Exclusive List of 11 Richest Nigerians in 2011: Their Net Worth, How They Got Rich


No 7. Jimoh Ibrahim

Networth: $700 million (Wikipedia)
Age: 45
Source: Conglomerate (insurance, airline, Oil & Gas)

Jimoh Ibrahim is currently the Group chairman and Chief Executive of Global Fleet Group, a conglomerate with diversified business interests in Nigeria and neighbouring West African countries. Global Fleet initially started out as a petroleum marketing company in 2004 but has evolved to a conglomerate with subsidiary companies such as NICON Insurance, Nigeria Re-insurance Corporation, NICON Luxury Hotel, Global Fleet Industries, Global Fleet Oil and Gas (an oil and gas marketing comapny with estimated 200 gas stations) etc.

Mr Jimoh’s Global Fleet Group also controls Air Nigeria which came after it bought out the former Virgin Atlantic Airline, and Meidan Hotel, Lagos.

He also went into communications with the acquisition of VGC Communications.

Mr Jimoh’s estimated networth which comes mostly from Global Fleet Group is put at $700 million.

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Paul Eze is an Entrepreneur and the Managing Editor of NairaBrains.com. Click here to Follow @PaulEmekaEze on Twitter

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8 Responses to “Exclusive List of 11 Richest Nigerians in 2011: Their Net Worth, How They Got Rich”

  1. Maureen peres d yerinmene says:

    I aknowledged the effort of alhaji aliko dangote for emerging the richest man in the africa and 76th man in the world today. I pray may the good lord gives him the strength and the desire to become the richest man in the world just as carlos slim and bill gate in the world today

  2. FaithKeen says:

    Paul are the amount in US dollars or another currency?

  3. FaithKeen says:

    I applause Mr. Aliko Dangote if you is giving back to the people in his country to give them a better life and to grow the country because I like to visit there one day.

  4. Paul says:

    We wish you luck in your noble plan

  5. Ikenna says:

    I think there are more richer Nigerians, is this list really exhaustive?

    • Paul says:

      This is not meant to be an exhaustive list. We try to showcae the richest 11 in 2011. However we also carry more research to expand the list. The challenges of access to information and record keeping also affects compilation of lists like this.

  6. I want to be associated with Aliko Dangote for the funding of my NGO’S projects.
    They need to know how peace must reign in our nation Nigeria.

    Also for my personal development and some community development.

    Thank you.

    Best regards

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