Top 10 Richest Families In Nigeria

Richest Families In Nigeria – Around 80% of the economic activity in the world today is controlled by the wealthiest households.

Forbes claims that a number of wealthy families with billions of dollars’ worth of investments and other assets also have sway in Nigerian society.

Here is a list of 10 of these influential, wealthy Nigerian families and their companies, in no particular order.

1. Briggs Family

Richest Families In Nigeria; The Briggs is listed first. Chief Olu Benson Lulu-Briggs, the founder of the privately held indigenous oil and gas business Moni Pulo Limited (MPL), is the head of this family and one of the richest men in the nation at the present.

The business is based in Port Harcourt. MPL has locations in Lagos and London as well. It is the owner of the OML 114 and is renowned for its proficiency in oil and gas development in the Niger-delta. Operations at MPL are effective and adhere to international standards and specifications.

Mrs. Seinye Lulu-Briggs, Chief Lulu-Briggs’ wife, is another well-known member of the Briggs family. She is not just the CEO of Rachael Hotels Limited, but she is also one of the wealthiest businesswomen in Nigeria.

Prior to working in business, she was employed by the civil service. The family’s investments are worth millions of naira, and they are well-liked in the South.

Chief Dumo Lulu Briggs, a lawyer and former executive director and chief operating officer of Moni Pulo Limited, is another member of the Briggs family who ought to be mentioned.

2. Ibru Family

Richest Families In Nigeria: There will be discussion of money and the Ibru family. This family, one of the most influential in the nation, is the owner of the Ibru Organization, one of the biggest corporations in Nigeria with the greatest staff count.

The company was established in 1956 and has a wide range of interests. Their many enterprises are well-known in the aviation, oil & gas, shipping, banking, and agricultural industries. Michael Ibru himself is the founder of the Ibru Organization.

He had previously worked for United Africa Company between 1951 and 1956 before forming a partnership with Jimmy Large to start Laibru General Trading Company.

Ibru started distributing frozen fish in Nigeria in 1957 as well, becoming a pioneer in this business. As a result, he founded Ibru Sea Foods, a company that specializes in bringing frozen fish into the nation.

Ibru made investments in additional economic areas as time went on, including vehicle transportation, brewing, distribution, fruit cultivation, building, and fuel distribution.

Olorogun Oskar Ibru, Michael’s first child, Felix Ibru, Alex Ibru, Oboden Ibru, and Cecilia Ibru are all well-known family members.

According to reports, Alex Ibru, a former minister of internal affairs from 1993 to 1995, currently serves as chairman of Rutam Motors. Felix Ibru served as Delta State’s previous governor, and Cecilia served as Oceanic Bank’s former CEO and managing director.

3. Okoya-Thomas Family

Richest Families In Nigeria; The affluent Okoya-Thomas family is the brainchild of Prince Molade Okoya-Thomas. He was the chairman of CFAO Nigeria Limited despite arriving late. His father served for 52 years as the organization’s first local employee, according to history.

In 1981, Prince Okoya-Thomas enrolled in the famous Columbia University in New York City to study accounting. After graduating, he went back to Nigeria and started working at CFAO as an accountant before becoming chairman.

Okoya-Thomas also served as a director for the firms Transcap Nigeria Limited, NFI Insurance Company Plc, Gateway Bank Plc, and Niger Motors Industries Limited, among other positions.

Princess Olajumoke Abidemi Okoya-Thomas, who represents Lagos Island I Federal Constituency in the Nigerian Federal House of Representatives, is a notable member of the Okoya Thomas family.

4. Dantata Family

Richest Families In Nigeria; One of the wealthiest families in Nigeria right now is the Dantata family. According to records, Aliko Dangote, a billionaire industrialist, is linked to this influential family.

Alhassan Dantata was the original dealer, dealing in kola nuts, pulverized nuts, and other goods. Alhassan Dantata was reputed to have been one of the richest persons in West Africa during his lifetime.

Other relatives include:

• Ahmadu Dantata (1916-1960) his son and a politician
• Alhaji Abdulkadir Dantata, his grandson
• Alhaji Mudi Dantata (1918-2005) his son who is a successful Businessman
• Aliko Dangote (1957- ) his great grandson and Forbes richest black billionaire in the world
• Aminu Dantata (1931- ) his son and also a businessman
• Mamuda Dantata (1922–1983) his son who is the founder of the West African Pilgrims Association and a currency trader
• Sanusi Dantata (1917-1997) his son and a successful businessman

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5. Fajemirokun Family

Richest Families In Nigeria; The Fajemirokun family is another wealthy family on the list. Although you may not be familiar with this family, they have assets and investments spread all over the nation.

One of the most important industrialists and merchants in the nation was Henry Oloyede Fajemirokun, the ancestor of this family.

Some of Fajemirokun’s accomplishments are well known. He oversaw the talks that resulted in the creation of a merchant bank. He also established Henry Stephen, a pioneering business in Nigeria’s oil sector.

In 1970, this business became the first domestic private oil company to be granted an offshore exploration permit. Richest Families In Nigeria

6. Tejuosho Family

Richest Families In Nigeria; One of the well-liked members of this family is Bisoye Tejuoso. She is an accomplished businesswoman from Abeokuta, Nigeria.

She established the Teju Industries, a foam manufacturer. She is the mother of Oke Ona of Egbaland, Oba Adedapo Tejuosho, the Osile.

Oba Adedapo Adewale Tejuoso, another well-known member of the Tejuosho dynasty, is the father of Lanre Tejuosho. He is a senator and a physician.

Another well-known Tejuosho family member is Adefunmilayo Tejuosho. She is a politician, attorney, and legislator now serving in the Lagos State House of Assembly for the fourth time. Richest Families In Nigeria

7. Tinubu Family

Richest Families In Nigeria; Not only is the Tinubu family one of the wealthiest in Nigeria, but they also hold power in Lagos state.

Bola Ahmed Tinubu, a politician and former governor of Lagos state, is the head of the Tinubu family.
He is also one of the wealthiest lawmakers in the nation, with a Forbes estimate of his net worth at $30 million. He possesses assets, including a private jet, to back up this allegation.

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Another important member of this family is Oluremi Tinubu, who is his wife. She is currently Nigeria’s senator.

8. Saraki Family

Richest Families In Nigeria: The Saraki family is one of the wealthiest political families in the nation, similar to the Tinubu family. They are powerful in the state of Kwara.

Olusola Saraki, Bukola Saraki, and Gbemisola Saraki are a few of the well-known members of the Saraki family who deserve to be mentioned.

Despite his tardiness, Olusola Saraki served as a senator during the Second Republic. 2012 saw his passing.
His son, Bukola Saraki, is the current Senate President of the Federal Republic and the previous governor of Kwara State. Gbemisola, Bukola’s sister, is a currently elected senator. Richest Families In Nigeria

9. Folawiyo Family

Richest Families In Nigeria: Chief Wahab Folawiyo is the ancestor of the Folawiyo family. He established Yinka Folawiyo and Sons, a company that first specialized in import and export companies.

The Yinka Folawiyo Group, which is run by his son Tunde Folawiyo, has a number of investments in real estate, shipping, energy, and agricultural.

10. Igbinedion family

Richest Families In Nigeria: The Igbinedion family comes in last on the list of the wealthiest Nigerian families. The Benin people really value the influence of this dynasty.

Chief Gabriel Igbinedion is the family’s founder. He was given the chieftaincy title of Esama of Benin by the late Oba Akenzua II, a first-class monarch in the nation.

Lucky Igbinedion, a former governor of the state of Edo, is the son of Chief Igbinedion. Millions of dollars are reportedly the value of his holdings.

He is the owner of a number of companies, including an oil refinery, a private bank, diamond, gold, and marble mines, radio station, private university (Igbinedion University), private TV station, and national hotel chains. Richest Families In Nigeria

11. Adeleke Family

One of the household names that is well-known both inside and outside of Nigeria is the Adeleke family. Davido is the most notable member of the family.

Adedeji Adeleke, the father of Davido, established Adeleke University and is the founder and CEO of Pacific Holdings Limited.