Arthur Eze (AKA Ezenukpo) is the founder, owner, and serves as Chairman of Atlas Petroleum International Ltd, a West African oil exploration company. An oil and gas dealing firm. Some of the world's wealthiest entrepreneurs were born dirt poor. He heads a worldwide group of companies whose scope of activities remains diverse and includes Construction, banking, importation, sales, and services of motor vehicles and Oil. Alakija is the vice chair of Nigerian oil . The combined wealth of Nigeria's five richest men - $29.9 billion - could end extreme poverty in that country according to a new report published by Oxfam today. The Harvard-educated businessman was the chairman of the United Bank of Africa from 1998 to 2004 and has been involved with the government, especially in the energy sector. Here's the complete list of the richest entrepreneurs in Nigeria. Ive seen it myself. Emmanuel Ojei is the chairman of Nuel Ojei Holding Limited. 1 . By 1982 he became director of marketing for Starbucks and was then CEO from 1986-2000. With his partner he created the world's leading scaffolding company. In 1997, Koum was hired by Yahoo! Encouraged by his parents, Schultz got a place at Northern Michigan University via an athletic scholarship. His business interests include construction, banking, importation, sales and service of motor vehicle and oil. Born in Philadelphia in 1960, Bisciotti was the youngest of three children to parents Bernard and Patricia. He was responsible for leading Zenith Bank to become one of the largest and most profitable banks in the country. 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. In February, the European Bank for Reconstruction and Development revised its forecasts for Egypt's growth this year to 4.3%, down from its previous projection of 5%. 1. Age: 55 years (as of 2023) Source of wealth: Investments in hospitality, insurance, transportation, oil, gas, and real estate. The Allegis Group, which Aerotak is part of, is now a $10.8 billion (8.5bn) company, with nearly 500 offices worldwide. His sojourn in business started when he successful ran the familys printing business in the 1980s. In 1988 Kenny Troutt founded long-distance phone company Excel Communications and in 1996 Troutt took the company public. Leon Charney made more than a billion dollars from real estate investments, especially in properties around Manhattan's Times Square. But the founder of the preppy all-American clothing empire grew up in less than comfortable surroundings. Frank Lowy has a net worth of $5.8 billion (4.6bn) and is the 296th richest person in the world. Jim Ovia is also the chairman of the Nigerian Software Development Initiative (NSDI), Cyberspace Network Limited and the National Information Technology Advisory Council (NITAC). But sadly it wasnt enough and he was sent to foster care and wound up in a gang, before finding an olive branch in the form of the military. Its operations are spread out across Africa in countries such as Zambia, Cameroon, Ghana, Togo, South Africa, and Benin. 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. Listed in no particular order, these are billionaires and multi-millionaires; all figures are in US dollars. As of January 2023, Forbes estimation of Abdul Samad Isyaku Rabius net worth is pegged at $7.6 billion. They started from the bottom, but their hard work has paid off. 1 is fortune completely inherited and the billionaire doesn't make any effort to significantly grow it, like Rockefeller and 10 being raised in extreme poverty or similar difficulties, like Oprah. Honorary citizenship in the U.S. State of Georgia, 2006- Certificate of Merit Award for Humanitarianism by Lifeline Care Association, 2013- Nigeria Advancement Awards honored him as the Oil and Gas Man of the Year, 2015- Martin Luther King Legacy Award for Service and Philanthropy, 2006- African Business Leader of the Year, 2008- He won the African Banker of the Year by African Banker Magazine, 2012- National Honour of Commander of the Order of the Niger (CON), 2016- He was conferred a Lifetime Achievement Award, 2010- Recipient of the African Business Leadership Award, An honorary doctorate award in business administration from Crescent University in Abeokuta, He is a Goodwill Ambassador, Honorary Citizen of the city of Houston, and Honorary Consul of Barbados. Thanks to his net worth of $2.7 billion, Benedict Peters makes it to the list of the richest men in Nigeria. Fashion designer Ralph Lauren has an estimated wealth of $6.2 billion (4.9bn) and comes in at number 281 on the Forbes Billionaires List of 2018, making him one of the richest clothing moguls on the planet. Their net worth totals $161.7bn, up 12.4% from $143.8bn on Ventures Africa's first list in 2013. He has donated more money than any other living Russian, giving away $2.5 billion (1.9bn) to the Chukotka region. Nigerians Drag Davido On Twitter For Liking Video Accusing Labour Party Of Rigging Election, I wan send d boy 1m Davido Promises To Gift Keke Rider One Million Naira For Flooding Tricycle With His Pictures (Video), Shege Don Tire Me, I Am Voting For A New Nigeria Falz, Nigeria Albums To Be Released In 2023 [Pt.1], Your email address will not be published. Sadly, because his family was so poor, Del Vecchio, along with his siblings, was sent to an orphanage. Telecommunications genius and self-made billionaire Kenny Troutt has now retired but not before making a cool $1.4 billion (1.09bn) fortune. Jimoh Ibrahim - $1.1 billion. He has been involved in many political activities in the course of Nigerias history. In 1990, his company which was then known as Consolidated Oil received a drilling licence and in 1991 they struck oil. In 2009 Koum co-founded real-time messaging app WhatsApp. In 2017, he appeared on BusinessDay Newspapers list of 50 Most Influential Nigerians. Walmart Founder Samuel Walton, WhatsApp Co-founder Jan Koum, Carnegie Steel Founder Andrew Carnegie, and many other global. Olamide Vs Dagrin Who Is The Best Yoruba Rapper Of All Time? Lynxxx was the first Nigerian artist to be endorsed by the global brand, Pepsi. Lulu-Briggs and Sani Bello - have oil as one of their sources of income, while come combine oil and telecommunications as well as other self initiatives as the Forbes list shows. Although Dangote was born into a wealthy family, he hasnt rested on his soars due to his familys riches. He is the founder of the 2nd largest cellular phone company in Nigeria, Globacom. One day, Lowys father Hugo disappeared; Lowy would later find out that he had been taken to Auschwitz and killed. 2012- Philanthropist of the Year award by the Nigeria Union of Journalists (NUJ), Anambra State Council, 2012- He received the Dr. Alex Ekwueme Award of Excellence for his outstanding contribution to Education in Nigeria and Africa through his foundation, SEOF, 2013- The Nigerian Library Association (NLA) conferred on him the Eminent Service Award, 2016- International Service Award for a Polio Free World by the Rotary International. Net worth: $42.2 billion. Abdulsamad Rabiu was named Africas newest billionaire in Forbes November 2013 issue. Oriental Energy reportedly produces an average of 19,000 barrels of oil per day from 27 producers wells. He is the chairman of Forte Oil Plc, a major importer of fuel products. When John Paul DeJoria was a child he sold Christmas cards and newspapers to support his family. A post shared by Femi Ote (@femiotedola). Taaooma Biography: How Old is She and What is Her Net Worth? [1], chairman daily sun Its a true revelation. It reveals how the benefits of economic growth have been captured by a wealthy elite . A post shared by ACT Foundation (@actfoundation_). 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. In 1995, Xin and her husband founded property development company SOHO China. This survey shows that that 69 percent of the population fits the "Nigeria poverty profile," and that poverty and inequality have increased since 2003/2004. He built a 100 unit worth N700 million modern residential estate in Enwang. Winfrey overcame a tough childhood, born to a teen mother in rural Mississippi and raised without indoor plumbing. The billionaire started as a soldier, having served in the Nigerian Army. Nigeria The combined wealth of Nigeria's five richest men - $29.9 billion - could end extreme poverty in that country according to a new report published by Oxfam today. The event took place in England and it was estimated to have cost N2 billion. Benedict Peters is the founder of Aiteo Group, a conglomerate with primary interest in energy. He also donated N80 million to the faculty of Agriculture at the University of Port-Harcourt. His Quantum Luxury Properties include a five-star, 150-bed Marriott hotel in Lagos. After borrowing $900 from a good Samaritan he bought a diner in Detroit and flipped it for a tidy profit. According to Forbes, he is worth $1.1 billion. One of them, Florence Otedola popularly called DJ Cuppy is a DJ and music producer. Dejoria was, at some point in his life, homeless. In the late 1980s he started his casino business and began to make serious money. He trained as a surgeon but after a while, he left the healthcare sector to pursue his business interests. With a net worth of over $12billion in 2018, Aliko Dangote is the richest man in Nigeria and entire Africa. A post shared by Hakeem Belo-Osagie (@hakeembelo.osagie). He is also the 67th richest person in the world. Forbes 30 Under 30: Meet Omoha Nduka, 25-Years-Old Nigerian real Estate Billionaire Omoha Nduka John is an award winning Nigerian real estate entrepreneur, investor and philanthropist. A post shared by Senator Orji Uzor Kalu (@oukgram). 2019-International Humanitarian Award by Young Foundation Incorporated, Atlanta, and Georgia. This was the beginning of his lifelong career in the business. Born in 1933, Adelson grew up in Dorchester, a notoriously rough part of Boston. The study looks at the economic and social backgrounds of the winners of the BBNaija show in order to show that they were average Nigerians. He received the second licence in 2003 and ever since then his telecoms company which is fully indigenous has grown rapidly. Apart from her wealth, Folorunso Alakija is known for her philanthropic activities. Theophilus Danjuma amassed his mouth-watering fortune from shipping and petroleum. A post shared by ENG PRINCE Arthur Eze (@prince_arthur_eze). He is a director at Standard Global Services Ltd and ADIC. Bryant Orjiako popularly known as ABC Orjiako had an interesting career path prior to becoming a billionaire. The companys subsidiaries include Maritime Associates International, United Property Developers, Yinka Folawiyo Petroleum, Folawiyo Energy Limited, Enyo Retail and Supply, and Enyo Retail and Supply. Langone is a philanthropist and in 1999 donated $10 million to NYU's part-time MBA programme and $200 million (155m) to the university's medical centre in 2008. as an infrastructure engineer where he worked for nearly nine years before leaving aged 30 with enough cash to launch his own business. His father was a truck driver and the family were poor. The Niger delta is a vast low-lying region through which the waters of the Niger River drain into the Gulf of Guinea. Topping the list as the richest man in Nigeria, Aliko Dangote is today worth a jaw-dropping net worth of $13.4 billion. A post shared by Billionaires.Africa (@billionaires.africa). Open Bank Account Best Banks 2023 Lowy was born in Slovakia, then Czechoslovakia, in 1930. The Dangote Group is a major force in the sugar and cement market in Nigeria and Africa. At the beginning of his career, Lalibert had fire in his belly literally. His humanitarian services have also gone ahead to earn him some prestigious awards. Over the years, this businessman has mastered the art of producing these commodities locally. Nigeria had three of the nineteen African billionaires who also occupied the first ten positions on the Forbes Africa billionaires list. He is also well notable for being the chairman of Etisalat, Nigerias fourth-largest mobile telecom network, with more than 18 million subscribers. After a stint in the army and as a journalist, he became an entrepreneur and had various businesses, selling toiletry kits and running a charter tours business. The company owns gas/petrol stations and fuel storage depots and manufactures its engine oils. Mike Adenuga ($7.7 billion) Adenuga is the third richest African and second most affluent Nigerian with a net worth estimated at $7.7 billion. The foundation sponsored the construction of the paediatric ward at the Aminu Kano Teaching Hospital. His Li Ka Shing Foundation has donated more than $2.6 billion (2bn), with over 80% going to the Greater China region. Igho is the chairman of several companies and he is the Executive Director of Cosmos oil AG and the founder/chairman of Taleveras, an energy trading company. Both Brothers are sons of late Professor Moshood Abiola Peller, a Nigerian magician and one of Africas most renowned magicians. A post shared by FINT | Alternative Lending. Arthur Eze. Li was forced him to leave school and work 16-hour days in a plastic factory to support his family. . A post shared by Blindspotng (@blindspotng). David Murdock, worth $2 billion (1.56bn), is the chairman of privately-held Dole Food Products and Castle & Cooke. Abdusalam through the BUA foundation was also involved in the construction of the Centre for Islamic Studies at the Bayero University, Kano. Characteristic landforms in this region include oxbow lakes, river meander belts ( see meander ), and prominent levees. Aliko Dangote is currently worth over $12.5 billion. In 2016, the company recorded annual revenue of annual $57.71 million. With a 39% stake in the company, Ellison soon became a billionaire. Otedola has 3 daughters, two of which are well known in the entertainment circles. Xin went on to study at both Sussex and Cambridge universities before landing a job at Goldman Sachs, where she worked in floating Chinese factories on the public stock exchange. He was the chairman of the United Bank of Africa between 1998 and 2004. Aliko Dangote, I did not see adeleke,dantata and my self, I did not see adeleke he his richer than otedola na, It is only God knws the position of my father. Naetochukwu Chikwe, known as Naeto C is a Nigerian rapper, Afrobeat singer and Producer. John Paul DeJoria has a net worth of $2.5 billion (1.95bn). Orji Uzor Kalu was a student activist during his time at the University of Maiduguri and was involved in the Ali Must Go riots. 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