2. Introduction
In Nigeria, a typical discussion amongst young guys during a
regular hang out most especially after a few drinks is the
financial status of successful Nigerians.financial status of successful Nigerians.
After a lot of raised voices, the discussion attempts to find a
resolution by speculating on the amount of cash and assets the
said individual has and at one point the argument would begin
to dissolve due to lack of adequate information to buttress their
point. The stubborn ones however, will remain steadfast about
their position and would feel very confident about their
information which is mostly based on PRIVILEGED HEARSAY. This
scenario happens in every 7 out of ten of such gatherings daily.
3. To solve that dilemma we came up with the only comprehensive study of
the Nigeria’s top tier segment of the affluent population in the past 56
years as an independent nation.
This is the inaugural edition of this groundbreaking report is aimed at top-
level corporate executives, business people, aspiring and budding
entrepreneurs , general public and international investors interested in
doing business in Nigeria
At the uppermost levels of the wealth stratosphere in Nigeria, ALIKO
DANGOTE is the king but he alone cannot be responsible for the driving the
economic growth of the country. He is just one of the numerouseconomic growth of the country. He is just one of the numerous
GAMECHANGERS in Nigeria driving the emerging economy and putting
Nigeria on the global view in especially in the areas of energy, finance,
telecommunications, services, entertainment and technology industries in
the process generating employment and creating wealth for themselves.
We give you the most complete and authoritative accounting of individual
and family wealth ever produced in Nigeria.
4. JR STANROD+ NIGERIAN RICHLIST
The Combined Wealth Of The 600Billionaires Is $178.94billion
$178,940,000,000
And if they are feeling really charitable, they could share their
wealth to every single Nigerian and in that case, we would all
get
N301,442 each
for all 187 million Nigerians
Dr. Ifeanyi P. Ubah
Chairman, Capital Oil & Gas Industries ltd
5. A basic networth of
That is enough to buy
220
$20,000,000is needed to make the list
220
units of 2016 Range Rover
at $90,000 per unit
6. male
576
Male vs Female
inherited
9%
Inherited vs Self made
The Stats
female
29
male
9%
self made
91%
inherited self made
Dr Stella Okoli
Chairperson, Emzor Pharmaceutical Industries ltd
7. Industries where their fortunes are derived
Financial services Real Estate and Construction
Oil and Energy Manufacturing
Computer/Tech/Web Food and Restaurants
Consumer Retail AdvertisingConsumer Retail Advertising
Automobile assembly and distribution Logistics services
Agriculture Medical and Pharmaceuticals
Media and Entertainment Travel and Tourism
Outsourcing
8. Top 5 most
unusual source of
wealth
Olatunde Agbato $40million
Kene Mparu $30million fortune comes
from his active involvement in the movie
industry his companies
FILMHOUSE CINEMAS GROUP the operator the
largest chain of modern movie cinemas in Nigeria
with branches in Surulere, Apapa, Port
Harcourt, Ibadan, Asaba and Kano
Adewunmi Ogunsanya
$220million fortune actually comes from
DStv and GOtv direct-to home pay TV
platforms with over 8.3million subscribers
on both platforms enjoying the widestOlatunde Agbato $40million
fortunes is impressive to anyone in poultry
and allied products business his FUNTUNA
FARMS NIG LTD is a large poultry farm on 50
hectares in Ogun state with 1 million point-
of-lay chickens producing 105.12 million eggs
annually
on both platforms enjoying the widest
range of local and international television
and radio channels
Murtala Nyako $200million fortune comes
from agriculture but what makes most of us wonder is
that most of it came from his impressive mango
farming operation located on 140 hectares with 55,000
assorted mango trees in Adamawa the largest of such in
Nigeria producing over 11,000 metric tons annually for
export to Europe and Middle East
Joe Obiajaku $80million
comes from auto products but not
just any auto care product –it is its
range of car batteries like SOLITE
batteries (the no.1 car battery
brand in Nigeria), ROCKET
batteries, ARNOLD
batteries, XTREME STAINLESS
batteries AND CROWN
batteries all of which constitutes
48% of the car batteries in Nigeria if
you doubt me please check under
the hood of your car right now
9. If the 600 billionaires on the list decides to spread their wealth
equally amongst themselves, every single one of them would get
$297,737,104$297,737,104That would make 79.5% of the billionaires richer than they are
already are now
Ibukun Awosika
Chairperson, FBN Holdings plc
10. TOP 10 RICHEST PEOPLE IN NIGERIA 2015
1. Aliko Dangote
$17billion
2. Mike Adenuga
$9billion
3. Sunil Vaswani
$8billion
4. Gilbert Chagoury
$7billion
5. Ronald Chagoury
$4billion
6. Gabriel Volpi
$3billion
7. Atiku Abubakar
$2.5billion
8. Patrick Onikoyi-
Fafunwa & Onikoyi family
$2.3billion
9. Bharwan Mathani
$2.2billion
10. Tijani Akinloye &
Ojomu family
$2.1billion
11. If the people on this
list come together as a
$178,940,000,000
With a combine networth of
Just under Egypt with a nominal
GDP of
$291,538,000,000
list come together as a
country, they would
be the 4th largest
economy in Africa And ahead of Algeria with a
nominal GDP of
$175,100,000,000
