The list of top 21 Richest Nigerian billionaires has been based on:

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The value of their shares held in quoted companies, the size and market share of their companies, the number of companies they own and its assumed value, the market value of their company’s brand and the impact of their companies on the Nigerian economy.

In a country with a population of over 160 million inhabitants and millions of businesses; these 21 entrepreneurs diligently carved their names in the sands of time.

See the list below.

1. Alhaji Aliko Dangote – founder of Dangote Group, Richest man in Africa and Richest black man in the world
2. Mike Adenuga – Conoil, Equatorial Trust Bank, Globacom
3. Femi Otedola – ZENON Oil and Gas
4. Orji Uzor Kalu – Slok Group
5. Cosmos Maduka – Coscharis Group

6. Jimoh Ibrahim – Nicon Insurance, Global Flee
7. Jim Ovia – Zenith Bank, Visafone
8. Pascal Dozie – MTN Nigeria, Diamond Bank
9. Oba Otudeko – Honeywell Group Nigeria
10. Alhaji Sayyu Dantata – MRS Group
11. Umaru Abdul Mutallab – former Chairman First Bank Plc, Mutallab Group
12. Prince Samuel Adedoyin – Doyin Group
13. Dele Fajemirokun – Chaiman Aiico Insurance, Xerox Nigeria, Chicken Republic, Kings Guards etc.
14. Chief Cletus Ibeto – Ibeto Group
15. Raymond Dokpesi – Daar Communication, AIT,
16. Tony Ezenna – Orange Group
17. Chief Molade Okoya Thomas – Chairman CFAO Nig and other six french companies
18. Ifeanyi Ubah – Capital oil and gas
19. Leo Stan Ekeh – Zinox Computer
20. Fola Adeola – GTBank
21. Chief Ade Ojo – Elizade Motors Nig LTD, Distributor of Toyota cars[/like_to_read]

Join the conversation. Leave a Comment

50 Comments so far. Feel free to join this conversation.

  1. Babajide Bailey July 7, 2014 at 3:08 pm - Reply

    That list is not complete without my name.

  2. Tayo Crudefleet July 23, 2014 at 4:03 pm - Reply

    Incomplete list where is Tayo Crudefleet?

  3. sokumzy July 24, 2014 at 4:14 pm - Reply

    u guuys are poor shirt why is ma name not toping the list there as a programer i think in few years time i guess so Ndukwu sylvester chisom aka sokumzy

  4. Adebayo Samuel July 25, 2014 at 9:38 am - Reply

    Very soon my name will be among the richest man in the world.

  5. ADEBOLA OLALEKAN WALTER JOHN July 25, 2014 at 9:47 am - Reply

    It’s incorrect without my name among. I LOOK UP TO GOD… Give the grace to be world honour.

  6. ayo agbebi July 25, 2014 at 4:47 pm - Reply

    i will like and love to be associated with the group

    • joy September 11, 2014 at 4:34 pm - Reply

      y r u guys beefng….just go n make ur doh n shut up!

    • joy September 11, 2014 at 4:36 pm - Reply

      Ayo Abebi…u made d best comment… i love ur humility n calmness…

  7. Abubakar July 26, 2014 at 9:30 am - Reply

    This pple are not rich, co’s there richness is not 4rom ALLAH.Let them search themselves very well

  8. ADEREMI OLAYINKA July 26, 2014 at 10:00 am - Reply

    live with out money is nothing, i will like to associated with the group

  9. nature July 27, 2014 at 10:04 am - Reply

    Fuck them with da fucking m$$ny dey only rich in nija not in da world

  10. UIMW July 27, 2014 at 4:13 pm - Reply

    1. What is the current state of the primary school and secondary school they attended?
    2. How high is the reinforced concrete fence around their homes?
    3. How many MOPOL escorts accompany them for a stroll in the park (if they dare)?
    4. How many real jobs have they created by their REAL investments (not trading buying and selling) in the Nigerian economy?
    5. How many people have they groomed or are they grooming to replace them upon their death?

    • Babalola Olufemi September 26, 2014 at 2:01 pm - Reply

      The names are yet to be completed without my name. Dats Ojoroooooo

  11. Otunba Yisa Idowu July 29, 2014 at 9:11 am - Reply

    in tourist industry and business morgan in nigeria very soon i will lift up by God

  12. badmos sulaimon July 29, 2014 at 1:42 pm - Reply

    if i can achieve my dream i will be be rich person in the world

  13. grace edeani July 29, 2014 at 2:26 pm - Reply

    Congratulations to all of them in the list. It is not easy. Tomorrow still has much in stock for us DV (God Willing). God bless Nigeria my country.

  14. xty July 31, 2014 at 1:04 pm - Reply

    I am not clicking like put the list here already

  15. Prince John Duru July 31, 2014 at 1:06 pm - Reply

    Thanks for this Social Media opportunity to have allowed us to join this Group Page. I will like to be a member of this Group.

  16. ADU August 1, 2014 at 10:25 pm - Reply

    Almighty God bless everyone of Us

  17. THOMAS O. WISE August 26, 2014 at 2:22 pm - Reply


  18. Bayooh Yusfaith August 26, 2014 at 7:46 pm - Reply

    an uncompleted list,you omitted my name

  19. Bamimore Olufemi Oludare September 11, 2014 at 2:18 pm - Reply

    An uncompleted list, when my name is not there yet

  20. Ajewole T. Lawrence September 11, 2014 at 4:51 pm - Reply

    I reserve my Comment but i trust God for our enlistment…

  21. nwadike henry September 11, 2014 at 9:08 pm - Reply

    am happy for that list they have made dia own money,let me go and look for mine…….God bless MY HUSTLE # OLUWA IS INVOLVED……..

  22. ekundayo rodney September 12, 2014 at 3:29 am - Reply

    I stepped in the train

  23. Anonymous September 12, 2014 at 5:44 am - Reply


  24. HIGH Q September 12, 2014 at 9:40 am - Reply

    Riches and Poverty are state of d mind. If u think u re rich, so be it and if u feel u re a poor man so be it. Even in wealth, some big guns steal public fund bcos they feel dy re POOR. Thus, i’m (Ishola Q.O.) d Dangote not enlisted in d list. Pls don’t laugh.

  25. Anonymous September 12, 2014 at 3:46 pm - Reply

    Tony Onyemaechi Elumelu – UBA, Transcorp, and Heirs holding

  26. emele ifeanyi.. September 12, 2014 at 11:13 pm - Reply

    i will be there soon not only that but i will be the richest as far as God lives..fingers crossed

  27. Nwachukwu September 13, 2014 at 10:54 am - Reply

    it is incomplete without my name

  28. MR.PUFFY IMT......... September 13, 2014 at 11:17 pm - Reply

    Surely with Almighty God on my side i will be counted among them soon……… on process !!!

  29. Eng Abdulrashid Muhammed September 14, 2014 at 7:36 am - Reply

    I will like to be among this group

  30. jevison September 14, 2014 at 3:31 pm - Reply

    I think the List is incomplete without me so fuck the Hell

  31. Julius Ochuko Okitikpi September 14, 2014 at 4:36 pm - Reply

    Ohhhhhhh this same mistake from this people again,why did you guys Omitted my name

  32. Anton September 14, 2014 at 7:05 pm - Reply

    Your Health is your wealth.

    We do forget how rich we are, that we are alive and healthy.

    Thank your god and be happy.

  33. Anton September 14, 2014 at 7:11 pm - Reply

    Again the most important thing in life is not to be a beggar.

    These poeple are not happier than you and me.

    Just be yourself and keep moving on.

    Engr. Anton ( Germany)

  34. Zeezee September 25, 2014 at 11:31 am - Reply

    I cant wait to be Dangote’s wife.God!! help me…………..

  35. prince ehiem September 25, 2014 at 12:49 pm - Reply


  36. ANTHONY KELECHI EKWE September 25, 2014 at 1:01 pm - Reply

    History is not yet complete until i am manifested among the wealthiest in this planet

  37. Dare Adeloye September 25, 2014 at 2:09 pm - Reply

    God placed them all there. I decree upon my destiny to be placed higher than them in Jesus mighty name. I celebrate them now cos they also will celebrate me.

  38. Laredo September 25, 2014 at 4:02 pm - Reply

    By God’s grace, i am going to be number one millionaire in the world for a century, starting from next 5 years

  39. Scarx September 25, 2014 at 5:22 pm - Reply

    GOD time is d best coz no one kws 2mao

  40. AYOBAMJB September 26, 2014 at 9:26 am - Reply


  41. michael ejike September 26, 2014 at 1:31 pm - Reply

    very soon my name will be among the richest in the world. nevertheless i thank God for their lives. and i also thank Him as He is lifting me up to the TOP. GLORY TO GOD.

  42. adebayoademolamchumour October 1, 2014 at 3:21 pm - Reply

    God will answer me as well

  43. Anonymous October 17, 2014 at 7:00 am - Reply

    God time is the best, i know one day my name will be among the richest people in the world.

  44. Hassan alli October 17, 2014 at 7:01 am - Reply

    God time is the best, i know one day my name will be among the richest people in the world.

  45. CLETUS August 13, 2016 at 2:38 pm - Reply


  46. Peace August 28, 2017 at 7:48 pm - Reply

    By next year December,my name will be among the richest women AMEN