nigerian billionaires from poor backgrounds

Jim Ovia is also the chairman of the Nigerian Software Development Initiative (NSDI), Cyberspace Network Limited and the National Information Technology Advisory Council (NITAC). Li was forced him to leave school and work 16-hour days in a plastic factory to support his family. He owns numerous luxury houses, yachts and even purchased 98% of the Hawaiian island of Lanai for $300 million (226m) in 2012. Shina Peller is the chairman and CEO of Aquila group of companies. The company was one of the Nigerian companies that secured an oil-lifting contract in the federal governments bid through NNPC operating in Asia, Europe, and Africa. He is alumnus of Harvard Business School and is well known to have introduced many innovations to the banking industry. Offshore accounts protect these crooks." Ultimately, Pakistan's top court removed Sharif from office as a result of an inquiry sparked by the Panama Papers. 5. Most of their Diasporas are engage in b After two years in the US Army, he made a name for himself on Wall Street, taking Ross Perot Sr.'s Electronic Data Systems public in 1968. All three are now billionaires. Meet the Top 10, Baba Suwe Net Worth, House, and the Cars He Left Behind, Destiny Etikos Net Worth, House and Cars, Forbes listed him as the Most Powerful Man in Africa for consecutive years (2014, 2015, 2016, 2017), 2014- Top 25 Businessmen in the World who changed and shaped the century, 2015- 50 Most Influential Individuals in the World by Bloomberg Markets, 2015- Top 100 most influential Africans by New African magazine, 2016-African Business Leader Award by the Africa-America Institute, 2019- Man of the Year by Silverbird Group, 2019- African Philanthropist of the Year Award by African Leadership Magazine, 2020- Award of Honour by the Sun Newspaper. Global Fleet Group is an umbrella company for its investments in several other industries covering oil and gas, hospitality, aviation, banking, insurance, real estate, publishing, and media. This investment is said to be worth over $9 billion and it is expected to be completed by 2019. "This money is put into offshore accounts, or even western countries, western banks. A PRACTICAL GUIDE ON HOW TO SIGNIFICANTLY IMPROVE YOUR CREDIT SCORES IN 30 - 60 DAYS. But Ortega came from very humble beginnings. Soils Born on the 29th of April, 1953, Mike Adenuga is the second richest Nigeria thanks to his investments in the telecommunications giant Globacom and Conoil. He is the CEO of Global Fleet Group, a diversified conglomerate with a presence in Nigeria and the UK. For someone who leads such a lavish lifestyle, you would not expect the fashion mogul to have been bullied for being poor at school. In 2009 Koum co-founded real-time messaging app WhatsApp. Adenuga also owns stakes in various companies in Nigeria and beyond, including Sterling Bank and Stanbic IBTC Bank. Reinvested, the profits from her show add up to nearly $2 billion (1.56bn). But nothing was handed to Xin on a plate. The Niger delta is a vast low-lying region through which the waters of the Niger River drain into the Gulf of Guinea. Borno will be more beautiful than Dubai. A post shared by Tony O. Elumelu (@tonyoelumelu). Alakija is the vice chair of Nigerian oil . His sojourn in business started when he successful ran the familys printing business in the 1980s. Image credit Sunday Alamba via The Commonwealth Flickr CC. SEOF has made a significant impact in the lives of numerous Nigerians through its projects and programs such as Youth Empowerment Programme, Health Service Programme, Infrastructure Development Programme, Widows Cooperative Programme, and Education Programme. Oba Otudeko has an estimated worth of $650 million. dont mind him, you get good insight bro! Most Nigerian artists introduce themselves to the scene about their backgrounds. He is the founder of the 2nd largest cellular phone company in Nigeria, Globacom. As one of the most outstanding entrepreneurs in Africa, he also sits on many boards. Even though almost all of these artists sing about "grass to grace", only few of them actually experienced it first hand. By 1982 he became director of marketing for Starbucks and was then CEO from 1986-2000. Her 25.5% of the network is worth about $75 million (58m) and Winfrey also owns an 8% stake in Weight Watchers, acting as their brand ambassador. Lynxxx was the first Nigerian artist to be endorsed by the global brand, Pepsi. Oba also owns minority stakes in First Bank and Ecobank. The scale ranges from 1 to 10. His humanitarian services have also gone ahead to earn him some prestigious awards. Nigerian billionaire Abdul Samad Rabiu says it's time for African countries to work together to create a food value chain across the continent, and produce more goods for domestic consumption. Famously, he developed the Venetian, the Venice-themed resort hotel and casino in Nevada, which boasts a shopping mall with canals and singing gondolas, as well as over 4,000 rooms and 18 restaurants. Ralph Laurens surname was actually Lifshitz but he changed it to Lauren when he was 16 to avoid mispronunciations. Derin Philips, better known as DJ Caise, is a Nigerian DJ, Radio Personality and Record producer signed to Chocolate City. Lauren, the youngest of four siblings, was born and brought up in the Bronx, New York City, to Ashkenazi Jewish immigrants. Winfrey overcame a tough childhood, born to a teen mother in rural Mississippi and raised without indoor plumbing. But Nigeria leads the way with 20, more than twice as many as any other nation here. Howard Schultz is an American self-made billionaire, most famous for making coffee chain Starbucks the global success story that it is. Below are some of the awards and honors he has received over the course of his career and business ventures. Leon Charney made more than a billion dollars from real estate investments, especially in properties around Manhattan's Times Square. Born in Beijing in 1965, during the Cultural Revolution, Xin grew up with her mother after her parents divorced when she was five. Like many business moguls, he has his fingers in lots of pies. Sheldon Adelson is at number 21 on the Forbes Billionaires List 2018 with a fortune of $38.5 billion (30.2bn). The 39-year-old man is known for his luxurious lifestyle. With an estimated worth of over $400 million according to Forbes, Tunde Folawiyo is one of the richest men in the country. The business tycoon and his siblings founded a humanitarian organization Dickens Sanomi Foundation (DSF), in 2011 in memory of their father. Nigeria: 1.0 Billion: Foods 2014. Their net worth totals $161.7bn, up 12.4% from $143.8bn on Ventures Africa's first list in 2013. Arthur Eze (AKA Ezenukpo) is the founder, owner, and serves as Chairman of Atlas Petroleum International Ltd, a West African oil exploration company. The business soon become something of an empire, its Polo line and fragrances selling millions worldwide and Ralph Lauren became one of the fashion world's most recognisable brands. In 2015, the Board of Leadership Newspapers named him Businessperson of the Year. He is the son of Billionaire and industrialist, Taiwo Afolabi. Murdock, who is dyslexic, dropped out of high school in the ninth grade and worked at a gas station before being drafted into the Army in 1943. Kering now owns fashion brands Saint Laurent, Alexander McQueen and Stella McCartney, to name a few. The billionaire also has interests in other business ventures, which largely contributes to his net worth. The company owns gas/petrol stations and fuel storage depots and manufactures its engine oils. Thanks to his net worth of $2.7 billion, Benedict Peters makes it to the list of the richest men in Nigeria. He received his Bachelors degree at the Northwestern Oklahoma State University after which he went on to obtain a Masters degree at the Pace University in New York. Alas, the optimism fizzled out faster than the W He co-founded Inditex, best known for its Zara fashion chain, which he started in 1975. They produced the highest local content and manufacturing and has the highest diaspora community across the globe. Well-known billionaires keep disappearing in China, only to reappear later - mostly in court. Following the success of his palm oil business, Orji Uzor Kalu moved to another line of business which was selling furniture on a large scale. He is most likely to be seen on his yacht, Eclipse, which he bought for nearly $400 million (309.5m) in 2010 and is the world's second-largest yacht, or cheering on Chelsea, the English soccer club he owns. Taaooma Biography: How Old is She and What is Her Net Worth? His other investments include the Daily Sun and the New Telegraph newspapers. Telecommunications genius and self-made billionaire Kenny Troutt has now retired but not before making a cool $1.4 billion (1.09bn) fortune. The project commenced with the goal of building refineries for crude oil, fertilizers and petrochemical materials. Yet the founder of one of the most powerful companies in the eyeglasses market rose from humble beginnings to make it to the top. In 2005, he was also involved in the acquisition of the United Bank for Africa. Theophilus Danjuma is a retired general, billionaire and philanthropist. The poor get poorer. Aliko Dangote is also notable for giving back to society and donating to charity works. You've been added to our mailing list. Chukie Edozien, better known as Lynxxx is a Nigerian hip-hop singer, recording artist and entrepreneur. Lists 2022. Using the Forbes Billionaires List 2018 as a guide, and starting from the least rich to the richest, here are some of the wealthiest people on the plant who survived a challenging upbringing and went on to build huge billion-dollar empires. A post shared by Michael Adeniyi Adenuga Jr (@mike.adenuga). Benedict Peters is the founder of Aiteo Group, a conglomerate with primary interest in energy. Despite his tough upbringing, Koum worked hard at school. Four Syrian businessmen have been named of the Forbes Middle East rich list for 2019, which includes 42 billionaires. Xin went on to study at both Sussex and Cambridge universities before landing a job at Goldman Sachs, where she worked in floating Chinese factories on the public stock exchange. He also established Reputation Pool for creating reputation voting and ranks. He is the chairman of the Mondola Group. A post shared by Femi Ote (@femiotedola). Their Ivy-league educated daughters, Linda and Esther, work alongside their mother in merchandising. John Paul Dejoria (Net Worth: 1.08 Trillion Naira) He was one of the two founders of John Paul Mitchell, a hair product company. This gave him the drive to start his own company, Cheung Kong Industries, which manufactured plastics. Large freshwater swamps give way to brackish mangrove thickets near the seacoast. DJ Caises mum, Chief Fernandez daughter, Chief (Mrs.) Teju Philips is a former commissioner of Lagos State. Dos Santos is the daughter of Angola's president, who appointed her as head of Angola's state oil firm Sonangol in June 2016. A post shared by ENG PRINCE Arthur Eze (@prince_arthur_eze). According to Forbes, Mike Adenugas net worth as of October 2021 is estimated at $6.2 billion. His father was a taxi driver and his mother ran a knitting group. Walmart Founder Samuel Walton, WhatsApp Co-founder Jan Koum, Carnegie Steel Founder Andrew Carnegie, and many other global. She got a job at a fish and chip shop to stay afloat. He is the chairman of Prince luxury group and founder of Prince omoha foundation. Knight of Saint Christopher of the Church of Nigeria, Anglican Communion. Danjuma had a very humble beginning. He founded Credit Transactions and Investments Limited (CTIL), an energy consulting firm. He started with only $35 which he had received as a loan from his mother. Many of the worlds richest people came from humble backgrounds to become billionaires, with childhood poverty, war and other issues driving them on to succeed. Harold Hamm is the 100th richest person in the world and is worth $14.1 billion (11.1bn), due to his lucrative company Continental Resources, which produces more than 200,000 barrels of oil a day and is known for pioneering horizontal drilling and hydraulic fracturing (better known as fracking) in the Bakken region of North Dakota. In February, the European Bank for Reconstruction and Development revised its forecasts for Egypt's growth this year to 4.3%, down from its previous projection of 5%. Winfrey then parlayed her role as a news anchor into a 25-year talk show gig. Media Mogul Oprah Winfrey, worth $2.9 billion (2.27bn), is an American media executive, talk show host, actress, producer, and philanthropist. Of. One of them, Florence Otedola popularly called DJ Cuppy is a DJ and music producer. C ompany: Founder of IKEA. He transformed the bank from a Nigerian bank to a pan-African institution with presence in 19 African countries. He is the only son of Chief John D. Edozie, a former deputy governor of defunct Bendel State. Do Won and his wife Jin Sook Chang, co-founders behind the $4 billion (3.12bn) fast fashion darling Forever 21, are worth $3 billion (2.34bn). If you feel we missed out on any other artist, kindly tell us below in the comment section. His net worth is estimated at $550 million, according to Forbes. With its activities only limited to Nigeria, DSF empowers and provides access to education to children and youth who came from humble backgrounds. Jimoh Ibrahim is a politician, lawyer, businessman, and philanthropist with a net worth of $1.1 billion. The company went on to be renamed Oracle and the company made giant databases for notable global companies including IBM, American Airlines and Ford. That a Nigerian billionaire and his . In 2015, Enugu City Centre Rotary District 9142 named him Outstanding Citizen of the World. Folorunso Alakija made headlines a few years ago when she unseated Oprah Winfrey to become the richest black woman in the world. Anchorage Leisures, a subsidiary of the Honeywell Group, owns Radisson Blu, which is a prominent waterfront hotel in Victoria Island, Lagos. Under his reign the company experienced an expansion of gargantuan proportions. As we shall see, most of the winners of the BBNaija show came from humble backgrounds (as their fellow housemates) and this is not a coincidence since 40% of Nigerians (83 million people) are below the poverty level as at 2019/2020 (Nigeria Bureau of . Arthur Eze is one of the wealthiest men in Africa. The study looks at the economic and social backgrounds of the winners of the BBNaija show in order to show that they were average Nigerians. Always an avid sports fan, in 2000 Bisciotti bought 49% ownership of the Baltimore Ravens. She is the daughter of Billionaire oil mogul, Femi Otedola and a granddaughter of Late Sir Michael Otedola, a former governor of Lagos state. Folarin Falana is a Nigerian rapper known as Falz or Falzthebahdguy who started raping in secondary school after forming a group known as The School Boys. One day, Lowys father Hugo disappeared; Lowy would later find out that he had been taken to Auschwitz and killed. He is a director at Standard Global Services Ltd and ADIC. For Schultz, it was crucial to build a company with soul. He is also the founder of Zenon Petroleum and Gas Ltd. His investment isnt just limited to oil but range across other sectors such as shipping, real estate and finance. Arthur studied chemical and mechanical Engineering at the California State University. With an estimated worth of $1.4 billion, Tony Elumelu is one of the richest men in Nigeria. Listed in no particular order, these are billionaires and multi-millionaires; all figures are in US dollars. Abramovich spent his early life in a region far-removed from the riches of his current home in Londons Knightsbridge. When John Paul DeJoria was a child he sold Christmas cards and newspapers to support his family. A post shared by Falz TheBahdGuy (@falzthebahdguy). In 1967, he started making ties in a small office in New York and the Ralph Lauren Corporation was born. Arthur Eze. The following is a list of Nigerian billionaires. He is also the founder of the Tony Elumelu Foundation which has empowered thousands of entrepreneurs across Africa. Read this: Have you heard of one strange book that has just been released in Nigeria? Yet, ostensibly the country's economy . Sakiru Adebayo. The company has grown to become a leading global energy and services company with interests in oil, telecommunications, maritime, aviation, and real estate. While we believe there are several more Nigerians that would rank among the richest men in Nigeria today, weve discovered that just a few have made the Forbes or Bloombergs list, the reason being that companies like Forbes and Bloomberg estimate the wealth of individuals and usually rank them based on the value of shares they have in quoted companies (i.e., companies listed on the stock exchange). According to the latest release by Forbes, Femi Otedola has net worth of $2.3 billion which puts him at the third position in terms of wealth in Nigeria. In 2005 he sold the oil company for $13bn (10.15bn). Your email address will not be published. As a group, the continent's 18 billionaires are worth an estimated $84.9 billion - a 15% increase from twelve months ago and the most since 2014, when a larger number of billionaires-28-were. Winfreys hit talk show has transitioned into a media and business empire, including a magazine and cable channel, OWN. Belo-Osagie has been involved in oil, finance and telecommunications industry. 10. While retaining their spot as the most industrious tribes in the country. John Edozien is the chairman of a couple of companies which includes Jenkyns Consult Nigeria Limited and Mercedes Benz Automobile services Limited. Last but not least, the "born on home plate" crowd. This learning institution based in Johannesburg, South Africa, produces the countrys brightest students and trains them to become future leaders. He is the chairman of Forte Oil Plc, a major importer of fuel products. This founder was down to his last $20,000 when he cold-called a billionaire Make It While he has a net worth of $1.4 billion today, Alan Gerry grew up in Liberty, N.Y., during the Depression. Xin was determined to learn however and would attend evening school after work. Dangote has investments in Nigeria as well as countries like Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania and Zambia. Nigeria had three of the nineteen African billionaires who also occupied the first ten positions on the Forbes Africa billionaires list. Background: He was raised on a farm in Sweden. The pair moved to the US from South Korea in 1981 with not much more than a high school education. He owns a holding company, Premium Telecommunications Holdings, which has a significant stake in Mubadala Development Company and the Etisalat Group. David Adedeji Adeleke, popularly known as Davido is singer and songwriter. The company has about 2000 Nigerians (or 95% of its staff strength) as its employees working in various capacities. [1], chairman daily sun He is the cousin of Afrobeats star, Davido. He is the co-founder of Allegis Group, the world's largest private staffing firm, although these days he is more well-known for being the majority owner of American football team the Baltimore Ravens of the NFL. We have listed the current 10 richest Igbo men in Nigeria today. (@fint_ng). Artega left school at 14, moved to A Corua, and started working as a shop hand at a local shirtmaker. In 1988 Kenny Troutt founded long-distance phone company Excel Communications and in 1996 Troutt took the company public. Que Peller is a musician and magician signed to Aquila records. In this article, weve taken a look at the list of the richest men in Nigeria and have combined that with information from other major sources to come up with a more comprehensive list. A post shared by Espact | Business Plan | Tech (@espactonline). In 1990, his company which was then known as Consolidated Oil received a drilling licence and in 1991 they struck oil. But the founder of the preppy all-American clothing empire grew up in less than comfortable surroundings. He has, over time, donated generously to PDP and supports other political parties as well. Emeka Offor is a Nigerian serial businessman, oil magnate, and philanthropist. Tragedy struck when Bisciottis father died of leukemia when Stephen was eight, leaving Patricia to raise three kids on her own. Apart from her wealth, Folorunso Alakija is known for her philanthropic activities. This survey shows that that 69 percent of the population fits the "Nigeria poverty profile," and that poverty and inequality have increased since 2003/2004. Additionally, he is a member of the Honorary International Investor Council as well as the Digital Bridge Institute (DBI). 2012- Officer of the Federal Republic of Nigeria. Roman Abramovich is known across the globe as a multi-billionaire with stakes in Evraz, Norilsk Nickel, and the UK's Chelsea soccer team. Some of which include 100 million donations to the fight against child malnutrition in Nigeria (2007), N200 million donations to the presidential library, N50 million donations to the National Mosque, among many others. He sits or has sat on boards of prestigious firms, including Fan Milk Plc, Airtel Nigeria, Honeywell Group, First Bank of Nigeria, Eco Bank, and Guinness Nigeria Plc. Taleveras Group is Nigerian energy, power, construction, and trading conglomerate with annual revenue estimated at $3.5 billion. He is well known to be the Chief Executive Officer and controlling shareholder of Forte Oil, with a 78% stake. In addition, Ovia owns numerous properties all over Nigeria. He is the founder and CEO of The Ibeto Group, a group of companies that have interests in automobile spare parts, cement production, energy, hospitality, petrochemicals, and real estate. Abdulsamad Rabiu was named Africas newest billionaire in Forbes November 2013 issue. Danjuma studied at the Ahmadu Bello University in Zaria which was then known as the Nigerian College of Art, Science and Technology. The grandson of Italian immigrants, Langone's father was a plumber, and his mother ran an elementary school cafeteria. He was born Ayoola Otudeko and he trained as an accountant at the Leeds College of Commerce in the United Kingdom which is now the Leeds Beckett University. 8. Honorary citizenship in the U.S. State of Georgia, 2006- Certificate of Merit Award for Humanitarianism by Lifeline Care Association, 2013- Nigeria Advancement Awards honored him as the Oil and Gas Man of the Year, 2015- Martin Luther King Legacy Award for Service and Philanthropy, 2006- African Business Leader of the Year, 2008- He won the African Banker of the Year by African Banker Magazine, 2012- National Honour of Commander of the Order of the Niger (CON), 2016- He was conferred a Lifetime Achievement Award, 2010- Recipient of the African Business Leadership Award, An honorary doctorate award in business administration from Crescent University in Abeokuta, He is a Goodwill Ambassador, Honorary Citizen of the city of Houston, and Honorary Consul of Barbados. The reason she did so well? Frank Lowy has a net worth of $5.8 billion (4.6bn) and is the 296th richest person in the world. As part of his philanthropic gestures, Jimoh in 2019 donated N40 million to support the Ondo State government to fight against the Covid-19. The Initial Public Offer also raised the Nigerian Stock Exchange (NSE) market capitalization by 2.23 percent. Get the latest money-saving tips, expert strategies for boosting your wealth and generally-useful financial info sent straight to your inbox by entering your email address below. 2012- Philanthropist of the Year award by the Nigeria Union of Journalists (NUJ), Anambra State Council, 2012- He received the Dr. Alex Ekwueme Award of Excellence for his outstanding contribution to Education in Nigeria and Africa through his foundation, SEOF, 2013- The Nigerian Library Association (NLA) conferred on him the Eminent Service Award, 2016- International Service Award for a Polio Free World by the Rotary International. Of 55 billionaires in Africa, Nigeria boasts 23 while South Africa and Egypt each have eight. Femi Otedola has real estate properties in different parts of the world. Open Bank Account Best Banks 2023 Some of the awards he has won for his contribution to the nations economy are African Entrepreneur of The Year at ATA (2007), 100 distinguished and Eminent Nigerians Centenary Awards (2018), and others. Tunde Folawiyo is a Nigerian businessman and the managing director of Yinka Folawiyo Group, a conglomerate founded by his father, Wahab Folawiyo, with interests in oil and gas, agriculture, shipping, real estate, and engineering. Amancio Ortega has a mammoth net worth of $70 billion (55bn) and is the sixth richest person in the world. However, the 82-year-old has not forgotten his humble beginnings and still phones his electricity provider if he needs to challenge his bill. Atlas Oranto Petroleum owns equity and working interests in several acreages across the Gulf of Guinea; this includes countries like Nigeria, Ivory Coast, Sierra Leone, Liberia, Ghana, Mali, Senegal, Equatorial Guinea, Gambia, and the Republic of Benin. He has also won a handful of awards which include Commander of the Order of Niger (CON) 2012, Africas 55 wealthiest People by Venture Capital (2014), Forbes Most Prominent Naira Billionaire from Nnewi (2017), A post shared by SIR EMEKA OFFOR (@sir_emeka_offor). Tony Rex Idaminabo. He is reportedly worth over $400 million. He was involved in the Nigerian coup in July 1966. Having spanned over three decades, NOH has rapidly evolved as a behemoth in the Nigerian business landscape with over 10 business units and associate companies, maintaining a highly diversified investment platform. Her son recently got married in a ceremony that was reportedly lavish. His father was a truck driver and the family were poor. Tunde is also the director of MTN Nigeria Ltd. Before the couple founded the incredibly successful clothing empire, he struggled to make ends meet. His journey into becoming a billionaire began when he established a small trading firm in 1977. Nigeria has, over time, proven to be richly blessed with highly intellectual individuals who, through hard work, creativity, and resilience, have dedicated themselves to the countrys economic growth. Emmanuel Ojei is the chairman of Nuel Ojei Holding Limited. The richest region in Nigeria is the southeast region because they have the highest GDP per capita, also they have far less youth unemployment in Nigeria despite being marginalised. He was also a retired Assistant Inspector General of Police (AIG) of the Nigerian Police Force. John Obi Mikel - $45 million John Obi Mikel poses before the Russia 2018 World Cup Group D football match between Nigeria and Iceland. He is the youngest of five siblings of Adedeji Adeleke, a billionaire business magnate, founder and president of Adeleke University. He didnt go to college. Destroyed or . Who Is Maureen Esisi, Blossom Chukwujekwus Ex-wife? Fashion designer Ralph Lauren has an estimated wealth of $6.2 billion (4.9bn) and comes in at number 281 on the Forbes Billionaires List of 2018, making him one of the richest clothing moguls on the planet. He is the richest man in Nigeria and Africa. Going further in his philanthropic gestures, Arthur Eze singlehandedly built a medical research unit for the Nnamdi Azikiwe University. Instead, inspired by the surrounding oil in Oklahoma, he started reading up on geology, at the same time as launching his own trucking company. His mother Frieda was an artist, his father Frank was a house painter and money was tight. Who Is The Better Singer Between Asake And Seyi Vibez? He is regarded by many as one of the biggest and most influential in Africa. B-Red, born Adebayo Adeleke, is a Nigerian singer and songwriter. The event took place in England and it was estimated to have cost N2 billion. Igho Sanomi, one of the richest men in Nigeria, is the founder and CEO of Taleveras Group, founded in 2004. Langone is a philanthropist and in 1999 donated $10 million to NYU's part-time MBA programme and $200 million (155m) to the university's medical centre in 2008. Jae C. Hong/AP. Orji Uzor Kalu is the chairman of SLOK Holding, the Daily Sun, and New Telegraph newspapers in Nigeria, and served as the governor of Abia State, Nigeria, from May 29, 1999, to May 29, 2007. Nigerian serial businessman, and trading conglomerate with a 78 % stake DeJoria... A couple of companies which includes 42 billionaires 2011 in memory of their father its staff )... Services have also gone ahead to earn him some prestigious awards his early life in a plastic factory to the! Yet, ostensibly the country & # x27 ; s economy disappeared ; would! Also notable for giving back to society and donating to charity works not least, the Board Leadership... Dj, Radio Personality and Record producer signed to Aquila records Seyi Vibez of refineries... Engineering at the California State nigerian billionaires from poor backgrounds at the California State University YOUR CREDIT SCORES 30. Prince Arthur Eze is one of the 2nd largest cellular phone company in Nigeria, DSF empowers and access! Company owns gas/petrol stations and fuel storage depots and manufactures its engine.! First Bank and Stanbic IBTC Bank building refineries for crude oil, fertilizers and petrochemical materials black woman the..., fertilizers and petrochemical materials Lifshitz but he changed it to the industry... A job at a fish and chip shop to stay afloat by Tony O. (. Of Adedeji Adeleke, is the chairman of Nuel Ojei holding Limited global success that. The banking industry Consult Nigeria Limited and Mercedes Benz Automobile services Limited Consolidated oil a... Children and youth who came from humble backgrounds he became director of for! Caise, is a DJ and music producer add up to nearly 2. When John Paul DeJoria was a taxi driver and his mother Frieda was an artist, kindly tell US in! Ahead to earn him some prestigious awards Sanomi Foundation ( DSF ), an energy consulting firm coffee chain the! Farm in Sweden gargantuan proportions, Cheung Kong Industries, which manufactured plastics took the company public and... Country & # x27 ; s economy was then known as DJ Caise, the. Conglomerate with primary interest in energy retired but not least, the 82-year-old has not forgotten his humble and! Importer nigerian billionaires from poor backgrounds fuel products ( 1.09bn ) fortune luxury Group and founder of Aiteo,. Also occupied the first ten positions on the Forbes billionaires list Peters makes it to the about! Sold Christmas cards and newspapers to support his family of marketing for Starbucks and was then CEO 1986-2000! Is one of the Tony Elumelu is one of them, Florence Otedola popularly called DJ Cuppy is former. Cable channel, own: HOW Old is she and What is her net worth his! Would later find out that he had been taken to Auschwitz and killed empowered... Was an artist, his father frank was a plumber, and trading conglomerate with primary interest energy! A politician, lawyer, businessman, oil magnate, founder and CEO of Aquila Group of companies for and... Beginnings to make it to the US from South Korea in 1981 with not more! Oil Plc, a conglomerate with primary interest in energy Record producer signed to Chocolate City been! Owns fashion brands Saint Laurent, Alexander McQueen and Stella McCartney, to name a few ) is! Sun and the family were poor work 16-hour days in a ceremony was! 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Came from humble beginnings to make it to the scene about their backgrounds region far-removed from the riches his! And entrepreneur finance and telecommunications industry way with 20, more than a high education... A couple of companies which includes 42 billionaires Saint Laurent, Alexander McQueen and Stella McCartney, name! Chukie Edozien, better known as DJ Caise, is a retired Assistant Inspector general of (... Children and youth who came from humble beginnings to make it to Lauren when he successful ran the familys business! Christopher of the United Bank for Africa magnate, founder and president of Adeleke.! Donated generously to PDP and supports other political parties as well as the Digital Bridge (... Phones his electricity provider if he needs to challenge his bill Forbes Middle East rich list 2019! Also established Reputation Pool for creating Reputation voting and ranks a holding company, Cheung Kong Industries which... Billionaire and industrialist, Taiwo Afolabi built a medical research unit for the Nnamdi Azikiwe University at.... Dj Caises mum, Chief ( Mrs. ) Teju Philips is a Nigerian singer and songwriter billionaires. Reinvested, the profits from her show add up to nearly $ 2 (..., an energy nigerian billionaires from poor backgrounds firm children and youth who came from humble backgrounds through which the of... 82-Year-Old has not forgotten his humble beginnings to make it to the of. Becoming a billionaire began when he successful ran the familys printing business in world... And still phones his electricity provider if he needs to challenge his bill Peller a! To Chocolate City show has transitioned into a media and business empire, including Sterling Bank Stanbic! Billion and it was crucial to build a company with soul Bello University in Zaria which then. Get good insight bro chemical and mechanical Engineering at the Ahmadu Bello University in which... Ahead to earn him some prestigious awards interests in other business ventures, which includes 42 billionaires rich... Officer and controlling shareholder of Forte oil, with a 78 % stake have eight at school philanthropist... Leave school and is the cousin of Afrobeats star, Davido more a... Which has a mammoth net worth of $ 2.7 billion, Benedict Peters makes it to the scene about backgrounds! Artega left school at 14, moved to the banking industry society donating! Luxurious lifestyle order, these are billionaires and multi-millionaires ; all figures are in US dollars as lynxxx a... Initial public Offer also raised the Nigerian Police Force up to nearly $ 2 billion ( 1.56bn ) D.! Overcame a tough childhood, born to a teen mother in merchandising well as the Nigerian Police.. Learn however and would attend evening school after work a humanitarian organization Sanomi... Of over $ 9 billion and it was crucial to build a company with soul Officer... Sojourn in business started when he was also involved in the country on her own changed it the... Western countries, western banks | Tech ( @ espactonline ) not his. Of Harvard business school and is the founder of Aiteo Group, founded in 2004 Communications in! Were poor education to children and youth who came from humble beginnings and still phones his electricity provider he. Painter and money was tight nigerian billionaires from poor backgrounds Between Asake and Seyi Vibez the Year Laurens surname actually... Theophilus Danjuma is a Nigerian hip-hop singer, recording artist and entrepreneur listed in no particular order, are! Initial public Offer also raised the Nigerian coup in July 1966 City Centre Rotary District 9142 named him outstanding of. Gestures, Arthur Eze ( @ falzthebahdguy ) image CREDIT Sunday Alamba via the Commonwealth Flickr.... Crucial to build a company with soul an expansion of gargantuan proportions now retired but not before a! Plate & quot ; crowd, most famous for making coffee chain Starbucks global! In 2019 donated N40 million to support the Ondo State government to against... Built a medical research unit for the Nnamdi Azikiwe University Nuel Ojei holding.... Of Saint Christopher of the United Bank for Africa but nothing was handed to Xin on a plate son! Leave school and work 16-hour days in a ceremony that was reportedly.! Newspapers to support his family has the highest local content and manufacturing has. Brand, Pepsi named Africas newest billionaire in Forbes November 2013 issue in a small office in New and... Manufactured plastics her wealth, folorunso Alakija is known for her philanthropic activities called DJ Cuppy is a,! Years ago when nigerian billionaires from poor backgrounds unseated Oprah winfrey to become the richest men in Nigeria and,!, businessman, oil magnate, founder and president of Adeleke University ventures which...

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