You may know Dangote, Otedola, and Davido but what about Nigeria’s silent billionaires? In 2025, several Nigerians have built enormous wealth without seeking fame or media attention. These silent billionaires keep a low profile but control billions in business, oil, tech, real estate, logistics, and importation.
In this guide, we reveal the Top 10 Silent Billionaires in Nigeria and Their Net Worth in 2025, based on assets, lifestyle, business ownership, and verified sources.
Who Is a Silent Billionaire?
A silent billionaire in Nigeria is someone whose wealth is massive but who avoids the limelight. They rarely grant interviews, avoid flashy shows of wealth, and quietly dominate their industries. Many of them inherited wealth, built empires from scratch, or made smart investments in oil, real estate, manufacturing, or global trade.
1. Jowi Zaza – ₦75 Billion
Real Name: Joseph Ezeokafor Jr.
Industry: Oil & Gas (Jes Oil)
State: Anambra
Age: 30s
Jowi Zaza tops this list as the richest silent billionaire in Nigeria under 40. He is the heir to Jes Oil Nigeria Limited, with petrol stations and energy assets across the country. He owns properties in Lagos, New York, and London, and drives a ₦2 billion luxury car fleet yet remains low-key and press-shy.
2. Theophilus Danjuma – ₦820 Billion
Industry: Oil & Gas, Shipping, Agriculture
State: Taraba
Age: 80s
General T.Y. Danjuma may not trend on social media, but his net worth is staggering. His company, South Atlantic Petroleum (SAPETRO), controls oil blocks worth billions of dollars. Danjuma is also a major player in shipping and owns large-scale agricultural estates. He avoids the spotlight but is one of Nigeria’s wealthiest non-royal citizens.
3. Mohammed Indimi – ₦700 Billion
Industry: Oil, Manufacturing, Construction
State: Borno
Age: 70s
Founder of Oriental Energy Resources, Indimi is the father-in-law to President Buhari’s daughter and a silent power figure in oil circles. His net worth is massive, yet he keeps a humble image. His children are active in fashion, oil, and international business.
4. Igho Sanomi – ₦250 Billion
Industry: Energy, Shipping, Investment
State: Delta
Age: 40s
Igho Sanomi made billions as the founder of Taleveras Group, a global oil and power trading firm. Despite his international business reach, he keeps a quiet profile in Nigeria. He owns luxury properties and has been ranked among Africa’s richest under 50.
5. Prince Arthur Eze – ₦600 Billion
Industry: Oil & Gas (Atlas Oranto Petroleum)
State: Anambra
Age: 70s
Prince Arthur Eze is both a billionaire and a traditional figure in the East. He owns Atlas Oranto Petroleum, with oil blocks across Africa. Despite his immense wealth, Arthur Eze maintains a low presence in political and business media. His philanthropic efforts span education, roads, and scholarships.
6. Emeka Offor – ₦300 Billion
Industry: Oil, Power, Logistics
State: Anambra
Age: 60s
A prominent but media-shy businessman, Sir Emeka Offor controls Chrome Group, a diversified business conglomerate. His assets include upstream oil, gas pipelines, telecom towers, and power distribution. He is respected in elite circles but avoids the public spotlight.
7. Cletus Ibeto – ₦400 Billion
Industry: Cement, Manufacturing, Auto Parts
State: Anambra
Age: 70s
Cletus Ibeto is a major industrialist and founder of Ibeto Group. He built Nigeria’s largest indigenous cement company and has stakes in oil trading, shipping, and car batteries. His name rarely trends online, but he’s a known billionaire among business elites.
8. Sani Bello – ₦250 Billion
Industry: Telecom, Oil, Construction
State: Niger
Age: 70s
Sani Bello, father of former Niger State Governor Abubakar Bello, made his fortune in oil and telecom long before MTN came to Nigeria. He remains influential in the north and lives a quiet, business-focused life.
9. ABC Orjiako – ₦220 Billion
Industry: Oil & Gas (Seplat Energy)
State: Anambra
Age: 60s
Dr. ABC Orjiako co-founded Seplat Energy, one of the few Nigerian oil companies listed on both the London and Nigerian stock exchanges. A trained surgeon turned oil magnate, he rarely appears in media, preferring a professional and philanthropic image.
10. Benedict Peters – ₦300 Billion
Industry: Oil & Energy (Aiteo Group)
State: Delta
Age: 50s
Peters runs Aiteo Group, an energy giant with oil block OML 29 formerly owned by Shell. He is low profile and doesn’t attend celebrity events or give interviews yet Aiteo’s revenues are in the hundreds of billions yearly.
Summary Table: Silent Billionaires in Nigeria and Their Net Worth (2025)
Name | Net Worth (₦) | Industry | State |
---|---|---|---|
Jowi Zaza | ₦75B | Oil & Real Estate | Anambra |
Theophilus Danjuma | ₦820B | Oil, Agriculture | Taraba |
Mohammed Indimi | ₦700B | Oil & Manufacturing | Borno |
Igho Sanomi | ₦250B | Oil, Shipping | Delta |
Prince Arthur Eze | ₦600B | Oil & Philanthropy | Anambra |
Emeka Offor | ₦300B | Power & Oil | Anambra |
Cletus Ibeto | ₦400B | Cement, Auto | Anambra |
Sani Bello | ₦250B | Telecom & Oil | Niger |
ABC Orjiako | ₦220B | Oil (Seplat) | Anambra |
Benedict Peters | ₦300B | Oil (Aiteo) | Delta |
FAQs – Silent Billionaires in Nigeria 2025
Q: Who is the richest silent billionaire in Nigeria?
A: General Theophilus Danjuma, with an estimated net worth of ₦820 billion.
Q: Is Jowi Zaza richer than Cubana Chief Priest?
A: Yes. Jowi Zaza’s net worth is ₦75 billion, while Cubana Chief Priest is estimated around ₦4.8 billion.
Q: Are silent billionaires on Forbes list?
A: Most are not on Forbes Africa's official rankings, but their wealth is well-documented locally.
Q: Why do they keep a low profile?
A: For privacy, security, and personal preference. Some inherited wealth, others avoid media exposure.
Q: Which state has the most silent billionaires?
A: Anambra State, with at least 4 names on this list.
Final Thoughts on Silent Billionaires in Nigeria and Their Net Worth 2025
While musicians and influencers dominate headlines, these silent billionaires in Nigeria quietly shape the economy behind the scenes. Their wealth spans oil, energy, real estate, telecoms, and global investments.
From Jowi Zaza’s luxury lifestyle to Danjuma’s oil empire, these men prove that you don’t have to be loud to be powerful. Whether inherited or self-made, their journeys reflect smart planning, business focus, and calculated silence.
If you’re inspired by success without noise, these are the billionaires to study and learn from in 2025.