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Among The World’s 21 Black Billionaires, 6 Are Nigerians - Forbes - Business (5) - Nairaland 6z644h

Among The World’s 21 Black Billionaires, 6 Are Nigerians - Forbes (28834 Views)

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Augustenite(m): 9:32pm On Mar 29
😂😂.I can't see any developers name there. Why is Forbes so unfair like this? Those that develop Lagos, Dubai, China and even America. The chest beaters. Nawa oo

7 Likes 1 Share

FreeStuffsNG: 9:37pm On Mar 29
Achor1111:

With your knowledge and everything you have, who was the richest person in Nigeria between 1960 - 1970 to make it brief?
Late Chief Mobolaji Bank-Anthony.

Smh. Ignorance is not bliss o.
Lagos is not your mate o. Sir Louis Ojukwu was wealthy and probably the wealthiest from his part of Nigeria of that time but at no time the richest even in Lagos.

The richest man of that era was Late Chief Mobolaji Bank-Anthony.

Below is his picture and just a portion of some of his wealth was reportedly valued at $50 billion as at 2022
https://www.vanguardngr.com/2022/05/trustee-raises-alarm-over-50bn-mobolaji-bank-anthony-property/
He singlehandedly built what is today upgraded to LASUTH.
https://www.vanguardngr.com/2022/05/trustee-raises-alarm-over-50bn-mobolaji-bank-anthony-property/

Go and read about others. Sir Louis Ojukwu has never been the richest person in Nigeria.
Below is another interesting piece.

Dear @TadyesSol,

Thank you for your . In direct answer to your question, I get a lot of my history from official Hansards of the Parliament of the United Kingdom, where I worked from 2002 to 2003, and still have access to. I do not talk or write without the strong backing of documentary evidence.

Sir Louis Odumegwu Ojukwu was a wealthy man. However, he was neither a billionaire nor, at any point in time, the wealthiest man in Nigeria.

For example, Sanusi Dantata, the son of Alhaji Alhassan Dantata, was acknowledged by Time Magazine as the wealthiest person in Nigeria by 1965. You may want to read it here by yourself content.time.com/time/subscribe…

His father was also the wealthiest man in West Africa before he ed away.

Sir Louis Odumegwu Ojukwu was next. However, due to the Nigerian Civil War, he lost much of his wealth. But irrespective of the war, he was not the wealthiest man in Nigeria.

Having a Rolls Royce neither makes you a billionaire or the wealthiest person in Nigeria. Many rich people then and now do not indulge in such ostentatious lifestyles.

For example, the Time Magazine article, which I gave you the link to, also mentions Mobolaji Bank Anthony as one of the wealthiest men in Nigeria as of 1965. Yet, despite having such stupendous wealth, Mr. Bank Anthony did not buy himself a Rolls Royce. What he did with his money was to build a series of free hospitals, which he donated to the Lagos government, including the Ikeja General Hospital, and the National Orthopaedic Hospital, Igbobi.

You may be confusing loud ostentatiousness for wealth.

Eight persons were mentioned as the wealthiest people in Nigeria by Time in 1965. They include:

Sanusi Dantata, 46
Odumegwu Ojukwu, 66
Mobolaji Bank-Anthony, 59
Emmanuel Akwiwu, 43
Shafi Lawal Edu, 54
Timothy Adeola Odutola, 63
Ade Tuyo, 63
Bayo Braithwaite, 36


Of the eight, five were from the Lagos-Ogun axis. One was from Kano. One from Port Harcourt, and one from Nnewi.

I hope this helps you understand history better.

Thanks again, and may God bless you.

#TableShaker

8 Likes 1 Share

Augustenite(m): 9:50pm On Mar 29
Odingo1:

Igbos might not appear in Forbes but they are the richest in Africa. Wealth is not an individual something but how the wealth is distribution among population.

😂. See this bingo. Audio and illicit money? Chest beaters? I have a friend wey be say na we dey dash am money, if this guy dey brag outside, you go think say na him dey feed us all. This is the Igbo people for you. Empty barrel. Oga go and sleep, which richest tribe in Africa? Who dash them? Stop fooling yourself. The biggest non-kenya citizens lounge in Kenya is owned by a Yoruba, but very quite. The largest immigrant supermarket in UK is owned by a Yoruba man, same in Austria and some other countries that I have been to. But you will never see them brag. Until the Igbos learn the act of humility like other tribes before they can make a good progress. Travel to their states full of bad roads the only state you see good roads is Anambra and Enugu back then in 2014 when I was serving. But you see them in Lagos, they will be bragging as if the whole country na their property as if no red sand in their communities. That's how one Igbo man was bragging in Ikeja where me and my friends were sitting that his community is far better than Festac town, that all the houses their are mansions, until I asked him what is the name of his community was, and he told me I can never know their even if he mentioned it, but immediately he told me he is from Mbaise, I asked him where in Mbaise and he told me along Chokoneze, and I mentioned his real community name for him, and he was shocked, and that was the end of the bragging, because it surprised him that I know the exact place ( Ife in Abor Mbaise) . So, you guys should stop bragging. Every Nigerians in. Nigeria are suffering the bad government and lack social amenities irrespective of which tribe you comes from.

11 Likes 3 Shares

Thunderfayamods: 10:02pm On Mar 29
I can't find any developer on the list.

6 Likes 2 Shares

Achor1111(m): 10:06pm On Mar 29
FreeStuffsNG:

Late Chief Mobolaji Bank-Anthony.

Smh. Ignorance is not bliss o.
Lagos is not your mate o. Sir Louis Ojukwu was wealthy and probably the wealthiest from his part of Nigeria of that time but at no time the richest even in Lagos.

The richest man of that era was Late Chief Mobolaji Bank-Anthony.

Below is his picture and just a portion of some of his wealth was reportedly valued at $50 billion as at 2022
https://www.vanguardngr.com/2022/05/trustee-raises-alarm-over-50bn-mobolaji-bank-anthony-property/
He singlehandedly built what is today upgraded to LASUTH.
https://www.vanguardngr.com/2022/05/trustee-raises-alarm-over-50bn-mobolaji-bank-anthony-property/

Go and read about others. Sir Louis Ojukwu has never been the richest person in Nigeria.
Below is another interesting piece.

Dear @TadyesSol,

Thank you for your . In direct answer to your question, I get a lot of my history from official Hansards of the Parliament of the United Kingdom, where I worked from 2002 to 2003, and still have access to. I do not talk or write without the strong backing of documentary evidence.

Sir Louis Odumegwu Ojukwu was a wealthy man. However, he was neither a billionaire nor, at any point in time, the wealthiest man in Nigeria.

For example, Sanusi Dantata, the son of Alhaji Alhassan Dantata, was acknowledged by Time Magazine as the wealthiest person in Nigeria by 1965. You may want to read it here by yourself content.time.com/time/subscribe…

His father was also the wealthiest man in West Africa before he ed away.

Sir Louis Odumegwu Ojukwu was next. However, due to the Nigerian Civil War, he lost much of his wealth. But irrespective of the war, he was not the wealthiest man in Nigeria.

Having a Rolls Royce neither makes you a billionaire or the wealthiest person in Nigeria. Many rich people then and now do not indulge in such ostentatious lifestyles.

For example, the Time Magazine article, which I gave you the link to, also mentions Mobolaji Bank Anthony as one of the wealthiest men in Nigeria as of 1965. Yet, despite having such stupendous wealth, Mr. Bank Anthony did not buy himself a Rolls Royce. What he did with his money was to build a series of free hospitals, which he donated to the Lagos government, including the Ikeja General Hospital, and the National Orthopaedic Hospital, Igbobi.

You may be confusing loud ostentatiousness for wealth.

Eight persons were mentioned as the wealthiest people in Nigeria by Time in 1965. They include:

Sanusi Dantata, 46
Odumegwu Ojukwu, 66
Mobolaji Bank-Anthony, 59
Emmanuel Akwiwu, 43
Shafi Lawal Edu, 54
Timothy Adeola Odutola, 63
Ade Tuyo, 63
Bayo Braithwaite, 36


Of the eight, five were from the Lagos-Ogun axis. One was from Kano. One from Port Harcourt, and one from Nnewi.

I hope this helps you understand history better.

Thanks again, and may God bless you.

#TableShaker
Ignorance should be an offense.
I come in peace

Putinofrussia: 10:23pm On Mar 29
Odingo1:

Igbos might not appear in Forbes but they are the richest in Africa. Wealth is not an individual something but how the wealth is distribution among population.
lol
Where do the rich live in Igboland because Ibadan only has more modern buildings and infrastructures than the entire SE Igboland?
I can post the pictures of where 95% of Yorubas live and where most Igbos live in Lagos.
Yorubas still come tops.
Yorubas are not in competition with Igbos because they are far richer and more successful than Igbo in almost all sectors of life.
Yorubas control and dominate the building materials market in Nigeria not to talk of most things related to fuel which every Nigerian consumes daily.
The richest musicians in Africa are Yoruba.
The richest Nollywood people are the Yorubas.
Richest lawyers,doctors,educationist,ICT gurus etc.
Even tiktokers have Yorubas as the richest not to talk of the diaspora where Yorubas are the only people that have multibillion dollars businesses.
We have not seen a single..yes...single real business owned by an Igbos person.
If you know one,name it and post the link.
I can post 10 Yoruba coys abroad.

If you can give example of how Igbos riches come close to how rich Yorubas are,I will deactivate my moniker.
Just name the sector,Yoruba dominate.
Even Davido is richer than most of the people you call billionaires.
Some of them do not even have up to $20million but in your region,they are billionaires grin

Yorubas don't make noise even as they are the richest tribe in Africa.
They are everywhere like MTN

7 Likes 4 Shares

obyno82: 10:52pm On Mar 29
LabourPartyNG:
Biafrans are the most tribalistic people on earth.

Quote me anywhere...

The last election was a testament to that fact...


You even tagged them as biafrans which confirmation to me that you Yorubas are highly tribalistic, the unfortunate part is that other tribes have seen you people finish
ledaman: 11:18pm On Mar 29
PDPdestroyer:
Bia OP, nwanem your list is incomplete, some names are conspicuously missing.
Is it that Forbes doesn’t recognize those who are billionaires in Biafra pounds…..considering the fact that 1 Biafra pound = 1 British pound ? undecided
lol 😂

3 Likes

ledaman: 11:19pm On Mar 29
haffaze777:
With Yoruba gene in me,wallah I stand a chance to be next billionaire
just like that?
Dreaming is good 😊
FreeStuffsNG: 11:44pm On Mar 29
Achor1111:

Ignorance should be an offense.
I come in peace
Smh. You can't learn so there's no point teaching you what you don't know. Besides, you are not from Lagos so I can excuse your ignorance of Lagos and the Yoruba history wink

But for Forbes of today, I am so sure that you would have discountenanced these Nigerians and shared an unsubstantiated screenshot to claim that Cubana Chief Priest is the richest man in West Africa from 2020 to 2030 because he was sharing dollars at parties and saying " money na water".

8 Likes 3 Shares

Ashawoman82: 11:54pm On Mar 29
haffaze777:
With Yoruba gene in me,wallah I stand a chance to be next billionaire
lol werey..
Ofemannnu: 12:18am On Mar 30
IGBOPROMISE1:


Why do you waste your time engaging with these vile xenophobes? You don’t know it’s lost on them, as the brag and gloat, how telling and indicting a list that its Nigerian content is made up TOTALLY of just two ethnic groups…not just out of all the many others in Nigeria, but also bearing in mind that we are told Nigeria has THREE major ethnic groups, with one leg of the tripod TOTALLY not represented! If this doesn’t show the rest of Nigeria how the Yoruba/Fulani hegemonic alliance has structured the Nigerian political-economy to primarily favour them over others, then nothing else would!

I’m not and can never be surprised at how things have played out! It’s the gullible and daft other Nigerians i pity because they seem to be blissfully comfortable in their ignorant….especially the ‘one Nigerianist’ Igbo amongst them!

I am sorry but why are you Igbos not making it abroad like the Yorubas are doing with lots of businesses in Europe and USA.
Is it Nigeria that is also marginalizing you there?

5 Likes

Zetty177x: 6:44am On Mar 30
papyjaypaul:



This is why he likes to keep off the world's attention. The world never minds its business. I love his MO. Keep it private.

U assume I know MO? What's MO?

Modus Operandi?
Mode of Operation?

2 Likes

Apel147(m): 6:59am On Mar 30
Where davido papa😁
emapeteum(m): 7:09am On Mar 30
The state makes Nigerian billionaires billionaires by giving undue favor and patronage
Gerrard59(m): 8:26am On Mar 30
When did Alexander Karp become a black man? shocked

1 Like

Gerrard59(m): 8:33am On Mar 30
koning:


Na people wey list their shares in stock exchanges Forbes dey count.

Arthur Eze is definitely richer than Femi Otedola. Cash money does not count for Forbes.

Besides Tony Elumelu and Jim Ovia would be on the list if actual billions are taking into consideration.

...and Dangote is way richer than the lousy 10.9 billion listed by Forbes.
Not entirely true. There are Forbes rated billionaires whose firms are private - not listed on any stock exchange. The issue with Arthur Eze is that his wealth cannot be verified. Probably because he has refused to open his books to Forbes or Bloomberg assessors the way Adenuga did not long ago.

As for Tony Elumelu, he's the most likely to be the first dollar Igbo billionaire. His wealth has grown much more significantly than that of Jim Ovia. Cosmas Maduka was once worth $500 million in 2014/2015.

3 Likes

Medici777: 9:33am On Mar 30
Awakened38: 10:24am On Mar 30
Warrior99:
YORUBAS.

DEM NO BORN OMO IBO WELL.

We are not "THEIR FADA'S MATE".

Must everything be about Omo Ibo?

I'm beginning to see that Omo Ibo is a pain to the yoruba
Shalommy(f): 11:06am On Mar 30
davidque:


Not every stupid thought or comment deserves to be expressed...........silence would have been best
Only a fool like you will see a simple truth but refuse to accept it. Tueeehhh 🙄

1 Like

Shalommy(f): 11:07am On Mar 30
jaeyking:


Imbe wey your papa go happily exchange you for
Imbe... Family.😄

1 Like

Shalommy(f): 11:11am On Mar 30
Sleekfingers:



An average Nigerian talk foolishly and recklessly
Idi... ot, do you think I care about any shit? Tueeehhh

1 Like

Shalommy(f): 11:13am On Mar 30
NOC1:


Stupidity
The same thing running through you. Tueeehhh

1 Like

chidi2003(m): 11:50am On Mar 30
haffaze777:
With Yoruba gene in me,wallah I stand a chance to be next billionaire
Stop deceiving yourself. Tribes don't make people billionaires - but hard work and smart financial transactions: (both legitimate and illegitimate transactions). Stop living in a fictitious world!
FreeStuffsNG: 12:11pm On Mar 30
Medici777:
the thing is that the Nigerians got their money through crooked means
That you get your own money through crooked means or you are trained to see rich Nigerians as crooked does not mean other Nigerians do and are crooked.

Nigeria will bless those who bless Nigeria and curse those who curse Nigeria.

2 Likes 1 Share

Warrior99: 12:26pm On Mar 30
Augustenite:


😂. See this bingo. Audio and illicit money? Chest beaters? I have a friend wey be say na we dey dash am money, if this guy dey brag outside, you go think say na him dey feed us all. This is the Igbo people for you. Empty barrel. Oga go and sleep, which richest tribe in Africa? Who dash them? Stop fooling yourself. The biggest non-kenya citizens lounge in Kenya is owned by a Yoruba, but very quite. The largest immigrant supermarket in UK is owned by a Yoruba man, same in Austria and some other countries that I have been to. But you will never see them brag. Until the Igbos learn the act of humility like other tribes before they can make a good progress. Travel to their states full of bad roads the only state you see good roads is Anambra and Enugu back then in 2014 when I was serving. But you see them in Lagos, they will be bragging as if the whole country na their property as if no red sand in their communities. That's how one Igbo man was bragging in Ikeja where me and my friends were sitting that his community is far better than Festac town, that all the houses their are mansions, until I asked him what is the name of his community was, and he told me I can never know their even if he mentioned it, but immediately he told me he is from Mbaise, I asked him where in Mbaise and he told me along Chokoneze, and I mentioned his real community name for him, and he was shocked, and that was the end of the bragging, because it surprised him that I know the exact place ( Ife in Abor Mbaise) . So, you guys should stop bragging. Every Nigerians in. Nigeria are suffering the bad government and lack social amenities irrespective of which tribe you comes from.
Thank you for putting the IGBOCRITE in his squalid place.

Even the Bible says to humble ourselves under God's mighty hand, and in DUE TIME, He will uplift us.

ELEDUMARE continue to bless Yorubas and YORUBALAND.

Amen.

2 Likes

haffaze777(m): 12:52pm On Mar 30
chidi2003:

Stop deceiving yourself. Tribes don't make people billionaires - but hard work and smart financial transactions: (both legitimate and illegitimate transactions). Stop living in a fictitious world!


Okay mr shidisokegrin

3 Likes

Sleekfingers: 1:47pm On Mar 30
Shalommy:
Idi... ot, do you think I care about any shit? Tueeehhh


🤣🤣🤣🤣

You just proved me right .
Fahd11: 2:13pm On Mar 30
Forbes doesn't rate fake drugs money or money rituals. Why is their ALMIGHTY ARTHUR EZE not there?

3 Likes

Konquest: 2:40pm On Mar 30
FreeStuffsNG:

Forbes has released its annual list of billionaires, highlighting 2,781 individuals worldwide. Of these, only 21 are Black, making up less than 1% of the total. Among them, only two are women.

The list includes individuals from various industries, including finance, technology, sports, and entertainment.

Here are the 21 black billionaires in 2025, ranked by net worth as of February 10
, 2025


1. David Steward – $11.4 billion
David Steward

Steward is the co-founder and chairman of World Wide Technology, an IT provider valued at $11.4 billion. The company serves clients such as Citi, Verizon, and the federal government.

2. Aliko Dangote – $10.9 billion
Aliko Dangote

Dangote is Africa’s richest man and the founder of Dangote Cement. He owns nearly 88% of the publicly traded company and has stakes in salt, sugar, and flour manufacturing firms.

3. Robert F. Smith – $10.8 billion
Robert F. Smith

Smith founded Vista Equity Partners in 2000, a private equity firm focusing on software and technology investments. He pledged $50 million to Cornell University and covered student debt for the Morehouse College Class of 2019.


4. Alexander Karp – $9.7 billion
Alexander Karp

Karp is the co-founder and CEO of Palantir Technologies, a software firm specialising in big data analytics.

5. Mike Adenuga – $6.9 billion
Mike Adenuga

Adenuga built his fortune through investments in telecom and oil production. He made his first million at 26, selling lace and distributing soft drinks.

6. Abdulsamad Rabiu – $5.1 billion
Abdulsamad Rabiu

Rabiu is the founder of BUA Group, a Nigerian conglomerate with interests in cement production, sugar refining, real estate, and shipping.

7. Michael Jordan – $3.5 billion
Michael Jordan

Jordan remains a financial powerhouse with sponsorship deals from Hanes, Gatorade, and Upper Deck, nearly two decades after retiring from basketball.


8. Oprah Winfrey – $3 billion
Oprah Winfrey

Winfrey has built a media empire and holds shares in Weight Watchers. She has donated over $100 million to the Oprah Winfrey Leadership Academy for Girls in South Africa.

9. Patrice Motsepe – $2.8 billion
Patrice Motsepe

Motsepe was the first Black African to appear on the Forbes billionaire list in 2008. He is the founder and chairman of African Rainbow Minerals.

10. Jay-Z – $2.5 billion
Jay-Z

Jay-Z became Hip-Hop’s first billionaire in 2019. His wealth comes from his diverse business ventures, including music, investments, and liquor brands.


11. Adebayo Ogunlesi – $2.3 billion
Adebayo Ogunlesi

Ogunlesi co-founded Global Infrastructure Partners, a private equity firm. The company was valued at $12.5 billion when it was bought out in 2024.


12. Strive Masiyiwa – $1.8 billion
Strive Masiyiwa

Masiyiwa founded Econet Wireless Zimbabwe in 1998. His philanthropy through the Higherlife Foundation has ed education for over 250,000 young Africans.

13. Femi Otedola – $1.7 billion
Femi Otedola

Otedola owns over 70% of Geregu Power’s shares and has investments in Zenith Bank and FBN Holdings. He owns properties in Lagos, Dubai, London, and Monaco.

14. Earvin “Magic” Johnson – $1.6 billion
Earvin “Magic” Johnson

Johnson made his wealth through business ventures, including investments in Starbucks and real estate. He became a billionaire in 2023.


15. Tyler Perry – $1.4 billion
Tyler Perry

Perry is a filmmaker and owns Tyler Perry Studios in Atlanta. His career spans acting, directing, producing, and screenwriting.

16. Tope Awotona – $1.4 billion
Tope Awotona

Awotona, a Nigerian immigrant to the US, founded Calendly, a scheduling software company. He previously attempted other business ventures that were unsuccessful.


17. Rihanna – $1.4 billion
Rihanna

Rihanna’s wealth comes from her Fenty empire, which has expanded beyond cosmetics to sleepwear and lingerie.

18. Tiger Woods – $1.3 billion
Tiger Woods

Woods’ earnings come from his golf career and endorsements with brands such as Nike, Gatorade, and Rolex.


19. Mohammed Ibrahim – $1.3 billion
Mohammed Ibrahim

Ibrahim founded Celtel International in 1998, providing mobile services across Africa and the Middle East. He sold the company in 2005 for $1.4 billion.

20. LeBron James – $1.2 billion
LeBron James

James has made his fortune through basketball, business ventures, and endorsements with Nike and Coca-Cola. He also owns SpringHill Entertainment.

21. Michael Lee-Chin – $1.2 billion
Michael Lee-Chin

Lee-Chin, a Jamaican investor, built his wealth through the National Commercial Bank Jamaica and AIC Limited.

https://businessday.ng/news/article/among-the-worlds-21-black-billionaires-6-are-nigerians-and-only-2-are-women-forbes/#google_vignette
The Nigerian-born Wemimo Abbey who is the co-founder of Esusu LLC was also on the Forbes list of American USD billionaires of African descent as of 2024 alongside the two other Nigerian-American USD billionaires, Bayo Ogunlesi and Tope Awotona of Calendly. I'm surprised that Abbey isn't on the same Forbes list as of 2025? His networth couldn't have taken a sharp nose-dive so quickly like that. Stunning!

Regardless, Nigeria has officially produced a total of 8 absolutely certified and legit USD billionaires on the Forbes list and the Bloomberg Billionaires Index.

Aliko Dangote, Michael Adenuga, Abdulsamad Rabiu, Bayo Ogunlesi, Femi Otedola, Tope Awotona of Calendly, Wemimo Abbey the co-Founder of Esusu LLC, and Mrs. Folorunso Alakija the Vice Chairperson of Famfa Oil and Gas.


TWO are from the North of Nigeria. Both Kano-born [Aliko Dangote (originally of maternal Tuareg OR "Agalawa" long-distance trading Dantata family descent) and Abdulsamad Rabiu (originally of Borno State Kanuri paternal descent)] and SIX are from the South West of Nigeria [Femi Otedola and Mrs. Folorunso Alakija are originally from Epe and Ikorodu in Lagos State respectively, Michael Adenuga, Bayo Ogunlesi, Tope Awotona are originally from Ogun State]. I've NO idea what state Wemimo Abbey originally hails from BUT he grew up in Lagos State before migrating to the United States.

Nice thread.

2 Likes 2 Shares

Konquest: 3:01pm On Mar 30
FreeStuffsNG:

Late Chief Mobolaji Bank-Anthony.

Smh. Ignorance is not bliss o.
Lagos is not your mate o. Sir Louis Ojukwu was wealthy and probably the wealthiest from his part of Nigeria of that time but at no time the richest even in Lagos.

The richest man of that era was Late Chief Mobolaji Bank-Anthony.

Below is his picture and just a portion of some of his wealth was reportedly valued at $50 billion as at 2022
https://www.vanguardngr.com/2022/05/trustee-raises-alarm-over-50bn-mobolaji-bank-anthony-property/

He singlehandedly built what is today upgraded to LASUTH.
https://www.vanguardngr.com/2022/05/trustee-raises-alarm-over-50bn-mobolaji-bank-anthony-property/

Go and read about others. Sir Louis Ojukwu has never been the richest person in Nigeria.



Below is another interesting piece.

Dear @TadyesSol,

Thank you for your . In direct answer to your question, I get a lot of my history from official Hansards of the Parliament of the United Kingdom, where I worked from 2002 to 2003, and still have access to. I do not talk or write without the strong backing of documentary evidence.

Sir Louis Odumegwu Ojukwu was a wealthy man. However, he was neither a billionaire nor, at any point in time, the wealthiest man in Nigeria.

For example, Sanusi Dantata, the son of Alhaji Alhassan Dantata, was acknowledged by Time Magazine as the wealthiest person in Nigeria by 1965. You may want to read it here by yourself content.time.com/time/subscribe…

His father was also the wealthiest man in West Africa before he ed away.

Sir Louis Odumegwu Ojukwu was next. However, due to the Nigerian Civil War, he lost much of his wealth. But irrespective of the war, he was not the wealthiest man in Nigeria.

Having a Rolls Royce neither makes you a billionaire or the wealthiest person in Nigeria. Many rich people then and now do not indulge in such ostentatious lifestyles.

For example, the Time Magazine article, which I gave you the link to, also mentions Mobolaji Bank Anthony as one of the wealthiest men in Nigeria as of 1965. Yet, despite having such stupendous wealth, Mr. Bank Anthony did not buy himself a Rolls Royce. What he did with his money was to build a series of free hospitals, which he donated to the Lagos government, including the Ikeja General Hospital, and the National Orthopaedic Hospital, Igbobi.

You may be confusing loud ostentatiousness for wealth.

Eight persons were mentioned as the wealthiest people in Nigeria by Time in 1965. They include:

Sanusi Dantata, 46
Odumegwu Ojukwu, 66
Mobolaji Bank-Anthony, 59
Emmanuel Akwiwu, 43
Shafi Lawal Edu, 54
Timothy Adeola Odutola, 63
Ade Tuyo, 63
Bayo Braithwaite, 36


Of the eight, five were from the Lagos-Ogun axis. One was from Kano. One from Port Harcourt, and one from Nnewi.

I hope this helps you understand history better.

Thanks again, and may God bless you.

#TableShaker
@FreeStuffsNG

Absolutely well said! I can affirm here and now that your sequential compendium of history is very sound.


Just to add here, the first ever Pound Sterling millionaire of Nigerian descent was the wealthy financier and business man, Candido Joao Da Rocha (1860 to 1959) who was born in Bahia, Brazil to an Ijesa father [Joao Esan Da Rocha from the present-day Ilesa in Osun State] who unfortunately fell victim around the age of 10 while going to school to the Trans-Atlantic slave trade and was deported on a slave schooner to Bahia in Brazil. Candido and his liberated Yoruba family of Ijesa descent returned from Brazil in the 1860s and settled on Lagos Island where Candido grew to become a very wealthy man building a mansion which still stands today on Kakawa Street, Lagos Island known as the "Water House" (OR Casa d'Agua) which was the first place to have potable drinking tap water funded by Candido himself. Candido also built a perfect replica of the "Water House" mansion in Bahia, Brazil where the Brazilian branch of his Da Rocha family descendants through a Native Brazilian woman still live as of today.

Da Rocha Was So Rich He Sent His Dirty Clothes to Britain for Laundry
=>https://punchng.com/da-rocha-was-so-rich-he-sent-his-dirty-clothes-to-britain-for-laundry-granddaughter/

DO YOU KNOW DAROCHA? THE FIRST RECOGNIZED MILLIONAIRE IN THE 1900s

https://www.youtube.com/watch?v=YGqbeCj3KKI?si=UO8HEAxlTjzYuybz
Oloba_denii · Jul 28 2024


Meet Nigeria’s first millionaire Candido Da Rocha who sent his dirty cloths to Britain for Laundry

Africa Unlocked (Home of African Stories & History · 15 Jul 2024


10 Richest Yoruba Families in Nigeria...

https://www.youtube.com/watch?v=gUQW-BJXe94
YORIYORI MEDIA • 24K views 21:49


This is why your Nigerian port is weak!

https://www.youtube.com/watch?v=giXVLJADYL8
Reh Rah • 7.2K views 8:27

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I Received Number From GTB And I Was Asked To Activate It.

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