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10 Richest Billionaire In Delta State And Their Businesses

Billionaires not only exemplify financial success but also influence global markets, drive innovation, and engage in philanthropic efforts to address societal challenges. Below are the most successful billionaire from the oil rich Delta State;

(1) Benedict Petersi

Aiteo led by pan-African billionaire Benedict Peters launches new premium crude oil grade to global marketA Nigerian businessman and founder of Aiteo Group, a prominent energy company involved in oil and gas exploration, production, and power generation. Originally from Onicha-Olona in Delta State, Peters established Aiteo in 2008, growing it into one of Nigeria’s largest indigenous oil firms with major operations in the Niger Delta. Known for his strategic investments across Africa, Peters has positioned Aiteo as a key player in both Nigeria’s petroleum industry and West Africa’s energy sector.

Beyond energy, he has interests in real estate and philanthropy, often supporting initiatives in education, healthcare, and sports. His net worth is estimated at around $2.7 billion, placing him among Nigeria’s wealthiest individuals and most influential energy entrepreneurs.

(2)Jim Ovia

Tinubu appoints Jim Ovia as chairman of education loan fund | TheCable

Is  one of the richest individual from Delta state. Nigerian businessman and the founder of Zenith Bank, one of Nigeria’s largest and most successful financial institutions. Known for his visionary leadership, Ovia established Zenith Bank in 1990, growing it into a top-tier banking institution in Africa. Besides banking, he invests in various sectors, including real estate and telecommunications, notably owning Visafone, a former telecom company in Nigeria. With a net worth estimated at around $1 billion, he’s among Nigeria’s wealthiest individuals. Ovia is also a philanthropist, supporting education and entrepreneurship in Nigeria, notably through the Jim Ovia Foundation, which funds scholarships and youth programs.He is from Agbor.

(3) Tony Elumelu

Tony Elumelu - Last week, I had some issues with my page... | FacebookHe is a Nigerian entrepreneur, economist, and philanthropist from Onicha-Ukwu in Aniocha North Local Government Area, Delta State. He is best known for his role in building United Bank for Africa (UBA) into a leading pan-African financial institution, operating in 20 African countries, as well as in the United States, United Kingdom, and France. Elumelu is the Chairman of UBA, founder of Heirs Holdings (his investment firm), and the Tony Elumelu Foundation, which focuses on promoting entrepreneurship across Africa.

Through Heirs Holdings, Elumelu has investments in various sectors, including energy, healthcare, real estate, and hospitality. Heirs Holdings notably acquired the Nigerian operations of Transcorp Power, one of Nigeria’s largest power plants, as part of his commitment to improve energy infrastructure in Nigeria and West Africa.

With an estimated net worth of around $700 million, Tony Elumelu is one of Nigeria’s most influential business figures. His Tony Elumelu Foundation Entrepreneurship Programme has empowered over 10,000 entrepreneurs across Africa, reflecting his vision of “Africapitalism,” a philosophy that advocates for long-term investment in African businesses to drive economic growth and create social wealth.

(4)Ayiri Emami

Ayiri Emami Blows Hot: No New Olu of Warri Yet” - TheBoss NewspaperA Nigerian businessman, politician, and philanthropist from Warri in Delta State. Known for his wealth and influence in the Niger Delta, Emami is actively involved in the oil and gas sector, with various investments in energy and real estate. He is also a prominent figure in the traditional leadership of the Itsekiri community, serving as a chief and adviser on regional issues.

Ayiri Emami has made significant investments in luxury and hospitality businesses, and his philanthropic efforts have supported community development, education, and healthcare in Delta State. His net worth is estimated to be around $100 million, establishing him as a notable figure in the Nigerian business landscape and an influential voice in regional matters.

(5) Emmanuel Ifeanyi Emefe is another Nigerian billionaire. He is an entrepreneur, known for his ventures in agriculture, technology, and real estate.  Emefe is recognized for promoting innovation in agribusiness, with a particular focus on sustainable farming practices and food production that address food security in Nigeria and across Africa. Through his various companies, Emfe has invested in advanced agricultural technologies and sustainable practices to increase productivity and support local farmers.

In addition to agriculture, Emfe has interests in technology, focusing on digital solutions and platforms that facilitate business operations and e-commerce in Africa. His investments extend into real estate, where he has developed residential and commercial properties. Although his exact net worth is not widely reported, Emfe is regarded as a successful businessman with growing influence in Nigeria’s agriculture and tech sectors.

(6) Sen Prince Ned Nwoko

Senator (Dr.) Prince Ned Nwoko (@Prince_NedNwoko) / XA lawyer, politician and businessman from Idumuje-Ugboko in Aniocha North Local Government Area of Delta State. Known for his work in politics and investments in tourism, real estate, and agriculture, Nwoko gained national attention as a member of Nigeria’s House of Representatives from 1999 to 2003. He is a significant figure in Nigerian business, particularly for his development projects and initiatives to boost tourism.

One of his major ventures is the Mount Delta Resort, a tourism and leisure destination in Delta State that aims to attract both local and international visitors. Nwoko is also actively involved in sports development and malaria eradication initiatives across Africa, particularly through the Ned Nwoko Foundation, which is committed to eliminating malaria in Africa.

His net worth is estimated to be around $1 billion, largely stemming from his investments in real estate, tourism, and other sectors. Nwoko’s influence spans both business and social causes, making him a notable figure in Nigeria’s business and philanthropic communities.

(7) Olorugun Otega Emihor

Olorogun O'tega Emerhor OON... - Olorogun O'tega Emerhor OONA prominent business man and entrepreneur from the Urhobo ethnic group, primarily located in Delta State, Nigeria. He is known for his significant contributions to the oil and gas sector, particularly through his company, Otega Group, which is involved in various aspects of the energy industry, including oil exploration, production, and distribution.

In addition to his ventures in the oil and gas sector, Olorugun Emihor has diversified his business interests to include investments in real estate, agriculture, and telecommunications. His entrepreneurial spirit and strategic investments have made him a respected figure in the Nigerian business community.

While exact figures regarding his net worth are not publicly disclosed, estimates place it in the hundreds of millions of dollars, reflecting his success in the energy sector and other business ventures. Olorugun Emihor is also known for his philanthropic efforts, supporting educational initiatives and community development projects in his region.

(8) Victor Ochie

Victor Ochei Nigerian businessman mogul and politician and known for his significant investments in various sectors, including oil and gas, real estate, and agriculture. He hails from Delta State, Nigeria, Ochie has built a diverse portfolio of businesses that contribute to his wealth and influence in the Nigerian economy.

His ventures in the oil and gas industry include exploration and production, making him a notable figure in this lucrative sector. Also, Ochie is involved in real estate development, where he has successfully completed several projects that contribute to housing and commercial needs in Nigeria. His investments in agriculture also reflect a commitment to food security and sustainability within the region.

While specific details about Victor Ochie’s net worth are not widely publicized, he is regarded as a successful entrepreneur with a wealth estimated to be in the hundreds of millions of dollars, positioning him as a significant player in the Nigerian business landscape. His entrepreneurial success and community engagement further enhance his reputation as a respected leader in Delta State and beyond.

(9)Godwin Agofure is a businessman from Udu, a town in Delta State. He is known for his diverse business interests, particularly in the oil and gas sector, where he has made significant investments. Agofure is the founder of G.A. Agofure Group, which focuses on oil exploration, production, and distribution.

In addition to his ventures in oil and gas, Agofure is involved in logistics, transportation, and real estate, contributing to his wealth and influence in the region. His businesses play a vital role in supporting local economies and creating job opportunities.

While specific figures regarding his net worth are not publicly available, he is considered a successful businessman with wealth estimated in the hundreds of millions of dollars, reflecting his accomplishments in various industries. Godwin Agofure is also known for his philanthropic efforts, supporting community development and education initiatives in Delta State

(10)Michael Ikuku

This gentle man is one of the richest business man from Ika North East Local Government Area in Delta State. He is known for his significant investments in the oil and gas sector, as well as ventures in real estate and agriculture. Ikuku has built a reputation for his strategic business approaches, focusing on sustainable practices and community development.

While specific details regarding his net worth are not widely publicized, estimates suggest it is in the hundreds of millions of dollars, reflecting his success in the energy and real estate markets. Michael Ikuku is also recognized for his philanthropic efforts, contributing to educational and healthcare initiatives in his community.

 

 

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