Abdulsamad was born in Kano to the family of a well-known businessman named Ishyaku Rabiu. Abdul Samad Rabiu owns properties in Eaton square and Avenue road also known as millionaire’s row. Abdulsamad Rabiu officially became a … Net Worth of Abdul Samad Rabiu. It is noteworthy that some of these Nigeria men are also among the top 20 richest people in Africa.The country is so blessed it has some of the richest businessmen, entrepreneurs, musicians, pastors, bloggers and so on, not only in Africa but also in the entire world.I remember talking with my Ghanaian friend and he was like “Nigeria is so blessed that we sometimes envy you guys over here in Ghana”.Indeed aside from her leadership challenges, Nigeria is a nation filled with great men and women.With a net-worth of $8 billion US Dollars in 2020, Aliko Dangote is still the richest man in Nigeria and Africa as A whole.Born Into a wealthy business oriented family in Kano State, Nigeria, he grew up learning how to do business from those around him especially his uncle.At the age of 21, this same uncle of his gave him a loan of $3,000 which he invested into sugar and rice business.Importing sugar from Brazil and rice from Thailand.He is today the owner of the third largest sugar refinery in the world, Dangote Sugar Refinery PLC.He is also the owner of Nigeria’s number one Cement manufacturing company, Dangote Cement PLC.His other companies include National Salt Company of Nigeria PLC and Dangote Flours Mills PLC.He is reported to be currently building a petroleum refinery in Lagos Nigeria worth $10 billion.At completion by 2020, the refinery is expected to be producing nothing less than 650,000 barrels oil everyday.Michael Adenuga Jr is the chairman of Globacom, Nigeria’s second largest telecommunication Network.He is also the owner of one of the most successful oil and Gas companies in Nigeria, Conoil (formerly known as consolidated oil).In 1991, his young oil company company then struck oil in the southwestern part of Ondo State in a very large quantity.This alone catapulted him into some serious money.In 1999, Adenuga received a conditional license to start and operate a telecommunication company in Nigeria.That company is what is today known as Globacom or Just “Glo”.From a very small company in 1999, that telecom operator has grown so much to become the second largest telecom network in the company today, challenging MTN and outshining others like Airtel and 9mobile.Otunba Mike Adenuga may not be as rich and popular as Dangote, but from the look of things he seems to be on his way to overtake him as the richest man not only in Nigeria but also in Africa as a whole.With a networth of about $5.9 billion, Adenuga is the second richest in Nigeria and as well in Africa.Abdul Samad Rabiu is the chairman of BUA Group, one of the biggest cement manufacturing companies in West Africa .The Group also has interests in real estate, sugar refining and so many other things.With a net worth of about $2.6 billion, Mr. Abdul Rabiu is currently the third richest man in Nigeria.Though Mr. Sanomi 11 is not as popular as the other three up there, the young man is seriously in money.With a net of $1.3 billion, the young founder of Taleveras Group is currently the 4th wealthiest businessman in Nigeria.His company Taleveras Group is an oil and gas sector of the country.The founder and chairman of South Atlantic Petroleum, Theophilus Danjuma is among the wealthiest men currently in Nigeria.His oil and gas company has reportedly expanded to Benin Republic, Madagascar and several other African countries.As of 2015, Mr. Danjuma was estimated to be worth about 475 million, making him one of Nigerian richest men alive.When it comes to Philanthropy, Tony Elumelu is to Nigeria what Bill Gates is to America.His foundation, Tony Elumelu Foundation has trained and supported over 3,000 entrepreneurs from all over Africa to start their own business in order to better the continent.My favourite Nigerian billionaire of all time, Mr. Elumelu is an extraordinary philanthropist whose acts of kindness have greatly changed the lives of several young men and women in Nigeria and beyond.Take away his philanthropy and you will see him competing with Dangote and Adenuga for the richest man in Nigeria.Elumelu is the chairman of United Bank for Africa, one of Nigeria’s biggest financial institutions with a strong presence in over 70 countries all over the world.He is also the chairman of Transcorp, Heirs Holdings and several other companies in Nigeria today.Tony Elumelu is estimated to be worth over & 700 million.
Net worth=$1.4 billion; Source of wealth=cement (BUA cement), sugar; Current Age-59 years; BUA boss is the third on the richest men in Nigeria list 2020. For 2020, Abdulsamad Rabiu’s net worth was estimated to be $700 Million.
In 2013, Forbes estimated Abdul Samad’s wealth at $1.2 billion, bringing him to the global billionaire’s club with net worth estimated to be $700 million. In addition to his assets in the BUA Group, Rabiu owns property in Britain, worth $62 million, and in South Africa, worth $19 million. Abdulsamad Rabiu Net Worth Facebook Twitter So you’re wondering what is Abdulsamad Rabiu's net worth? Nigeria’s business mogul and third richest man, who cemented his return to Forbes’ African Billionaires List this year since dropping off it in 2015, says he owes his $1.6 billion net worth to being a disruptor – and to being stubborn. During this period, Abdulsamad was away in the US getting his bachelor's degree. He worked his way to transforming his millions into billions and credits a series of radical decisions to the rise of the empire that Abdulsamad has built today.© 2020 Celebrity Net Worth / All Rights Reserved,© 2015 Celebrity Net Worth / All Rights Reserved,The Five Richest People In Nigeria Could Wipe Out All Of The Country's Extreme Poverty,How Aliko Dangote Became The Richest Black Man on the Planet and Africa's Secret Weapon,The Four Richest Nigerian Billionaires Are Worth More Than $24 Billion.All net worths are calculated through the combination of a robust methodology and a proprietary algorithm.
According to Forbes as of August 2020, Abdul Samad's net worth was estimated at $3.1 billion. Want to know the richest billionaires (in Dollars) in Nigeria, both men, and women? He owns a pent house at The one and only hotel in cape town, South Africa and the United States of America. Among his properties is a house in Gloucester Square in London worth nearly $16 million and a penthouse at The One & Only Hotel, in Cape Town, worth $12.6 million. He went out on his own in 1988 and started BUA group, importing rice, sugar and edible oils as well as steel and iron rods and has since made quite a fortune for himself. His father had made his fortune from trading in the years after Nigeria's independence. He is the founder of BUA Group, a Nigerian conglomerate with interests in … Abdul Samad Rabiu is the chairman of BUA Group, one of the biggest cement manufacturing companies in West Africa . Abdulsamad Rabiu net worth: Abdulsamad Rabi is a Nigerian businessman who has a net worth of $700 million. We work diligently to ensure that our numbers are the most accurate celebrity net worth data you will find anywhere on the internet.Submit a correction suggestion and help us fix it!How Folorunsho Alakija Went From Humble Secretary To Multi-Billionaire Oil Tycoon,The 10 Richest Black People In The World Today,The Richest Black Billionaires In The World Right Now. The company that prints the popular Nigerian Newspaper, Daily Sun.He is also the owner of SLOK Holding and New Telegraph Newspaper.Prior to his April 2019 ranking, Femi Otedola occupied a top spot on Forbes list of Nigeria richest men.However the oil magnet has since then dropped to a net worth of $300 million according to the latest information available on his Wikipedia page.Mr Otedola (or Ote$$$ as he writes on his social media pages), is a renown businessman, entrepreneur and a philanthropist.He is currently the chairman of so many successful companies in Nigeria like Forte Oil PLC, Swift Insurance, SeaForce Shipping Company Ltd, FO Properties Ltd and Zenon Petroleum and Gas Ltd.Otedola like Dangote and Tony Elumelu, is quite popular among Nigerians. Amongst the four, Aliko Dangote , President of Dangote Group retained his spot as the World’s richest black person with a fortune of USD10.1 billion.
Let's take an in-depth look at how much Abdulsamad Rabiu is worth. Of course he is also the father to the popular Nigerian DJ and musician, DJ Cuppy.Other people that are known for their great wealth in Nigeria and worth mentioning here includes:Jimoh Ibrahim: He is the chairman of Global Fleet Group and is heavily into Oil and Gas industry.Pascal Dozie: the chairman of Diamond Bank (now merged with Access Bank), Kunoch Limited and MTN Nigeria.Others like Innoson and Arthur Ezeh are worth watching out for as these men are seriously expanding the reach of their business every single day that goes by.Like I said earlier on, Nigeria is a country of billionaires. By the mid 70s, Abdulsamad's father became quite influential and he was a point man in the political scene. With a net worth of about $2.6 billion, Mr. Abdul Rabiu is currently the third richest man in Nigeria. Abdul Samad Rabiu. Full Name: Abdul Samad Isyaku Rabiu Born: 4 August, 1960 Birth place: Kano Nationality: Nigerian Net worth: 2.8 billion USD (2020) Education: Capital University Famous as: Businessman, founder BUA Group
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