The list of top 20 Richest Nigerian billionaires has been based on:
The value of their shares held in quoted companies, the size and market share of their companies, the number of companies they own and its assumed value, the market value of their company’s brand and the impact of their companies on the Nigerian economy.
Despite the harsh terrain and business challenges involved with starting a business in Nigeria; the successful entrepreneurs listed below held their ground and fought their way to the top.
In a country with a population of over 160 million inhabitants and millions of businesses; these 20 entrepreneurs diligently carved their names in the sands of time.
See the list below.
Alhaji Aliko Dangote – founder of Dangote Group, Richest man in Africa and Richest black man in the world
Mike Adenuga – Conoil, Equatorial Trust Bank, Globacom
Femi Otedola – ZENON Oil and Gas
Orji Uzor Kalu – Slok Group
Cosmos Maduka – Coscharis Group
Jimoh Ibrahim – Nicon Insurance, Global Flee
Jim Ovia – Zenith Bank, Visafone
Pascal Dozie – MTN Nigeria, Diamond Bank
Oba Otudeko – Honeywell Group Nigeria
Alhaji Sayyu Dantata – MRS Group
Umaru Abdul Mutallab – former Chairman First Bank Plc, Mutallab Group
Prince Samuel Adedoyin – Doyin Group
Dele Fajemirokun – Chaiman Aiico Insurance, Xerox Nigeria, Chicken Republic, Kings Guards etc.
Chief Cletus Ibeto – Ibeto Group
Raymond Dokpesi – Daar Communication, AIT,
Tony Ezenna – Orange Group
Chief Molade Okoya Thomas – Chairman CFAO Nig and other six french companies
Ifeanyi Ubah – Capital oil and gas
Leo Stan Ekeh – Zinox Computer
Fola Adeola – GTBank
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