15. Femi Otedola
Net Worth: $900 Million
Industry: Oil & Gas
Otedola is the controlling shareholder of Forte Oil, with a 78% stake. The company owns gas/petrol stations and fuel storage depots and manufactures its own line of engine oils.
Forte said its shares rose in 2014 due to new investments in power generation and distribution.
14. Michael Ibru
Net Worth: $1.1 Billion
Industry: Diversified
Michael Ibru (1930) is a prominent Nigerian businessman from Agbarha-Otor, Delta State. He is the head of the Ibru Organization, one of the largest conglomerates in Nigeria.
Michael Ibru is one of Nigeria’s foremost industrialists.
The Ibru Organisation has significant interests in aviation,shipping, media publishing, hotels, oil and gas, fishing, poultry and jetties businesses in Nigeria with over 13,000 people as employees.
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