The richest man in Nigeria
Contemporary Nigeria boasts of a large number of millionaires, raising curiosity about the net worth of the richest people in the country. These people have diversified sources of income, including investments in various sectors of the Nigerian economy. Their wealth has propelled them to the forefront of local and international prominence. As of 2023, Nigeria’s richest people are valued in millions or billions of dollars, having demonstrated financial acumen by investing in critical sectors of the country’s economy.
Top 10 Richest Men in Nigeria 2023
|
Range |
Name |
Net worth |
|
1 |
Aliko Dangote |
$12.6 billion |
|
2 |
Abdul Samad Rabiu |
7.9 billion dollars |
|
3 |
Alafaa Kariboye-Igbo |
6.1 billion dollars |
|
4 |
Arturo Eze |
5.8 billion dollars |
|
5 |
Mike Adenuga |
5.7 billion dollars |
|
6 |
Cletus Ibeto |
3.8 billion dollars |
|
7 |
Orji Uzor Kalu |
3.2 billion dollars |
|
8 |
Emeka Ofor |
2.9 billion dollars |
|
9 |
Benedict Peters |
2.7 billion dollars |
|
10 |
Andy Uba |
$2.1 billion |
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Who is the richest person in the top 10 in Nigeria?
1 – Aliko Dangote
Born on April 10, 1957, Aliko Dangote is currently 65 years old as of 2022. He has accumulated his wealth through investments in cement production, automobile manufacturing, and fertilizer production. While he is not the richest person in the world, he has the distinction of being the richest person in Africa. Dangote is known for establishing and serving as chairman of Dangote Cement, Africa’s largest cement producer, in which he has an 85% stake. In 2023, Dangote’s net worth is $12.6 billion.
https://www.instagram.com/p/BjmHaqpnsJm/
2 – Abdul Samad Rabiu
Abdulsamad Rabiu was born on August 4, 1960 and is currently 61 years old as of 2022. He has accumulated his wealth through investments in cement production, sugar refining and real estate. Rabiu is currently the second richest person in Nigeria, with a net worth of $7.9 billion. He is recognized for founding BUA Group, a company involved in cement production, sugar refining and real estate. In 1988 he started a business focused on the import of iron, steel and chemicals. Furthermore, Rabiu inherited land from his late father, a successful businessman.
3 – Alafaa Kariboye-Igbo
Alafaa Kariboye-Igbo, popularly known as Oil Money, was born on May 21, 1981, making him 41 years old as of 2022. His source of wealth is mainly derived from business investments in real estate, oil, gas, car dealerships and entertainment. Despite being born into a low-income family, Oil Money’s hard work and dedication have propelled him to become a successful businessman with a net worth of $6.1 billion.
https://www.instagram.com/p/ClJudVMI98i/?hl=es
4 – Arturo Eze
Arthur Eze, born on November 27, 1948, is currently 74 years old as of 2022. He is recognized as the CEO of Atlas Oranto Petroleum, one of the largest private companies in Nigeria involved in oil exploration and production. Following airline deregulation in Nigeria in 1992, Eze founded Triax Airlines. As of 2023, his net worth is estimated to be $5.8 billion.
5 – Mike Adenuga
Born on April 29, 1953, Mike Adenuga is currently 69 years old as of 2022. He has accumulated his wealth through investments in telecommunications and oil production. Adenuga is recognized as the fifth richest person in Nigeria, with a net worth of $5.7 billion. He owns Globacom, Nigeria’s third largest mobile network operator. Additionally, Adenuga is involved in the oil exploration business and owns Conoil Protaining.
https://www.instagram.com/p/Bk4zf4YhInE/
6 – Cletus Ibeto
Cletus Ibeto, born on November 6, 1952, is currently 70 years old as of 2022. He has built his wealth through the production of cement, energy, and auto parts. Ibeto is known as the founder and president of the Ibeto Group, the largest trade union in the eastern part of Nigeria. He started his business journey as an additional spare parts import supplier during his college days. As of 2023, Cletus Ibeto’s net worth is estimated to be $3.8 billion.
7 – Orji Uzor Kalu
Orji Uzor Kalu was born on April 21, 1960 and is currently 62 years old as of 2022. He has acquired his wealth from both his business and political career. Kalu is a successful businessman and politician, with a net worth of $3.2 billion. He currently serves as the sitting senator of Abia North Senatorial District and is the senior leader of the Senate House in the Federal Republic of Nigeria. Additionally, he is the CEO of SLOK Holding, a company that has investments in banking, shipping, manufacturing, oil trading and media.
https://www.instagram.com/p/Cj8Qbadq6Ni/
8 – Emeka Offor
Emeka Offor was born on February 10, 1957 and is currently 65 years old as of 2022. He has made his wealth through his successful businesses in the oil industry. Offor is a prominent oil tycoon, philanthropist and founder of The Chrome Group, an Abuja-based oil exploration company. With his extensive business ventures, Emeka Offor’s net worth is estimated at $2.9 billion.
9 – Benedict Peters
Benedict Peters, a Nigerian billionaire, made his fortune in the oil and gas industry. He began his career in this sector in the early 1990s and worked closely with the founders of Ocean and Oil before founding Sigmund Communecci in 1999. Peters then founded the Aiteo Group in February 2008, which succeeded Sigmund Communecci. As of 2023, his net worth is estimated to be $2.7 billion.
10 – Andy Uba
Andy Uba, Nigerian politician, was born on December 14, 1958 and is currently 64 years old. He began his political career while in college and was elected Senator from Anambra South Senatorial District in Anambra State in 2011. As of 2022, his net worth is $2.1 billion.
Who is the richest man in Nigeria?
As of 2023, Aliko Dangote is considered the richest man in Nigeria and one of the richest people in Africa. Born in Kano State, Nigeria, in 1957, Dangote began his career as a trader of commodities such as sugar, cement and flour.
Through hard work and business acumen, he built his company, the Dangote Group, into a multinational conglomerate with interests in cement, sugar, salt, flour and more. The company has become a major player in the Nigerian economy and has expanded to other countries in Africa.
Dangote’s net worth is estimated at over $11 billion, making him not only the richest man in Nigeria but also one of the richest people in the world. Despite his wealth, Dangote is known for his philanthropic efforts, including funding education, health and infrastructure projects across Africa.
Top 20 Richest People in Nigeria in 2023
|
Range |
Name |
Net worth |
|
1 |
Aliko Dangote |
$12.6 billion |
|
2 |
Abdul Samad Rabiu |
7.9 billion dollars |
|
3 |
Alafaa Kariboye-Igbo |
6.1 billion dollars |
|
4 |
Arturo Eze |
5.8 billion dollars |
|
5 |
Mike Adenuga |
5.7 billion dollars |
|
6 |
Cletus Ibeto |
3.8 billion dollars |
|
7 |
Orji Uzor Kalu |
3.2 billion dollars |
|
8 |
Emeka Ofor |
2.9 billion dollars |
|
9 |
Benedict Peters |
2.7 billion dollars |
|
10 |
Andy Uba |
$2.1 billion |
|
eleven |
Femi Otedola |
1.8 billion dollars |
|
12 |
ABC Orjiako |
1.2 billion dollars |
|
13 |
Leo Stan Ekeh |
1.2 billion dollars |
|
14 |
Danjuma Theophilus |
1.1 billion dollars |
|
fifteen |
Jimoh Ibrahim |
1.1 billion dollars |
|
sixteen |
Pascal Gabriel Dozie |
billion dollars |
|
17 |
Folorunsho Alakija |
billion dollars |
|
18 |
Igho Sanomi |
billion dollars |
|
19 |
Jim Ovia |
$980 million |
|
twenty |
Tony Elumelu |
$700 million |
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Source: pagasa.edu.vn