List of Nigerian billionaires by net worth

The following is a list of Nigerian billionaires. It is based on an annual assessment of wealth and assets compiled and published by Forbes magazine.

Source: Wikipedia

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List of Nigerian billionaires by net worth

The following is a list of Nigerian billionaires. It is based on an annual assessment of wealth and assets compiled and published by Forbes magazine.

Lists

2024

<table><thead><tr><th>Name</th><th>Citizenship</th><th>Net worth (USD)</th><th>Sources of wealth</th></tr></thead><tbody><tr><td>Aliko Dangote</td><td> Nigeria</td><td>27.3 billion</td><td>Diversified, Oil & Gas</td></tr><tr><td>Abdul Samad Rabiu</td><td> Nigeria</td><td>7.6 billion</td><td>Diversified, cement</td></tr><tr><td>Mike Adenuga</td><td> Nigeria</td><td>7.3 billion</td><td>Cement, food processing, real estate</td></tr><tr><td>Femi Otedola</td><td> Nigeria</td><td>4.7 billion</td><td>Telecom, oil, finance and investments</td></tr></tbody></table>

2022

<table><thead><tr><th>Name</th><th>Citizenship</th><th>Net worth (USD)</th><th>Sources of wealth</th></tr></thead><tbody><tr><td>Aliko Dangote</td><td> Nigeria</td><td>13.9 billion</td><td>Cement, sugar</td></tr><tr><td>Abdul Samad Rabiu</td><td> Nigeria</td><td>6.7 billion</td><td>Oil, self made</td></tr><tr><td>Mike Adenuga</td><td> Nigeria</td><td>5.7 billion</td><td>Telecom, oil, self made</td></tr></tbody></table>

2021

<table><thead><tr><th>Name</th><th>Citizenship</th><th>Net worth (USD)</th><th>Sources of wealth</th></tr></thead><tbody><tr><td>Abdul Samad Rabiu</td><td> Nigeria</td><td>7 billion</td><td>Cement production, sugar refining and real estate</td></tr><tr><td>Mike Adenuga</td><td> Nigeria</td><td>6.7 billion</td><td>Telecommunication</td></tr></tbody></table>

2020

<table><thead><tr><th>Name</th><th>Citizenship</th><th>Net worth (USD)</th><th>Sources of wealth</th></tr></thead><tbody><tr><td>Aliko Dangote</td><td> Nigeria</td><td>8.3 billion</td><td>Sugar, flour, cement, household consumables</td></tr><tr><td>Mike Adenuga</td><td> Nigeria</td><td>5.7 billion</td><td>Telecommunication, petroleum</td></tr><tr><td>Abdul Samad Rabiu</td><td> Nigeria</td><td>3.1 billion</td><td>Cement, sugar</td></tr></tbody></table>

2019

<table><thead><tr><th>World ranking</th><th>Name</th><th>Citizenship</th><th>Net worth (USD)</th><th>Sources of wealth</th></tr></thead><tbody><tr><td>100</td><td>Aliko Dangote</td><td> Nigeria</td><td>10.3 billion</td><td>Sugar, flour, cement</td></tr><tr><td>365</td><td>Mike Adenuga</td><td> Nigeria</td><td>9.2 billion</td><td>Telecommunication, petroleum</td></tr><tr><td>156</td><td>Abdul Samad Rabiu</td><td> Nigeria</td><td>1.6 billion</td><td>Cement, sugar</td></tr></tbody></table>

2018

<table><thead><tr><th>World ranking</th><th>Name</th><th>Citizenship</th><th>Net worth (USD)</th><th>Sources of wealth</th></tr></thead><tbody><tr><td>100</td><td>Aliko Dangote</td><td> Nigeria</td><td>14.1 billion</td><td>Cement, sugar, salt</td></tr><tr><td>365</td><td>Mike Adenuga</td><td> Nigeria</td><td>5.3 billion</td><td>Telecommunication, petroleum</td></tr></tbody></table>

2017

<table><thead><tr><th>World ranking</th><th>Name</th><th>Citizenship</th><th>Net worth (USD)</th><th>Sources of wealth</th></tr></thead><tbody><tr><td>100</td><td>Aliko Dangote</td><td> Nigeria</td><td>12.2 billion</td><td>Cement, sugar, salt</td></tr><tr><td>250</td><td>Mike Adenuga</td><td> Nigeria</td><td>6.1 billion</td><td>Telecommunication, petroleum</td></tr><tr><td>1290</td><td>Folorunsho Alakija</td><td> Nigeria</td><td>1.61 billion</td><td>Fashion industry, oil</td></tr></tbody></table>

2016

<table><thead><tr><th>World ranking</th><th>Name</th><th>Citizenship</th><th>Net worth (USD)</th><th>Sources of wealth</th></tr></thead><tbody><tr><td>51</td><td>Aliko Dangote</td><td> Nigeria</td><td>9.5 billion</td><td>Oil, sugar cement</td></tr><tr><td>103</td><td>Mike Adenuga</td><td> Nigeria</td><td>5.2 billion</td><td>Telecommunication, petroleum</td></tr><tr><td>1011</td><td>Femi Otedola</td><td> Nigeria</td><td>1.85 billion</td><td>Petroleum</td></tr><tr><td>1121</td><td>Folorunsho Alakija</td><td> Nigeria</td><td>1.55 billion</td><td>Fashion industry, oil</td></tr><tr><td>1577</td><td>Abdul Samad Rabiu</td><td> Nigeria</td><td>1.1 billion</td><td>Foods</td></tr></tbody></table>

2015

<table><thead><tr><th>World ranking</th><th>Name</th><th>Citizenship</th><th>Net worth (USD)</th><th>Sources of wealth</th></tr></thead><tbody><tr><td>67</td><td>Aliko Dangote</td><td> Nigeria</td><td>17.7 billion</td><td>Sugar, flour, cement</td></tr><tr><td>393</td><td>Mike Adenuga</td><td> Nigeria</td><td>4.2 billion</td><td>Telecommunication, petroleum</td></tr><tr><td>949</td><td>Folorunsho Alakija</td><td> Nigeria</td><td>2.0 billion</td><td>Fashion industry, oil</td></tr><tr><td>1741</td><td>Femi Otedola</td><td> Nigeria</td><td>1.0 billion</td><td>Petroleum</td></tr><tr><td>1741</td><td>Abdul Samad Rabiu</td><td> Nigeria</td><td>1.0 billion</td><td>Foods</td></tr></tbody></table>

2014

<table><thead><tr><th>Name</th><th>Citizenship</th><th>Net worth (USD)</th><th>Sources of wealth</th></tr></thead><tbody><tr><td>Aliko Dangote</td><td> Nigeria</td><td>25 billion</td><td>Sugar, flour, cement</td></tr><tr><td>Mike Adenuga</td><td> Nigeria</td><td>4.6 billion</td><td>Telecommunication, petroleum</td></tr><tr><td>Folorunsho Alakija</td><td> Nigeria</td><td>2.5 billion</td><td>Fashion industry, oil</td></tr><tr><td>Abdul Samad Rabiu</td><td> Nigeria</td><td>2.5 billion</td><td>Foods</td></tr></tbody></table>