Top 50 Business Men in Nigeria, Their Net worth, and Businesses : Study Driller

Top 50 Business Men in Nigeria, Their Net worth, and Businesses

Filed in Information Guide by on February 28, 2020 0 Comments

Top 50 Business Men in Nigeria, Their Net worth, and Businesses.

“Money makes the world go round”, says a popular phrase. Being in the shoes of great moguls can be a dream to some and a fantasy to many. Rating the top 50 richest business men in Nigeria is no easy task but I will do justice to those who have made real impacts in the Nigerian business environment. Also, I will let you into their businesses and net worth. Please, note that the list below is in no particular order.

Top 50 Business Men in Nigeria, Their Net worth, and Businesses

Top 50 Business Men in Nigeria

  1. Aliko Dangote

Dangote is Forbes richest black man and owner of Dangote Group.  Alhaji dangote as of 2017 was worth at least $14.2b

  1. Dr Mike Adenuga

Adenuga is the Chairman, Globacom Telecom Company, Equitorial Trust Bank, Conoil among others. The humble billionaire is said to be worth $5.80b as of 2017.

  1. Jimoh Ibrahim

Jimoh Ibrahim is the Chairman of Global Fleet as well as Nicon Group. Nicon Group is one of the largest Insurance Companies in Africa. Jimoh Ibrahim is estimated to be worth about $1.1b.

  1. Late Sanusi Dantata

Sanusi is the largest buying agent of groundnut and cement and Grandfather of Aliko Dangote. He is the man who is greatly influential to the wealth of Africa’s riches man, “Aliko Dangote”. He is said to have mentored the later and given him N500, 000 as loan minus other settlement pay in 1976.

  1. Harry Ayoade Akande

Politician and Business man Harry Akande Known as the richest man in Nigeria before aliko dangote came along is said to be worth well over $2b.

  1. Pascal Dozie

Pascal Dozie is the founder of Diamond Bank, MTN Nigeria Ltd among other companies. The rich business man is worth about $1 b.

  1. Late Gen Sani Abacha

Regarded as one of Africa’s richest dictator at $3.2b Former Head of State of Nigeria amassed a fortune while in office through business he handled.

  1. Rtd Gen Ibrahim Badamosi Babangida

Former Head of State and foremost politician has a net worth of $50b.

  1. Umaru Abdul Mutallab

Former chairman of First Bank Plc and mutallab group is reported to be worth at least $3.2b as of 2015.

  1. Ifeanyi Ubah

Capital Oil and Gas chairman who has a passion for sport and youth development is worth over $ 1.8b

  1. Alhaji Shehu Dantata

A member of the Dantata Group relation of aliko is also worth about $670m

  1. Femi Otedola

Chairman of AP and owner of Zenon Oil and Gas is worth about $ 550m as of 2016

  1. Olorogun Michael Ibru

The man behind the wealth of the Ibru Family, Olorogun has a net worth of $30m

  1. Chris Uba

Uba is Business man and political Godfather whose net worth is well over $300m.

  1. Oba Otudeko

Honeywell Group chairman is worth $850 m as of 2017

  1. Olusegun Obasanjo

Former president of Nigeria, rumored to be worth about $20b

  1. Late Maryam Babangida

Maryam is the Wife of former president Babangida and till her death, she was worth about $450m.

  1. Andy Uba

Uba is a Business man and politician. He owns a lot of properties in Abuja valued at N4bn each.

  1. Atiku Abubakar

Atiku Abubakar is a former vice President of the federal republic of Nigeria. He is a reputable Nigerian politician who is have an estimated net worth value of about $1.4b.

  1. Hajiya Dr Mariya Dantata

Mariya is a business woman whose financial status is undisclosed.

  1. Chief Rasaq Okoya

Chairman of the Eleganza Group is worth at least $3.2b.

  1. Cosmos Maduka

Cosmos Maduka is the owner of Coscharis Group. His company is the sole distributor of BMW cars and Ford vehicles in West Africa. He is estimated to be worth at least $800m.

  1. Pastor Enoch Adeboye

Another influential Nigerian is Pastor Enoch Adeboye, the General Overseer (GO) of the Redeemed Christian Church of God (RCCG). He is worth at least $65 m

  1. Alhaji Sayyu Dantata:

Alhaji Sayyu Dantata is the Founder, MRS Group. He is currently the owner of Chevron Nigeria and Texaco, two petroleum companies he acquired for an undisclosed amount.

  1. Antonio Deinde Fernandez

Nigerian business man in Diaspora and gemstone dealer who is worth around$ 8.7b

  1. Late sir Mobolaji Bank Anthony

A business man who had over ten companies

  1. Peter Odili

Former Governor of oil rich state owns a jet. His net worth is undisclosed.

  1. Bayo Ligali

MD/CEO Zain Nigeria also control shares in major companies is worth about $10b.

  1. Bola Ahmed Tinubu

Former Governor of Lagos state and politician is worth about $10b

  1. Raymond Dokpesi

Owner of AIT, Daar communication, Ray power is worth $50 m

  1. James Ibori

Former Governor of Delta state and business man is worth at least $ 5.7b

  1. Chief Cletus Ibeto

Founder and owner of the Ibeto Group is reported to be worth at least  $3.7b

  1. Otunba Subomi Balogun

Chairman, First City Monument Bank is worth well over $6b.

  1. Fola Adeola

Founder, GTBank is reported to be worth $150m

  1. Gabriel Osawuru Igbinedion

Okada Group chairman and royalty Igbinedion is worth $30m

  1. Jim Ovia

Founder of Zenith Bank, Visafone Telecom is said to worth about $950 m

  1. Dele Fajemirokun

Chairman Aiico Insurance, Xerox Nigeria, Chicken Republic, Kings Guards among other companies has made a fortune for himself with a net worth of about $ 3.2 b as of 2015.

  1. Late Yinka Folawiyo

Chairman of Folawiyo Group was reported to be worth about $650 m

  1. Chief Molade Okoya Thomas

Chairman CFAO Nig. and other French companies in Nigeria is worth $3.2 b

  1. Umaru Dikko:

Politician and real estate business man is worth about $7b

  1. Buba Marwa

Former military Governor of Lagos state is worth $5b

  1. Late M.K.O Abiola

Business man and politician was valued at $5 b

  1. Sir Emeka Offor

Chrome Group boss and ERHC Energy inc chairman is worth around $ 5b.

  1. Wale Babalakin

Chairman of Bi-Courtney and a lawyer with babalakin and co is worth about $ 120m.

  1. Rochas Okorocha

Business man, philanthropist and presently, the governor of Imo State, is worth over $ 1.4 b

  1. Abdulsamad Rabiu

Chairman bank of industy/CEO, BUA Group is worth $1.6b

  1. Late Augustine Llodibe

Transport Magnate, Ekenedili Chukwu has a net worth of around $3.7 b

  1. Tony Ezenna

Chairman of Oranges Drugs Group is worth around $1b.

  1. Tony Elumelu

MD/CEO UBA Group and philanthropist has a net worth of $1 b as of 2014

  1. Chief Ade Ojo

Chairman of Elizade Nig Ltd, distributor of Toyota cars is worth about $600m

  1. Prince Samuel Adedoyin

Doyin Group boss is said to have a net worth of about $ 18.6b as of 2015

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