List Of Richest Men In Nigeria 2019

Nigeria is blessed with lots of wealthy and affluent individuals and business people. These are people who have distinguished themselves in one business endeavor or the other. They have made impacts and created solutions that transcends Nigeria and goes into Africa and the world at large. These men are featured in the list of Richest Men In Nigeria 2019.

Although we said “men”, this list also includes a woman who have distinguished herself in business. Despite the bad reputation given to Nigerians owing to some elements from the country, Nigeria is indeed a blessed country. We have lots of people who know, understand and value the importance of hardwork. And they feature as the people listed in this list of richest men in Nigeria 2019.

Let’ see who they are!

List Of Richest Men In Nigeria 2019

Who do you think will feature here? Let’s find out below.

1. Aliko Dangote

You guessed this right! With a net worth of over $12billion in 2018, Aliko Dangote is the richest man in Nigeria and entire Africa. Born on the 10th of April 1957, Aliko Dangote is the owner of the ‘Dangote Group,’ the largest cement and sugar producer in Africa.

Presently, his company dominates the markets in countries such as Benin, Ethiopia, Cameroon, South Africa, and Ghana among others. The ‘Dangote Group’ controls about 70% of the current Nigerian sugar market and operates as the third-largest sugar refinery in the world and the largest in Africa.

Also See: Top 10 Richest Female Musicians In Nigeria Today

2. Mike Adenuga

Michael Adeniyi Adenuga (born 29th of April 1953) is a Nigerian billionaire businessman and the second richest man in Nigeria. According to the recently released Forbes list in 2018, Mike Adenuga’s net worth as of 11th March 2018 was estimated to be $4.2 billion and he is the third richest person in Africa.

Adenuga, Nigeria’s second richest man, built his fortune in telecom and oil production. His mobile phone network, Globacom, is the second largest operator in Nigeria, with 37 million subscribers. His oil exploration outfit, Conoil Producing, operates 6 oil blocks in the Niger Delta.

Also See: Top 10 Richest Governors In Nigeria (Past & Present) & Networth

3. Femi Otedola

Femi Otedola (born November 4, 1962) is a Nigerian businessman, entrepreneur, philanthropist, and chairman of Forte Oil PLC, an importer of fuel products. Also, Femi Otedola is the son of the former Lagos State Governor, Michael Otedola.  According to Forbes, his net-worth in 2016 was estimated to be $1.8 billion.

Otedola is also the founder of Zenon Petroleum and Gas Ltd, and the owner of a number of other businesses across shipping, real estate, and finance. He has recently invested in power generation as part of the liberalization of the sector in Nigeria.

Also See: Forbes Top 10 Richest Nigerian Musicians 2018

4. Folorunso Alakija

Folorunso Alakija (born 15 of July 1951) is a Nigerian billionaire businesswoman, one of the richest African women, and one of the richest black women in the world. In 2014, she temporarily unseated Oprah Winfrey as the richest woman of African descent in the world. According to Forbes, her net-worth as of 11th March 2018 was estimated to be $1.7 billion.

Folorunsho Alakija is vice chair of Famfa Oil, a Nigerian oil exploration company with a stake in Agbami Oilfield, a prolific offshore asset. Famfa Oil’s partners include Chevron and Petrobras. Alakija’s first company was a fashion label whose customers included the wife of former Nigerian president Ibrahim Babangida.

Also See: Forbes List Of World Richest Pastors 2018 – Nigerian Pastors Dominate

5. Abdul Samad Rabiu

Abdul Samad Isyaku Rabiu (born 4 August 1960) is a Nigerian businessman and the founder of BUA Group, a Nigerian conglomerate active in sugar refining, cement production, real estate, logistics, and port operations. According to Forbes, his net-worth in 2016 was estimated to be $1.1 billion.

In January 2016, BUA Group agreed to sell its flour milling and pasta making businesses to Olam Group of Singapore for $275 million. Rabiu, the son of a businessman, inherited land from his father. He set up his own business in 1988, importing rice, sugar and edible oils as well as iron and steel rods.

So, here you have your 5 Richest Men In Nigeria 2019.

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