Wealth

How Much Money Does Someone Need To Have To Be Considered Rich In Nigeria?

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    • #60976
      OzoIgboNdu1 of Igbo Defender
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      Rank: How Much Money Does Someone Need To Have To Be Considered Rich In Nigeria?

      I saw this question somewhere and considered it interesting to ask us. Is it NGN 1 million, or is it NGN 10 million or what amount?

      In the US someone with $100,000 is considered rich.

    • #61029
      pink
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      Rank: How Much Money Does Someone Need To Have To Be Considered Rich In Nigeria?

      You need N28.7m to consider yourself rich in Nigeria –Report by David Ibemere.

      • #61045
        Shecksman
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        Rank: How Much Money Does Someone Need To Have To Be Considered Rich In Nigeria?

        [quote quote=61029]You need N28.7m to consider yourself rich in Nigeria –Report by David Ibemere.[/quote]

        Are they referring to cash or your net worth?? Some may have business and asset worth more than that but choose to leave a low life…while others may just sell a parcel of land and behave as if they own Nigeria.. personally in my opinion, I think one should be considered Rich when you can meet the your needs and that if your family. (Happiness and contentment been the key)

    • #61031
      Potal
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      Rank: How Much Money Does Someone Need To Have To Be Considered Rich In Nigeria?

      For me, once you have million’s in your account and asserts you are consider rich in Nigeria.

    • #61033
      Yamcybab
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      Rank: How Much Money Does Someone Need To Have To Be Considered Rich In Nigeria?

      For me, if you have N1.5 considered yourself rich

    • #61062
      Potal
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      Rank: How Much Money Does Someone Need To Have To Be Considered Rich In Nigeria?

      You need N28.7m to consider yourself rich in Nigeria –Report by David Ibemere.



      Are they referring to cash or your net worth?? Some may have business and asset worth more than that but choose to leave a low life…while others may just sell a parcel of land and behave as if they own Nigeria.. personally in my opinion, I think one should be considered Rich when you can meet the your needs and that if your family. (Happiness and contentment been the key)I think is referring to both net worth and cash

    • #61127
      Pheranmi
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      Once u are able to feed yourself and ur family u are rich

    • #61128
      Pheranmi
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      To be rich doesn’t mean u should have all the money in life

    • #61129
      Pheranmi
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      @potal has said it all

    • #61130
      Pheranmi
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      Rank: How Much Money Does Someone Need To Have To Be Considered Rich In Nigeria?

      No account of money we are looking for in this world so u will keep on finding the money and u will not meet it

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