Lagos, Nigeria has loads of rich Yoruba males which has put the ethnic crew amongst maybe the most prosperous ethnic teams within the nation.
Listed right here, we’ll rob a glimpse on the tip 5 wealthiest Yoruba males in Lagos, Nigeria, in response to their receive worth, and explore how they received their wealth.
Femi Otedola is a Nigerian businessman with a receive worth of $1.85 billion, in response to Forbes. His source of wealth is his oil and gas company, Uniqueness Oil, which he later sold, and later received Geregu Energy Plant, to magnify into the energy sector and make a contribution to Nigeria’s efforts to toughen its energy present.
His exchange career started when he started selling kerosene to local communities within the nation with which he extinct in starting up his possess company, Zenon Petroleum and Gasoline Restricted. The corporate started with the importation and distribution of diesel and kerosene which later expanded into other petroleum products.
Otedola later various into various industries which accommodates starting up, true estate, and finance. In 2021, he emerged as the splendid shareholder of First Bank of Nigeria Holdings after a 5.07 p.c equity stake.
Mike Adenuga is believed to be one of many richest Yoruba males with a receive worth of $6.1 billion, in response to Forbes. His source of wealth is his telecommunications company, Globacom, which has operations in Nigeria, Ghana, and Benin.
Adenuga started his exchange career within the Nineties by importing and selling lace materials. He later invested within the oil sector and telecommunications industry, and his company Globacom which is Nigeria’s 2nd-splendid telecom operator.
The sixth richest person in Africa also has investment within the oil and gas industry. His company Conoil, a Nigerian petroleum marketing company fervent on the sale of regulated gas and kerosene, diesel, aviation gas and low pour gas is the first company to market petroleum products in bulk in Nigeria.
Sir Olu Okeowo
Clement Oluwatumininu Okeowo is believed to be one of many richest Yoruba males in Nigeria. The popular man is the founder of Gibraltar Building Nigeria Restricted, a beefy carrier constructing and civil engineering constructing company established in 1994.
Okeowo who left treatment for exchange started off within the sales of burglary exchange sooner than he made the beefy switch into constructions and civil engineering and started constructing properties.
The corporate is fervent on Storage Tank Fabrication & Building, Building Industrial, Real Property and Leasing, and Building and Renovation.
Tijani Babatunde Folawiyo is a Nigerian billionaire with a networth of $650 million in response to forbes. He is the Managing Director of the Yinka Folawiyo Group, a conglomerate with interests in energy, agriculture, starting up, and true estate.
The retired lawyer presently works at MTN as a Director and likewise owns and operates a legislation say in Nigeria.
Oba Otudeko is one other properly off Yoruba businessman who serves as the founder and chairman of the Honeywell Group, a conglomerate based in Nigeria with operations in various companies corresponding to meals and agriculture, telecommunication and infrastructure, true estate and monetary services and products.
Otudeko became a extinct chairman of First Bank of Nigeria Holdings and has also labored with loads of companies including the Nigeria Stock Alternate and Fan Milk.