7 Nigerian Billionaires who don’t like Show Off; Ondo State’s Elizade Tops the list (See Full list)

Here are seven Nigerian billionaires whose businesses are known and widely accepted but their personalities and lifestyles are shredded from the public.

Some Nigerian billionaires find discomfort in showing off their wealth and their activities are far away from the social media space.

Some of them do so for security reasons while others believe in modesty and personal reasons.

These are business tycoons, entrepreneurs and industrious leaders and players in various fields whose businesses are known and widely accepted but their personalities are shredded from the public unlike some of their peers.

Business Insider Sub-Saharan looks at some of these personalities and their businesses in the Nigerian environment:

1. Michael Ade Ojo

7 Nigerian billionaires who don't like show off
7 Nigerian billionaires who don’t like show off (Guardian Nigeria )

Elizade Motors Nig Limited, Distributor of Toyota cars and Elizade University

Net Worth: Undisclosed but estimated to be around $2 billion

2. Leo Stan Ekeh

7 Nigerian billionaires who don't like show off
Leo Stan Ekeh (Independent Newspaper)

Chairman/CEO of Zinox Technologies Limited, Africa’s most integrated ICT firm.

Net worth: $1 billion

3. Jim Ovia

7 Nigerian billionaires who don't like show off
7 Nigerian billionaires who don’t like show off (Business Today)

Banking, Real Estate and Communications

Jim Ovia is the founder of Zenith Bank. He is the chairman and largest individual shareholder with a stake of slightly more than 9% stake. He also owns prime real estate across Nigeria, and mobile telecom operator Visafone, which has 3 million subscribers.

Net worth: $1 billion

4. Pascal Dozie

7 Nigerian billionaire who don't like show off
Pascal Gabriel Dozie (Guardian Nigeria)

Chairman MTN Nigeria, Diamond Bank

Net worth: $1.1 billion

5. Oba Otudeko

7 Nigerian billionaires who don't like show off
Oba Otudeko (Premium Times Nigeria)

Founder, Honeywell Group, Chairman FBN Holdings, Airtel Nigeria and Fan Milk of Nigeria

Net worth: $650 million

6. Cletus Ibeto

7 Nigerian billionaires who don't like show off
Cletus Ibeto (Cityspy)

Chairman of Ibeto Group (with interests in automobile parts, cement production, energy, petrochemical and the real estate industry). He is also the owner of Ibeto Hotels

Net worth: $1.5 billion

7. ABC Orjiakor

7 Nigerian billionaires who don't like show off
ABC Orjiakor

Co-Founder & Chairman, Seplat Petroleum, CEO, Shebah E&P Company Limited

Net worth: $1.5 billion

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