He and two other Nigerians are on the latest Forbes billionaires list:
The Forbes billionaire's list this year holds a surprise for Africa's richest man, Aliko Dangote
1. Aliko Dangote
Dangote is currently building an oil refinery in Lekki, Lagos which will employ hundreds of people
Aliko Dangote GCON was born on April 10, 1957, at the age of 59, he is a Nigerian billionaire and the richest in Africa, who owns the Dangote Group, which has interests in commodities.
The company operates in Nigeria and other African countries, including Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania, and Zambia.
He is No 105 in this year's Forbes billionaire list owing partly to the recession hounding the Nigerian economy.
2. Mike Adenuga
Mike Adenuga's house on Banana Island Lagos is said to be worth N8bn
Mike Adenuga whose full name is Michael Adeniyi Agbolade Ishola Adenuga Jr is a Nigerian business tycoon, and the second richest person in Nigeria.
His company Globacom is Nigeria's second-largest telecom operator, and also has a presence in Ghana and Benin.
He is the second Nigerian on the Forbes billionaire list and he is at No 250 for 2017.
3. Folorunsho Alakija
Folorunsho Alakija is one of Nigeria's most decorated female oil tycoons, with several honorary degrees
Folorunsho Alakija is a Nigerian businesswoman, one of the richest African women and also one of the richest black women in the world.
In 2014 she unseated Oprah Winfrey as the richest woman of African descent in the world. She is the third Nigerian on the Forbes billionaire list at No 1290 globally.