Top ten Richest men in Nigeria - Latest ranking

The Top 10 Richest Men In Nigeria 2017.

The World renowned ranking organization, Forbes, has released its list of richest people in Nigeria for 2017.
Full list below:

1. Aliko Dangote (Net Worth: $12.5 billion)
Aliko Dangote is the richest man in Nigeria, Africa and of course the richest black man in the world. In 2014, he ranked as the 24th richest man in the world but has since then fallen to positions below 100 due to Nigeria’s poor Naira.

2. Mike Adenuga (Net Worth: $10.5 billion)
Mike Adenuga is the second richest man in Nigeria with interest in Oil and Gas and telecoms. He is the owner of Globacom, Nigeria’s second biggest telecom operators and the chairman of Conoil.

3. Femi Otedola (Net Worth: $2.3 billion)
He is the CEO of Zenon Oil and Gas and Forte Oil Plc. He has interest in real estates amongst other sectors.

4. Folorunsho Alakija (Net Worth: $2.1 billion)
Folorunsho is a business tycoon who has interest in fashion,oil and printing industries. She is the richest Woman in Nigeria and the richest woman of the African descent in the world.

5. Theophilus Danjuma (Net Worth: $1.7 billion)
Former Nigerian Chief of Army staff between 1975 to 1979. He is the current chairman of Athlantic Petroleum.

6. Abdusalam Rabiu (Net Worth: $1.5 billion)
Abdusalam is the founder of the famous BUA Group. A conglomerate active in sugar refining, cement production, real estate and port operations. In September 2015, his Group signed a $600 million deal with a chinease cement equipment service provider Sinoma Internation Engineering to construct a second production line located in Edo State Niger Delta, Nigeria.

7. Tony Elumelu (Net Worth: $1.4 billion)
A philanthropist and founder of the Transcorp and Heirs Holdings. He was the chairman of United Bank for Africa.

8. Orji Uzor Kalu (Net Worth: $1.1 billion)
The former governor of Abia State. He is the founder and chairman of Slok Holding. A conglomerate with interest in shipping, banking, oil, trading, manufacturing and the media. He became a real business man at the age of 19 after being expelled from a Nigerian University for allegedly spearheading a series of student riots.

9. Jim Ovia (Net Worth: $1 billion)
Jim Oviah is the founder of Zenith Bank. He is the chairman and the largest shareholder with a stake of almost 10%. He also manages a mobile telecom Visafone which has over 3 million subscribers.

10. Oba Otudeko (Net Worth: $650 million)
Oba Otudeko is the Chairman and founder of the honey well group. He is also the chairman of FBN Holdings Plc. His operations spread across oil and gas, flour minning, real estate, and marine transportation.

Richest Nigerians of 2016

Top 7 Nigerian men who stand out among all others in financial strength.
In the instances where more recent data could not be obtained, ranking was based on information as of December 2015.
Below, in descending order, are Nigeria's richest men:
Aliko Dangote: $15.4billion
Aliko Dangote, 59, is easily the richest man in Nigeria. The billionaire, Chairman & CEO of Dangote Group, is also the richest man in Africa, as well as being the richest black African in the world.
READ ALSO: FG set to launch 'Made in Nigeria' e-portal
His company, which deals majorly in food processing, cement manufacturing, and freight operates in Nigeria, Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania, and Zambia.
He is currently ranked 51st on Forbes' list of world billionaires.
Mike Adenuga : $10.3billion
The 63-year old billionaire is a business tycoon, and he takes the spot as the Nigeria's second richest man behind Aliko Dangote. His major enterprise is telecommunications company, Globacom is Nigeria's second-biggest telecom operator which also operates in Ghana and Benin. He has interests in Conoil, and in the Equitorial Trust Bank.
Adenuga sits in 103rd on Forbe's 2016 list of world billionaires
Femi Otedola : $1.19billion
Femi Otedola, 54, is a businessman, entrepreneur, philanthropist. He is the chairman of Forte Oil Plc, as well as being the founder of Zenon Petroleum and Gas Ltd, and a number of other businesses across shipping, real estate and finance.
He is #1011 on Forbe's 2016 billionaire's list.
Samad Rabiu : $1.17billion
Abdulsamad Rabiu, 55, takes the fourth spot on the list of Nigeria's richest men. Founder and chairman of BUA Group, a privately-owned conglomerate, his wealth comes from the company's active sugar refinery, cement production, real estate, logistics and port concessions.
He is #1577 on Forbe's 2016 list of world billionaires.
Theophilus Danjuma : $750million
Theophilus Yakubu Danjuma is a 78-year-old Nigerian Army General and Politician. He is the founder of oil exploration company South Atlantic Petroleum (SAPETRO), which owns upstream assets in Nigeria, Republic of Benin, the Central African Republic and Madagascar. He owns real estate, has interests in a urea fertilizer company, and in NALComet, a Nigerian shipping company.
Ranked #30 on Forbe's list of 2015 wealthiest africans.
Jim Ovia: $550million
Jim Ovia, 65, is a Nigerian businessman. The bulk of his fortune can be traced to his interests in Zenith Bank which he founded in 1990. He is the bank's chairman and largest individual shareholder with slightly more than 9% stake. He is also into real estate and telecommunications. His telecoms company Visafone has about 3million subscribers.
Ranked #37 on Forbe's list of 2015 wealthiest africans.
Muhammed Indimi: $ 500 million
Number 7 on the list is Mohammed Indimi, a 68-year-old Nigerian businessman who founded Oriental Energy Resources in 1990. He still sits as chairman, and holds the highest shares in the privately held Nigerian oil exploration and production company. His value suffered a significant drop between 2014 and 2015, due to the fall of oil prices. He is now valued at $500million, suffering a $170million drop from the previous year.
He was #39 on Forbe's 2015 list of richest African men
Source: pulseng


AGE: 66
OCCUPATION: Oil Business
NET WORTH: $670 Million (2014)
Mohammed Indimi is the founder and chairman of Oriental Energy Resources, Limited. This
company has interest in the oil sector, especially in the Nigerian Upstream Oil and Gas sector. Mohammed Indimi founded his company in 1990 and has expanded the company’s portfolio that it now has assets in Offshore Nigeria. These assets include the Ebok Field (OML 67), Okwok Field (OML 67, and OML 115).
In the year 2014, Forbes listed Mohammed Indimi as the Africa's number 37th richest man.
AGE: 61
NET WORTH: $850 Million (2014)
Jim Ovia is the founder of Zenith Bank Group, a bank he is the largest individual shareholder with about 9.3% stake. He is also an investor in real estate across Nigeria. His other assets include Visafone, a mobile telecommunication outfit.
In August 2014, Jim Ovia commenced the construction of $1.5 billion petrochemical complex in Akwa-Ibom State Nigeria.Forbes listed Jim Ovia as the 30th richest man in Africa in the year 2014.
AGE: 55
OCCUPATION: Diversified
NET WORTH: $1 Billion (2014)
Orji Uzor Kalu is the chairman of SLOK Holding and the Daily Sun and New Telegraph newspapers in Nigeria, who served as the governor of Abia State, Nigeria from May 29, 1999, to May 29, 2007. Prior to his election, he served as the chairman of the Borno Water Board and the chairman of the Cooperative and Commerce Bank Limited. Kalu was also a member of the Progressive Peoples Alliance (PPA) and the chairman of the PPA Board of Trustees. He was the party's candidate for president in the April 2007 general election.
AGE: 52
OCCUPATION: Bussines tycoon: Investments
NET WORTH: $1 Billion (2014)
Tony O. Elumelu is an economist by training, a visionary entrepreneur and a philanthropist. Tony is the Chairman of Heirs Holdings, the
United Bank for Africa, Transcorp and founder of The Tony Elumelu Foundation. Elumelu holds the Nigerian national honours, the Commander of the Order of Nigeria (CON) andMember of the Order of the Federal Republic (MFR). In 2011
AGE: 55
OCCUPATION: Business tycoon: cement, sugar, flour
NET WORTH: $1 Billion(2014)
AbdulSamad Isyaku Rabiu CON is a Nigerian businessman. His father, Khalifah Isyaku Rabiu was one of Nigeria's foremost industrialists in the 1970s and 1980s. Abdul Samad is the founder and chairman of BUA Group, a Nigerian conglomerate with interests in manufacturing, infrastructure and agriculture with a revenue in excess of $2.5 billion. He is also the chairman of Nigerian Bank of Industry.
In 2013, Forbes estimated Abdul Samad's wealth at $1.2 billion, bringing him to the global billionaire's club.
AGE: 52
OCCUPATION: Chairman of Forte Oil Plc
NET WORTH: $1.06 Billion (June 2015)
Femi Otedola is a Nigerian businessman. He is Chairman of Forte Oil Plc, and appeared as one of only two Nigerians (alongside Aliko Dangote) to appear on the 2009 Forbes list of 793 dollar-denominated billionaires in the world, with an estimated net worth of over US$1.2 billion. Femi Otedola is the Nigerian President and Chief Executive Officer of Zenon Petroleum and Gas limited.
AGE: 72
OCCUPATION: Bussiness tycoon: oil
NET WORTH: $1.1 Billion (June 2015)
General Theophilus Yakubu Danjuma GCON FSS psc is a Nigerian Jukun soldier, politician andmulti-millionaire businessman and philanthropist. He was Nigerian Army Chief of Army Staff from July 1975 to October 1979. He was also Minister of Defence under Olusegun Obasanjo. Danjuma is chairman of South Atlantic Petroleum (SAPETRO).
AGE: 64
OCCUPATION: Business tycoon: oil and printing industries
NET WORTH: $2.2 billion(June 2015)
Folorunsho Alakija is a Nigerian businesswoman who has replaced Isabel dos Santos as the richest African woman, and also is the richest woman of African descent in the world. She is a business tycoon involved in the fashion, oil and printing industries. She is the group managing director of The Rose of Sharon Group which consists of The Rose of Sharon Prints & Promotions Limited and Digital Reality Prints Limited and the executive vice-chairman of Famfa Oil Limited. Alakija is ranked by Forbes as the richest woman in Nigeria with an estimated net worth of $2.6 billion As of 2015.
AGE: 62
OCCUPATION: Founder of Globacom, Chairman of Conoil
NET WORTH: $4.1 billion (June 2015)
Mike is a Nigerian business tycoon, and one of the richest black people in the world. His company Globacom controls Nigeria's second-largest telecom operator, he also owns stakes in theEquitorial Trust Bank and oil exploration firm Conoil (formerly Consolidated Oil Company). Forbes has estimated his net worth at $4.6 billion as of March 2013 which makes him second wealthiest Nigerian behind Aliko Dangote.
AGE: 58
OCCUPATION: Chairman & CEO of Dangote Group
NET WORTH: US$17.7 billion (June 2015)
Dangote is a Nigerian billionaire businessman, who owns the Dangote Group, which has interests in commodities. The company operates in Nigeria and other African countries, including Benin, Cameroon, Ghana, South Africa, Togo and Zambia. As of January 2015, he had an estimated net worth of US$18.6 billion.
Dangote is ranked by Forbes magazine as the 67th richest person in the world and the richest in Africa.[ He surpassed Saudi-Ethiopian billionaire Mohammed Hussein Al Amoudi in 2013 by over $2.6 billion to become the world's richest person of African descent.

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