Have you ever wondered who the richest people in Delta State are? What industries have made them so wealthy? If you want to know about the top billionaires in Delta State, you’ve come to the right place!
Delta State is known for its natural resources, especially oil. Many wealthy people from this region have made their fortunes in industries like oil, banking, and real estate. These billionaires have not only grown their businesses but also played a big role in the development of Delta State and Nigeria.
In this article, we’ll look at the top 10 richest men in Delta State, their net worth, and how they built their successful business empires. This guide will give you insight into how these men became so successful.
1. Benedict Peters — Oil Tycoon ($2 Billion)
Benedict Peters is the wealthiest man from Delta State, with a net worth of over $2 billion. He is the founder of Aiteo Group, one of Nigeria’s largest oil companies. His company is involved in oil exploration, production, and distribution.
Peters started his journey with the goal of creating an oil company that would compete with the big players in the global oil market. Today, Aiteo is a major player in the Nigerian oil industry.
Business Empire:
Aiteo Group: Oil production and exploration.
Real Estate: Investments in property and buildings.
2. Jim Ovia — Banking Giant ($980 Million)
Jim Ovia is a famous businessman and the founder of Zenith Bank, one of the largest banks in Nigeria. His net worth is estimated at $980 million. Ovia has expanded his business interests into other areas like telecommunications and real estate.
His hard work in the banking industry made Zenith Bank a major financial institution in Africa. Ovia is also known for his philanthropic work through his foundation, which supports education and community development.
Business Empire:
Zenith Bank: One of Africa’s biggest banks.
Real Estate and Telecom: Investments in property and mobile services.
3. Tony Elumelu — The Pan-African Investor ($700 Million)
Tony Elumelu is the chairman of United Bank for Africa (UBA) and founder of Heirs Holdings. His net worth is around $700 million. Elumelu is known for investing in many sectors like banking, energy, and agriculture. He is also famous for his Tony Elumelu Foundation, which helps young African entrepreneurs.
Elumelu’s success story is an inspiration for many, especially those interested in business and entrepreneurship across Africa.
Business Empire:
UBA: Leading bank in Africa.
Heirs Holdings: Investments in energy, real estate, and agriculture.
Tony Elumelu Foundation: Empowering young entrepreneurs in Africa.
4. Ayiri Emami — Oil and Entertainment Mogul ($600 Million)
Ayiri Emami is a billionaire businessman from the Itsekiri tribe. He is involved in the oil and gas industry and entertainment. His net worth is estimated at $600 million. Emami made his fortune in oil logistics and also invested in the Nigerian movie industry.
He is also known for supporting local community development and contributing to Delta State’s economy.
Business Empire:
Oil and Gas: Oil logistics and distribution.
Entertainment: Investments in Nigerian movies.
5. Ned Nwoko — Real Estate & Agriculture Mogul ($400 Million)
Ned Nwoko is a businessman and former politician. He has a net worth of $400 million. Nwoko made his fortune through real estate and large-scale farming. He is also involved in major health projects, including his campaign for malaria eradication across Africa.
His work in agriculture and real estate has made him one of the wealthiest men in Delta State.
Business Empire:
Real Estate: Major property investments.
Agriculture: Large-scale farming.
Malaria Eradication: Health initiatives across Africa.
6. Emmanuel Emoefe — Maritime & Oil Services Leader ($450 Million)
Emmanuel Emoefe is the founder of Portplus Limited, a company providing maritime services and oil logistics. His company helps transport oil and gas in Nigeria and abroad. Emoefe’s net worth is about $450 million.
He has made a significant impact on Delta State’s economy by improving the port infrastructure and contributing to the energy sector.
Business Empire:
Portplus Limited: Oil and maritime services.
Oil Logistics: Helping transport energy resources globally.
7. Victor Ochei — Gas & Power Billionaire ($450 Million)
Victor Ochei is an entrepreneur with a net worth of $450 million. He is involved in the gas and power industries, where he has made major investments. His work in these sectors has helped improve Delta State’s energy supply.
Ochei has also played an important role in local politics and business.
Business Empire:
Gas Ventures: Investments in the energy sector.
Power Projects: Improving Delta’s energy infrastructure.
8. Godwin Agofure — Transportation Magnate ($450 Million)
Godwin Agofure is the owner of God is Good Motors (GIGM), one of Nigeria’s leading transportation companies. His net worth is around $450 million. GIGM operates buses that transport people across Nigeria and has expanded its reach to various African countries.
Agofure has also invested in the oil industry, helping grow his wealth further.
Business Empire:
GIGM: Transportation company.
Oil and Gas: Investments in the energy sector.
9. Olorogun O’tega Emerhor — Banking & Insurance Tycoon ($400 Million)
Olorogun O’tega Emerhor is a well-known businessman with investments in banking, insurance, and oil. He is the founder of Standard Alliance Insurance, one of the largest insurance companies in Nigeria. His net worth is $400 million.
Emerhor has also been active in Delta State politics, further boosting his influence.
Business Empire:
Standard Alliance Insurance: A leading insurance company.
Banking and Oil: Investments in banking and energy.
10. Michael Ikuku — Oil & Gas Innovator ($400 Million)
Michael Ikuku is the founder of Mike Ibru Group, which is involved in oil, gas, and hospitality. His net worth is about $400 million. Ikuku has played a significant role in growing the oil industry in Delta State and also invests in real estate and hotels.
Business Empire:
Mike Ibru Group: Oil, gas, and hospitality.
Real Estate: Investing in properties across Nigeria.
Conclusion:
Delta State is home to many successful billionaires who have earned their wealth through oil, banking, real estate, and other industries. These men have not only built impressive business empires but have also contributed significantly to the development of the region and the country as a whole.
Their stories offer valuable lessons for anyone looking to succeed in business. Whether it’s in oil, banking, or entrepreneurship, these top 10 richest men in Delta State are true examples of how hard work and smart investments can lead to incredible success.
Frequently Asked Questions (FAQs):
1. Who is the richest man in Delta State?
Benedict Peters, with a net worth of over $2 billion, is the richest man in Delta State. He made his fortune through his company, Aiteo Group, in the oil industry.
2. How did Jim Ovia make his money?
Jim Ovia is the founder of Zenith Bank, which made him one of the richest men in Delta State. He also invested in real estate and telecommunications.
3. What is Tony Elumelu known for?
Tony Elumelu is the chairman of UBA and founder of Heirs Holdings. He is known for his investments across multiple sectors and his foundation supporting African entrepreneurs.
4. How much is Ayiri Emami worth?
Ayiri Emami is worth $600 million. He made his fortune in oil and gas and has investments in entertainment.
5. What does Ned Nwoko do for a living?
Ned Nwoko is involved in real estate and agriculture. He also promotes malaria eradication across Africa.
6. What is Portplus Limited?
Portplus Limited is a maritime and oil services company founded by Emmanuel Emoefe. It provides oil logistics services across Nigeria and internationally.
7. How did Victor Ochei become rich?
Victor Ochei made his fortune through investments in the gas and power sectors in Delta State.
8. What is GIGM?
GIGM (God is Good Motors) is a transportation company owned by Godwin Agofure. It operates buses that travel across Nigeria.
9. How did Olorogun O’tega Emerhor get rich?
Olorogun O’tega Emerhor made his money through his insurance company, Standard Alliance Insurance, and other investments in banking and oil.
10. What does the Mike Ibru Group do?
The Mike Ibru Group, founded by Michael Ikuku, is involved in oil, gas, and hospitality. The group has investments in real estate and hotels as well.
