List of Nigerian billionaires by net worth 22. Maduka is also a philanthropist, and it is people like him that have made Igbo one of the richest tribes in Nigeria. Rich, noticeable, and influential Fulanis are spread across Nigeria, Guinea, Senegal, Mauritania, Mali, etc. Yoruba Tribe. 4. All rights reserved. Rich, noticeable, and influential Fulanis are spread across Nigeria, Guinea, Senegal, Mauritania, Mali, etc. Tunde Folawiyo Forbes magazine has estimated Tunde Folawiyos net worth at $650 million, making him one of the richest people in the Yoruba tribe. In July 2012, he was cited by Forbes Africa as one of the Ten Young African Millionaires to Watch.On 29 August 2013, Njoku was named the CNBC All Africa Business Awards Young Leader of the Year for West Africa. He has also been named as one of Fast Companys Top 1000 Most Creative People in Business. His stake in the company is now valued at $ 3.008 billion. Those shares are worth $16.4 million. Yoruba Tribe. Some of them are the most popular people in Nigeria. Holdings: Wema Bank His stake is worth $115.8 million. Therefore, almost no astuteness will in general stream down to the more youthful ages. In fact, the current president of Nigeria, Muhammadu Buhari, is of Nigerian descent. Historically, they made a living by engaging in farming, fishing in the Chad Basin, and processing and trading salt. It is considered as one of the richest tribes in Nigeria. Hausa Tribe. Emeka Okonkwo popularly known as E-Money is a billionaire, entrepreneur, and philanthropist who hails from Ajegunle, Lagos, Nigeria, on February 18, 1981. Gabonese oil billionaire Samuel Dossou-Aworet wholly owns Petrolin Group. Businessmen like him make Yoruba one of the richest tribes in Nigeria. WebThe 10 Richest Tribes in Nigeria. Linda Ifeoma Ikeji was born on September 19th, 1980 in Nkwerre in Imo State. Holdings: Access Holdings PLC Not at all like different tribes recorded here, the Isoko is definitely not an extremely affectionate network, and it is maybe the motivation behind why they don't highlight as the richest tribe in Nigeria. Gbenga Oyebode He was able to achieve these figures as a result of his successful career as an entrepreneur and show promoting also bagging some notable endorsement with brands like bullet drink. Nedcomoaks has quickly become a top player in Nigerias residential real estate sector which employs thousands of people and annual revenues of over 15 billion in just under a decade. Actually, these are two of the richest tribes in Nigeria, and that structure huge ethnic gatherings dissipated over the landmass. Nevertheless, they prefer to work their way out using a career path instead of going on ventures by themselves. While Tengen Holdings is ultimately owned by Wigwe and former CEO of Access Bank, Aigboje Aig-Imoukhuede, due to a lack of clarity on the shareholding structure of Tengen, Billionaires.Africa attributes ownership to Wigwe. 2. WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles. The Isoko people are located in southern Nigeria. WebThe 10 Richest Tribes in Nigeria. He is the founder and chairman of BUA Group, a conglomerate with interests in manufacturing, infrastructure, and agriculture. making it one of the most culturally diverse and Net worth on the NGX: $13.2 million Apart from being a prominent businessman and the former chairman of Forte Oil PLC, Femi Otedola is also a philanthropist with a focus in the education sector. They predominantly reside in states like Ogun, Lagos, Osun, Oyo, Kwara, Ondo, and Ekiti. Ned Nwoko is a politician, businessman, and lawyer with strings of businesses across the world. Aminu Alhassan Dantata Nevertheless, at the same time, this political power destroys them within and do not facilitate their growth. They have a reputation for being very successful businessmen and this can be traced back to the times after the Nigerian Civil war when the community-run apprentice scheme commonly referred to as Igba-Boi or Imu-Oru emerged. The total share market capitalization on the Nigerian Exchange has experienced a remarkable 17.28 percent surge since the beginning of the year, reaching a historic N32.7 trillion ($43.1 billion) at the time of this report. Naturally, almost 70% of the personal luxury planes in Nigeria are claimed by the individuals of Igbo drop. They produced a lot of merchants but also had a few scholars who embraced western education and were able to rise to the top in various professions like politics. Cubana Chief Priest lavishing money at his friend and business partner, Obi Cubana: The nightlife boss officially bagged a Doctor of Science in Event and Luxury Hospitality Management from European American university. 1. 3 Nicky Oppenheimer $8.7 B 76 diamonds. Africas rich culture and diversity have made it one of the unique continents of our world. His other holdings on the NGX include a 72.7-percent stake in Dangote Sugar, 66.5 percent in NASCON Allied PLC, and 7.23-percent in Jaiz Bank. The data utilized for this analysis has been sourced from reliable providers such as S&P Global Market Intelligence, alongside publicly available documents and disclosures. First, I am going to assume Nigeria is made up of just 5 tribes for clarity of answer, and my chosen tribes will be - The Hausa-Fulani, The Igbos, The Yorubas, The Binis, and The Ijaws-Urhobos. Net worth on the NGX: $10.5 million Nigeria A lawyer by profession, Folawiyo is the Chairman of the Yinka Folawiyo group which has interests in agriculture, shipping, energy, and real estate. richest people Individual pride holds a significant spot in Isoko society. Net worth on the NGX: $21.2 million He has always dreamt of having a successful music career but he couldnt achieve that. Obi Cubanas net worth is estimated at $500 Million. As a result, they produced art pieces widely known as Benin Bronzes that were traded and can now be found not only in various parts of Nigeria but in other countries around the world. Net worth on the NGX: $15.4 million Linda also opened a music platform known as LindaIkeji Music which was launched on 21 November 2016, but it became dormant three months after the Launch. Holdings: BUA Sugar, BUA Cement Therefore, they prefer to keep out from power, but it can be their greatest mistake. Save my name, email, and website in this browser for the next time I comment. Who has the highest JAMB score in history? Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Their aristocratic heritage and long lineage have transformed the Hausa into one of the richest tribes in Nigeria. In 2018, Linda Ikeji was among the prominent personalities drawn from different parts of the world to be conferred with Honorary Doctorate Degree from Trinity International University in Georgia for her outstanding contributions to Business and Media in Africa. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform Umaru Abdul Mutallab the 80-year-old Nigerian businessman and banker, are accredited with introducing Islamic banking in Nigeria. Benson Abounu is an engineer, management consultant, and politician. They transcendently live in states like Ogun, Lagos, Osun, Oyo, Kwara, Ondo, and Ekiti. In response, Billionaires.Africa has compiled a comprehensive ranking of the wealthiest investors on the Nigerian Stock Exchange (NGX). 11. Things were so hard to the extent that he had to borrow transport fare from his brother to bring his wife back to Lagos, after their traditional wedding in the East. Seen generally as cultivating networks, individuals having a place with the Hausa tribe live in towns, towns, and urban areas. Therefore, most of the political leaders come from Hausa, while most of Igbo people prefer to get into business and fame. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. This surge has resulted in several Nigerian billionaires and businessmen, including renowned figures such as Aliko Dangote, Femi Otedola, Abdul Samad Rabiu, and Mike Adenuga, witnessing an impressive increase in their fortunes during the same period. 24. They predominantly reside in states like Delta and Bayelsa. Net worth on the NGX: $23 million It is no news that the Igbos are one of the most hardworking tribes in Nigeria, if not the most regarding entrepreneurship and making ego (money). These people are located in Delta State. Over time, many Tiv people embraced education and were able to attain prosperity through the high positions they got in the military and other professions. President of Dangote Group, Aliko Dangote, has maintained his position as Africas richest man, despite a fluctuating Nigerian currency against the dollar, according to the Bloomberg Billionaires Index. But while a look back at the history of the Fulanis will reveal that they are wealthy people, a majority of their kin, and the cities that are primarily their home, much like that of the Hausas, can be categorized as impoverished. Richest Tribes in Nigeria In 2000, Nigeria had 279 microregions, representing 47 million people (roughly 40 percent of its population), classified as in the orange zonemeaning areas where GDP per capita and life expectancy were among the bottom 30 percent globally with income per person below $2,400 and a life expectancy of fewer than 65.6 years. Have you ever wondered what the richest tribe in Nigeria is? 15. She is well known for her blog posts and online publications. 1. He owns a 24.06-percent stake worth $18.1 million. Richest Tribes in Nigeria This has allowed them to prosper in various professions. Goodluck Jonathan is a politician who has held various positions in government. Given the staggering surge in the shares of various companies on the Nigerian Exchange, there is a growing interest in assessing the ranking of Nigerian billionaires and businessmen based on the valuation of their stakes in the locally listed firms. 1 Aliko Dangote $13.9 B 64 cement, sugar. Like other tribes around them, the Ibibios embraced western education and have since produced a few notable people to be considered among the richest tribes in Nigeria. WebNigeria: 9.5 Billion: oil, sugar & cement 103: Mike Adenuga Nigeria: 5.2 Billion: Telecommunication, petroleum: 1011: Femi Otedola Nigeria: 1.85 Billion: Petroleum 1121: Folorunsho Alakija Nigeria: 1.55 Billion: Fashion industry, oil 1577: Abdul Samad Rabiu Nigeria: 1.1 Billion: Foods The stake is worth $100,843,631. Samuel Dossou-Aworet The most prominent Igbo people group individuals: The Isoko is a tribe that contains southern Nigerian areas. Igbo people really like their business, and they also love producing things. Cosmos Maduka Cosmos Maduka is the Founder, Chairman, and the President of the Cocharis Group of industries.

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