Top 10 Youngest Billionaires in Nigeria

Nigeria’s young billionaires are making impacts across various industries. While we often hear about established business magnates like Aliko Dangote and Femi Otedola, there’s a new generation of wealthy young Nigerians carving out their niches.

Here are the youngest billionaires in Nigeria: 

1. Igho Sanomi

Igho Sanomi, born on May 17, 1975, has become one of Nigeria’s youngest billionaire businessmen, with a net worth of $1 billion. He has diverse business interests spanning oil, power, logistics, telecommunications, maritime, aviation, and real estate.

As the founder of the Taleveras Group and executive director of Cosmos Oil AG, Sanomi’s influence stretches across several major sectors. He is also known for his philanthropic efforts.

2. Ladi Delano

Ladi Delano, a British-born Nigerian entrepreneur, has made a name for himself with Moove, the world’s first mobility fintech service which he co-founded with Jide Odunsi. Moove provides revenue-based financing to ride-hailing drivers across sub-Saharan Africa and has secured profitable partnerships, including with Uber.

Delano’s educational background from prestigious institutions like the London School of Economics and Oxford University has played a crucial role in his entrepreneurial success.

3. Sijibomi Ogundele

Sijibomi Ogundele, born on April 8, 1981, is the CEO of Sujimoto Construction Limited, a key player in Nigeria’s luxury real estate and hospitality sectors. His company’s flagship projects include Medici and LorenzoBySujimoto in Ikoyi, which are redefining luxury living in Nigeria. Ogundele’s vision is to revolutionise luxury real estate across Africa starting with Nigeria.

 4. Seyi Tinubu

Seyi Tinubu, the son of Nigeria’s former APC leader and now president, Bola Ahmed Tinubu, has emerged as a significant figure in the Nigerian business and political scenes. He is the CEO of Loatsad Promo Media Ltd, a leading outdoor advertising company. His company enjoys preferential access to advertising spaces in Lagos, significantly boosting its success.

5. Linda Ikeji

Linda Ikeji, born on September 19, 1980, is a renowned Nigerian blogger, writer, and entrepreneur. Starting her blogging career in 2006, she has grown her website into one of the most visited sites in Nigeria. Ikeji has also expanded into online radio broadcasting, operating from her media office.

6. Obinna Iyiegbu (Obi Cubana)

Obinna Iyiegbu, widely known as Obi Cubana, is a prominent businessman and entertainer. He started his career by founding a nightclub in Abuja in 2006 and later established the Cubana Group, which now includes clubs, hotels, and a brand of bitters. His ventures have made him one of Nigeria’s richest and most influential figures.

7. Mark Essien

Mark Essien, born on December 18, 1980, is an entrepreneur and software developer. He founded Hotels. ng, one of Nigeria’s first online hotel booking platforms. Essien’s company has attracted significant investment, securing over $1.2 million from international investors, establishing it as a major player in Nigeria’s tech ecosystem.

 8. Jason Njoku

Jason Njoku is the co-founder and CEO of iROKOtv, a video-on-demand service for Nigerian movies. Born and raised in London, Njoku returned to Nigeria to launch his company, which has impacted the Nollywood industry.

9. Joseph Eze Okafor (Jowi Zaza)

Joseph Eze Okafor, better known as Jowi Zaza, is a young billionaire and the CEO of Jezco Oil Nigeria Ltd. His wealth stems from his family’s longstanding involvement in the oil and gas sector. He is also known for his socialite lifestyle within elite Nigerian circles.

10. Iyinoluwa Aboyeji

Iyinoluwa Aboyeji, born on March 28, 1991, is a co-founder of Andela and former managing director of Flutterwave. His ventures are aimed at building the tech infrastructure in Africa. Aboyeji is also actively involved in Future Africa, a platform that supports mission-driven innovators.