Top 5 Richest Nigerians (2016)

Everyone always wants to know who the richest people in the land are, so today, I am giving you a current list of the top 5 richest people in Nigeria. This list is as current as March 2016. According to Forbes, below are the top 5 richest Nigerians in 2016.





5.  Abdulsamad Rabiu
With a net worth of $1.1 billion, Mr. Rabiu is the 5th richest man in Nigeria, and 1,577 in the world. He is currently 56 years old, and like Aliko Dangote, is into cement production and refining sugar. His BUA group company is also into port operations and real estate.

4.  Folorunsho Alakija
She has a net worth of $1.55 billion. The 65 year old woman is the 4th richest person in Nigeria, and 1,121 in the world. She is the vice chairperson of Famfa Oil, a Nigerian Oil exploration company. She started out in the fashion industry, before delving into the oil world.

















3.  Femi Otedola
Mr. Femi Otedola is the chairman of Forte Oil. According to Forbes, he has a net worth of $1.8 billion. This makes him the 3rd richest person in Nigeria, and the 1,011 in the world. The oil mogul is 53 years old, and his Forte Oil company has at least 500 filling stations across the country.





















2.  Mike Adenuga
The second richest person in Nigeria is none other than Mr. Mike Adenuga, the C.E.O of Nigerian indigenous telecommunication company, GLO Nigeria. Apart from playing big time in the telecoms world, he is also into oil exploration with his Con Oil company, which operates with 6 oil blocks in the Niger Delta region of Nigeria. With a net worth of $10 billion, he is the 2nd richest person in Nigeria, and 103 in the world. He is 62 years old.



















1.  Aliko Dangote
Dangote has held the title of the richest person in Nigeria and Africa for many years now, and he doesn't seem to be losing that spot any time soon. He is the C.E.O of Dangote Group, which is into Sugar refining, Cement production, Flour production, etc. He is 58 years old, and has a net worth of $14.4 billion. He is the richest black man on earth, and the 51st richest man in the world.