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Richest people in Nigeria and their worth

by Ola Peter
December 22, 2017
in XTRA
Reading Time: 8 mins read
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Richest people in Nigeria

Richest people in Nigeria

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Richest people in Nigeria – Nigeria produced two new comers to the list of Africa’s richest Orji Uzor Kalu and Tony Elumelu and three new billionaires: Theophilus Danjuma, Uzor Kalu and Tony Elumelu.

Abdulsamad Rabiu left the Billionaires club as he dropped beow $1 billion due to ceased operations at his floating cement terminal in Nigeria

Nigeria’s Sani Bello was on the list but he fell from the ranks of Africa’s richest in 2014 after he sold his shares in a Nigerian oil exploration firm and stepped down as director of the company.

His Sani Bello foundation provides small loans and grants to young Nigerian entrepreneurs. His estimated worth, which was $500 million on 2013, fell below $400 million in the following years.

The oldest person on the list is 75 – Theophilus Danjuma. The youngest is Femi Odetola, age 48. There is only one woman on the list

Meet Forbes List of Nigeria’s Richest People

13. Oba Otudeko

Oba Otudeko - Richest people in Nigeria AYOOLA_OKA_OTUKEDO_theinfong.com
Oba Otudeko

Net Worth: $550 Million (As of November 2014)

Rank In Nigeria: #13

Rank In Africa: #46 (#33 in 2013)

Oba Otudeko is the founder and chairman of Honeywell Group.

The conglomerate’s operations stretch across oil and gas, flour milling, real estate and marine transportation.

Another piece of his fortune is in the oceanfront Radisson Blu in Lagos, Nigeria.

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