Richest Igbo Men In Nigeria

It has nothing to do with the language they speak though

By  | Jun 08, 2022, 09:02 AM  | Top of The

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One of Nigeria's most productive ethnic groups is the Igbo. These people have continuously generated billionaires and multimillionaires due to their perseverance and hard work.

Here are some of the richest Igbo men in Nigeria as compiled by Forbes.

Arthur Eze



In the Nigerian oil and gas industry, Arthur Eze is a force to be reckoned with. One of Nigeria's largest privately-owned petroleum corporations, Atlas Oranto Petroleum, is run by him as CEO.

A native of Ukp, Dunukofia Local Government Area in Anambra State, Arthur Eze was educated in the 1970s at St. Augustine Secondary School in Nkwere, Imo State, before attending California State University in 1974 to pursue a degree in Mechanical and Chemical Engineering.

A rich Igbo guy and a member of the royal family, Arthur Eze is often referred to as Prince Arthur Eze. The Ndi Igbo name for him is 'Ozoigbondu'. 

The estimated net worth of Prince Arthur Eze is $5.8 billion. And is among the richest Igbo men in Nigeria.

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Ibeto Cletus M.


Cletus Ibeto comes in second place on our list of the richest Igbo men in Nigeria. He was born on December 6th, 1952 in Nnewi, Anambra State as Cletus Ibeto. Even though he wasn't born with a silver spoon, he is today one of the richest Igbo people in dollars.

Entrepreneur and powerful businessman in Nigeria, he is primarily involved in the transportation industry, selling motor spare parts, but has now expanded into other companies, including banking, real estate, cement manufacture, and automobile couplings.

The IBETO Group is Nigeria's most prominent maker of automobile replacement parts. As a result of all of these successful investments, Cletus Ibeto has become one of the world's wealthiest Igbo men, with a net worth of $3.8 billion.

Innoson Motors is a well-known Nigerian automaker, and Cletus Ibeto helped create the firm and owns several of the company's automobiles.

He stands as one of the richest Igbo men in Nigeria at the moment.

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Benedict Peters


One among the richest Igbo men in Nigeria is the more well-to-do entrepreneur Benedict Peters. 

In the petroleum and gas industry, he is the founder and CEO of Aiteo Group. Ebonyi state is where he was born, while Delta State is where he's from. The University of Benin is where Benedict Peters earned a degree in Geography and Urban Planning.

Oil Mining Lease 29 (OML) and the Nembe Creek Trunk Line (NCTL) in the Eastern Niger Delta are reportedly owned by Aiteo Group.

Benedict Peters is a devoted husband and father of four.

The estimated wealth of Benedict Peters is $3.3 billion.

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Emeka Offor



Ezekiel Emeka Offor was born on February 10th, 1957 in Ekwusigo LGA, Ekwusigo Local Government Area of Kaduna State, although he hails from Irefi Oraifite, Ekwusigo LGA. This guy is well-known for his generosity and success in the business world.

It is through Rivways Lines Nigeria Ltd that he imports bitumen, he was advised by Pa Abadi, and he was also assisted by him in obtaining the capital he needed to import his first bitumen, and within two years he was able to supply big construction firms like Julius Berger Nig. Ltd, Fougerolle Nigeria Ltd, and Guffanti Nigeria Ltd with the material.

It is estimated that Emeka Offor's net worth is $2.9 billion as a result of his dedication to business. He is currently one of the richest Igbo men in Nigeria at the moment.

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Tony Elumelu



Nigerian business magnate Tony Elumelu is estimated to be worth $1.4 billion.

Before founding his own company, Heir Holdings, he was the CEO of UBA. The Tony Elumelu Foundation, which he founded, has given thousands of African entrepreneurs their start-up capital.

At UBA, he helped the bank go from being a Nigerian institution to one with a presence in 19 African countries during his tenure there.

The Harvard Business School-educated Tony Elumelu is also well-known for his work in government and non-profit organizations.

He has investments in financial services, real estate, hospitality, agribusiness, and the healthcare industry in total. Heir Holdings, his investment company, is in charge of these investments.

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