{"id":82901,"date":"2023-06-15T11:32:06","date_gmt":"2023-06-15T10:32:06","guid":{"rendered":"https:\/\/buzznigeria.com\/?p=82901"},"modified":"2023-06-15T11:32:10","modified_gmt":"2023-06-15T10:32:10","slug":"top-10-richest-families-in-nigeria","status":"publish","type":"post","link":"https:\/\/buzznigeria.com\/top-10-richest-families-in-nigeria\/","title":{"rendered":"Top 10 Richest Families in Nigeria"},"content":{"rendered":"
Family wealth is predominant in Nigerian and throughout the world and contributes to the overall economic growth of any financially powerful country. It is the key to building a transformative and sustainable future. In Nigeria, some families have tried to sustain their financial strength through good work ethics and other factors, building impressive net worths in the process. So, who and who are among the richest families in Nigeria? We have the list right here.<\/p>\n
<\/a><\/p>\n There is no mention of the wealthiest families in Nigeria without the Dangote family headed by Aliko Dangote<\/a>. He is a Nigerian businessman and industrialist listed as the wealthiest man in\u00a0 Africa for ten years in a row, with a net worth of around $13.5 billion. The Dangote family owns the Dangote Group, with Aliko himself as the CEO. The Dangote Group is the largest industrial conglomerate in West Africa, with various divisions like Dangote Cement, Dangote Flour, Dangote Sugar, and Dangote Refinery.<\/p>\n Dangote’s father, Al-Hassan Dantata, was also a wealthy businessman. He was a major supplier of raw materials in the colonial era. As of 1950, he was one of the richest men in West Africa. Other famous businessmen in the family include; Mamuda Dantata and Mudi Dantata.<\/p>\n Not much is known about Dangote’s family members except for Halima Aliko Dangote<\/a>, his second daughter, a renowned businesswoman. Halima is the executive director of commercial operations and a Board member of the Dangote Group.<\/p>\n <\/a><\/p>\n Headed by Abdul Samad Rabiu, the Abdul Samad family is second on our list of richest families in Nigeria. The Abdul Samads are owners of the BUA Group, which is a Nigerian conglomerate concentrating on manufacturing, infrastructure, and agriculture.<\/p>\n Abdul Samad started his business importing rice, edible oil, flour, iron, and steel – a business he inherited from his father Isyaku Rabiu. He extended further into steel, producing billets, importing iron ore, and constructing multiple rolling mills in Nigeria. The family is known for owning the $900 million cement plant in Edo State and two flour-milling plants in Lagos and Kano.<\/p>\n Abdul Samad has 42 siblings, including Nafiu Rabiu and Rabiu Rabiu, the chairman of IRS Airlines. His children include Isyaku Rabiu, Junaid Rabiu, Rukaiya Rania Rabiu, and Khadijah Rabiu. Not much is known about Abdul Samads’ except for Isyaku Rabiu, who was a member of the board of directors of BUA Foods before he resigned in 2022.<\/p>\n <\/a><\/p>\n The Adenuga<\/a> family is one billionaire family in Nigeria worthy of mentioning in this list. The Adenuga family has a strong legacy in Nigeria, with their businesses impacting various sectors of the economy, including telecommunications, banking, and petroleum. The family is headed by a famous billionaire businessman and the sixth richest person in Africa, Chief Michael Adeniyi Agbolade Ishola Adenuga Jr. He is the son of \u00a0Oloye Michael Agbolade Adenuga Sr, a school teacher, while his mother, Omoba Juliana Oyindamola Adenuga was a businesswoman of royal Ijebu descent.<\/p>\n Taking a leaf from his mother’s business acumen, Mike Adenuga built his fortune in telecom and oil production. However, he started off selling fabrics and made his first million at the age of 26. The Adenuga family are owners of Globacom, Nigeria’s third-largest telecommunication industry. Aside from telecommunications, the family also has interests in real estate, oil and gas, and banking.<\/p>\n Oyin Adenuga is Mike Adenuga’s eldest daughter; she worked at Equatorial Trust Bank as a Senior Manager and with Consolidated Oil as an Executive Director. Presently, she runs Imaginative Buying Services. Eniola, Bella Disu, and Paddy Adenuga are also some of Mike Adenuga’s children that are involved in the family business. His youngest daughter, Sade Adenuga, is a lawyer in the United States.<\/p>\n2. Abdul Samad Family \u2013 $8.6 Billion<\/strong><\/h2>\n
\n
3. Mike Adenuga Family – $6.3 Billion<\/strong><\/h2>\n
\n
4. Tinubu Family \u2013 $4 Billion<\/strong><\/h2>\n
\n