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

By | April 14, 2012

No 9. Hakeem Bello Osagie

Networth: Forbes – $450 million
Age: 57
Source: Telecom, Banking, Investments

Hakeem Bello started his career as the Special Assistant to the Presidential Adviser on petroleum and energy and later Special Assistant to the Minister of Petroleum and Energy. He later worked in the Petrochemicals Division of the Nigerian National Petroleum Corporation. He resigned his appointment in 1986 to set up CTIC, which became a leading energy consulting firm.

Hakeem Belo-Osagie, is a Harvard-trained petroleum economist and chairman of Etisalat Nigeria, the Nigerian operations of United Arab Emirates-based telecom provider Etisalat. he controls a 12.5% stake in Etisalat Nigeria through his holding companies, Premium Telecommunications Holdings and MyaCynth. Hakeem bello has also previously served as Chairman of United Bank for africa (UBA) one of the country’s largest banks by assets. Osagie got a bachelor’s degree in Philosophy, Policy and Economic from Atlantic College, Wales before moving on to Cambridge University , where he took a bachelor’s degree in law in 1978. He also holds an MBA from the prestigious Harvard Business School.

Hakeem’s business interests span the financial, legal and medical sectors. He is a philanthropist and one of the largest donors to the African Leadership Academy, a residential secondary institution in Johannesburg, South Africa, which trains Africa’s brightest students for a future of leadership. He serves on the board of Timbuktu Media a new publishing house in Nigeria.

View Next >> – No 10. Abdulsamad Rabiu

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

  1. Chuks

    I hereby bless all the 11 eminent and notable Nigerians who made this exclusive list. I am decreeing and praying for Aliko Dangote to become the World’s richest man in the soonest possible time. African Entrepreneurs will dominate the world because we are here to stay. Thank you Naira Brains for this post.

    May the winds of Prosperity avail us all much good.

  2. Yahaya

    Some of your info are incorrect. Sayyu Dantata is not a cousin of Aliko Dangote, rather he’s his half-brother as both are the sons of Dr. Mariya Sanusi Dantata.

    1. Paul Eze Post author

      Thanks for stopping by and taking the time to point somethings out

  3. Maureen peres d yerinmene

    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

    1. Paul Post author

      The amounts are in US Dollars as indicated in the article

  4. FaithKeen

    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.

  5. Ikenna

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

    1. Paul Post author

      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.


    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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