Presido.Kano magnate. She is the daughter of Billionaire oil mogul, Femi Otedola and a granddaughter of Late Sir Michael Otedola, a former governor of Lagos state. You come up against an obstacle and you have to find a way of moving forward. Schultz was born in 1953 in Brooklyn, New York, and grew up in a public housing project. Net worth: $1.2 billion. He is a renowned businessman, co-founding global giant Westfield Corporation, which has shopping centres in Australasia, the US, UK and Europe. Name Citizenship Net worth Also, he was known to contribute N300 million to the completion of the National Ecumenical Centre, Nigerias primary place of Christian worship in Abuja. Abramovich spent his early life in a region far-removed from the riches of his current home in Londons Knightsbridge. They produced the highest local content and manufacturing and has the highest diaspora community across the globe. He began apprenticing at a car and eyewear parts factory at age 14 to put himself through design school. Born Lawrence Joseph Ellison on 17 August 1944 in New York City, at the age of nine months he contracted pneumonia and his mother gave him to her aunt and uncle for adoption. He is the founder and CEO of Interactive Brokers, a leading securities firm boasting over $6 billion (4.7bn) in equity capital. Igho Sanomi, one of the richest men in Nigeria, is the founder and CEO of Taleveras Group, founded in 2004. His Li Ka Shing Foundation has donated more than $2.6 billion (2bn), with over 80% going to the Greater China region. Who Is The Better Singer Between Asake And Seyi Vibez? Arthur Eze is one of the wealthiest men in Africa. Its a true revelation. The report, 'Inequality in Nigeria,' exposes the large and growing gap between rich and poor. Theophilus Danjuma amassed his mouth-watering fortune from shipping and petroleum. Arthur studied chemical and mechanical Engineering at the California State University. The bank has branches in Ghana, South Africa, Sierra Leone, Gambia, and The UK. (2131 Views) 9 Silent Nigerian Billionaires Who Keep Their Wealth On A Low Key (photos) / 3 Youngest Nigerian Billionaires Today.No.1 Is Lagos Island Biggest Boy (pics) / Nigeria's Top 50 Richest Billionaires (1) ( Reply) (Go Down) 15 Billionaires Who Were Born Poor by zeekz ( m ): 8:43am On Jan 05, 2014 Wealth tends to create more wealth, Her 65-acre Californian estate is large enough for Winfrey to run a two-mile route without leaving the property. He didnt go to college. Not too long after their company took off, Mitchell died of cancer and DeJoria took over. 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. Jae C. Hong/AP. Shanty Town Or Blood Sisters, Which Is Nigeria Best Netflix Series? In 2019, he was appointed as Special Assistant on Lagos Liaison to the governor of Imo state. Thankfully they disagreed and his parents mortgaged their house so that he could study economics at Bucknell University. Oriental Energy reportedly produces an average of 19,000 barrels of oil per day from 27 producers wells. He is said to have an estimated net worth of $1.5 billion according to Forbes. Mohed Altrad came from humble beginnings, born an orphaned Bedouin in the Syrian desert. Once there, Langone worked as a caddy, butcher and ditch digger to stay afloat. All Rights Reserved. The third on the list of 20 richest men in Nigeria is the popular Femi Otedola. 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. Be the first to get hottest news from our Editor-in-Chief . Tragedy struck when Bisciottis father died of leukemia when Stephen was eight, leaving Patricia to raise three kids on her own. They started from the bottom, but their hard work has paid off. Tony Elumelu has greatly contributed to the economic growth of the country and Africa at large. The poor get poorer. He is the richest man in Nigeria and Africa. 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. Here are some of the unbelievable revelations in the book: 3. 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. Chukie Edozien, better known as Lynxxx is a Nigerian hip-hop singer, recording artist and entrepreneur. 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. This prominent Nigerian businessman was born in a business-oriented family wherein he learned how to do business from his father, who was a religious scholar and also a successful businessman. Forte said its shares rose in 2014 due to new investments in power generation and distribution. Abdusalam attended the Capital University in Columbus, Ohio in the 80s before returning to the country to oversee the family business. Six of his children serve on the companys board, where he is currently the Chairman. If you feel we missed out on any other artist, kindly tell us below in the comment section. Orphaned at a young age, he was raised by his grandparents in Komi, a dark region in Siberia. You've been added to our mailing list. He is not only the richest man in Nigeria but Forbes #1 African Billionaire 2023 and The Richest Black Billionaire in the world. Danjuma was also able to prevent the Dimka Coup in 1976. He is also leading the way by a building a major refinery in the country that will eliminate the countrys dependence on oil importation. Alas, the optimism fizzled out faster than the W The business mogul had to work hard to get where he is today though. The app was so successful Facebook bought it for a massive $19 billion (14.82bn) and Koum was invited to sit on the Facebook board. Apr 28, 2018, 1:51 PM. An avid horse racing fan, Troutt owns WinStar Farm in Kentucky and is a breeder of Thoroughbreds. Ambrose Bryant Chukwueloka Orjiako, popularly known as ABC Orjiako, is the chairman and co-founder of SEPLAT, one of Nigerias largest petroleum development companies. Media Mogul Oprah Winfrey, worth $2.9 billion (2.27bn), is an American media executive, talk show host, actress, producer, and philanthropist. 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. A post shared by Join our Investment Club (@thetgiclub). It reveals how the benefits of economic growth have been captured by a wealthy elite . Having amassed a net worth of $3.7 billion, Cletus M. Ibeto holds his own as one of the richest men in Nigeria. Jimoh Ibrahim - $1.1 billion. Four Syrian businessmen have been named of the Forbes Middle East rich list for 2019, which includes 42 billionaires. Born in 1933, Adelson grew up in Dorchester, a notoriously rough part of Boston. She has a large number of A-lister friends and an impressive number of mansions. (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. The report, 'Inequality in Nigeria,' exposes the large and growing gap between rich and poor. Its operations are spread out across Africa in countries such as Zambia, Cameroon, Ghana, Togo, South Africa, and Benin. His philanthropic activities also go beyond the shores of Nigeria. Lynxxx was the first Nigerian artist to be endorsed by the global brand, Pepsi. Nigerian billionaires from poor backgrounds. Prior to establishing Seplat, Orjiako founded and ran several companies in the upstream, downstream and service sector of the oil and gas industry. A PRACTICAL GUIDE ON HOW TO SIGNIFICANTLY IMPROVE YOUR CREDIT SCORES IN 30 - 60 DAYS. At that time he traded palm oil which he bought from the South East and sold to the market in the North. Slok is a $2.5 billion (annual revenues) West African conglomerate with interests in shipping, banking, oil trading, manufacturing, and the media. Theophilus Danjuma is a retired general, billionaire and philanthropist. Telecommunications genius and self-made billionaire Kenny Troutt has now retired but not before making a cool $1.4 billion (1.09bn) fortune. She's 31, she has five children born by the "billionaire" kidnapper, and she has been by his side since the age of 17. Tunde Folawiyo is a Nigerian businessman and the managing director of Yinka Folawiyo Group, a conglomerate founded by his father, Wahab Folawiyo, with interests in oil and gas, agriculture, shipping, real estate, and engineering. The 99 percent have only the. He owns a holding company, Premium Telecommunications Holdings, which has a significant stake in Mubadala Development Company and the Etisalat Group. In addition, Ovia owns numerous properties all over Nigeria. Winfrey then parlayed her role as a news anchor into a 25-year talk show gig. He is the chairman of the Mondola Group. When World War II broke out, Lowys family moved to Hungary to avoid being arrested by the Nazis. This book is intended for everyone with a social security number in the United States of America. But Ortega came from very humble beginnings. Benedict Peters is the founder of Aiteo Group, a conglomerate with primary interest in energy. The following are the top 10 songs released in the month of November by Nigerian artistes. Danjuma rose through the ranks from his rookie position as a second lieutenant to become a General. With a vision of becoming a leading world-class conglomerate, Chrome Group has a strong presence in Nigeria, the United States, the United Kingdom, and Switzerland. 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. 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. His humanitarian services have also gone ahead to earn him some prestigious awards. According to Forbes, Mike Adenugas net worth as of October 2021 is estimated at $6.2 billion. 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 is also the chairman of Standard Alliance Insurance, Verticom Wireless, STB capital markets, Flame Petroleum and Gas Limited. He is the CEO of Global Fleet Group, a diversified conglomerate with a presence in Nigeria and the UK. His career in oil has also seen him delve into American politics, landing him the role of national energy adviser to Mitt Romneys presidential campaign in 2012. Ive seen it myself. A post shared by Onu Ndi Igbo (@voiceoftheeast). 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 also freed Jaja Wachuku from detention by the Ojukwu government towards the end of the civil war. He is an economist, entrepreneur and philanthropist. A post shared by Emmanuel Ojei (@ojeiemmanuel). In 2009 Koum co-founded real-time messaging app WhatsApp. Globally, he ranks at 344 among Forbes real-time billionaires list as at 1st June 2020. On "third base," with inherited wealth over $50 million, sit 7 percent of America's 400 richest. DeJoria doesnt measure his success in terms of dollars though, his wealth makes him "feel really good to be financially blessed and give back.". Kalu is also the chairman of First International Bank Limited, which operates branches throughout Gambia. He is the founder and chairman of Cosmos AG oil. It seems Adelson was keen to build an empire from the get-go, as he started his first business when he was 12, when he borrowed $200 from his uncle to purchase a license to sell newspapers locally. In the early 70s he drilled a well and found oil. Consolidated Oil was the first indigenous company to strike oil in commercial quantities. Instead, inspired by the surrounding oil in Oklahoma, he started reading up on geology, at the same time as launching his own trucking company. The grandson of Italian immigrants, Langone's father was a plumber, and his mother ran an elementary school cafeteria. By 2014, Forbes claimed that Winfrey had a net worth in excess of 2.9 billion dollars. The company has grown to become a leading global energy and services company with interests in oil, telecommunications, maritime, aviation, and real estate. Free subscription Get the hottest stories from the largest news site in Nigeria. In 1978, Langone co-founded US retail giant Home Depot with Arthur Blank and Bernard Marcus. In 2014, the World Economic Forum (WEF) named SEPLAT as a Global Growth Company. Ortega was born in 1936, just before the outbreak of Spains Civil War, and grew up in Leon where his father was a railway worker. 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. Xin was determined to learn however and would attend evening school after work. Igho Sanomi is the chairman of the foundation, which aims at alleviating socio-economic hardship across the country. French tycoon and luxury fashion brand founder Francois Pinault is worth an incredible $30.7 billion (23.95bn). Murdock, who is dyslexic, dropped out of high school in the ninth grade and worked at a gas station before being drafted into the Army in 1943. Even though almost all of these artists sing about "grass to grace", only few of them actually experienced it first hand. The billionaire also has interests in other business ventures, which largely contributes to his net worth. But the founder of the preppy all-American clothing empire grew up in less than comfortable surroundings. Muhammadu Buhari, Muhammadu also spelled Muhammad, (born December 17, 1942, Daura, Nigeria), Nigerian military leader and politician who served as Nigeria's head of state in 1984-85 and was democratically elected president in 2015. HOW THE BILLIONAIRE SON TREATED ME BECAUSE AM FROM A POOR HOME (New Hit movies)Latest Nigerian MovieEXCEL NOLLYTV Channel on YouTube is your best plug for ex. 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