By Tino MazorodzePresident, Developer
Top 20 Richest People in Nigeria (2025 Updated List)
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Nigeria's strong economy is driven by many inspirational business tycoons. After digging into the nation's millionaires and billionaires I have come up with this list of the top 20 richest people in Nigeria.
Top 20 Richest Nigerians (Billionaires & Millionaires)
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| Rank & Name | Networth | Main Sources | Age |
|---|---|---|---|
| #1 Aliko Dangote | US$10.9 Billion | Dangote Industries | 67 |
| #2 Mike Adenuga | US$6.9 Billion | Telecom, Oil | 71 |
| #3 Abdul Samad Rabiu | US$4.6 Billion | BUA Group | 64 |
| #4 Femi Otedola | US$1.7 Billion | Zenon Petroleum | 62 |
| #5 Folorunsho Alakija | US$1.5 Billion | Famfa Oil Limited | 73 |
| #6 Igho Sanomi | US$1.3 Billion | Taleveras | 49 |
| #7 Jim Ovia | US$1 Billion | Zenith Bank | 73 |
| #8 A.B.C. Orjiako | US$1 Billion | Multiple Businesses | 64 |
| #9 Emeka Offor | US$920 million | Chrome Group | 66 |
| #10 Pascal G. Dozie | US$800 million | Diamond Bank | 85 |
| #11 Theophilus Danjuma | US$750 million | Oil Business | 86 |
| #12 Tony Elumelu | US$700 million | Heirs Holdings | 61 |
| #13 Atiku Abubakar | US$700 million | Investments | 78 |
| #14 Cletus Ibeto | US$690 million | Ibeto Group | 72 |
| #15 Mohammed Indimi | US$500 million | Oriental Energy Resources | 77 |
| #16 Umaru Mutallab | US$500 million | Banking Investments | 85 |
| #17 Tony Ezenna | US$400 million | Orange Drugs Nigeria Limited | 67 |
| #18 Jimoh Ibrahim | US$350 million | Investments | 57 |
| #19 Orji Uzor Kalu | US$330 million | Multiple Businesses | 64 |
| #20 Auwalu Abdullahi Rano | US$300 million | AA Rano Nigeria Limited | 51 |