According to this year's Forbes Richest Billionaires Ranking, Aliko Dangote is Nigeria's richest man. His networth is estimated at $12.1 billion.
According to this year’s Forbes Richest Billionaires Ranking, Aliko Dangote is Nigeria’s richest man. His networth is estimated at $12.1 billion.
Nigeria’s second richest billionaire is Mike Adenuga, he is worth an estimated $6.3 billion. Adenuga owns Globacom, which is Nigeria’s third-largest mobile phone network, plus oil exploration firm Conoil Producing, extensive real estate holdings in Nigeria and a network of over 12,000 cellphone towers.
Number three richest person in Nigeria is Abdulsamad Rabiu, the founder of BUA Group.
See full list below
Networth: $12.1 billion
Source of money: Cement, Sugar, Flour
Aliko Dangote is a business magnate and philanthropist. He is the Chairman and CEO of Dangote Group, an industrial conglomerate and the richest person in Africa, with an estimated net worth of US$11.1 billion as of 2021. In Nigeria today, Dangote Group with its dominance in the sugar market and refinery business is the main supplier (70 percent of the market) to the country’s soft drinks companies, breweries and confectioners. It is the largest refinery in Africa and the third largest in the world, producing 800,000 tonnes of sugar annually.
Networth: $6.3 billion
Source of income: Telecoms, Oil
Chief Michael Adeniyi Agbolade Ishola Adenuga Jr CSG GCON is a billionaire businessman, and the second richest person in Nigeria. His company Globacom is Nigeria’s second-largest telecom operator, which has a presence in Ghana and Benin. He owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly Consolidated Oil Company). Forbes has estimated his net worth at $6.2 billion as of May 2021.
Networth: $5.1 billion
Source of money: Cement, Sugar
Abdul Samad Isyaku Rabiu CON is a billionaire businessman a philanthropist and the third richest person in Nigeria. Abdul Samad is the founder and chairman of BUA Group, a Nigerian conglomerate concentrating on manufacturing, infrastructure and agriculture. He also doubles as the chairman of the Nigerian Bank of Industry (BOI).
Networth: $1 billion
Source of money: oil, Self Made
Folorunsho Alakija is the first female billionaire from Nigeria, the 4th Richest person in Nigeria and the 20th richest person in Africa. She is the vice chair of Famfa Oil. Her first company was a fashion label that catered to Nigeria’s elite women, including the wife of former military president, Ibrahim Babangida, who awarded Alakija’s company an oil prospecting license.