TOP 10
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| Faces of Nigeria's richest |
Today, we compile for you a list of Nigerian billionaires and top richest people in Nigeria but note that this list will be restricted to entrepreneurs only. Politicians and individuals whose source of wealth cannot be traced are excluded from this list.
Most people have asked why so few Nigerians made the Forbes list of richest people in the world. So far, only Aliko Dangote, Mike Adenuga and Femi Otedola have made the Forbes list of world billionaires. Well the answer to that question is this: Forbes estimates the wealth of individuals and rank them based on the value of shares they have in quoted companies (companies listed on the stock exchange) and most of the richest people in Nigeria prefer to run their businesses privately. That’s why they don’t make the Forbes list of richest people in the world.
The criteria for coming up with this list
- Value of shares held in quoted companies.
- Size and market share of their companies
- Number of companies owned and their assumed value
- Market value of company’s brand
- Impact of their companies on the Nigerian economy
1. Alhaji Aliko Dangote – founder of Dangote Group and Richest black man in the world
2. Mike Adenuga – Conoil, Equatorial Trust Bank, Globacom
3. Femi Otedola – ZENON Oil and Gas
4. Orji Uzor Kalu – Slok Group
5. Cosmos Maduka – Coscharis Group
6. Jimoh Ibrahim – Nicon Insurance, Global Fleet
7. Jim Ovia – Zenith Bank, Visafone
8. Pascal Dozie – MTN Nigeria, Diamond Bank
9. Oba Otudeko – Honeywell Group Nigeria
10. Alhaji Sayyu Dantata – MRS Group
If you are given the opportunity, which of these personality brands would you love to meet and why?