Top 10 Richest Men In Nigeria In 2022

In this article, I am going to be sharing with you, the top 10 richest men in Nigeria in 2022 and their net worth. These men are the public figures that control the Nigerian economy. They are people of class and caliber. They own multi-million dollar conglomerates and sit on the board of directors of various high-profile multinational companies both in Nigeria and abroad. A big thanks to Forbes and other prominent websites that publish updates about these eminent people, we have enough information about the top richest people in Nigeria 2022 and what they do.

You will be inspired you see who number 1 on this list is. We will profile their names, age, tribe and net worth. 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 over billions of naira annually. So not to waste much of your time, after a careful study and research I present to you the top 10 richest men in Nigeria in 2022 and their net worth.

10. Abdulsalam Rabiu

Abdulsalam Rabiu is the tenth richest man in Nigeria in 2022 with a net worth of $2 billion. Abdulsalam Rabiu is a Nigerian entrepreneur, investor and a business magnate. He is the chairman and Chief Executive Officer (CEO) of BUA Group. He was born 4th August 1960 in Kano State in the northern part of Nigeria. He is currently 61 years old. After completing his primary and secondary school education, Abdulsalam Rabiu attended Capital University in Columbus and returned to Nigeria at the age of 24 years old to oversee the family business. Abdulsalam Rabiu is the founder and chairman of BUA Group, a Nigerian conglomerate with interests in manufacturing, infrastructure and agriculture. He is also the chairman of Nigerian Bank of Industry (BOI). Abdulsalam Rabiu has a net worth of $2 billion making him the tenth richest man in Nigeria in 2022.

9. Tony Elumelu

Tony Elumelu is the ninth richest man in Nigeria in 2022 with a net worth of $2.5 billion. Tony Elumelu is a Nigerian entrepreneur, investor and a business magnate. He is the chairman and Chief Executive Officer (CEO) of United Bank of Africa (UBA). He was born on 22nd March 1963 in Jos, Plateau State in the northern part of Nigeria. He is currently 58 years old. He is the chairman of Heirs Holding, United Bank for Africa (UBA), Transcorp and the founder of Tony Elumelu Foundation. He was recognized as one of Africa’s 20 Most Powerful People in 2012 by Forbes Magazine. Tony Elumelu hails from Onicha-Ukwu in Aniocha North Local Government Area of Delta State in the south southern part of Nigeria. He has a Bachelor’s Degree from Ambrose Alli University Ekpoma and a Master’s Degree from the University of Lagos. Tony Elumelu has a net worth of $2.5 billion making him the nighth richest man in Nigeria in 2022.

8. Orji Uzor Kalu

Orji Uzor Kalu is the eighth richest man in Nigeria in 2022 with a net worth of $3.2 billion. Orji Uzor Kalu is a Nigerian entrepreneur, politician, investor and a business magnate. He is the chairman and Chief Executive Officer (CEO) of Slok Group. He was born on 21st April 1960 in Umuahia, Abia state. He is currently 61 years old. He is the chairman of SLOK Holding, Daily Sun Newspaper and New Telegraph Newspapers. He once served as the governor of Abia State from 29th May 1999 to 29th May 2007. Orji Uzor Kalu has served as the chairman of the Borno Water Board and the chairman of the Cooperative and Commerce Bank Limited. In 2007, he contested for Nigeria president but lost to Goodluck Jonathan. Orji Uzor Kalu has a net worth of $3.2 billion making him the eighth richest man in Nigeria in 2022.

7. Cletus Ibeto

Cletus Ibeto is the seventh richest man in Nigeria in 2022 with a net worth of $3.5 billion. From an unprecedented beginning as a motor parts dealer, Cletus Ibeto is now one of the richest men in Nigeria. Cletus Ibeto is a Nigerian businessman, investor, entrepreneur and a philanthropist from the industrial city of Nnewi in Anambra state. He is head of The Ibeto Group, the largest business enterprise from Nnewi, a city unique for its entrepreneurial spirit.  He was born on 6th November 1952 in Nnewi, Anambra state in the south eastern part of Nigeria. He is currently 69 years old. Cletus Ibeto sits as chairman as well as the founder of Ibeto Group, and the company is involved in real estate, banking and finance, cement production, automotive coupling, petrochemical, and many more. Cletus Ibeto has a net worth of $3.5 billion making him the seventh richest man in Nigeria in 2022.

6. Ahmed Tinubu

Ahmed Tinubu is the sixth richest man in Nigeria in 2022 with a net worth of $3.6 billion. Bola Ahmed Tinubu is a Nigerian accountant, entrepreneur, investor, business magnate and a politician who has been a national leader of the All Progressives Congress since the party’s formation in 2013. He previously served as the Governor of Lagos State from 1999 to 2007 and Senator for Lagos West during the Third Republic. He was the one that singlehandedly sponsored President Muhammadu Buhari campaign in 2015. He was born on 29th March 1952 in Lagos, Nigeria. He is currently 69 years old. He is the chairman of Oriental hotel, a five star hotel in Lagos. He is also the owner of Toll Gate in Lagos. He has businesses scattered in real estate, oil and gas and hospitality. Ahmed Tinubu has a net worth of $3.6 billion making him the sixth richest man in Nigeria in 2022.

5. Theophilus Danjuma

Theophilus Danjuma is the fifth richest man in Nigeria in 2022 with a net worth of $3.7 billion. Theophilus Danjuma is a Nigerian entrepreneur, politician, retired military general, investor and a business magnate. He is the chairman and Chief Executive Officer (CEO) of Atlantic Petroleum. He was born on 9th December 1938 in Takum, Taraba, Nigeria. He is currently 83 years old. He was Nigerian Chief of Army Staff from July 1975 to October 1979. He was also Nigerian Minister of Defence under President Olusegun Obasanjo administration and today he is the chairman of South Atlantic Petroleum, a leading oil and gas conglomerate. After completing his primary and secondary school education, Theophilus Danjuma attended Ahmadu Bello University in Zaria to study History on a Northern Nigeria Scholarship. Theophilus Danjuma  has a net worth of $3.7 billion making him the fourth richest man in Nigeria in 2022.

4. Arthur Eze

Arthur Eze is the fourth richest man in Nigeria in 2022 with a net worth of $5 billion. Arthur Eze is a Nigerian entrepreneur, investor, business magnate 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 the 27th November 1948 in Ukpo, Dunukofia Local Government Area of Anambra State. He is not only the owner of the largest privately-held oil exploration and production companies in Nigeria, but he is also a Prince born into a traditional Royal Family. Arthur Eze is also a Politician and a humanitarian. He is currently the richest Igbo man in Nigeria. The traditional title bestowed upon him is ‘Ozoigbondu 1 of Ndi Igbo. Arthur Eze has a net worth of $5 billion making him the fourth richest man in Nigeria in 2022.

3. Femi Otedola

Femi Otedola is the third richest man in Nigeria in 2022 with a net worth of $5.9 billion. Femi Otedola is a Nigerian entrepreneur, investor and a business magnate. He is the chairman and Chief Executive Officer (CEO) of Forte Oil PLC, an importer of fuel products. He is also the founder of Zenon Petroleum and Gas Ltd, and also the owner of many other businesses which include shipping, real estate and finance. He has recently invested in power generation as part of the liberalization of the sector in Nigeria. He was born on 4th November 1962 in Ibadan, Oyo State in the south western part of Nigeria. He is currently 59 years old. Femi Otedola is currently the proud 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. Femi Otedola has a net worth of $5.9 billion making him the third richest man in Nigeria in 2022.

2. Mike Adenuga

Mike Adenuga is the second richest man in Nigeria in 2022 with a net worth of $7.2 billion. Mike Adeniyi Adenuga is a Nigerian billionaire businessman. He is the chairman and CEO of GLO. His company Globacom is Nigeria’s second-largest telecom operator and also has a presence in Ghana and the Republic of Benin. Globacom also has a presence in Ivory Coast and other African countries. He owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly known as Consolidated Oil Company). He made his fortune in the oil business and telecommunication industry. Mike Adenuga was born on 29th April 1953 in Ibadan, Oyo state. He is currently 68 years old. Mike Adenuga has a net worth of $7.2 billion making him the second richest man in Nigeria in 2022.

1. Aliko Dangote

Aliko Dangote is the richest man in Nigeria in 2022 with a net worth of $14.1 billion. Dangote is the first on the list of Forbes richest men in Nigeria in 2022. He is a Nigerian business magnate. He is the chairman and CEO of Dangote Group, an industrial conglomerate. He is the wealthiest person in Nigeria, with an estimated net worth of US$14.1 billion. He was born on 10th April 1957 in Kano and currently 64 years old. 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 has a net worth of $14.1 billion making him the richest man in Nigeria in 2022.

Austine Ikeru
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