Top 10 richest Igbo men and their networth 2024

Top 10 richest Igbo men and their networth 2024. The Igbo community in Nigeria has significantly contributed to the nation’s economic landscape, with many individuals achieving notable wealth and influence.

Through their entrepreneurial endeavors and business savvy, Igbo men have excelled across various sectors, playing a vital role in driving economic growth and job creation.

Additionally, some have also ventured into politics, further cementing their impact on Nigeria’s socio-economic development.

Overall, their success underscores resilience, determination, and a commitment to excellence, inspiring future generations and contributing to the nation’s progress.

1. Arthur Eze

Arthur Eze stands as a significant figure in Nigeria’s oil and gas industry, serving as the CEO of Atlas Oranto Petroleum, a prominent privately held oil company in the nation. Born and raised in Ukp, Dunukofia Local Government Area of Anambra State, Eze’s journey to success is notable.

In the 1970s, he pursued his education at St. Augustine Secondary School in Nkwere, Imo State. Later, in 1974, he furthered his studies in mechanical and chemical engineering at California State University, marking the beginning of his academic and professional endeavors in the energy sector.

Eze, a respected figure within the Igbo community and a member of the royal family, is often referred to as Prince Arthur Eze.

He holds the esteemed title of “Ozoigbondu” among the Igbo people, signifying his revered status. With an estimated net worth of $5.8 billion, Prince Arthur Eze ranks among Nigeria’s wealthiest Igbo individuals.

His remarkable success and influence extend across various sectors, solidifying his legacy as a prominent figure in both business and society.

2.  Ibeto Cletus M

Cletus Ibeto, born on December 6th, 1952, in Nnewi, Anambra State, has emerged as one of the wealthiest Igbo individuals in Nigeria. Despite his humble beginnings, Ibeto’s entrepreneurial flair has propelled him to remarkable heights of success.

His journey from adversity to affluence serves as a testament to his determination and business acumen.

Today, Cletus Ibeto occupies a prominent position among Nigeria’s richest Igbo men, a reflection of his relentless pursuit of excellence and innovation in the business arena.

Initially establishing himself in the automotive industry by trading motor spare parts, Cletus Ibeto swiftly expanded his business empire into various sectors, including banking, real estate, cement production, and vehicle couplings.

The IBETO Group, under his astute leadership, has become a household name in Nigeria, particularly renowned for its automotive replacement parts production, solidifying Ibeto’s status as a trailblazer in the field.

With an impressive net worth of $3.8 billion, Cletus Ibeto ranks among the wealthiest Igbo individuals globally, owing to the resounding success of his diversified enterprises.

Notably, he is credited with the founding of Innoson Motors, a prominent Nigerian automaker, where he also boasts a substantial ownership stake.

From humble origins in the motor spare parts trade to the establishment of a multifaceted business conglomerate, Cletus Ibeto’s entrepreneurial journey epitomizes vision and resilience.

His remarkable ascent to prominence underscores his pivotal role in shaping Nigeria’s business landscape and solidifies his standing as one of the most affluent Igbo personalities globally.

3. Benedict Peters

Benedict Peters stands out as one of the most affluent Igbo individuals in Nigeria, celebrated for his exceptional achievements in the oil and gas sector.

As the founder and CEO of Aiteo Group, Peters has left an indelible mark on the industry landscape. Born in Ebonyi State and raised in Delta State, his upbringing laid the groundwork for his entrepreneurial journey.

Peters pursued a degree in geography and urban planning from the University of Benin, equipping him with the knowledge and skills essential for his future endeavors.

Under his astute leadership, Aiteo Group has emerged as a key player in Nigeria’s oil and gas sector, elevating Benedict Peters to prominence among the country’s wealthiest Igbo personalities.

At the helm of Aiteo Group, Benedict Peters oversees significant assets in the Nigerian oil and gas industry.

The company holds ownership of Oil Mining Lease 29 (OML) and the Nembe Creek Trunk Line (NCTL) in the Eastern Niger Delta region. Known for his dedication to family as a loving spouse and father of four, Peters has navigated the complexities of the energy sector with finesse, contributing to his considerable wealth.

With an estimated net worth of $3.3 billion, Benedict Peters’ entrepreneurial flair, strategic investments, and effective management of Aiteo Group’s assets have propelled him to prominence as one of Nigeria’s wealthiest individuals and a respected figure within the Igbo community.

4. Emeka Offor

Ezekiel Emeka Offor, born on February 10th, 1957, hails from Irefi Oraifite but was born in Ekwusigo LGA, Kaduna State.

He is widely acknowledged not only for his financial success but also for his philanthropic endeavors. Offor’s journey to success includes crucial guidance and support from Pa Abadi, who provided advice and assistance in securing funding for his ventures, notably his first importation of bitumen through Rivways Lines Nigeria Ltd.

Within a remarkably short span of two years, Offor’s business acumen enabled him to supply significant quantities of bitumen to prominent construction companies such as Julius Berger Nig. Ltd, Fougerolle Nigeria Ltd, and Guffanti Nigeria Ltd.

His ability to seize opportunities and effectively navigate the business landscape propelled him to success, establishing his reputation as a respected entrepreneur within the Nigerian business community.

Emeka Offor’s dedication to business has indeed resulted in significant financial success, with his net worth estimated at $2.9 billion.

As one of the wealthiest Igbo individuals residing in Nigeria presently, Offor’s entrepreneurial endeavors have not only brought him personal prosperity but have also contributed to the economic landscape of the country.

His commitment to business excellence and strategic vision have solidified his position as a prominent figure among the Igbo community and within Nigeria’s business elite.

5. Tony Elumelu

Tony Elumelu, a renowned business magnate from Nigeria, is indeed valued at an estimated net worth of $1.4 billion. Prior to embarking on his entrepreneurial journey, Elumelu served as the CEO of United Bank for Africa (UBA), where he played a pivotal role in its growth and expansion.

Subsequently, he founded Heirs Holdings, a conglomerate with interests in various sectors including finance, energy, hospitality, and real estate

Moreover, Tony Elumelu’s philanthropic efforts have made a significant impact through the establishment of the Tony Elumelu Foundation.

This foundation has been instrumental in empowering thousands of African entrepreneurs by providing them with seed funding, mentorship, and networking opportunities, thereby fostering economic development and job creation across the continent.

Elumelu’s commitment to entrepreneurship and sustainable development has garnered him widespread recognition and cemented his legacy as a leading figure in Africa’s business landscape.

Indeed, Tony Elumelu’s tenure at United Bank for Africa (UBA) marked a transformative period for the institution. Under his leadership, UBA expanded its operations significantly, transitioning from a Nigerian bank to one with a formidable presence across 19 African nations.

Elumelu’s strategic vision and managerial prowess played a crucial role in this expansion, solidifying UBA’s position as a leading pan-African financial institution

As a graduate of Harvard Business School, Tony Elumelu is widely recognized for his contributions to both nonprofit and governmental institutions.

His diverse portfolio of investments spans across various sectors, including financial services, real estate, tourism, agriculture, and healthcare.

These investments are meticulously managed by Heirs Holdings, his investment firm, which serves as a vehicle for driving sustainable economic growth and development across Africa.

6. Ifeanyi Ubah

Ifeanyi Ubah, a prominent figure in Nigeria, is renowned for his multifaceted roles as a businessman, investor, entrepreneur, and philanthropist. He holds ownership of the Nigerian football team, Ifeanyi Ubah F.C., showcasing his passion for sports.

Moreover, Ubah serves as the CEO and owner of Capital Oil and Gas Industries Limited, a leading player in Nigeria’s oil and gas sector.

Ubah’s journey to wealth began with humble beginnings, as he initially ventured into the sale of tire supplies and vehicle replacement parts.

Through his entrepreneurial acumen and strategic investments, he has since built a thriving business empire.

Capital Oil and Gas Industries Limited stands as a testament to his success in the energy sector, solidifying his position as a key player in Nigeria’s economic landscape.

In addition to his business pursuits, Ifeanyi Ubah is known for his philanthropic endeavors, contributing to various social causes and community development projects.

His diverse interests and commitment to excellence have earned him widespread recognition and respect both within Nigeria and beyond.

Ifeanyi Ubah’s passion for the industry has been instrumental in expanding his business ventures beyond Nigeria’s borders.

Leveraging his expertise and dedication, he successfully ventured into exporting tires from Nigeria to neighboring countries such as Ghana, Liberia, and Sierra Leone.

This strategic expansion enabled him to tap into new markets and broaden the scope of his business operations.

As a result of his entrepreneurial pursuits and astute investments, Ifeanyi Ubah’s net worth is estimated to be $1.7 billion.

His remarkable achievements in business, coupled with his commitment to excellence and innovation, have propelled him to prominence as one of Nigeria’s wealthiest individuals.

Ubah’s success serves as an inspiration to aspiring entrepreneurs and underscores the potential for growth and prosperity within the African business landscape.

7. Allen Onyema

Allen Ifechukwu Onyema is indeed renowned for his dedication to promoting peace and harmony among Nigeria’s diverse ethnic groups.

As a Conflict Resolution Expert, he has endeavored to bridge divides and foster understanding among communities, earning admiration for his charitable initiatives aimed at promoting unity and cohesion.

With an estimated net worth of $3 billion, Allen Ifechukwu Onyema’s impact extends beyond his philanthropic efforts.

As the founder and CEO of Air Peace Airlines, he has played a significant role in revolutionizing Nigeria’s aviation sector, providing affordable and reliable air travel services to millions of passengers.

Onyema’s success is reflected not only in his business ventures but also in his penchant for luxury vehicles, including a Rolls Royce, a Mercedes-Benz G-Class, a Landcruiser Prado, a 2019 Toyota Hilux, and airplanes.

His commitment to excellence and innovation has earned him widespread acclaim, making him a respected figure in both the business and humanitarian spheres.

8. Emmanuel Uba

Emmanuel Nnamdi Uba, commonly referred to as Andy Uba, is a prominent Nigerian politician who rose to prominence through his service as the senator for the Anambra South Senatorial District.

In April 2011, he was elected to represent the district under the platform of the People’s Democratic Party (PDP).

Born on December 14th, 1958, in Enugu, Emmanuel Uba received his education at Boys High School in Awkunanaw.

His ancestral roots trace back to Uga in the Aguata Local Government Area of Anambra State.

Throughout his political career, Andy Uba has been actively involved in advocating for the interests of his constituents and advancing the development of his region.

His tenure as a senator has been marked by various legislative initiatives aimed at addressing key issues facing his constituency and contributing to national development.

Emmanuel Nnamdi Uba, also known as Andy Uba, has been a controversial figure in Nigerian politics, including discrepancies regarding his educational background.

Despite claims of attending Concordia University, the university has denied his enrollment, stating that a certain Emmanuel Uba was admitted to the foundation but did not complete the course.

In terms of his wealth, Senator Emmanuel Andy Uba’s net worth is estimated to be around $2.1 billion.

This significant wealth has been attributed to various business ventures and investments over the years.

Uba’s financial success has bolstered his influence in Nigerian politics and society, allowing him to play a significant role in political circles and contribute to various initiatives aimed at societal development.

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