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It is based on an annual assessment of wealth and assets compiled and published by Forbes magazine. Cletus M. Ibeto is a Nigerian businessman from the industrial city of Nnewi, Anambra state. Chief Cletus Ibeto is not only a distinguished businessman but also one of the reputable industrialists hailing from Nnewi –an Anambra region greatly reputed for having a considerable number of Nigerian billionaires who are South-Easterners. He also has big investments in real estate and sugar refining. Aliko Dangote is the richest black man on earth. Although not the world’s richest man, the 9 th richest man in the world is one of the founders of Bloomberg LP.. Full name: Michael Rubens Bloomberg. The company has interests in the field of mining, petroleum, steel, and cement. According to recent rankings, Tonu Elumelu’s net worth stands at $990 million. Top 10 Richest People in Nigeria – 2019 May 17, 2019 August 20, 2019 Admin Africa We all desire to be rich and making it happen in life requires sacrifice, motivation, inspiration, and above all taking risks. from Oxford University in England. Benedict Peters is another businessman who hit it big in the oil business. Currently, He is the chairman of BUA group which is also involved in flour milling, sugar refining, and processing of vegetable oil. Cletus Ibeto dominates the industrial terrain of Nnewi for being the leader of The Ibeto Group –the biggest business empire in Nnewi. Mike Adenuga. There are other 2019 fact you shouldn't miss out. He jumped into the oil business with the founding of SEPLAT, an organization obviously regarded as one of the biggest petroleum development firms in Nigeria. Mohammed Indimi founded Oriental Energy Resources, a privately owned Nigerian oil exploration, and production company, a company that owns three major offshore assets in Nigeria including OML 115, Ebok Field (OML 67), and the Okwok Field (OML 67). Alhaji Aliko Dangote – Dangote Group, ( Manufacturing, oil & gas,) 2. Igho Sanomi, Nigeria’s youngest billionaire is the founder and CEO of Taleveras Group, a Nigerian energy, power, construction, and trading conglomerate with an annual revenue of over $3.5 billion. He has business interests in oil, telecommunications, maritime, aviation and real estates. Igho Sanomi was profiled by Forbes magazine in 2007 as “one of the new generation of young professionals in Nigeria who are establishing themselves as young leaders of the private sector business community, Benedict Peters is the founder and vice chairman of Aiteo Group. Peters cut his teeth in the early nineties working with Aliko Dangote’s younger brother, Sayyu Dantata in the oil and gas business, and with Wale Tinubu, Mofe Boyo and Onajite Okoloko at Ocean and Oil  (now Oando). Benedict Peters is listed as the 17th richest person in Africa, with a net worth of approximately $2.7 billion. These set of people are rich or wealthy, earning or looting money through the stroke of their signatures. Strive Masiyiwa (Econet Group, Cassava Smartech, Kwese & Liquid Telecom)-$2.5 billion. companies listed on the stock exchange). Though he earns passive income from his current petroleum business, Theophilus Danjuma is believed to have garnered the largest portion of his wealth during his military role within the Nigerian Army. The conglomerate is a constant enterprise that specializes in various key sectors including engineering, agriculture, real estate, oil & gas, and shipping. This is because their political power comes with monetary benefits whether they are governors, senators or presidents. He was born in Kano, Nigeria on 10th April 1957. He owns several hotels across Nigeria under the Ibeto Hospitality brand. The Nigerian billionaire businessman amassed his wealth from the telecommunications sector and oil industry. The Harvard educated businessman was also the chairman of Etisalat, Nigeria’s fourth largest mobile telecom network, with more than 18 million subscribers. A few years ago, she made headlines a few years ago when she unseated Oprah Winfrey to become the richest black woman in the world. Aliko Dangote is not just the richest man in Nigeria, he is also currently the wealthiest man ... 2. Mr. Danjuma is the chairman of SAPETRO (South Atlantic Petroleum), a Nigerian upstream oil and gas exploration and production company. You may have noticed that some top musicians like Patoranking did not make it to the list. With at least 36 oil acreage, it is the largest holder of oil exploration blocks in Africa. He was born in a business-oriented family. Oba Otudeko is the last on our list of richest men in Nigeria, he engages in various businesses –including Fan Milk Nigeria PLC, Airtel Nigeria, and Honeywell Group of Companies. With the current net worth of $650 million, Tunde Folawiyo continues to double up his wealth with investments in big organizations including MTN Nigeria and Access Bank. Sir Chief Dr. Gabriel Osawaru Igbinedion is the richest man in Edo State Nigeria, the Esama of the Benin Kingdom, privileged Romanian representative to Edo and Delta conditions of Nigeria and great patriarch of the house of Igbinedion. (adsbygoogle = window.adsbygoogle || []).push({}); Top 10 Richest Men In Nigeria 2020 {Net Worth}. The bank operates branches throughout the Gambia. Alhaji Aliko Dangote is worth an estimated $21.6 billion. Nigerian Billionaires and Top 20+ Richest People (Entrepreneurs) in Nigeria for 2019 1. After graduation, he bounced around from one job to another, before being introduced to the oil servicing sector. Besides his huge net worth estimated at $890 million, Cletus Ibeto stands his ground as one of the, Benedict Peters began swirling into prominence beginning from the early 90’s while partnering with influential businessmen such as Onajite Okoloko, Mofe Boyo, Wale Tinubu, and Sayyu Dantata (a relative of Aliko Dangote). Slok is a $2.5 billion (annual revenues) West African conglomerate with interests in shipping, banking, oil trading, manufacturing and the media. Kalu is the chairman of First International Bank Limited. Also, he is reported to have finished an academic programme at Oxford University with an M.A degree. Save my name, email, and website in this browser for the next time I comment. His company also has a multimillion-dollar underwater fiber optic cable to provide internet services at a subsidized rate to its consumers. As a wealthy businessman and part of the earliest Nigerian industrialists, Michael Ibru controls the Ibru Organization –a company rated among Nigeria’s biggest conglomerates. Abiola Olaniran is the founder of the Nigerian gaming company, Gamsole. Tony Elumelu is an influential Nigerian and business tycoon hailing from the South East. Forbes richest man from Africa was ranked as number 100 in the list to Top 100 World’s U.S. Dollar Billionaires. Meanwhile, Igho Sanomi has obvious tastes for business activities including real estate, aviation, maritime, telecommunications, and oil. Jimoh Ibrahim is one of the few people who make ceremonial appearances in a Rolls Royce Phantom. In this video I will be sharing with you the top 20 most richest pastors in the world and their net worth. With his current net worth hanging around $670 million, Mohammed Indimi is believed to have reaped immense benefits from his oil company founded in the early ’90s. Hope we have been able to answer the question on Who Is The Richest Man in Nigeria, Top 20 Nigerian Billionaires, I hope to increase this list to the list of Top 50 Richest Men In Nigeria – share your thought and experience with us through the comment box and like us on Facebook @ facebook.com/9jaquest or follow us on twitter @ twitter.com/NaijaQuest, Tagged: Aliko Dangote net worth, Mike Adenuga, Folorunsho Alakija, General Yakubu Theophilus Danjuma, Femi Otedola, Abdul Samad Isyaku Rabiu, Jim Ovia, Tony O. Elumelu, Mohammed Indimi, Orji Uzor Kalu, the richest black woman in Africa, top 100 richest people in Nigeria, the wealthiest reachest rich Nigerians 50 20 Top 50 richest man in Nigeria and their net worth, Your email address will not be published. Bryant ABC Orjiako is a brilliant mind and a successful medical doctor (Surgeon). According to this year’s Forbes Richest Billionaires Ranking, Aliko Dangote is Nigeria’s richest man. Through the Ibru Organization, Michael Ibru is believed to have alleviated the incidence of unemployment and currently, he has more than 13,000 employees under his management. Online Loan in Nigeria; Quick Loan Apps In Nigeria; Lifestyle; School. His net worth is believed to be about $600 million according to Forbes. Hakeem Bello Osagie magnifies his wealth as an industrious business tycoon and current chairman of Etisalat –one of the biggest telecom operators in the country. $2 billion less than his networth a year ago, primarily due to a roughly 20% drop in the stock price of Dangote Cement, his most valuable asset. Significantly, he happens to be a vigorous businessman who controls Mondola Group. Otunba Michael Adenuga is another solid businessman in Nigeria, whose wealth is not just vast, but well-diversified, the second richest person in Nigeria and the wealthiest Yoruba man. Your email address will not be published. He has a vast and well-diversified portfolio. See Also: Richest Nigerian Musicians You must Know. Mike Adenuga, the owner of Globacom, emerged Africa’s 5th richest man. Meanwhile, Oba Otudeko serves as the chairman of each of these businesses. it is, therefore, no surprise that the country has produced some of the most notable thinkers, writers, politicians, and businessmen that the continent has ever seen. Juanita Bynum BuzzNigeria – Famous People, Celebrity Bios, Updates and Trendy News. We do know that when he built a school for the people of South Sudan, he showed up at the handing over ceremony in a Rolls Royce. Mike Adenuga is the 2nd richest man in Nigeria and the 5th in Africa. 19. Jim Ovia is estimated to be worth approximately $850 million ($2.3 billion according to Ventures Africa). Adenuga, Nigeria’s second richest man, built his fortune in telecom and oil production. Like Cletus Ibeto he too came up from humble beginnings. Prince Arthur Eze is estimated to be worth a fortune of around $900 million and currently, his oil & gas business –Atlas Oranto Petroleum –spans its business operations across African countries including the Benin Republic, the Gambia, Equatorial Guinea, Senegal, Mali, Ghana, Liberia, Sierra Leone, Ivory Coast, and Nigeria. In this article, we will be looking at the top 20 richest Nigerian […] Top 20 Best, Richest Nollywood Actors And Actresses And Estimated Net Worth (2019 Update) The Nigerian movie industry – Nollywood – has produced some exceptional actors and actresses, who have, over the course of their respective careers, amassed sizable wealth for themselves. –Africa’s biggest owner of oil exploration blocks. Aliko Dangote. His rise to wealth was due to perseverance, hard work, and good fortune. July 19, 2019; No Comments; In this article I will be sharing with you the top 20 most richest men in Nigeria. Abdulsamad Rabiu was named Africa’s newest billionaire in Forbes’ November 2013 issue. Abdulsamad’s fortune grew from $670 million in 2012 to $1.2 billion this year, according to Forbes Africa. Without wasting time, let us now get straight to the business of the day; the top 10 richest men in Nigeria. Jimoh Ibrahim is the CEO of Global Fleet Group, and also a director at Nicon group which has a number of subsidiaries. This billionaire is ranked by... Mike Adenuga – Net worth $7.7 billion. Guaranty Trust Bank is the best banking institution of 2019 given by analysis obtained from the industry. Besides his entrepreneurial involvement, which centres on real estate and several other services, Jim Ovia maintains great fame as the founding father of Zenith Bank –one of the leading Nigerian banks. These men have contributed immensely to the economy growth and development of Nigeria. Nigerian Billionaires, richest men in Nigeria for 2019 1 at over billion... 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