ADVERTISEMENT
ADVERTISEMENT

7 Nigerian billionaires who don't like show off

Here are seven Nigerian billionaires whose businesses are known and widely accepted but their personalities and lifestyles are shredded from the public.

Some Nigerian billionaires find discomfort in showing off their wealth and their activities are far away from the social media space.

Some of them do so for security reasons while others believe in modesty and personal reasons.

These are business tycoons, entrepreneurs and industrious leaders and players in various fields whose businesses are known and widely accepted but their personalities are shredded from the public unlike some of their peers.

ADVERTISEMENT

Business Insider Sub-Saharan looks at some of these personalities and their businesses in the Nigerian environment:

1. Michael Ade Ojo

Elizade Motors Nig Limited, Distributor of Toyota cars and Elizade University

Net Worth: Undisclosed but estimated to be around $2 billion

2. Leo Stan Ekeh

ADVERTISEMENT

Chairman/CEO of Zinox Technologies Limited, Africa’s most integrated ICT firm.

Net worth: $1 billion

3. Jim Ovia

Banking, Real Estate and Communications

Jim Ovia is the founder of Zenith Bank. He is the chairman and largest individual shareholder with a stake of slightly more than 9% stake. He also owns prime real estate across Nigeria, and mobile telecom operator Visafone, which has 3 million subscribers.

ADVERTISEMENT

Net worth: $1 billion

4. Pascal Dozie

Chairman MTN Nigeria, Diamond Bank

Net worth: $1.1 billion

ADVERTISEMENT

5. Oba Otudeko

Founder, Honeywell Group, Chairman FBN Holdings, Airtel Nigeria and Fan Milk of Nigeria

Net worth: $650 million

6. Cletus Ibeto

Chairman of Ibeto Group (with interests in automobile parts, cement production, energy, petrochemical and the real estate industry). He is also the owner of Ibeto Hotels

ADVERTISEMENT

Net worth: $1.5 billion

7. ABC Orjiakor

Co-Founder & Chairman, Seplat Petroleum, CEO, Shebah E&P Company Limited

Net worth: $1.5 billion

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Here's everything to know about being a virgin on your wedding night

Here's everything to know about being a virgin on your wedding night

7 do's and don’ts of the Holy month of Ramadan

7 do's and don’ts of the Holy month of Ramadan

Top 5 sweetest celebrity mother-child relationships that stand out for us

Top 5 sweetest celebrity mother-child relationships that stand out for us

International Women's Day: 5 Nigerian female celebrities championing women’s rights

International Women's Day: 5 Nigerian female celebrities championing women’s rights

Top 5 female directors in Nollywood

Top 5 female directors in Nollywood

6 things that will break a Muslim's fast during Ramadan

6 things that will break a Muslim's fast during Ramadan

5 benefits of fasting during Ramadan

5 benefits of fasting during Ramadan

5 reasons Easter was more fun when we were children

5 reasons Easter was more fun when we were children

Dos and don’ts of supporting Muslims during Ramadan

Dos and don’ts of supporting Muslims during Ramadan

ADVERTISEMENT
ADVERTISEMENT