Presenting Nigeria’s Richest Men by Forbes

Renowned business and financial magazine, Forbes is not done releasing lists. A few weeks ago, the magazine released a list of Africa’s highest earners entertainers and now they’re out with a list of  Nigeria’s
richest men. The usual suspects Aliko Dangote, Femi Otedola and Mike Adenuga also make it to the list of the world’s richest people.

The list was arrived at based on the value of their shares held in quoted companies, the size and market share of their companies, the number of companies they own and its assumed value, the market value of their company’s brand and the impact of their companies on the Nigerian economy.

In the recent past, Forbes has faced some criticism over the accuracy of their lists and it would be recalled that earlier in the year, Saudi billionaire prince Alwaleed bin Talal sued Forbes for libel after he claimed the magazine’s valuation of his wealth at $20 billion fell short of the mark by $9.6 billion. Also several Nigerian artistes expressed their disagreement with the list of richest African artistes when it was released a few weeks ago.

The accuracy of this list remains to be seen in the coming weeks ahead, in the meantime  check out Forbes current list of the Nigeria’s richest men:

Here’s the Forbes list of Nigeria’s richest men:

1. Alhaji Aliko Dangote – founder of Dangote Group, Richest man in Africa and Richest black man in the world

2. Mike Adenuga – Conoil, Equatorial Trust Bank, Globacom

3. Femi Otedola – ZENON Oil and Gas

4. Orji Uzor Kalu – Slok Group

5. Cosmos Maduka – Coscharis Group

6. Jimoh Ibrahim – Nicon Insurance, Global Flee

7. Jim Ovia – Zenith Bank, Visafone

8. Pascal Dozie – MTN Nigeria, Diamond Bank

9. Oba Otudeko – Honeywell Group Nigeria

10. Alhaji Sayyu Dantata – MRS Group

11. Umaru Abdul Mutallab – former Chairman First Bank Plc, Mutallab Group

12. Prince Samuel Adedoyin – Doyin Group

13. Dele Fajemirokun – Chaiman Aiico Insurance, Xerox Nigeria, Chicken Republic, Kings Guards etc.

14. Chief Cletus Ibeto – Ibeto Group

15. Raymond Dokpesi – Daar Communication, AIT,

16. Tony Ezenna – Orange Group

17. Chief Molade Okoya Thomas – Chairman CFAO Nig and other six french companies

18. Ifeanyi Ubah – Capital oil and gas

19. Leo Stan Ekeh – Zinox Computer

20. Fola Adeola – GTBank

21. Chief Ade Ojo – Elizade Motors Nig LTD, Distributor of Toyota cars