Meet top 10 richest men in Nigeria and their net worth in 2023. These are big capitalists who control the country’s economy. They are men of timber calibers who own multi-million dollar conglomerates and sit on the board of directors of various high profile multinational companies, both in Nigeria and abroad.
Their huge investments are strong economic drive for the country in terms of employment and general contributions to the Nigerian economy at large.
In this post, we shall bring you the top 10 richest men in Nigeria and their net worth in 2023.
The top 10 richest men and their net worth 2023 are:
- Aliko Dangote is the richest man in Nigeria in 2022 with an estimated net worth of about $14.1 billion dollars according to Forbes.
He was born on 10th April 1957 in Kano. He attended Al-Azhar University in Egypt where he graduated with a Bachelor’s degree in Business Administration.
Dangote is a dealer in cement, sugar, flour, oil and many others with thousands of workers across the country.
Aliko is the Chairman and CEO of Dangote Group, an industrial conglomerate and currently building an Oil Refinery, which if commissioned, will be the largest in Africa.
Dangote is the richest man not only in Nigeria but in Africa as whole with an estimated net worth of about $14.1 billion dollars.
- Mike Adenuga is another top 10 richest Nigerian with an estimated net of $7.2 according to Forbes.
He was born on 29th April, 1953 in Ibadan, Oyo State, Nigeria.
Adenuga is a billionaire and Chairman and CEO of GLO Nigeria, a telecommunication giant that spreads across African countries including Ghana, Benin Republic and many others.
The Yoruba born capitalist also owns stakes in Equitorial Trust Bank, Conoil and many others. His net worth is placed at $7.2 billion dollars according to Forbes rating.
- Femi Otedola is another big investor that made the list of top 10 richest Nigerian in 2023.
Otedola is a Yoruba born entrepreneur and investor business magnate and CEO of Forte Oil Plc.
He is also the Zenon Petroleum and Gas Ltd and other businesses including power generation.
He was born 4th Nov 1962 in Ibadan, Oyo State in south Western Nigeria. He was former Governor of Lagos State between 1992 to 1993 under the military junta.
He has a net worth of about $5.9 billion dollars according to Forbes.
- Arthur Eze is another Nigerian business man that made the top 10 richest in 2023.
He is the Chairman and owner of Atlas Oranto Petroleum. He is from a royal family of Anambra State Nigeria.
Eze was born into a royal family on 27th November 1948 in Ukpo, Dunukofia Local Government Area of Anambra State. He is an entrepreneur, investor business magnate and a philanthropist and owner of one of the largest privately held oil exploration and production companies in Nigeria.
He is the Ozoigbondu 1 of Ndi Igbo and one of the top 10 richest men in Nigeria 2023 with an estimated net worth of about $5 billion dollars.
- Theophilus Danjuma is another Nigerian entrepreneur, politician, retired general and a business magnate.
Danjuma is the CEO of Atlantic Petroleum. Born on 9th December, 1938 in Takum Taraba State, Nigeria. He has held various positions in Nigeria as Nigerian Chief of Army Staff between 1975 to 1979, Minister of Defence and now Chairman of South Atlantic Petroleum, a leading oil and gas conglomerate.
Danjuma is a graduate of History from ABU, Zaria. He has an estimated net worth of about $3.7 billion dollars according to Forbes.
- Ahmed Tinubu is another Nigerian man that made the list of top 10 richest in 2023 with about $3.6 billion dollars.
Tinubu is a trained Accountant, entrepreneur, investor, business magnate and a politician and a national leader of All Progressives Congress since 2013.
He was the former Governor of Lagos State from 1999 to 2007 and Senator for Lagos West in the third republic.
Tinubu was born on 29th March 1952 in Lagos Nigeria. He has various business spread across the country including Oriental Hotel, TVC, Oil and Gas, real estate and many others.
Tinubu was former governor of Lagos State and current Nigerian Present. He has a net worth of over $5.6 billion dollars according to Forbes.
- Cletus Ibeto is another Nigerian man that made the top 10 richest with $3.5 billion dollars.
Ibeto hails from Nnewi, Anambra state. He is the head of the Ibeto Group, one of the largest business enterprises in the country.
A man with rich entrepreneurial spirit, Cletus has planted his name in gold as one of the leading figure who owns multi-million dollars business across the country.
Cletus is the Chairman and founder of Ibeto Group, a leading company in real estate, banking and finance, cement production, automotive coupling, petrochemical among numerous others.
Cletus Ibeto has an estimated net worth of about $3.5 billion dollars according to Forbes.
- Orji Kalu is another with an estimated net of $3.2 billion dollars. Orji is CEO of Slok Group. He was born on 21st April, 1960 in Umuahia, Abia State.
He has several businesses including Slok Holding, The Sun Newspaper and New Telegraphs.
Orji was former governor of Abia state from 1999 to 2007, Chairman of the Borno Water Board and Chairman of Cooperative and Commerce bank limited.
He was also a presidential aspirant in 2007 with a net worth of about $3.2 billion dollars.
- Tony Elumelu is another wealthy Nigerian who made the list of top 10 richest in 2023.
Tony hails from Delta State in south southern Nigeria. He is a graduate of economics, a philanthropist and entrepreneur.
Elumelu has large investments like Heirs Holdings and Transcorp, Tony Elumelu Foundation and many others. He has empowered thousands of entrepreneurs across African continent.
In 2005, he was involved in the acquisition of UBA and transformed the bank from a Nigerian bank to a Pan African institution with branches in over 19 African countries.
Through his Heir Holdings, Tony Elumelu has successfully built on his investments in the areas of financial services, energy, real estate, hospitality, agric business and health care sector in most African countries.
He has served as an Adviser to USAID’S Private Capital Group for Africa, Co-Chairman of the Aspen Institute Dialogue Series on Global Food Security, Chairman, Ministerial Committee for the establishment of World –Class hospitals and diagnostic Centres across Nigeria and member of the Global Advisory Board of the United Nations Sustainable Energy for all initiative.
Tony Elumelu is one of the top 10 richest men in Nigeria 2023 with a net worth of over $3 billion dollars.
- Abdulsalam Rabiu is another. A great entrepreneur, investor and a business magnate. He is the Chairman and CEO of BUA Group.
Rabiu was born 4th August 1960 in Kano State. He had his secondary education and Capital University in Columbus.
Rabiu is into sugar, cement, and agriculture. He is also the Chairman of Nigerian bank of industry with a net worth of about $3 billion dollars.
In summary, the top 10 richest Nigerians in 2023 are business giants, who no doubt have contributed largely to the growth and development of the Nigerian economy through their huge investments over a long period of time.
They stand out as the strong pillars to the country’s growing economy. We wish them more successful business years ahead.
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