He is the founder and CEO of Nigerian Finder.com. Also, he has awarded over 100 scholarships to Ondo State indigenes. With his partner he created the world's leading scaffolding company. The 95-year-old has also donated heavily to longevity research and vows to live until he is 125. Cletus Ibeto has become a household name not just in Eastern Nigeria but the entire country. In Australia, he reunited with his family and, in 1953, he met fellow immigrant John Saunders and together they started developing shopping centres across Australia and around the world. Looks like that email address is already registered. Lists 2022. 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 is the founder and chairman of Cosmos AG oil. In this post, well take a look at the 20 richest individuals in the country. Stephen Bisciotti has a net worth of $4.2 billion (3.3bn). All Vecchios hard work and work experience paid off and at 25 he went on to open his own moulding shop. The popular Ibeto Hotels is one of his business interests. Folorunso Alakija made headlines a few years ago when she unseated Oprah Winfrey to become the richest black woman in the world. 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. Arthur Eze is one of the wealthiest men in Africa. Among many others, he founded the Joseph Agro Foundation, a foundation that focuses on improving the lives of the farmers, especially those living in rural areas. Taaooma Biography: How Old is She and What is Her Net Worth? The billionaire also has interests in other business ventures, which largely contributes to his net worth. In 1990, his company which was then known as Consolidated Oil received a drilling licence and in 1991 they struck oil. But Nigeria leads the way with 20, more than twice as many as any other nation here. Kamprad bought matches in bulk from capital Stockholm to sell to his neighbours . Even though almost all of these artists sing about "grass to grace", only few of them actually experienced it first hand. He eventually won a scholarship to study in France despite speaking no French and having very little money. Some of his other companies are CentreForce Limited, Forte Oil, Zenon Petroleum and Gas Limited, Swift Insurance, Gegeru Power Plc, and others. 8. On "third base," with inherited wealth over $50 million, sit 7 percent of America's 400 richest. He started as a rapper in secondary school. The company was one of the Nigerian companies that secured an oil-lifting contract in the federal governments bid through NNPC operating in Asia, Europe, and Africa. His mother Frieda was an artist, his father Frank was a house painter and money was tight. According to the recently released Forbes list in 2017, Mike Adenugas net worth is estimated at $5.8 billion and he is the third richest person in Africa. Top 20 Richest Men in Nigeria (2023, Forbes), Top 10 Richest Farmers in Nigeria in 2022, Top 10 Richest Civil Engineers in Nigeria in 2022, Top 10 Richest Lawyers in Nigeria in 2022, Top 10 Richest Businessmen in Nigeria in 2022, Top 10 Richest Politicians in Nigeria in 2022, Top 10 Richest Celebrities in Nigeria in 2022, Top 10 Richest Bloggers in Nigeria in 2022, Top 5 Richest Senators in Nigeria in 2022, Top 5 Richest Hausa Men in Nigeria in 2022, Who Is the Richest Pastor in the World? A post shared by ACT Foundation (@actfoundation_). Peterffy was born in Budapest, Hungary in 1944 in a hospital basement during a Russian air raid. Abass is a seasoned freelance writer and internet marketer. 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. Below are some of the awards and honors he has received over the course of his career and business ventures. This group is one of the largest conglomerates in Nigeria with interests in Agriculture, Food processing, Maritime, Real Estate and the Transport industry. He is also the 67th richest person in the world. Orji Uzor Kalu owns a foundation that provides scholarships for undergraduates and anti-malaria treatments to his community. FORBES counts only two female billionaires in Africa: Angola's Isabel dos Santos - Africa's richest woman with a $3.2 billion fortune, and Nigeria's Alakija. His journey into becoming a billionaire began when he established a small trading firm in 1977. Thankfully they disagreed and his parents mortgaged their house so that he could study economics at Bucknell University. 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. Persons who achieved great success in politics, diplomacy and business in Africa can get such an award. On "second base," households wealthy enough to run a business big enough to generate inheritances over $1 million, the new UFE study found another 11.5 percent. Here are 21 people who started off life poor and went on to become billionaires: Guy Lalibert was a fire-eater before founding Cirque du Soleil. The Niger delta is a vast low-lying region through which the waters of the Niger River drain into the Gulf of Guinea. His fortune grew from $670 million in 2012 to $7.6 billion this year 2023, and he has remained a force to reckon with in the world of business across the globe. Nigerian billionaire Abdul Samad Rabiu says it's time for African countries to work together to create a food value chain across the continent, and produce more goods for domestic consumption. He sits or has sat on boards of prestigious firms, including Fan Milk Plc, Airtel Nigeria, Honeywell Group, First Bank of Nigeria, Eco Bank, and Guinness Nigeria Plc. Naetochukwu Chikwe, known as Naeto C is a Nigerian rapper, Afrobeat singer and Producer. This is where he learnt to make clothes by hand. Born in Kano in 1960, Abdusalam Rabiu is one of the richest men in the country thanks to his investment in the BUA Group. 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.". 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. The company has grown to become a leading global energy and services company with interests in oil, telecommunications, maritime, aviation, and real estate. Borno will be more beautiful than Dubai. (@fint_ng). The entrepreneur mints a steady income from his oil production and telecom businesses. After dropping out of college and a stint in the army, Lauren started work as a sales assistant at Brooks Brothers department store. He is the founder and CEO of The Ibeto Group, a group of companies that have interests in automobile spare parts, cement production, energy, hospitality, petrochemicals, and real estate. Lauren, the youngest of four siblings, was born and brought up in the Bronx, New York City, to Ashkenazi Jewish immigrants. Mike Adenuga had his primary and secondary education in Nigeria before proceeding to the United States to study Business Administration. He owns several hotels across Nigeria under the Ibeto Hospitality brand. He is the patron of a famous South African artist William Kentridge notable for his animated films, drawings, and paints. (See the Top 10), 5 Richest Oil Producing States in Nigeria, Private Jets in Nigeria & Their Owners 2023, Richest Musicians in the World: 2023 Top 10, 10 Richest Kings in Nigeria & Their Net Worths (2023), 10 Richest Female Artistes in Nigeria & Net Worth. He was responsible for leading Zenith Bank to become one of the largest and most profitable banks in the country. His acquisition of the large oil company Sibneft created the vast majority of his wealth. Born in Lexington, Oklahoma in 1945, Hamm was the youngest of 13 children. His father, Kuru Danjuma was a peasant farmer and metal trader. Trained as a lawyer, Hakeem Belo-Osagie is also a graduate of the prestigious Harvard Business School. Here are some of the unbelievable revelations in the book: 3. He is the chairman of the Yinka Folawiyo Group, a large conglomerate with interest in energy, agriculture, shipping and real estate. Danjuma had a very humble beginning. Cheung Kong Plastics, named after the Yangtze River, was started with $6,500 in savings and loans from relatives, but he eventually moved into real estate. Besides his companies, he has investments spread across various sectors in the country and beyond. Over the years, this businessman has mastered the art of producing these commodities locally. 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. With at least 36 oil acreage, it is the largest holder of oil exploration blocks in Africa. He owns residential and commercial properties in Arizona, California and Hawaii and a collection of Arabian horses. He is the founder of Oriental Energy Resources, a privately owned Nigerian oil exploration and production company that owns three major offshore assets in Nigeria, including OML 115, Ebok Field (OML 67), and the Okwok Field (OML 67). He was the chairman of the United Bank of Africa between 1998 and 2004. Aged 19, Xin flew to England to learn English at a language school in Oxford. The event took place in England and it was estimated to have cost N2 billion. It would be recalled that Dickens was the second National Vice President of Urhobo Progress Union. They produced the highest local content and manufacturing and has the highest diaspora community across the globe. In search of the American dream he emigrated to New York when he was 21 with no English and no money. Tony Elumelu has greatly contributed to the economic growth of the country and Africa at large. Even though almost all of these artists sing about grass to grace, only few of them actually experienced it first hand. He is the founder and CEO of Interactive Brokers, a leading securities firm boasting over $6 billion (4.7bn) in equity capital. He also serves a Co-Chair of the Aspen Institute Dialogue Series on Global Food Security. 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