Networth: $700 million (Wikipedia)
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.