Aliko Dangote aside, See The top 10 richest people in Nigeria and their net worth
Find out the top 10 richest people in Nigeria, their net worth and their income source.
Nigeria has a variety of business-minded individuals who has gifts in company management. In fact, most of the big companies in the country are owned by one of the top 10 richest people in Nigeria.
Although, the coronavirus took a toll on the country’s economy and most businesses. However, the top richest people are still able to hold on to their own.
However, some of the top 10 richest people in Nigeria are not businessmen.
This article reveals the richest person in the country in 2021, their source of income and their net worth.
Read also: Top 10 countries with the most valuable currencies in Africa
- 1 Who are the top 10 richest people in Nigeria?
- 2 #10 Jim Ovia – Net worth of $980 million
- 3 #9 Folorunsho Alakija – Net worth of $998 million
- 4 #9 Pascal Uzoma Dozie – Net worth of $1 billion
- 5 #8 Jimoh Ibrahim – Net worth of $1.1 billion
- 6 #7 Femi Otedola – Net worth of $1.8 billion
- 7 #6 Benedict Peters – Net worth of $2.7 billion
- 8 #5 Cletus Ibeto – Net worth of $3.7 billion
- 9 #4 Abdulsamad Rabiu – Net worth of $4.5 billion
- 10 #3 Arthur Eze – Net Worth: $5.7 Billion
- 11 #2 Mike Adenuga – Net worth of $6.4 billion
- 12 #1 Aliko Dangote – Net worth of $12.5
Who are the top 10 richest people in Nigeria?
According to Forbes, the richest black man comes from Nigeria. Also, he is the undisputed no 1 on the list of the 10 richest people in the country.
See the list below:
#10 Jim Ovia – Net worth of $980 million
Jim Ovia is 10th among the richest people in Nigeria with a net worth of $980 million.
He is a Nigerian businessman born on the 4th of November, 1951 in Delta state.
In 2015, Forbes named Ovia the 37th richest man in Africa.
He is the founder and CEO of Visafone. Also, Ovia with other investors founded Zenith bank in 1990. He currently has a stake of 9% in the bank.
Ovia began developing a petrochemical industry in 2014 at Akwa Ibom state with a 1.5 billion dollar investment.
#9 Folorunsho Alakija – Net worth of $998 million
Folorunsho Alakija is Nigeria’s wealthiest woman. With a net worth of $998 million, she made it into Forbes’ 2020 Africa’s Billionaires report.
She is the 21st woman on the African continent. Her riches demonstrates the old cliché that a woman can do anything a man can.
She is 69 years old. Born 15th July 1976.
Folorunsho’s major income source is crude oil. She is the executive vice-chairman of Famfa Oil.
#9 Pascal Uzoma Dozie – Net worth of $1 billion
Pascal Uzoma Dozie is the CEO and Founder of Sparkle, a financial technology ecosystem.
He has worked as a banker, a tech investor, and a financial inclusion advocate.
His technological prowess has earned him a net worth of $1 billion, making him Nigeria’s eighth richest person on our list.
Dozie was the GMD and Bank CEO of Diamond Bank until starting Sparke in 2019.
#8 Jimoh Ibrahim – Net worth of $1.1 billion
Nigerian entrepreneur Jimoh Ibrahim is the seventh richest individual in the country. He has a net worth of $1.1 billion.
One of his primary sources of income is the Global Fleet Group. It is a diverse corporation with economic interests present in numerous places in West African countries.
Although oil and gas have given the most zeros to his bank account, his other investments in insurance, real estate, and hospitality have also aided him.
#7 Femi Otedola – Net worth of $1.8 billion
Femi Otedola is the 7th richest person in Nigeria on our list. Born on the 4th of November 1962, he has a net worth of $1.8 billion.
The business man and philantropist is the former chairman of Forte Oil. Also,he has 500+ gas stations across the country
#6 Benedict Peters – Net worth of $2.7 billion
Benedict Peters is a businessman from Delta State, he was born in 1966 and made his fortune through Nigeria’s energy industry.
What makes him a wonderful example, though, is that, unlike many others on the list, he rose from low beginnings to achieve greatness.
His best decision was to engage in the energy sector which has made him one of the richest. Also, he founded Sigmund Communecci, which is today known as the Aiteo Group.
His net worth is currently estimated to be $2.7 billion.
#5 Cletus Ibeto – Net worth of $3.7 billion
The chairman and co-founder of Ibeto Group are Cletus Ibeto. Also, people’s hearts are warmed by the tycoon’s humanitarian efforts to aid the poor.
Cletus Ibetor’s success story has served as an inspiration to millions of Nigerians. The establisher(Cletus Ibeto) of the Ibeto Group has a net worth of $3.7 billion, making him the richest man in Eastern Nigeria.
He is also 5th among the richest people in Nigeria.
#4 Abdulsamad Rabiu – Net worth of $4.5 billion
AbdulsamadRabiu is Africa’s sixth richest man and Nigeria’s fourth richest man. He has a net worth of $4.5 billion.
Abdulsamad Rabiu is the founder of BUA Group. A Nigerian conglomerate involved in cement manufacture, sugar refining, and real estate, according to Forbes.
Rabiu also combined his privately held Obu Cement company with the publicly traded Cement Co. of Northern Nigeria, in early January 2020.
#3 Arthur Eze – Net Worth: $5.7 Billion
Arthur Eze is the 3rd richest person in Nigeria on our list. He is a successful businessman and philanthropist.
The major source of Eze’s income is Atlas Oranto Petroleum, where he is CEO.
Also, Arthur Eze has a net worth of $5.7 billion.
#2 Mike Adenuga – Net worth of $6.4 billion
Mike Adenuga’scompany,Globacom, is Nigeria’s second-largest telecom operator. Also, it has significant operations in Ghana and Benin Republic.
His net worth was estimated to be $6.4 billion by Forbes.
Mike Adenuga’s net worth also put him in second place among Africa’s top ten richest men last year.
#1 Aliko Dangote – Net worth of $12.5
Aliko Dangote has a net worth of $12.5 billion.
His name is well-known not only in Nigeria, but also around the world. Aliko Dangote is the chairman of the Dangote Group, a global cement and sugar company.
Dangote is a philanthropist and a close friend of Bill Gates, a well-known philanthropist and former world’s richest man.
Dangote is the first on the list of the top 10 richest people in Nigeria and he also is the wealthiest black man in the world till date.