Entrepreneur, the single most powerful word in modern history, and for good reason. Nigeria as a country is rich in different resources including human, and there are many businessmen among these people who devoted themselves to the world of business. Start-ups are being created left right and center, more people are getting into farming and merchandising. In essence successful entrepreneurs are taking charge of the market. Some met with failure while others met with great levels of success.
In this post, we introduce you to the 6 most successful entrepreneurs in Nigeria, these set of individuals set the bar for entrepreneurship in the country, not only are they engaged in successful business, but also provide a good and perspective job for a lot of Nigerians.
These people are well versed in history of entrepreneurship and their influence on entrepreneurship in Nigeria is quite enormous. Here is the list of top 6 richest entrepreneurs in Nigeria.
6. Jim Ovia
Number 6 on the list is the founder of Zenith Bank. One of Nigeria’s most successful and wealthiest entrepreneur. Mr. Jim James Ovia born in Agbor, Delta state founded Zenith Bank in 1990, one of the largest commercial banks in Nigeria. Ovia is also the founder of Visafone Communications Limited and chairman of Cyberspace Network Limited. He has an estimated networth of $980million.
5. Tony Elumelu
Fifth on the list is Nigerian economist, entrepreneur, and philanthropist, Mr. Tony Elumelu. Chairman of Heirs Holdings, the United Bank for Africa and Transcorp, Tony is also the founder of the Tony Elumelu foundation. But before all of this, Elumelu was simply a salesman, how he went from a copier salesman to a business mogul is a testament of hard work, resilience, a long-term vision. This dauntless man is reportedly worth about $1billion.
4. Folorunso Alakija
Fourth on the list is one of the richest African women, and one of the richest black women in the world, in fact she temporarily unseated Oprah Winfrey as the richest woman of African descent in the world in 2014. The billionaire business woman with no university degree is the vice chair of Famfa Oil, a Nigerian oil exploration company with a stake in Agbami Oilfield, a prolific offshore asset. This woman of virtue is worth a staggering $1.1billion.
3. Femi Otedola
Third on the list is Nigerian businessman, and chairman of Forte Oil Plc. Otedola is father to four children, one of which is a popular Nigerian Dj, Florence Ifeoluwa Otedola aka Dj Cuppy. Otedola is also the founder of Zenon Petroleum and Gas Ltd, and the owner of a number of other businesses across shipping, real estate and finance. He once took a ride in a public transport popularly called ‘molue’ without a single passenger on board recognizing him. The energy tycoon has a networth of $1.5 billion.
2. Mike Adenuga
Second on the list is Nigeria billionaire business man and Nigeria’s second richest man. Mike built his fortune in telecom and oil production. His mobile phone network, Globacom, is the third largest operator in Nigeria, with 43 million subscribers. Adenuga once had to work as a taxi driver and security guard to support his education while studying at the university, graduating from Northwestern Alva Oklahoma State university and pace university New York, with a degree in business administration. Entrepreneurs can learn so many things from Dr Mike Adenuga, and few of them are Endurance, resilience and ability to endure unpleasant situations. This audacious man has a networth of $9.3billion.
1. Aliko Dangote
First on the list is a no stranger and a household name in nigeria. Mr. Aliko Dangote is a Nigerian business magnate, investor, and owner of the Dangote Group, one of the largest private-sector employers in Nigeria as well as the most valuable conglomerate in West Africa. Aliko Dangote’s journey to fortune is not really a rags to riches story. He came from a wealthy family and at the age of 21, he borrowed N500,000 from his uncle to import and sell agricultural commodities in Nigeria. This venture turned how to be a huge success and was able to pay his uncle back in 3 months of starting operation. For the eighth time in a row, Dangote has been named as the richest man in Africa in 2019, with an estimated net worth of $10.6 billion.