2. Mike Adenuga
Net Worth: $4.7 Billion (Forbes), $8 Billion (Ventures Africa)
Industry: Telecoms/Oil and Gas
Mike Adenuga is the 2nd richest man in Nigeria and the 5th in Africa. He is estimated to be worth about $4.7 billion.
The Nigerian billionaire businessman amassed his wealth from the telecommunications sector and oil industry. He is the founder of the 2nd largest cellular phone company in Nigeria, Globacom.
The mobile network company has over 24 million users in Nigeria, and also operates in Benin.
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