Who are the youngest billionaires in Nigeria and what do they do for a living. Nigeria is said to be the poverty capital of the world, yet, she can boast of producing prominent people in all spheres of life all over the world.
These prominent people are highly recognized and duly rewarded. When we talk of the richest men or women in Africa, it wouldn’t be complete if a Nigerian was not on the list. We will be taking a look at the youngest billionaires in Nigeria.
There’d be no argument if the majority of them were still found on the list of youngest billionaires in Africa. Their earnings are made from different industries ranging from entertainment to business, telecommunications, oil and the like. Below is a list of the youngest billionaires in Nigeria.
Top 10 Youngest Billionaires In Nigeria
10. Cubana chief priest
Pascal Chibuike Okechukwu well known as Cubana Chief Priest is an Imo-born concert promoter and businessman who owns Club Xhrine in Owerri.
Chief Priest was born on the 2nd of April 1981, in Umuhu Okabia, in Orsu Local Government Area of Imo state. He is the second son of his parents. He was raised in Umuhu Okabia, in Orsu Local Government Area of Imo state, and later joined his father in Aba, Abia state, where he learned how to make shoes.
Club Xhrine was founded in December 2020, after he resigned as the General Manager of Cubana Groups in 2020. It hosted the biggest show ever in Owerri, with Omo Baba Olowo himself, Davido, hosting the Grand Opening. The nightlife tycoon has earned a doctorate in event and luxury hospitality management.
He graduated from a European American institution with a bachelor’s degree and was just awarded a certificate. Cubana Chief Priest is a Nigerian businessman with a net worth of $17.08 million, according to estimations.
He was able to achieve these figures as a result of his successful career as a concert organizer and entrepreneur, which included substantial endorsements from companies like Bullet Drink.
9. Linda ikeji
Linda Ifeoma Ikeji is a Nigerian blogger, writer, entrepreneur, and former model who was born on September 19, 1980. She is well-known for her contentious internet writings and blog.
Ikeji was born and groomed in Nkwerre, Imo State, Nigeria, in a Catholic household. She began writing when she was ten years old. She graduated from high school at the age of 17 and enrolled at the University of Lagos at the age of 18 to study English. To support her family and pay for school, she worked part-time jobs as a waitress, model, and writer.
Ikeji earned her bachelor’s degree from the university in 2004. She began blogging part-time in 2006. She had to work from a cybercafé because the internet was not extensively used in Nigeria at the time.
Forbes Africa published an issue in August 2012 dedicated to honouring African women. Forbes included two young Nigerian women in that issue: Linda Ikeji and Chibundu Onuzo, who were both profiled as Africa’s 20 Most Prominent Women. Google users in Nigeria searched for Linda Ikeji the most. Ikeji shares her 2020 New Year’s Resolutions.
On BBC’s Focus on Africa show, Ikeji was interviewed, and on September 25, 2012, the interview was broadcast. Linda Ikeji was among the renowned persons from many nations who received Honorary Doctorate Degrees from Trinity International University on August 8, 2018.
She earns her wealth through blogging and her Tv streaming platform and she’s worth over 10 billion naira.
8. Igho sanomi
Igho Charles Sanomi (born 17 May 1975) is a Nigerian billionaire businessman, geologist, public speaker, and philanthropist with interests in oil, power, logistics, telecommunications, the maritime industry, aviation, and real estate.
Igho Charles Sanomi II was born as the fifth child and first son of a Catholic family in Agbor, Delta State, Nigeria. Sanomi graduated with honours from the University of Jos in Plateau State, Nigeria’s Middle Belt, with a bachelor’s degree in geology and mining.
Sanomi entered the business world immediately after finishing his undergraduate studies. He co-founded Sarian Oil, a Sub-Saharan African oil trading company where he was made the Executive Director of the company and also aided the development of Sarian Oil’s trading operations by negotiating the export and delivery of fuel oils from West Africa to the United States Gulf Coast.
He also formed a strategic partnership with a major international oil trading group headquartered in Zug, Switzerland. This collaboration was in charge of the import and export of millions of tons of refined petroleum products to and from the West African coast. He founded Taleveras in 2004 and serves as its Chairman.
Sanomi has been helpful and useful in the expansion and in the diversifying of the company’s operations. Taleveras trades hundreds of millions of crude oil barrels and millions of tons of fuel oil, jet fuel, gasoline, condensates, and liquefied petroleum gas each year.
The company’s oil exploration and recovery activities include the acquisition of production sharing contracts (PSCs) for three offshore oil blocks in the Ivory Coast and rights to two additional oil blocks in Nigeria.
The company has offices in London, Geneva, Cape Town, Dubai, Ivory Coast, Abuja, and Lagos. Igho Sanomi’s net worth is estimated to be around $1.3 billion.
7. Ken Bramor
Kenneth Bramor, a native of Delta State, Warri to be precise, is a renowned oil tycoon. He came into the spotlight after his grand wedding to the multi-millionaire interior decorator, Ehi Ogbegbor, who is among this list of the youngest billionaires. He has a net worth of over $500 million.
Kenneth Bramor had a poor background. He was born and raised in a low-income family with little or nothing. He changed all that with his diligence, consistency, and hard work, and his big break was not far away.
Ken Bramor finished primary and secondary school in Delta State, Nigeria. Ken Bramor is a philanthropist who runs an orphanage. He has also awarded thousands of scholarships to Warri youths and others.
6. E money
Emeka Okonkwo, who goes by the stage name “E-money”, is the elder brother of the popular artiste Kcee the Limpopo Crooner, and is a multi-millionaire, business tycoon, investor, and entertainer. He was born on the 18th of February 1981 and was raised in Lagos but he hails from Uli Anambra state.
He is estimated to have a net worth of over $65 million. He owns Emmy Cargoes Nig, a shipping company that was formerly known as Borisa Ltd. and was founded in 1997. He also has his sights on the oil and gas sector and the real estate industry.
E-money makes a ton of money from his oil and gas business, shipment and delivery, record label, and hotels. We also believe E-money and Jowi Zaza are the primary investors in the Cubana Group of companies. Obi Cubana founded the company.
5. Ehi Ogbegbor
Ehiziogie who is a native of Benin, Edo state was born and raised in Edo state. She was born on the 15th of June 1985 and completed her primary and secondary education in Edo state.
She bagged a first degree in microbiology at Ambrose Ali University, Ekpoma. She worked for an insurance company for eight years before deciding to start her own business.
Her major success story started when she got a contract to furnish a 4000-meter square building. She runs her own interior, decorating and hospitality firm called Sayaveth interior and hotel which is well known.
She also runs several other interior businesses apart from the hotel. With an estimated net worth of $6 million, she can be seen as one of the influential entrepreneurs in Nigeria.
4. Ladi Denalo
He is a co-founder of an enterprise that deals in the mining, agriculture, and the oil sector. The enterprise is worth over $1 billion. He was named by Forbes as a major business person in the Nigerian scene.
3. Jowi Zaza
An Igbo businessman with a net worth of $80 million. Born in 1985, Jowi Zaza, whose real name is Joseph Eze Okafor Jnr is an altruist and business visionary who hails from Ekwulobia, Anambra state.
Jowi Zaza received his secondary education at Sacred Heart Seminary School Nsude in Enugu State before enrolling at Madonna University, Okija, where he earned his degree. He then travelled to London, United Kingdom, to complete his post-graduate studies at Coventry University, London, United Kingdom.
In addition, the young man has a post-graduate business degree from the Kelce College of Business in Pittsburg, United States, which he earned in 2013. He is the Chairman of the board of Jezco oil and gas which was set up by his father.
In 1988, eight years after its inception, the company became a fully licensed oil service company and an independent marketer of petroleum products.
2. Obi Cubana
The businessman, entertainer, showman and also the chairman of the Cubans group, where the likes of Cubans chief priest were before he set up his own brand. Known as Obi Cubana, whose real name is Obi Iyiegbu, was born on the 12th of April 1975.
He hails from Oba, Idemili-south of Anambra state. He has a net worth of over $500 million. Obi Cabana attended Central Primary School and earned his first school leaving certificate there. He then attended Dennis Memorial Grammar School in Onitsha, where he earned his West Africa Senior School Certificate (WAEC).
Obi Cubana graduated from the University of Nigeria, Nsukka, with a degree in Political Science in 1998, after completing his primary and secondary school education. Obi Cubana opened his first club, Ibiza Club, in Abuja in 2006, with the goal of satisfying fun seekers and nightlife enthusiasts.
1. Sijibomi Ogundele
The real estate tycoon drew his inspiration from Dr. Sujimoto Koga, who is a Japanese professor who is into the building of high tech houses. He is said to have started his business career in the Lagos neighbourhood of Agege.
Sijibomi Ogundele is currently ranked first among Nigeria’s richest and most influential young billionaires, with an estimated net worth of $1.8 billion dollars as of the time of this post.