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What are the Top 5 Richest People In Nigeria net worth? How do the Top 5 Richest People In Nigeria make their money? Below is the current net worth of the Top 5 Richest People In Nigeria and how the Top 5 Richest People In Nigeria make their money.
What AreĀ The Top 5 Richest People In Nigeria Net Worth?
Nigerian billionaires had an increase in their position on the most recent Forbes World’s Billionaire List 2022, which collects the wealth of the world’s wealthiest individuals.
The accomplishment was made possible despite global price increases brought on by the Covid epidemic and the Russia-Ukraine war as well as its repercussions.
1. Aliko Dangote
Networth: $18.6 billion
Aliko Dangote is the wealthiest person in Nigeria and all of Africa according to the 2022 Forbes List. His net worth is $14 billion. There is no justification for why he is ranked first among Nigeria’s top 10 wealthiest persons.
Cement and sugar, which are used to make food and construction materials, are his main sources of riches. Dangote Pasta, Sugar, Flour, Salt, and Cement are among the goods produced by his business.
2. Mike Adenuga
Networth: $7.9 billion
Mike Adenuga is a millionaire business mogul from Nigeria who ranks fourth in terms of wealth in the continent. The second-largest telecom provider in Nigeria is his organization, Globacom, which is also present in Ghana and Benin.
3. Femi Otedola
Networth: $5.9 Billion
Femi Otedola has formerly served as the chairman of gasoline importer Forte Oil PLC. In addition to owning several other companies in the areas of accounting, estate development, and shipping, Otedola founded Zenon Petroleum and Gas Ltd.
As part of Nigeria’s recent industry liberalization, he just made an investment in electricity production. He was identified as First Bank PLC’s sole biggest stakeholder as of October 2021 (5.07%), according to the announcement.
4. Arthur Eze
Networth: $5 billion
Arthur EzeĀ is the proprietor of Atlas Oranto Petroleum and a member of a Nigerian royal family from the state of Anambra. He is known as “ozoigbondu” of Igboland by the Igbo people, and he is ranked as the eighth-richest person in Africa.
5. Abdul Samad Rabiu
Networth: $3.7 billion
He is a well-respected manufacturer, businessman, and billionaire from Nigeria who is renowned for his skill in trading commodities. The BUA Group, a Nigerian conglomerate with interests in production, logistics, and port operations, was founded by him, and he serves as its chief executive officer.
The staggering $3.7 billion figure for Abdulsamad Rabiu’s net fortune is reported. A vast amount of Land was left to Rabiu by his successful business father. By importing iron, steel, and chemicals, Rabiu launched his own company in 1988 while studying at Capital University in Ohio, the United States.
Here on Networthforum, we calculate all net worths using data drawn from public sources. Most times, we incorporate tips and feedback received from the individuals or their representatives.
While we always strive to ensure that our figures are as accurate as possible, please note that they are only estimates, unless otherwise indicated.
This page is updated from time to time so that our readers will know the current net worth of the Top 5 Richest People In Nigeria. So feel free to check back for the current Top 5 Richest People In Nigeria net worth in case of any update on their net worth.
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