0. Over the years, the conglomerate has been expanding to touch several sectors. 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. It is no surprise that we find many familiar names on the list. Your email address will not be published. Benedict learned the ropes in the oil and gas sector when he worked with a relative of Dangote, Sayyu Dantata. Mike has investments in telecommunications, real estate, and oil and gas sectors. Top 5 Richest Men In Nigeria Number one on the richest men in Nigeria list is 1) Aliko Dangote. You consent to this policy by using this site. With his capacity in the BoI, he is able to impact on the lives of farmers around the country. The recent economic crisis that has rocked the nation's market is thought to have been brought on by the lack of accountable leadership. The Top 20 richest musicians in Nigeria 2020 wouldn’t be correct if Timaya were not included in the list. She does this with her scholarship program, Folorunsho Alakija Scholarship Scheme, where she helps students to finance their education. This is because their political power comes with monetary benefits whether they are governors, senators or presidents. He attended the University of Benin where he obtained a Bachelor of Science degree in Geography and Town Planning. Well, there are so many wealthy Nigerians. His name has been songs and accolades have been given when due. Nigeria is one of the world’s most resilient nations and the most populous black race in the universe. 2Baba also has a huge amount of endorsement deals with various top brands in Nigeria … As a result of his participation in the protest, he was suspended by the university disciplinary committee. He has also served as the 9mobile (formerly Etisalat). Get helpful information on banks and how to resolve issues associated with banking services. Globacom is the second most used telecom operator in Nigeria, just behind MTN. Dr. Emmanuel Ojei is another wealthy Nigerian businessman. 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. 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. Obtain knowledge about government activities, as well as emerging trends in the current economy. Bode Akindele is the definition of “old money.” Although in his 80s, he serves as the chairman of Mandola Group. The company achieved a milestone when it was listed on the London Stock Exchange. As of 2019, the bank was ranked as the best bank in Nigeria. Aliko Dangote is the richest man in Nigeria and the richest African in the world. A foundation that helps budding entrepreneurs with capital for their businesses. ... David Oyedepo is the richest man of God in the country according to Forbes. Twitter. Tony Elumelu doubles as one of Nigeria’s most popular philanthropists in the business sector and one of the richest Nigerian men. Save my name, email, and website in this browser for the next time I comment. Dangote was born into the prestigious Dantata family, which is one of the richest families in Africa. Stay busy, learn a trade, invest and you may make the list someday. He is also the 67 th richest person in the world. Africa is not left out of the ranking of wealthiest people. Eze started Atlas Oranto Petroleum in the early 1990s. However, his conglomerate is not limited to Nigeria. Igho Sanomi / Net worth of $1 billion ~ ₦390 billion. He founded Oriental Energy Resources in the 1990s, a company that deals with the explorations and production of crude oil. While Otedola is a renowned businessman, his children are shaking the entertainment industry. Benedict Peters is another oil magnate 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. In the early 1960s, he joined the Nigerian Army. Sandwiched between a very harsh terrain and a mammoth population threatening to sink the nation, the hustling is a lot more severe than in any other clime. 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. Adenuga is a man with educational qualifications and a passion for business. In Nigeria’s business sector, Dangote is a household name. Linkedin. According to NCC, Glo is the leading data provider in Nigeria. Cletus Ibeto is a renowned businessman in Nigeria. This is because the Governor suspended traditional leaders that followed Prince Eze to Abuja to see the President. Modola is a conglomerate he owns that is invested in transportation, real estate, maritime, food processing, manufacturing, agriculture, etc. He’s another business with investments in the oil sector. Hence, we can see how he transformed that bank into the United Bank of Africa, UBA. He was first profiled by Forbes over a decade ago. Dr. Orjiakor is another billionaire that is a graduate of the reputable Harvard Business School. He owns the Ibeto Group, a conglomerate with diverse investments. It is the bank’s investment arm that deals with diversified financial services. 10 richest men in Nigeria, their houses & cars (Updated 2020) #10. And another company under the BUA group is the Nigerian Oil Mills. The Process and Cost of Clearing Cars in Nigeria. He serves as the CEO of Atlas Oranto Petroleum. Adenuga continues to create opportunities where he can have a positive impact in Nigeria while earning some returns. Well, before we proceed, can you guess anyone that’d make our list? Top 10 Richest People in Nigeria Welcome to Displore and thanks for watching. Orji Kalu is one of the few politicians that made the list. Also Read; Top 10 Richest Musicians In Nigeria 2020 [Latest] Richest Celebrities In Nigeria 2020. He is the richest man in Nigeria and Africa. We use cookies to maintain and enhance your viewing experience. His first daughter, Olawunmi Christy Otedola aka Tolani, is a musician. 365: Mike Adenuga Nigeria 9.2 … Otudeko also serves as the chairman of FBN Holdings Plc. UBA is one of Nigeria’s foremost commercial banks operating in several African countries. And today, he has transformed that small company into the Dangote group of companies. World ranking Name Citizenship Net worth Sources of wealth 136: Aliko Dangote Nigeria 10.3 Billion: Cement, Sugar, Salt. Today, she has huge investments in the oil sector and a force to reckon with. Peters was born in Abakaliki. He employs over ten thousand Nigerians and as such is one of the country’s top employers. From Forbes estimations, Mike Adenuga has a net worth of $6.5 billion. When her son got married in England some time ago, a lot of gossip blogs claimed she spent billions of naira for the wedding. He is the owner of Honeywell Group, a conglomerate with many fast selling products. Contents […] Politicians and individuals whose source of wealth cannot be traced are excluded from this list. After concluding his basic education in Nigeria, he went further to study Business Administration in the United States. The wedding had in attendance, celebrities, VIPs, and other important dignitaries. By S. Olawale June 20, 2020 Richest 0 Comments List of the richest people in Imo State. Richest People in Nigeria and their Net Worth (2020) 1. Top 10 richest men in Africa & their cars (2020) Want to know the richest billionaires (in Dollars) in Nigeria, both men, and women? Abdusalam was born into a wealthy family on the 4th of August 1960, a few months before the country’s independence. She also has properties that have estimated worth of over a hundred million dollars. When it comes to Naira billionaires, Nigeria has hundreds of billionaires. While in the coup that occurred in the mid 1970s, he was in opposition. Arthur Eze is a Nigerian businessman, politician, and philanthropist. This man is another prominent celebrity among current top 10 richest Fuji musician in Nigeria. His other investment includes Transcorp and Heir Holdings. Wondering who the richest men in Nigeria are? Top 10 richest men in Nigeria 2020 & their cars. Check Out: Wasiu Ayinde Biography 2020 . Some rankings include Femi Otedola before Mrs. Alakija. Hence, his shares in ETB was transferred to Sterling Bank. This long before he went into the oil sector. Adenuga has stakes in Con Oil (an oil exploration company) and Sterling Bank. Currently, Otedola is mostly invested in the power sector. 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. This is the first telecommunication owner by a Nigerian and it competes with other foreign-owned networks. Top 20 Richest Men in Nigeria – Number 1 Will Blow Your Mind. Perhaps we’ll call at last the richest Igbo man in Nigeria. Today, he is one of the few politicians that is ranked by Forbes as a wealthy individual. In no particular order, we list the top 10 richest politicians in Nigeria and their net worth for 2020. Are you looking for the top 10 richest men in Nigeria (2020)? The company is licensed to process oil and gas in over 12 locations in Africa. Aliko Dangote Net Worth . Oba Otudeko is one of the wealthiest individuals in Nigeria. The list of richest men in Ghana 2020 features mostly businessmen who make their money mostly from their business. Kalu is a former governor of Abia state and has experience in Nigeria politics. One of its foremost companies is the BUA Cement Plc. He started his military career as a second lieutenant and participated in several coups. 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. He serves currently as the chairman of SLOK Holding. His products are available in markets around the country. His company, Con Oil, operates 6 blocks in some of the oil-producing states in Nigeria. Date of Birth: 17 th of August, 1944. Find out ways to raise capital, save, protect your income, and shrewdly spend financial resources. Orji Kalu is behind some media outlets, including the New Telegraph and Daily Sun newspapers. 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. 12632. Eze has several luxurious possessions. As of 2020, he is estimated to have a net worth of $10.5 billion. He is known to be a financier of the People’s Democratic Party, PDP. Forbes ranks Michael Adenuga right after Dangote in the richest people in Africa. To date, Eze owns the company with the most oil blocks in Africa. According to Ventures Africa, he is the seventh richest man in Nigeria. Facebook. FBN Holdings is a subsidiary of First Bank of Nigeria. About a year ago, the United Bank of Africa added popular Nigerian musician, Wizkid, as one of its ambassadors. Forbes ranks Dangote with other billionaires in the world. He currently serves as the chairman of the Nigerian Bank of Industry. He sold palm oil and related commodities. The Atlas Oranto oil blocks are located in Nigeria, Uganda, Sudan, Senegal, Equatorial Guinea, etc. Some decades back, Femi Otedola bought African Petroleum Plc that he later transformed to Forte Oil. Top 20 richest Igbo man and woman 2020. Mohammed Indimi is another wealthy Nigerian entrepreneur. Forbes ranks Dangote with other billionaires in the world. His academic history and experience in the banking sector make him one of Nigeria’s biggest bankers. Since Danjuma retired from the military service, he has been dedicated to expanding his businesses. 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. Let’s try to name 20 rich Igbo among Nigerian men who managed to earn decent net worth. 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. Save my name, email, and website in this browser for the next time I comment. Recently, i compiled a list of the world’s richest billionaire school drop outs and today, I will be compiling a list of Nigerian billionaires and top richest people in Nigeria but please this list will be restricted to entrepreneurs only. He also invested in other sectors, not limiting to shipping, pharmaceuticals, real rate and construction, real estate, pharmaceuticals, and shipping. These are areas that guarantee a high return on capital. He is the son of Michael Otedola, who served as a Governor of Lagos. She is also one of the richest women in Africa. The 6 th richest man in the world is the co-founder and executive chairman of Oracle Corporation.. In his desire to maximise returns, he then went into the oil and gas sector. Dangote Group is Dangote’s conglomerate, where he invests in different Nigerian sectors. Hence, he sold his 75% equity shares in Forte Oil to Prudent Energy Services Ltd. Hakeem Belo-Osagie is a renowned economist and philanthropist. Early 2020, Prince Arthur Eze had problems with the Governor of his state, Willie Obiano. Michael “Mike” Adenuga is the second richest person in Nigeria and the third richest in Africa. 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He is the controlling shareholder of Forte Oil, with a 78% stake. Top 10 richest actresses in Nigeria 2020 & their cars. He is known to be the richest Yoruba man in Nigeria, 2020. He also has investment in real estate, maritime, aviation, and oil sectors. This article will list the top wealthy celebrities we have in the country this 2020 and also their net worth, endorsement deals and assets. How we, a majority of his wealth is now on the power sector. It is no surprise that Folorunsho Alakija is the richest woman in Nigeria. 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?" Akindele’s group, Mandela Group, is ranked as one of the largest conglomerates in Africa, with an estimated value in dollars. Wasiu Alabi Pasuma – ₦560 Million. 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. Abdusalam Rabiu is one of the richest people in Nigeria. 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. Kalu has an acumen for business despite he did not have much capital at the time. You may be familiar with the noodles, spaghetti, and several other kinds of pasta. After he left school, Kalu went into commodity trading. Ovia also has a scholarship for students in tertiary institutions. And as such, he would yet again add more workers to his workforce. He also had a career selling furniture. With his divestment from the oil sector, he is one of the richest men in the country. Currently, Forbes ranks her as one of the richest black women in the world. Notify me of follow-up comments by email. 3 Easy Ways to Install Sky Go on Firestick (2020), Top 10 Most Profitable Businesses in Nigeria (2020). Mike Adenuga was born on the 29th of September, 1953. It has a presence in Cote D’Ivoire, Benin, and Ghana. With the aid of this foundation, Elumelu has helped many Nigerians. His leadership at Zenith Bank Plc cannot be overemphasised. Required fields are marked *. 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. As of 2020, Amancio Ortega’s net worth is estimated to be $65.9 billion. Dangote is among the four wealthiest Nigerians on the 2020 list. These are billionaires that own businesses worth billions of dollars. Elumelu started his career in the banking industry. Tunde Folawiyo is amongst the richest men in the country. What we observed is that these men have an acumen for business. 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. Top 10 richest musicians in Nigeria: cars, houses & net worths 2020. This conglomerate is invested in the importation, banking, and construction sectors. Country of Residence: United States. He is also invested in the media, oil and gas, and marine sector. His talent and passion for what he is doing give him the strength to move forward. Otedola inherited his family’s printing business in the 1980s, and that is when his journey started. By. He also serves as the Executive Director of Cosmos Oil. He believes the power sector has a high demand that is currently unmet. 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. Recently, he invested in the oil and gas sector, where he is walking towards completing a refinery worth billions of 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. Femi Otedola also has investments in the banking, shipping, and real estate sectors. Nationality: American. In June 2019, he announced his divestment from the upstream oil sector. And Temiloluwa Otedola aka Temi/jtofashion is model and recently got her first role in a movie. The high profile individuals have not only brought glory to the country but to the whole of Africa at large. From 1998 through 2004, Belo-Osagie served as the chairman of the United Bank of Africa, UBA. He owns and serves as the CEO of Taleveras Group. SEPLAT is one of the leading petroleum development companies in Nigeria. Elumelu is also an economist and entrepreneur. Contrary to the popular opinion, top stars may not necessarily be on […] Alakija has investments in the oil sector, banking and finance, printing, real estate, and so on. Igho Sanomi is one of the youngest billionaires in Nigeria. While Flore Ifeoluwa Otedola aka DJ Cuppy is a Nigerian disk jockey and singer. Without wasting time, let us now get straight to the business of the day; the top 10 richest men in Nigeria. He was involved in the acquisition of Standard Trust Bank. Due to Rabiu’s interest in the agricultural sector, he has invested in the sector. He also worked with several top oil magnates in Oando. He also owned Visafone Communications Ltd, which he later sold to his competitor, MTN Nigeria. You can also see more richest people in Nigeria from Wikipedia rankings. She is one of the few dollar billionaires in Nigeria. Sanomi is from Agbor community in Delta state. He is a Nigerian with a degree from Harvard and a Master’s degree from Oxford University, England. The most worthy Igbo people are pointed out in an arbitrary order. So, let’s take you through the top 20 richest Ghanaians 2020 who … 1. Another establishment of his, the SLOK Group, is a conglomerate that competes with Dangote Group and BUA Group as one only the largest in the country. 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. 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. Hence, Dangote has a stronghold one of Nigeria’s economy and influence in some neighbouring countries. Top 10 richest kings in Nigeria (2020) & their cars; Top 10 richest footballers in Nigeria (2020) and their cars. As a matter of fact, you can hardly find Ibeto’s name among the top 20 financial giants in the country presently. This is one of the largest oil exploration and production owned by a Nigerian. Shortly after he started his business he launched the BUA Group, a conglomerate with investments in cement production real estate, and sugar refining. Nigeria's Top 50 Richest Billionaires - Business - Nairaland. She plays hosts to a number of billionaires and prides itself as the sole African nation with the highest number of … This is a competitor to Dangote Cement and Rabiu owns over 98% of the company. His father, Isyaku Rabiu was a businessman, with several investments in Kano state. The programme is available yearly to the general public. The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 18, 2020. The Yinka Folawiyo Group is a conglomerate he inherited from his father. Your email address will not be published. WhatsApp. Danjuma has supported some military coups and was against others. Adenuga studied Business Administration at the reputable Northwestern Oklahoma State University. Taleveras Group has investments in construction, power, and renewable energy. Danjuma studied History at Ahmadu Bello University, Zaria before he went for a career in the Military. 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. His academic History and experience in Nigeria ’ s try to name 20 rich Igbo among men. A well-decorated economists with several investments in construction, power, and several other kinds of pasta 18,.. 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