List of Nigerian billionaires by net worth explained

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.^[1]

Lists

2024^[2]

Name	Citizenship	Net worth (USD)	Sources of wealth
Aliko Dangote		15.3 Billion	Diversified, Cement
		7.6 Billion	Diversified, Cement
		7.3 Billion	Cement, Food Processing, Real Estate
		4.7 Billion	Telecom, Oil, Finance & Investments

2022^[3]

Name	Citizenship	Net worth (USD)	Sources of wealth
		13.9 billion^[4]	cement, sugar
		6.7 Billion^[5]	oil, Self Made
		5.7 Billion^[6]	Telecom, oil, Self Made

2021^[7]

Name	Citizenship	Net worth (USD)	Sources of wealth
		7 billion	cement production, sugar refining and real estate
		6.7 Billion	Telecommunication

2020^[8]

Name	Citizenship	Net worth (USD)	Sources of wealth
		8.3 Billion	Sugar, flour, cement, household consumables
		5.7 Billion	Telecommunication, petroleum
		4.9 Billion	Owner Diamond Bank, Chairman Pan-Atlantic University
		3.1 Billion^[9]	Cement, Sugar
		2.8 Billion	Chairman, Slok HoldingChairman, Daily Sun Chairman, First International Bank Limited Chairman, New Telegraph

2019^[10]

World ranking	Name	Citizenship	Net worth (USD)	Sources of wealth
100	Aliko Dangote			10.3 Billion	Sugar, flour, cement
365			9.2 Billion	Telecommunication, petroleum
156	Abdul Samad Rabiu		1.6 Billion	Cement, Sugar
1425			1.3 Billion	Chairman Slok holding, Chairman daily sun, Chairman First International Bank Limited, Chairman New Telegraph

2018^[11]

World ranking	Name	Citizenship	Net worth (USD)	Sources of wealth
100				14.1 Billion	Cement, Sugar, Salt.
365			5.3 Billion	Telecommunication, petroleum

2017^[12]

World ranking	Name	Citizenship	Net worth (USD)	Sources of wealth
100				12.2 Billion	Cement, Sugar, Salt.
250			6.1 Billion	Telecommunication, petroleum
1290			1.61 Billion	Fashion industry, oil

2016^[13]

World ranking	Name	Citizenship	Net worth (USD)	Sources of wealth
51			9.5 Billion	oil, sugar & cement
103			5.2 Billion	Telecommunication, petroleum
1011			1.85 Billion	Petroleum
1121			1.55 Billion	Fashion industry, oil
1577			1.1 Billion	Foods

2015^[14]

World ranking	Name	Citizenship	Net worth (USD)	Sources of wealth
67			17.7 Billion	Sugar, flour, cement
393			4.2 Billion	Telecommunication, petroleum
949			2.0 Billion	Fashion industry, oil
1741			1.0 Billion	Petroleum
1741			1.0 Billion	Foods

2014^[15]

Name	Citizenship	Net worth (USD)	Sources of wealth
		25 Billion	Sugar, flour, cement
		4.6 Billion	Telecommunication, petroleum
		2.5 Billion	Fashion industry, oil
		2.5 Billion	Foods

See also

• Forbes list of billionaires
• List of countries by the number of billionaires

Notes and References

1. Web site: The List: 2015 ranking (1-432210). Forbes. 2 August 2015.
2. Web site: Africa's Billionaires . Forbes . 4 April 2024 . en.
3. Web site: Africa's Billionaires . Forbes . 26 January 2021 . en . https://web.archive.org/web/20200126102358/https://www.forbes.com/africa-billionaires/list/ . 26 January 2020.
4. Web site: Abdulsamad Rabiu . Forbes . 16 December 2022 . 16 December 2022.
5. Web site: Mike Adenuga . Forbes . 16 December 2022 . 16 December 2022.
6. Web site: Mike Adenuga . Forbes . 16 December 2022 . 16 December 2022.
7. Web site: Africa's Billionaires . Forbes . 26 January 2021 . en . https://web.archive.org/web/20200126102358/https://www.forbes.com/africa-billionaires/list/ . 26 January 2020.
8. Web site: Africa's Billionaires . Forbes . 26 January 2020 . en . https://web.archive.org/web/20200126102358/https://www.forbes.com/africa-billionaires/list/ . 26 January 2020.
9. Web site: Abdulsamad Rabiu Real Time Networth . Forbes Africa .
10. Web site: Africa's Billionaires . Forbes . 2 March 2019 . en . https://web.archive.org/web/20190214163314/https://www.forbes.com/africa-billionaires/list/ . 14 February 2019.
11. Web site: Nsehe . Mfonobong . The Black Billionaires 2018 . Forbes . 2 March 2019 . en.
12. Web site: The African Billionaires 2017 . Forbes. 25 January 2018.
13. Web site: The black billionaires 2016 . Forbes. 17 December 2016.
14. Web site: The List: 2015 ranking (1-10). Forbes. 2 August 2015.
15. Web site: The African Billionaires 2014. Forbes. 29 December 2016.