Do you want to know the top 20 richest youth in Nigeria? If you want to know, stay tuned to this article as we delve into the list of the top 20 richest youth in Nigeria.
This group consists of trailblazing entrepreneurs. They have defied the odds, shattered barriers, and amassed substantial wealth. Remarkably, they achieved this at a young age.
Overview of Top 20 Richest Youth in Nigeria
1. Sijibomi Ogundele – $1.8 billion
Sijibomi Ogundele, aged 37, stands out as one of Nigeria’s youngest billionaires. A versatile entrepreneur, venture capitalist, and real estate mogul. He draws inspiration from Dr. Sujimoto Koga, a Japanese professor.
Ogundele began his business journey in Lagos’s Agege area, ultimately becoming the CEO of the Sujimoto Group. This conglomerate operates in real estate, finance, and energy, propelling Ogundele to the status of the richest young man in Nigeria, boasting a staggering net worth of $1.8 billion, according to 360Report.
2. Igho Sanomi – $1 billion
Born on May 17, 1975, in Agbor, Delta State, Igho Sanomi, aged 47, is the executive director of Cosmos Oil AG and founder of Taleveras, a commodities trading company. Taleveras, led by Sanomi, operates in oil trading, the power sector, and investments in oil-producing assets across Nigeria, Cote d’Ivoire, and Equatorial Guinea.
As the son of a former Assistant Inspector General, Sanomi’s diverse business ventures in energy, construction, and power contribute significantly to his estimated net worth of $1 billion, making him the second youngest billionaire businessman in Nigeria, according to Forbes. In 2019, Taleveras achieved substantial success, with annual revenues reaching $1.2 billion.
3. Obi Cubana – $500 million
Obinna Iyiegbu, popularly known as Obi Cubana, is a multifaceted Nigerian businessman, entertainer, entrepreneur, philanthropist, and the owner of the renowned Cubana group.
Born on April 12, 1975, in Oba, Anambra State, he is 45 years old as of 2020. Obi Cubana has gained significant wealth and influence, with an estimated net worth of $500 million, attributed to his diverse income streams, properties, and assets.
His impressive car collection includes two Lexus LX, a Mercedes-Benz 4matic S450, a Range Rover, a Rolls-Royce Phantom, and more.
4. Kenneth Bramor – $500 million
Chief Kenneth Bramor, a prominent Nigerian billionaire in oil and gas, hails from humble beginnings, aspiring to create an empire with determination. Notably recognized for his opulent marriage to interior designer Ehi Ogbebor in 2017.
Bramor is a key figure at Saipem Contracting Limited. Despite keeping personal details private, he’s acknowledged as one of the wealthiest in the Niger Delta region, with an estimated net worth exceeding $500 million. This solidifies his stature as a renowned figure in Nigeria’s oil and gas industry.
5. Allen Onyema – $300 million
Allen Ifechukwu Onyema, born March 28, 1964, is the Founder of Air Peace, a thriving Nigerian airline founded in 2013 to generate job opportunities. A legal scholar, Onyema studied law at the University of Ibadan.
Beyond aviation, he established Continental Business Links Ltd. Married at 27 to Alice Ojochide, the couple has four children. Facing personal challenges, including his mother’s death in 1993, Onyema’s success extends to a net worth of $300 million.
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An avid car enthusiast, he owns luxury vehicles like Rolls Royce and Mercedes-Benz G-Class, contributing significantly to Nigeria’s aviation sector and economic growth.
6. Jowi Zaza – $150 million
Jowi Zaza, or Joseph Eze Okafor, Jr., a 36-year-old Nigerian billionaire, is often mistaken for a Yahoo boy due to his substantial wealth. He began his education at Sacred Heart Seminary Nsude, later attending Madonna University Okija and pursuing post-graduate studies in the UK.
As the CEO of Jezco Oil and Lubricants, he follows in his father’s footsteps, Chief Joseph Eze Okafor, an oil magnate. Jowi Zaza’s net worth is $150 million, and his impressive car collection includes a Lamborghini Aventador, a Rolls Royce Cullinan, a Bentley Continental GT, a Brabus G Wagon, a Mercedes Benz 4matic, and a Rolls Royce Phantom.
7. Kennedy Okonkwo – $80 million
Kennedy Okonkwo, born on October 12, 1977, is a Nigerian businessman and real estate entrepreneur, known as the founder and CEO of Nedcomoaks Limited.
Raised in Lagos, he earned a BSc in psychology from the University of Ibadan and an MBA from Lagos State University. Forbes Africa featured him in 2018, acknowledging him as an innovative real estate entrepreneur.
Dr. Kennedy Okonkwo’s company, Nedcomoaks Limited, has swiftly risen to prominence, contributing significantly to Nigeria’s residential real estate sector, employing thousands, and boasting annual revenues of over ₦15 billion. His estimated net worth, as per Within Nigeria, stands at $80 million.
8. E-Money – $55 million
Emeka Okonkwo, also known as E-Money, is an entrepreneur, philanthropist, and CEO of 5-Star Music. Born on February 18, 1981, in Ajegunle, Lagos State. He is the younger brother of musician Kcee.
E-Money, with an estimated net worth of N10 billion, is a key player in the oil and gas industry, car dealing, and other businesses. As the CEO of Five Star Group and Emy Cargo Limited, established in 2007, E-Money is known for his extravagant lifestyle, reflected in his car collection featuring a Mercedes Benz Sprinter, Lexus LX 570, Rolls Royce, Maybach 62s, and Toyota Land Cruiser Prado, contributing to his overall net worth of $55 million.
9. Linda Ikeji – $45 million
Linda Ikeji, a renowned Nigerian blogger, entrepreneur, and CEO of Linda Ikeji Media, started her blog in 2006, evolving it into a multi-billionaire business covering advertising, movie streaming, information marketing, and real estate.
With numerous companies advertising on her platform, Linda Ikeji has substantial real estate investments, notably her ₦2 billion Banana Island mansion.
Her net worth is estimated at $45 million, complemented by a luxury car collection featuring Bentley Mulsanne, Infinix FX35, Land Rover Autobiography, Range Rover, Toyota Camry, and more.
10. Jason Njoku – $40 million
Jason Chukwuma Njoku, CEO of iROKOtv, a prominent video-on-demand service for Nigerian movies, is recognized for his entrepreneurial prowess. Born on December 11, 1980, and raised in London.
He co-founded iROKOtv after several failed business attempts. As the co-founder of SPARK, a $2 million investment vehicle for Lagos-based startups, Jason invests in companies like Drinks.ng, ToLet.com.ng, and Hotels.ng.
With a net worth of over $40 million, he’s lauded by Forbes and CNBC, and his car collection includes the Range Rover Evoque, Lexus LX 570, and Toyota Highlander.
11. Ladi Delano – $30 million
Ladi Delano, founder of Solidarnosc Asia, a Chinese alcoholic beverage company, and CEO of Bakrie Delano Africa, valued at $1 billion, operates in mining, agriculture, and the oil and gas sector. Solidarnosc Asia produces the premium vodka brand Solid XS. Forbes recognizes him as a major player in Nigeria, with a net worth exceeding $30 million.
12. Cubana Chief Priest – $17 million
Pascal Chibuike Okechukwu, known as Cubana Chief Priest, was born on April 2, 1981, in Umuhu Okabia, Imo State, and rose from shoemaking to becoming a nightlife mogul. Formerly the GM at Cubana Hotel, Owerri, his encounter with Davido transformed his career.
Launching Club Xhrine in Owerri, he achieved widespread success. Bagging a Doctorate in Event and Luxury Hospitality Management, Cubana Chief Priest, with a net worth estimated at $17 million, is a prominent Nigerian businessman, entrepreneur, and show promoter.
13. Mompha – $15 million
Ismaila Mustapha, popularly known as Mompha, is a Nigerian social media figure recognized for his opulent lifestyle. Born on June 16, 1979, he manages the Mompha Bureau De Change in Lagos and frequently travels between Nigeria and the UAE. As CEO, he showcases his family on social media and owns a fleet of luxury cars, including a Rolls-Royce Wraith Eagle VIII. With an estimated net worth of $15 million, Mompha is among Nigeria’s wealthiest individuals, claiming his true worth exceeds $50 million.
14. Emmanuel Emenike – $12 million
Emmanuel Emenike, a former Super Eagle, led Nigeria to victory in the 2013 African Cup of Nations. This achievement earned him the Golden Boot Award. He was born on May 10, 1987, in Otuocha.
He played for clubs like Spartak Moscow, Fenerbahce, and West Ham United. Emenike, with a net worth of $12 million, ranks among Nigeria’s wealthiest footballers. His exotic fleet includes a custom-made G-Wagon and a Range Rover Sport.
15. Man Like Chico – $6.2 million
Chibuzor Madubuko, also known as Man Like Chico, is a wealthy Nigerian billionaire renowned for his opulent lifestyle. Born on June 3rd to Chief Chinedu Benson Madubuko and Mrs. Chinelo Madubuko, Chibuzor is the Director of De Chico Group. The conglomerate specializes in roofing, insulation, and related materials.
His net worth is estimated at $6.2 million. His car collection features vehicles like the Rolls-Royce Phantom, Lamborghini Urus, Bentley, Mercedes G-Wagon, BMW, Toyota Hilux, and Range Rover Sports..
16. Ehi Ogbebor – $6 million
Ehigozie ‘Ehi’ Ogbebor, born on June 15, 1985, is a prominent Nigerian businesswoman. She is the CEO of Sayaveth Interiors and Hotels, considered one of Southern Nigeria’s largest interior décor firms. Born in Benin City, Edo State, to Mr. and Mrs. Ogbegbor, she graduated in microbiology from Ambrose Alli University.
Ehi is recognized as one of Nigeria’s wealthiest entrepreneurs, with an estimated net worth of $6 million. She has expanded her services internationally, solidifying her influence in the business world.
17. Mark Anthony Essien – $5 million
Mark Essien is the CEO of hotels.ng, Nigeria’s first online hotel booking site. He’s a young entrepreneur, startup investor, and software engineer in his early thirties. Born in Ikot Epene, Akwa Ibom State, he was featured in Forbes’ list of the top 30 youngest African entrepreneurs in 2015.
Mark Essien’s estimated net worth will exceed $5 million in 2023. His car collection comprises a modest Mercedes-Benz E-Class and a Toyota Highlander.
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18. Obi Franklin – $4 million
Ubi Franklin is the CEO of Made Men Music Group (Triple MG). He is also a talent manager who has worked with top artists like Selebobo, Iyanya, and Tekno.
former assistant to comedians Julius Agwu and Ayo Makun. He’s also the Special Adviser of Tourism to the Governor of Cross Rivers State. Franklin, a father of four, is the owner of businesses like Instant Pickup, Instant Apartment, and Instant Ryde. As of 2023, his estimated net worth is $4 million.
19. Hon. Friday, Ossai Osanebi – $2.4 million
Hon. Friday Osanebi, 42, a graduate of Material and Metallurgical Engineering, is known as Mr. Empowerment in Delta State. A former deputy speaker of the Delta State House of Assembly, he’s the youngest legislator in the assembly.
He is also a businessman and investor; he owns Westline Hotels in Lekki, Lagos. Married with three children, his net worth is $2.4 million.
20. Kcee – $2 million
Kingsley Chinweike, popularly known as KCee, is a Nigerian musician from Amaputu, Anambra State. Formerly part of the group KC Presh, he gained solo success with hits like Limpopo and Pullover.
Kcee, the elder brother of E-money, boasts an estimated net worth of $2 million. He is the owner of luxury cars, such as a gold-plated Cadillac Escalade and a Mercedes-Benz G-Wagon..
Conclusion on Top 20 Richest Youth in Nigeria
The top 20 richest youth in Nigeria represent more than just financial success. They embody a new wave of aspiration, tenacity, and invention, reshaping the nation. Their accomplishments showcase the diverse opportunities in Nigeria’s evolving economic landscape. These young achievers serve as inspiration for the next generation of professionals and entrepreneurs.
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