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. ^[1]

Lists

2024

2024 ^[2]

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

2022

2022 ^[3]

Name	Citizenship	Net worth (USD)	Sources of wealth
Aliko Dangote	Nigeria	13.9 billion [4]	Cement, sugar
Abdul Samad Rabiu	Nigeria	6.7 billion [5]	Oil, self made
Mike Adenuga	Nigeria	5.7 billion [6]	Telecom, oil, self made

2021

2021 ^[7]

Name	Citizenship	Net worth (USD)	Sources of wealth
Abdul Samad Rabiu	Nigeria	7 billion	Cement production, sugar refining and real estate
Mike Adenuga	Nigeria	6.7 billion	Telecommunication

2020

2020 ^[8]

Name	Citizenship	Net worth (USD)	Sources of wealth
Aliko Dangote	Nigeria	8.3 billion	Sugar, flour, cement, household consumables
Mike Adenuga	Nigeria	5.7 billion	Telecommunication, petroleum
Abdul Samad Rabiu	Nigeria	3.1 billion [9]	Cement, sugar

2019

2019 ^[10]

World ranking	Name	Citizenship	Net worth (USD)	Sources of wealth
100	Aliko Dangote	Nigeria	10.3 billion	Sugar, flour, cement
365	Mike Adenuga	Nigeria	9.2 billion	Telecommunication, petroleum
156	Abdul Samad Rabiu	Nigeria	1.6 billion	Cement, sugar

2018

2018 ^[11]

World ranking	Name	Citizenship	Net worth (USD)	Sources of wealth
100	Aliko Dangote	Nigeria	14.1 billion	Cement, sugar, salt
365	Mike Adenuga	Nigeria	5.3 billion	Telecommunication, petroleum

2017

2017 ^[12]

World ranking	Name	Citizenship	Net worth (USD)	Sources of wealth
100	Aliko Dangote	Nigeria	12.2 billion	Cement, sugar, salt
250	Mike Adenuga	Nigeria	6.1 billion	Telecommunication, petroleum
1290	Folorunsho Alakija	Nigeria	1.61 billion	Fashion industry, oil

2016

2016 ^[13]

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

2015

2015 ^[14]

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

2014

2014 ^[15]

Name	Citizenship	Net worth (USD)	Sources of wealth
Aliko Dangote	Nigeria	25 billion	Sugar, flour, cement
Mike Adenuga	Nigeria	4.6 billion	Telecommunication, petroleum
Folorunsho Alakija	Nigeria	2.5 billion	Fashion industry, oil
Abdul Samad Rabiu	Nigeria	2.5 billion	Foods

See also

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

References

1. "The List: 2015 ranking (1-432210)". Forbes . Retrieved 2 August 2015.
2. "Africa's Billionaires". Forbes. Retrieved 4 April 2024.
3. "Africa's Billionaires". Forbes. Archived from the original on 26 January 2020. Retrieved 26 January 2021.
4. "Abdulsamad Rabiu". Forbes. 16 December 2022. Retrieved 16 December 2022.
5. "Mike Adenuga". Forbes. 16 December 2022. Retrieved 16 December 2022.
6. "Mike Adenuga". Forbes. 16 December 2022. Retrieved 16 December 2022.
7. "Africa's Billionaires". Forbes. Archived from the original on 26 January 2020. Retrieved 26 January 2021.
8. "Africa's Billionaires". Forbes. Archived from the original on 26 January 2020. Retrieved 26 January 2020.
9. "Abdulsamad Rabiu Real Time Networth". Forbes Africa.
10. "Africa's Billionaires". Forbes. Archived from the original on 14 February 2019. Retrieved 2 March 2019.
11. Nsehe, Mfonobong. "The Black Billionaires 2018". Forbes. Retrieved 2 March 2019.
12. "The African Billionaires 2017". Forbes . Retrieved 25 January 2018.
13. "The black billionaires 2016". Forbes . Retrieved 17 December 2016.
14. "The List: 2015 ranking (1-10)". Forbes . Retrieved 2 August 2015.
15. "The African Billionaires 2014". Forbes . Retrieved 29 December 2016.