Top Five Richest Kings in Nigeria 2019 (Forbes List)! 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. Since then, Nigeria’s economic growth has been driven by growth in agriculture, telecommunications, and services. Mike Adenuga. See the richest musician in Nigeria. Below are people who were included in the big list of Nigerian billionaires this 2019. According to Forbes, Pastor Chris’ Net Worth is $50 Million. Nigerian, Oil, Telecoms. Aliko Dangote. Top 20 Richest Men in Nigeria (2020, Forbes) 1. Orji Uzor is among the wealthiest Nigerian men who are billionaires and is also active in politics. His estimated net worth according to Wikipedia is $1.1 billion. 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 Just like the rest, Fifi is into oil and gas, building construction, and real estate. They are DJ Cuppy and Elizabeth Temi, a renowned blogger. Sources: Heritage Foundation; World Economic Forum; Transparency International; Freedom House; World Bank; Central Intelligence Agency; Property Rights Alliance. 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. All Rights Reserved. 13. Money & Politics . Raymond Dokpesi: Daar Communication, AIT, 17. The Black Billionaires 2019 - Forbes - Business (8) - Nairaland. 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. 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. 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. 2020 Money. Forte Oil PLC and Zenon Petroleum and Gas Ltd are among his companies. This group is also one of the largest conglomerates in Africa with a worth of $2.5 billion. Before he sold Visafone Communications Limited to MTN, it was he who grew the company. Aliko Dangote, $10.9 billion. The same goes for the billionaire Otedola who has always made it to the list of the top 10 richest persons in the country, with the sale of his company Forte Oil in June 2019, Femi Otedola’s net worth has dropped from $1.2 billion to $330 million, as seen on his updated Wikipedia profile. Folorunsho Alakija is the richest woman in Nigeria and has been rated by Forbes to be among the richest black women in the world with a net worth estimated at $1.53 billion. ... Below is the ranking starting from number 10, of Nigerian music stars net worth according to Forbes. Tony Elumelu is an entrepreneur, an economist and a philanthropist whose estimated net worth according to Forbes is $1.4 billion. The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 18, 2020. Use Forbes logos and quotes in your marketing. Briggs Family. Jim Ovia is an economist and an entrepreneur who owns one of the top commercial banks in the country, Zenith Bank. Vote for your favorite founder to participate in the closing "demo day". 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Africa’s richest man and Cement tycoon Aliko Dangote is still the richest black person in the world with a fortune estimated at $10.9 billion. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation with Forbes Insights, Former Memphis Star Precious Achiuwa Says It Would Be A ‘Blessing’ To Play For The Knicks, Nigeria Issues Crypto Regulatory Guidelines: Here’s Why It Matters, Meet Slum2School Africa: Social Enterprise Using Technology To Bring Education To Africa’s Slums, Ibom Air Targets Post-Crisis Boom In Nigeria’s Aviation Market, Watch The First Forbes Nigeria Summit Live Here (Virtual 2020 Edition). His investments ranges from marine, financial services, real estate and even in the oil and gas sector. Nigeria has issues guidelines for the regulation of bitcoin and other crypto assets. Due to the purchase of the “Heat Recovery Steam Generator” for his new oil company, which cost him some Billions, his net worth is now $9.2 billion . 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. Top 10 Richest Musicians In Nigeria 2019 And Net Worth (According To Forbes) September 26, 2019. He was a senator and also a former governor of Abia state. Aliko Dangote is the richest man in not just Nigeria, but in Africa as a whole, he is the founder and... 2. Mike Adenuga is the second Forbes richest Nigerian billionaire just after Dangote with a net worth estimated at $4.2 billion. 0. Mike Adenuga, Nigeria’s second richest man, and Africa’s second richest man built his fortune in... 3. 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. Born and raised in Nigeria, his compositions speaks volumes as the world grapples with continuing racial injustice. June 27, 2019 luvguru Leave a Comment on Top 10 Richest Musicians In Nigeria 2019 And Net Worth (According To Forbes). Hong Kong's Richest. Olamide is the tenth on our list of top wealthy Nigerian musicians this 2020 according to Forbes. He has properties scattered all over the country and other foreign nations. Dele Fajemirokun: Chaiman Aiico Insurance, Xerox Nigeria, Chicken Republic, Kings Guards, etc. 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.. Donjazzy is the founder and CEO of Supreme Mavin Dynasty Music Records which is home to many talented Nigerian … Rabiu is also the current chairman of Nigerian Bank of Industry, having an estimated financial worth of $1.5 billion as ranked by Forbes. © 2020 Forbes Media LLC. Aside this, he has other investments in real … Forbes Launches Nigeria’s First Digital Startup Accelerator: Vote Now, Eberechi Eze On Nigeria Radar Ahead Of Premier League Transfer, Nigeria COVID-19 Testing Support Fund Launched By 54gene, Helping Communities Fight The Spread Of Coronavirus In Nigeria, Forbes And MTN Launch Forbes8, A Digital Video Network In Nigeria Designed To Inspire Nigeria’s Entrepreneurial Community, Not Launching In Nigeria? Forbes ranked Ovia whose net worth is $1 billionaire as one of the richest men in the country. Not in doubts is there opulence in considering how Kings are been cared for with absolute honor and respect. It’s no wonder why Burna Boy is in Forbes list of richest artists in Nigeria. 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. Mike Adenuga. Some of these means include endorsement deals, album/music sales and streaming, music shows and […] Arinze Stanley's drawings are so realistic they look like photographs. Bishop T. D Jakes – Net Worth $147 Million 2019 Celebrity 100 - The celebrity ranks are based on an aggregate of the estimated earnings and their calculated fame quotient, via print and social media reach. Meet the class of 2019, a stellar collection of entrepreneurs and innovators rewriting rules and taking bold new risks […] Oba Otudeko is last on our list on top wealthiest billionaire men in Nigeria and Africa with a net worth estimated at $650 million according to Forbes. 2. GDP growth turned positive in 2017 as oil prices recovered and output stabilized. British, Mobile Telecoms, Investments. She is among the most influential African women with properties is said to be worth a whopping $100 million in real estate. He is a tech enthusiast who loves reading, writing and research. Umaru Abdul Mutallab: Former Chairman First Bank Plc, Mutallab Group. Femi Otedola. 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. 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. Aliko Dangote is the richest man in Nigeria. First on the list is the Briggs. Burna boy has many endorsement deals, notably with STAR beer. He is a Nigerian business magnate, investor, and owner of the Dangote Group, which has interests in commodities in Nigeria and other African countries. Folorunsho Alakija Net Worth $1.53 billion, 5. Fifi attended Pratt Institutes in the United States and graduated as an architect. Aliko Dangote. While investing in Africa is on the rise, Francophone markets have been left behind. 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. Mohammed Ibrahim, $1.1 billion. Chizoba is a seasoned Information blogger, content developer and the founder of Nigerian Infopedia. Malaysia'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. 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. 2. Top Ten Richest Families in Nigeria 2020 1. Folorunsho Alakija. 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 … How a social enterprise based in Nigeria developed a virtual learning center to bring education to Africa's slums. 4. 15. Abdusalam Rabiu is a wealthy business man and also one of the richest men in the country. This year marks the fifth milestone annual FORBES AFRICA 30 under 30 list, and we have introduced a new category of game-changers. Theophilus Danjuma. How To Attract Investment In An Overlooked Market. Forbes: These Are the Richest People In Nigeria, 2019 1. Currently, Oba Otudeko is the owner of the Honeywell Group and chairman of FBN Holding Plc. For the eighth year in a row, Aliko Dangote of Nigeria is Africa’s richest person. 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. Do you wonder how much much your favourite Nigerian musician is worth? He has other investments, cars, and even landed properties. 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. people still live in extreme poverty. 3. GLO has even gone far as establishing its presence in other African countries like Benin, Ghana and Cote D’ Ivoire. This is the latest ranking of the Top 20 Richest Nigerian Musicians for 2019, see the Forbes list and their net worth. 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. 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. This group controls a chain of companies and has operational bases in various African countries. 5. 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. Burna Boy Net Worth Forbes – $5 million. 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 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. 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. 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. Forbes and MTN launch Forbes8, a digital video network, in Nigeria. Forbes Top 10 Richest Nigerian Musician 2020 & Net Worth #10. 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. Theophilus Danjuma Net Worth $1.1 billion, 6. 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. Femi Otedola’s father was a former governor in Lagos and he has three children who has attained celebrity status. 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. Forbes Digital Starup Accelerator Nigerian Edition has begun. As of March 2019, he had an estimated net worth of US$10.6 billion . Some people become richer or poorer within days of publication. Politicians and individuals whose source of wealth cannot be traced are excluded from this list. Nigerian, Sugar, Cement, Flour. The company has its location in Port Harcourt. Those big names that made the list were ranked based on property, value of shares they have in quoted companies and other assets. Queens Park Rangers star Eberechi Eze has raised the possibility of playing for Nigeria in the future, despite representing England at youth level. He is the Chairman of the BUA Group which he founded in 1988. You have entered an incorrect email address! The Richest Africans is an annual ranking of the richest African people, compiled and published by the American business magazine Forbes.The list has been published since 2015. Regulatory constraints and security risks have limited new investment in oil and natural gas, and Nigeria's oil production had been contracting every year since 2012 until a slight rebound in 2017. 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. Others who made the list of richest billionaires in Nigeria are: 11. Is Genocide Happening In Nigeria As The World Turns A Blind Eye? He is the founder of Believers LoveWorld popularly known as Christ Embassy, one of the biggest Pentecostal churches in Nigeria. Aside this, he has other investments in real estate, shipping, banking and finance etc. 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. Latest update. Popularly known as Badhoo, he has released a lot of hit songs that support his claim as one of the country’s top artist. Following the 2008-09 global financial crises, the banking sector was effectively recapitalized and regulation enhanced. 13 blacks have been listed among the 2,153 people on Forbes 2019 list of the World’s Billionaires. UNICEF is supporting COVID-19 health education handwashing campaigns in Africa’s most populous country. Olamide. Together, they are 120 in total across four sectors: business, technology, creatives and sport. 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. Innovation. © 2020 Forbes Media LLC. 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. With these, she had made her wealth. She is currently one of the richest women in Nigeria and Africa. Some of her companies include Famfa Oil Limited, Rose of Sharon, etc. These Nigerian musicians make money through various means. 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. 'Gbénga Ṣẹ̀san, founder of Paradigm Initiative and digital rights defender, is undeterred. Ayodeji Ibrahim Balogun, popularly/professionally known by his stage name – Wizkid or Star Boy is a Nigerian professional singer and songwriter who was born on the 16th of July 1990. Nigeria is Sub Saharan Africa’s largest economy and relies heavily on oil as its main source of foreign exchange earnings and government revenues. Forbes recently released the list of Nigerian Billionaires who are wealthy business men. 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. The head of this family is Chief Olu Benson Lulu-Briggs, one of the current richest men in the country at the moment and the founder of Moni Pulo Limited (MPL) a privately owned indigenous oil and gas company.. 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. Alhaji Aliko Dangote Net Worth $8.6 Billion, 4. He has interests in real estate, telecommunication sector and even in the oil and gas industry. He is also the wealthiest Yoruba man in the country. In 2018, there was a record of 23 African billionaires on the list. 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. This shows a significant growth up from 11 a year ago. A major security incident is ongoing in the English Channel today, as suspected stowaways have taken over control of a large oil tanker travelling from Nigeria to England, in a suspected 'hijacking.'. Nigeria: $14.1Billion: Diversified Top 10 Richest Pastors in the World – 2019 … Worth $3.3 billion in 2008, Dangote was the richest black African to appear on Forbes’ Billionaire list even then, and beat Oprah Winfrey to become the world’s richest black person. Dangote Group founder Aliko Dangote has topped the 2018 list. Theophilus Danjuma is another Nigerian billionaire, a retired army general and also a philanthropist. President BUHARI, elected in March 2015, has established a cabinet of economic ministers that includes several technocrats, and he has announced plans to increase transparency, diversify the economy away from oil, and improve fiscal management, but has taken a primarily protectionist approach that favors domestic producers at the expense of consumers. 15. One entrepreneur in Guinea explains how she has done just that. Some investors are predicting that this year they might start closing the gap. In 2019, he won Best International Act at the 2019 BET Awards. Once signed into law, crypto exchanges and other services dealing with crypto assets may need regulatory approval to operate in the country. 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