Nigeria is home to a vibrant and ambitious generation of entrepreneurs making waves in industries like technology, real estate, energy, and entertainment. While established figures like Aliko Dangote and Femi Otedola dominate headlines, a younger cohort is reshaping the nation’s business landscape. Here’s a closer look at Nigeria’s 10 youngest billionaires, as reported by LMSINT MEDIA.
6. Obinna Iyiegbu (Obi Cubana)
Founder of the Cubana Group, Obi Cubana began his journey with a nightclub in Abuja in 2006. His hospitality empire now includes a chain of luxury clubs, real estate investments, and beverage brands. With a net worth of $500 million, Obi Cubana is a prominent figure in Nigeria’s business and entertainment scene.
2. Sijibomi Ogundele
Born in 1981, Sijibomi Ogundele is the CEO of Sujimoto Construction Limited, a real estate company known for luxury developments. Initially working in SME lending and risk assessment, he transitioned to Nigeria’s real estate market, making his mark with projects like “The Medici” and the highly anticipated LorenzoBySujimoto, which promises to redefine luxury housing in Nigeria.
3. Ladi Delano
Ladi Delano co-founded Moove Africa, a mobility fintech company providing revenue-based financing for ride-hailing drivers across sub-Saharan Africa. Launched in 2019, Moove has raised $174.5 million and partnered with global platforms like Uber. Delano plans to expand across Asia, MENA, and Europe, leveraging his academic background from Oxford University and the London School of Economics.
4. Seyi Tinubu
Seyi Tinubu, son of President Bola Ahmed Tinubu, has carved his niche as the CEO of Loatsad Promo Media Ltd, a leading outdoor advertising firm. Known for placing high-impact ads in Lagos’ prime locations, Seyi’s company serves multinational corporations. His success is supported by his political connections and strategic business acumen.
5. Linda Ikeji
Starting as a blogger in 2006, Linda Ikeji has grown her platform into a media empire. Her blog, Linda Ikeji’s Blog, remains a top source for news and entertainment in Nigeria. Beyond blogging, she has ventured into radio and TV with Linda Ikeji TV, cementing her status as one of Nigeria’s most successful media entrepreneurs.
1. Igho Sanomi
With a net worth of $1 billion, Igho Sanomi is a leading figure in Nigeria’s energy sector. A geologist and founder of Taleveras Group, Sanomi’s ventures span oil, power, telecommunications, and real estate. Established in 2004, Taleveras holds substantial shares in Nigeria’s oil blocs, bolstering Sanomi’s standing as one of Nigeria’s youngest billionaires. His investments also extend to shipping, engineering, and construction.
7. Mark Essien
Mark Essien is the founder of Hotels.ng, Nigeria’s leading online hotel booking platform. Starting in 2013 with a $75,000 investment, the platform has raised over $1 million in funding. Essien is also dedicated to bridging Nigeria’s tech skills gap through his HNG Internships program, which trains software developers.
8. Jason Njoku
As the CEO and co-founder of iROKOtv, Jason Njoku has revolutionized how Nollywood films are distributed globally. Based in Nigeria, iROKOtv is a video-on-demand platform making African films accessible worldwide. Njoku also invests in tech startups, strengthening his influence in Africa’s digital and entertainment industries.
9. Joseph Eze Okafor (Jowizaza)
Better known as Jowizaza, Joseph Eze Okafor is the CEO of Jezco Oil Nigeria Ltd, an independent petroleum marketer established by his father. Under his leadership, the company has expanded its operations. Known for his luxurious lifestyle, Jowizaza also invests in real estate and the automobile industry.
10. Iyinoluwa Aboyeji
Iyinoluwa Aboyeji is a tech entrepreneur and venture capitalist who co-founded Andela and Flutterwave, two of Africa’s most prominent tech startups. He also founded Future Africa, a platform supporting mission-driven startups. Recognized as one of Africa’s most influential leaders, Aboyeji continues to mentor and fund emerging entrepreneurs.
These young billionaires represent a new wave of innovation and enterprise, solidifying Nigeria’s reputation as a hub for talent and opportunity. Their achievements are an inspiration to the next generation of Nigerian entrepreneurs.
READ ALSO:
Kindly Share:
Discover more from LMSINT MEDIA
Subscribe to get the latest posts sent to your email.