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STANROD NIGERIAN RICHLI$T Compiled and Edited by Joseph Ogoke Chief Strategist, JR STANROD+ NIG LTD

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STANROD

NIGERIANRICHLI$TCompiled and Edited byJoseph Ogoke

Chief Strategist, JR STANROD+ NIG LTD

Introduction

In Nigeria, a typical discussion amongst young guys during a regular hang out most especially after a few drinks is the financial status of successful Nigerians.financial status of successful Nigerians.

After a lot of raised voices, the discussion attempts to find a resolution by speculating on the amount of cash and assets the said individual has and at one point the argument would begin to dissolve due to lack of adequate information to buttress their point. The stubborn ones however, will remain steadfast about their position and would feel very confident about their information which is mostly based on PRIVILEGED HEARSAY. This scenario happens in every 7 out of ten of such gatherings daily.

To solve that dilemma we came up with the only comprehensive study of the Nigeria’s top tier segment of the affluent population in the past 56 years as an independent nation.

This is the inaugural edition of this groundbreaking report is aimed at top-level corporate executives, business people, aspiring and budding entrepreneurs , general public and international investors interested in doing business in Nigeria

At the uppermost levels of the wealth stratosphere in Nigeria, ALIKO DANGOTE is the king but he alone cannot be responsible for the driving the economic growth of the country. He is just one of the numerous economic growth of the country. He is just one of the numerous GAMECHANGERS in Nigeria driving the emerging economy and putting Nigeria on the global view in especially in the areas of energy, finance, telecommunications, services, entertainment and technology industries in the process generating employment and creating wealth for themselves.

We give you the most complete and authoritative accounting of individual and family wealth ever produced in Nigeria.

JR STANROD+ NIGERIAN RICHLIST

The Combined Wealth Of The 600 Billionaires Is $178.94billion

$178,940,000,000And if they are feeling really charitable, they could share their wealth to every single Nigerian and in that case, we would all get

N301,442 eachfor all 187 million Nigerians

Dr. Ifeanyi P. UbahChairman, Capital Oil & Gas Industries ltd

A basic networth of

That is enough to buy

220

$20,000,000is needed to make the list

220units of 2016 Range Rover at $90,000 per unit

male576

Male vs Female

inherited 9%

Inherited vs Self madeThe Stats

female29

male

9%

self made 91%

inherited self made

Dr Stella OkoliChairperson, Emzor Pharmaceutical Industries ltd

Industries where their fortunes are derived

Financial services Real Estate and Construction

Oil and Energy Manufacturing

Computer/Tech/Web Food and Restaurants

Consumer Retail Advertising Consumer Retail Advertising

Automobile assembly and distribution Logistics services

Agriculture Medical and Pharmaceuticals

Media and Entertainment Travel and Tourism

Outsourcing

Top 5 most unusual source of

wealth

Olatunde Agbato $40million

Kene Mparu $30million fortune comes

from his active involvement in the movie

industry his companies

FILMHOUSE CINEMAS GROUP the operator the

largest chain of modern movie cinemas in Nigeria

with branches in Surulere, Apapa, Port

Harcourt, Ibadan, Asaba and Kano

Adewunmi Ogunsanya$220million fortune actually comes from

DStv and GOtv direct-to home pay TV

platforms with over 8.3million subscribers

on both platforms enjoying the widest Olatunde Agbato $40million

fortunes is impressive to anyone in poultry

and allied products business his FUNTUNA

FARMS NIG LTD is a large poultry farm on 50

hectares in Ogun state with 1 million point-

of-lay chickens producing 105.12 million eggs

annually

on both platforms enjoying the widest

range of local and international television

and radio channels

Murtala Nyako $200million fortune comes

from agriculture but what makes most of us wonder isthat most of it came from his impressive mangofarming operation located on 140 hectares with 55,000assorted mango trees in Adamawa the largest of such inNigeria producing over 11,000 metric tons annually forexport to Europe and Middle East

Joe Obiajaku $80million

comes from auto products but not just any auto care product –it is its

range of car batteries like SOLITE batteries (the no.1 car battery brand in Nigeria), ROCKET batteries, ARNOLD batteries, XTREME STAINLESS batteries AND CROWN batteries all of which constitutes

48% of the car batteries in Nigeria if you doubt me please check under the hood of your car right now

If the 600 billionaires on the list decides to spread their wealth equally amongst themselves, every single one of them would get

$297,737,104$297,737,104That would make 79.5% of the billionaires richer than they are already are now

Ibukun AwosikaChairperson, FBN Holdings plc

TOP 10 RICHEST PEOPLE IN NIGERIA 2015

1. Aliko Dangote$17billion

2. Mike Adenuga$9billion

3. Sunil Vaswani$8billion

4. Gilbert Chagoury$7billion

5. Ronald Chagoury$4billion

6. Gabriel Volpi$3billion

7. Atiku Abubakar$2.5billion

8. Patrick Onikoyi-Fafunwa & Onikoyi family $2.3billion

9. Bharwan Mathani$2.2billion

10. Tijani Akinloye & Ojomu family$2.1billion

If the people on this list come together as a

$178,940,000,000With a combine networth of

Just under Egypt with a nominal GDP of

$291,538,000,000list come together as a country, they would

be the 4th largest economy in Africa And ahead of Algeria with a

nominal GDP of

$175,100,000,000

Thank You!for your

attentionattentionJoseph Ogoke

Chief Strategist, JR STANROD+

Phone: 08105720084

E-mail: [email protected]

Twitter: twitter.com/joseph_ogoke