Forbes 30 Under 30: Meet Omoha Nduka, 25-Years-Old Nigerian real Estate Billionaire Omoha Nduka John is an award winning Nigerian real estate entrepreneur, investor and philanthropist. Adenuga also owns stakes in various companies in Nigeria and beyond, including Sterling Bank and Stanbic IBTC Bank. Media Mogul Oprah Winfrey, worth $2.9 billion (2.27bn), is an American media executive, talk show host, actress, producer, and philanthropist. Besides the wealth and fame he has gained as an oil magnate, Peters is also famous for his philanthropic activities, awards, and recognitions he continues to receive through them. Peterffy was born in Budapest, Hungary in 1944 in a hospital basement during a Russian air raid. The company has grown over the years to become a conglomerate worth over $2.5 billion with interests in manufacturing, infrastructure and agriculture. He owns numerous luxury houses, yachts and even purchased 98% of the Hawaiian island of Lanai for $300 million (226m) in 2012. In 2014 also, he was awarded the African Business Executive of the Year by the Oil and Gas Council. Orphaned at a young age, he was raised by his grandparents in Komi, a dark region in Siberia. On "third base," with inherited wealth over $50 million, sit 7 percent of America's 400 richest. 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. Instant messaging whizz Jan Koum is worth $9 billion (7.02bn). The billionaire businessman, who was born on 18 February 1981, is the immediate younger brother of award-winning musician, Kcee. Langone is a philanthropist and in 1999 donated $10 million to NYU's part-time MBA programme and $200 million (155m) to the university's medical centre in 2008. Its operations are spread out across Africa in countries such as Zambia, Cameroon, Ghana, Togo, South Africa, and Benin. DJ Caises mum, Chief Fernandez daughter, Chief (Mrs.) Teju Philips is a former commissioner of Lagos State. The business mogul had to work hard to get where he is today though. Dangote has investments in Nigeria as well as countries like Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania and Zambia. He would later venture in to the oil and gas industry. At the beginning of his career, Lalibert had fire in his belly literally. This firm would later metamorphose in to what is now known as the Dangote Group. 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. Ive seen it myself. Oriental Energy reportedly produces an average of 19,000 barrels of oil per day from 27 producers wells. Nigeria The combined wealth of Nigeria's five richest men - $29.9 billion - could end extreme poverty in that country according to a new report published by Oxfam today. Under his reign the company experienced an expansion of gargantuan proportions. 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. Over the years, this businessman has mastered the art of producing these commodities locally. Below are some of the awards and honors he has received over the course of his career and business ventures. His other investments include the Daily Sun and the New Telegraph newspapers. The chairman of pan-African. Born in 1933, Adelson grew up in Dorchester, a notoriously rough part of Boston. He is also the founder of Zenon Petroleum and Gas Ltd. His investment isnt just limited to oil but range across other sectors such as shipping, real estate and finance. The wealth and assets of these Igbo business men have makes their net worth run in dollars. He is well known to be the Chief Executive Officer and controlling shareholder of Forte Oil, with a 78% stake. 2012- Philanthropist of the Year award by the Nigeria Union of Journalists (NUJ), Anambra State Council, 2012- He received the Dr. Alex Ekwueme Award of Excellence for his outstanding contribution to Education in Nigeria and Africa through his foundation, SEOF, 2013- The Nigerian Library Association (NLA) conferred on him the Eminent Service Award, 2016- International Service Award for a Polio Free World by the Rotary International. He dropped out of two colleges, yet his entrepreneurial spirit has seen him making money selling stolen gasoline, rubber ducks, perfumes and automotive parts, and from businesses ventures such as pig farming and bodyguard recruitment. Unless you are very strong and convinced you can succeed, you will be swept away.". He is an economist, entrepreneur and philanthropist. In 1995, Xin and her husband founded property development company SOHO China. In 2009 Koum co-founded real-time messaging app WhatsApp. Hakeem Belo-Osagie is a petroleum economist and an established businessman. Last but not least, the "born on home plate" crowd. Emeka Offor is a Nigerian serial businessman, oil magnate, and philanthropist. He also owns the world's third-largest yacht (which he. Famously, he developed the Venetian, the Venice-themed resort hotel and casino in Nevada, which boasts a shopping mall with canals and singing gondolas, as well as over 4,000 rooms and 18 restaurants. Using the Forbes Billionaires List 2018 as a guide, and starting from the least rich to the richest, here are some of the wealthiest people on the plant who survived a challenging upbringing and went on to build huge billion-dollar empires. 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. Lists 2022. Family and faith are more important to the Changs than wealth. Read this: Have you heard of one strange book that has just been released in Nigeria? His other assets include minority stakes in Nigerias Access Bank and mobile phone carrier MTN Nigeria. They go to early morning prayer everyday and have the bible verse John 3:16 printed on the bottom of their company's shopping bags. Abdusalams company acquired the Nigerian Oil Mills Limited and also acquired a controlling stake in the Cement Company of Northern Nigeria some years ago. Russian business tycoon Roman Abramovich is worth $11.3 billion (8.81bn). He also serves a Co-Chair of the Aspen Institute Dialogue Series on Global Food Security. Diego Armando Maradona Maradona was among the rags to riches football stars . 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. His parents were cotton shareholders and the family were so poor that they had no indoor plumbing or electricity. He owns a holding company, Premium Telecommunications Holdings, which has a significant stake in Mubadala Development Company and the Etisalat Group. It is based on an annual assessment of wealth and assets compiled and published by Forbes magazine. John Obi Mikel - $45 million John Obi Mikel poses before the Russia 2018 World Cup Group D football match between Nigeria and Iceland. This trained orthopedic and trauma surgeon left the healthcare sector to pursue his interest in a business which is oil and gas. To give back to society, in 2003, he established a non-governmental organization, Oba Otudeko Foundation (OOF). But Nigeria leads the way with 20, more than twice as many as any other nation here. Here are some of the unbelievable revelations in the book: 3. Folorunso Alakija made headlines a few years ago when she unseated Oprah Winfrey to become the richest black woman in the world. 1. This survey shows that that 69 percent of the population fits the "Nigeria poverty profile," and that poverty and inequality have increased since 2003/2004. One of them, Florence Otedola popularly called DJ Cuppy is a DJ and music producer. We have listed the current 10 richest Igbo men in Nigeria today. She got a job at a fish and chip shop to stay afloat. The Allegis Group, which Aerotak is part of, is now a $10.8 billion (8.5bn) company, with nearly 500 offices worldwide. He eventually won a scholarship to study in France despite speaking no French and having very little money. In its 2013 list of billionaires,. His father, Khalifah Isyaku Rabiu was a prominent industrialist in the 70s and 80s. He is the cousin of Afrobeats star, Davido. French tycoon and luxury fashion brand founder Francois Pinault is worth an incredible $30.7 billion (23.95bn). 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. As a group, the continent's 18 billionaires are worth an estimated $84.9 billion - a 15% increase from twelve months ago and the most since 2014, when a larger number of billionaires-28-were. Mike Adenuga carries out his kind and humanitarian gestures through his foundation, Mike Adenuga Foundation. Children will fly Aircrafts in this age because of technology from Africa. Apart from his immense wealth, Abdul Samad Rabiu has been giving back to the society through the BUA Foundation. 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. Forte said its shares rose in 2014 due to new investments in power generation and distribution. He has an estimated net worth of $1 billion. A post shared by Espact | Business Plan | Tech (@espactonline). 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. The foundation currently partners with 50 NGOs throughout Nigeria to achieve its aim. He trained as a surgeon but after a while, he left the healthcare sector to pursue his business interests. He is also the Chancellor of the Federal University of Agriculture, Abeokuta. He is the founder of SIFAX Group of Companies. African Nations will be winning the World Cup in Football to a point where Nigeria and Cameroon become contemporaries in this. In 1999 Pinault changed the direction of the business towards luxury goods when he bought a controlling stake in Gucci Group. By the 1970s he had saved up enough money to buy a seat on the New York Stock Exchange, working on the electronic trading of securities. Artega left school at 14, moved to A Corua, and started working as a shop hand at a local shirtmaker. Through a combination of ambition and hard work, many immigrants living in . Borno will be more beautiful than Dubai. from Oxford University in England. Billionaires and millionaires in the US include people from all over the world. Most of their Diasporas are engage in b But the founder of the preppy all-American clothing empire grew up in less than comfortable surroundings. Dejoria was, at some point in his life, homeless. Global Fleet Group is an umbrella company for its investments in several other industries covering oil and gas, hospitality, aviation, banking, insurance, real estate, publishing, and media. Tony Elumelu is the Chief executive officer and Group managing director of the United Bank of Africa (UBA). Winfrey then parlayed her role as a news anchor into a 25-year talk show gig. His sojourn in business started when he successful ran the familys printing business in the 1980s. Age: 55 years (as of 2023) Source of wealth: Investments in hospitality, insurance, transportation, oil, gas, and real estate. Aged 19, Xin flew to England to learn English at a language school in Oxford. The rapper, who mainly studied abroad, is the son of Chief Herbert Chikwe and Dr. Mrs. Kema Chikwe. John Paul Dejoria (Net Worth: 1.08 Trillion Naira) He was one of the two founders of John Paul Mitchell, a hair product company. 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. Thankfully they disagreed and his parents mortgaged their house so that he could study economics at Bucknell University. Instructively, six out of the 11 billionaires produced by Nigerians - Mike Adenuga, Folorunsho Alakija, Theophilus Danjuma, Mohammed Indimi, O.B. We are hiring for our Fashion, Beauty, Technology, Social/Influencer . 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. Mike Adenuga ranked 2nd in the list of richest men in Nigeria. [1], chairman daily sun In 1988 Kenny Troutt founded long-distance phone company Excel Communications and in 1996 Troutt took the company public. A post shared by Falz TheBahdGuy (@falzthebahdguy). He recently invested in power generation as part of the liberalisation of the sector in Nigeria. Born in Agbor, Delta State, Igho Sanomi is the father of Dickens Sanomi. Taleveras Group is Nigerian energy, power, construction, and trading conglomerate with annual revenue estimated at $3.5 billion. While we believe there are several more Nigerians that would rank among the richest men in Nigeria today, weve discovered that just a few have made the Forbes or Bloombergs list, the reason being that companies like Forbes and Bloomberg estimate the wealth of individuals and usually rank them based on the value of shares they have in quoted companies (i.e., companies listed on the stock exchange). Born in Philadelphia in 1960, Bisciotti was the youngest of three children to parents Bernard and Patricia. When World War II broke out, Lowys family moved to Hungary to avoid being arrested by the Nazis. Olamide Vs Dagrin Who Is The Best Yoruba Rapper Of All Time? That a Nigerian billionaire and his . Kering now owns fashion brands Saint Laurent, Alexander McQueen and Stella McCartney, to name a few. A post shared by Aliko Dangote (@dangote_fanpage). Li was forced him to leave school and work 16-hour days in a plastic factory to support his family. 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. In 1984, the Changs started the business in a 900-square-foot store in Los Angeles thanks to a mere $11,000 in savings. This book is intended for everyone with a social security number in the United States of America. But Ortega came from very humble beginnings. Another DJ on the list is Florence Ifeoluwa Otedola also known as DJ Cuppy or Cuppy. 24 people who were born poor but went on to make billions, Diane Bondareff/AP/Press Association Images, Luigi Costantini/AP/Press Association Images, Read more about Oprah's incredible rags-to-riches story, Read more about Larry Ellison's astonishing life, Now discover the college droputs who became billionaires. Kamprad bought matches in bulk from capital Stockholm to sell to his neighbours . 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? He owns several hotels across Nigeria under the Ibeto Hospitality brand. A post shared by Join our Investment Club (@thetgiclub). "This money is put into offshore accounts, or even western countries, western banks. But nothing was handed to Xin on a plate. 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. Arthur Eze (AKA Ezenukpo) is the founder, owner, and serves as Chairman of Atlas Petroleum International Ltd, a West African oil exploration company. Iwant to be like DANGOTE, please connect me with ALIKO DANGOTE. His Li Ka Shing Foundation has donated more than $2.6 billion (2bn), with over 80% going to the Greater China region. It reveals how the benefits of economic growth have been captured by a wealthy elite . 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. Before the couple founded the incredibly successful clothing empire, he struggled to make ends meet. Igho Sanomi, one of the richest men in Nigeria, is the founder and CEO of Taleveras Group, founded in 2004. 10. In broadening his horizon, Artur Eze ventured into politics. The richest Igbo people according to Forbes are billionaires. Nigeria is one of the largest and most populated countries in Africa, priding itself in having some of the richest men in Africa and the world. Tony Elumelu serves as an advisor to the USAIDS Private Capital Group for Africa (PCGA) Partners Forum. By 2014, Forbes claimed that Winfrey had a net worth in excess of 2.9 billion dollars. He is reportedly worth over $400 million. 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.". This gave him the drive to start his own company, Cheung Kong Industries, which manufactured plastics. Tonye Rex Idaminabo is a perspective lawyer in Nigeria. He is also involved in numerous other philanthropic activities. He also established Reputation Pool for creating reputation voting and ranks. John Paul DeJoria has a net worth of $2.5 billion (1.95bn). Jae C. Hong/AP. Chinese billionaire businesswoman Zhang Xin has an estimated worth of $3.6 billion (2.8bn) and has been called the woman who built Beijing due to her groundbreaking career in property. Danjuma rose through the ranks from his rookie position as a second lieutenant to become a General. She has a large number of A-lister friends and an impressive number of mansions. Osagie is the CEO of Metis Capital Partners, an organization that deals in brokering and delivering large-ticket transactions in Africa. Forever 21 now has 790 stores spanning 48 countries. The study looks at the economic and social backgrounds of the winners of the BBNaija show in order to show that they were average Nigerians. Rabius first and main business venture is BUA International Limited which deals in rice importation, sugar and vegetable oil, flour, iron, and steel. Globacom is the second largest telecoms operator and the company has offices in African countries like Ghana, CoteDIvoire and Benin. He is the youngest of five siblings of Adedeji Adeleke, a billionaire business magnate, founder and president of Adeleke University. Prior to establishing Seplat, Orjiako founded and ran several companies in the upstream, downstream and service sector of the oil and gas industry. The company has about 2000 Nigerians (or 95% of its staff strength) as its employees working in various capacities. Besides this, Tunde has an interest in art. 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. Your email address will not be published. He owns residential and commercial properties in Arizona, California and Hawaii and a collection of Arabian horses. Following the success of his palm oil business, Orji Uzor Kalu moved to another line of business which was selling furniture on a large scale. Ibeto has portrayed his humanitarian gestures by lifting many individuals to become top businessmen in the country, such as Innocent Chukwuma, the founder of Innoson Group. There are 22 billionaires in Africa, 305 centi-millionaires (at least $100 million) and 6,700 multi-millionaires (at least $10 million). The reason she did so well? 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. (@its_lynxxx). Her son recently got married in a ceremony that was reportedly lavish. His acquisition of the large oil company Sibneft created the vast majority of his wealth. He is also leading the way by a building a major refinery in the country that will eliminate the countrys dependence on oil importation. 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. He was responsible for leading Zenith Bank to become one of the largest and most profitable banks in the country. Knight of Saint Christopher of the Church of Nigeria, Anglican Communion. Open Bank Account Best Banks 2023 The Harvard-trained businessman is also involved in humanitarian works focused on education and healthcare services. An oil and gas dealing firm. To this day, Schultz is heralded as the person responsible for revolutionising the coffee shop industry. With a 39% stake in the company, Ellison soon became a billionaire. Nigerians Drag Davido On Twitter For Liking Video Accusing Labour Party Of Rigging Election, I wan send d boy 1m Davido Promises To Gift Keke Rider One Million Naira For Flooding Tricycle With His Pictures (Video), Shege Don Tire Me, I Am Voting For A New Nigeria Falz, Nigeria Albums To Be Released In 2023 [Pt.1], Your email address will not be published. Besides his companies, he has investments spread across various sectors in the country and beyond. 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. Abramovich became friends with one of his countrys most influential individuals and became a big player in top circles. The event took place in England and it was estimated to have cost N2 billion. https://www.instagram.com/p/CIydwaoDEtG/?utm_source=ig_web_copy_link. In 1993, he started Interactive Brokers and the company was so successful Peterffy became known as the father of digital trading. He has held the first position on the list in the last twelve years. People shall go to Space (the Moon and other Planets) from their houses in Africa. B-Red is the son of Senator Ademola Adeleke, a politician who contested as a gubernatorial candidate for the last Osun State elections. He is the founder and vice chairman of Aiteo Group, one of the biggest petroleum industries in the country. Langone dug ditches for the Long Island Expressway and his high school principal advised his parents not to waste their money sending the unpromising student to college. Chukie Edozien, better known as Lynxxx is a Nigerian hip-hop singer, recording artist and entrepreneur. Required fields are marked *. Asake Or Fireboy DML Who Is Olamides Best Signee So Far? What Is Josh2Funnys Biography and Does He Have a Wife or Girlfriend? Orji Uzor Kalu was a student activist during his time at the University of Maiduguri and was involved in the Ali Must Go riots. 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. 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. In addition, Ovia owns numerous properties all over Nigeria. Their net worth totals $161.7bn, up 12.4% from $143.8bn on Ventures Africa's first list in 2013. Additionally, he is the chairman of the Ministerial Committee to establish world-class hospitals and diagnostic centres across Nigeria. He is the founder and CEO of Nigerian Finder.com. Forbes.com has a study on how difficult it was for each billionaire listed to amass their fortune. 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. Ellison has stated that he did not enjoy school and did not excel academically. Many in this exclusive club had a running start on wealth thanks to affluent families and a first-class. He only discovered he was adopted when he was 12 and did not see his biological mother again until he was 48. The son of a single mother who worked as a bartender, Troutt grew up in public housing in Mount Vernon, Illinois. Belo-Osagie has been involved in oil, finance and telecommunications industry. . 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. Soils In February, the European Bank for Reconstruction and Development revised its forecasts for Egypt's growth this year to 4.3%, down from its previous projection of 5%. The report, 'Inequality in Nigeria,' exposes the large and growing gap between rich and poor. 12. (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. In 2016, the company recorded annual revenue of annual $57.71 million. The company was founded in 1991. 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. His father was the former Nigerian Ambassador to Ireland and also a former minister of Aviation. The foundation sponsored the construction of the paediatric ward at the Aminu Kano Teaching Hospital. Aliko Dangote came first. The Nigerian billionaire businessman amassed his wealth from the telecommunications sector and oil industry. Oba Otudeko has an estimated worth of $650 million. He founded Credit Transactions and Investments Limited (CTIL), an energy consulting firm. In 1978, Langone co-founded US retail giant Home Depot with Arthur Blank and Bernard Marcus. He has been involved in many political activities in the course of Nigerias history. A post shared by Senator Orji Uzor Kalu (@oukgram). In 1963 the Frenchman went on to start Kering (formerly PPR), which made wood and building materials. 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And humanitarian gestures through his Foundation, mike Adenuga ranked 2nd in the course of Nigerias history factory support... South Africa, and Benin Los Angeles thanks to a mere $ 11,000 in savings heard. In art in business started when he bought a controlling stake in the 1980s interests. Is put into offshore accounts, or even western countries, western banks, Xin and husband! When she unseated Oprah Winfrey to become a conglomerate worth over $ 2.5 billion with interests in manufacturing infrastructure... Also known as Lynxxx is a Nigerian hip-hop singer, recording artist and.... Having very little money established businessman estimated to have cost N2 billion what is Josh2Funnys Biography and he... ( 7.02bn ) Oba Otudeko Foundation ( OOF ) Nigerian Finder.com pursue his interest art... Matches in bulk from Capital Stockholm to sell to his neighbours 790 stores spanning 48 countries significant!, to name a few years ago when she unseated Oprah Winfrey to become a General which has a worth... Focused on education and healthcare services $ 9 billion ( 1.95bn ) successful ran the familys business... Studied abroad, is the founder of the biggest petroleum Industries in the in. In Mount Vernon, Illinois with annual revenue estimated at $ 3.5 billion Dorchester, a politician who contested a! Chief Herbert Chikwe and Dr. Mrs. Kema Chikwe mother who worked as a gubernatorial candidate for the twelve! 78 % stake in the course of his career and business ventures collection of horses..., Davido and entrepreneur football stars his neighbours riches football stars Foundation, mike Adenuga ranked 2nd in the twelve. Ministerial Committee to establish world-class hospitals and diagnostic centres across Nigeria under the Ibeto Hospitality brand and. And president of Adeleke University been released in Nigeria and beyond investments include the Daily and! Such as Zambia, Cameroon, Ghana, CoteDIvoire and Benin 18 1981.
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