 richest Fuji musician in Nigeria. He is often called Prince Eze because he hails from a royal family. Dangote has investments in Nigeria as well as countries like Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania and Zambia. Top 10 Richest People in Nigeria Welcome to Displore and thanks for watching. Spread the love Top 20 richest musicians in Nigeria their net worth 2020 Fans of Music singer are always interested in knowing the net worth and the ranking position of their favorite stars and how they manage to stack up in the list. Since Danjuma retired from the military service, he has been dedicated to expanding his businesses. Elumelu is also an economist and entrepreneur. The politicians in Nigeria that are wealthy today have been listed among the influential men in the country. Benedict learned the ropes in the oil and gas sector when he worked with a relative of Dangote, Sayyu Dantata. Contents […] SEPLAT is one of the leading petroleum development companies in Nigeria. One of its foremost companies is the BUA Cement Plc. This is a competitor to Dangote Cement and Rabiu owns over 98% of the company. Peters was born in Abakaliki. Hence, Dangote has a stronghold one of Nigeria’s economy and influence in some neighbouring countries. 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Otudeko has investments in other sectors of the economy. Aliko Dangote Net Worth . Danjuma has supported some military coups and was against others. Abdusalam was born into a wealthy family on the 4th of August 1960, a few months before the country’s independence. He also worked with several top oil magnates in Oando. Whenever richness is the subject being discussed, many Igbo’s believe Imo and Anambra states are the most dogged rivals with rich men whose mouthwatering wealth speaks greatly of their worth. She is one of the few dollar billionaires in Nigeria. Also Read; Top 10 Richest Musicians In Nigeria 2020 [Latest] Richest Celebrities In Nigeria 2020. FBN Holdings is a subsidiary of First Bank of Nigeria. Wasiu Alabi Pasuma – ₦560 Million. Alakija is also into philanthropy. Linkedin. Orji Kalu is one of the few politicians that made the list. And Temiloluwa Otedola aka Temi/jtofashion is model and recently got her first role in a movie. He is also the 67 th richest person in the world. WhatsApp. He later became a General. Are you looking for the top 10 richest men in Nigeria (2020)? She is also one of the richest women in Africa. The cement and sugar industry are two industries that Dangote Group has conquered. He has also served as the 9mobile (formerly Etisalat). In Ghana, the business sector is the largest contributor to Ghana’s wealth base. Top 5 Richest Men In Nigeria Number one on the richest men in Nigeria list is 1) Aliko Dangote. In the early 1990s, she started her oil company, Famfa Oil Limoges, which generates a huge amount every year. Orji Kalu is behind some media outlets, including the New Telegraph and Daily Sun newspapers. Another company in Mike Adenuga’s portfolio is Globacom Telecommunications. Net worth=$9.2 billion; Source of wealth= cement, sugar, flour, Self Made; Current Age-62 years; Aliko Dangote is currently the richest man in Nigeria and number 136 on the world richest/billionaires by Forbes. The programme is available yearly to the general public. Your email address will not be published. From this list of the top 20 richest men in Nigeria and their net worth as ranked by Forbes, I’m sure you may have learned a thing or two. His father, Isyaku Rabiu was a businessman, with several investments in Kano state. His company, Con Oil, operates 6 blocks in some of the oil-producing states in Nigeria. By. Nigeria is known to be an oil-producing nation, with one of the busiest cities in the continent, and thus the home of the richest man in Africa. Twitter. Femi Otedola also has investments in the banking, shipping, and real estate sectors. This post is for you. This conglomerate is invested in the importation, banking, and construction sectors. Some rankings include Femi Otedola before Mrs. Alakija. Top 20 richest Igbo man and woman 2020. Bode Akindele is the definition of “old money.” Although in his 80s, he serves as the chairman of Mandola Group. This is because the Governor suspended traditional leaders that followed Prince Eze to Abuja to see the President. The company is into engineering, real estate, shipping, oil and gas, and agriculture. His name has been songs and accolades have been given when due. Dangote Group is Dangote’s conglomerate, where he invests in different Nigerian sectors. He also owned Visafone Communications Ltd, which he later sold to his competitor, MTN Nigeria. Ibeto Group is one of the leading conglomerates in Nigeria, with investment in real estate, automobile, and cement industry. You can also see more richest people in Nigeria from Wikipedia rankings. How we, a majority of his wealth is now on the power sector. You may be familiar with the noodles, spaghetti, and several other kinds of pasta. He is a Nigerian with a degree from Harvard and a Master’s degree from Oxford University, England. Richest People in Nigeria and their Net Worth (2020) 1. It is no surprise they are also some of the richest Africans. He then borrowed some money from his uncle to start his first company in 1997. When it comes to Naira billionaires, Nigeria has hundreds of billionaires. Forbes ranks Michael Adenuga right after Dangote in the richest people in Africa. Facebook. We’ve retrieved information from Forbes to put together this list of the richest men in Nigeria 2020, while estimating their net worth based on their assets, companies, investments, contracts, etc. Oba Otudeko is one of the wealthiest individuals in Nigeria. You consent to this policy by using this site. As a philanthropist, he donates to institutions that aid in training young individuals into becoming future leaders. And another company under the BUA group is the Nigerian Oil Mills. Abdusalam Rabiu started his own business when started importing chemicals, steel, and iron in the late 1980s. The recent economic crisis that has rocked the nation's market is thought to have been brought on by the lack of accountable leadership. His academic history and experience in the banking sector make him one of Nigeria’s biggest bankers. He is also invested in the media, oil and gas, and marine sector. Image credit: Forbes, wikimedia.org, wealthresult, sittingbull1845.blogspot.com. It is no surprise that Folorunsho Alakija is the richest woman in Nigeria. He founded Oriental Energy Resources in the 1990s, a company that deals with the explorations and production of crude oil. Hence, he sold his 75% equity shares in Forte Oil to Prudent Energy Services Ltd. Nigeria's Top 50 Richest Billionaires - Business - Nairaland. This is a company he started in order to aid in extracting oil for commercial purposes. His eldest brother serves as a traditional ruler in the Ukpo community. Dangote is among the four wealthiest Nigerians on the 2020 list. Nigeria is one of the world’s most resilient nations and the most populous black race in the universe. Adenuga is a man with educational qualifications and a passion for business. She plays hosts to a number of billionaires and prides itself as the sole African nation with the highest number of … It has a presence in Cote D’Ivoire, Benin, and Ghana. Danjuma studied History at Ahmadu Bello University, Zaria before he went for a career in the Military. Your email address will not be published. Eze has several luxurious possessions. He serves currently as the chairman of SLOK Holding. He is the richest man in Nigeria and Africa. With over 20 years of active participation in the Nigerian music industry, it is no surprise that he makes it to our list of the top 10 richest musicians in Nigeria and earning the 5th spot on the list. What we observed is that these men have an acumen for business. Dr. ABC Orjiako is a renowned surgeon that went into the oil industry. The high profile individuals have not only brought glory to the country but to the whole of Africa at large. He is one of the richest men to come from the banking sector. He is a well-decorated economists with several awards to his name. Notify me of follow-up comments by email. Michael “Mike” Adenuga is the second richest person in Nigeria and the third richest in Africa. The company is licensed to process oil and gas in over 12 locations in Africa. In 2020, Rabiu bought a lion’s share of Cement Company of Nigeria, which he merged with his company, BUA Cement Plc. According to NCC, Glo is the leading data provider in Nigeria. After the completion of his bachelor’s degree, he went further to get a Master’s degree (MBA) at Pace University, with campuses in New York City and Westchester County, New York. Before her life changed, Folorunsho Alakija was simply a tailor working to make ends meet. He serves as the Chief Executive Officer at South Atlantic Petroleum. He owns the AITEO group where he serves as the vice-chairman of the company. Top 10 richest actresses in Nigeria 2020 & their cars. Some people become richer or poorer within days of publication. In August 2011, Sterling Bank acquired Mike Adenuga’s Equitorial Trust Bank. 1. Africa is not left out of the ranking of wealthiest people. However, his conglomerate is not limited to Nigeria. The most worthy Igbo people are pointed out in an arbitrary order. Aliko Dangote Estimated Net worth of $8.4 Billion Aliko Dangote is not just the richest man in Nigeria, he is also currently the wealthiest man on the African continent. The Atlas Oranto oil blocks are located in Nigeria, Uganda, Sudan, Senegal, Equatorial Guinea, etc. 365: Mike Adenuga Nigeria 9.2 … ... Otedola is the third richest man in Nigeria. Other companies owned by Eze include the defunct Triax Airlines, which stopped operations in 2000. Top ten richest musicians in Nigeria and their net worth in 2020 (UPDATED) 4 months ago 2302839 views by Sade Balogun If you are interested in the world of music, you will probably want to know the answer to the question: "Who is the richest musician in Nigeria?" Country of Residence: United States. Mike has investments in telecommunications, real estate, and oil and gas sectors. Top 10 Richest Men In Nigeria And Their Net Worth 2020. As a result of his participation in the protest, he was suspended by the university disciplinary committee. UBA is one of Nigeria’s foremost commercial banks operating in several African countries. With his capacity in the BoI, he is able to impact on the lives of farmers around the country. Otedola inherited his family’s printing business in the 1980s, and that is when his journey started. The company extends his services to several other African countries, such as; Ghana, Benin, Zambia, Ethiopia, Togo, Senegal, Tanzania, South Africa, and Cameroon. He attended the University of Benin where he obtained a Bachelor of Science degree in Geography and Town Planning. He is the controlling shareholder of Forte Oil, with a 78% stake. By S. Olawale June 20, 2020 Richest 0 Comments List of the richest people in Imo State. Recently, he invested in the oil and gas sector, where he is walking towards completing a refinery worth billions of dollars. Hence, we can see how he transformed that bank into the United Bank of Africa, UBA. As soon as the construction of Dangote’s refinery is completed, he would literally be in every business sector. This is a group that worth billions of dollars. Dangote was born into the prestigious Dantata family, which is one of the richest families in Africa. Get helpful information on banks and how to resolve issues associated with banking services. Find out ways to raise capital, save, protect your income, and shrewdly spend financial resources. Aliko Dangote tops the list of Forbes Africa’s Billionaires list for 2020. Stay busy, learn a trade, invest and you may make the list someday. This is the first telecommunication owner by a Nigerian and it competes with other foreign-owned networks. Jim Ovia is a philanthropist and one of the wealthiest persons in Nigeria. Mike Adenuga was born on the 29th of September, 1953. While Otedola is a renowned businessman, his children are shaking the entertainment industry. Enter your email address to subscribe to this blog and receive new posts notifications by email. As a matter of fact, you can hardly find Ibeto’s name among the top 20 financial giants in the country presently. Dr. Orjiakor is another billionaire that is a graduate of the reputable Harvard Business School. With the aid of this foundation, Elumelu has helped many Nigerians. Some decades back, Femi Otedola bought African Petroleum Plc that he later transformed to Forte Oil. He owns and serves as the CEO of Taleveras Group. They utilised every opportunity that came their way. Igho Sanomi / Net worth of $1 billion ~ ₦390 billion. Today, he is one of the few politicians that is ranked by Forbes as a wealthy individual. 2. He serves as the Managing Director at Yinka Folawiyo Group. Born Into a wealthy business oriented family in Kano State, Nigeria, he grew up learning how to do business from those around him especially his uncle. A foundation that helps budding entrepreneurs with capital for their businesses. Tunde Folawiyo is amongst the richest men in the country. His products are available in markets around the country. Hence, his shares in ETB was transferred to Sterling Bank. As an elder statesman, he has privileges that other billionaires do not have. These are areas that guarantee a high return on capital. 3 Easy Ways to Install Sky Go on Firestick (2020), Top 10 Most Profitable Businesses in Nigeria (2020). Orjiako a co-founder and chairman of SEPLAT. Required fields are marked *. 2Baba also has a huge amount of endorsement deals with various top brands in Nigeria … Mohammed Indimi is another wealthy Nigerian entrepreneur. Kalu started his career in politics when he led the Ali Must Go protests as a student of the University of Maiduguri. This article will list the top wealthy celebrities we have in the country this 2020 and also their net worth, endorsement deals and assets. 12632. Kalu is a former governor of Abia state and has experience in Nigeria politics. Over the years, the conglomerate has been expanding to touch several sectors. He is also the 4 th wealthiest person in the United States, and a non executive director at Tesla Incorporation.. Full name: Lawrence Joseph ‘Larry’ Ellison. 20 Profitable businesses to start with 100k (₦100,000 in Nigeria) Nigeria business WhatsApp group links (entrepreneurship & business) Free job alert WhatsApp group links (for job seekers in Nigeria) Top 20 Richest Igbo Men In Nigeria (2020 updated) WhatsApp TV links Nigeria (join now) 100+ Best small business ideas in Nigeria He is known to be the richest Yoruba man in Nigeria, 2020. Entrepreneurship, Making Money and Business. His mobile phone network, Globacom, is the third largest operator in Nigeria, with 43 million subscribers. Elumelu started his career in the banking industry. Adenuga, Nigeria’s second richest man, built his fortune in telecom and oil production. He is a leader in the Nigerian business sector. Currently, Forbes ranks her as one of the richest black women in the world. She also has properties that have estimated worth of over a hundred million dollars. Top 20 Richest People in Africa 2020: Aliko Dangote of Nigeria is the richest man in africa (for the 9th year in a row) His networth is estimated at $10.1b. With a net-worth of $8 billion US Dollars in 2020, Aliko Dangote is still the richest man in Nigeria and Africa as A whole. The early 1960s, he is estimated to have been brought on by lack. Geregu power Plc, which generates a huge amount every year are pointed in! And construction sectors of 2020, Amancio Ortega ’ s most popular philanthropists the. Danjuma studied History at Ahmadu Bello University, Zaria before he went further to study business at! Really long time and has a net worth: $ 66, 100, 000 what we observed that! The largest contributor to Ghana ’ s foremost commercial banks operating in African., learn a trade, invest and you may make the list million. Transformed that Bank into the prestigious Dantata family, which stopped operations in 2000 billionaires each in! 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