Have you ever wondered who the richest men in Anambra State are? What industries have they invested in to accumulate their wealth? If you’ve been asking these questions, you’re in the right place!
Anambra State, located in southeastern Nigeria, is home to many wealthy individuals who have made their fortunes in sectors such as banking, real estate, oil, and manufacturing. These billionaires not only have impressive business empires but have also played key roles in shaping the local and national economy.
In this article, we will take a look at the top 10 richest men in Anambra State in 2025. We’ll explore their industries, net worth, and how they achieved success in their respective fields. Let’s dive in!
1. Ifeanyi Ubah — Oil & Gas Tycoon ($1.5 Billion)
Ifeanyi Ubah is one of the richest men in Anambra State, with a net worth of approximately $1.5 billion. He is the founder of Capital Oil, a major player in the Nigerian oil and gas sector. Ubah made his fortune by investing in the oil business and expanding into other sectors, including transportation and media.
His company, Capital Oil, is known for supplying petroleum products across Nigeria, and Ubah has also ventured into sports by owning the FC Ifeanyi Ubah football club.
Business Empire:
Capital Oil: Oil production, distribution, and retail.
FC Ifeanyi Ubah: Football club.
Transport: Investments in the transportation sector.
2. Cletus Ibeto — Industrialist & Manufacturing Magnate ($1.2 Billion)
Cletus Ibeto is a prominent businessman from Anambra State, with a net worth of $1.2 billion. He is the founder of the Ibeto Group, which has diverse interests in manufacturing, including cement production, automobile spare parts, and chemicals.
Ibeto’s company is one of the largest manufacturers of cement in Nigeria, contributing significantly to the construction industry in the country.
Business Empire:
Ibeto Group: Manufacturing, cement production, automobile spare parts.
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Real Estate: Investments in properties across Nigeria.
3. Emeka Offor — Oil and Gas, Engineering Tycoon ($800 Million)
Emeka Offor is a Nigerian billionaire businessman who made his fortune in the oil and gas industry. With a net worth of around $800 million, Offor is the founder of Chrome Group, a conglomerate involved in various sectors, including oil, gas, and engineering.
Offor’s wealth is largely tied to his successful ventures in oil exploration and energy, making him one of the wealthiest individuals in Anambra State.
Business Empire:
Chrome Group: Oil and gas, engineering services.
Energy Sector: Investments in oil exploration and energy production.
4. Innocent Ifediaso Chukwuma — Automotive Industry Giant ($700 Million)
Innocent Ifediaso Chukwuma, founder of Innoson Vehicle Manufacturing (IVM), is a well-known figure in Anambra’s business landscape. With an estimated net worth of $700 million, he has revolutionized Nigeria’s automotive industry by producing affordable, high-quality vehicles for both local and international markets.
Innoson Vehicles is the first and largest car manufacturing company in Nigeria, providing jobs and contributing to the nation’s industrial growth.
Business Empire:
Innoson Vehicle Manufacturing (IVM): Car manufacturing.
Innoson Group: Investments in various sectors, including plastics and logistics.
5. Arthur Eze — Oil & Gas Entrepreneur ($600 Million)
Arthur Eze is a Nigerian oil magnate and businessman with a net worth of approximately $600 million. He is the founder of Oranto Petroleum, a leading Nigerian oil exploration and production company. Eze has been involved in the oil and gas industry for many years, with his company operating in several African countries.
He has used his wealth to invest in other sectors, including aviation and real estate.
Business Empire:
Oranto Petroleum: Oil exploration and production.
Aviation & Real Estate: Investments in aviation and property development.
6. Nnaemeka Alfred Ugochukwu Achebe — Traditional Ruler & Business Mogul ($500 Million)
Nnaemeka Achebe, the Obi of Onitsha, is not only a respected traditional leader but also a successful businessman. His net worth is around $500 million, with interests in various sectors, including oil, real estate, and hospitality.
Achebe’s leadership has positively impacted both the traditional and business communities in Anambra, making him a key figure in the state’s economic landscape.
Business Empire:
Real Estate: Major property investments.
Hospitality & Oil: Investments in hotels and the oil industry.
7. Cosmas Maduka — Businessman & CEO of Coscharis Group ($400 Million)
Cosmas Maduka, the CEO of Coscharis Group, has an estimated net worth of $400 million. He built his empire by investing in car dealerships, manufacturing, and technology. Coscharis Group is one of the leading companies in Nigeria for distributing automobiles and spare parts.
Maduka’s success story is inspiring, especially as he started from humble beginnings before building his business empire.
Business Empire:
Coscharis Motors: Car dealership and spare parts.
Coscharis Group: Investments in technology, agriculture, and manufacturing.
8. Pascal Dozie — Banking and Telecom Mogul ($350 Million)
Pascal Dozie is a Nigerian businessman with a net worth of approximately $350 million. He is best known for his role in founding Diamond Bank (now part of Access Bank). Additionally, Dozie has played an instrumental role in the Nigerian telecommunications sector through his investment in MTN Nigeria.
His career in banking and telecom has made him a well-known figure in Anambra’s business circles.
Business Empire:
Diamond Bank (Access Bank): Founding member and significant stakeholder.
MTN Nigeria: Investments in telecommunications.
9. Ugochukwu Opara — Real Estate and Construction Mogul ($300 Million)
Ugochukwu Opara is a successful businessman with interests in real estate, construction, and infrastructure. His estimated net worth is around $300 million. Opara has built numerous residential and commercial properties in Nigeria, making significant contributions to the real estate development in Anambra State.
Business Empire:
Real Estate: Development of residential and commercial properties.
Construction: Investments in construction and infrastructure projects.
10. Tony Ezenna — Manufacturing and Distribution Leader ($250 Million)
Tony Ezenna is the chairman and CEO of Orange Drugs Limited, a company known for manufacturing pharmaceutical products and household goods. His net worth is estimated at $250 million. Ezenna’s company produces a wide range of products, including personal care items and medicines, which are sold across Nigeria.
Business Empire:
Orange Drugs Limited: Pharmaceuticals and household goods manufacturing.
Distribution: Wide distribution network across Nigeria.
Conclusion:
Anambra State is home to some of Nigeria’s wealthiest and most successful entrepreneurs. These billionaires have built their fortunes in diverse industries such as oil, banking, real estate, and manufacturing. Their contributions to the economy of Anambra and Nigeria as a whole are undeniable.
From oil tycoons like Ifeanyi Ubah and Arthur Eze to automotive giants like Innocent Chukwuma, these men serve as inspirations for anyone aspiring to succeed in business.
Frequently Asked Questions (FAQs):
1. Who is the richest man in Anambra State?
Ifeanyi Ubah, with an estimated net worth of $1.5 billion, is the richest man in Anambra State. He made his fortune in the oil and gas industry through Capital Oil.
2. What is the net worth of Innocent Ifediaso Chukwuma?
Innocent Ifediaso Chukwuma, the founder of Innoson Vehicle Manufacturing, has a net worth of around $700 million.
3. How did Cletus Ibeto become rich?
Cletus Ibeto made his wealth through his company, Ibeto Group, which is involved in manufacturing, cement production, and automobile spare parts.
4. What businesses is Emeka Offor involved in?
Emeka Offor’s wealth comes from Chrome Group, which operates in oil, gas, and engineering.
5. How much is Arthur Eze worth?
Arthur Eze has an estimated net worth of $600 million, primarily from his company Oranto Petroleum.
6. What does Nnaemeka Alfred Ugochukwu Achebe do?
Nnaemeka Achebe is both a traditional ruler and a businessman with investments in real estate, hospitality, and oil.
7. How did Cosmas Maduka get rich?
Cosmas Maduka became rich through Coscharis Motors, a leading car dealership, and other ventures in technology and manufacturing.
8. What is Pascal Dozie known for?
Pascal Dozie is known for founding Diamond Bank, now part of Access Bank, and for his investments in telecommunications with MTN Nigeria.
9. What is Ugochukwu Opara’s business empire?
Ugochukwu Opara is a real estate and construction mogul, known for his investments in residential and commercial properties in Anambra State.
10. How did Tony Ezenna build his wealth?
Tony Ezenna built his wealth through Orange Drugs Limited, which manufactures and distributes pharmaceutical products and household goods.
