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Top 10 Richest Families in Nigeria



As we witness in other countries of the world where some families are making and acquiring wealth, we also can see that happening in Nigeria.

Note: About 80% of what is happening in Nigeria’s economy is controlled by the richest families in Nigeria.  Even if the economy is not going well, these families still have enough resources to cater for themselves. According to Forbes report, Nigeria is among the countries of the world with many families that own assets and investments worth billions of dollars.

So have you ever wondered who these families are? CorrectNG brings to you the top 10 richest families in Nigeria 2019.

10. Igbinedion Family

Chief Gabriel Igbunedion is the progenitor of this family and he is the Esama of Benin. He also has a vast business empire which includes diamond, marble and gold mines, Igbinedion University, a radio station, hotels, real estates, oil refinery etc. He is one of the richest men in Nigeria.

Even though the language the economy of our country is saying is quite disappointing, won’t there be people that will still not feel the pains other feels? Definitely, there will be and as such there will also a ranking among the wealthiest, richest families in Nigeria, just like we just did now. However, note that before some of them become what they are now, they have actually faced many challenges in life.[AdSense-A]

9. Folawiyo Family

Folawiyo Family has Chief Wahab Folawiyo as a predecessor. He was the founder and pioneer of Yinka Folawiyo and sons which is a business that deals with import and export. Now known as Yinka Folawiyo Group, it has investments in agriculture, real estate, shipping, and energy.

8. Saraki Family

The prominent members of this family are Late Olusola Saraki, Bukola Saraki, and Gbemisola Saraki. During his time, Olusola Saraki was a senator of the Second Republic and also the chairman of the defunct Societe General Bank.

Bukola Saraki, the son of Olusola, is a former Senate president of the Federal Republic after being the governor of Kwara State for good 9 years. Gbemisola Saraki, who is a sister to Bukola, is also a senator.

7. Tinubu Family

The important icon of this family is Bola Ahmed Tinubu, who was a former governor of Lagos State. Another prominent member is his wife. Oluremi is a senator of the Federal Republic of Nigeria currently.

6. Tejuosho Family

The Tejuosho family has been popularly known to produce prominent Nigerians that venture into different businesses including foam manufacturing, politicians and also lawyers. A prominent member is Bisoye Tejuosho who established Teju Industries that specialized in the making of foams.

Other prominent members include Adefunmilayo Tejuosho, who is a trained lawyer, politician and also a four-time Lagos State House of Assembly representing Mushin Constituency.

Another is Lanre Tejuosho who is the son of His Royal Highness Oba Adedapo Adewale Tejuosho, the Osile of Oke Ona of Egbaland. Lanre is a medical doctor and also a senator.

5. Fejenirokun Family

An important icon from this family is Henry Oloyede Fajemirokun who was a trade unionist that later became one of the major Nigerian Industrialists and businessmen in the long run. For Henry Stephen which was the first indigenous private oil company to get an offshore exploration license in 1970, He was also the pioneer.

4. Dantata Family

Here is the family that houses the richest man in Nigeria, Aliko Dangote. However, within the family is the presence of other richer men like Sanusi Dantata. He is a Nigerian Entrepreneur whose father was a Northern Nigerian trader in groundnuts, kola nuts, and distributor of European goods. He was one of the wealthiest men in West Africa. Other prominent members include Ahamdu Dantata, died 1960 as a politician. Aliko Dangote, a billionaire and entrepreneur Aminu Dantata, a businessman and many others.

3. Okoya-Thomas Family

One progenitor of the Okoya Thomas Family is Prince Molade Okoya-Thomas, who was the chairman of CFAO Nigeria Limited in 2015. Seems it is genetically oriented because even his father was the first local staff of CFAO and served the company for a complete 52 years. Currently, Prince Molade is the chairman of CFAO and also the Director of Transcop Nigeria Limited, Studio Press Nigeria Limited, Gateway Bank Plc, Niger Motors Industries Limited, and NFI Insurance Company Plc.

Other prominent members of the family include Princess Olajumoke Abidemi Okoya-Thomas who is a member of the Federal House of Representatives of Nigeria where she is representing Lagos Island 1.

2. Ibru Family

The force behind the popular Ibru Organization is Ibru Family. Sice 1956 when it was established, the organization has maintained to be one of the largest conglomerates with over 10,000 employees. The organization deals with diversified business ideas including agriculture, aviation, banking etc. Who was the founder of the Ibru Organization?

Micheal Ibru was the founder of the organization and he has served in many companies including United Africa Company (1951-1956) which later form the partnership with English man Jimmy Large to form Laibru General Trading Company. Around 1957, the company has most of its interest in agriculture like frozen fish, Ibru Sea Foods etc.

As time goes on, the business was expanded to transportation, distribution, brewing, construction, petroleum distribution and also fruit growing.

Other prominent members of the Ibru family are Felix Ibru, Olorogun Oskar Ibru, Cecilia Ibru, and Oboden Ibru.[AdSense-A]

1. Briggs Family

As a Nigerian, Chief Olu Benson Lulu-Briggs will not sound unfamiliar to you as the man is a man of popularity. He is the founder of Moni Pulo Limited (MPL) which is private indigenous oil and gas exploration company and this make him one of the richest men in the country.

Though has the headquarter located in Port Harcourt, there are also many branches over the country and even internationally including Lagos and London, The Company is more popular for the efficacy exhibited in its international standard operations. MPL is actually the sole operator of OML 114 and also extends its expertise to other operations like OPLs 231, 234 and 239.

His wife, Mrs. Seinye Lulu-Briggs currently serves as the Chief Executive Officer of Racheal Hotels Limited. On a serious note, his wife is much oriented toward business and this moved her to Design Research Centre where she served as the Office Manager. Before moving directly into business, she has once entered into the financial sector.

Another icon of the family is Chief Dumo Lulu Briggs, who was the pioneer, Executive Director and Chief Operating Officer at Moni Pulo Limited from 1995 to 2002. He is a lawyer.



  1. Vincent

    October 2, 2019 at 2:53 am

    Not bearing the most influential or rich families that matters,there are so many people out there that doesn’t have much we should also help them,lf you are bless by God we should also bless other.

  2. itoje9

    October 2, 2019 at 1:59 am

    i am going to be enlisted someday like this

  3. qsunday

    October 1, 2019 at 10:03 pm

    Sunday family in Jesus name amen

  4. john bi

    October 1, 2019 at 1:11 pm

    We most look inward to groom and patterned our economy before looking Outward to tighten And secure the market economy for our advantage other than signing African free trade/movement that will kill out economy.


    October 1, 2019 at 12:50 am

    At least 5 families of those northern political embelzlers should be here.

  6. Hula Dennis

    October 1, 2019 at 12:15 am

    some are from Illuminati,some are in Freemason, some are cultist so I don’t wish to be like them.

  7. Justinbid

    September 30, 2019 at 10:57 pm

    God bless my family….
    We are not gonna be the richest but be the blessed family.
    Pray for long life and prosperity.. Amen

  8. Kingsley egoh

    September 30, 2019 at 10:45 pm

    my family will be the next

  9. swap

    September 30, 2019 at 6:36 pm


  10. Yusuf Oyebanji akanni

    September 30, 2019 at 6:16 pm

    Very soon
    My name is going to be one of richest man in the world

  11. dagdavy

    September 30, 2019 at 5:41 pm

    God is the blug

  12. John Magzel

    September 30, 2019 at 4:43 pm

    May God help d poor in jesus name


    September 30, 2019 at 11:32 am

    Allen families will be the next

  14. John

    September 30, 2019 at 11:07 am

    Father Lord continue to bless them and bless my family. Idahosa family. Amen

    • Temitope Ruth Ayowanle

      October 1, 2019 at 7:22 am

      You’ve got a golden heart. Keep it up!

  15. Ali Emmanuel

    September 30, 2019 at 10:37 am

    may them remain bless as I tap from their blessing

  16. ibeh charles

    September 30, 2019 at 9:32 am

    na turn by turn for line

  17. timothy

    September 30, 2019 at 8:32 am

    God see my family and blessin us to

  18. Yusuf Oyebode tajudeen

    September 30, 2019 at 7:36 am

    Where are the likes of isiaku rabiu, otedola, otudeko, maideribe etc

  19. mohammed musa doron baga

    September 30, 2019 at 7:19 am

    my line is coming Borno state

  20. olowo

    September 30, 2019 at 6:41 am

    my own family time dey come o na their season be this let them shine on

  21. murtala bala

    September 30, 2019 at 6:16 am

    pls guys pray for a better things in lifetime and heaven not to just pray for money anyhow you may regret in future

  22. Samuel peace

    September 30, 2019 at 2:51 am

    My own time is coming. The Oghuvwu family from ughelli Delta state

  23. Opeyemi adeyemi

    September 30, 2019 at 12:00 am

    My name will be next

    • Opeyemi adeyemo

      October 2, 2019 at 8:34 am


  24. Ebuka

    September 29, 2019 at 9:55 pm

    Am next in line 

    • Edam

      September 29, 2019 at 11:53 pm

      go and hustle
      make more money.

  25. Goodluck Christopher

    September 29, 2019 at 9:30 pm

    This list is incorrect information because my name and that of PFM (prayer force and fire ministries int’l) and my family are not included…

    Until you add it, it is not correct.

  26. Abba muhammad bulama

    September 29, 2019 at 9:18 pm

    God pls don’t forget us to be a richest like them or better them

  27. noah

    September 29, 2019 at 8:51 pm

    my own time is coming tool,but his Will

  28. Elsie

    September 29, 2019 at 6:59 pm

    It doesn’t matter how rich you really are but how generous, some of these rich men enjoy their heaven on earth, remember the story of Lazarus and rich man. let them remember the poor in their riches not only me and my family alone, God hates such.

    • Viki

      September 30, 2019 at 8:40 pm

      Oaihimire family is next on line now

    • Ugo fab

      October 1, 2019 at 12:51 am

      Up u

  29. China enweani

    September 29, 2019 at 6:02 pm

    Even those who stole government funds are considered to be among richest families.God forbid cursed riches.

  30. Abubakar Muhammed

    September 29, 2019 at 5:49 pm

    Thank God My own time is coming the mamans families

  31. saheed

    September 29, 2019 at 5:24 pm

    my own is coming too

  32. Esther Owei

    September 29, 2019 at 4:38 pm

    Thank God ,My is on way coming

  33. Malcon

    September 29, 2019 at 3:11 pm

    Na their time, brother my time is coming, thankGod family isoko boy

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