When people think about the black billionaires in the world, what normally comes to mind are the names of black celebrities and businessmen in the United States.
But there are other countries across the globe that have their own billionaires and millionaires and Nigeria is one of them.
Nigeria is no different than any other sovereign nation in the world with a strong economy that enables its people to prosper.
Nigeria’s private sector has been able to generate successful men and women who are leaders of global corporations and agencies and captains of industries due to the country’s abundance of natural and human resources.
There are a growing number of black billionaires across the globe, but Nigeria’s list billionaires is the most in Africa.
Related stories
In this article, we will be taking a look at ten of the richest men in Nigeria, their empires and Net Worth.
Aliko Dangote
The founder and CEO of Dangote Group of Company is not only the wealthiest man in the country but also the wealthiest man in Africa and the richest black man in the world.
The founder and chairman of Dangote Cement, the country’s largest-scale commercial manufacturer of cement, sugar, and many other products.
He was born in 1957 in Kano, northern Nigeria, and has an estimated net worth of $12.5 billion.
Mike Adenuga
Chief Michael Adeniyi Adenuga CSG GCON was born on the 29th of April 1953 and stands as the 4th richest man in Africa.
The Nigerian billionaire businessman controls the telecommunications industry and is the owner of Globacom, a mobile phone network, and Conoil Producing, an oil company.
He has an estimated net worth of $5.8 billion.
Abdul Samad Rabiu
The billionaire businessman and philanthropist is a Nigerian from the northern part of the country (Kano State) and the son of a successful businessman, Isyaku Rabiu.
Abdul Samad Rabiu is estimated to have a net worth of $5.4 billion.
This accumulated fortune is from his cement production company, BUA Group.
His company is also involved in real estate and sugar refining.
Alafaa Kariboye-Igbo
Better known as “Oil Money,” Kariboye-Igbo is the founder of Best Car Sales LTD and the British entrepreneur Label Oil Money Records.
He also serves as the CEO of Trump’s music and events.
This business mogul and entrepreneur has an estimated net worth of $6.1 billion.
Femi Otedola
With a very popular name, Otedola has been considered one of the richest men in Nigeria, with an estimated net worth of about 5.9 billion dollars.
He is a major shareholder and controller in the Nigerian diesel market.
His oil company supplies petroleum products to big companies like Coca-Cola, MTN, Dangote Group, Guinness Nigeria, Nestle, Nigerian breweries, and Unilever.
The billionaire businessman also has investments in power generation.
Arthur Eze
Prince Arthur Eze is a politician and Chief Executive Officer of Atlas Oranto Petroleum, a huge exploration and extraction company in Nigeria.
Arthur Eze is a philanthropist. Born on the 27th of November 1948 from Dunukofia LGA, in Anambra State, Nigeria, he currently has an estimated net worth of $5.7 billion.
Cletus Ibeto
Cletus Ibeto is the chairman and founder of Ibeto Group Ibeto, another cement production company.
This Nigerian businessman, and humanitarian, is the owner of the largest conglomerate in the Eastern Region.
He was born on the 6th of November 1952 and as an estimated net worth of $3.8 billion.
Emeka Offor
Emeka Offor has an estimated net worth of $2.9 billion.
He is the founder of the Chrome Group, a conglomerate. He also has investments in the telecommunications and energy industries.
Sir (Dr.) Emeka Offor is an entrepreneur and a philanthropist with a foundation that aims to lessen the suffering of society’s less fortunate people, with a particular emphasis on providing assistance and encouragement to those who are struggling.
Benedict Peters
Benedict Peters serves as the organization’s CEO. Aiteo Group is one of the country’s largest petroleum businesses.
With an estimated net worth of$2.7 billion, he is one of the business tycoons with interests in the oil sector in Nigeria.
Igho Sanomi
Igho Sanomi founded Cosmos AG Oil, one of the largest corporations in the nation, and has also served as the CEO for Talaveras’.
Through his multiple ventures in real estate, energy, mining, shipping, aviation, construction, and telecommunications,
He has been honored with the African Leadership Award. He was presented with the Humanitarian of the Year Award by Mode Men magazine in 2012.
Igho Sanomi has an estimated net worth f $2.1 billion.
