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Thursday, June 14, 2018

7 Nigerian billonaires

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.

7 Nigerian billionaires who don't like show off (Independent Newspaper)

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.

Also READ: 6 ways Africa's richest man spends his billions

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

1. Michael Ade Ojo

play
7 Nigerian billionaires who don't like show off
(Guardian Nigeria )

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

play
Leo Stan Ekeh
(Independent Newspaper)

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

Net worth: $1 billion

3. Jim Ovia

play
7 Nigerian billionaires who don't like show off
(Business Today)

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.

Net worth: $1 billion

Also READ: How Nigeria's richest woman makes and spends her money

4. Pascal Dozie

play
Pascal Gabriel Dozie
(Guardian Nigeria)

Chairman MTN Nigeria, Diamond Bank

Net worth: $1.1 billion

5. Oba Otudeko

play
Oba Otudeko
(Premium Times Nigeria)

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

Net worth: $650 million

6. Cletus Ibeto

play
Cletus Ibeto
(Cityspy)

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

Net worth: $1.5 billion

7. ABC Orjiakor

play
ABC Orjiakor

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

Net worth: $1.5 billion

TOP 3

: 1Strategy These 7 side-hustles that can fetch you extra income in Nigeria...; 2Strategy 7 Nigerian billionaires who don't like show off; 3Strategy Dangote says he wants to be Africa's biggest philanthropist

GO TO PULSE.NG

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: Strategy Ryan Seacrest has figured out the perfect reply to any email, and it's only 2 words

: Strategy Amazon just scored a major win in Seattle, and it shows HQ2 is already doing what it was likely designed to do (AMZN)

: Strategy Starting a company won't make you a good CEO, the serial-entrepreneur cofounder of OKCupid says

7 Nigerian billionaires who don't like show off

Published: 13.06.2018
Aderemi Ojekunle

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

7 Nigerian billionaires who don't like show off (Independent Newspaper)

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.

Also READ: 6 ways Africa's richest man spends his billions

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

1. Michael Ade Ojo

play
7 Nigerian billionaires who don't like show off
(Guardian Nigeria )

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

play
Leo Stan Ekeh
(Independent Newspaper)

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

Net worth: $1 billion

3. Jim Ovia

play
7 Nigerian billionaires who don't like show off
(Business Today)

Banking, Real Estate and Communications

Net worth: $1 billion

Also READ: How Nigeria's richest woman makes and spends her money

4. Pascal Dozie

play
Pascal Gabriel Dozie
(Guardian Nigeria)

Chairman MTN Nigeria, Diamond Bank

Net worth: $1.1 billion

5. Oba Otudeko

play
Oba Otudeko
(Premium Times Nigeria)

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

Net worth: $650 million

6. Cletus Ibeto

play
Cletus Ibeto
(Cityspy)

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

Net worth: $1.5 billion

7. ABC Orjiakor

play
ABC Orjiakor

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

Net worth: $1.5 billion

TOP 3

: 1Strategy These 7 side-hustles that can fetch you extra income in Nigeria...; 2Strategy 7 Nigerian billionaires who don't like show off; 3Strategy Dangote says he wants to be Africa's biggest philanthropist

GO TO PULSE.NG

: Strategy Kate Spade was completely detached from her namesake brand at the time of her death, but nostalgic shoppers have flocked to its stores. Here's what the brand's future could be.

: Strategy Ryan Seacrest has figured out the perfect reply to any email, and it's only 2 words

: Strategy Amazon just scored a major win in Seattle, and it shows HQ2 is already doing what it was likely designed to do (AMZN)

: Strategy Starting a company won't make you a good CEO, the serial-entrepreneur cofounder of OKCupid says

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