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The Ten Richest Men In Nigeria And Their Net Worth



No doubt, Nigeria is an abode where anyone can make good money from. Most persons have become wealthy and popular with the business they operate on in Nigeria. We are going to be discussing on the top 10 riches businessmen in Nigeria and their net worth. Do you know the top 10 richest men in Nigeria? I bet you don’t. Keep reading to know their names and their net worth.

According to Forbes, the name of the richest man in Nigeria is Aliko Dangote, he is not only famous in Nigeria but in the whole of Africa. Below is the list of the top ten richest businessmen in Nigeria who has gained success and popularity in the course of operating their business here in Nigeria.

10. Orji Uzor Kalu

Having started with just U.S. $30 given to him by family members, Orji Kalu, the former governor of Abia state (1999-2007) set up his own trading rice, palm oil and sugar business. He also started working on furniture and transportation. He made his million at about 20 years old proving to us that you can actually earn more money with just a little capital.

This successful businessman is also behind The Daily Sun Print Media, SLOK Holdings and New Telegraph Newspaper. Orji Kalu’s net worth is about 330 million U.S dollars according to the report of Forbes.[AdSense-A]

9. Oba Otudeko

I am very sure you do not know this man but when he falls into this list of top ten richest businessmen in Nigeria. Oba Otudeko is the founder of the Honeywell Group. According to Forbes reports, Otudeko’s net worth is estimated to be about 550 million U.S dollars.

8. Jim Ovia

Bankers like Jim Ovia also fall into this list of Nigeria richest businessmen. He is the founder of Zenith Bank, a big commercial bank in Nigeria with millions of clients all over Nigeria. Mr Ovia owns real estate and telecom industry. It is reported that his network Visafone pride herself with about 3 million users from various parts of the country. Jim Ovia’s net worth is estimated to be about 550 million U.S dollars according to Forbes.

7. Tony Elumelu

Are you in doubt that the agriculture sector can actually make you very rich and famous, then doubt no more as Mr Tony Elumelu has business in Agriculture which has made him extremely rich. A well-known businessman in Nigeria and the founder of Transcorp, Tony Elumelu has a net worth of about 700 million U.S dollars according to Forbes. He is also a giant in the banking sector and has lots of estates all over the shores of this country.

6. Theophilus Danjuma

Working with the oil sector can really be worthwhile as many persons who are working in the oil and petroleum sector have earned a good fortune in Nigeria. Theophilus Danjuma is among the top ten richest businessmen in Nigeria who established the South Atlantic Petroleum company. This giant oil company has gained popularity, not only in Nigeria but in other parts of Africa like Madagascar, Benin Republic etc. He also prides himself with real estate, production of urea fertilizers and a big shipping firm in Nigeria. As reported by Forbes, Theophilus has a net worth of about 750 million U.S.

5. Femi Otedola

This man happens to be among the top ten lists of richest businessmen in Nigeria. He has worked for many years in the oil and gas sector and owns two famous companies- Forte Oil PLC and Zenon Petroleum and Gas Limited- in Nigeria. He owns Swift Insurance, Seaforce Shipping Company, FO Properties Limited and so on. According to Wealthresult, his estimated net worth is about 1.2 Billion U.S dollars.

4. Igho Charles Sanomi II

This man is said to be the youngest billionaire in Nigeria. He earns most of his money from the oil industry. He is the founder of Taleveras Group which is into oil and gas. Based on two reports and, the youngest billionaire’s net worth is around 1.3 billion U.S. dollars.

3. Abdul Samad Rabiu

Another person here on the list of top ten richest businessmen in Nigeria is Abdul Samad Rabiu. He established the BUA Group- a big company that works in the real estate industry, production of cement and refines sugar. According to Forbes, he is estimated to be at about 1.6 Billion U.S dollars.[AdSense-A]

2. Mike Adenuga

The second richest businessman in Nigeria is Mike Adenuga. He owns a telecom company popularly known as Globacom, a network used by over 40 million Nigerians, placing it at the top 3 mobile operators in Nigeria. Aside from this, Mr. Mike is also involved in oil production and he is behind the Conoil Company in Nigeria. According to Forbes report, he has a net worth of about 9.4 billion U.S. dollars.

1. Aliko Dangote

I am sure you are aware that he is the number one richest man in Nigeria. He is the founder of Dangote Cement, a company producing over 40 million metric tons of cement yearly. The Dangote Company continues to grow in its production and output. Aliko Dangote has a net worth of about 14.1 Billion U.S dollars counting him as the richest businessman in Nigeria in 2018.


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