Top 10 Most Richest Men In Nigeria In 2024

In this article, I am going to be sharing with you, the top 10 most richest men in Nigeria in 2024 and their net worth. These men control the Nigerian economy. They are people of class and caliber. They own multi-billion dollar conglomerates and sit on the board of directors of various high-profile multinational companies both in Nigeria and abroad. These men have contributed immensely to the economy growth and development of Nigeria.

They started from nowhere and today they have companies scattered all over the world with millions of staffs and generating billions of naira monthly. So not to waste much of your time, after a careful study and research I present to you the top 10 most richest men in Nigeria in 2024 and their net worth.

10. Tony Elumelu

Making the number 10 on our list of the top 10 richest men in Nigeria in 2024 is Tony Elumelu with an estimated net worth of $3 billion. He is a Nigerian entrepreneur, investor and a business executive. He is the chairman of Heirs Holding, United Bank for Africa (UBA), Transcorp and the founder of Tony Elumelu Foundation. He was born on 22nd March 1963 in Jos, Plateau State. He was recognized as one of Africa’s 20 Most Powerful People in 2012 by Forbes Magazine. He hails from Onicha-Ukwu in Aniocha North Local Government Area of Delta State. He attended Ambrose Ali University Ekpoma and the University of Lagos.

9. Cletus Ibeto

Making the number 9 on our list of the top 10 richest men in Nigeria in 2024 is Cletus Ibeto with an estimated net worth of $3.5 billion. He is a Nigerian businessman, investor, entrepreneur and a philanthropist from the industrial city of Nnewi in Anambra state. He is the chairman of Ibeto Group, the largest business enterprise from Nnewi, a city unique for its entrepreneurial spirit. The company is involved in real estate, banking and finance, cement production, automotive coupling, petrochemical, and many more.  He was born on 6th November 1952 in Nnewi, Anambra state.

8. Theophilus Danjuma

Making the number 8 on our list of the top 10 richest men in Nigeria in 2024 is Theophilus Danjuma with an estimated net worth of $4 billion. He is a Nigerian entrepreneur, politician, retired military general, investor and a business executive. He is the CEO of Atlantic Petroleum. He was born on 9th December 1938 in Takum, Taraba state. He was Nigerian Chief of Army Staff from July 1975 to October 1979. He was also Nigerian Minister of Defence under President Obasanjo administration. He studied History at Ahmadu Bello University Zaria.

7. Femi Otedola

Making the number 7 on our list of the top 10 richest men in Nigeria in 2024 is Femi Otedola with an estimated net worth of $4.5 billion. He is a Nigerian entrepreneur, investor and a business tycoon. He is the chairman and CEO of Forte Oil PLC and also the founder of Zenon Petroleum and Gas Ltd. He was born on 4th November 1962 in Ibadan, Oyo State. He is the father of Nigerian famous female DJ and musician, DJ Cuppy. He is the son to late Sir Michael Otedola, the former Governor of Lagos State from 1992 to 1993 during the military regime.

6. Orji Uzor Kalu 

Making the number 6 on our list of the top 10 richest men in Nigeria in 2024 is Orji Uzor Kalu with an estimated net worth of $5 billion. He is a Nigerian entrepreneur, politician, investor and a business tycoon. He is the chairman and CEO of Slok Group, Daily Sun Newspaper and New Telegraph Newspapers. He was born on 21st April 1960 in Umuahia, Abia state. He once served as the governor of Abia State from 29th May 1999 to 29th May 2007. He also served as the chairman of the Cooperative and Commerce Bank Limited. In 2007, he contested for Nigeria president but lost to Goodluck Jonathan.

5. Ahmed Tinubu

Making the number 5 on our list of the top 10 richest men in Nigeria in 2024 is Ahmed Tinubu with an estimated net worth of $7 billion. He is a Nigerian politician, accountant, entrepreneur, investor and a business execute. He is the current president of Nigeria. He was the former governor of Lagos state. He has been a national leader of the All Progressives Congress (APC) since the party’s formation in 2013. He was the one that singlehandedly sponsored Muhammadu Buhari presidential campaign in 2015. He was born on 29th March 1952 in Lagos, Nigeria. He owns the most expensive hotel in Nigeria (Oriental hotel Lagos). He is also the owner of Toll Gate in Lagos. He has businesses scattered in real estate, media, hospitality, oil and gas. He is also a drug baron.

4. Abdulsalam Rabiu

Making the number 4 on our list of the top 10 richest men in Nigeria in 2024 is Abdulsalam Rabiu with an estimated net worth of $8 billion. He is a Nigerian entrepreneur, investor and a business tycoon. He is the chairman and CEO of BUA Group, a Nigerian conglomerate with interests in manufacturing, infrastructure and agriculture. He is also the chairman of Nigerian Bank of Industry. He was born 4th August 1960 in Kano. He attended Capital University in Columbus and returned to Nigeria at the age of 24 to oversee the family business.

3. Mike Adenuga

Making the number 3 on our list of the top 10 richest men in Nigeria in 2024 is Mike Adenuga with an estimated net worth of $9 billion. He is a Nigerian business tycoon and investor. He is the chairman and CEO of GLO. Mike Adenuga was born on 29th April 1953 in Ibadan, Oyo state. His company Globacom is Nigeria’s second-largest telecom operator and also has a presence in Ghana, Ivory Coast, Republic of Benin and other African countries. He owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly known as Consolidated Oil Company).

2. Arthur Eze

Making the number 2 on our list of the top 10 richest men in Nigeria in 2024 is Arthur Eze with an estimated net worth of $10.5 billion. He is a Nigerian entrepreneur, investor, business tycoon and a philanthropist. He is the owner, chairman and chief executive officer of Atlas Oranto Petroleum. He is from a royal family in Anambra State, Nigeria. He was born on 27th November 1948 in Ukpo, Dunukofia Local Government Area of Anambra State. Aside from been a billionaire, he is also a Prince born into a traditional Royal Family. He is currently the richest Igbo man in Nigeria and has a traditional title bestowed upon him as ‘Ozoigbondu 1 of Ndi Igbo.

1. Aliko Dangote

Making the number 1 on our list of the top 10 richest men in Nigeria in 2024 is Aliko Dangote with an estimated net worth of $20 billion. He is a Nigerian business tycoon and investor. He is the chairman and CEO of Dangote Group. He is the richest man in Nigeria, with an estimated net worth of $20 billion. He was born on 10th April 1957 in Kano. He attended Al-Azhar University in Egypt where he graduated with a Bachelor of Arts and Science. His primary source of wealth is Cement, Sugar, Dangote Pasta, Flour, Salt, and many more. Aliko Dangote is currently the richest man in Nigeria in 2024.

Austine Ikeru
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