10 Richest Men in Nigeria (Forbes 2022) And Their Source of Income
3. Femi Otedola ($5.9 billion)
The next person Nigerian hip-hop musicians frequently use as a symbol of how wealthy they want to be after Dangote is Femi Otedola. On the list of the top 10 richest men in Nigeria in 2022, he comes in third.
Femi Otedola was born in Nigeria on November 4, 1962. He is a businessman, philanthropist, and former chairman of fuel importer Forte Oil PLC. Otedola founded Zenon Petroleum and Gas Ltd. and also owns a number of other companies in the financial, real estate, and shipping industries. He most recently made an investment in power generation as part of Nigeria’s industry liberalization.
Femi Otedola has a mouthwatering net worth of $5.9 billion, so he is undoubtedly wealthy. Femi Otedola, a well-known CEO, businessman, and philanthropist, was born on November 4, 1962, in Ibadan. He is the father of DJ Cuppy, a well-known disc jockey in Nigeria.
2. Mike Adenuga ($7.9 billion)
Nigeria’s Top 10 Richest Men According to Forbes in 2022 Globacom’s CEO, Mike Adenuga
Mike Adenuga is the second person on the list of the top 10 richest men in Nigeria. Forbes estimates his net worth at $7.9 billion, but as of April 4, 2020, his actual net worth is estimated to be $5.5 billion.
The CEO of Globacom, Nigeria’s second-largest telecom company after MTN, is Mike Adenuga. Benin, Ivory Coast, and Ghana are other countries where Globacom operates. He is a shareholder in the Equitorial Trust Bank and Conoil, an oil exploration company (formerly Consolidated Oil Company). He became wealthy in the oil and telecommunications industries.
1. Aliko Dangote ($14 billion)
According to the 2022 Forbes List, Aliko Dangote has a $14 billion net worth, making him the richest person in both Nigeria and all of Africa. His ranking at the top of the list of the top 10 richest men in Nigeria is unjustified.
Born 62 years ago, Dangote obtained a Bachelor of Arts and Science from Al-Azhar University in Egypt. Cement and sugar, which are used to make food and building materials, are his main sources of income. He sells cement, sugar, flour, salt, and dangote pasta, among other goods. Each of these publicly traded companies on the Nigerian Stock Exchange has sizeable stakes in these investors.
His holding company owns 85% of the stock in the limited liability company Dangote Cement. This company, which conducts business in ten African countries, produces 45.6 million metric tons of cement annually.
[wp_ad_camp_2]
In an effort to put an end to the ongoing fuel crisis in Nigeria, he started construction on the Dangote Refinery three years ago. When it is finished, it will be the largest oil refinery in the world. This will result in a significant increase in his net worth.
