Richest People In Nigeria Richest Billionaires In Africa Aliko Dangote

Top 10 Richest People in Nigeria

Do you know who is the Richest Man in Nigeria? If you are interested to find out, then you should try reading through this informative piece on the top 10 Richest people in Nigeria.

Nigeria has its fair share of rich people and some of them are enlisted in the Forbes ranking, while others are not. However, they are all wealthy and successful in adding value to the Nigerian economy.

Top 10 Richest People in Nigeria

To find out Who is the Richest Man in Nigeria is, you should quickly glance through the highlight of the Top 10 Richest People in Nigeria compiled below.

1. Aliko Dangote        

Net Worth: 12.1 Billion         

Source of Wealth: Dangote Group

Business manganate Aliko Dangote is the number one billionaire in Nigeria and Africa as well who also ranked number one on the Top Richest People in Nigeria as well as the Top 10 Richest Billionaires in Africa.

He has a net worth estimated to be over $12 billion which is largely acquired through his company Dangote group. The company is well known for its excessive production of sugar, flour, and cement, among other products.

2. Mike Adenuga

Net Worth: 6.3 Billion 

Source of Wealth: Telecommunication

Mike Adenuga is not just a rich billionaire in Nigeria but also one of the Top Richest Man in Africa. He is the Chairman and founder of Globacom telecommunication company rated as the second largest in the country with over 40 million users.

The company is present in other African countries including Ghana and Benin. More so, Adenuga owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil.

3. Alafaa Kariboye-Igbo

Net Worth: 6.1 Billion 

Source of Wealth: Entertainment, Oil & Gas, Real Estate, Car Dealer

The third spot on our list of Top Richest Billionaires in Nigeria is occupied by an unfamiliar personality Alafaa Kariboye-Igbo, a British-Nigerian business Magnate, best known for founding and serving as CEO of the “Oil Money Records” label aimed to promote upcoming artists.

Kariboye-Igbo is however involved in other businesses such as event promotion, Oil & Gas, real estate and Car Dealer, and CEO Oil Money Records.

4. Abdul Samad Rabiu       

Net Worth: 5.5 Billion 

Source of Wealth: Cement Production, Sugar Refining, and Real Estate

Abdul Samad Rabiu is also featured on the Forbes list of Top Richest Man in Africa, but now he is the fourth richest billionaire on the list.

The business manganate is the founder and chairman of BUA Group, a Nigerian multinational company that focuses strongly on manufacturing, infrastructure, and agriculture. Also, he is the current chairman of the Nigerian Bank of Industry (BOI).

5. Tony Elumelu        

Net Worth: 1.4 Billion 

Source of Wealth: Financial Services, Energy, Real Estate, Agribusiness

Tony Elumelu is the next billionaire on our list and he is the fifth richest man on the list of Top Richest Men in Nigeria.

The Nigerian economist and entrepreneur serve as chairman of several top profile businesses such as Heirs Holdings, the United Bank for Africa, Transcorp, and as well the founder of The Tony Elumelu Foundation through which small-scale and startup businesses around Africa are financially empowered and also mentored.

6. Jimoh Ibrahim

Net Worth: 1.1 Billion 

Source of Wealth: Oil and Gas, Real Estate, Insurance

Jimoh Ibrahim is the sixth Nigerian billionaire who also ranks among the Top Richest Lawyers in Nigeria. He is well known as a lawyer, politician, businessman, and philanthropist who is the chairman and CEO of Global Fleet Group, a diversified conglomerate based in Nigeria, with business interests and subsidiaries including Air Nigeria, NICON Insurance, Nigeria Reinsurance Corporation, NICON Luxury Hotel, among several others.

7. Orji Uzor Kalu

Net Worth: 1 Billion    

Source of Wealth: Furniture Manufacturing, Transportation, Oil Trading

Orji Uzor Kalu is a known Nigerian politician and businessman who is the chairman of SLOK Holding and the Daily Sun and New Telegraph newspapers in Nigeria.

He was once the Governor of Abia State, in the Eastern region of Nigeria from 1999 to 2007. However, his net worth seems to drop due to the decline in the prices of real estate and oil.

8. Folorunsho Alakija

Net Worth: 1 Billion    

Source of Wealth: Fashion, Oil, Real Estate, Printing Industries

Folorunsho Alakija Nigerian billionaire businesswoman and philanthropist, and is the only female to appear on our list of Top 10 Richest Billionaires in Nigeria with a net worth estimated to be $1 billion.

Alakija’s business interest includes fashion, oil, real estate, and printing industries. Also, she serves as the group managing director of The Rose of Sharon Group which has several subsidiaries; not forgetting to mention that she has a majority stake in DaySpring Property Development Company.

Folorunsho Alakija’s net worth makes her the richest woman in Nigeria.

9. Pascal Dozie  

Net Worth: 1 Billion    

Source of Wealth: Financial Services, Telecommunications

Pascal Dozie is a Nigerian billionaire businessman and entrepreneur who founded the Diamond Bank. Also, he is the chairman of Pan-Atlantic University.

His net worth is estimated to be $1 billion and it ranks him among the top Richest people in Nigeria.

10. Leo Stan Ekeh     

Net Worth: 1 Billion    

Source of Wealth: Internet Services, E-Commerce

Leo Stan Ekeh is one of the Top Richest people in Nigeria with a billionaire status. Ekeh is the founder and chairman of Zinox Group. Also, he is the chairman of, a famous e-commerce company in Nigeria.


I believe those who are interested to know Who is the Richest Man in Nigeria have found out by now and have learned more about the Top Richest people in Nigeria. There are more billionaires in the country but these are at the top of the chain.

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