Nigeria’s Wealthiest Families: Top 11
Here’s a concise summary of the top 11 richest families in Nigeria:
1. Dangote Family
- Net Worth: Over $13 billion
- Industry: Cement, sugar, salt, flour
- Key Figure: Aliko Dangote, Africa’s richest man and founder of Dangote Group.
- Highlights: Dangote Cement is Africa’s largest cement producer. The family recently commissioned the Dangote Refinery in Lekki, Lagos.
2. Tinubu Family
- Net Worth: $8.4 billion
- Industry: Politics, media, hospitality
- Key Figure: Bola Ahmed Tinubu, President of Nigeria and former Governor of Lagos State.
- Highlights: Ownership of Oriental Hotel, The Nation Newspaper, and Television Continental (TVC).
3. Adenuga Family
- Net Worth: $6.7 billion
- Industry: Telecommunications, oil, banking
- Key Figure: Mike Adenuga, founder of Globacom and Conoil.
- Highlights: Globacom is Nigeria’s second-largest telecom company.
4. Orjiako Family
- Net Worth: $5.7 billion
- Industry: Oil exploration
- Key Figure: Arthur Eze, owner of Atlas Oranto Petroleum.
- Highlights: The company operates in 22 African countries.
5. Rabiu Family
- Net Worth: $5.4 billion
- Industry: Sugar production, cement manufacturing
- Key Figure: Abdul Samad Rabiu, founder of BUA Group.
- Highlights: BUA is a major player in sugar and cement industries.
6. Otedola Family
- Net Worth: $1.4 billion
- Industry: Energy, power generation
- Key Figure: Femi Otedola, chairman of Geregu Power PLC.
- Highlights: Former chairman of Forte Oil, significant stake in Geregu Power.
7. Danjuma Family
- Net Worth: $1.1 billion
- Industry: Oil, real estate
- Key Figure: Theophilus Danjuma, founder of South Atlantic Petroleum.
- Highlights: Investments in Notore Chemical Industries and NALComet, Nigeria’s largest shipping company.
8. Alakija Family
- Net Worth: $1.1 billion
- Industry: Oil, fashion
- Key Figure: Folorunso Alakija, executive vice chairperson of Famfa Oil Limited.
- Highlights: The family is also involved in real estate and fashion.
9. Ovia Family
- Net Worth: $980 million
- Industry: Banking, real estate
- Key Figure: Jim Ovia, founder of Zenith Bank.
- Highlights: Key investments in Visafone Communications and Nigerian real estate.
10. Elumelu Family
- Net Worth: $700 million
- Industry: Banking, investment
- Key Figure: Tony Elumelu, chairman of Heirs Holdings and Transcorp.
- Highlights: Founder of the Tony Elumelu Foundation, major investments in hospitality and agriculture.
11. Okoya Family
- Net Worth: N/A (wealth in manufacturing, real estate)
- Industry: Manufacturing, real estate
- Key Figure: Razaq Okoya, founder of Eleganza Group.
- Highlights: The family’s wealth comes from manufacturing plastic products and significant real estate investments.
These families represent the pinnacle of wealth in Nigeria, with influence spanning various industries from oil to telecommunications, banking, and beyond.
-
Share News with us via WhatsApp:08163658925 or Email: naijaeyes1@gmail.com
Join Our Social Media Channels:
WhatsApp: NaijaEyes
Facebook: NaijaEyes
Twitter: NaijaEyes
Instagram: NaijaEyes
TikTok: NaijaEyes
