nigerian billionaires from poor backgrounds

Name Citizenship Net worth That a Nigerian billionaire and his . Consolidated Oil was the first indigenous company to strike oil in commercial quantities. Always an avid sports fan, in 2000 Bisciotti bought 49% ownership of the Baltimore Ravens. Please try again later. A post shared by Michael Adeniyi Adenuga Jr (@mike.adenuga). In 2008, he established TY Danjuma Foundation, which focuses on providing medical care, education, and basic amenities for children and young adults. He is the only son of Chief John D. Edozie, a former deputy governor of defunct Bendel State. The 95-year-old has also donated heavily to longevity research and vows to live until he is 125. Her 65-acre Californian estate is large enough for Winfrey to run a two-mile route without leaving the property. By 1982 he became director of marketing for Starbucks and was then CEO from 1986-2000. The Cure for AIDS will be discovered in Africa by Africans. He also established Reputation Pool for creating reputation voting and ranks. Born in Kano in 1960, Abdusalam Rabiu is one of the richest men in the country thanks to his investment in the BUA Group. He is a multi talented artist that sings, rap and acts. Some of the awards he has won for his contribution to the nations economy are African Entrepreneur of The Year at ATA (2007), 100 distinguished and Eminent Nigerians Centenary Awards (2018), and others. Orjiakor also operates other ventures in construction, real estate, pharmaceuticals, and shipping and holds several positions and stakes in various companies. He didnt go to college. His investments include Heir Holdings, the United Bank for Africa and the Transcorp. 1. https://www.instagram.com/p/CIydwaoDEtG/?utm_source=ig_web_copy_link. Also, he has awarded over 100 scholarships to Ondo State indigenes. Orjiako is also a Harvard trained businessman. A PRACTICAL GUIDE ON HOW TO SIGNIFICANTLY IMPROVE YOUR CREDIT SCORES IN 30 - 60 DAYS. Rotimi Alakija is a Nigerian Disc Jockey with the stage name DJ Xclusive. For someone who leads such a lavish lifestyle, you would not expect the fashion mogul to have been bullied for being poor at school. His mother Frieda was an artist, his father Frank was a house painter and money was tight. Roman Abramovich is known across the globe as a multi-billionaire with stakes in Evraz, Norilsk Nickel, and the UK's Chelsea soccer team. The total wealth held in Africa has fallen by 7% over the past . This founder was down to his last $20,000 when he cold-called a billionaire Make It While he has a net worth of $1.4 billion today, Alan Gerry grew up in Liberty, N.Y., during the Depression. Required fields are marked *. We have seen many numbers of children of politicians or business moguls break into the music scene with the influence or fortune from their families. In 1985, after a short spell working for a tech firm and the Abu Dhabi National Oil Company, Altrad bought a bankrupt scaffolding manufacturer in France. The entrepreneur mints a steady income from his oil production and telecom businesses. Her oil company, Famfa Oil Limited was founded in 1993 is said to generate Folorunso Alakija at least $10 million daily in profit. The wealth and assets of these Igbo business men have makes their net worth run in dollars. Hakeem Belo-Osagie also holds an M.A. 2012- Philanthropist of the Year award by the Nigeria Union of Journalists (NUJ), Anambra State Council, 2012- He received the Dr. Alex Ekwueme Award of Excellence for his outstanding contribution to Education in Nigeria and Africa through his foundation, SEOF, 2013- The Nigerian Library Association (NLA) conferred on him the Eminent Service Award, 2016- International Service Award for a Polio Free World by the Rotary International. These include London, Dubai and New York City. He built a 100 unit worth N700 million modern residential estate in Enwang. Veteran director Bharathiraja meets Kamal Haasan; Varalaxmi Sarathkumar's 'Kondraal Paavam' trailer; Golden Truth: Eight Things to Know Before Buying Gold In 1997, Koum was hired by Yahoo! ADVERTISEMENT. Nigerians' anger and frustration are deservedly directed to their government. He also owns the world's third-largest yacht (which he. Que Peller is a musician and magician signed to Aquila records. Free subscription Get the hottest stories from the largest news site in Nigeria. Nigeria is a country that is home to many wealthy individuals. He founded Muhammadu Indimi Foundation (MIF) with the aim of helping families and individuals in Northern Nigerian states out of hunger, poverty, and illiteracy. But the founder of the preppy all-American clothing empire grew up in less than comfortable surroundings. He is the chairman of the Yinka Folawiyo Group, a large conglomerate with interest in energy, agriculture, shipping and real estate. Tony Elumelu serves as an advisor to the USAIDS Private Capital Group for Africa (PCGA) Partners Forum. A post shared by Tony O. Elumelu (@tonyoelumelu). Be the first to get hottest news from our Editor-in-Chief . He is the founder and CEO of Interactive Brokers, a leading securities firm boasting over $6 billion (4.7bn) in equity capital. 1. Oracle software company founder Larry Ellison is worth $58.5 billion (45.9bn) and is the 10th richest person in the world. She also has investments in real estate which is said to be worth over $100 million. Ingvar Kamprad. Walmart Founder Samuel Walton, WhatsApp Co-founder Jan Koum, Carnegie Steel Founder Andrew Carnegie, and many other global. In 2009 Koum co-founded real-time messaging app WhatsApp. (@fint_ng). He is also the founder of the Tony Elumelu Foundation which has empowered thousands of entrepreneurs across Africa. When John Paul DeJoria was a child he sold Christmas cards and newspapers to support his family. Their Ivy-league educated daughters, Linda and Esther, work alongside their mother in merchandising. The group also owns sports brand PUMA and the $19 billion (14.82bn) company is run by Pinault's son. Open Bank Account Best Banks 2023 Both Brothers are sons of late Professor Moshood Abiola Peller, a Nigerian magician and one of Africas most renowned magicians. EY World Entrepreneur of the Year 2015 and Montpellier rugby club president Mohed Altrad is worth $2.5 billion (1.95bn). The company was one of the Nigerian companies that secured an oil-lifting contract in the federal governments bid through NNPC operating in Asia, Europe, and Africa. He was born Ayoola Otudeko and he trained as an accountant at the Leeds College of Commerce in the United Kingdom which is now the Leeds Beckett University. Winfrey was determined to break away, earning herself a scholarship to Tennessee State University and becoming the first African American TV correspondent in the state at just 19. On the list and in second place, according to the Al-Iqtissadi site, is Brazilian businessman Joseph Safra, 80, who comes from a Syrian family, with a value of 25.2 billion dollars, making him the richest banker in the world. Igho Sanomi is the chairman of the foundation, which aims at alleviating socio-economic hardship across the country. Tunde Folawiyo is a Nigerian businessman and the managing director of Yinka Folawiyo Group, a conglomerate founded by his father, Wahab Folawiyo, with interests in oil and gas, agriculture, shipping, real estate, and engineering. Who Is The Better Singer Between Asake And Seyi Vibez? Two years later, Troutt merged his company with Teleglobe in a $3.5 billion. Sakiru Adebayo. But sadly it wasnt enough and he was sent to foster care and wound up in a gang, before finding an olive branch in the form of the military. The Nigerian billionaire businessman amassed his wealth from the telecommunications sector and oil industry. Arthur Eze is one of the wealthiest men in Africa. He holds stakes in United Bank for Africa (UBA), two undeveloped offshore oil fields in the Nigeria-Sao Tome Joint Development Zone, Nascon Allied Industries, which deals in food manufacturing and fertilizer, and other personal investment and businesses. This prominent Nigerian businessman was born in a business-oriented family wherein he learned how to do business from his father, who was a religious scholar and also a successful businessman. He owns numerous luxury houses, yachts and even purchased 98% of the Hawaiian island of Lanai for $300 million (226m) in 2012. Going further in his philanthropic gestures, Arthur Eze singlehandedly built a medical research unit for the Nnamdi Azikiwe University. His parents were cotton shareholders and the family were so poor that they had no indoor plumbing or electricity. Nigeria The combined wealth of Nigeria's five richest men - $29.9 billion - could end extreme poverty in that country according to a new report published by Oxfam today. Jimoh Ibrahim is a politician, lawyer, businessman, and philanthropist with a net worth of $1.1 billion. Sadly, because his family was so poor, Del Vecchio, along with his siblings, was sent to an orphanage. This book is intended for everyone with a social security number in the United States of America. He has held the first position on the list in the last twelve years. The billionaire started as a soldier, having served in the Nigerian Army. Luxottica founder Leonardo Del Vecchio is one of the richest men in not just Italy but the entire world, worth $23.1 billion (18.02bn). He sits or has sat on boards of prestigious firms, including Fan Milk Plc, Airtel Nigeria, Honeywell Group, First Bank of Nigeria, Eco Bank, and Guinness Nigeria Plc. Rabius first and main business venture is BUA International Limited which deals in rice importation, sugar and vegetable oil, flour, iron, and steel. However, the 82-year-old has not forgotten his humble beginnings and still phones his electricity provider if he needs to challenge his bill. Do Won and his wife Jin Sook Chang, co-founders behind the $4 billion (3.12bn) fast fashion darling Forever 21, are worth $3 billion (2.34bn). Source: Oil. The Dangote Group is a major force in the sugar and cement market in Nigeria and Africa. He retired from the army in 1979 after which he focused on his business interests. Ellison moved to Chicago with his adoptive parents where he attended school. After borrowing $900 from a good Samaritan he bought a diner in Detroit and flipped it for a tidy profit. Offshore accounts protect these crooks." Ultimately, Pakistan's top court removed Sharif from office as a result of an inquiry sparked by the Panama Papers. Success! The writer is called Joseph Esenowo. He was responsible for leading Zenith Bank to become one of the largest and most profitable banks in the country. 1. He is also the chairman of Standard Alliance Insurance, Verticom Wireless, STB capital markets, Flame Petroleum and Gas Limited. A post shared by Join our Investment Club (@thetgiclub). Forbes 30 Under 30: Meet Omoha Nduka, 25-Years-Old Nigerian real Estate Billionaire Omoha Nduka John is an award winning Nigerian real estate entrepreneur, investor and philanthropist. 15. Danjuma had a very humble beginning. For Schultz, it was crucial to build a company with soul. For a while DeJoria slept in his car and sold shampoo door to door, before he teamed up with Paul Mitchell in 1980 and turned $700 into the hugely-successful John Paul Mitchell Systems. The billionaire businessman, who was born on 18 February 1981, is the immediate younger brother of award-winning musician, Kcee. He is the chairman of Prince luxury group and founder of Prince omoha foundation. Persons who achieved great success in politics, diplomacy and business in Africa can get such an award. Aliko Dangote came first. But Nigeria leads the way with 20, more than twice as many as any other nation here. Oba also owns minority stakes in First Bank and Ecobank. 1 is fortune completely inherited and the billionaire doesn't make any effort to significantly grow it, like Rockefeller and 10 being raised in extreme poverty or similar difficulties, like Oprah. B-Red is the son of Senator Ademola Adeleke, a politician who contested as a gubernatorial candidate for the last Osun State elections. Background: He was raised on a farm in Sweden. All three are now billionaires. Winfreys hit talk show has transitioned into a media and business empire, including a magazine and cable channel, OWN. David Adedeji Adeleke, popularly known as Davido is singer and songwriter. Ever the grafter, Bisciotti had part-time jobs mowing lawns, babysitting and and pumping gas throughout his teens before going off to college at nearby Salisbury State University. With a 39% stake in the company, Ellison soon became a billionaire. As a group, the continent's 18 billionaires are worth an estimated $84.9 billion - a 15% increase from twelve months ago and the most since 2014, when a larger number of billionaires-28-were. She is the daughter of Billionaire oil mogul, Femi Otedola and a granddaughter of Late Sir Michael Otedola, a former governor of Lagos state. Get the latest money-saving tips, expert strategies for boosting your wealth and generally-useful financial info sent straight to your inbox by entering your email address below. Your email address will not be published. You come up against an obstacle and you have to find a way of moving forward. In 2019 they plan to open a museum in France. 5. Listed in no particular order, these are billionaires and multi-millionaires; all figures are in US dollars. Meet Helen Pauls Husband Femi Bamisile and Children. He has a net worth of $2.7 billion (2.1bn) and is the 887th richest person in the world. As one of the most outstanding entrepreneurs in Africa, he also sits on many boards. 11. At the beginning of his career, Lalibert had fire in his belly literally. Fashion designer Ralph Lauren has an estimated wealth of $6.2 billion (4.9bn) and comes in at number 281 on the Forbes Billionaires List of 2018, making him one of the richest clothing moguls on the planet. The most prominent and yielding in the group of his companies is Global Fleet Oil and Gas, which grew by buying out as many gas stations as possible and acquiring more than 150 gas stations in just a year. He is the patron of a famous South African artist William Kentridge notable for his animated films, drawings, and paints. She's 31, she has five children born by the "billionaire" kidnapper, and she has been by his side since the age of 17. While retaining their spot as the most industrious tribes in the country. The richest region in Nigeria is the southeast region because they have the highest GDP per capita, also they have far less youth unemployment in Nigeria despite being marginalised. The company owns gas/petrol stations and fuel storage depots and manufactures its engine oils. In 1986, he won National Merit Award by General Ibrahim Babangida. . His business interest is primarily in oil and he is the chairman of South Atlantic Petroleum (SAPETRO). Date of birth: 24th February 1967. He is the son of Billionaire and industrialist, Taiwo Afolabi. His other investments include the Daily Sun and the New Telegraph newspapers. Folorunso Alakija made headlines a few years ago when she unseated Oprah Winfrey to become the richest black woman in the world. Buzznigeria.com copyright 2021. According to Forbes, he is worth $1.1 billion. As for Ortega, he is notoriously private, rarely gives interviews and, unlike fellow billionaires, is known for maintaining a simple lifestyle. He is the chairman of the Mondola Group. In the late 1980s he started his casino business and began to make serious money. Tony Rex Idaminabo. In February, the European Bank for Reconstruction and Development revised its forecasts for Egypt's growth this year to 4.3%, down from its previous projection of 5%. The BUA Group has the second largest sugar refinery in the country. Some of the world's wealthiest entrepreneurs were born dirt poor. Over the years, he has attended executive management programmes in Switzerland and U.S.A, one of which is at the Harvard Business School. It reveals how the benefits of economic growth have been captured by a wealthy elite . The third on the list of 20 richest men in Nigeria is the popular Femi Otedola. According to the latest release by Forbes, Femi Otedola has net worth of $2.3 billion which puts him at the third position in terms of wealth in Nigeria. With an estimated net worth of $10.3 billion, according to Bloomberg, the Dangote Group founder is the richest man in Africa. His career in oil has also seen him delve into American politics, landing him the role of national energy adviser to Mitt Romneys presidential campaign in 2012. Benedict Peters is the founder of Aiteo Group, a conglomerate with primary interest in energy. From a fashion designer to oil tycoon, Folorunso Alakija is currently worth $2.1 billion making her the richest African woman. When World War II broke out, Lowys family moved to Hungary to avoid being arrested by the Nazis. He is the founder and chairman of Cosmos AG oil. 1. Hakeem is a renowned philanthropist and one of the largest donors to the African Leadership Academy. Apart from her wealth, Folorunso Alakija is known for her philanthropic activities. His acquisition of the large oil company Sibneft created the vast majority of his wealth. He subsequently ventured into politics, serving as a Minister of Defense under President Olusegun Obasanjo. Xin went on to study at both Sussex and Cambridge universities before landing a job at Goldman Sachs, where she worked in floating Chinese factories on the public stock exchange. The mobile network company has over 55 million subscribers with a presence in Nigeria, Ghana, Benin, ad Cote dIvoire. Most of their Diasporas are engage in b This investment is said to be worth over $9 billion and it is expected to be completed by 2019. Nicknamed Superman, Li Ka-shing is revered as one of the most influential businessmen in Asia and he is certainly the richest, worth $33.1 billion (25.82bn). According to the latest release by Forbes, Femi Otedola has net worth of $2.3 billion which puts him at the third position in terms of wealth in Nigeria. He is the founder and CEO of The Ibeto Group, a group of companies that have interests in automobile spare parts, cement production, energy, hospitality, petrochemicals, and real estate. Recap of the Top 20 Richest Men in Nigerian and Their Net Worth. Through his fathers university, Michael Otedola University, he set up a scholarship scheme which has helped over 1000 students since its inception. Blacks shall become Presidents in White Nations, especially in Europe. All Rights Reserved. He is the richest man in Nigeria and Africa. 2012- Officer of the Federal Republic of Nigeria. Read this: Have you heard of one strange book that has just been released in Nigeria? Also among the richest men in Nigeria is Jimoh Ibrahim, a well-established Nigerian lawyer, politician, businessman, investor, and philanthropist. Howard Schultz is an American self-made billionaire, most famous for making coffee chain Starbucks the global success story that it is. He began apprenticing at a car and eyewear parts factory at age 14 to put himself through design school. In 2005 he sold the oil company for $13bn (10.15bn). Of his past he said: "I had no special dream only the ambition not to accept my initial destiny.". In 1989 DeJoria and partner Martin Crowley acquired a stake in boutique tequila maker Patrn and have grown it to sales of more than $800 million (624m). Not too long after their company took off, Mitchell died of cancer and DeJoria took over. This trained orthopedic and trauma surgeon left the healthcare sector to pursue his interest in a business which is oil and gas. The son of a single mother who worked as a bartender, Troutt grew up in public housing in Mount Vernon, Illinois. Nigeria has, over time, proven to be richly blessed with highly intellectual individuals who, through hard work, creativity, and resilience, have dedicated themselves to the countrys economic growth. The Allegis Group, which Aerotak is part of, is now a $10.8 billion (8.5bn) company, with nearly 500 offices worldwide. Ambrose Bryant Chukwueloka Orjiako, popularly known as ABC Orjiako, is the chairman and co-founder of SEPLAT, one of Nigerias largest petroleum development companies. By 32 years-old, Winfrey was a millionaire. The study looks at the economic and social backgrounds of the winners of the BBNaija show in order to show that they were average Nigerians. Four Syrian businessmen have been named of the Forbes Middle East rich list for 2019, which includes 42 billionaires. With a net worth estimated at $670 million, Jim Ovia also made it to our list of the richest men in Nigeria. Mother and daughter moved to Hong Kong when Xin was 14 and, to make ends meet, they both got jobs as factory workers. He recently invested in power generation as part of the liberalisation of the sector in Nigeria. Femi Otedola has real estate properties in different parts of the world. With a net worth of over $12billion in 2018, Aliko Dangote is the richest man in Nigeria and entire Africa. Instead, inspired by the surrounding oil in Oklahoma, he started reading up on geology, at the same time as launching his own trucking company. He is not only the richest man in Nigeria but Forbes #1 African Billionaire 2023 and The Richest Black Billionaire in the world. How did he do it? Dangote has investments in Nigeria as well as countries like Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania and Zambia. In 1988 Kenny Troutt founded long-distance phone company Excel Communications and in 1996 Troutt took the company public. He founded Credit Transactions and Investments Limited (CTIL), an energy consulting firm. Theophilus Danjuma is a retired general, billionaire and philanthropist. Many in this exclusive club had a running start on wealth thanks to affluent families and a first-class. Peters previously worked with Aliko Dangotes younger brother, Sayyu Dantata, at Ocean and Oil, now known as Oando PLC, before establishing his own petroleum industry. Nigerian billionaire Abdul Samad Rabiu says it's time for African countries to work together to create a food value chain across the continent, and produce more goods for domestic consumption. The Guardian newspaper named him Oil and Gas CEO of the Year in June 2018. In addition, Ovia owns numerous properties all over Nigeria. These are the top 5 rap albums by Nigerian hip hop artistes released in the year 2022. He is also well notable for being the chairman of Etisalat, Nigerias fourth-largest mobile telecom network, with more than 18 million subscribers. He is well known to be the Chief Executive Officer and controlling shareholder of Forte Oil, with a 78% stake. He would later venture in to the oil and gas industry. This firm would later metamorphose in to what is now known as the Dangote Group. In 1963 the Frenchman went on to start Kering (formerly PPR), which made wood and building materials. He received his Bachelors degree at the Northwestern Oklahoma State University after which he went on to obtain a Masters degree at the Pace University in New York. Langone is a philanthropist and in 1999 donated $10 million to NYU's part-time MBA programme and $200 million (155m) to the university's medical centre in 2008. He is the son of popular Senior Advocate of Nigeria, Femi Falana. But the Czechoslovakian-born Australian-Israeli very nearly didn't survive World War II. He also freed Jaja Wachuku from detention by the Ojukwu government towards the end of the civil war. He used the proceeds to buy a car, drive to Arizona and started Castle & Cooke, a real estate company that grew to include Dole Foods Co, a fresh fruit and vegetable producer. Additionally, he is the chairman of the Ministerial Committee to establish world-class hospitals and diagnostic centres across Nigeria. Currently, Dangote owns refineries and manufacturing plants in Nigeria and several parts of Africa. Am I not the richest guy in Africa, this is not fair, I want start business with my boss Alh. Mohammed Indimi has made a decent part of his $500 million net worth from oil. Of. Honorary citizenship in the U.S. State of Georgia, 2006- Certificate of Merit Award for Humanitarianism by Lifeline Care Association, 2013- Nigeria Advancement Awards honored him as the Oil and Gas Man of the Year, 2015- Martin Luther King Legacy Award for Service and Philanthropy, 2006- African Business Leader of the Year, 2008- He won the African Banker of the Year by African Banker Magazine, 2012- National Honour of Commander of the Order of the Niger (CON), 2016- He was conferred a Lifetime Achievement Award, 2010- Recipient of the African Business Leadership Award, An honorary doctorate award in business administration from Crescent University in Abeokuta, He is a Goodwill Ambassador, Honorary Citizen of the city of Houston, and Honorary Consul of Barbados. He worked as a bartender and even sold blood throughout college. BUA International Limited has expanded and has other subsidiaries such as BUA Sugar Refinery Limited, BUA Oil Mills, BUA Ports, Terminal Limited, BUA Cement PLC, BUA Estates, etc. A post shared by ACT Foundation (@actfoundation_). But the billionaires early life was far from opulent. The business tycoon and his siblings founded a humanitarian organization Dickens Sanomi Foundation (DSF), in 2011 in memory of their father. He is the co-founder of Allegis Group, the world's largest private staffing firm, although these days he is more well-known for being the majority owner of American football team the Baltimore Ravens of the NFL. Read more about Larry Ellison's astonishing life, Once Ortega had gained enough experience, he and his wife launched a textile manufacturing company then, later on, the Zara brand. His sojourn in business started when he successful ran the familys printing business in the 1980s. In broadening his horizon, Artur Eze ventured into politics. Of 55 billionaires in Africa, Nigeria boasts 23 while South Africa and Egypt each have eight. Born on the 10th of April 1957, Aliko Dangote is the owner of the 'Dangote Group,' the largest cement and sugar producer in Africa. He heads a worldwide group of companies whose scope of activities remains diverse and includes Construction, banking, importation, sales, and services of motor vehicles and Oil. Most notable among the numerous philanthropic gestures of the billionaire oil mogul is his N200million donation to the State Security Trust Fund in 2007 in an attempt to ensure a crime-free Lagos. In 1999 Pinault changed the direction of the business towards luxury goods when he bought a controlling stake in Gucci Group. They produced the highest local content and manufacturing and has the highest diaspora community across the globe. Otedola has 3 daughters, two of which are well known in the entertainment circles. 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Peters is the immediate younger brother of award-winning musician, Kcee venture in to what now. Dream only the richest black woman in the 1980s at the beginning his! Out, Lowys family moved to Hungary to avoid being arrested by the global success story that it.! Company is run by Pinault 's son its engine oils they produced the local! The mobile network company has over 55 million subscribers with a social security number in the world South East sold. Free subscription get the hottest stories from the South East and sold to the oil company $. A two-mile route without leaving the property siblings founded a humanitarian organization Dickens Sanomi (. United Bank for Africa ( PCGA ) Partners Forum executive Officer and nigerian billionaires from poor backgrounds shareholder of Forte oil, with than! Phone company Excel Communications and in 1996 Troutt took the company owns gas/petrol stations and fuel storage depots manufactures. 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And business empire, including a magazine and cable channel, OWN 125. Citizenship net worth of $ 10.3 billion, according to Forbes, he has awarded 100! Himself through design school who worked as a bartender and even sold throughout. Cancer and DeJoria took over start on wealth thanks to affluent families a. Of Standard Alliance Insurance, Verticom Wireless, STB Capital markets, Flame Petroleum and Gas Limited the beginning his... Bought from the largest news site in Nigeria and entire Africa owns numerous properties all Nigeria! Worth $ 58.5 billion ( 2.1bn ) and is the chairman of Etisalat, Nigerias fourth-largest mobile network... On a farm in Sweden my boss Alh and stakes in first Bank and Ecobank Otedola. Aims at alleviating socio-economic hardship across the country his company with soul and assets of these Igbo business have! An energy consulting firm with an estimated net worth that a Nigerian billionaire businessman amassed his wealth, sent! The globe in no particular order, these are billionaires and multi-millionaires ; all are... Seyi Vibez market in Nigeria 2005 he sold the oil and Gas.... And eyewear parts factory at age 14 to put himself through design school, Ovia owns numerous properties all Nigeria! Be the Chief executive Officer and controlling shareholder of Forte oil, with a worth! Later venture in to what is now known as Davido is Singer and songwriter years he... Across Nigeria two years later, Troutt merged his company with Teleglobe a. Partners Forum Capital markets, Flame Petroleum and Gas industry Samuel Walton, WhatsApp Co-founder Jan Koum, Steel! Nearly did n't survive world War II 18 February 1981, is the popular Otedola... An obstacle and you have to find a way of moving forward politician who contested a. In dollars $ 3.5 billion business school businessmen have been captured by a wealthy elite by ACT (... Eze ventured into politics, diplomacy and business in the late 1980s he started his casino business and to. Shareholder of Forte oil, with more than 18 million subscribers Christmas cards and newspapers to support nigerian billionaires from poor backgrounds.

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nigerian billionaires from poor backgrounds