is reputed to have the highest number of billionaires in Africa.
Nigerian billionaires are always recognized in the international ranking
yearly. The Dangotes, Adenugas and Elumelus are always in the limelight
but no attention is given to the young and upcoming ones. So we decided
to show just a few of them in the list below:
1. Ladi Delano
Delano is a 35-year old Nigerian serial entrepreneur who became the
youngest Billionaire in Nigeria by being a liquor entrepreneur.
the age of 24, in 2004, he founded Solidarnosc Asia, a Chinese
alcoholic beverage company that made Solid XS, a premium brand of
vodka. He is also the founder and CEO of Bakrie Delano Africa, an
affiliate of the Bakrie Conglomerate of Indonesia.
2. Igho Sanomi
amassed his wealth from oil trading and he is one of the youngest oil
magnates in the country. The 39-year-old leaped into fortune when he
established his oil trading company in 2004 called Taleveras.
sells millions of barrels per day and also has stakes in energy supply
companies in Nigeria and 3 oil blocks in Ivory Cost. According to
Forbes, Igho Sanomi is one of the richest young entrepreneurs in Africa.
3. Linda Ikeji
4. Oluwaseun Osewa
Osewa is the man behind Africa’s largest online forum Nairaland.
Nairaland was created in 2005 and as at 2015, it attracted more daily
visitors than Wikipedia and has over a million registered users. The
online forum is reportedly worth millions of dollars. He is 34 years old and personally worth quite a lot of money.
5. Jason Njoku
Njoku is the founder and CEO of Iroko TV, an online distributor of
African films. Iroko TV focuses on DailyMotion, Vimeo, etc and few
Iroko TV raised about $8 million from a private equity
fund in the United States. The young entrepreneur is just 32 years old as of 2014 Iroko TV was estimated to worth over $30 million.
6. Abiola Olaniran
26, is the founder and CEO of Nigerian gaming company, Gamsole.
Olaniran founded the company in 2012, and it has venture backing from
88mph, a Kenyan seed fund.
The company’s games now have more than 9 million downloads both locally and internationally on the Windows Phone store.
7. Mark Essien
31, is the founder of Hotels.ng, Nigeria’s largest hotel booking
website. The online portal allows users from all over the world to book
rooms from a selection of over 6000 hotels.
The company has so far raised more than $250,000 in funding from Spark Fund among other investors.
8. Edose Ohen
is the founder of Alfa O & O Networks, a fixed wireless internet
service provider focused on connecting homes in Benin City, Edo State
Nigeria to the Internet in order to reduce the digital divide.
also owns Glazed the Doughnut Cafe, Houston’s first 24 hour doughnut
shop. Glazed is on track to pull in revenues of $1.2 million this year
and is listed as a top doughnut shop in Houston.
9. Tayo Oviosu
He is the CEO of Paga a payment platform that raised over $13million from investors.
financial services platform delivering universal access to payments and
financial services to all individuals and businesses. Through Paga,
businesses and individuals can pay and get paid in diverse ways from its
large network of over 10,500 agents.
28 million transactions worth over 345 billion Naira since inception.
Paga is insured by the Nigerian Deposit Insurance Corporation, which
means that at Paga your cash is safe; your privacy is protected; all
issues are resolved in 48 hours and there are no hidden charges,” a
10. Omoyele Sowore
is the founder of the popular online news Web site known as Sahara
Reporters which he manages from the United States. Sahara Reporters has
been recognized for its accuracy and promptness in reporting news across
Over the past few years, the online news agency has
received over $630,000 grants from private organizations in the US.
Omoleye Sowore is 42 years old.