Abdusalam through the BUA foundation was also involved in the construction of the Centre for Islamic Studies at the Bayero University, Kano. One of them, Florence Otedola popularly called DJ Cuppy is a DJ and music producer. Also, he has awarded over 100 scholarships to Ondo State indigenes. Aiteo Groups main business target is exploration and production, refining petroleum products, bulk petroleum storage, trading, power generation, marketing, and distribution. Thank you! He has a nonprofit organization, Jim Ovia Foundation, that invests in the Nigerian youth, providing them with university scholarships and ICT empowerment skills. Some of his other companies are CentreForce Limited, Forte Oil, Zenon Petroleum and Gas Limited, Swift Insurance, Gegeru Power Plc, and others. 1. In 2008, he established TY Danjuma Foundation, which focuses on providing medical care, education, and basic amenities for children and young adults. Cletus is the head of the Ibeto Group. The chairman of pan-African. He is the founder and CEO of Nigerian Finder.com. Who Was Julius Agwus Wife and What Happened to His Marriage? Koum relied on food stamps and swept floors to make ends meet. C ompany: Founder of IKEA. Ibeto has portrayed his humanitarian gestures by lifting many individuals to become top businessmen in the country, such as Innocent Chukwuma, the founder of Innoson Group. In this post, well take a look at the 20 richest individuals in the country. He is the younger brother to Shina Peller, an entrepreneur, industrialist and politician. The 95-year-old has also donated heavily to longevity research and vows to live until he is 125. He subsequently ventured into politics, serving as a Minister of Defense under President Olusegun Obasanjo. His net worth is estimated at $550 million, according to Forbes. He only discovered he was adopted when he was 12 and did not see his biological mother again until he was 48. He is the only son of Chief John D. Edozie, a former deputy governor of defunct Bendel State. He is the co-founder of hair-care company John Paul Mitchell Systems, which generates $1 billion (770m) in annual revenue, as well as high-end tequila company Patrn Spirits, which sells more than two million cases each year. Dr. Emmanuel I. U. Ojei is a highly successful industrialist and investor who serves as the Chairman and managing director of Nuel Ojei Holding Limited. This Nigerian billionaire was so poor at some point his in-law shot him for asking to marry their daughter Emmanuel Abara Benson December 19, 2021 10:32 AM How Cosmos Maduka overcame poverty. Benedict Peters is the founder of Aiteo Group, a conglomerate with primary interest in energy. Danjuma studied at the Ahmadu Bello University in Zaria which was then known as the Nigerian College of Art, Science and Technology. Abdusalam Rabiu is also the chairman of the Nigerian Bank of Industry. Peterffy was born in Budapest, Hungary in 1944 in a hospital basement during a Russian air raid. Oba Otudeko has an estimated worth of $650 million. He is the founder of the Honeywell Group. He dropped out of two colleges, yet his entrepreneurial spirit has seen him making money selling stolen gasoline, rubber ducks, perfumes and automotive parts, and from businesses ventures such as pig farming and bodyguard recruitment. His journey into becoming a billionaire began when he established a small trading firm in 1977. Six of his children serve on the companys board, where he is currently the Chairman. Ellison moved to Chicago with his adoptive parents where he attended school. His fortune grew from $670 million in 2012 to $7.6 billion this year 2023, and he has remained a force to reckon with in the world of business across the globe. 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In the banking industry, he was known for his role in the acquisition of Standard Trust Bank and catapulting them to become one of the top banks in the country. Sadly, because his family was so poor, Del Vecchio, along with his siblings, was sent to an orphanage. Olamide Vs Dagrin Who Is The Best Yoruba Rapper Of All Time? Cletus Ibeto has become a household name not just in Eastern Nigeria but the entire country. He retired from the army in 1979 after which he focused on his business interests. 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. Dangote has investments in Nigeria as well as countries like Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania and Zambia. In broadening his horizon, Artur Eze ventured into politics. 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. But the billionaires early life was far from opulent. He is among the top richest men in Nigeria, thanks to various investments, including a controlling interest in Transcorp, Nigerias largest publicly traded conglomerate, a significant stake in the United Bank for Africa, and an extensive portfolio of real estate across Nigeria, among other assets. Bill gates and Zucker In 2019 they plan to open a museum in France. Like many business moguls, he has his fingers in lots of pies. He also freed Jaja Wachuku from detention by the Ojukwu government towards the end of the civil war. In 1993, he started Interactive Brokers and the company was so successful Peterffy became known as the father of digital trading. The Governor of Ebonyi State, Dr. Umahi, named a major road after Arthur Eze. Otedola has 3 daughters, two of which are well known in the entertainment circles. With an impressive net worth pegged around $650 million, Tunde is one of the richest men in Nigeria. also against the background of poor economic data. The grandson of Italian immigrants, Langone's father was a plumber, and his mother ran an elementary school cafeteria. 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. He is not only the richest man in Nigeria but Forbes #1 African Billionaire 2023 and The Richest Black Billionaire in the world. His Li Ka Shing Foundation has donated more than $2.6 billion (2bn), with over 80% going to the Greater China region. Sheldon Adelson is at number 21 on the Forbes Billionaires List 2018 with a fortune of $38.5 billion (30.2bn). Aged 19, Xin flew to England to learn English at a language school in Oxford. In 2017, he appeared on BusinessDay Newspapers list of 50 Most Influential Nigerians. On "second base," households wealthy enough to run a business big enough to generate inheritances over $1 million, the new UFE study found another 11.5 percent. Danjuma rose through the ranks from his rookie position as a second lieutenant to become a General. Jim Ovia is the man behind the success story of one of Nigerias top banks, Zenith Bank. With an estimated worth of over $400 million according to Forbes, Tunde Folawiyo is one of the richest men in the country. He struggled with. DJ Caises mum, Chief Fernandez daughter, Chief (Mrs.) Teju Philips is a former commissioner of Lagos State. Having amassed a net worth of $3.7 billion, Cletus M. Ibeto holds his own as one of the richest men in Nigeria. Of. as an infrastructure engineer where he worked for nearly nine years before leaving aged 30 with enough cash to launch his own business. Roman Abramovich is known across the globe as a multi-billionaire with stakes in Evraz, Norilsk Nickel, and the UK's Chelsea soccer team. Of 55 billionaires in Africa, Nigeria boasts 23 while South Africa and Egypt each have eight. 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. In 1998, Troutt sold Excel Communications to Teleglobe in a $3.5 billion (2.7bn) deal and reinvested the profits in stocks, bonds and horses. He started with only $35 which he had received as a loan from his mother. (2131 Views) 9 Silent Nigerian Billionaires Who Keep Their Wealth On A Low Key (photos) / 3 Youngest Nigerian Billionaires Today.No.1 Is Lagos Island Biggest Boy (pics) / Nigeria's Top 50 Richest Billionaires (1) ( Reply) (Go Down) 15 Billionaires Who Were Born Poor by zeekz ( m ): 8:43am On Jan 05, 2014 Wealth tends to create more wealth, Xin was determined to learn however and would attend evening school after work. As we shall see, most of the winners of the BBNaija show came from humble backgrounds (as their fellow housemates) and this is not a coincidence since 40% of Nigerians (83 million people) are below the poverty level as at 2019/2020 (Nigeria Bureau of . Tunde is also the director of MTN Nigeria Ltd. Rotimi Alakija is a Nigerian Disc Jockey with the stage name DJ Xclusive. In the late 1980s he started his casino business and began to make serious money. Most Nigerian artists introduce themselves to the scene about their backgrounds. Be the first to get hottest news from our Editor-in-Chief . Aliko Dangote. Oba Otudeko worked as banker for over 2 decades rising to the position of Chief Executive Officer of the Cooperative Bank in Ibadan. Orjiakor also operates other ventures in construction, real estate, pharmaceuticals, and shipping and holds several positions and stakes in various companies. By 2008, her yearly income had increased to $275 million. Diego Armando Maradona Maradona was among the rags to riches football stars . Her 25.5% of the network is worth about $75 million (58m) and Winfrey also owns an 8% stake in Weight Watchers, acting as their brand ambassador. 1. The reason she did so well? 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. 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. Born in Kafanchan Kaduna State, Emeka Offor hails from Irefi Oraifite in Ekwusigo local government area of Anambra State and is arguably considered the richest Igbo man in Nigeria. The companys subsidiaries include Maritime Associates International, United Property Developers, Yinka Folawiyo Petroleum, Folawiyo Energy Limited, Enyo Retail and Supply, and Enyo Retail and Supply. Jim Ovia is also the chairman of the Nigerian Software Development Initiative (NSDI), Cyberspace Network Limited and the National Information Technology Advisory Council (NITAC). SEOF has made a significant impact in the lives of numerous Nigerians through its projects and programs such as Youth Empowerment Programme, Health Service Programme, Infrastructure Development Programme, Widows Cooperative Programme, and Education Programme. The mobile network company has over 55 million subscribers with a presence in Nigeria, Ghana, Benin, ad Cote dIvoire. By 1982 he became director of marketing for Starbucks and was then CEO from 1986-2000. Slok is a $2.5 billion (annual revenues) West African conglomerate with interests in shipping, banking, oil trading, manufacturing, and the media. While retaining their spot as the most industrious tribes in the country. He trained as a surgeon but after a while, he left the healthcare sector to pursue his business interests. 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. Using the Forbes Billionaires List 2018 as a guide, and starting from the least rich to the richest, here are some of the wealthiest people on the plant who survived a challenging upbringing and went on to build huge billion-dollar empires. This book is intended for everyone with a social security number in the United States of America. 12. Raised by his grandmother, Altrad was banned from going to school, but an innate drive to learn saw him attending school anyway. Ralph Laurens surname was actually Lifshitz but he changed it to Lauren when he was 16 to avoid mispronunciations. Here are some of the unbelievable revelations in the book: 3. Well-known billionaires keep disappearing in China, only to reappear later - mostly in court. With its activities only limited to Nigeria, DSF empowers and provides access to education to children and youth who came from humble backgrounds. Image credit Sunday Alamba via The Commonwealth Flickr CC. Bola Tinubu Biography: Life Story and Age Accomplishments of Asiwaju of Lagos State, How To Use GTBank Whatsapp Number, Live Chat and Customer Care Email Address, A Look At Arthur Ezes Net Worth, Mansion and Private Jet, Who Is the Richest Man In Anambra State? Born in Philadelphia in 1960, Bisciotti was the youngest of three children to parents Bernard and Patricia. Orjiako is also a Harvard trained businessman. Its a true revelation. Veteran director Bharathiraja meets Kamal Haasan; Varalaxmi Sarathkumar's 'Kondraal Paavam' trailer; Golden Truth: Eight Things to Know Before Buying Gold He is an economist, entrepreneur and philanthropist. He is the chairman of Prince luxury group and founder of Prince omoha foundation. Nigerians' anger and frustration are deservedly directed to their government. He is the founder and vice chairman of Aiteo Group, one of the biggest petroleum industries in the country. He is said to have an estimated net worth of $1.5 billion according to Forbes. 15. Your email address will not be published. Their Ivy-league educated daughters, Linda and Esther, work alongside their mother in merchandising. Thomas Peterffy has a net worth of $20.3 billion (15.9bn) and is the richest person in the state of Florida. The billionaire businessman, who was born on 18 February 1981, is the immediate younger brother of award-winning musician, Kcee. The company has about 2000 Nigerians (or 95% of its staff strength) as its employees working in various capacities. Arthur Eze. The billionaire started as a soldier, having served in the Nigerian Army. His wealth comes from investments and entrepreneurship. People shall go to Space (the Moon and other Planets) from their houses in Africa. Russian business tycoon Roman Abramovich is worth $11.3 billion (8.81bn). A post shared by ManLikeLynxxx (OnlyPage)???? Anchorage Leisures, a subsidiary of the Honeywell Group, owns Radisson Blu, which is a prominent waterfront hotel in Victoria Island, Lagos. The family moved to Baltimore when he was one. 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. Another one, Elizabeth Temi is a style blogger and an aspiring designer. 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. To date, the company has developed over 60 million square feet of land. The riches of Dangote is not so important now as the riches of all Africans. In 1988, he purchased about 51% of the United Bank of Africa from the Nigerian government but eventually sold it in 2004 after he resigned from the bank for roughly $120 million. Meet the Top 10, Baba Suwe Net Worth, House, and the Cars He Left Behind, Destiny Etikos Net Worth, House and Cars, Forbes listed him as the Most Powerful Man in Africa for consecutive years (2014, 2015, 2016, 2017), 2014- Top 25 Businessmen in the World who changed and shaped the century, 2015- 50 Most Influential Individuals in the World by Bloomberg Markets, 2015- Top 100 most influential Africans by New African magazine, 2016-African Business Leader Award by the Africa-America Institute, 2019- Man of the Year by Silverbird Group, 2019- African Philanthropist of the Year Award by African Leadership Magazine, 2020- Award of Honour by the Sun Newspaper. Read the Complete Part 1 in His Site:www.josephintro.com. 2012- Officer of the Federal Republic of Nigeria. Through his fathers university, Michael Otedola University, he set up a scholarship scheme which has helped over 1000 students since its inception. He has a net worth of $2.7 billion (2.1bn) and is the 887th richest person in the world. 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. All three are now billionaires. He began apprenticing at a car and eyewear parts factory at age 14 to put himself through design school. Kalu is also the chairman of First International Bank Limited, which operates branches throughout Gambia. He is the founder of the 2nd largest cellular phone company in Nigeria, Globacom. The Nigerian international, who came on in the 74th minute for Guessand, had a decent performance. He may have worked with world leaders, but now Nigerian billionaire investor Tony Elumelu is focusing on those yet to turn their business dream into reality. He also serves a Co-Chair of the Aspen Institute Dialogue Series on Global Food Security. Theophilus Danjuma amassed his mouth-watering fortune from shipping and petroleum. This group is one of the largest conglomerates in Nigeria with interests in Agriculture, Food processing, Maritime, Real Estate and the Transport industry. He was born in England to Nigerian parents. The business tycoon and his siblings founded a humanitarian organization Dickens Sanomi Foundation (DSF), in 2011 in memory of their father. Her brainchild in philanthropy is the Rose of Sharon foundation which is a non governmental organization that helps widows and orphans by empowering them through scholarship and business grants. Frank Lowy has a net worth of $5.8 billion (4.6bn) and is the 296th richest person in the world. Aliko Dangote is currently worth over $12.5 billion. He owns a holding company, Premium Telecommunications Holdings, which has a significant stake in Mubadala Development Company and the Etisalat Group. Igho has been involved in telecommunications, shipping, aviation, engineering, construction and real estate investments. He eventually won a scholarship to study in France despite speaking no French and having very little money. By 2000, she had a net worth of $800 million, making Winfrey the richest African American of the 20th century. He worked as a bartender and even sold blood throughout college. Winfreys hit talk show has transitioned into a media and business empire, including a magazine and cable channel, OWN. He is the nephew to Nigerias richest woman, Folorunsho Alakija, who is among the owners of top oil blocs in Nigeria. His maternal grandfather is the late Chief Antonio Deinde Fernandez, a Nigerian business magnate, diplomat and Permanent Representative of Central African Republic to the United Nations. 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