Best List: Top 50 Richest Men in Nigeria 2020 [$40,1234,658,762]

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Top 50 richest men in Nigeria
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The net worth of the top 50 richest men in Nigeria is estimated to be more than $30 billion. let’s find out their individual net worth then. 

 

Look I have to tell you some of the richest billionaires in Nigeria 2020 didn’t declare their assets. 

 

As such even Forbes can’t really dig into their wealth without it raising some eyebrows. 

 

So what will you get from today’s post? 

 

Well, in today’s post you will be able to discover some of the top 50 richest people in Nigeria 2020.

 

As a matter of fact, this list of top 50 richest men in Nigeria covers everything you need to know. 

 

Here is a bullet point of the headings I will touch before I draw the curtain. 

 

  • Who are the top 10 richest men in Nigeria today 

 

  • Who are the top 20 richest men in Nigeria today

 

  • Who are the top 30 richest men in Nigeria today

 

  • Who are the top 40 richest men in Nigeria today

 

  • Who are the top 50 richest men in Nigeria today

 

  • Conclusion 

 

Assuming you understand what you will get from the top richest persons in Nigeria 2020 then let’s dive in deeper. 

 

This list will race from the richest men in Nigeria top 10 through the top 50 richest men in Nigeria 2020

 

So sit tight! 

 

Who Are The Top 10 Richest Men in Nigeria 

 

Who are the top 10 richest men in Nigeria 2020? The top ten richest men in Nigeria are;

 

  • Aliko Dangote 

 

  • Mike Adenuga 

 

  • Bola Ahmed Tinubu

 

  • Ibrahim Badamosi Babangida

 

  • Umaru Abdul Mutallab

 

Now that we have the complete list of the top 10 richest men in Nigeria, now let’s touch on each bullet point. 

 

Aliko Dangote $16.4 Billion 

 

The first question you may want to ask me is who is Aliko Dangote right? 

 

I will satisfy your curiosity so you don’t have to worry. 

 

In other to answer your question, Aliko Dangote is a Nigerian businessman, philanthropist, and founder of Dangote Group. 

 

If you are looking for the richest man in Africa then look no further because you just found him. 

 

Although I believe there are many who are richer but have refused to disclose their wealth. 

 

When I wrote this article on the top 50 richest men in the world, Dangote didn’t make that list. 

Top 50 richest men in Nigeria

but he is among the top 200 richest people in the world right now holding the position of 163.

 

So what is his full name? The full name of Dangote is Alhaji Aliko Dangote. 

 

Dangote was born in Kano in the year 1957 April 10th. This is exactly 3 years before Nigeria got her independence. 

 

Oh did I forget to tell you that Dangote is from Kano State? because he really is. 

 

Truth be told Dangote and his several companies have created a lot of job opportunities. 

 

I am not talking Nigeria alone, his Dangote cement factory cut across several other African countries including Kenya. 

 

So how much is the net worth of Aliko Dangote? Aliko Dangote net worth is currently estimated to be $16.4 billion. He makes a lot of his money from his Dangote Group conglomerate. 

 

Dangote Group started with cement and then shift its focus to sugar, then crude oil. 

 

So far the success of all his companies makes him the number one richest man in Nigeria 2020. 

 

Aliko Dangote networth: $16.4 billion 

 

Now that you know who takes the first position on the top 5 richest billionaires in Nigeria let’s move on. 

 

Mike Adenuga $9.2 Billion 

 

Who is Mike Adenuga you may ask right? 

 

The simple answer to that question would be Mike Adenuga is a Nigerian billionaire. 

 

He is one of Forbes richest men in Nigeria according to the 2020 rankings. 

 

Mike Adenuga is a Nigeria telecommunication businessman, and the founder of the Globacom. 

 

If you follow Channels a lot you probably have ran into one of the company’s Ads on TV. 

 

So what is his full name? The full name of Chief Michael Adeniyi Agbolade Ishola Adenuga Jr. 

 

He was born in the year 1953 on April 29th to a father who is a teacher and a mother of royal blood. 

 

Adenuga took his primary and secondary school studies in Lagos before furthering his education. at the Northwestern Oklahoma State University

 

Nigeria is one country that is rich in crude oil which is her major export. 

 

Why the story? 

 

Well, it is because Mike Adenuga own stake in Conoil which is a crude oil drilling company. 

 

So how much is the net worth of Mike Adenuga? Michael Adenuga net worth is currently estimated to $9.2 billion. He majorly makes his money from his company Globacom. 

 

Globacom is the second largest telecommunication company in Africa. 

 

It has branches even in Benin, Kenya, and some other parts of Africa which have also help. to create job opportunities for more than 1000 persons in Africa. 

 

Mike Adenuga networth: $9.2 Billion 

 

Okay, I know what you are thinking if he is the 3rd richest person in Africa then that most put him in the number two position of the top 10 richest people in Nigeria right? 

 

Well, if that’s your thought then you guessed right. 

 

So let’s continue… 

 

The next one on our richest men in Nigeria list is Bola Tinubu… 

 

Bola Ahmed Tinubu $8 Billion 

 

At the beginning of this post, I told you about some people who did not declare their assets right? 

 

Well this man is one of them and he is so filthy rich through his political career. 

 

So who is Bola Tinubu? Bola Tinubu is a Nigerian politician and the ex governor of Lagos State. 

 

What is his full name then right? His full name is Chief Bola Ahmed Adekunle Tinubu. 

 

Tinubu was born in Lagos State in 1952 precisely March 29th. 

 

Tinubu had his primary and secondary education in Nigeria before flying to US to acquire a degree in accounting. 

 

He studied accounting in Chicago State University where he graduated with a degree in accounting. 

 

Bola political career has been one that’s got the country talking for over decades. 

 

and his APC party has the current president ruling the nation Nigeria, the person of President Buhari. 

 

So how much is the net worth of Bola Ahmed Tinubu? Bola Ahmed Tinubu’s net worth is currently estimated to be $8 billion. A larger chunk of his wealth was made through politics. 

 

His political career saw become a one time governor of Lagos States whilst ruling with great integrity. during his tenure in office. 

 

Bola Ahmed Tinubu networth: $8 Billion

 

Although Ahmed has other sources of income, this is the place that birth every other of his income. 

 

Now let’s get on to the number 4 of the top 50 richest people in Nigeria today, shall we? 

 

Ibrahim Badamosi Babangida $7 Billion

 

Another great politician who never declared his wealth but as a Nigerian, we know how rich he is. 

 

So who is Babangida? Well I can say he is most popular for coups in the 1970s and 1980s.

 

Ibrahim Babangida is a Nigerian politician and ex-president of the Republic of Nigeria during military rule. 

 

The wealth Ibrahim has amassed over the years comes from politics. 

 

So what is his full name? His full name General Ibrahim Badamasi Babangida. 

 

He was born in Minna which is the capital of Niger in the year 1941 August 17th. 

 

General Ibrahim Babangida attended Government college Bida. 

 

Babangida is among one of the very few military personnel with several courses attended which boosted his rank. 

 

How much is the net worth of Ibrahim Badamasi Babangida? Ibrahim Babangida net worth puts him in 4th position with a net worth averaging $7 Billion. 

 

It is believed that he could be worth more due to owning several stakes in different companies in Naija. 

 

Ibrahim Babangida networth: $7 Billion 

 

Personally I believe politicians are crooks but this is just a one man’s opinion and you can let it slide. 

 

This list makes him one of the 4th richest men in Nigeria 2020. 

 

Umaru Abdul Mutallab $3.2 Billion 

 

Who is Umaru Abdul? Umaru Mutallab is a Nigerian businessman and a financier according to Wikipedia. 

 

If you are looking for one of the most prominent bankers in the country then Mutallab is your guy. 

 

Abdul Mutallab is also a politician and he served in the military alongside the likes of General Olusegun Obasanjo who is also an ex-president of Nigeria. 

 

So what is his full name then? His full name is Alhaji Umaru Abdul Mutallab. 

 

He was born in the year 1939 December 15th in the rural-urban area of Funtual in Katsina. 

 

Abdul schooled both in Ghana, London, and Nigeria and was awarded an honorary degree. 

 

His knowledge in finance has helped him amass quite a fortune as the once vice-chairman, managing director and CEO of UBA. 

 

So how much is the net worth of Umaru Abdul Mutallab? Umaru Abdul’s net worth is currently estimated to be $3.2 billion. 

 

Much of his income comes from politics assuming several key roles in the financial industry. 

 

Umaru Abdul Mutallab networth: $3.2 Billion. 

 

His net worth puts 5th on a star-studded list of the top ten richest men in Nigeria 2020

 

Now let’s get to who the 6th person on this list is shall we? 

 

Femi Otedola $2.3 Billion 

 

Femi Otedola huh! Chances are if you are a Nigerian then you must know Otedola. 

 

I mean this guy is so rich and even his kids are rich as well with their fortune stemming from the entertainment industry. 

 

So who is Femi Otedola? Femi Otedola is a Nigerian business magnate and a Philanthropist. 

 

I remember at the early beginning of COVID-19, he is among the big names that contributed more than 900 million to fight the pandemic. 

 

Although I doubt it was ever a pandemic but that’s just my thoughts. 

 

Otedola is one of the top 10 billionaires in Nigeria today no doubt. 

 

Femi Otedola was born in Ibadan in the year 1962 November 4th in Ibadan. 

 

Otedola rise to wealth came after raising capital to kick start his Zenon Petroleum and Gas Ltd, a petroleum products marketing and distribution company. 

 

He later merged his company Zenon with African petroleum which saw his shares rise quickly. 

 

Now how much is the net worth of Femi Otedola? Femi Otedola net worth is estimated at around $2.3 billion. His source of income are diverse. 

 

You know how I said that multiple stream of comes saves your ass from trouble right? 

 

Well I got that right? 

 

Femi Otedola networth: $2.3 Billion. 

 

Olusegun Obasanjo $2.3 Billion 

 

Who is Obasanjo? Simply put Olusegun Obasanjo is a Nigerian politician, farmer, and author. 

 

Obasanjo is also one of the ex-presidents of the federation of Nigeria ruling both in the military regime as well as a civilian president. 

 

His reign lasted until 2007 and tenure is greeted with a mixed feelings from Nigerians. 

 

While he is notable for bringing the GSM into Nigeria, he is also popularly regarded as the one man that destroy Nigeria. 

 

So what is his full name? The full name of president Olusegun Obasanjo is Chief Olusegun Matthew Okikiola Aremu Obasanjo. 

 

He was born in Ibogun Olaogun village in Southwest of Nigeria in the year 1937 March 5th. 

 

Obasanjo attended Baptist Boys High School and was raised as a Baptist. 

 

The tenure General Olusegun Obasanjo ruled as a civilian can be summed up in few words. 

 

Do you know what those words are? 

 

Well did you know that during his reign as a military head of state he came one of the presidents aligned with USA. 

 

He fought and gave his support to South Africa during the WHITE minority rule. 

 

While as a civilian president, you and I probably know him for the corruption that befell the country. 

 

Although I doubt if that was the time corruption started in country of Nigeria. 

 

Anyways enough said already…

 

How much is the net worth of Olusegun Obasanjo? General Olusegun Obasanjo’s net worth is currently estimated to be $2.3 billion. A larger part of his income comes from his era as the ex-president of Nigeria. 

 

Since stepping down from power, Obasanjo has been very silent and. busy concentrating his latter years on farming. 

 

Olusegun Obasanjo networth: $2.3 Billion 

 

Time to move a little bit further now shall we? 

 

Folorunsho Alakija $2.2 Billion 

 

Another of the top richest billionaires in Nigeria currently is Folake Alakija. 

 

Let’s discuss about her a little shall we right? 

 

Okay! So who is she? Well, Folake Alakija is a Nigerian businesswoman, she has her hands weaved around fashion and oil. 

 

As a matter of fact, you can add real estate to the list of things she does to earn her billion dollars. 

 

So what is her full name? simply put her full name is Folorunsho Alakija. 

 

and she was born in Ikorodu in Lagos State Nigeria in the year 1951 July 5th precisely. 

 

Alakija attended Dinorben School for Girls in Hafodunos Hall in Llangernyw, Wales. and upon finishing her primary education, she moved back to Nigeria. 

 

While in Nigeria she furthered her education at Muslim High School” in Sagamu, Ogun State, Nigeria. 

 

So how much is the net worth of Folorunsho Alakija? Folorunsho Alakija net worth is currently established to be $2.2 billion. 

 

The most of her incomes come from her fashion designing company… 

 

but she branched into the crude oil sector in 1993 after putting in for a OPL license. 

 

His company is currently a subsidiary to Texaco to which she owns a larger stake. 

 

There are other sources of Alakija’s income but these are the few you should know. 

 

because these are the primary contributers of her billion of dollars in Nigeria. 

 

Folorunsho Alakija networth: $2.2 Billion 

 

Theophilus Danjuma $2.1 Billion 

 

Danjuma is the 9th person on our top 10 richest persons in Nigeria 2020 list so let’s talk about him a little. 

 

Who is Danjuma? Theophilus Danjuma is a Nigerian businessman, Army general, and a politician. 

 

Danjuma was once the chief of staff of the Nigerian federation under general Olusegun Obasanjo. 

 

but wait that’s not all, his skill in the oil sector has seen his net worth rise substantially too. 

 

So what is his full name right? His full name is General Theophilus Yakubu Danjuma. 

 

Danjuma was born in Taraba which has its capital as Jalingo in the year 1938 December 9th. 

 

Politics has always been a lucrative way to amass wealth in Nigeria although its a shame. that despite her wealth the country suffers so much. 

 

So how much is the net worth of Theophilus Danjuma? Theophilus Danjuma net worth is $2.1 Billion. Much part of his source of income stem from South Atlantic Petroleum. 

 

This list is largely made up of politicians and one of their most common sources of wealth is crude oil. 

 

Danjuma is no exception from this list of the richest men in Nigeria right now. 

 

Theophilus Danjuma networth: $2.1 billion 

 

Abdusalam Rabiu $1.5 Billion

 

This is the last person on the Shoutmeceleb.com list of 10 of the top 50 richest men in Nigeria. 

 

I will take you to the top 20 list after this but for now let’s concentrate on Rabiu a little. 

 

Who is Abdusallam Rabiu? Well, Rabiu is a Nigerian businessman and the founder of the company Boa Group. 

 

While Dangote may be leading in the cement industry, Rabiu is more focused on Agriculture. 

 

but more on that when we dive into a different aspect in a different post. 

 

So does he have any educational background? 

 

Very much so but first when was he born? Abdusallam Rabiu was born in the northern part of Nigeria. 

 

He was born in the year 1960 in Kano Nigeria which has its capital as Kano. 

 

Rabiu finished his primary education in Nigeria before flying to Ohio where he attended Capital University in Columbus, Ohio

 

While he was done with his studies, did you know Rabiu returned to Nigeria to continue his father’s business? 

 

Yeah he did at the early age of 24… 

 

He then established BUA Group for commodity trading which deals in importations. 

 

So how much is the net worth of Abdusallam Rabiu? Abdusallam Rabiu net worth is currently estimated to be $1.5 billion. 

 

His major source of income comes from BUA Group and BOA. 

 

BUA Group later bought Mills limited which is one of the largest edible oil producing companies in Nigeria. 

 

Do you know that Rabiu BUA Group at some point was averaging more than $2.4 billion on yearly revenue? 

 

Might sound shocking right? 

 

but hey it should not, that’s the power of trading when you know your way. 

 

Abdusalam Rabiu networth: $1.5 Billion 

 

This sums up the top 10 richest men in Naija list today, now let’s jump into the top 20. 

 

Who Are The Top 20 Richest Men in Nigeria 

 

 

Who are the richest men in Nigeria top 20? The richest men in Nigeria top 20 list are;

 

  • Tony Elumelu

 

  • Orji Uzoh Kalu

 

Tony Elumelu $1.4 Billion 

 

Who is Tony Elumelu? Elumelu Tony is a Nigeria Entrepreneur and the founder of Tony Elumelu Foundation. 

 

but wait that’s not all, you must have known him as the chairman of the United Bank of Africa

 

UBA is one of Africa’s largest banking organisation which predates the 90s. 

 

So what is his full name? The full name of Tony Elumelu is Tony Onyemaechi Elumelu. 

 

So where was he born you may ask right? 

 

Tony Elumelu was born in Jos which is the capital of Plateau State in the year 1963 March 22nd. 

 

Tony’s state of origin is Delta which has its capital as Asaba. 

 

Do you know he has two degrees currently? 

 

Tony graduated from Ambrose Ali University with a bachelors degree in economics. 

 

He then went for his master’s degree at the University of Lagos State. 

 

So how much is the net worth of Tony Elumelu? Tony Elumelu net worth averages a total of $1.4 Billion. His major source of income comes from him being the chairman of UBA, Heir Holdings as well as Transcorp. 

 

Tony Elumelu networth: $1.4 Billion 

 

The net worth Tony Elumelu has ranks him as the 11th of the top 50 richest men in Nigeria today

 

Orji Uzoh Kalu $1.1 Billion

 

Orji is the second billionaire in Nigeria with an Igbo origin which is a good thing. 

 

As a matter of fact, I would have been surprised if I didn’t find an Igbo man on this list. 

 

This is because I know the Igbo people are very industrious but the political system is flawed. 

 

So who is Orji Uzoh Kalu? Orji Uzoh is a Nigerian businessman, politician and the founder of SLOK Holdings. 

 

He was born in April 21st, 1960 which historically is 6 months before Nigeria got her independence. 

 

Uzoh attended Christ the King and the college of Barewa Zaria. 

 

It was after leaving the college he decided to pick a form that saw him gain admission into University of Maiduguri. 

 

Did you know that while at the university he studied political science and an incident broke out? 

 

This incident led to his suspension from school, though it’s a long time ago, history still remembers it. 

 

So the question is how much is the net worth of Orji Uzoh Kalu? Orji Uzoh Kalu’s net worth is estimated to be $1.2 Billion. A lot of his income comes from SLOK Holdings which is a conglomerate. 

 

SLOK Holding has several branches around Africa heck even in China Asia. 

 

Orji Kalu networth: $1.1 Billion

 

The net worth Orji Uzoh Kalu has amassed ranks him in the 12th position as one of Nigeria’s top billionaires in 2020. 

 

Now let’s look at who occupies the 13th spot shall we? 

 

Pascal G Dozie $1 Billion

 

The list of top 20 richest people in Nigeria will never be complete without names like Pascal Dozie. 

 

So I bet the question running through your head right now is who is Pascal G Dozie? 

 

Maybe not the question you are asking but I was just anticipating… 

 

Lolz! 

 

Anyways Pascal Dozie is a Nigerian businessman and an entrepreneur who is the founder of Diamond Bank. 

 

Look I don’t like that bank and Access Bank who bought in 2016 isn’t doing a great job either. 

 

but that’s not the topic of discussion so let’s skip that right? 

 

So what is the full name of Pascal? Well his full name is Pascal Gabriel Dozie. 

 

He was born in Imo State which has its capital as Owerri in the year 1939 April 9th. 

 

Dozie education is one that’s characterized by success. 

 

He got his WAEC certificate from Holy Ghost Juniorate Seminary and Holy Ghost College. 

 

He then traveled to London where he got a BSC degree in economics. 

 

So how much is the net worth of Pascal G Dozie? Pascal Gabriel Dozie is net worth is estimated to be $1 Billion. 

 

Most of his income comes from his then Diamond Bank which has now merged with Access Bank. 

 

His Pan-African University is also an additional source of income for Dozie. 

 

Pascal Dozie networth: $1 Billion 

 

Jimoh Ibrahim $1 Billion

 

Who is Jimoh Ibrahim? Jimoh is a Nigerian politician, Philanthropist, and lawyer. 

 

For those that are up to date with business news around the country then he is the founder of Global Fleet Group. 

 

Jimoh Global Fleet Group is a conglomerate specializing in several businesses. 

 

Some of which are Oil and Gas, Law, and insurance to name a few. 

 

So what is his full name? His full name is Jimoh Ibrahim and he was born in the year 1967 February 24th. 

 

Jimoh’s origin could be traced to Ondo State which has the capital Akure. 

 

Ibrahim graduated with a degree in law popularly known as LLB and also a Master of Public Administration. 

 

So how much is the net worth of Jimoh Ibrahim? Jimoh Ibrahim net worth averages $1 Billion as of 2020 making him one of the richest billionaires in Nigeria currently. 

 

His sources of income comes majorly from his Global Fleet Group conglomerate. 

 

Jimoh Ibrahim networth: $1 Billion 

 

The net worth Jimoh Ibrahim has gathered over the years makes him a worthy person to be on this list. 

 

Jim Ovia $850 Million

 

Who is Jim Ovia? Jim Ovia is a Nigerian businessman holding several powerful offices in the country. 

 

One of such office includes the Nigeria Software Development Initiative to which he is the chairman. 

 

Jim Ovia is also the founder of Zenith Bank which is one of the top banks in the country today. 

 

So what is his full name? His full name is Jim James Ovia. 

 

Jim was born in the year 1951 November 4th 8 years before Nigeria got her independence. 

 

Ovia James got his BSC degree from Southern University Baton Rouge Louisiana

 

So how much is the net worth of Jim Ovia? Jim James Ovia net worth is $850 million. Most of his wealth comes from founding the financial institute Zenith Bank. 

 

Jim Ovia networth: $850 million 

 

The net worth Jim Ovia currently has makes him one of the richest men in Nigeria in 2020. 

 

Atiku Abubakar $830 Million

 

Who is Atiku Abubakar? Atiku Abubakar is a Nigerian businessman, politician, and ex-vice president of Nigeria. 

 

Atiku over the years has been known to be a constant contender for the position of president. 

 

Although he has failed in all his attempts with the latest failure coming in 2019 when Buhari defeated him. 

 

So what is his full name? His full name is Atiku Abubakar and he was born in the year 1946 on November 25th. 

 

His father is a Fulani man and died trying to cross a river to a neighboring community. 

 

Abubakar has since gained enough level of education to position in society as a success. 

 

The ex-president has several business ventures including Intels Nigeria Limited which is an oil servicing business. 

 

He has operational centers in Nigeria as well as abroad. 

 

So how much is the net worth of Atiku Abubakar? Atiku Abubakar net worth puts him on the top 20 richest men in Nigeria with a net worth of $830 million. 

 

The net worth Atiku Abubakar has makes him an influential figure in business in Nigeria. 

 

Atiku Abubakar networth: $830 million

 

Mohammed Indimi $670 Million

 

Who is Mohammed Indimi? Mohammed Indimi is a Nigerian business magnate who is the chairman and founder of Oriental Energy. 

 

Oriental Energy is oil production and exploration company that was founded in 1990. 

 

So what is his full name? The complete name of Indimi is Muhammadu Indimi. 

 

He was born in the year 1947 precisely August 12th in the Northern part of Nigeria. 

 

Indimi is also a politician and a one time minister of federal Republic of Nigeria under. Late General Sani Abacha. 

 

Muhammadu Indimi currently lives in Maiduguri with his wife and children. 

 

So how much is the net worth of Muhammadu Indimi? Muhammadu Indimi net worth $670 million. 

 

A larger part of his income comes from his Oriental Energy company which currently has offshore jobs in the southern part of Nigeria. 

 

Mohammed Indimi networth: $670 million 

 

Tunde Folawiyo $650 Million

 

It is hard to see a millionaire or billionaire in Nigeria not tapping from the natural crude resources. 

 

This is because Nigeria is so centric on Oil production and exploration. 

 

Although I feel a time will come when Nigeria will diversify their sources of income. 

 

but whether it’s in the 10 years’ time I have no idea except I want to be like Doctor Fauci who accurately predicted a CORONA VIRUS outbreak years before it happened. 

 

So who is Tunde Folawiyo? He is a Nigerian businessman and the founder of Yinka Folawiyo Group. 

 

The group deals on several business ranging from crude oil to real estate and more. 

 

So what is his full name? The full name of Tunde is Tijani Babatunde Folawiyo. 

 

Tunde schooled abroad securing his first degree from the London School of Economics. 

 

He then got an LLB degree and then an LLM degree from the University College London. 

 

Folawiyo company has several other subsidiaries which ventured into agriculture as part of a bigger conglomerate. 

 

So how much is the net worth of Tunde Folawiyo? Tunde Folawiyo net worth is currently estimated to be $650 million. 

 

He has earned several of his income by occupying several key position in organizations set within Nigeria. 

 

This includes a one time director of MTN Nigeria Limited which is a telecom company operating in Nigeria. 

 

Tunde Folawiyo networth: $650 million 

 

Oba Oteduko $650 Million

 

The beauty of Nigeria is the fact that there are still several business opportunities for you and me. 

 

I mean look at agriculture for example, there is a lot of job to be done right? 

 

Heck even construction and clean energy companies are not yet being explored. 

 

So there is still a huge market out there… 

 

Having said that who is Oba Oteduko? He is a Nigerian businessman and the founder of Honeywell Holdings. 

 

He also founded the Oba Oteduko foundation which is responsible for so many philanthropic activities in the country. 

 

Oba Oteduko was born into a Royal family as in the year 1943 August 18th. 

 

He was born in Oyo which has the capital Ibadan in the South Western part of Nigeria. 

 

Oba Otudeko attended executive management training programs at International Institute for Management Development and Harvard Business School. 

 

So how much is the net worth of Oba Oteduko? Oba Oteduko’s net worth is estimated to be $650 million. A major part of his income stem from Honeywell Holdings. 

 

Oba Oteduko networth: $650 million 

 

Hakeem Bello Osagie $600 Million

 

Who is Bello OSAGIE? Hakeem Bello Osagie is a Nigerian businessman and the chairman of Metis Capital Partners. 

 

It is majorly focus on large-ticket transactions in Africa to select blue-chip, international investment partners. 

 

At least this is according to sources online discovered after a brief research. 

 

Bello used the connection of his father to gain higher ground in Nigeria oil exploration. 

 

No doubt this was his first thirst of wealth and power which led to his ranking as one of the richest men in Africa according to Forbes. 

 

Just in case you are wondering who is father was, well he was a gynecologist during the military regime of Babangida. 

 

So how much is the net worth of Hakeem Bello Osagie? Hakeem Bello’s net worth is $600 million. 

 

Part of income comes from chairmanship positions in various financial institutes. 

 

This includes UBA, Union Bank, and more… 

 

Hakeem Bello networth: $600 million 

 

This concludes the list of top 20 richest persons in Nigeria

 

and now let’s dive into the top 30 richest people in Nigeria shall we? 

 

Top 30 Richest Men in Nigeria 

 

Who are the top 30 richest persons in Nigeria 2020? The top 30 richest men in Nigeria 2020 includes;

 

  • Prince Arthur Eze 

 

Prince Arthur Eze $600 Million

 

Who is Prince Arthur Eze? Arthur Eze is a Nigerian oil mogul, philanthropist and CEO of Atlas Oranto Petroleum. 

 

Atlas Oranto is one of the largest private oil exploration and production company in Nigeria. 

 

So what is his full name? The full name of Eze is Prince Arthur Eze. 

 

He was born in Ukpo village in the state of Anambra which is among the Eastern States in the country. 

 

Eze was born in the year 1948 on November 27th and he is very revered among the Igbo people. 

 

Arthur studied mechanical and chemical engineering at the Califonia State University long beach. 

 

So how much is the net worth of Prince Arthur Eze? Prince Arthur’s net worth is currently estimated to be $600 million. 

 

The net worth Prince Arthur Eze has makes him one of top 50 richest men in Nigeria currently. 

 

Prince Arthur Eze networth: $600 million 

 

Andy Uba $600 Million

 

Who is Andy Uba? Andy Uba is a Nigerian politician and a one time senator of Republic of Nigeria. 

 

So what is the full name of Uba? The full name of Andy is Emmanuel Nnamdi Uba. 

 

He was born in the year 1956 on December 14th in the Eastern part of Nigeria precisely Enugu

 

Uba comes from Anambra state and attended Boys High School in Awkunanaw. 

 

Andy Uba once ruled under PDP an acronym for people Democratic Party. 

 

Although he later switch sides to APC in 2017 due to several problems that befell his previous party. 

 

So how much is the net worth of Andy Uba? Andy Uba net worth is currently estimated to be $600 million. 

 

He made a lot of his money from playing the politics in Nigeria. 

 

Andy Uba networth: $600 million 

 

Cletus M Ibeto $600 Million

 

Who is Cletus M Ibeto? Cletus Ibeto is a Nigerian businessman and the founder of Ibeto Group. 

 

Ibeto Group is one of the largest industrial group in Nnewi. 

 

The community experienced a potential development trend after oil prices collapsed in Nigeria. 

 

Ibeto Group was formed after Cletus finished learning how to trade spare parts. 

 

After finishing his training as an apprentice he started importing spare parts from overseas. 

 

by 1995 he formed Ibeto Group which became one of the largest spare part company in the country. 

 

Cletus further diversity his sources of income venturing into the oil industry. 

 

His risk came back as successful making him one of the richest men in Nigeria top 30

 

So how much is the net worth of Cletus M Ibeto? Cletus Ibeto net worth makes is $600 million. 

 

A larger part of his net worth comes from his Ibeto Group to which he is the largest stakeholder. 

 

Cletus M Ibeto networth: $600 million 

 

Benedict Peters $600 Million

 

Who is benedict Peters? Benedict Peters is a Nigerian oil mogul and the founder of Aiteo Group. 

 

Aiteo Group has several subsidiary companies that dive into power. 

 

Currently some of the subsidiaries have acquired permit to build power generating companies in Nigeria. 

 

This has helped to diversify the income of Aiteo Group which has been more centric on Oil over the decade. 

 

Aiteo Group was founded in 2008 as a successor of Sigmund Communecci. 

 

So what is the full name of Benedict? Benedict’s full name is Benedict Peters. 

 

Benedict hails from Onitsha in Delta State but was born in Ebonyi State. 

 

Peters graduated from the University of Benin with a BSC degree in Geography and Town Planning. 

 

So how much is the net worth of Benedict Peters? Benedict Peters’s net worth is currently estimated to be $600 million. 

 

A larger part of his income comes from his Aiteo Group which is a conglomerate. 

 

Benedict Peters networth: $600 million

 

Igho Sanomi $600 Million

 

The right question to ask right about now is who is Igho Sanomi? 

 

Igho Sanomi is a Nigerian businessman and public speaker and a geologist. 

 

Sanomi’s business interest centers on oil, power, and real estate among other interests. 

 

He was born in Agbor Delta State in the year 1975 May 17th and his full name is Igho Charles Sanomi. 

 

Wealth found the Niger Delta born when he became the executive director of Cosmos oil. 

 

Cosmos oil is an international oil exploration company that operated in Nigeria in the 1990s.

 

Igho also established Taleveras Group which is an energy trading company to merge with Zug. 

 

Sanomi Igho graduated with a degree in Geology and Mining from the University of Jos. 

 

So how much is the net worth of Igho Sanomi? Igho Sanomi net worth is estimated to be $600 million. 

 

A major part of his income comes from the millionaire diversifying his income source. 

 

Igho Sanomi networth: $600 million 

 

Dr ABC Orjiakor $580 Million

 

Who is Dr ABC Orjiakor? Doctor Orjiakor is a Nigerian doctor and Co-founder of SEPLAT. 

 

Seplat is an oil and gas company founded for the purpose of oil exploration and production. 

 

If you have notice anything from this post so far it should be that everyone seems hell-bent on crude oil. 

 

It’s the country’s major source of income and everyone wants their own share of the pie. 

 

Dr ABC Orjiakor has managed several companies in the upstream and downstream of Nigeria crude oil exploration companies. 

 

You must be wondering why I keep calling him a doctor right? 

 

Well that’s because he is a doctor who practiced as a surgeon in Lagos University teaching hospital. 

 

So how much is the net worth of Dr ABC Orjiakor? Dr Orjiakor net worth is estimated to be $580 million. 

 

The net worth Dr ABC Orjiakor has comes from several of his companies like SEPLAT. 

 

Dr ABC Orjiakor networth: $580 million 

 

Bode Akindele $560 Million

 

Are you looking for one of the oldest businessmen in Nigeria? 

 

Well, one of such people will be Bode Akande… 

 

So who is Bode Akande? Bode Akande is a Nigerian businessman and the founder of Mondondola Group of Companies. 

 

His company is a conglomerate with a diverse focus on manufacturing, real estate, agriculture, and more. 

 

His popularity has spread across Africa and the rest of Europe as one of the biggest producers of match. 

 

His match business started in Sweden when he bought a Swedish match producing company. 

 

Chief Bode Akande is also the founder of Fairegate Group which is a real estate company. 

 

So how much is Bode Akande net worth? Bode Akande’s net worth is estimated to be $560 million. 

 

His sources of income come majorly from different sources which include real estate in the UK, Agriculture, and more. 

 

Bode Akande networth: $560 million 

 

Emmanuel Ojei $560 Million

 

Who is Emmanuel Ojei? Emmanuel Ojei is a Nigerian businessman. 

 

He was born in the city of Lagos in 1951. 

 

Emmanuel Ojei study at iIssele-Uku Technical College, Issele-Uku, Delta State where he acquired his secondary school certificate. 

 

He then gained admission into Abraka University in Delta State where he graduated with an honorary doctorate degree. 

 

His career began when he worked with Rutam Motors which was a company under late Felix Ibru. 

 

He however he resigned from the company to establish his own business. 

 

Today Emmanuel Ojei ranks as one of the richest businessmen in Nigeria

 

So how much is the net worth of Emmanuel Ojei? Emmanuel Ojei net worth is estimated to be $550 million. 

 

Emmanuel Ojei networth: $550 million 

 

Alhaji Sayyu Dantata $540 Million

 

Who is Sayyu Dantata? Alhaji Sayyyu Dantata is a Nigerian billionaire and the founder of MRS Holding Group.

 

Although his company’s name is now changed to MRS Holdings ltd, it still functions the same.

 

Sayyu Dantata has been the managing director of several mega-billion businesses in Nigeria.

 

Among these are Dangote Transport and engineering division.

 

Dantata graduated with a degree in mechanical engineering from Morris Brown College Atlanta- Georgia, USA.

 

Sayyu Dantata MRS Holdings group is involved in oil exploration and production.

 

So how much is the net worth of Sayyu Dantata? Sayyu Dantata net worth is estimated to be $540 million. A lot of his income comes from being the director of several billion-dollar companies in Nigeria.

 

An example of these companies is the Nigerian telecommunication service limited.

 

The net worth Sayyu Dantata has grown substantially over the decade thanks to a constant effort from the several managers and workers in the company.

 

Sayyu Dantata neworth: $540 million

 

His net worth puts him in a rare view of Nigeria richest billionaire lists of 2020.

 

Having said let’s take a look at Harry Akande’s worth, shall we?

 

Harry Akande $534 Million

 

The list of richest men in Nigeria won’t come to an end if you and I don’t mention names like Harry Akande.

 

So who is Harry Akande? In simple words, he is a Nigerian millionaire and the founder of AIC. which is the acronym for Akande International corporation.

 

His company is a conglomerate cutting through several business sectors such as Aviation, oil, and telecommunications.

 

Akande has held key positions in Nigeria and bodies built around development in Africa.

 

His exploits have helped him raked in a lot of money to his bank account.

 

I am not exaggerating when I say he currently has done contracts worth more than $2 billion in Africa.

 

Harry Akande was born in the year 1943 precisely on 3rd march in the oldest city in Nigeria Ibadan.

 

he gained admission into Hampton University, Hampton Virginia USA on a scholastic bursary from abroad, graduating in 1967 in Accounting and Finance with highest honors.

 

So how much is the net worth of Harry Akande? Harry Akande net worth is estimated to be $534 million.

 

 

The net worth he has amassed in more than 2 decades makes him one of the richest men in Nigeria top 3o list.

 

Harry Akande networth: $534 million

 

Now let’s get on to the top 40 richest men in Nigeria 2020 list, shall we?

 

Top 40 Richest Men in Nigeria

 

Who are the top 40 richest men in Nigeria today? The top 40 richest people in Nigeria are;

 

  • Ifeanyi Ubah

 

  • Chief Ade Ojo

 

  • Tony Ezenna

 

  • Alhaji Sani Dangote

 

  • Rochas Okorocha

 

  • Wale Babalakin

 

  • Sir Emeka Offor

 

  • Chief Molade Okoya Thoma

 

  • Umaru Dikko

 

  • Buba Marwa

 

Conclusion

 

Yeah, I know this is more than you probably bargained for but hey I hope it was worth all the time.

 

So there you have it top 50 richest men in Nigeria 2020 all covered in details.

 

So now it is your turn!


Who should make this list of richest people in Nigeria that you could not find on this list?


Do leave me a comment below with your thoughts so I can update this post with your thoughts quarterly.

 

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Best List: Top 50 Richest Men in Nigeria 2020 [$40,1234,658,762]
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Best List: Top 50 Richest Men in Nigeria 2020 [$40,1234,658,762]
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The net worth of the top 50 richest men in Nigeria is estimated to be more than $30 billion. let's find out their individual net worth then. 
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