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Meet the 7 Nigerian Billionaires who do not like to show off their billions (Photos)

Some Nigerian billionaires find discomfort in showing off their wealth and their activities are far away from the social media space.   Some of them do so for security reasons while others believe in modesty and personal reasons.   Business Insider Sub-Saharan looks at some of these personalities and their businesses in the Nigerian environment:  

1. Michael Ade Ojo

Meet the 7 Nigerian Billionaires

  Elizade Motors Nig Limited, Distributor of Toyota cars and Elizade University   Net Worth: Undisclosed but estimated to be around $2 billion  

2. Leo Stan Ekeh

Meet the 7 Nigerian Billionaires

  Chairman/CEO of Zinox Technologies Limited, Africa’s most integrated ICT firm.   Net worth: $1 billion

  3. Jim Ovia

Meet the 7 Nigerian Billionaires

  Banking, Real Estate and Communications   Jim Ovia is the founder of Zenith Bank. He is the chairman and largest individual shareholder with a stake of slightly more than 9% stake. He also owns prime real estate across Nigeria, and mobile telecom operator Visafone, which has 3 million subscribers.   Net worth: $1 billion  

4. Pascal Dozie

Meet the 7 Nigerian Billionaires

  Chairman MTN Nigeria, Diamond Bank   Net worth: $1.1 billion   5. Oba Otudeko

Meet the 7 Nigerian Billionaires

  Founder, Honeywell Group, Chairman FBN Holdings, Airtel Nigeria and Fan Milk of Nigeria   Net worth: $650 million   6. Cletus Ibeto

Meet the 7 Nigerian Billionaires

  Chairman of Ibeto Group (with interests in automobile parts, cement production, energy, petrochemical and the real estate industry). He is also the owner of Ibeto Hotels   Net worth: $1.5 billion

  7. ABC Orjiakor

Meet the 7 Nigerian Billionaires

  Co-Founder & Chairman, Seplat Petroleum, CEO, Shebah E&P Company Limited   Net worth: $1.5 billion  

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