- 1. Aliko Dangote
Nigeria’s richest man is Aliko Dangote. He is also the richest person in Africa. Everything in Dangote Plc. is owned and managed by him, including cement, flour, sugar, and salt. With an annual production of more than 45.6 million metric tons, he is the continent’s largest cement producer. His total wealth is $17.3 billion.
He is a successful businessman and employer. Thousands of unemployed Nigerians have found work thanks to his firms.
In addition to other things, Dangote makes money from real estate, telecommunications, and processed agricultural products. With these, he effectively takes the top spot on our list of the ten richest men in Nigeria, with a net worth of $17.3 billion.
- 2. Mike Adenuga
Mike Adenuga has a net worth of $4.5 billion and makes a living from oil and telecoms. One of Mike’s inventions was the well-known Globacom mobile network. Just think of the staggering 43 million Nigerian subscribers to Glo services!
Additionally, he is the owner of Conoil, an oil firm with 6 oil blocks in the Niger Delta. At age 26, he started making millions of dollars. Then he distributed soft drinks and sold lacing supplies.
- 3. Femi Otedola
The CEO of Xenon Petroleum, Oil, and Gas is Femi Otedola. He is a businessman who is concerned about the welfare of the country. He donated a mouthwatering amount of 5 billion nairas to the less fortunate in the north in 2019. He has a $3.6 billion net worth.
Up until he sold Forte Oil in 2019, he served as its chairman. His primary sources of income are Nigerian real estate and the oil and gas industry.
- 4. Tony Elumelu
Elumelu has a net worth of $2 billion. To support aspiring entrepreneurs, he established the Tony Elumelu Foundation.
Tony is the owner of the businesses Transcorp and Heir Holdings, which make investments in the energy, financial services, real estate, agricultural products, and healthcare industries. He formerly served as the United Bank for Africa’s (UBA) chairman. He had attained the rank of CON, Commander of the Order of Niger.
- 5. Theophilus Danjuma
One of the top 10 wealthiest men in Nigeria is a politician named Theophilus Yakubu Danjuma. He is a retired soldier who is now a successful businessman and philanthropist.
He had received the PSS, the Forces Service Star (FSS), and the Grand Commander of the Order of the Niger (GCON). He served as the Army’s chief of staff from July 1975 until October 1979. In Olusegun Obasanjo’s administration, he was the Defense Minister.
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His net worth is $1.3 billion, and he is currently the chairman of the South Atlantic Petroleum Corporation.
- 6. Orji Uzor Kalu
Formerly, Orji Uzor Kalu served as the governor of Nigeria’s Abia State. He oversaw First International Bank Limited at the age of 33. He worked as the chairman of the Cooperative and Commerce Bank Limited and represented Borno. His net worth is $950 million.
Along with the Sun, he controlled the News Telegraph. His publication set up a printing facility in Ikeja, Lagos State.
He currently serves as chairman of SLOK Holding. SLOK Holding offers services in the following industries: manufacturing, trading, tourism, insurance, media and publishing, oil and gas, and banking and finance.
- 7. Jim Ovia
You may be aware that Jim Ovia was the founder of Zenith Bank, one of the largest commercial banks in Nigeria. With a shareholding of more than 9%, he is the bank’s chairman. He has a $870 million market value.
Jim is the owner of the 3 million-subscriber mobile carrier Visafone.
Additionally, he has great property throughout Nigeria. Jim acquired his wealth from all of these, and he comes in at number seven on our list of the ten richest Nigerians.
- 8. Abdulsalam Rabiu
Abdulsalam Rabiu’s net worth is $750 million. He founded the BUA Group, a conglomerate of businesses that makes cement, refined sugar, and transacts in real estate Rabiu, the famous businessman’s son, received land from his father.
He arrived in 1998 with a business plan to import steel, chemicals, and iron. He received his major break in this manner.
- 9. Mohammed Indimi
In 1990, Mohammed Indimi established Oriental Energy Resources. In addition to being the company’s largest shareholder, he serves as chairman. He is valued at $690 million.
His oil company’s earnings are how he makes his money and maintains his wealth. Because of this, Muhammad Indimi occupied spot nine on our esteemed list of the top 10 richest Nigerians.
- 10. Oba Otudeko
His name is Ayoola Obafoluke Otudeko, and he is an entrepreneur, investor, and philanthropist. He’s the chairman of the Honeywell Group, which has a net worth of $610 million. The group runs these seven companies:
Honeywell Flour Mills Plc
HOGL Energy Ltd
Pivot Energy Company Ltd (PECL)
Uraga Real Estate Ltd
Anchorage Leisures Ltd
Pavilion Technology Ltd
Huston Power Ltd.
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