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. 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
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. Net worth: $1 billion
4. Pascal Dozie
Chairman MTN Nigeria, Diamond Bank Net worth: $1.1 billion 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 Net worth: $1.5 billion
7. ABC Orjiakor
Co-Founder & Chairman, Seplat Petroleum, CEO, Shebah E&P Company Limited Net worth: $1.5 billion