Top 10 Richest Nigerians according to Forbes

Top 10 Richest Nigerians 2017 According to Forbes

Forbes, a website renowned for ranking of richest people in the world, has made available the list of richest people in Nigeria.

In the latest release, 9 Nigerians made it to the billionaires club with some just few million dollars away from reaching the benchmark.

Here is Africa’s Richest Billionaire’s List for 2019

Below are the top 10 richest Nigerians according to Forbes ranking, ranging from the least to the top.

10. Oba Otudeko

Oba Otudeko is the Chairman and founder of the honeywell group.
He is also the chairman of FBN Holdings Plc. His operations spread across oil and gas, flour mining, real estate, and marine transportation. Net Worth: $650 million.

09. Jim Oviah

Jim Oviah is the founder of Zenith Bank. He is the chairman and the largest shareholder with a stake of almost 10%.
He also manages a mobile telecom Visafone which has over 3 million subscribers. Net Worth: $1 billion.

08. Orji Uzor Kalu

The former governor of Abia State. He is the founder and chairman of Slok Holding. A conglomerate with interest in shipping, banking, oil, trading, manufacturing and the media. He became a real business man at the age of 19 after being expelled from a Nigerian University for allegedly spearheading a series of student riots. Net Worth: $1.1 billion.

07. Tony Elumelu

A philanthropist and founder of the Transcorp and Heirs Holdings. He was the chairman of United Bank for Africa and was estimated to worth $1.4 billion.

06. Abdusalam Rabiu

Abdusalam is the founder of the famous BUA Group. A conglomerate active in sugar refining, cement production, real estate and port operations. In September 2015, his Group signed a $600 million deal with a chinese cement equipment service provider Sinoma International Engineering to construct a second production line located in Edo State Niger Delta, Nigeria. Net Worth: $1.5 billion.

05. Theophilus Danjuma

Former Nigerian Chief of Army staff between 1975 to 1979. He is the current chairman of Athlantic Petroleum. Net Worth: $1.7 billion.

04. Folorunsho Alakija

Folorunsho is a business tycoon who has interest in fashion,oil and printing industries. She is the richest Woman in Nigeria and the richest woman of the African descent in the world. Net Worth: $2.1 billion.

03. Femi Otedola

He is the CEO of Zenon Oil and Gas and Forte Oil Plc. He has interest in real estates amongst other sectors. Net Worth: $2.3 billion.

02. Mike Adenuga

Mike Adenuga is the second richest man in Nigeria with interest in Oil and Gas and telecoms. He is the owner of Globacom, Nigeria’s second biggest telecom operators and the chairman of Conoil. Net Worth: $10.5 billion.

01. Aliko Dangote

Aliko Dangote is the richest man in Nigeria, Africa and of course the richest black man in the world. In 2014, he ranked as the 24th richest man in the world but has since then fallen to positions below 100 due to Nigeria’s poor Naira. Net Worth: $12.5 billion.

From the list, it is obvious that Mike Adenuga made the biggest gain (from $4.1 billion in 2016 to $10.5 billion in 2017) while Aliko Dangote dropped in his earnings ($14.1 billion in 2016 to $12.5 billion in 2017). And by this trend Mike Adenuga might surpass the current Africa’s richest man before 2019.

Here is Africa’s Richest Billionaire’s List for 2019

Francis Nwokike

Francis Nwokike is a Social Entrepreneur and an experienced Disaster Manager. I love discussing new business trends and marketing tips. I share ideas and tips that will help you grow your business.

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