What is the secret to the success of the top 20+ richest people in Nigeria? Who are the Nigerian billionaires and how did they amass their wealth? What are the business success secrets of the successful entrepreneurs in Nigeria? What does it take to become a billionaire in Nigeria? If the answer to any of these questions interests you, then please read on.

The criteria for coming up with this list

Most of you may be wondering the criteria or benchmark on which I compiled this list of richest people in Nigeria. Well, I compiled this list based on the following criteria:

By the value of their shares held in quoted companies.
The size and market share of their companies
The number of companies they own and its assumed value
The market value of their company’s brand
The impact of their companies on the Nigerian economy

Nigerian Billionaires and Top 20+ Richest People (Entrepreneurs) in Nigeria 2015

1. Alhaji Aliko Dangote – Dangote Group, (Manufacturing, oil & gas,)

2. Mike Adenuga – Conoil, Globacom (Oil & gas, Banking, Telecom)

3. Femi Otedola – Forte Oil and Gas (Oil & gas)

4. Orji Uzor Kalu – Slok Group (Aviation, Shipping, publishing, manufacturing)

5. Cosmos Maduka – Coscharis Group (Automobile, manufacturing)

6. Jimoh Ibrahim – Nicon Insurance, Global Fleet (Insurance, transportation, oil & gas)

7. Jim Ovia – Zenith Bank, Visafone (Banking, Telecom)

8. Pascal Dozie – MTN Nigeria, Diamond Bank (Banking, Telecom)

9. Oba Otudeko – Honeywell Group Nigeria, Pivotal Engineering, Airtel (Manufacturing, oil & gas, telecom)

10. Alhaji Sayyu Dantata – MRS Group (Oil & gas, construction)

11. Umaru Abdul Mutallab – former Chairman First Bank Plc, Mutallab Group

12. Prince Samuel Adedoyin – Doyin Group (manufacturing, pharmaceuticals)

13. Dele Fajemirokun – Chaiman Aiico Insurance, Xerox Nigeria, Chicken Republic, Kings Guards (Insurance, Security, Technology, Food retailing)

14. Chief Cletus Ibeto – Ibeto Group (Trading, manufacturing, oil & gas)

15. Raymond Dokpesi – Daar Communication, AIT, (Entertainment)

16. Tony Ezenna – Orange Group (Pharmaceutical, oil & gas)

17. Chief Molade Okoya Thomas – Chairman CFAO Nig and other six french companies (Automobiles)

18. Ifeanyi Ubah – Capital oil and gas (Oil & gas)

19. Leo Stan Ekeh – Zinox (Computer, technology)

20. Fola Adeola – GTBank (Banking)

Now having gone through the list of richest (entrepreneurs) people In Nigeria, I believe it’s time I share with you the secret to their success. I am not sharing these secrets with you to fill up space or excite you. Rather, I am sharing the secrets of Nigerian billionaire entrepreneurs so you can pick up one or two lessons and replicate their success strategy. After all, success can be replicated.

1. They are Strong Willed

The richest people in Nigeria are strong willed in spirit. They are dogged and persistent. To these set of individuals, success is not an option; it’s a must. These successful Nigerian entrepreneurs refuse to be held down by their circumstance; instead, they reached out for their inner strength and went for success. Above all, these entrepreneurs don’t take no for an answer; they simply refuse to give up and that was why they succeed.
“When Raymond Dokpesi was on the verge of losing A.I.T; he refused to give up.

Mike Adenuga had his telecom license revoked twice and lost over 20million dollars but he refused to give up.

Orji Uzor Kalu had his oil bloc license and his aviation license revoked; his airline business was grounded and
the business accounts of his publishing firm (The Sun) was frozen, yet he refused to give up.

Chief Cletus Ibeto’s cement company was shut down by the government but he persisted and refused to give up.

2. They thoroughly understand their line of business

Take a close look at the Nigerian billionaires listed above and you will see the names of entrepreneurs that thoroughly understand their line of business like the palm of their hands. They know the in-depth intricacies of the various businesses they are involved in.

3. They are focused

The richest people in Nigeria are focused; they chose a specific business of their strength and stuck to it. If you are ever going to make it in Nigeria, then you must obey the first law of business success of Andrew Carnegie; the steel mogul.

4. They have a strong business mission and vision

The Nigerian billionaires have a strong business mission and vision; and these two factors propel them to greatness. Take away their business mission and they are no more; this is because their entrepreneurial spirit is in the mission of their businesses.

5. They are excellent net-workers

The richest people in Nigeria became rich because they are good networkers. They network among themselves and even patronize each other’s services; and when a big deal is on board, they pool their resources together, form a consortium, execute the deal and split the profits. This is why they emerged the richest people in Nigeria.

6.They are Competitive

The Nigerians billionaires listed above are very good at networking with each other; yet, they still compete against each other when the need arises. Competitiveness and the ability to stay afloat are essential to survival in business.

7. They think big

One attribute I love about Nigerian billionaire entrepreneurs is that they are big thinkers. They think big and love to do big things. Despite the fact that they started small; they dreamed big.

8. They are flexible

Flexibility is one of the strengths of the richest people in Nigeria. They understand the terrain very well; they know that the government is the most inconsistent body so far, so they prepare themselves forehand. They keep an eye on the ever changing pattern of the government and swiftly adjust their businesses to align with such change. They are also quick to adapt to current situation and trend while their competitors are still grappling with the reality on ground.

9. They are opportunist

The richest people in Nigeria are opportunists; they know how to take advantage of situations. Where others see problems, these set of individuals see opportunities and start a business around such opportunity. While other Nigerians shy away from adversity; these men embrace adversity because they know that behind every adversity is opportunity.

10. They have a strong business management team

It is often said that behind every successful man is a woman. In this case, I will say that behind every successful entrepreneur is a strong business management team. The presence of a business team is the reason why Nigerian billionaire entrepreneurs and richest people can swiftly take advantage of opportunities; raise capital and run multiple businesses while minding their family affairs.

And lastly;
11. They love Nigeria

Above all the success secrets of the richest people in Nigeria, this is the greatest. Love for Nigeria made the Nigerian billionaire entrepreneurs invest heavily in the country. They have all it takes to move their investment elsewhere but they chose to invest in Nigeria because they believe in Nigeria.

As a final note, these are the eleven secrets that are responsible for the success of the richest people in Nigeria. If you want to join this list of Nigerian billionaires; if you want to imprint your name on the sands of time, then replicate these strategies and I will see you at the top.

THE LIST CONTINUES...
21. Chief Ade Ojo – Elizade Motors Nig LTD, Distributor of Toyota cars (Auto retailing)

22. Abdulsamad Rabiu – Bua Group (Oil & gas, manufacturing)

23. Folorunsho Alakija – Famfa Oil (Oil & gas)

24. High Chief O.B. Lulu Briggs – Moni Pulo (Oil & gas)

25. Hakeem Bello Osagie – Etisalat Nigeria (Telecom)

26. Sani Bello – Amni Petroleum (Oil & gas)

27. Mohammed Indimi – Oriental Petroleum (Oil & gas)

28. Sir Emeka Offor – Chrome Group (Oil & gas, marine)

29. Chief Arthur Eze – Atlas Oranto Petroleum (Oil & gas)

30. Vincent Amaechi Obianodo – Young Shall Grow Motors, RockView Hotels (Transportation, hotels)

So my brother work hard and may be one day your name will also be among the list of your TIME...

Where is ur source?

Come I no see my NAME

Two-third are from SE...

SE reping since the 1743

Ok

Where is T.Y Danjuma, Indimi?

Apart from a few of them, most of these men raped Nigeria and our common wealth to get to where they are today. It is unfair to say they love Nigeria. We celebrate money so much that we tend to forget people's antecedents. God help us

Please this list is restricted to entrepreneurs only. Politicians and individuals whose source of wealth cannot be traced are excluded from this list. Most people have asked why so few Nigerians made the Forbes list of richest people in the world.

Well the answer to that question is this: Forbes estimates the wealth of individuals and rank them based on the value of shares they have in quoted companies (companies listed on the stock exchange) and most of the richest people in Nigeria prefer to run their businesses privately. That’s why they don’t make the Forbes list of richest people in the world.

And below is a complete updated list of 20 most richest people in the world 2015.

Rank Name Net Worth Age Source Country of Citizenship
#1 Bill Gates $79.2 B 60 Microsoft United States
#2 Carlos Slim Helu $77.1 B 75 telecom Mexico
#3 Warren Buffett $72.7 B 85 Berkshire Hathaway United States
#4 Amancio Ortega $64.5 B 79 Zara Spain
#5 Larry Ellison $54.3 B 71 Oracle United States
#6 Charles Koch $42.9 B 80 diversified United States
#6 David Koch $42.9 B 75 diversified United States
#8 Christy Walton $41.7 B 60 Wal-Mart United States
#9 Jim Walton $40.6 B 67 Wal-Mart United States
#10 Liliane Bettencourt $40.1 B 93 L'Oreal France
#11 Alice Walton $39.4 B 66 Wal-Mart United States
#12 S. Robson Walton $39.1 B 71 Wal-Mart United States
#13 Bernard Arnault $37.2 B 66 LVMH France
#14 Michael Bloomberg $35.5 B 73 Bloomberg LP United States
#15 Jeff Bezos $34.8 B 51 Amazon.com United States
#16 Mark Zuckerberg $33.4 B 31 Facebook United States
#17 Li Ka-shing $33.3 B 87 diversified Hong Kong
#18 Sheldon Adelson $31.4 B 82 casinos United States
#19 Larry Page $29.7 B 42 Google United States
#20 Sergey Brin $29.2 B 42 Google United States

AND #67 Aliko Dangote $14.7 B 58 oil, cement, sugar, flour Nigeria

To a reasonable extent you are correct but I don't agree with the sequence

ok,good to know

ORACLE1975:
Come I no see my NAME

31 Oracle(consultancy &Herbal Mixtures)

my name nko? i be number 21

Most of our billionaires got undue concessions from various government in power and most of them are linked to the Oil and gas industry.

ORACLE1975:
Come I no see my NAME

go check the cover of that onward exercise book wey u use for primary school,you go see ur name there.

work hard,sorry think hard!!!

Dr

hmmm.. Wat of that warri billionaire

a nation with this number of billionaires and we still have many poor and less privilaged in the country...

my Igbo people missing at top 3. #Stopfakingproducts

[/font][font=Lucida Sans Unicode][color=#006600][/color]my Igbo people missing at top 3. #Stopfakingproducts ;Dmy Igbo people missing at top 3. #Stopfakingproducts

These are people who av found a way to break the barrier of small beginning in business and now offer the world important everyday products and services. They defiled the odds of principalities and power to grow empires

GhaliNaaba:
my Igbo people missing at top 3. #Stopfakingproducts

There are capitalist and there are communist.

phoneport:
Please this list is restricted to entrepreneurs only. Politicians and individuals whose source of wealth cannot be traced are excluded from this list. Most people have asked why so few Nigerians made the Forbes list of richest people in the world.

Well the answer to that question is this: Forbes estimates the wealth of individuals and rank them based on the value of shares they have in quoted companies (companies listed on the stock exchange) and most of the richest people in Nigeria prefer to run their businesses privately. That’s why they don’t make the Forbes list of richest people in the world.

And below is a complete updated list of 20 most richest people in the world 2015.

Rank Name Net Worth Age Source Country of Citizenship
#1 Bill Gates $79.2 B 60 Microsoft United States
#2 Carlos Slim Helu $77.1 B 75 telecom Mexico
#3 Warren Buffett $72.7 B 85 Berkshire Hathaway United States
#4 Amancio Ortega $64.5 B 79 Zara Spain
#5 Larry Ellison $54.3 B 71 Oracle United States
#6 Charles Koch $42.9 B 80 diversified United States
#6 David Koch $42.9 B 75 diversified United States
#8 Christy Walton $41.7 B 60 Wal-Mart United States
#9 Jim Walton $40.6 B 67 Wal-Mart United States
#10 Liliane Bettencourt $40.1 B 93 L'Oreal France
#11 Alice Walton $39.4 B 66 Wal-Mart United States
#12 S. Robson Walton $39.1 B 71 Wal-Mart United States
#13 Bernard Arnault $37.2 B 66 LVMH France
#14 Michael Bloomberg $35.5 B 73 Bloomberg LP United States
#15 Jeff Bezos $34.8 B 51 Amazon.com United States
#16 Mark Zuckerberg $33.4 B 31 Facebook United States
#17 Li Ka-shing $33.3 B 87 diversified Hong Kong
#18 Sheldon Adelson $31.4 B 82 casinos United States
#19 Larry Page $29.7 B 42 Google United States
#20 Sergey Brin $29.2 B 42 Google United States

AND #67 Aliko Dangote $14.7 B 58 oil, cement, sugar, flour Nigeria

this is an old list,dangote is more than $14.7B

GhaliNaaba:
my Igbo people missing at top 3. #Stopfakingproducts

Igbos got genuine money without govt connection, infact they defied govt persecution. OBJ favoured Dangote and nearly killed Ibeto. He also chased OUK's slok airline to Zambia

GhaliNaaba:
my Igbo people missing at top 3. #Stopfakingproducts

Igbos got genuine money without govt connection, infact they defied govt persecution. OBJ favoured Dangote and nearly killed Ibeto. He also chased OUK's slok airline to Zambia. I dont trust this list though

GhaliNaaba:
my Igbo people missing at top 3. #Stopfakingproducts

Igbos got genuine money without govt connection, infact they defied govt persecution. OBJ favoured Dangote and nearly killed Ibeto. He also chased OUK's slok airline to Zambia. I dont trust this list though, Danjuma, Atiku, Idimi and many other Northern looters are far richer than those ppl. where are the "we the south south" crew, they are nowhere on the list, while the north share the Oyel money and Igbos get their share through hardwork