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Discover the top 5 richest Igbo men in Nigeria for the year 2023. These successful entrepreneurs have made significant contributions to the country’s economy through their investments in various sectors. Learn about their net worth, business ventures, and inspiring success stories. Aspiring entrepreneurs can find inspiration and learn about the potential for wealth creation in Nigeria from these top Igbo billionaires.
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The Richest Igbo Men in Nigeria – Top 10 Ranking
In Nigeria, the Igbo people have contributed significantly to the country’s economy and business landscape. Known for their entrepreneurial spirit, several Igbo individuals have amassed great wealth through various ventures.
Below, we will explore the top five richest Igbo men in Nigeria in 2023, highlighting their achievements and net worth.
1. Arthur Eze – Net worth $5.8 billion
Arthur Eze, born on November 27, 1948, in Anambra State, is currently the richest Igbo man in Nigeria.
He attended St. Augustine Secondary School in Nkwere, Imo State, before furthering his education in Mechanical and Chemical Engineering in the United States.
Arthur Eze’s investments in the Nigerian Oil and Gas sector, particularly as the CEO of Atlas Oranto Petroleum, have earned him a net worth of $5.8 billion, making him the wealthiest Igbo man in Nigeria.
2. Cletus M. Ibeto – Net worth $3.8 billion
Cletus Ibeto, born on December 6, 1952, in Anambra State, has risen from humble beginnings to become one of the wealthiest Igbo men in Nigeria.
He started his business in the transportation industry, selling motor spare parts, and gradually expanded into various sectors such as banking, real estate, cement production, and petrochemicals.
The IBETO Group, under his leadership, is now the largest manufacturer of automotive spare parts in Nigeria.
With a net worth of $3.8 billion, Cletus Ibeto’s successful investments have secured his position as one of the top Igbo billionaires.
3. Benedict Peters – Net worth $3.3 billion
Benedict Peters, originally from Delta State but born in Ebonyi State, is a wealthy businessman and philanthropist.
He founded the Aiteo Group, a company focused on the energy and gas sector.
The Aiteo Group has stakes in Oil Mining Lease 29 (OML) and Nembe Creek Trunk Line (NCTL), making it a significant player in the Nigerian gas sector.
With a degree in Geography and Urban Planning from the University of Benin, Benedict Peters’ net worth is estimated at $3.3 billion.
4. Allen Onyema – Net worth $3.1 billion
Allen Onyema is not only a successful businessman but also a patriotic citizen of Nigeria. He has been instrumental in promoting unity in the country and has been recognized as a “Conflict Resolution Expert.”
As the owner and CEO of Air Peace, a leading indigenous airline, Allen Onyema has made significant contributions to the aviation industry.
His net worth is estimated at $3.1 billion.
5. Emeka Offor – Net worth $2.9 billion
Emeka Offor, born on February 10, 1957, in Kaduna State, is a respected businessman and philanthropist.
He is involved in the importation of bitumen through his company, Rivways Lines Nigeria Ltd. Emeka Offor’s business acumen and partnerships with construction firms have allowed him to amass a significant fortune.
His net worth is estimated at $2.9 billion.
6. Andy Uba – Net worth: $2.1 billion
Andy Uba, born on December 14th, 1958, is a prominent politician and lawmaker. Uba served as a senator for the Anambra South Senatorial District under the Peoples Democratic Party (PDP) where he made a name for himself in Nigerian politics.
Alongside his political career, he has accumulated a net worth estimated at $2.1 billion.
7. Ifeanyi Patrick Ubah – Net worth: $1.7 billion
Ifeanyi Ubah is a well-known Nigerian businessman, investor, entrepreneur, and philanthropist.
He gained recognition as the owner of Ifeanyi Ubah F.C., a Nigerian football club. Ubah’s success story began with selling auto spare parts and tire supplies.
With determination and business acumen, he expanded his operations beyond Nigeria, exporting tires to Ghana, Liberia, and Sierra Leone.
His net worth is currently estimated at $1.7 billion.
8. Rochas Okorocha – Net worth: $1.5 billion
Rochas Okorocha, born on September 22nd, 1962, hails from Imo State. Before entering politics, Okorocha established himself as a philanthropist and businessman.
In 2018, he was recognized as the richest politician in Nigeria. Okorocha served as the governor of Imo State and later became a senator representing the Imo West Senatorial district.
He is also the founder of the Rochas Foundation, an NGO dedicated to providing education for the less privileged. His current net worth stands at $1.5 billion.
9. Innocent Ifediaso Chukwuma – Net worth: $1 billion
Dr. Innocent Ifediaso Chukwuma, popularly known as Innocent Chukwuma or Innoson, was born on October 1st, 1961, in Anambra State, Nigeria.
He is the owner and Chairman of Innoson Group of Companies, the leading African automobile company.
Through his company, he has revolutionized vehicle manufacturing in Africa and Nigeria. Chukwuma’s net worth is currently estimated at $1 billion.
10. Cosmas Maduka – Net worth: $800 million
Cosmas Maduka, a prominent businessman, investor, and philanthropist, is the founder of Coscharis Group.
The company specializes in automobile sales and parts, as well as ICT, petrochemicals, agriculture, and other business lines.
As a brand distributor for top auto brands such as BMW, Range Rover, and Ford, Maduka has achieved remarkable success.
His net worth is currently estimated at $800 million.
