Taleveras Group is Nigerian energy, power, construction, and trading conglomerate with annual revenue estimated at $3.5 billion. In this article, weve taken a look at the list of the richest men in Nigeria and have combined that with information from other major sources to come up with a more comprehensive list. Success! Mike Adenuga claims he got his business acumen from his mother who was also a successful businesswoman. He took over the company from his father, Wahab Folawiyo when he passed away in 2008. The richest Igbo people according to Forbes are billionaires. The scale ranges from 1 to 10. In 2009 Koum co-founded real-time messaging app WhatsApp. He has also won a handful of awards which include Commander of the Order of Niger (CON) 2012, Africas 55 wealthiest People by Venture Capital (2014), Forbes Most Prominent Naira Billionaire from Nnewi (2017), A post shared by SIR EMEKA OFFOR (@sir_emeka_offor). Folarin Falana is a Nigerian rapper known as Falz or Falzthebahdguy who started raping in secondary school after forming a group known as The School Boys. The third on the list of 20 richest men in Nigeria is the popular Femi Otedola. The foundation once supported the Bayelsa flood victims with N500m. Bola Tinubu Biography: Life Story and Age Accomplishments of Asiwaju of Lagos State, How To Use GTBank Whatsapp Number, Live Chat and Customer Care Email Address, A Look At Arthur Ezes Net Worth, Mansion and Private Jet, Who Is the Richest Man In Anambra State? 1. She also a singer and record producer. In 2015, Enugu City Centre Rotary District 9142 named him Outstanding Citizen of the World. The report, 'Inequality in Nigeria,' exposes the large and growing gap between rich and poor. Be the first to get hottest news from our Editor-in-Chief . Eventually, he established the SLOK Holding which is conglomerate comprising Ojialex Furniture Company, SLOK Nigeria Limited, SLOK United Kingdom Limited, Adamawa Publishers Limited, SLOK Vegetable Oil, Aba, SLOK Paper Factory, Aba, SLOK United States Incorporated, SLOK Ghana, Togo, Cotonou, Guinea, South Africa, Liberia, Botswana, SLOK Korea, Supreme Oil Limited, SLOK Airlines, Sun Publishing Limited, and First International Bank Limited. Telecommunications genius and self-made billionaire Kenny Troutt has now retired but not before making a cool $1.4 billion (1.09bn) fortune. Ellison has stated that he did not enjoy school and did not excel academically. His business interest is primarily in oil and he is the chairman of South Atlantic Petroleum (SAPETRO). He is not only the richest man in Nigeria but Forbes #1 African Billionaire 2023 and The Richest Black Billionaire in the world. We have listed the current 10 richest Igbo men in Nigeria today. One of them, Florence Otedola popularly called DJ Cuppy is a DJ and music producer. After two years in the US Army, he made a name for himself on Wall Street, taking Ross Perot Sr.'s Electronic Data Systems public in 1968. In 2014, the World Economic Forum (WEF) named SEPLAT as a Global Growth Company. It aims at bringing sustainable development to Nigeria and Africa at large by empowering individuals and institutions. DJ Caises mum, Chief Fernandez daughter, Chief (Mrs.) Teju Philips is a former commissioner of Lagos State. The grandson of Italian immigrants, Langone's father was a plumber, and his mother ran an elementary school cafeteria. Here's the complete list of the richest entrepreneurs in Nigeria. Theophilus Danjuma is a retired general, billionaire and philanthropist. When Jan Koum moved to California from the Ukraine as a teen his family struggled to stay above the poverty line. For a while DeJoria slept in his car and sold shampoo door to door, before he teamed up with Paul Mitchell in 1980 and turned $700 into the hugely-successful John Paul Mitchell Systems. Oba also owns minority stakes in First Bank and Ecobank. Net worth: $42.2 billion. Their Ivy-league educated daughters, Linda and Esther, work alongside their mother in merchandising. Xin was determined to learn however and would attend evening school after work. We have seen many numbers of children of politicians or business moguls break into the music scene with the influence or fortune from their families. Name Citizenship Net worth Sources of wealth . Thomas Peterffy has a net worth of $20.3 billion (15.9bn) and is the richest person in the state of Florida. He is the founder and CEO of Interactive Brokers, a leading securities firm boasting over $6 billion (4.7bn) in equity capital. While retaining their spot as the most industrious tribes in the country. Besides this, Tunde has an interest in art. He didnt go to college. In 1990, his company which was then known as Consolidated Oil received a drilling licence and in 1991 they struck oil. Like many business moguls, he has his fingers in lots of pies. As one of the most outstanding entrepreneurs in Africa, he also sits on many boards. Jimoh Ibrahim is a politician, lawyer, businessman, and philanthropist with a net worth of $1.1 billion. Dangote is the founder, chairman, and CEO of Dangote Group, a group of companies with interests in the fields of mining, petroleum, steel, and cement. In 1985, after a short spell working for a tech firm and the Abu Dhabi National Oil Company, Altrad bought a bankrupt scaffolding manufacturer in France. He also serves as a member of the Global Advisory Board of the United Nations Sustainable Energy for All Initiative (SE4ALL). In 1999 Pinault changed the direction of the business towards luxury goods when he bought a controlling stake in Gucci Group. He is most likely to be seen on his yacht, Eclipse, which he bought for nearly $400 million (309.5m) in 2010 and is the world's second-largest yacht, or cheering on Chelsea, the English soccer club he owns. He established the BUA Group in 1988. 10. Benedict began his career with Ocean and Oil now known as Oando Plc before moving to MRS Oil Nigeria Plc to become the Group Executive Director. Apr 28, 2018, 1:51 PM. The billionaire also has interests in other business ventures, which largely contributes to his net worth. Hakeem Belo-Osagie also holds an M.A. All Vecchios hard work and work experience paid off and at 25 he went on to open his own moulding shop. The Nigerian billionaire businessman amassed his wealth from the telecommunications sector and oil industry. He recently invested in power generation as part of the liberalisation of the sector in Nigeria. He is also the founder of the Tony Elumelu Foundation which has empowered thousands of entrepreneurs across Africa. Going further in his philanthropic gestures, Arthur Eze singlehandedly built a medical research unit for the Nnamdi Azikiwe University. Blacks shall become Presidents in White Nations, especially in Europe. Chairman of the Governing Council of Imo State Polytechnic, Umuagwo. Winfreys hit talk show has transitioned into a media and business empire, including a magazine and cable channel, OWN. Born in Italy, Del Vecchio was one of five children. He is also the chairman of FBN Holding Plc. His fortune grew from $670 million in 2012 to $7.6 billion this year 2023, and he has remained a force to reckon with in the world of business across the globe. At that time he traded palm oil which he bought from the South East and sold to the market in the North. 1 . He is the co-founder and chairman of Seplat Petroleum. He also serves a Co-Chair of the Aspen Institute Dialogue Series on Global Food Security. He is a director at Standard Global Services Ltd and ADIC. "This money is put into offshore accounts, or even western countries, western banks. Lists 2022. Top footballers that grew up in the ghetto and have become billionaires out of their humble backgrounds Let's see how a difficult childhood has helped these players transform to the soccer gods on the pitch. Although Dangote was born into a wealthy family, he hasnt rested on his soars due to his familys riches. He subsequently ventured into politics, serving as a Minister of Defense under President Olusegun Obasanjo. Topping the list as the richest man in Nigeria, Aliko Dangote is today worth a jaw-dropping net worth of $13.4 billion. Honeywell group, where he serves as the boards chairman, is a business conglomerate with operations stretching across oil and gas, flour milling, real estate, and marine transportation. Atlas Oranto Petroleum owns equity and working interests in several acreages across the Gulf of Guinea; this includes countries like Nigeria, Ivory Coast, Sierra Leone, Liberia, Ghana, Mali, Senegal, Equatorial Guinea, Gambia, and the Republic of Benin. South Africa has the most combined wealth ($651 billion), Egypt ($307 billion) and Nigeria ($228 billion); while Rwanda ranks 17th on the list. Yet the founder of one of the most powerful companies in the eyeglasses market rose from humble beginnings to make it to the top. The company was one of the Nigerian companies that secured an oil-lifting contract in the federal governments bid through NNPC operating in Asia, Europe, and Africa. Thank you! Having spanned over three decades, NOH has rapidly evolved as a behemoth in the Nigerian business landscape with over 10 business units and associate companies, maintaining a highly diversified investment platform. HOW THE BILLIONAIRE SON TREATED ME BECAUSE AM FROM A POOR HOME (New Hit movies)Latest Nigerian MovieEXCEL NOLLYTV Channel on YouTube is your best plug for ex. BUA International Limited has expanded and has other subsidiaries such as BUA Sugar Refinery Limited, BUA Oil Mills, BUA Ports, Terminal Limited, BUA Cement PLC, BUA Estates, etc. There are only about 2,208 billionaires in the world, with America leading the way. African Nations will be winning the World Cup in Football to a point where Nigeria and Cameroon become contemporaries in this. A post shared by Aliko Dangote (@dangote_fanpage). But Ortega came from very humble beginnings. He is among the top richest men in Nigeria, thanks to various investments, including a controlling interest in Transcorp, Nigerias largest publicly traded conglomerate, a significant stake in the United Bank for Africa, and an extensive portfolio of real estate across Nigeria, among other assets. 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