Linda Ikeji, Seyi Tinubu… 8 other youngest billionaires in Nigeria

News360 Nigeria chronicles in this post, top 10 youngest billionaires in Nigeria.

In recent years, Nigeria, the most populous and economically significant country in Africa, has seen a noteworthy rise in the number of young billionaires.

Due to innovation, entrepreneurship, and the quickly expanding digital landscape, the Nigerian economy is dynamic, as evidenced by this trend.

Young Nigerian billionaires frequently work in a variety of industries, such as technology, entertainment, real estate, and agriculture and fall between the ages of 20-30.

They frequently come from different backgrounds; some are self-taught entrepreneurs who used their abilities and insights to build successful businesses, while others have formal education from esteemed universities.

These are a few of Nigeria’s youngest billionaires.

1. Igho Sanomi

Igho Sanomi, a businessman, geologist, public speaker, and philanthropist, was born on May 17, 1975.

He is the founder of Taleveras, an energy trading company and has a net worth of over $1 billion, making him the youngest billionaire businessman in Nigeria.

His business interests include oil, power, logistics, telecommunications, aviation, the maritime industry, and real estate.

Sanomi was born into a Catholic family in Agbor, Delta State, Nigeria, he is the first son and fifth child overall.

Dickens Ogheneruemu Patrick Sanomi, his father, was a retired Assistant Inspector General of Police (AIG) in the Nigeria Police Force and held the position of second national vice-president of the Urhobo Progress Union (UPU). Mabel Iyabo Sanomi, his mother, was a nurse before becoming a yeye jemo (tribal chief) of the Isotun Ijesha kingdom in Osun State, southwest Nigeria.

2. Obinna Iyiegbu

Obinna Iyiegbu, popularly known as Obi Cubana, is a Nigerian businessman, showman, entertainer, and philanthropist.

He founded the Cubana Group and serves as its chairman.

Iyiegbu started his business career in 2006 when he opened the Ibiza Club, an Abuja nightclub. He opened the Cubana hospitality club in Owerri, Imo State, in 2009.

Obi Cubana, who was born on April 12, 1975, is a native of Oba, a community in Anambra State, Nigeria’s Demili-South Local Government Area. He is married to Ebele Iyiegbu, and they have four children together.

Obi Cubana is currently one of the richest and most influential personalities, entertainers, show promoters, and entrepreneurs in Nigeria, with an estimated net worth of $500 million, derived from his income, properties, and assets.

Along with opening a new Cubana Club in the United Kingdom, the nightlife magnate recently made a foray into the real estate market with his Casa Cubana residence.

The construction of this club began last year and was initially expected to be completed and launched by February 2022. The building will also house a restaurant that specializes in Nigerian food, but construction is still ongoing.

Cubana has also added to his empire of business by introducing his own brand of bitters, an alcoholic beverage flavored with fruits, roots, spices, herbs, bark, and other botanicals, and by incorporating a hotel.

3. Linda Ikeji

Linda Ikeji is the founder of Linda Ikeji Blog, one of the most popular entertainment and gossip blogs in Nigeria. Ikeji is estimated to have a net worth of over $40 million.

She was born on September 19, 1980 and is well-known for her contentious online publications and blog.

In 2006, Ikeji started blogging as a hobby after graduating from university in 2004.

After registering for her own domain at www.lindaikejisblog.com, she eventually stopped using the subdomain lindaikeji.blogspot.com, where she had been blogging since 2007.

She also started hosting online radio shows, with the station based out of the Linda Ikeji Media Office. Live broadcasts of some of its shows can be found on Linda Ikeji TV.

4. Sijibomi Ogundele

Sijibomi Ogundele, a reputable one-stop shop for real estate and hospitality solutions, was born on April 8, 1981, and currently serves as CEO of Sujimoto Construction Limited.

In 2004, he started working in risk assessment. Later, he moved into SME lending and founded Moto Finance in Paris. Later, the company expanded to Accra, Dubai, Madrid, and New York City.

He entered the Nigerian real estate market after hitting important industry benchmarks and became an expert in risk assessment and project management.

Following the success of his company’s groundbreaking project, Medici, investors and affluent individuals are eagerly awaiting Sujimoto’s upcoming Ikoyi project, “LorenzoBySujimoto.”

Lorenzo By Suzuki will reinvent high-end residential buildings with its inspiration drawn from the Ritz-Carlton style.

World-class hospitality will be offered, along with intriguing penthouses with private pools and apartments with two, three, and four bedrooms.

5. Ladi Delano

Ladi Delano is a Nigerian technopreneur of British descent. He and co-founder and co-CEO Jide Odunsi are currently making waves with their latest project, Moove, the first mobility fintech service in the world.

Co-founders of Moove Africa BV in 2019 were Delano and Jide Odunsi, two Nigerian technopreneurs of British descent.

With Uber, a highly profitable partnership, and more than $174.5 million in funding raised, this project, which offers revenue-based financing to ride-hailing drivers in sub-Saharan Africa, has already seen phenomenal success.

After successfully breaking into the African market, Delano now plans to expand the model over the course of the next six months to include new markets in Asia, MENA, and Europe.

Delano was born, grew up, and received his education in London, United Kingdom, despite having Nigerian ancestry.

He credits his parents, whom he refers to as “unsung heroes” for making numerous sacrifices to make sure their children received the training and assistance required to succeed, for a large portion of his success, according to startuptipsdaily.com.

Delano learned the skills necessary to become one of Nigeria’s most successful entrepreneurs 20 years later from his father, an MBA lecturer and corporate executive who spent hours teaching him business techniques.

Master of Science, Postgraduate Diploma in Global Business, and MPA from the London School of Economics and Political Science were among the degrees Delano obtained.

6. Seyi Tinubu

Born on October 13, 1985, Seyi Tinubu is the sole surviving son of Asiwaju Bola Ahmed Tinubu, the current president of Nigeria and the former leader of the All Progressives Congress.

Seyi has grown to be one of the wealthiest and most powerful Nigerians. He is a well-known politician, businessman, and entrepreneur with a net worth of millions of dollars.

Seyi actively participated in the campaign that made his father the front-runner for the APC presidential nomination.

He is a patron of the STL Polo Team, the CEO of Loatsad Promo Media Ltd., an out-of-home advertising company, and a board member of multiple organizations.

Among its clients are some of the top blue-chip and international businesses in Nigeria, according to Loatsad Promo Media Limited, an outdoor advertising company.

Seyi Tinubu is in high demand because of his capacity to create customized solutions for brands that are successful by utilizing his solid legal background and sensible approach to conducting business internationally.

His company reportedly has the first right of refusal in Lagos, Nigeria’s commercial hub with an approximate population of 20 million, before any advertisements are placed.

Tinubu has managed more than 1,000 finished advertising transactions, totaling billions in transaction value, since establishing Loatsad Promo Media. His father’s political connections also grant him favoritism from state actors.

7. Mark Essien

Software developer, startup investor, and businessman Mark Anthony Essien was born in Ikot Ekpene, Akwa Ibom State, on December 18, 1980.

He is the creator and CEO of Hotels.ng, one of Nigeria’s first online travel agencies. Prior to starting Hotels.ng in 2013, Essien created Gnumm, a file-sharing program that Snoopstar.com later purchased.

He then started Ingolingo, a language-learning startup.

With an initial investment of $75,000 from Spark.ng and a subsequent $150,000 investment, Essien launched Hotels.ng in 2013.

In 2015, the business obtained an additional $1.2 million in funding from foreign investors, such as Omidyar Network, the investment vehicle of eBay founder Pierre Omidyar, and EchoVC Pan-Africa Fund.

Along with founding HNG Internships, Essien also sought to close the talent gap in Nigeria for software engineering by serving as its CEO until he was succeeded by Seyi Onifade.

8. Joseph Eze Okafor (Jowizaza)

Nigerian Igbo billionaire Joseph Eze Okafor, better known by his stage name Jowi Zaza, was born in Anambra State on March 19, 1985.

Jowi Zaza who is regarded as a socialite in affluent Nigerian circles, is one of the country’s youngest billionaires.

His father, Joseph Eze Okafor Sr., founded the multimillion dollar oil and gas company Jezco Oil Nigeria Ltd., of which he is the CEO.

In 1988, eight years after its founding, the business obtained a full license to provide oil services and became a stand-alone petroleum product marketer.

Jowi Zaza’s father, an Anambra business magnate and the first owner of Jezco Oil, left him the business.

9. Jason Njoku

Born on December 11, 1980, in Britain, Jason Chukwuma Njoku is a businessman who currently serves as the CEO and co-founder of iROKOtv, a video-on-demand platform featuring Nigerian films.

Jason grew up in Deptford, South East London, where he was born. His mother worked a full-time job in the National Health Service and raised him, his three sisters, and his brother on her own.

After finishing his education in London, he moved to a Nigerian village when he was twelve years old and fifteen.

Following his return to the UK, he finished his A-Levels and gained admission to The University of Manchester, where he studied Chemistry.

He started Brash Magazine, a student publication that was active for three years before closing its doors in 2008.

Jason Njoku is married to Nollywood film star and producer Mary Remmy Njoku.

10. Iyinoluwa Aboyeji

Born on March 28, 1991, Iyinoluwa Samuel Aboyeji is a Nigerian businessman who previously held the position of managing director at Flutterwave and co-founded Andela.

His ranking among the Top 100 most influential Africans of 2019 was confirmed by New African magazine.

Aboyeji is a general partner and co-founder of Future Africa, an online community that supports mission-driven innovators with funding, mentoring, and connections.

He co-founded Future Africa and then worked as Oby Ezekwesili’s deputy director-general during the 2019 presidential campaign.

Aboyeji has been instrumental in the development of two well-known African technology companies, Andela and Flutterwave.

He is also the chairman and co-founder of Talent City Inc., a construction company.