Top 10 wealthiest people in Nigeria in 2021 and their net worth

Top 10 richest individuals in Nigeria in 2021 and their net worth

Even amidst the economic difficulties many Nigerians are experiencing, it still doesn’t imply that no Nigerians are enjoying a lavish lifestyle.

Despite the economic circumstances affecting affluent individuals in the nation, it, however, doesn’t suggest they cannot indulge in the lifestyle they desire.

During the 2020 pandemic, there was an instance of one Nigerian tycoon who purchased extravagant vehicles for his three daughters simultaneously.

In spite of possessing this wealth, the prominent figures are not surrendering anytime soon as they persist in channeling their funds into various forms of investment.

A well-known song states, “Dangote still dey find the money.” The artist is accurate as Alh. Aliko Dangote, who continues to be the wealthiest black man worldwide, is directing his resources into a colossal refinery being built in Lagos.

There are speculations that Dangote’s fortune may double once the refinery is finalized and begins operations.

To keep you informed, we have chosen to present you with the roster of some of the richest individuals in Nigeria.

Listed below are the top 10 wealthiest individuals in Nigeria in 2021 along with their net worth

Aliko Dangote at $9.9 billion

Currently, no one is challenging this position held by Dangote. It has been a lengthy time since anyone has attempted to do so.

Dangote is not merely the wealthiest person in Nigeria, but also the richest in Africa and the wealthiest black individual on the planet.

He is the head of Dangote Group of Companies, which is involved in cement, salt, sugar, and various other industries.

Even though Dangote hails from an affluent lineage, he has not allowed that to inflate his ego.

His net worth is $9.9 billion according to Forbes.

Mike Adenuga at $7.2 billion

He is regarded as Nigeria’s most low-profile billionaire as it is rare to see him in the news.

Adenuga comes from modest beginnings but has established a reputation for himself and his family.

He is well-recognized in Nigeria and abroad due to his telecommunications company, Globacom.

Adenuga is reportedly valued at $7.2 billion.

3. Femi Otedola at $1.8 billion

Otedola is one of the most notable family names in Nigeria.

Femi, the son of former Lagos Governor, Sir Michael Otedola, has built upon his father’s legacy.

He ranks as the third wealthiest individual in Nigeria with significant investments in oil and gas, real estate, among others.

Femi is the previous Chairman of Forte Oil and is the founder of Zenon Petroleum and Gas Limited.

He is also the father of Tolani and DJ Cuppy.

Recall that during the pandemic in 2020, Femi purchased three Ferrari Portofinos for his three daughters, which went viral on social media.

His estimated worth is valued at $1.8 billion.

Jimoh Ibrahim at $1.1 billion

He is the proprietor of Global Fleet Group and earns his income from investments in oil and gas, insurance, real estate, hospitality, and other sectors.

Pascal Dozie at $1.1 billion

When discussing the most brilliant minds behind Nigeria’s prominent brands today, Dozie would certainly be included.

He is the chairman of the MTN Nigeria Group. Dozie also contributed to the establishment of the now-defunct Diamond Bank, which is presently known as Access Bank.

Folorunsho Alakija at $1 billion

She is the wealthiest woman in the nation and the globe at large.

Alakija accumulates her wealth from investments in oil and real estate.

She owns Famfa Oil and is reportedly worth approximately $1 billion.

Tony Elumelu at $990 million

Tony is not solely a billionaire; he is an entrepreneur and philanthropist. Over the years, he has supported emerging entrepreneurs in Nigeria and Africa through his foundation, the Tony Elumelu Foundation (TEF).

He holds investments in Heir Holdings, UBA, and Transcorp.