GLO has even gone far as establishing its presence in other African countries like Benin, Ghana and Cote D’ Ivoire. How a social enterprise based in Nigeria developed a virtual learning center to bring education to Africa's slums. Aliko Dangote. 15. In 2018, there was a record of 23 African billionaires on the list. This group controls a chain of companies and has operational bases in various African countries. Forbes Digital Starup Accelerator Nigerian Edition has begun. His investments ranges from marine, financial services, real estate and even in the oil and gas sector. Forte Oil PLC and Zenon Petroleum and Gas Ltd are among his companies. June 27, 2019 luvguru Leave a Comment on Top 10 Richest Musicians In Nigeria 2019 And Net Worth (According To Forbes). Dele Fajemirokun: Chaiman Aiico Insurance, Xerox Nigeria, Chicken Republic, Kings Guards, etc. Bishop T. D Jakes – Net Worth $147 Million Aliko Dangote, $10.9 billion. She is currently one of the richest women in Nigeria and Africa. Nigerian, Sugar, Cement, Flour. Since he began his company in the year 1977, he has remained at the top and has become a very important figure in the economy of Nigeria. While investing in Africa is on the rise, Francophone markets have been left behind. Latest update. On June 15, 2020, the U.K. All-Party Parliamentary Group for International Freedom of Religion or Belief (APPG), a cross-party group of parliamentarians representing both houses of the U.K. Parliament, released a report about the mass atrocities perpetrated in Nigeria by the Fulani militia. Forte Oil PLC and Zenon Petroleum and Gas Ltd are among his companies. The company has its location in Port Harcourt. The Forbes Nigeria Summit will feature 10+ iconic speakers/mentors, 100 global partners, and 50,000+ digital entrepreneurs and influencers from across Nigeria and its diaspora. PODCAST: Why Cristiano Ronaldo Is The World's Highest-Earning Athlete; 2017 Grateful Grads Index: Top 200 Best-Loved Colleges; Full List: The World's Highest-Paid Actors And Actresses 2017 Meet the class of 2019, a stellar collection of entrepreneurs and innovators rewriting rules and taking bold new risks […] Aliko Dangote and his successful cement company and other firms (flour, sugar) are on the top of our selection, because Aliko is the world’s richest black … 2020 Money. Some of these means include endorsement deals, album/music sales and streaming, music shows and […] Olamide is the tenth on our list of top wealthy Nigerian musicians this 2020 according to Forbes. Femi Otedola is a business tycoon and also among the richest men in Nigeria with a net worth of $1.2 billion according to Forbes, 2019. One entrepreneur in Guinea explains how she has done just that. Following the 2008-09 global financial crises, the banking sector was effectively recapitalized and regulation enhanced. © 2020 Forbes Media LLC. GDP growth turned positive in 2017 as oil prices recovered and output stabilized. Mike Adenuga’s oil company, Con-oil which was licensed in 1990 is also the first indigenous company to extract oil in commercial quantities in the country. 4. Forbes ranked Ovia whose net worth is $1 billionaire as one of the richest men in the country. Femi Otedola. Nigerian musicians are arguably some of the richest to ever grace the African Continent and in this article, we will be focusing on the richest hip-hop artists in Nigeria for the year 2019. Some investors are predicting that this year they might start closing the gap. This group is also one of the largest conglomerates in Africa with a worth of $2.5 billion. Tony Elumelu is an entrepreneur, an economist and a philanthropist whose estimated net worth according to Forbes is $1.4 billion. Forbes Top 10 Nigerian Billionaires & Net Worth (2020), Davido’s Father: Net Worth of Dr Deji Adeleke (Picture), Sandra Ikeji Biography: Things You Did Not Know About Her, Aliko Dangote's Biography & Net Worth 2020 (Forbes), Forbes Top 10 Nigerian Billionaires & Net Worth this 2020, 1. Networth (Forbes) – $13 Million; Current Age(2019) – 38 Years(15 August 1980) Record Label – Dem Mama(DM) Records; Nigerian legendary music star – Enitimi Alfred Odom who is popularly/professionally referred to as Timaya is one of the richest musicians in Nigeria 2019 and the 8th musician on our list today. All Rights Reserved. Femi Otedola is a business tycoon and also among the richest men in Nigeria with a net worth of $1.2 billion according to Forbes, 2019. Sources: Heritage Foundation; World Economic Forum; Transparency International; Freedom House; World Bank; Central Intelligence Agency; Property Rights Alliance. Innovation. Aliko Dangote. All Rights Reserved. Networth (Forbes) – $20 Million. This is the latest ranking of the Top 20 Richest Nigerian Musicians for 2019, see the Forbes list and their net worth. Is Genocide Happening In Nigeria As The World Turns A Blind Eye? Mike Adenuga. When Police Brutality And Digital Rights Collide – Lessons From Nigeria, Attempted ‘Hijacking’ Of Oil Tanker In English Channel, In A New Series Of Drawings, Arinze Stanley Asks What It Means To Be A Black Man In 2020. Some people become richer or poorer within days of publication. He is a Nigerian business magnate, investor, and owner of the Dangote Group, which has interests in commodities in Nigeria and other African countries. Four years after the last case of wild polio in Nigeria, the World Health Organization announced today that its African Region is officially free of wild poliovirus. 5. Vote for your favorite founder to participate in the closing "demo day". Top 10 Richest Musicians In Nigeria 2019 And Net Worth (According To Forbes) September 26, 2019. Tony Elumelu has also managed to transform Standard Trust Bank and United Bank for Africa (UBA), making these financial institution into a pan-African financial institution with presence in over 18 different African countries. He is famed among the youths in the country especially through his foundation which has helped a lot of start-ups and funded so many small scale businesses. Not in doubts is there opulence in considering how Kings are been cared for with absolute honor and respect. This shows a significant growth up from 11 a year ago. Just like the rest, Fifi is into oil and gas, building construction, and real estate. The #EndSARS movement against police brutality in Nigeria has rocked the country online and offline and the government is responding in both arenas as well. Rabiu is also the current chairman of Nigerian Bank of Industry, having an estimated financial worth of $1.5 billion as ranked by Forbes. First on the list is the Briggs. Burna boy has many endorsement deals, notably with STAR beer. Despite its strong fundamentals, oil-rich Nigeria has been hobbled by inadequate power supply, lack of infrastructure, delays in the passage of legislative reforms, an inefficient property registration system, restrictive trade policies, an inconsistent regulatory environment, a slow and ineffective judicial system, unreliable dispute resolution mechanisms, insecurity, and pervasive corruption. UNICEF is supporting COVID-19 health education handwashing campaigns in Africa’s most populous country. He was a senator and also a former governor of Abia state. Aliko Dangote is currently the richest man in Nigeria and number 136 on the world richest/billionaires by Forbes Lately, Dangote’s net worth was $10.4 billion. 5 Richest Igbo Men in Nigeria (2020) Top 20 Richest Men in Nigeria (2020, Forbes) Richest Doctor in Nigeria in 2020 & Net Worth (Forbes) Top 10 Richest Musicians in Nigeria 2020 & Net Worth (Forbes) 10 Richest Actors in Nigeria & Their Net Worth; 10 Richest LGAs in Nigeria; Top 10 Richest Pastors in Nigeria & Their Net Worth Some of her companies include Famfa Oil Limited, Rose of Sharon, etc. It’s no wonder why Burna Boy is in Forbes list of richest artists in Nigeria. Orji Uzor Kalu owns SLOK Group of companies which is one of the largest conglomerates in Nigeria and he is the founder and publisher of the Daily Sun and the New Telegraph newspapers. The Black Billionaires 2019. She is among the most influential African women with properties is said to be worth a whopping $100 million in real estate. 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President BUHARI ran on an anti-corruption platform, and has made some headway in alleviating corruption, such as implementation of a Treasury Single Account that allows the government to better manage its resources and a more transparent government payroll and personnel system that eliminated duplicate and “ghost workers.” The government also is working to develop stronger public-private partnerships for roads, agriculture, and power. Those big names that made the list were ranked based on property, value of shares they have in quoted companies and other assets. Current Age (2019) – 28 years (16 July 1990) Record Label – Star Boy Music. Danjuma is the CEO of South Atlantic Petroleum (SAPETRO) and during his time in the military, he was involved in various coups in the country. Olamide. Raymond Dokpesi: Daar Communication, AIT, 17. Orji Uzor Kalu is one of the richest Igbo business men in the world with his investments ranging from the media, oil and gas, marine sector and even the furniture industry. 54gene, the African genomics research, services, and development company, has launched a fund to tackle the current challenges around testing for COVID-19 in Nigeria. For the eighth year in a row, Aliko Dangote of Nigeria is Africa’s richest person. Nigeria entered recession in 2016 as a result of lower oil prices and production, exacerbated by militant attacks on oil and gas infrastructure in the Niger Delta region, coupled with detrimental economic policies, including foreign exchange restrictions. 13. Abdusalam Rabiu is a wealthy business man and also one of the richest men in the country. Chief Ade Ojo: Distributor of Toyota cars, Elizade Motors Nig LTD. Save my name, email, and website in this browser for the next time I comment. Below are people who were included in the big list of Nigerian billionaires this 2019. Then you are reading just the right article, as we will outline the top 10 richest musicians in Nigeria and their estimated net worth in Naira. Of the 2,153 people who made it to the 2019 FORBES list of the World’s Billionaires, 13 of them are black, up from 11 a year ago. Top Five Richest Kings in Nigeria 2019 (Forbes List)! Mohammed Ibrahim, $1.1 billion. Ibom Air is planning to add another domestic route in the coming weeks as management re-boot efforts to transform Nigeria’s under-exploited civil aviation market. 13 blacks have been listed among the 2,153 people on Forbes 2019 list of the World’s Billionaires. As of March 2019, he had an estimated net worth of US$10.6 billion . Recently, i compiled a list of the world’s richest billionaire school drop outs and today, I will be compiling a list of Nigerian billionaires and top richest people in Nigeria but please this list will be restricted to entrepreneurs only. Forbes and MTN launch Forbes8, a digital video network, in Nigeria. Of course, few popular rich men in Nigeria such as Aliko Dangote, Mike Adenuga and Femi Otedola were no surprise as their names and investments spoke for them. Top Ten Richest Families in Nigeria 2020 1. Currently, Oba Otudeko is the owner of the Honeywell Group and chairman of FBN Holding Plc. Nigerian Infopedia is Nigeria's authoritative top quality information website that provides resourceful information about her culture, people and things associated with Nigerians. It is a no Argue nor an understatement if we say more than 85 percent of Nigeria Kings are stupendously rich as they ride luxury cars, live Mansions, have businesses they managed and even receive good salaries from Nigeria … See the richest musician in Nigeria. According to Forbes, Pastor Chris’ Net Worth is $50 Million. These are the 13 richest black people on earth: Aside this feat, he owns the largest conglomerate in Africa known as “The Dangote Group”. Theophilus Danjuma. He is the Chairman of the BUA Group which he founded in 1988. Top 20 Richest Men in Nigeria (2020, Forbes) 1. British, Mobile Telecoms, Investments. With these, she had made her wealth. Umaru Abdul Mutallab: Former Chairman First Bank Plc, Mutallab Group. 3. He is also the wealthiest Yoruba man in the country. Mike Adenuga. Folorunsho Alakija. Queens Park Rangers star Eberechi Eze has raised the possibility of playing for Nigeria in the future, despite representing England at youth level. Aside this, he has other investments in real … Use Forbes logos and quotes in your marketing. ... Below is the ranking starting from number 10, of Nigerian music stars net worth according to Forbes. Hong Kong's Richest. List of top 10 richest musicians in Nigeria in 2019 (Forbes) and their net worths based on show charges, endorsement deals, assets, and record sales. Before he sold Visafone Communications Limited to MTN, it was he who grew the company. Forbes Top 10 Richest Nigerian Musician 2020 & Net Worth #10. Economic diversification and strong growth have not translated into a significant decline in poverty levels; over 62% of Nigeria's over 180 million. In 2019, he won Best International Act at the 2019 BET Awards. He is the founder of Believers LoveWorld popularly known as Christ Embassy, one of the biggest Pentecostal churches in Nigeria. Achiuwa, a native of Nigeria who played his high school ball at St. Benedict’s Prep (N.J.) and Montverde (FL) Academy, averaged 15.8 points and 10.8 rebounds at Memphis. Although she began as a fashion designer, she diversified and invested in the oil and gas sector, printing press, real estate industry and so on. Orji Uzor is among the wealthiest Nigerian men who are billionaires and is also active in politics. Aside this, he has other investments in real estate, shipping, banking and finance etc. The story of how Dangote became successful can be found online as he was born with a silver spoon and also in a rich family. Dangote Group founder Aliko Dangote has topped the 2018 list. Aliko Dangote tops the list as the richest man in Nigeria, Africa and also richest black man on earth with an estimated net worth of $8.6 billion. Briggs Family. The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 18, 2020. Aliko Dangote is the richest man in not just Nigeria, but in Africa as a whole, he is the founder and... 2. His company, Globacom (GLO) is the first indigenous telecommunications company in Nigeria, rivaling the likes of other foreign telecoms establishments in the country such as MTN and Airtel. Forbes Lists 10 Richest Musicians In Nigeria 2019 & Net-Worth Scroll down to content Nigerian musicians are arguably some of the richest to ever grace the African Continent and in this article, we will be focusing on the richest hip-hop artists in Nigeria for the year 2019. Fifi attended Pratt Institutes in the United States and graduated as an architect. Nigerian, Oil, Telecoms. Jim Ovia is an economist and an entrepreneur who owns one of the top commercial banks in the country, Zenith Bank. Mike Adenuga is the second Forbes richest Nigerian billionaire just after Dangote with a net worth estimated at $4.2 billion. 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Since then, Nigeria’s economic growth has been driven by growth in agriculture, telecommunications, and services. This year marks the fifth milestone annual FORBES AFRICA 30 under 30 list, and we have introduced a new category of game-changers. Together, they are 120 in total across four sectors: business, technology, creatives and sport. Forbes recently released the list of Nigerian Billionaires who are wealthy business men. 2. They are DJ Cuppy and Elizabeth Temi, a renowned blogger. Money & Politics . Chief Molade Okoya Thomas: Chairman CFAO Nig and other six french companies, 21. Fifi was the third richest woman in Nigeria in 2019. Networth (Forbes) – $30 Million Current Age(2020) – 36 years (26 November 1982) Record Label – Supreme Mavin Dynasty; Michel Collins Ajereh who is popularly known as Don Jazzy is a Nigerian music producer, singer, songwriter, and entrepreneur who is based in Nigeria.. 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