SEOF has made a significant impact in the lives of numerous Nigerians through its projects and programs such as Youth Empowerment Programme, Health Service Programme, Infrastructure Development Programme, Widows Cooperative Programme, and Education Programme. He is the only son of Chief John D. Edozie, a former deputy governor of defunct Bendel State. Nicknamed Superman, Li Ka-shing is revered as one of the most influential businessmen in Asia and he is certainly the richest, worth $33.1 billion (25.82bn). He was born in England to Nigerian parents. Capitalising on wholesale closeouts, they bought merchandise for cheap and hit $700,000 in first-year sales, prompting them to open a new store every six months. Theophilus Danjuma is a retired general, billionaire and philanthropist. Danjuma was also able to prevent the Dimka Coup in 1976. Nigeria had three of the nineteen African billionaires who also occupied the first ten positions on the Forbes Africa billionaires list. Ellison moved to Chicago with his adoptive parents where he attended school. Jim Ovia is the man behind the success story of one of Nigerias top banks, Zenith Bank. Anchorage Leisures, a subsidiary of the Honeywell Group, owns Radisson Blu, which is a prominent waterfront hotel in Victoria Island, Lagos. Tony Elumelu is the Chief executive officer and Group managing director of the United Bank of Africa (UBA). Abdulsamad Rabiu was named Africas newest billionaire in Forbes November 2013 issue. Nigeria has, over time, proven to be richly blessed with highly intellectual individuals who, through hard work, creativity, and resilience, have dedicated themselves to the countrys economic growth. By 2000, she had a net worth of $800 million, making Winfrey the richest African American of the 20th century. Winfrey overcame a tough childhood, born to a teen mother in rural Mississippi and raised without indoor plumbing. Schultz was born in 1953 in Brooklyn, New York, and grew up in a public housing project. chairman new telegraph, List of Nigerian billionaires by net worth, Last edited on 25 February 2023, at 23:01, List of countries by the number of billionaires, "GIANT IN THE TROPIC OF AFRICA: Arthur Eze", https://en.wikipedia.org/w/index.php?title=List_of_Nigerian_billionaires_by_net_worth&oldid=1141613045, cement production, sugar refining and real estate, Chairman slok holding chairman daily sun chairman first international bank limited chairman new telegraph, Sugar, flour, cement, household consumables, Chairman Slok holding, Chairman daily sun, Chairman First International Bank Limited, Chairman New Telegraph, This page was last edited on 25 February 2023, at 23:01. You come up against an obstacle and you have to find a way of moving forward. Danjuma rose through the ranks from his rookie position as a second lieutenant to become a General. Femi Otedola has real estate properties in different parts of the world. Jae C. Hong/AP. 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. The billionaire also has interests in other business ventures, which largely contributes to his net worth. With its activities only limited to Nigeria, DSF empowers and provides access to education to children and youth who came from humble backgrounds. Get the latest money-saving tips, expert strategies for boosting your wealth and generally-useful financial info sent straight to your inbox by entering your email address below. Thomas Peterffy has a net worth of $20.3 billion (15.9bn) and is the richest person in the state of Florida. Name Citizenship Net worth Sources of wealth . Always an avid sports fan, in 2000 Bisciotti bought 49% ownership of the Baltimore Ravens. He is the co-founder and chairman of Seplat Petroleum. 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. A post shared by Hakeem Belo-Osagie (@hakeembelo.osagie). In this post, well take a look at the 20 richest individuals in the country. After serving in World War II, Murdock found himself homeless with little more than a dollar to his name. Jimoh Ibrahim is a politician, lawyer, businessman, and philanthropist with a net worth of $1.1 billion. The business mogul had to work hard to get where he is today though. Alakija is the vice chair of Nigerian oil . She also has investments in real estate which is said to be worth over $100 million. 4. This firm would later metamorphose in to what is now known as the Dangote Group. Peters previously worked with Aliko Dangotes younger brother, Sayyu Dantata, at Ocean and Oil, now known as Oando PLC, before establishing his own petroleum industry. 5. Currently, He is the chairman of the multi-billion naira company, which has become Nigerias leading food, manufacturing, mining, and infrastructural conglomerate. In 2015, the Board of Leadership Newspapers named him Businessperson of the Year. All Rights Reserved. Meet Helen Pauls Husband Femi Bamisile and Children. He is the cousin of Afrobeats star, Davido. This trained orthopedic and trauma surgeon left the healthcare sector to pursue his interest in a business which is oil and gas. Emeka Offor is a Nigerian serial businessman, oil magnate, and philanthropist. Ever the grafter, Bisciotti had part-time jobs mowing lawns, babysitting and and pumping gas throughout his teens before going off to college at nearby Salisbury State University. After dropping out of college and a stint in the army, Lauren started work as a sales assistant at Brooks Brothers department store. To date, the company has developed over 60 million square feet of land. Furthermore, one of the subsidiaries, BUA Cement, trades in Nigerias stock exchange, wherein Abdul Rabiu owns 98.5% of its stock. He is the founder of SIFAX Group of Companies. Harold Hamm is the 100th richest person in the world and is worth $14.1 billion (11.1bn), due to his lucrative company Continental Resources, which produces more than 200,000 barrels of oil a day and is known for pioneering horizontal drilling and hydraulic fracturing (better known as fracking) in the Bakken region of North Dakota. Looks like that email address is already registered. Kamprad bought matches in bulk from capital Stockholm to sell to his neighbours . Read the Complete Part 1 in His Site:www.josephintro.com. This investment is said to be worth over $9 billion and it is expected to be completed by 2019. The Nigerian oilman sits atop Atlas Oranto Petroleum, a West African exploration company which owns several producing and non-producing oil and gas assets across Nigeria . His net worth is estimated at $550 million, according to Forbes. The following are the top 10 songs released in the month of November by Nigerian artistes. Some of which include 100 million donations to the fight against child malnutrition in Nigeria (2007), N200 million donations to the presidential library, N50 million donations to the National Mosque, among many others. Schultz said he wanted to build the kind of company that my father never got a chance to work for, in which people were respected.". 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. He owns a holding company, Premium Telecommunications Holdings, which has a significant stake in Mubadala Development Company and the Etisalat Group. Iwant to be like DANGOTE, please connect me with ALIKO DANGOTE. Benedict Peters is the founder of Aiteo Group, a conglomerate with primary interest in energy. He received his Bachelors degree at the Northwestern Oklahoma State University after which he went on to obtain a Masters degree at the Pace University in New York. Shanty Town Or Blood Sisters, Which Is Nigeria Best Netflix Series? In 1986, he won National Merit Award by General Ibrahim Babangida. The grandson of Italian immigrants, Langone's father was a plumber, and his mother ran an elementary school cafeteria. Self-made investor Ken Langone is now worth $3.6 billion (2.8bn). 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. He is the owner and Chairman of The Chrome Group, a company he established in 1994 that employs over 800 staff members. Sorry, something went wrong. Diego Armando Maradona Maradona was among the rags to riches football stars . Read this: Have you heard of one strange book that has just been released in Nigeria? Born in Beijing in 1965, during the Cultural Revolution, Xin grew up with her mother after her parents divorced when she was five. Who Is The Better Singer Between Asake And Seyi Vibez? Arthur studied chemical and mechanical Engineering at the California State University. Net worth: $1.2 billion. Alas, the optimism fizzled out faster than the W Her son recently got married in a ceremony that was reportedly lavish. Another DJ on the list is Florence Ifeoluwa Otedola also known as DJ Cuppy or Cuppy. He is also known for his philanthropic contributions. No less than 10 African countries boast billionaires, the report says. With at least 36 oil acreage, it is the largest holder of oil exploration blocks in Africa. Peterffy was born in Budapest, Hungary in 1944 in a hospital basement during a Russian air raid. Sheldon Adelson is at number 21 on the Forbes Billionaires List 2018 with a fortune of $38.5 billion (30.2bn). Although Dangote was born into a wealthy family, he hasnt rested on his soars due to his familys riches. The richest region in Nigeria is the southeast region because they have the highest GDP per capita, also they have far less youth unemployment in Nigeria despite being marginalised. A PRACTICAL GUIDE ON HOW TO SIGNIFICANTLY IMPROVE YOUR CREDIT SCORES IN 30 - 60 DAYS. The company has over time expanded to many subsidiary companies, including Chrome Oil Services, Kaztec Engineering Ltd, Global Scan systems Technology Limited (GSTL), Enugu Electricity Distribution Company, Inland Containers Nigeria Ltd, Blaze 91.5 FM, Kiss 99.9 FM, Nimek Investment Ltd, Starcrest Nigeria, Global Scan systems Limited (GSL), Interstate Electrics Ltd, and Kingsbury Trading Ltd. On the side of Philanthropy, the oil mogul created Sir Emeka Offor Foundation (SEOF) in the early 1990s, a non-governmental organization that oversees the welfare of the less-privileged in society. His sojourn in business started when he successful ran the family's printing business in the 1980s. Femi Otedola is the founder of Zenon Petroleum and Gas Ltd, and the owner of a number of other businesses across shipping, real estate and finance. After borrowing $900 from a good Samaritan he bought a diner in Detroit and flipped it for a tidy profit. A post shared by Blindspotng (@blindspotng). A post shared by Onu Ndi Igbo (@voiceoftheeast). Once there, Langone worked as a caddy, butcher and ditch digger to stay afloat. Kering now owns fashion brands Saint Laurent, Alexander McQueen and Stella McCartney, to name a few. Yet the founder of one of the most powerful companies in the eyeglasses market rose from humble beginnings to make it to the top. Free subscription Get the hottest stories from the largest news site in Nigeria. Forte said its shares rose in 2014 due to new investments in power generation and distribution. He is the founder and CEO of Interactive Brokers, a leading securities firm boasting over $6 billion (4.7bn) in equity capital. Their Ivy-league educated daughters, Linda and Esther, work alongside their mother in merchandising. 12. Having amassed a net worth of $3.7 billion, Cletus M. Ibeto holds his own as one of the richest men in Nigeria. At the beginning of his career, Lalibert had fire in his belly literally. Required fields are marked *. He is the chairman of Forte Oil Plc, a major importer of fuel products. 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. Two years later, Troutt merged his company with Teleglobe in a $3.5 billion. Reinvested, the profits from her show add up to nearly $2 billion (1.56bn). Below are some of the awards and honors he has received over the course of his career and business ventures. What he lacked in funds he made up for in determination, paying his way through Southern Illinois University by selling insurance alongside studying. He may have worked with world leaders, but now Nigerian billionaire investor Tony Elumelu is focusing on those yet to turn their business dream into reality. This Nigerian billionaire was so poor at some point his in-law shot him for asking to marry their daughter Emmanuel Abara Benson December 19, 2021 10:32 AM How Cosmos Maduka overcame poverty. Abdusalam through the BUA foundation was also involved in the construction of the Centre for Islamic Studies at the Bayero University, Kano. The pair moved to the US from South Korea in 1981 with not much more than a high school education. They started from the bottom, but their hard work has paid off. 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. He also freed Jaja Wachuku from detention by the Ojukwu government towards the end of the civil war. He has donated more money than any other living Russian, giving away $2.5 billion (1.9bn) to the Chukotka region. A. With a net worth estimated at $670 million, Jim Ovia also made it to our list of the richest men in Nigeria. Of. Read more about Oprah's incredible rags-to-riches story, Ellison dropped out of college and had a few jobs before starting his first software company SDL in 1977 with two business partners. Dr. Emmanuel I. U. Ojei is a highly successful industrialist and investor who serves as the Chairman and managing director of Nuel Ojei Holding Limited. Her 25.5% of the network is worth about $75 million (58m) and Winfrey also owns an 8% stake in Weight Watchers, acting as their brand ambassador. Her oil company, Famfa Oil Limited was founded in 1993 is said to generate Folorunso Alakija at least $10 million daily in profit. 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. With an estimated worth of $1.4 billion, Tony Elumelu is one of the richest men in Nigeria. Taaooma Biography: How Old is She and What is Her Net Worth? 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