Battle of the Yoruba Billionaires: Adenuga overtakes Otedola, becomes second richest Nigerian

We used to know Zenon oil boss Femi Otedola as Nigeria’s second richest person. But now, telecoms magnate Mike Adenuga has overtaken him, according to Forbes. See what they wrote about the 2 Yoruba billionaires bellow. Guess telecommunications is not feeling the pains of the crude oil crash, as Nigerians love talking and therefore Adenuga’s Glo keeps growing. Mr Otedola, diversify your portfolio like Adenuga who has only one foot in oil while the other foot is in telecoms.

3. Femi Otedola: He is the CEO of Zenon Oil and Gas and Forte Oil Plc. He has interest in real estates amongst other sectors. Net Worth: $2.3 billion. Otedola is son of a former Governor of Lagos, Sir Michael Otedola.

2. Mike Adenuga: Mike Adenuga is the second richest man in Nigeria with interest in Oil and Gas and telecoms. He is the owner of Globacom, Nigeria’s second biggest telecom operators and the chairman of Conoil. Net Worth: $10.5 billion.

See the Forbes top 10 richest Nigerians here. Former Governor Orji Kalu, Zenith Bank’s Jim Ovia and UBA’s Tony Elumelu are among those controlling some cool billions according to Forbes.

Categorized as News

By OzoIgboNdu1 of Igbo Defender

Digital marketer and Marketing analyst


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