6) Abdulsamad Rabiu – Net Worth: $1 Billion
This 54 year old self made Nigerian billionaire is based in Lagos. He is the founder of BUA group, a Nigerian conglomerate with investments in real estate, cement production, sugar refining, manufacturing, port concessions, steel, shipping and oil and gas.
5) Femi Otedola – Net Worth: $1 Billion
The self-made millionaire is married and has four children. Femi Otedola’s Zenon Petroleum is one of the largest diesel distributors in Nigeria. Its annual sales is more than $2 billion. In 2009 he was among Forbes Billionaires but dropped out of the list after shares of Zenon Petroleum plunged more than 80%.