(Top 10) Richest Man In Nigeria And Net Worth

Oasdom Top 10 Richest man in Nigeria Richest people in Nigeria today
Oasdom Top 10 Richest man in Nigeria Richest people in Nigeria today

So tell me, who is the richest man in Nigeria? Here is the list of the top 10 richest people in Nigeria and their estimated net worth.

Even those not presently competing to be Nigeria’s richest man want to know who is leading the queue as the richest man in Nigeria.

Although we did not see the richest billionaire in Nigeria on the list of the top richest man in the world, he and the rest have earned their seats on the list of top 10 richest men in Nigeria.


Oh! Please, take that chilled drink already…smiling…how about I tell you who the richest man in Nigeria is? I will also tell you who else made it to the top 10 richest men in Nigeria list.

Who Is the Richest Man In Nigeria Today?

The richest man in Nigeria is Aliko Dangote with an estimated net worth of $10.6 billion.

Update Top 10 Richest People In Nigeria

So, here’s a quick list of the top 10 richest males in Nigeria today.

1. Aliko Dangote ($10.6 Billion)

Most Richest man in Nigeria - Aliko Dangote

The great grandson of the former richest African, late Alhaji Alhassan Dantata is a proud father of 15 children.

He is an investor and the owner of Dangote group. He is not only the richest person in Nigeria but also the wealthiest man in Nigeria.

Dangote presently is ranked the richest person on the African continent’.

  • Full name: Aliko Dangote
  • State of Origin: Kano.
  • Date of Birth: 10th of April, 1957.
  • Net worth: $10.6 Billion

2. Michael Adenuga ($5.3 Billion)

He is the son of Oloye Michael Agbolade Adenuga Snr and Omoba Juliana Oyindamola Adenuga of Ijebu Igbo.

He attended Ibadan Grammar School and Comprehensive High School, (…of sulia kan…) Aiyetoro.

He once worked as a taxi driver to fund his tertiary education but na story now as he is one of the richest men in Nigeria.

The founder of Globacom is the second richest man in Nigeria today. He is a programmer, business noble, author, investor, and philanthropist.

He is also the chairman of Conoil and has stakes in Equitorial Trust Bank. He is the Otunba Apesin of Ijebu clan.

The 2nd richest man in Nigeria resides in Banana Island, Lagos. He once went on a self exile to London following his detention by EFCC until late Umaru Musa Yar’Adua granted him a pardon.

  • Full name: Michael Adeniyi Agbolade Ishola Adenuga Jnr.
  • State of Origin: Oyo.
  • Date of Birth: 29th of April, 1953.
  • Net worth: $9.4 Billion

3. Abdulsamad Rabiu ($1.4 Billion )

The founder and chairman of BUA Group is also the chairman of the Nigerian Bank of Industry.

He is no stranger to business and money as he started overseeing his family business from a young age of 24.

  • Full name: Abdulsamad Isyaku Rabiu.
  • State of Origin: Kano.
  • Date of Birth: 4th of August, 1960.
  • Net worth: $1.4 Billion

4. Femi Otedola ($1.06 Billion)

The former employee of his family printing press in the nineties is a business man, a philanthropist.

He is the founder of Zenon Petroleum & Gas Limited, chairman of Forte Oil Plc, and Swift Insurance.

He has houses in Lagos, Abuja, Dubai, London, and New York City. He is the owner of FO Properties Ltd.

  • Full name: Femi Otedola.
  • State of Origin: Oyo.
  • Date of Birth: 4th of November, 1962.
  • Net worth: $1.06 Billion

Also Read: Net worth of Nigeria’s top ten richest bloggers

5. Theophilus Danjuma ($1.02 Billion )

General Theophilus Danjuma (Rtd) is the former chief of staff of the Nigerian army and former minister of defence.

He is one of the richest people in Nigeria and husband to Daisy Danjuma, one of the richest women in Nigeria.

He is the chairman of South Atlantic Petroleum, SAPETRO. He is also the founder of Nigeria America Line, NAL; COMET shipping Agencies Nigeria LTD.

The philanthropist is the founder of TY Danjuma Foundation. He has a stake in Notore Chemical Industries.

  • Full name: Theophilus Yakubu Danjuma.
  • State of Origin: Taraba.
  • Date of Birth: 9th of December, 1938.
  • Net worth: $1.02 Billion

6. Tony Elumelu ($1 Billion)

He is an economist, entrepreneur, philanthropist, and on the list of richest man in Nigeria.

He is the founder of the popular Tony Elumelu Foundation, chairman of Heirs Holdings that is a major shareholder in Transnational Corporation of Nigeria where he also chairs.

He is an alumnus of UNILAG, like the highest paid blogger in Nigeria, is married to Dr. Awele Vivien Elumelu and has 7 children.

  • Full name: Tony Elumelu.
  • State of Origin: Delta.
  • Date of Birth: 22nd of March, 1963.
  • Net worth: $1 Billion

7. Jim Ovia

Jim Ovia is the founder of Zenith bank, one of Nigeria’s best banks. He is also on the list of the richest man in Nigeria.

He is also the founder of Visafone Communications Ltd and chairman of Nigerian Software Development Initiative, NSDI.

He is also chairs the National Information Technology Advisory Council, NITAC; and Cyberspace Network Ltd.

He is the founder and chairman of Mankind United To Support Total Education, MUSTE; and the founder of Youth Empowerment / ICT Foundation.

He is married and has two children.

  • Full name: Jim James Ovia.
  • State of Origin:
  • Date of Birth: 4th of November, 1951.

Also See: Who is the tallest woman living in the world right now

8. Oba Otudeko

The founder and chairman of Honeywell Group is not Naija’s richest man and he is not excluded from the list richest man in Nigeria.

He is the former chairman of Airtel Nigeria Limited, and Fanmilk of Nigeria Plc.

The former chancellor of Olabisi Onabanjo University was the 16th president of the Nigerian Stock Exchange.

Although he worked with money for 23 years as a banker, and was once appointed a director to the board of Central Bank of Nigeria; he has not been ranked as Nigeria’s wealthiest man.

The founder of Oba Otudeko Foundation is happily married to Mrs Adebisi Aderonke Otudeko and a proud father of 3 children.

  • Full name: Ayoola Obafoluke Otudeko.           
  • State of Origin: Ogun.
  • Date of Birth: 18th of August, 1943.

9. Arthur Eze

He is a chemical and mechanical graduate and founder of Atlas Orato Petroleum.

He is one of the richest igbo men in Nigeria and a proud owner of a Rolls Royce.

  • Full name: Arthur Eze.
  • State of Origin: Anambra.

Also Read: The top ten richest women in the world today

10. Cletus Ibeto

He started as a spare parts import dealer after learning the trade. He later established Ibeto Petrochemical Industries Limited and other sectors of The Ibeto Group.

  • Full name: Cletus .M. Ibeto.
  • State of Origin: Anambra.
  • Date of Birth: 6th of November, 1952.

Richest Man In Nigeria (Summary)

In all sincerity, money is wanted, needed, wished for, prayed for, worked for, and who wouldn’t?

Money, they say, begets respect…hmm…the no. 1 citizen of the country, president of Nigeria is not the richest man in Nigeria but Aliko Dangote; so tell me, who is the most respected in Nigeria?

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