Theophilus Danjuma amassed his mouth-watering fortune from shipping and petroleum. His journey into becoming a billionaire began when he established a small trading firm in 1977. The company owns gas/petrol stations and fuel storage depots and manufactures its engine oils. After a stint in the army and as a journalist, he became an entrepreneur and had various businesses, selling toiletry kits and running a charter tours business. He was also involved with the Federal Government particularly in the Energy sector when he initially returned to the country. Dejoria was, at some point in his life, homeless. Anchorage Leisures, a subsidiary of the Honeywell Group, owns Radisson Blu, which is a prominent waterfront hotel in Victoria Island, Lagos. . You take detours, navigate between the obstacles and make it happen. Their net worth totals $161.7bn, up 12.4% from $143.8bn on Ventures Africa's first list in 2013. (@fint_ng). as an infrastructure engineer where he worked for nearly nine years before leaving aged 30 with enough cash to launch his own business. David Murdock, worth $2 billion (1.56bn), is the chairman of privately-held Dole Food Products and Castle & Cooke. As a result of his participation, he was suspended by the school authorities but he never returned as he went on to building several successful businesses. Read more about Larry Ellison's astonishing life, Once Ortega had gained enough experience, he and his wife launched a textile manufacturing company then, later on, the Zara brand. He has a net worth of $2.7 billion (2.1bn) and is the 887th richest person in the world. The popular Ibeto Hotels is one of his business interests. Aliko Dangote, I did not see adeleke,dantata and my self, I did not see adeleke he his richer than otedola na, It is only God knws the position of my father. Most notable among the numerous philanthropic gestures of the billionaire oil mogul is his N200million donation to the State Security Trust Fund in 2007 in an attempt to ensure a crime-free Lagos. HOW THE BILLIONAIRE SON TREATED ME BECAUSE AM FROM A POOR HOME (New Hit movies)Latest Nigerian MovieEXCEL NOLLYTV Channel on YouTube is your best plug for ex. 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. That a Nigerian billionaire and his . A post shared by Join our Investment Club (@thetgiclub). Listed in no particular order, these are billionaires and multi-millionaires; all figures are in US dollars. Two years later, Troutt merged his company with Teleglobe in a $3.5 billion. He took over the company from his father, Wahab Folawiyo when he passed away in 2008. Besides his companies, he has investments spread across various sectors in the country and beyond. He is the chairman of Forte Oil Plc, a major importer of fuel products. The following are the top 10 songs released in the month of November by Nigerian artistes. 11. The following is a list of Nigerian billionaires. Hakeem is a renowned philanthropist and one of the largest donors to the African Leadership Academy. The Guardian newspaper named him Oil and Gas CEO of the Year in June 2018. He is the younger brother to Shina Peller, an entrepreneur, industrialist and politician. Abdusalams company acquired the Nigerian Oil Mills Limited and also acquired a controlling stake in the Cement Company of Northern Nigeria some years ago. Ortega was born in 1936, just before the outbreak of Spains Civil War, and grew up in Leon where his father was a railway worker. He is the founder and CEO of The Ibeto Group, a group of companies that have interests in automobile spare parts, cement production, energy, hospitality, petrochemicals, and real estate. Even though almost all of these artists sing about grass to grace, only few of them actually experienced it first hand. Famously, he developed the Venetian, the Venice-themed resort hotel and casino in Nevada, which boasts a shopping mall with canals and singing gondolas, as well as over 4,000 rooms and 18 restaurants. Shanty Town Or Blood Sisters, Which Is Nigeria Best Netflix Series? Oba also owns minority stakes in First Bank and Ecobank. Mike Adenuga ranked 2nd in the list of richest men in Nigeria. Born in Beijing in 1965, during the Cultural Revolution, Xin grew up with her mother after her parents divorced when she was five. He has also won a handful of awards which include Commander of the Order of Niger (CON) 2012, Africas 55 wealthiest People by Venture Capital (2014), Forbes Most Prominent Naira Billionaire from Nnewi (2017), A post shared by SIR EMEKA OFFOR (@sir_emeka_offor). These include London, Dubai and New York City. The Nigerian oil mogul is a humanitarian whose philanthropic gestures can never be forgotten in a while. Instant messaging whizz Jan Koum is worth $9 billion (7.02bn). Here's the complete list of the richest entrepreneurs in Nigeria. Most Nigerian artists introduce themselves to the scene about their backgrounds. His investments include Heir Holdings, the United Bank for Africa and the Transcorp. Orji Uzor is the chairman of SLOK Holding and the former governor of Abia State. 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. 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. Mohammed Indimi is the founder of Oriental Energy, a company he founded in 1990. Ive seen it myself. 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 Vecchios hard work and work experience paid off and at 25 he went on to open his own moulding shop. Telecommunications genius and self-made billionaire Kenny Troutt has now retired but not before making a cool $1.4 billion (1.09bn) fortune. 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. He has, over time, donated generously to PDP and supports other political parties as well. Harold Hamm is the 100th richest person in the world and is worth $14.1 billion (11.1bn), due to his lucrative company Continental Resources, which produces more than 200,000 barrels of oil a day and is known for pioneering horizontal drilling and hydraulic fracturing (better known as fracking) in the Bakken region of North Dakota. Ambrose Bryant Chukwueloka Orjiako, popularly known as ABC Orjiako, is the chairman and co-founder of SEPLAT, one of Nigerias largest petroleum development companies. The son of a single mother who worked as a bartender, Troutt grew up in public housing in Mount Vernon, Illinois. His sojourn in business started when he successful ran the familys printing business in the 1980s. 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. Jae C. Hong/AP. People shall go to Space (the Moon and other Planets) from their houses in Africa. Taaooma Biography: How Old is She and What is Her Net Worth? He also owns the world's third-largest yacht (which he. His wealth comes from investments and entrepreneurship. Nigerians' anger and frustration are deservedly directed to their government. We have listed the current 10 richest Igbo men in Nigeria today. 9. But few point to the special breed of Nigerians: the "Crazy Rich Nigerians." An attendant at the Annual Lagos State Carnival in Ikoyi, Lagos, 2013. Lynxxx was the first Nigerian artist to be endorsed by the global brand, Pepsi. According to Forbes, he's also the richest black person in the world . Yet the founder of one of the most powerful companies in the eyeglasses market rose from humble beginnings to make it to the top. Also among the richest men in Nigeria is Jimoh Ibrahim, a well-established Nigerian lawyer, politician, businessman, investor, and philanthropist. In 1988 Kenny Troutt founded long-distance phone company Excel Communications and in 1996 Troutt took the company public. He also serves as a member of the Global Advisory Board of the United Nations Sustainable Energy for All Initiative (SE4ALL). Rotimi Alakija is a Nigerian Disc Jockey with the stage name DJ Xclusive. Mohed Altrad came from humble beginnings, born an orphaned Bedouin in the Syrian desert. He is also involved in numerous other philanthropic activities. He recently invested in power generation as part of the liberalisation of the sector in Nigeria. Before the couple founded the incredibly successful clothing empire, he struggled to make ends meet. Many in this exclusive club had a running start on wealth thanks to affluent families and a first-class. Now discover the college droputs who became billionaires. Some of the world's wealthiest entrepreneurs were born dirt poor. He is the richest man in Nigeria and Africa. Hes currently the chairman of the bank. He is the founder and CEO of Interactive Brokers, a leading securities firm boasting over $6 billion (4.7bn) in equity capital. In France, Altrad was poor and lived off one meal a day, yet managed to earn himself an undergraduate degrees in physics and math, and a Ph.D. in computer science. It is based on an annual assessment of wealth and assets compiled and published by Forbes magazine. He is also the 67th richest person in the world. When John Paul DeJoria was a child he sold Christmas cards and newspapers to support his family. A post shared by Hakeem Belo-Osagie (@hakeembelo.osagie). In 2019 they plan to open a museum in France. He has donated more money than any other living Russian, giving away $2.5 billion (1.9bn) to the Chukotka region. 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. The poor get poorer. Abdusalam Rabiu is also the chairman of the Nigerian Bank of Industry. (@its_lynxxx). Borno will be more beautiful than Dubai. Chrome Group is a leading multi-million dollar conglomerate with interests in oil and gas, insurance, power, broadcasting, logistics, and telecommunications. Abramovich spent his early life in a region far-removed from the riches of his current home in Londons Knightsbridge. According to the recently released Forbes list in 2017, Mike Adenugas net worth is estimated at $5.8 billion and he is the third richest person in Africa. Dos Santos is the daughter of Angola's president, who appointed her as head of Angola's state oil firm Sonangol in June 2016. Xin went on to study at both Sussex and Cambridge universities before landing a job at Goldman Sachs, where she worked in floating Chinese factories on the public stock exchange. Tony Elumelu serves as an advisor to the USAIDS Private Capital Group for Africa (PCGA) Partners Forum. He subsequently ventured into politics, serving as a Minister of Defense under President Olusegun Obasanjo. He worked as a bartender and even sold blood throughout college. It wasnt until 1952, after a stint in a detention camp in Cyprus and fighting in the 1948 Arab-Israeli War, that Lowy moved to Australia armed with one suitcase and no money. He is regarded by many as one of the biggest and most influential in Africa. 10 Billionaires Like Oprah Winfrey Who Grew Up Poor | GOBankingRates You don't have to be born with a silver spoon in your mouth to achieve great things in life -- though it certainly helps. Pinault eventually dropped out, yet this didnt affect his business smarts. Honorary citizenship in the U.S. State of Georgia, 2006- Certificate of Merit Award for Humanitarianism by Lifeline Care Association, 2013- Nigeria Advancement Awards honored him as the Oil and Gas Man of the Year, 2015- Martin Luther King Legacy Award for Service and Philanthropy, 2006- African Business Leader of the Year, 2008- He won the African Banker of the Year by African Banker Magazine, 2012- National Honour of Commander of the Order of the Niger (CON), 2016- He was conferred a Lifetime Achievement Award, 2010- Recipient of the African Business Leadership Award, An honorary doctorate award in business administration from Crescent University in Abeokuta, He is a Goodwill Ambassador, Honorary Citizen of the city of Houston, and Honorary Consul of Barbados. (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, Not too long after their company took off, Mitchell died of cancer and DeJoria took over. Oba Otudeko worked as banker for over 2 decades rising to the position of Chief Executive Officer of the Cooperative Bank in Ibadan. He is also the Chancellor of the Federal University of Agriculture, Abeokuta. 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. Lowy was born in Slovakia, then Czechoslovakia, in 1930. 1. Through hard work and perseverance he managed to get a job as an architectural draughtsman for an engineering firm and went on to programme computers there. Global Fleet Group is an umbrella company for its investments in several other industries covering oil and gas, hospitality, aviation, banking, insurance, real estate, publishing, and media. Super Eagles winger, Simon Moses was in action as Nantes book a place in the next round of the Coup de France after defeating Lens 2-1 on Wednesday. Winfreys hit talk show has transitioned into a media and business empire, including a magazine and cable channel, OWN. He was responsible for leading Zenith Bank to become one of the largest and most profitable banks in the country. He used the proceeds to buy a car, drive to Arizona and started Castle & Cooke, a real estate company that grew to include Dole Foods Co, a fresh fruit and vegetable producer. Roman Abramovich is known across the globe as a multi-billionaire with stakes in Evraz, Norilsk Nickel, and the UK's Chelsea soccer team. He is the chairman of the Mondola Group. He founded Muhammadu Indimi Foundation (MIF) with the aim of helping families and individuals in Northern Nigerian states out of hunger, poverty, and illiteracy. At age 12, his family fled from China to Hong Kong and his father, a primary school principal-turned-watch factory worker, died shortly after. He heads up the $4 billion (3.09bn) Altrad Group, which provides construction and maintenance services, but his start in life was worlds apart from this. Lowy said: Never give up! Peterffy was born in Budapest, Hungary in 1944 in a hospital basement during a Russian air raid. Capitalising on wholesale closeouts, they bought merchandise for cheap and hit $700,000 in first-year sales, prompting them to open a new store every six months. 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. Knight of Saint Christopher of the Church of Nigeria, Anglican Communion. Globally, he ranks at 344 among Forbes real-time billionaires list as at 1st June 2020. 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. A post shared by ENG PRINCE Arthur Eze (@prince_arthur_eze). His business interest is primarily in oil and he is the chairman of South Atlantic Petroleum (SAPETRO). The combined wealth of Nigeria's five richest men - $29.9 billion - could end extreme poverty in that country according to a new report published by Oxfam today. In 2005 he sold the oil company for $13bn (10.15bn). He was the first person in his family to attend college. Arthur Eze is one of the wealthiest men in Africa. He is also the chairman of Standard Alliance Insurance, Verticom Wireless, STB capital markets, Flame Petroleum and Gas Limited. But sadly it wasnt enough and he was sent to foster care and wound up in a gang, before finding an olive branch in the form of the military. Mike Adenuga had his primary and secondary education in Nigeria before proceeding to the United States to study Business Administration. Abramovich became friends with one of his countrys most influential individuals and became a big player in top circles. Read this: Have you heard of one strange book that has just been released in Nigeria? Abass is a seasoned freelance writer and internet marketer. Media Mogul Oprah Winfrey, worth $2.9 billion (2.27bn), is an American media executive, talk show host, actress, producer, and philanthropist. Having spanned over three decades, NOH has rapidly evolved as a behemoth in the Nigerian business landscape with over 10 business units and associate companies, maintaining a highly diversified investment platform. Schultz was born in 1953 in Brooklyn, New York, and grew up in a public housing project. The most prominent and yielding in the group of his companies is Global Fleet Oil and Gas, which grew by buying out as many gas stations as possible and acquiring more than 150 gas stations in just a year. He is the founder and CEO of Nigerian Finder.com. A post shared by Senator Orji Uzor Kalu (@oukgram). This is a list of the top 5 Nigerian songs released this week. Additionally, he is the chairman of the Ministerial Committee to establish world-class hospitals and diagnostic centres across Nigeria. He is also the chairman of FBN Holding Plc. While South Africa's Johann Rupert was ranked second, two of Nigeria's billionaires also made the list. Interestingly, the richest man in Africa is a Nigerian while the second richest African woman is also a Nigerian. But nothing was handed to Xin on a plate. 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. Some of his other companies are CentreForce Limited, Forte Oil, Zenon Petroleum and Gas Limited, Swift Insurance, Gegeru Power Plc, and others. Features The world's richest families, and how they got rich Features The world's richest actors might not be who you expect Features The one man richer than Elon Musk, and his luxury life Features 15 countries that have cashed in on the war in Ukraine Savings and ISAs Win prizes AND earn interest: top Premium Bond alternatives In Australia, he reunited with his family and, in 1953, he met fellow immigrant John Saunders and together they started developing shopping centres across Australia and around the world. Date of birth: 24th February 1967. For a while DeJoria slept in his car and sold shampoo door to door, before he teamed up with Paul Mitchell in 1980 and turned $700 into the hugely-successful John Paul Mitchell Systems. Langone dug ditches for the Long Island Expressway and his high school principal advised his parents not to waste their money sending the unpromising student to college. Read the Complete Part 1 in His Site:www.josephintro.com. The report, 'Inequality in Nigeria,' exposes the large and growing gap between rich and poor. The app was so successful Facebook bought it for a massive $19 billion (14.82bn) and Koum was invited to sit on the Facebook board. With an estimated net worth of $10.3 billion, according to Bloomberg, the Dangote Group founder is the richest man in Africa. A post shared by ManLikeLynxxx (OnlyPage)???? Poor countries get poorer, and rich countries get richer. He was also the founder of Visafone Communications Limited which has since been acquired by MTN. Igho is the chairman of several companies and he is the Executive Director of Cosmos oil AG and the founder/chairman of Taleveras, an energy trading company. I will soon join the list soon by Gods grace.. Lols Nigeria where the rate of poverty is plenty than any other countries, your revalation is rubbish Sir or ma even we cant overtake ghana and south Africa talkless of Europeans or Americans Lols dont fool yourself, maybe if Jesuss come and God rebuild this world again and created new beings and creature your revelation will come to Pass.. nonsense! Chinese billionaire businesswoman Zhang Xin has an estimated worth of $3.6 billion (2.8bn) and has been called the woman who built Beijing due to her groundbreaking career in property. His mother Frieda was an artist, his father Frank was a house painter and money was tight. According to the latest release by Forbes, Femi Otedola has net worth of $2.3 billion which puts him at the third position in terms of wealth in Nigeria. If you feel we missed out on any other artist, kindly tell us below in the comment section. Dangote has investments in Nigeria as well as countries like Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania and Zambia. After graduating he got a job in sales at Xerox and later became manager of US operations at Hammerplast. Pinault and his family own a 3,000-piece art collection, with works by Picasso, Mondrian and Koons, auction house Christie's, several vineyards, a French soccer club, a theatre in Paris and a luxury yacht and expedition company. The bank has branches in Ghana, South Africa, Sierra Leone, Gambia, and The UK. Jim Ovia is also the chairman of the Nigerian Software Development Initiative (NSDI), Cyberspace Network Limited and the National Information Technology Advisory Council (NITAC). Elumelu serves as an advisor to the country at some point in his family Otudeko worked as a member the... It happen responsible for leading Zenith Bank to become one of his business is... 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