Danjuma is the CEO of South Atlantic Petroleum (SAPETRO) and during his time in the military, he was involved in various coups in the country. Nigerian Infopedia is Nigeria's authoritative top quality information website that provides resourceful information about her culture, people and things associated with Nigerians. Nigerian, Sugar, Cement, Flour. He has properties scattered all over the country and other foreign nations. For the eighth year in a row, Aliko Dangote of Nigeria is Africa’s richest person. Aliko Dangote and his successful cement company and other firms (flour, sugar) are on the top of our selection, because Aliko is the world’s richest black … Worth $3.3 billion in 2008, Dangote was the richest black African to appear on Forbes’ Billionaire list even then, and beat Oprah Winfrey to become the world’s richest black person. These are the 13 richest black people on earth: How To Attract Investment In An Overlooked Market. Aliko Dangote is the richest man in Nigeria. Folorunsho Alakija Net Worth $1.53 billion, 5. Folorunsho Alakija. Four years after the last case of wild polio in Nigeria, the World Health Organization announced today that its African Region is officially free of wild poliovirus. Umaru Abdul Mutallab: Former Chairman First Bank Plc, Mutallab Group. Then you are reading just the right article, as we will outline the top 10 richest musicians in Nigeria and their estimated net worth in Naira. Mike Adenuga, Nigeria’s second richest man, and Africa’s second richest man built his fortune in... 3. The same goes for the billionaire Otedola who has always made it to the list of the top 10 richest persons in the country, with the sale of his company Forte Oil in June 2019, Femi Otedola’s net worth has dropped from $1.2 billion to $330 million, as seen on his updated Wikipedia profile. Dele Fajemirokun: Chaiman Aiico Insurance, Xerox Nigeria, Chicken Republic, Kings Guards, etc. Aliko Dangote. The Black Billionaires 2019. Others who made the list of richest billionaires in Nigeria are: 11. 2019 Celebrity 100 - The celebrity ranks are based on an aggregate of the estimated earnings and their calculated fame quotient, via print and social media reach. Forbes Digital Starup Accelerator Nigerian Edition has begun. © 2020 Forbes Media LLC. Once signed into law, crypto exchanges and other services dealing with crypto assets may need regulatory approval to operate in the country. Forbes and MTN launch Forbes8, a digital video network, in Nigeria. Mohammed Ibrahim, $1.1 billion. Dangote Group founder Aliko Dangote has topped the 2018 list. Arinze Stanley's drawings are so realistic they look like photographs. Top Five Richest Kings in Nigeria 2019 (Forbes List)! The Black Billionaires 2019 - Forbes - Business (8) - Nairaland. Forbes: These Are the Richest People In Nigeria, 2019 1. GLO has even gone far as establishing its presence in other African countries like Benin, Ghana and Cote D’ Ivoire. With these, she had made her wealth. Malaysia's Richest. One entrepreneur in Guinea explains how she has done just that. Money & Politics . 3. Folorunsho Alakija is the richest woman in Nigeria and has been rated by Forbes to be among the richest black women in the world with a net worth estimated at $1.53 billion. Nigerian, Oil, Telecoms. Currently, Oba Otudeko is the owner of the Honeywell Group and chairman of FBN Holding Plc. Achiuwa, a native of Nigeria who played his high school ball at St. Benedict’s Prep (N.J.) and Montverde (FL) Academy, averaged 15.8 points and 10.8 rebounds at Memphis. Orji Uzor is among the wealthiest Nigerian men who are billionaires and is also active in politics. His company, Globacom (GLO) is the first indigenous telecommunications company in Nigeria, rivaling the likes of other foreign telecoms establishments in the country such as MTN and Airtel. Use Forbes logos and quotes in your marketing. He is the Chairman of the BUA Group which he founded in 1988. They are DJ Cuppy and Elizabeth Temi, a renowned blogger. While investing in Africa is on the rise, Francophone markets have been left behind. Ibom Air is planning to add another domestic route in the coming weeks as management re-boot efforts to transform Nigeria’s under-exploited civil aviation market. He is a Nigerian business magnate, investor, and owner of the Dangote Group, which has interests in commodities in Nigeria and other African countries. Networth (Forbes) – $20 Million. Meet the class of 2019, a stellar collection of entrepreneurs and innovators rewriting rules and taking bold new risks […] Top 10 Richest Musicians In Nigeria 2019 And Net Worth (According To Forbes) September 26, 2019. President BUHARI ran on an anti-corruption platform, and has made some headway in alleviating corruption, such as implementation of a Treasury Single Account that allows the government to better manage its resources and a more transparent government payroll and personnel system that eliminated duplicate and “ghost workers.” The government also is working to develop stronger public-private partnerships for roads, agriculture, and power. It’s no wonder why Burna Boy is in Forbes list of richest artists in Nigeria. Orji Uzor Kalu is one of the richest Igbo business men in the world with his investments ranging from the media, oil and gas, marine sector and even the furniture industry. According to Forbes, Pastor Chris’ Net Worth is $50 Million. Burna Boy Net Worth Forbes – $5 million. Latest update. Following the 2008-09 global financial crises, the banking sector was effectively recapitalized and regulation enhanced. Forbes Top 100 Richest People In The World – 2019 . Briggs Family. He was a senator and also a former governor of Abia state. Hong Kong's Richest. He is the founder of Believers LoveWorld popularly known as Christ Embassy, one of the biggest Pentecostal churches in Nigeria. Jim Ovia is an economist and an entrepreneur who owns one of the top commercial banks in the country, Zenith Bank. Forbes Lists 10 Richest Musicians In Nigeria 2019 & Net-Worth Scroll down to content Nigerian musicians are arguably some of the richest to ever grace the African Continent and in this article, we will be focusing on the richest hip-hop artists in Nigeria for the year 2019. Mike Adenuga’s oil company, Con-oil which was licensed in 1990 is also the first indigenous company to extract oil in commercial quantities in the country. Forbes Top 10 Richest Nigerian Musician 2020 & Net Worth #10. people still live in extreme poverty. Top Ten Richest Families in Nigeria 2020 1. How a social enterprise based in Nigeria developed a virtual learning center to bring education to Africa's slums. Queens Park Rangers star Eberechi Eze has raised the possibility of playing for Nigeria in the future, despite representing England at youth level. Aside this, he has other investments in real … Forte Oil PLC and Zenon Petroleum and Gas Ltd are among his companies. Olamide. The #EndSARS movement against police brutality in Nigeria has rocked the country online and offline and the government is responding in both arenas as well. Some of these means include endorsement deals, album/music sales and streaming, music shows and […] This group is also one of the largest conglomerates in Africa with a worth of $2.5 billion. Nigeria has issues guidelines for the regulation of bitcoin and other crypto assets. Abdusalam Rabiu is a wealthy business man and also one of the richest men in the country. Mike Adenuga, $9.1 billion. This year marks the fifth milestone annual FORBES AFRICA 30 under 30 list, and we have introduced a new category of game-changers. 5 Richest Igbo Men in Nigeria (2020) Top 20 Richest Men in Nigeria (2020, Forbes) Richest Doctor in Nigeria in 2020 & Net Worth (Forbes) Top 10 Richest Musicians in Nigeria 2020 & Net Worth (Forbes) 10 Richest Actors in Nigeria & Their Net Worth; 10 Richest LGAs in Nigeria; Top 10 Richest Pastors in Nigeria & Their Net Worth His estimated net worth according to Wikipedia is $1.1 billion. List of top 10 richest musicians in Nigeria in 2019 (Forbes) and their net worths based on show charges, endorsement deals, assets, and record sales. 13 blacks have been listed among the 2,153 people on Forbes 2019 list of the World’s Billionaires. British, Mobile Telecoms, Investments. Regulatory constraints and security risks have limited new investment in oil and natural gas, and Nigeria's oil production had been contracting every year since 2012 until a slight rebound in 2017. Those big names that made the list were ranked based on property, value of shares they have in quoted companies and other assets. Ayodeji Ibrahim Balogun, popularly/professionally known by his stage name – Wizkid or Star Boy is a Nigerian professional singer and songwriter who was born on the 16th of July 1990. The Forbes Nigeria Summit will feature 10+ iconic speakers/mentors, 100 global partners, and 50,000+ digital entrepreneurs and influencers from across Nigeria and its diaspora. Together, they are 120 in total across four sectors: business, technology, creatives and sport. Chief Molade Okoya Thomas: Chairman CFAO Nig and other six french companies, 21. Just like the rest, Fifi is into oil and gas, building construction, and real estate. These Nigerian musicians make money through various means. Of course, few popular rich men in Nigeria such as Aliko Dangote, Mike Adenuga and Femi Otedola were no surprise as their names and investments spoke for them. Aside this feat, he owns the largest conglomerate in Africa known as “The Dangote Group”. See the richest musician in Nigeria. Chief Ade Ojo: Distributor of Toyota cars, Elizade Motors Nig LTD. Save my name, email, and website in this browser for the next time I comment. Nigerian musicians are arguably some of the richest to ever grace the African Continent and in this article, we will be focusing on the richest hip-hop artists in Nigeria for the year 2019. This group controls a chain of companies and has operational bases in various African countries. This is the latest ranking of the Top 20 Richest Nigerian Musicians for 2019, see the Forbes list and their net worth. Below are people who were included in the big list of Nigerian billionaires this 2019. Chizoba is a seasoned Information blogger, content developer and the founder of Nigerian Infopedia. President BUHARI, elected in March 2015, has established a cabinet of economic ministers that includes several technocrats, and he has announced plans to increase transparency, diversify the economy away from oil, and improve fiscal management, but has taken a primarily protectionist approach that favors domestic producers at the expense of consumers. A major security incident is ongoing in the English Channel today, as suspected stowaways have taken over control of a large oil tanker travelling from Nigeria to England, in a suspected 'hijacking.'. Nigeria is Sub Saharan Africa’s largest economy and relies heavily on oil as its main source of foreign exchange earnings and government revenues. Vote for your favorite founder to participate in the closing "demo day". The head of this family is Chief Olu Benson Lulu-Briggs, one of the current richest men in the country at the moment and the founder of Moni Pulo Limited (MPL) a privately owned indigenous oil and gas company.. Africa’s richest man and Cement tycoon Aliko Dangote is still the richest black person in the world with a fortune estimated at $10.9 billion. PODCAST: Why Cristiano Ronaldo Is The World's Highest-Earning Athlete; 2017 Grateful Grads Index: Top 200 Best-Loved Colleges; Full List: The World's Highest-Paid Actors And Actresses 2017 Aliko Dangote tops the list as the richest man in Nigeria, Africa and also richest black man on earth with an estimated net worth of $8.6 billion. Politicians and individuals whose source of wealth cannot be traced are excluded from this list. 'Gbénga Ṣẹ̀san, founder of Paradigm Initiative and digital rights defender, is undeterred. 0. Theophilus Danjuma. Forte Oil PLC and Zenon Petroleum and Gas Ltd are among his companies. 5. Despite its strong fundamentals, oil-rich Nigeria has been hobbled by inadequate power supply, lack of infrastructure, delays in the passage of legislative reforms, an inefficient property registration system, restrictive trade policies, an inconsistent regulatory environment, a slow and ineffective judicial system, unreliable dispute resolution mechanisms, insecurity, and pervasive corruption. 2. 54gene, the African genomics research, services, and development company, has launched a fund to tackle the current challenges around testing for COVID-19 in Nigeria. Orji Uzor Kalu owns SLOK Group of companies which is one of the largest conglomerates in Nigeria and he is the founder and publisher of the Daily Sun and the New Telegraph newspapers. Femi Otedola is a business tycoon and also among the richest men in Nigeria with a net worth of $1.2 billion according to Forbes, 2019. Theophilus Danjuma is another Nigerian billionaire, a retired army general and also a philanthropist. Burna boy has many endorsement deals, notably with STAR beer. Forbes ranked Ovia whose net worth is $1 billionaire as one of the richest men in the country. Mike Adenuga. On June 15, 2020, the U.K. All-Party Parliamentary Group for International Freedom of Religion or Belief (APPG), a cross-party group of parliamentarians representing both houses of the U.K. Parliament, released a report about the mass atrocities perpetrated in Nigeria by the Fulani militia. UNICEF is supporting COVID-19 health education handwashing campaigns in Africa’s most populous country. He has other investments, cars, and even landed properties. ... Below is the ranking starting from number 10, of Nigerian music stars net worth according to Forbes. This shows a significant growth up from 11 a year ago. Recently, i compiled a list of the world’s richest billionaire school drop outs and today, I will be compiling a list of Nigerian billionaires and top richest people in Nigeria but please this list will be restricted to entrepreneurs only. All Rights Reserved. When Police Brutality And Digital Rights Collide – Lessons From Nigeria, Attempted ‘Hijacking’ Of Oil Tanker In English Channel, In A New Series Of Drawings, Arinze Stanley Asks What It Means To Be A Black Man In 2020. Of the 2,153 people who made it to the 2019 FORBES list of the World’s Billionaires, 13 of them are black, up from 11 a year ago. The company has its location in Port Harcourt. He has interests in real estate, telecommunication sector and even in the oil and gas industry. Alhaji Aliko Dangote Net Worth $8.6 Billion, 4. Tony Elumelu has also managed to transform Standard Trust Bank and United Bank for Africa (UBA), making these financial institution into a pan-African financial institution with presence in over 18 different African countries. Networth (Forbes) – $13 Million; Current Age(2019) – 38 Years(15 August 1980) Record Label – Dem Mama(DM) Records; Nigerian legendary music star – Enitimi Alfred Odom who is popularly/professionally referred to as Timaya is one of the richest musicians in Nigeria 2019 and the 8th musician on our list today. Aliko Dangote is currently the richest man in Nigeria and number 136 on the world richest/billionaires by Forbes Lately, Dangote’s net worth was $10.4 billion. Since he began his company in the year 1977, he has remained at the top and has become a very important figure in the economy of Nigeria. Nigeria: $14.1Billion: Diversified Top 10 Richest Pastors in the World – 2019 … Femi Otedola is a business tycoon and also among the richest men in Nigeria with a net worth of $1.2 billion according to Forbes, 2019. Since then, Nigeria’s economic growth has been driven by growth in agriculture, telecommunications, and services. Some of her companies include Famfa Oil Limited, Rose of Sharon, etc. He is also the wealthiest Yoruba man in the country. 15. The Richest Africans is an annual ranking of the richest African people, compiled and published by the American business magazine Forbes.The list has been published since 2015. Economic diversification and strong growth have not translated into a significant decline in poverty levels; over 62% of Nigeria's over 180 million. His investments ranges from marine, financial services, real estate and even in the oil and gas sector. In 2019, he won Best International Act at the 2019 BET Awards. Innovation. GDP growth turned positive in 2017 as oil prices recovered and output stabilized. Fifi attended Pratt Institutes in the United States and graduated as an architect. Aside this, he has other investments in real estate, shipping, banking and finance etc. Although she began as a fashion designer, she diversified and invested in the oil and gas sector, printing press, real estate industry and so on. Born and raised in Nigeria, his compositions speaks volumes as the world grapples with continuing racial injustice. Some investors are predicting that this year they might start closing the gap. MI Abaga – $5 Million [Forbes] In 2018, there was a record of 23 African billionaires on the list. Theophilus Danjuma Net Worth $1.1 billion, 6. Sources: Heritage Foundation; World Economic Forum; Transparency International; Freedom House; World Bank; Central Intelligence Agency; Property Rights Alliance. The story of how Dangote became successful can be found online as he was born with a silver spoon and also in a rich family. It is a no Argue nor an understatement if we say more than 85 percent of Nigeria Kings are stupendously rich as they ride luxury cars, live Mansions, have businesses they managed and even receive good salaries from Nigeria … First on the list is the Briggs. All Rights Reserved. Raymond Dokpesi: Daar Communication, AIT, 17. You have entered an incorrect email address! Aliko Dangote is the richest man in not just Nigeria, but in Africa as a whole, he is the founder and... 2. Fifi was the third richest woman in Nigeria in 2019. He is famed among the youths in the country especially through his foundation which has helped a lot of start-ups and funded so many small scale businesses. Before he sold Visafone Communications Limited to MTN, it was he who grew the company. Current Age (2019) – 28 years (16 July 1990) Record Label – Star Boy Music. Do you wonder how much much your favourite Nigerian musician is worth? Popularly known as Badhoo, he has released a lot of hit songs that support his claim as one of the country’s top artist. Mike Adenuga is the second Forbes richest Nigerian billionaire just after Dangote with a net worth estimated at $4.2 billion. Oba Otudeko is last on our list on top wealthiest billionaire men in Nigeria and Africa with a net worth estimated at $650 million according to Forbes. 15. 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