Youngest Billionaire in Nigeria 2020: Top 10 Youngest Nigerian Billionaires

youngest billionaires in nigeria 2020

Nigeria is reported to have the highest number of billionaires in Africa. Nigeria have many young men who built multi-million dollar companies and have gone down in the records as the innovative, having interest in various sectors of the economy.

Who Is The Youngest Billionaire In Nigeria 2020?

According to Wikipedia, a billionaire is a person with a net worth of at least one billion units of a given currency, usually major currencies such as the United States dollar, the euro or the pound sterling.

Igho Sanomi is ranked the youngest billionaire in Nigeria with a net worth of $1 billion dollars.

Here’s a list of the youngest billionaires in Nigeria today, mostly in the tech industry, media and businesses.

Top 10 Youngest Billionaires in Nigeria 2019

1. Igho Sanomi


Igho Sanomi (born 17 May 1975) is a Nigerian businessman, geologist, public speaker and philanthropist with business interests in oil, telecommunications, the maritime industry, aviation and real estate. He is the current executive director of Cosmos oil AG and founder of Taleveras. He’s a jack of all trades, master of all. Igho Sanomi is undoubtedly the youngest billionaire in Nigeria 2020 with an estimated net worth of $1 billion.

2. Ladi Delano


Second on the list is Ladi Delano. He is the founder of Solidarnosc Asia, a Chinese Alcoholic Beverage Company which he built in 2004 when he was just 24 years old. This establishment produced the best brand of vodka, Solid XS.

Delano’s Indonesian Conglomerate has provided over $900 million worth of funding for investment in Nigeria. In 2012, he was Nigeria’s youngest billionaire and was also named as one of Forbes’ youngest millionaires to watch in Africa. At the moment, Delano runs a $1 billion joint venture with Bakrie Group of Indonesia.

3. Linda Ikeji


At number 3, we have Linda Ikeja, the most popular and richest blogger in Africa. Born 19th September 1980, Linda first started as a model before she became an influential person.

Currently, Forbes rates her as the highest paid blogger in the country with an estimated net worth of 3.2 billion naira

4. Jason Njoku


Jason Chukwuma Njoku (born 11 December 1980) is a Nigerian entrepreneur, film magnate and African start-up investor. He is the co-founder and CEO of iROKOtv, one of the early video-on-demand movie platforms for Nigerian movies (also known as Nollywood).

A self-proclaimed serial entrepreneur, iROKOtv is Njoku’s 11th attempt at starting a business. He came up with the idea of launching a new distribution platform for Nollywood whilst living at home with his mum, aged 30, after a number of failed enterprises.

With his various investments and businesses, he’s listed as the 4th youngest billionaire in Nigeria 2020. Forbes named him among the ten Young African Millionaires to watch out for.

5. Sijibomi Ogundele


Sijibomi Ogundele has an estimated net worth of $200 million dollars. He’s one of the youngest billionaires in Nigeria 2020. He’s an entrepreneur, an investor, and also a business person.

Sijibomi Ogundele has projects in Ghana and Nigeria. His first project was the Lincoln Avenue in Accra, Ghana. He owns several luxurious projects in Nigeria including the classic Medici Luxury Terraces.

He’s also the owner and founder of the Sujimoto Construction Company Ltd, a multi-million dollar construction firm with presence in major cities around the world.

6. Abiola Olaniran


Sixth on the list of youngest nigerian billionaires 2020 is Abiola Olaniran, founder of the popular Nigerian gaming company, Gamsole.

His interest in software programming at a young age that spurred him to study Computer Science and Mathematics at the Obafemi Awolowo University, Ile-Ife. Since the inception of Gamsol in 2012, the company’s game has over 10 million downloads both local and international from the Windows Phone store.

7. Tayo Oviosu


If you’ve heard of Paga, then you may have an idea of who Tayo Oviosu is. Paga is the brainchild of Pagatech Limited, a company founded by Tayo Oviosu in 2009.

Prior to launching Paga, Tayo worked at Cisco as the Manager, Corporate Development where he was responsible for strategy, acquisitions, and private equity investments in four technology sectors including Virtual Computing, Application Networking, Security, and Network Management.

8. Mark Essien


Mark Essien was listed among the top 30 youngest entrepreneurs in Africa in the year 2015. He is the founder of, a prominent hotel booking company in Nigeria. He was born on the 18th of December, 1980. Essien is a Nigerian entrepreneur, software developer and startup investor.

Prior to founding, he had previously built a file sharing software called Gnumm which was acquired by

9. Tony Rex Idaminabo


Tonye Rex is a young Nigerian entrepreneur recognized by Forbes Africa as one of the 30 Most Promising Entrepreneurs in Africa.

Tonye Rex Idaminabo, a 34 year-old Nigerian lawyer and entrepreneur, is the founder of African Achievers Awards, a set of annual awards bestowed on Africa’s most accomplished achievers in politics, diplomacy and entrepreneurship.

10. Iyinoluwa Aboyeji


From Andela to Flutterwave, Iyinoluwa Aboyeji has been blazing the trail with his innovative startups. He was the brain behind Bookneto, an online learning platform in Canada currently managed by the Canadian Innovation Centre.

His current business, Flutterwave is a provider of technology and infrastructure solutions for digital payments across Africa. The company is a multimillion dollar company that has processed over $760 million through 7.5 million transactions for merchants in partnership with financial institutions across Africa.