Abdulsamad Rabiu

Top 10 richest Hausa men & women in Nigeria (2020 updated)

Dangote is popular, but there are other top richest Hausa men and women that you likely didn’t know. Some people think that the very rich Northerners made their money from governance or politics, but in reality, many of the richest from the north are well know businessmen!

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I did some digging in this post to also to include their assets and type of businesses they are into.

Behold the top ten richest Hausa men and women in Nigeria:

1. Aliko Dangote

Aliko Dangote
Aliko Dangote. photo via freedomradionig.com

Net worth $8.1 billion (source: Forbes, March 2020)

Aliko Dangote is from Kano, Kano State. He was born on the 10th of April, 1957. Meaning that Dangote is the richest man in Kano state.

Dangote was privileged to be born into a wealthy home. He is the great-grandson of Alhaji Alhassan Dantata, the man who was the richest in West Africa before his death in 1955.

Dangote attended Capital High School in Kano, he graduated from the Government College, Birnin Kudu. He studied Business Studies and Administration from Al-Azhar University, Cairo, Egypt where he obtained a Bachelor’s degree.

The Dangote Group was founded in 1977 as a small trading firm. Dangote was looking to expand his company so he moved to Lagos in 1977 (the same year the business was established) so he could achieve this aim, the rest they say is history. Today, the Dangote Group is billions of dollar conglomerate with its numerous operations spanning to Benin, Ghana, Nigeria, Zambia, and Togo.

Dangote is into cement production, telecommunication, transport, sugar production, salt, agro sacks, oil refining, real estate, petrochemicals, and the rest of them.

In 2014, Dangote was named the Forbes Africa Person of the year, and also, the richest man in Africa.

2. Abdulsamad Rabiu

Abdulsamad Rabiu
Abdulsamad Rabiu. photo via pulse.ng

Net worth $2.6 billion (source: Forbes, March 2020)

Abdulsamad Rabiu was born on 4th August 1960 in Kano State. Late Khalifah Isyaku Rabiu was one of the foremost industrialists in Nigeria in the 1970s and 1980s. Making him the second among the top ten richest men in Kano state.

Abdulsamad Rabiu studied in Kano State during his early days. He studied Economics from Capital University, Columbus, Ohio, the USA where he bagged a bachelor’s degree.

Abdulsamad Rabiu is the founder and CEO of BUA, a conglomerate that is into agriculture, logistics, manufacturing, infrastructure, and port operations. Mr Rabiu is also the chairman of the Nigerian Bank of Industry.

Abdulsamad started running his father’s business at the age of 24 when he came back from the United States after his studies. It was the experience he garnered from managing his father’s business that gave him the insights he needed to start his own business in 1988. BUA International Limited which was established in 1988 has since grown into a conglomerate.

Abdulsamad Rabiu is ranked at #712 worldwide by Forbes and the 8th richest in Africa in 2020.

3. General Theophilus Yakubu Danjuma

Net worth $750Million (source: Forbes, Nov. 2015). Some other sources claim his net worth to be $1.2Billion, Forbes dropped him in 2016.

General Theophilus Danjuma was born on the 9th of December, 1938. He is a Nigerian soldier (Rtd.), politician, multi-millionaire businessman, and philanthropist. He was the Chief of Army Staff from 1975 to 1979. He was also the Minister of Defense during President Obasanjo’s administration. He is the chairman and CEO of South Atlantic Petroleum (SAPETRO).

Danjuma was born in Takum, Taraba State, Nigeria. He started his education at St Bartholomew’s Primary School in Wusasa and studied at Benue Provincial Secondary School in Katsina-Ala where he received his Higher School Certificate in 1958. Danjuma went on to study history at the Ahmadu Bello University on a Northern Nigeria Scholarship. He dropped out at the end of 1960 and joined the Nigerian Army.

Danjuma established the Nigeria American Line in 1979. He established COMET Shipping Agencies Nigeria Limited in 1984. 

He ventured into oil and gas exploration and production where he established South Atlantic Petroleum Limited (SAPETRO) IN 1995. SAPETRO is the second-largest oil block in operation in offshore East and Southern Africa.

4. Mohammed Indimi

Mohammed Indimi
Mohammed Indimi

Net worth $500 million (source: Forbes, 2015. Dropped off in 2016)

Mohammed Indimi was born on August 12, 1947. He is the founder and CEO of Oriental Energy Resources Limited, an oil exploration, and production company.

Indimi was not born in a wealthy home, meaning he must have worked extra hard to become one of the most successful businessmen in Nigeria.

He earned numerous awards from universities in Nigeria, the United States, and Ireland.

5. Alhaji Sayyu Dantata

Net worth $112 million (source: Forbes, 2011), current net worth $450million(unverified).

Dantata is the founder and CEO of MRS Holdings Limited (1995). He studied mechanical engineering from Morris Brown College Atlanta – Georgia, the USA where he bagged a bachelor’s degree. He was the Director of Engineering and Transport Division of Dangote Group. Also, he was a one-time Director of Hydro Alternative Energy, Inc.

MRS Holdings deals with Oil and Gas exploration and production.

Click on mrsholdings.com for more info.

Umaru Abdul Mutallab

Net worth $300million (unverified)

Mutallab was born on December 15, 1939, in Katsina State. He is the chairman of Jaiz Bank Plc and the chairman of Incar Nigeria Plc. He was the Chairman of First Bank Nigeria Holdings Plc.

Bamanga Muhammad Tukur

Net worth unknown

Bamanga Tukur was born on 15 September 1935. He is a businessman and a politician who served as Minister for Industries and was a governor of the defunct Gongola State. He was the Executive President of African Business Roundtable and Chairman of the NEPAD Business Group. He is currently a farmer who farms on a large scale.

Atiku Abubakar

Net worth unknown

Atiku Abubakar was born on the 25th of November, 1946. He is a businessman, politician, and philanthropist who served as the vice president of Nigeria from 1999 to 2007.

Atiku Abubakar ventured into the real estate business during his early days as a customs officer. In 1981, Atiku moved into agriculture and started cultivating maize and cotton. The agriculture business failed and closed in 1986. He then ventured into trading, buying, and selling of rice, flour, and sugar in truckloads.

Atiku is a co-founder of Intels Nigeria Limited, an oil servicing business. Other businesses Atiku has is an animal feed factory, the American University of Nigeria, and Adama Beverages Limited.

There are lots of other Northern Businessmen and women who are silently rich without the public noticing.

Richest Igbo men, richest Yoruba men & women in Nigeria

Also, take a look at the richest Igbo men in Nigeria. Let’s see how our Igbo brothers rank in money! And the richest Yoruba men and women in Nigeria!

We hope you find this article informative!

 

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