In today’s post, we bring you the richest Igbo men in Nigeria according to Forbes, they are all billionaires. The wealth and assets of these Igbo businessmen have their net worth in dollars.
Maintaining its place as the most industrious tribes in the country. We list the 10 richest Igbo men in Nigeria today.
1. Arthur Eze
Arthur Eze is one of the richest people in Nigeria. He is from the oil and gas sector and founder of Atlas Oranto Petroleum. This company was founded in 1991 and had a presence in Nigeria, Guinea, Liberia and Gambia.
Arthur Eze’s current net worth is $ 5.8 billion, according to Forbes. He is also one of the wealthiest men in the state of Anambra. Most people see him as a parent god in Anambra politics.
It was said that he donated almost $ 100 million to the PDP during the last presidential election. You should also note that Eze has a degree in chemical and mechanical engineering from the prestigious California State University, Long Beach.
Presently, Arthur Eze has different cars. Very popular among these vehicles is his Rolls Royce. There are also rumors that he is among the owners of private jets in Nigeria. He was also involved in numerous philanthropic activities.
2. Cletus Ibeto
Cletus Ibeto is also known as one of the richest Igbo men in the country who comes from the state of Anambra on this list. Born on November 6, 1952 in Nnewi, his investments say more about this businessman.
Ibeto is president of one of the largest conglomerates in the country, the Ibeto Group. This conglomerate has commercial interests in real estate, oil and gas, automotive couplings, hospitality, banking and finance, cement, etc.
You may want to know how Cletus Ibeto earned his money. Well, he started out as an auto parts dealer, where he learned as an apprentice before becoming one of the richest Igbo men in Nigeria 2020.
In 1988, Cletus Ibeto had expanded his business as he was able to stop the direct import of automotive lead-acid batteries and plastic engine accessories, because his factory manufactured these batteries. And in 1995, the Ibeto Group had become one of the largest auto parts manufacturing equipment in the country.
It was in 1996 that the Ibeto Group diversified, entering the petrochemical industry, producing oil products for the local and international markets. He is one of those interested in this sector.
Currently, Cletus Ibeto is currently worth $ 3.7 billion and is ranked as one of the wealthiest entrepreneurs in his state. He is also the mentor of Innocent Chukwuma at Innoson Motors.
He is also on the list of the top Nigerian businessmen who have ventured into politics. Cletus Ibeto was born on November 6, 1952 in Nnewi, in the state of Anambra, with a precarious family background. His success story was attributed to hard work and consistency. He is the founder of the Ibeto group.
3. Rochas Okoroacha
Rochas is one of the richest men in the country. Although you hardly see him listed on various websites, he is considered one of the wealthiest politicians we have in Nigeria today.
Rochas was the former governor of Imo state and is currently a senator in the National Assembly. Even so, there are controversies at the moment, due to the construction of statues and the appointment of his sister as commissioner of happiness in his state, he came from a humble setting.
Rochas Okorocha’s parents were poor. So he started the fight for survival by selling groceries in Barkin Ladi, Jos and went up to become a business school owner. His current net worth is estimated at $ 1.5 million.
4. Tony Elumelu
Tony Elumelu’s net worth is estimated at $ 1.4 billion, making him one of Nigeria’s richest men 2020.
Previously, he was the CEO of UBA before starting his own company, Heir Holdings. As president of Transcorp and owner of the Tony Elumelu Foundation, he has trained thousands of entrepreneurs across the African continent.
One of his greatest achievements during his time at UBA was the expansion of the bank to a pan-African institution with branches in 19 African countries.
Tony Elumelu’s assets and investments cover the real estate sector, financial services, agribusiness, energy, hospitality and even the health sector.
5. ABC Orjiako
Before joining the business full-time, ABC Orjiako was already a successful orthopedic and trauma surgeon at Lagos University Teaching Hospital and at National Orthopaedic Hospital before establishing his own company.
Orjiako became the CEO of the Shebah E&P Company. It was an oil exploration company with a 40% stake in an OML 108 licensed offshore block. This block is responsible for producing around 8000 barrels per day.
It was in 2010 that Orjiako’s Sheba changed its name to SEPLAT Petroleum Development Company Ltd, after taking on the joint venture between Total and Shell.
Orjiako’s net worth is estimated at $ 1.2 billion. Its assets and commercial interests range from banking, shipping, insurance, health and real estate. He is also the owner of Neimeth Pharmaceuticals International PLC, a major pharmaceutical company in Nigeria.
6. Orji Uzor Kalu
He is one of the richest Igbo men in Nigeria. It also has assets that cost billions. Kalu company’s SLOK group has interests in different areas and sectors of the country. He also owns the new telegraph, the Sun newspapers e.t.c.
7. Cosmas Maduka
Nigeria’s leading businessman, Cosmas Maduka is the country’s second richest man. He is the founder, President / CEO of the Coscharis Group. He started Coscharis Motors as an individual business and, over the years, transformed the organization into an indigenous conglomerate.
8. Pascal Dozie
We write about Pascal Dozie’s net worth. We know that he is also one of the wealthiest entrepreneurs in Igbo land. Pascal G. Dozie is a co-founder, partner, founding partner and non-executive partner of the African Capital Alliance.
He was the founder of Diamond Bank PLC and served as an executive director from 1991 to 2006. He also served as president on the Nigeria Stock Exchange.
9. Tony Ezenna
Chief Tony Ezenna is the president of Orange Drugs Limited. He is among the richest billionaires in the country. He was involved in many philanthropic acts. He is from Imo and is also involved in politics.
10. Ifeanyi Ubah
He recently won the senatorial elections in southern Anambra in 2019. He is also among the country’s rich Igbo businessmen. He is also a philanthropist, owner of oil wells and has investments in various sectors and industries in Nigeria.
Ifeanyi Ubah has Capital oil & gas and also a Nigerian football club, Ifeanyi Ubah FC. His net worth is estimated at $ 200 million and he is among the wealthiest men in the state of Anambra today.
Leo Stan Ekeh
He is among the richest Igbo men in Nigeria, worth mentioning this 2020
Although there are other rich Igbo billionaires like Orji Uzor Kalu, Peter Obi, Emeka Offor, Paschal Edozie etc. not mentioned in this list, those listed above are the top 10 richest Igbo men from Forbes in Nigeria in 2020.