Curious about who the richest men in Nigeria are? Are you even more curious about the kind of lifestyle they enjoy- the cars they car, and their private jets? If you answer yes to the above, then you are definitely on the right page. Ensure you read till the end to know the 2022 richest men in Nigeria, their cars and private jets. Enjoy!

Richest Men in Nigeria

The table below contains the names, net worth, age, and primary source of wealth of Forbes’ richest men in Nigeria for the year 2022.

RankNameNet worthAgeSource of Wealth
1ALIKO DANGOTE$14.1 billion64Cement and Sugar
2ABDUL SAMAD RABIU$7 billion68Cement and Sugar
3MIKE ADENUGA$6.7 billion59Telecommunication, Oil and Gas
4FEMI OTEDOLA$5.9 billion61Oil and Gas
5ARTHUR EZE$5.7 billion73Oil and Gas
6ORJI UZOR KALU$3.2 billion69Furniture, Publishing


Number one on our list is none other than the richest man in Nigeria and Africa- Aliko Dangote. Aliko Dangote is a household name, almost every Nigerian knows the name and even uses his product. Aliko Dangote is the CEO of the Dangote Group which is involved in the manufacture of salt, cement, spaghetti, flour etc. 

Aliko Dangote has been awarded several accolades including; the “Grand Commander Of the Order of the Niger” (GCON) by former President Goodluck Jonathan in November 2011. When it comes to the richest man in Nigeria and Africa, the name that immediately comes to mind is Aliko Dangote. 

Net worth: His staggering net worth is $14.1 billion (8.04 trillion NGN).

Cars: His expensive garage has cars like:

  • Bugatti Veyron worth $2, 000,000
  • Maybach 57S Knight luxury
  • Bentley Mulsanne

Private Jets: Aliko Dangote bought a private aircraft named Bombardier’s Global Express XRS from Montreal Canada. The jet was delivered to Murtala Muhammad International airport in Lagos on the celebration of Aliko’s 53rd birthday. It’s reported to cost $45 million, which translates to 16.3 billion naira. 


Abdul Samad Rabiu is a Nigerian billionaire, entrepreneur and seasoned industrialist well known for his expertise in commodity trading. He is the founder and Chief Executive Officer of BUA  Group, a Nigerian conglomerate with an interest in agriculture, infrastructure, manufacturing, logistics, and port operations. 

Net worth: Abdulsamad Rabiu’s net worth is estimated at a whopping  $7 billion (4 trillion NGN).

Cars: Check out his luxurious car collection consisting of:

  • Toyota Prado SUV
  • Range Rover Sport
  • Mercedes Benz G-Wagon
  • Mercedes Benz S-class

Private Jets: For the ease and comfort of travelling, the billionaire also owns a Gulfstream G550 private jet.


Mike Adenuga is the CEO of Globacom- Nigeria’s second-largest telecommunication provider after MTN. Globacom also has a presence in Benin, Ivory Coast and Ghana. He owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly Consolidated Oil Company). He made his fortune in the oil business and telecommunications. 

Mike Adenuga has prestigious titles and honours to his name including Grand Commander of the Order of the Niger by the government of Nigeria; a Yoruba tribal chieftaincy as the Otunba Apesin of the Ijebu clan etc.

Net worth: Mike Adenuga has a mouth-watering net worth of $6.7 billion (3.8 trillion NGN).

Cars: His garage is adorned with exotic cars like

  • Bentley Continental GT, 
  • Rolls Royce
  • Mercedes Benz AMG G63
  • Armored Bentley Mulsanne

Private Jets: Mike Adenuga is one of the few who own, not just one, but two private jets. The business tycoon uses these jets for his global itinerary. They include a Bombardier Global 5000 (worth ₦16.6 billion), and a Dassault Falcon 7x worth ₦19.6 billion.


In most Nigerian hip-hop songs, musicians tend to use Femj Otedola as a symbol of how wealthy they want to be. Indeed, Femi Otedola is a wealthy man considering his mouth-watering net worth of $5.9 billion. Born on the 4th of November 1962 in Ibadan, Femi Otedola is a well-known CEO, entrepreneur and philanthropist. He is the father of a famous Nigerian disc Jockey; DJ Cuppy.

Femi Otedola was born in the family of Sir Michael Otedola and Lady Doja on the 4th of November 1962 in Ibadan, Nigeria. His father served as governor of Lagos State from 1992 to 1993. He studied at Obafemi Awolowo University from 1980 to 1985.

Net worth: He has a whooping net worth of $5.9 billion (3.4 trillion NGN).

Cars: His expensive car lists include

  • A Mercedes-Benz AMG G63
  • A Mercedes Benz G-Wagon
  • A Mercedes SLR McLaren
  • A Rolls-Royce Phantom
  • BMW 6 series

Private Jets: Femi Otedola cruises around in his private jet worth billions of naira. His private jet is furnished with a luxurious bedroom, a dining area, a living room, and a business cabin for business passengers who might want to travel in the jet.


Arthur Eze represents a force to be reckoned with in the Nigerian Oil and Gas sector. He is the Chief Executive Officer of Atlas Oranto Petroleum, one of the biggest privately-owned petroleum companies in Nigeria.

Born on the 27th of November 1948 in Ukp, Dunukofia LGA, in Anambra State, Arthur Eze had his secondary school education at St. Augustine Secondary School in Nkwere, Imo State in 1970 after which he went for his degree in Mechanical and Chemical Engineering at  California State University from 1974.

Besides being a rich businessman, Arthur Eze is also from a royal family, hence he is often called Prince Arthur Eze. His traditional title is ‘Ozoigbondu’ of Ndi Igbo.

NET WORTH: Arthur Eze has an estimated net worth of $5.7 billion (3.2 trillion NGN).


  • 5 Rolls Royce
  • Mercedes Benz

Private Jets: Arthur Eze’s private jet is the Bombardier Challenger which he travels in for business and pleasure trips. He is also the owner of a Falcon plane that he bought in 2015. The price of these private jets is mouth-watering; it’s worth billions of naira.


Orji Uzor Kalu is a Nigerian businessman, entrepreneur and politician. He is the chairman and founder of SLOK Holding and the Daily Sun and New Telegraph newspapers in Nigeria. He also served as the Executive Governor of Abia state from 29 May 1999 to 29 May 2007.

Net worth: Orji Uzor Kalu is indeed a stupendously wealthy man. His net worth is estimated at $3.2 billion (1.82 trillion NGN).

Cars: His garage is graced with exotic cars like

  • Bentley Continental GT
  • Range Rover

Private jets: It’s not unusual for the richest men in Nigeria to have private jets. Orji Uzor Kalu has a Gulfstream G650, is said to be worth about N12 Billion and arrived at the Murtala Muhammed International Airport Lagos from New York. 


There you have it! The wealth and lifestyle of the richest men in Nigeria are mouth-watering. These men keep scaling their businesses, and hence get more wealth they can spend to live a luxurious life.

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