Top 20 richest men in Nigeria 2020 ranking (updated), Click to share on Facebook (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), How to start a successful makeup business from home (in Nigeria), Top 20 Richest Igbo Men In Nigeria (2020 updated), How to start a profitable barbing salon (barbershop) business in Nigeria, How To Finance A Small Business Idea In Nigeria (No Investors, No Bank Loans), 37 Best hand works to learn in Nigeria in 2020, 15 Lucrative businesses to start with ₦200k, ₦300k, ₦500k in Nigeria, 20 Profitable businesses to start with 100k (₦100,000 in Nigeria), 10 Richest Yoruba men & women in Nigeria (2020 updated), Nigeria business WhatsApp group links (entrepreneurship & business), Free job alert WhatsApp group links (for job seekers in Nigeria), 14 Ways to make money online in Nigeria now and beyond, Top 10 richest Hausa men & women in Nigeria (2020 updated), 3 Best apps for investing or saving money in Nigeria, 23 Ways to save money in Nigeria & reduce expenses, Top 10 websites to learn coding (programming) online, 10 Profitable investment opportunities in Nigeria you should know, 10 Best Programming Languages to Learn in 2020(For Job & Future). Alakija has investments in the oil sector, banking and finance, printing, real estate, and so on. He is a proud owner of the 2018 edition of the Rolls-Royce. Tunde Folawiyo is amongst the richest men in the country. Well, before we proceed, can you guess anyone that’d make our list? 12632. Top 5 Richest Men In Nigeria Number one on the richest men in Nigeria list is 1) Aliko Dangote. He also invested in other sectors, not limiting to shipping, pharmaceuticals, real rate and construction, real estate, pharmaceuticals, and shipping. Another thing we noticed is that a number of Nigeria’s billionaires have investments in oil and gas, agriculture, power, telecommunications, shipping, etc. Adenuga is a man with educational qualifications and a passion for business. Date of Birth: 17 th of August, 1944. Check Out: Wasiu Ayinde Biography 2020 . By S. Olawale June 20, 2020 Richest 0 Comments List of the richest people in Imo State. Top 10 Richest Men in Nigeria (2020) – With a highly entrepreneurial spirit, Nigerians are one of the most industrious people on earth. Stay busy, learn a trade, invest and you may make the list someday. He also owned Visafone Communications Ltd, which he later sold to his competitor, MTN Nigeria. Dangote is among the four wealthiest Nigerians on the 2020 list. Abdusalam Rabiu is one of the richest people in Nigeria. Below are the list of the top 10 Richest Nigerian Celebrities and their Net worth respectively. Are you looking for the top 10 richest men in Nigeria (2020)? According to NCC, Glo is the leading data provider in Nigeria. Pasuma music is known as the new generation of the genre. Hence, his shares in ETB was transferred to Sterling Bank. Home People Pastors Top 10 Richest Men of God in Nigeria (2020) Top 10 Richest Men of God in Nigeria (2020) By. As a result of his participation in the protest, he was suspended by the university disciplinary committee. Dangote was born into the prestigious Dantata family, which is one of the richest families in Africa. Obtain knowledge about government activities, as well as emerging trends in the current economy. Tony Elumelu doubles as one of Nigeria’s most popular philanthropists in the business sector and one of the richest Nigerian men. He also invested in the automobile industry. Currently, Forbes ranks her as one of the richest black women in the world. Other companies owned by Eze include the defunct Triax Airlines, which stopped operations in 2000. UBA is one of Nigeria’s foremost commercial banks operating in several African countries. While Flore Ifeoluwa Otedola aka DJ Cuppy is a Nigerian disk jockey and singer. The high profile individuals have not only brought glory to the country but to the whole of Africa at large. He attended the University of Benin where he obtained a Bachelor of Science degree in Geography and Town Planning. Twitter. Want to know the richest billionaires (in Dollars) in Nigeria, both men, and women? The company achieved a milestone when it was listed on the London Stock Exchange. With over 20 years of active participation in the Nigerian music industry, it is no surprise that he makes it to our list of the top 10 richest musicians in Nigeria and earning the 5th spot on the list. The politicians in Nigeria that are wealthy today have been listed among the influential men in the country. Save my name, email, and website in this browser for the next time I comment. He started his military career as a second lieutenant and participated in several coups. This is one of the largest oil exploration and production owned by a Nigerian. As of 2019, the bank was ranked as the best bank in Nigeria. 10 richest men in Nigeria, their houses & cars (Updated 2020) #10. She does this with her scholarship program, Folorunsho Alakija Scholarship Scheme, where she helps students to finance their education. Before her life changed, Folorunsho Alakija was simply a tailor working to make ends meet. In August 2011, Sterling Bank acquired Mike Adenuga’s Equitorial Trust Bank. Many aspire to become like this billionaires. In the early 1960s, he joined the Nigerian Army. The 6 th richest man in the world is the co-founder and executive chairman of Oracle Corporation.. The recent economic crisis that has rocked the nation's market is thought to have been brought on by the lack of accountable leadership. Nigeria is known to be an oil-producing nation, with one of the busiest cities in the continent, and thus the home of the richest man in Africa. He now serves as the Executive Chairman at Geregu Power Plant. Over the years, the conglomerate has been expanding to touch several sectors. He also serves as the Executive Director of Cosmos Oil. This is because their political power comes with monetary benefits whether they are governors, senators or presidents. Wondering who the richest men in Nigeria are? The Top Ten Richest Man in Nigeria In 2020 No matter what you might think about cash, the Top 10 Richest Man in Nigeria can be well summed up with one phrase - success. As of 2020, he is estimated to have a net worth of $10.5 billion. According to Ventures Africa, he is the seventh richest man in Nigeria. He owns the Ibeto Group, a conglomerate with diverse investments. He is also the 67 th richest person in the world. Facebook. Alike Dangote is also invested in firms and plants around the country. Currently, he is active in politics. Theophilus Danjuma is a retired army general that happens to be one of Nigeria’s billionaires. ... David Oyedepo is the richest man of God in the country according to Forbes. Entrepreneurship, Making Money and Business. When her son got married in England some time ago, a lot of gossip blogs claimed she spent billions of naira for the wedding. Danjuma has supported some military coups and was against others. As a philanthropist, he started the Tony Elumelu Foundation. Femi Otedola is one of Nigeria’s most popular billionaires. Igho Sanomi (full name: Igho Charles Sanomi) breaks into the list of the richest men in Nigeria this year, being the first new face among the total of 6 persons who make the list after missing the previous-year list. It is no surprise that Folorunsho Alakija is the richest woman in Nigeria. Due to Rabiu’s interest in the agricultural sector, he has invested in the sector. Contents […] He is often called Prince Eze because he hails from a royal family. From 1998 through 2004, Belo-Osagie served as the chairman of the United Bank of Africa, UBA. His first daughter, Olawunmi Christy Otedola aka Tolani, is a musician. Globacom is the second most used telecom operator in Nigeria, just behind MTN. He is known to be the richest Yoruba man in Nigeria, 2020. Adenuga has stakes in Con Oil (an oil exploration company) and Sterling Bank. A foundation that helps budding entrepreneurs with capital for their businesses. Nairaland Forum / Nairaland / General / Business / Nigeria's Top 50 Richest Billionaires (263556 Views) 3 Youngest Nigerian Billionaires Today.No.1 Is Lagos Island Biggest Boy(pics) / List of World Richest Billionaires. However, his conglomerate is not limited to Nigeria. Hence, he sold his 75% equity shares in Forte Oil to Prudent Energy Services Ltd. This is because the Governor suspended traditional leaders that followed Prince Eze to Abuja to see the President. Politicians and individuals whose source of wealth cannot be traced are excluded from this list. Top 20 Richest Men in Nigeria and their Net Worth (2020), Richest People in Nigeria and their Net Worth (2020), List of Top 20 Richest People in Nigeria and their Net Worth (2020), Richest Pastors in the World and their Net Worth (2020), Richest Kings in Nigeria and their Net Worth (2020), Naira Devaluation 2020: CBN Statement, Dangote's…, Top 10 Richest Musicians in Nigeria and their Net…, How Musicians and Upcoming Artists Make Money in Nigeria, Top 20 Richest Lawyers in Nigeria and their Net Worth (2020). Another company in Mike Adenuga’s portfolio is Globacom Telecommunications. He was involved in the acquisition of Standard Trust Bank. Required fields are marked *. Top 20 Richest Men in Nigeria – Number 1 Will Blow Your Mind. One time, there were reports he spent over a hundred million dollars to support politicians. Forbes ranks Dangote with other billionaires in the world. The Top 20 richest musicians in Nigeria 2020 wouldn’t be correct if Timaya were not included in the list. Orjiako a co-founder and chairman of SEPLAT. The company owns gas/petrol stations and fuel storage depots and manufactures its own line of engine oils. He also had a career selling furniture. Let’s try to name 20 rich Igbo among Nigerian men who managed to earn decent net worth. Recently, i compiled a list of the world’s richest billionaire school drop outs and today, I will be compiling a list of Nigerian billionaires and top richest people in Nigeria but please this list will be restricted to entrepreneurs only. He was first profiled by Forbes over a decade ago. Top 10 Richest Men In Nigeria And Their Net Worth 2020. Contrary to the popular opinion, top stars may not necessarily be on […] His name has been songs and accolades have been given when due. Another way she engages in philanthropy is her donation towards NGO, one of which is the Rose of Sharon Foundation. He is the owner of Honeywell Group, a conglomerate with many fast selling products. Aliko Dangote Net Worth . But according to Wikipedia, Otedola’s net worth in 2019 is $300. After he left school, Kalu went into commodity trading. Well, there are so many wealthy Nigerians. He founded Oriental Energy Resources in the 1990s, a company that deals with the explorations and production of crude oil. His academic history and experience in the banking sector make him one of Nigeria’s biggest bankers. Mohammed Indimi is another wealthy Nigerian entrepreneur. His children serve as board members of the company. He is known to be a financier of the People’s Democratic Party, PDP. Net worth=$9.2 billion; Source of wealth= cement, sugar, flour, Self Made; Current Age-62 years; Aliko Dangote is currently the richest man in Nigeria and number 136 on the world richest/billionaires by Forbes. He believes the power sector has a high demand that is currently unmet. The company is licensed to process oil and gas in over 12 locations in Africa. Chizoba Ikenwa - December 18, 2019. In 2020, Rabiu bought a lion’s share of Cement Company of Nigeria, which he merged with his company, BUA Cement Plc. As of 2020, Amancio Ortega’s net worth is estimated to be $65.9 billion. Benedict Peters is another oil magnate in Nigeria. Net worth: $66, 100, 000, 000. The list of richest men in Ghana 2020 features mostly businessmen who make their money mostly from their business. He is the richest man in Nigeria and Africa. Some people become richer or poorer within days of publication. With his divestment from the oil sector, he is one of the richest men in the country. This long before he went into the oil sector. The most worthy Igbo people are pointed out in an arbitrary order. Top 10 Richest People in Nigeria Welcome to Displore and thanks for watching. Jim Ovia is a graduate of the prestigious Harvard Business School. Nigeria's Top 50 Richest Billionaires - Business - Nairaland. Another establishment of his, the SLOK Group, is a conglomerate that competes with Dangote Group and BUA Group as one only the largest in the country. The programme is available yearly to the general public. From Forbes estimations, Mike Adenuga has a net worth of $6.5 billion. He owns and serves as the CEO of Taleveras Group. He employs over ten thousand Nigerians and as such is one of the country’s top employers. Born Into a wealthy business oriented family in Kano State, Nigeria, he grew up learning how to do business from those around him especially his uncle. Akindele’s group, Mandela Group, is ranked as one of the largest conglomerates in Africa, with an estimated value in dollars. This conglomerate is invested in the importation, banking, and construction sectors. Benedict learned the ropes in the oil and gas sector when he worked with a relative of Dangote, Sayyu Dantata. Bode Akindele is the definition of “old money.” Although in his 80s, he serves as the chairman of Mandola Group. With a net-worth of $8 billion US Dollars in 2020, Aliko Dangote is still the richest man in Nigeria and Africa as A whole. Femi Otedola also has investments in the banking, shipping, and real estate sectors. The Yinka Folawiyo Group is a conglomerate he inherited from his father. Adenuga studied Business Administration at the reputable Northwestern Oklahoma State University. Arthur Ese was born in the 1940s in a village in Anambra state. You consent to this policy by using this site. He is a Nigerian with a degree from Harvard and a Master’s degree from Oxford University, England. Mike Adenuga was born on the 29th of September, 1953. Dangote has investments in Nigeria as well as countries like Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania and Zambia. This post is for you. Linkedin. As soon as the construction of Dangote’s refinery is completed, he would literally be in every business sector. About a year ago, the United Bank of Africa added popular Nigerian musician, Wizkid, as one of its ambassadors. Your email address will not be published. According to Forbes, there are less than 5 dollar billionaires in Nigeria. Ojei is the chairman of Nuel Ojei Holdings Ltd. The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 18, 2020. 2. Otudeko has investments in other sectors of the economy. Ovia also has a scholarship for students in tertiary institutions. He is also invested in the media, oil and gas, and marine sector. Perhaps we’ll call at last the richest Igbo man in Nigeria. Get helpful information on banks and how to resolve issues associated with banking services. Kalu is a former governor of Abia state and has experience in Nigeria politics. This is a company he started in order to aid in extracting oil for commercial purposes. It is no surprise that we find many familiar names on the list. Notify me of follow-up comments by email. In Africa, the Nigerian business tycoon Aliko Dangote remains the richest person in Africa, with an estimated $10.1 billion net worth, according to the Forbes Africa Top Billionaires 2020 list.. Aside from Dangote, who else made the list of richest … Some rankings include Femi Otedola before Mrs. Alakija. We use cookies to maintain and enhance your viewing experience. These are areas that guarantee a high return on capital. These are billionaires that own businesses worth billions of dollars. In no particular order, we list the top 10 richest politicians in Nigeria and their net worth for 2020. And as such, he would yet again add more workers to his workforce. Top 10 richest men in Africa & their cars (2020) He is one of the richest men to come from the banking sector. Ibeto Group is one of the leading conglomerates in Nigeria, with investment in real estate, automobile, and cement industry. Eze started Atlas Oranto Petroleum in the early 1990s. They utilised every opportunity that came their way. After concluding his basic education in Nigeria, he went further to study Business Administration in the United States. Alakija is also into philanthropy. For example, in the September 1966 coup, he was in support. He’s another business with investments in the oil sector. In the early 1990s, she started her oil company, Famfa Oil Limoges, which generates a huge amount every year. Country of Residence: United States. Top 10 richest kings in Nigeria (2020) & their cars; Top 10 richest footballers in Nigeria (2020) and their cars. His products are available in markets around the country. Some like Cletus Ibeto who was once the richest Igbo man at some point in the country and among the top 10 wealthiest people in Nigeria are no longer found on the list. While in the coup that occurred in the mid 1970s, he was in opposition. She is also one of the richest women in Africa. When it comes to Naira billionaires, Nigeria has hundreds of billionaires. By. Enter your email address to subscribe to this blog and receive new posts notifications by email. Also Read; Top 10 Richest Musicians In Nigeria 2020 [Latest] Richest Celebrities In Nigeria 2020. Africa is not left out of the ranking of wealthiest people. As a matter of fact, you can hardly find Ibeto’s name among the top 20 financial giants in the country presently. Arthur Eze is a Nigerian businessman, politician, and philanthropist. We’ve retrieved information from Forbes to put together this list of the richest men in Nigeria 2020, while estimating their net worth based on their assets, companies, investments, contracts, etc. It has a presence in Cote D’Ivoire, Benin, and Ghana. Image credit: Forbes, wikimedia.org, wealthresult, sittingbull1845.blogspot.com. The Process and Cost of Clearing Cars in Nigeria. Kalu started his career in politics when he led the Ali Must Go protests as a student of the University of Maiduguri. Hakeem Belo-Osagie is a renowned economist and philanthropist. Your email address will not be published. Spread the love Top 20 richest musicians in Nigeria their net worth 2020 Fans of Music singer are always interested in knowing the net worth and the ranking position of their favorite stars and how they manage to stack up in the list. He serves as the Chief Executive Officer at South Atlantic Petroleum. Recently, he invested in the oil and gas sector, where he is walking towards completing a refinery worth billions of dollars. It is no surprise they are also some of the richest Africans. Adenuga, Nigeria’s second richest man, built his fortune in telecom and oil production. Elumelu is also an economist and entrepreneur. This is a group that worth billions of dollars. He is also the 4 th wealthiest person in the United States, and a non executive director at Tesla Incorporation.. Full name: Lawrence Joseph ‘Larry’ Ellison. He serves as the Managing Director at Yinka Folawiyo Group. Eze has several luxurious possessions. She is one of the few dollar billionaires in Nigeria. Richest People in Nigeria and their Net Worth (2020) 1. Since Danjuma retired from the military service, he has been dedicated to expanding his businesses. Aliko Dangote tops the list of Forbes Africa’s Billionaires list for 2020. Top 10 richest men in Nigeria 2020 & their cars. It is the bank’s investment arm that deals with diversified financial services. Elumelu’s presence in the banking sector is being felt across the country’s financial institutions. Orji Kalu is one of the few politicians that made the list. Find out ways to raise capital, save, protect your income, and shrewdly spend financial resources. What we observed is that these men have an acumen for business. 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