Nigeria is a country that’s made up of over 250 ethnic groups. However, most ethnic groups in the country are Igbo, Hausa, and Yoruba. The Igbos reside in the South East, while the Yorubas occupy the South West, and the Hausas dwell in the North. Within these three majority ethnic groups in the country, many wealthy men come from these parts.
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The Igbos, Hausas, and Yorubas have some of the top richest men in Nigeria, and the world. This article answers the question: which tribe has the richest people With the Most Expensive Cars?
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Most Expensive Cars Richest People Drive in Nigeria
the most expensive cars in Nigeria and their owners based on the latest available information.
- Bugatti Veyron – The Bugatti Veyron is one of the most expensive cars in the world, and it’s owned by a few billionaires in Nigeria, including Aliko Dangote, Femi Otedola, and Senator Dino Melaye.
- Maybach Exelero – The Maybach Exelero is a rare and exclusive luxury car, and it’s owned by rapper and music producer, D’Banj, who is one of the wealthiest musicians in Nigeria.
- Lamborghini Veneno – The Lamborghini Veneno is a limited edition supercar, and it’s owned by Obi Okeke, a Nigerian-American car collector, who’s known as “Doctor Bugatti” for his expertise in the luxury car industry.
- Mercedes-Benz SLR McLaren – The Mercedes-Benz SLR McLaren is a high-performance supercar, and it’s owned by Nigerian billionaire, Tony Elumelu, who’s the founder of the Tony Elumelu Foundation.
- Rolls-Royce Phantom – The Rolls-Royce Phantom is a classic and iconic luxury car, and it’s owned by several Nigerian celebrities, including Davido, Wizkid, and DJ Cuppy, who’s also the daughter of Nigerian billionaire, Femi Otedola.
Below, you’ll find a breakdown of the most Expensive Cars in each tribe and a summary section that dissects which tribe indeed has the richest people in the country.
Keep scrolling below to find out more.
Top 10 Richest Igbo Men In 2023, Igbo Men Net Worth And Cars
Counting the number of wealthy billionaires and millionaires without mentioning Igbo men is impossible in Nigeria. Igbo men are some of the top richest people in the country. These men make a bulk of their wealth through engaging in various business deals; for some, they also double as politicians.
There could never be a complete count of wealthy Igbo men, for they are many! Below are some of the top richest Igbo men, the cars they own, and their crazy net worths!
- Arthur Eze – $5.8 Billion
#1 on the wealthy Igbo men’s list is Arthur Eze, the CEO of Atlas Oranto Petroleum, one of Nigeria’s largest privately-held oil exploration and production companies. In 1992, he founded Triax Airlines following the deregulation of airlines in Nigeria. He hails from Ukpo village in Dunukofia in Anambra State.
The 74-year-old billionaire owns two private jets, 5 Rolls-Royce and 7 Maybachs.
- Cletus Ibeto – $3.8 Billion
Igbo businessman Cletus Ibeto is #3 on the list of wealthy Igbo men. He is the founder and chairman of Ibeto Group. His company deals in Cement, energy, and automotive parts production. His net worth of $3.8 billion ranks him as one of the top billionaires in Nigeria.
Some of his cars include:
- Rolls Royce
- Mercedes Maybach S-Class
- Innoson IVM G40
- Toyota Hilux
- Orji Uzor Kalu – $3.2 Billion
#4 on the list, is the former Governor of Abia state, a sitting senator of Abia North Senatorial District, and the House of Senate Chief Whip in the Federal Republic of Nigeria. Orji Uzor Kalu is both a businessman and an astute politician. He is the CEO of SLOK Holding, a company with investments in banking, shipping, manufacturing, oil trading, and media.
Some of his cars include:
- Porsche Panamera
- Mercedes Benz S-Class
- Range Rover Sports SUV
- Allen Ifechukwu Onyema – $3 Billion
#5 on the list of wealthy Igbo men is Allen Onyema. The man, who hails from Anambra state, was born in Benin City. He is the Air Peace Boss and CEO. Today, he is known as a Conflict Resolution Expert and has captured the hearts of Nigerians through his various charity endeavours.
Some of the cars he has been spotted with include:
- Rolls Royce
- Mercedes-Benz G-class
- Landcruiser Prado
- 2019 Toyota Hilux
- Emeka Offor – $2.9 Billion
#5 is the Anambra-born businessman Emeka Offor. He is a successful businessman and oil and energy tycoon. He is the founder and chair of The Chrome Group, an oil exploration firm headquartered in Abuja.
Some of the cars owned by the businessman include:
- Toyota Landcruiser Prado
- Lexus RX
- Mercedes-Benz S-Class
- Benedict Peters – $2.7 Billion
#6 on the list is Benedict Peters from Ebonyi State but was raised in Delta State. He is one of the billionaires in Nigeria. He started his career in the oil and gas industry in the early 1990s. He worked closely with the founders of Ocean and Oil, establishing Sigmund Communecci in 1999. He is the founder and CEO of Aiteo Group, a company that focuses on Nigeria’s oil and gas sector.
In February 2008, he founded the Aiteo Group, the successor entity to Sigmund Communecci. His source of wealth is through Oil and gas.
- Emmanuel Andy Uba – $2.1 Billion
#10 on the top 10 list is the 2011 Senator of Anambra South Senatorial District. He started his political career in college, and his major source of wealth is politics. His current net worth is $2.1 Billion. Andy Uba was born in Awkunanaw in Enugu State. But he hails from Uga in the Anambra State region of Aguata LGA.
The bulk of his wealth is earned through politics, as he’s a staunch politician. In 2011, he was elected as Senator for Anambra South Senatorial District under the People Democratic Party in Nigeria.
In August 2022, the Federal Capital Territory High Court in Abuja ordered the seizure of Andy Uba’s cars due to his over 50 million Naira debt from Oranto Petroleum Limited.
- Rochas Okorocha – $1.5 Billion
Rochas is the former Governor of Imo State, and the creator of the Rochas Foundation, a group that runs exclusive institutions for the less fortunate members of society. Rochas has acquired the bulk of his net worth through politics.
Some of the cars Rochas owns include:
- Rolls-Royce Phantom
- Mercedes-Benz S600
- Mercedes-Benz Klassen V220
- Mercedes Benz AMG63
- Lexus LX 570
- Ifeanyi Ubah – $1.7 Billion
Ifeanyi Uba is a Businessman, investor, entrepreneur, and philanthropist popularly known in Nigeria. The Nnewi native in Anambra State is on the list of the top 20 wealthy men in Nigeria. He owns the Nigerian football team Ifeanyi Ubah F.C. and is an avid sports fan.
He is also the CEO and owner of Nigeria’s top oil and gas business, Capital Oil and Gas Industries Limited. He started making money by selling tire supplies and vehicle replacement parts.
- Innocent Ifediaso Chukwuma – $1 Billion
Innocent Ifediaso Chukwuma is popularly known as Innoson. He is the founder and CEO of Innoson Motors. He was born in Uru-Umdim, Nnewi, Anambra State. He started his business by trading in car spare parts before he grew his car production company partly through the influence of the then Governor of Anambra State, Peter Obi.
Today, he owns the largest automobile company in Africa and has produced some worthwhile luxury vehicles that attract local and international customers.
Top 10 Richest Hausa Men In 2023, Hausa Men’s Net Worth And Cars They Own
Northern Nigerian men are on the list of some of the wealthiest men in the country. In fact, the richest man in Africa is a Hausa man, Aliko Dangote. Aside from Dangote, there are other wealthy men from the North.
Below you will find the top 10 Northerners who fall within this list. They include:
- Aliko Dangote – $12.6 Billion
The #1 spot for the richest man in Nigeria and the North is reserved for no other than the Dangote boss, Aliko Dangote. His source of wealth is through cement and beverages production, auto manufacturing, and fertilizer production. He is the founder and chairman of Africa’s largest cement producer, Dangote Cement. He owns 85% of his company, with a net worth of $12.6 billion.
He’s cars include:
- Maybach 57S Knight Luxury
- Mercedes-Benz CL65 AMG
- Bugatti Veyron
- Bentley Mulsanne
- Toyota Landcruiser Prado
- Abdul Samad Rabiu – $7.9 Billion
#2 on the list is Abdulsamad Rabiu, the second richest man in Nigeria and the #2 richest from the North with a fat net worth of $7.9 billion. He founded BUA Group, a company involved in cement production, sugar refining, and real estate.
The 61-year-old Kano-born businessman started his business importing iron, steel, and chemicals, he also inherited land from his father, a successful businessman. The cars he owns include:
- Armoured Mercedes Benz G-Wagon
- Mercedes Benz S-Class
- Toyota Land Cruiser Prado SUV
- Range Rover Sport
- Ibrahim Badamasi Babangida – $5 Billion
The former Nigerian army general and former military Head of State is #3 on the richest politicians list in Nigeria and on the list of richest Hausa men. Babangida played a key role both in the Nigerian army and Nigerian politics. Popularly referred to as the “Nigerian Maradona.” He is one of the richest Nigerian politicians to date.
Alongside his multi-million Naira hilltop mansion, some of his cars include:
- Mercedes Benz S 600
- Rolls Royce Phantom III luxury sedan
- BMW 760LI
- Toyota Land Cruiser
- Learjet 45 worth 594.7 million naira
- Theophilus Yakubu Danjuma – $1.6 Billion
Theophilus Yakubu Danjuma is equally among the list of richest Hausa men in the country. He is a local of Taraba state, a prominent Nigerian politician, and involved in Nigerian military affairs. He is a retired lieutenant general of the Nigerian Army.
During the tenure of Olusegun Obasanjo, Danjuma held several political positions, including those of chief of the Army staff and minister of defence. He made oil investments after retiring and is currently the chairman of SAPETRO.
- Atiku Abubakar – $1.4 Billion
#5 is a former Nigerian vice president and current presidential aspirant for the 2023 elections under the PDP umbrella Atiku Abubakar. He was also a comptroller general of the Nigerian Customs for 20 years, and through his position, he made a fortune. Atiku was accused of laundering over $100 million into the United States between 2000 and 2008. Alongside his $2.95 million mansion in Potomac, Maryland, USA, some of his vehicles include:
- Embraer Phenom 100 Private jet
- Range Rover
- Mercedes S550
- Lexus 570
- Toyota Land Cruiser
- Dahiru Barau Mangal – $1.2 Billion
Another wealthy Northerner is the businessman and founder of Max Air in 2008. He hails from Katsina. Today, his airline, Max Air, is a leading Airline in Nigeria with a national, regional, and global flight network. His other investments are in transportation, oil and gas, and construction.
Currently, his net worth is valued at $1.2 billion. But, the number of cars he owns is not of public knowledge.
- Ahmadu Adamu Mu’azu – $895 Million
Ahmadu Adamu Mu’Azu used to be the governor of Bauch State as well as the former chairman of the PDP. He also served as property manager of the Bauch State Investment and Property Development Company.
In April 2019, EFFC burst into his mansion in Ikoyi and discovered over $50 million hidden in his fire-resistant cabinets behind false walls. The company that built the house claimed he owned the house. But, the Northern Millionaire rejected all the accusations. Some of the cars include:
- Lexus LX570
- Range Rover Discovery
- Toyota Sequoia
- Colonel Sani Bello – $800 Million
Colonel Sani Bello was a former governor of Kano State between 1975 to 1978. After retiring from government work and the military, he invested in oil, telecommunications, and electricity. Later, he started the Sani Bello Foundation. He expanded his business to banking, insurance, construction, and telecommunication.
He was a founding partner of Amni, a national oil and gas exploration and production business with a stake in the Ketu and Okoro oilfields, established in 1993. He is chairman of Mainstream Energy Solutions Limited and Dantata and Sawoe Construction Company Limited.
- Mohammed Indimi – $450 Million
Mohammed Indimi is another Northerner born in Maiduguri, Borno State. The businessman also serves as chairman of Oriental Energy Resources, a privately held oil exploration and production company in Nigeria. Through his business ventures, the businessman has acquired a lot of wealth for himself.
There is no public knowledge of his vehicles, even though he owns several luxurious and bulletproof vehicles.
- Abdullahi Bashir Haske – $350,000 Million
Abdul Bashir Haske is the founder and Group Managing Director of AA&R Investments, The company is focused on a long chain of oil-based companies that continue stretching their boundaries in the oil and gas industry in Nigeria.
The Northern-born billionaire hails from Yola, Adamawa State, Nigeria, and he has 51% of the oil blocs left behind by Addax Petroleum.
Top 10 Richest Yoruba Men In 2023, Yoruba Men’s Net Worth And Cars They Own
Yoruba men make up another part of wealthy men in Nigeria. Most of these men have acquired their wealth through their businesses and involvement with Nigerian politics.
Below are the top wealthy Yoruba men in Nigeria, their net worth, and the cars they own.
- Mike Adenuga – $5.7 Billion
Mike Adenuga is #5 on the list of the richest men in Nigeria, with a net worth of $5.7 billion. He owns Globacom, a mobile phone network in the country. The network is the third-largest operator in Nigeria. He also owns Conoil Producing, an oil exportation business.
Some of the cars owned by the Nigerian billionaire include:
- Armoured Bentley Mulsanne
- Mercedes Maybach S-Class
- Mercedes-Benz AMG C63
- Rolls-Royce Phantom
- Two Private Jets
- Bola Ahmed Tinubu – Unknown
Bola Ahmed Tinubu popularly referred to as “Jagaban” and recently as “emi lo kan,” is Nigeria’s #1 richest politician. The 2023 Presidential aspirant has an estimated net worth of unknown. On the top list of richest men and richest politicians in Nigeria.
Most of his wealth is obtained through politics, media, real estate, oil and gas, importation of rice and chemicals, and other investments. Tinubu owns a series of properties in the Southwestern part of Nigeria, especially in Lagos State. He lives in a highbrow area of Lagos, Bourdillon Road Ikoyi. Some of his cars include:
- Armoured Range Rover worth 40 million Naira
- Toyota Prado Jeep SUV worth 50 million Naira
- Private Jet worth 21.7 Billion Naira
Some of his real estate acquisitions include:
- 10,000 hectares of Lakowe land near Abijo at Ibeju-Lekki land currently valued at 80 Billion Naira
- Beechwood Estate in Ibeju-Lekki
- 14-hectare Parkview foreshore land known as the Ikoyi Estate Foreshore, located along the Lekki-Epe Expressway
- Fara Park Estate, located in Sangotedo along the Lekki Epe Expressway
- Fishery Landing jetty in Badore valued at 500 million Naira
- The Ogudu foreshore scheme valued at 5 billion Naira
- Another 3.8 hectares of land at the Lagos State Fisheries Office in Victoria Island is valued at 3 Billion
- The Ilubinrin housing estate, formerly used for Lagos State Civil Servants and judges until 2007, valued at 2.5 Billion Naira
- The former Julius Berger yard at Oko Orisan, Epe, is valued at 450 million Naira.
- A mansion in the UK located at 32 Groove End Road, London
- Chief Michael Ade Ojo – $2 Billion
Chief Michael Ade Ojo is one of the wealthiest Yoruba men. He hails from Ilara-Mokin from Ondo State. He is the founder and CEO of Elizade Group of Companies, a subsidiary of which is Elizade Motors that specialized in the distribution of various brands’ automobiles until they specialized in only Toyota vehicles.
He is the founder of Elizade University and the board chairman of Toyota Nigeria, while also sitting as one of the board of directors for businesses like Crown Drinks Ltd, FCMB, Eco Bank, and various others.
Through his businesses, he has acquired a lot of wealth and owns several luxury vehicles that are not of public knowledge.
- Femi Otedola – $1.8 Billion
Femi Otedola is another Nigerian billionaire who hails from Oyo state. The businessman is into the energy industry, particularly oil and gas. He is the founder of Zenon Petroleum and Gas Ltd and the former chairman of Forte Oil.
He is also into financial trading, shipping, real estate investment and the hotel business. The billionaire has a fleet of cars that includes:
- A Mercedes-Benz AMG G63 worth N73 million.
- A G-Wagon costing N53 million.
- A Mercedes SLR McLaren worth N250 million.
- A Rolls-Royce Phantom worth N162 million.
- BMW 6 series worth N30 million.
- A private jet & a yacht
- Olusegun Obasanjo – $1.6 Billion
#4 is the one-time Nigerian Head of State and two-time President. Obasanjo married five wives—Esther Oluremi, Lynda, Mojisola, Stella Obasanjo, and Bola Obasanjo. Altogether, he has 20 children.
Obasanjo is said to be the owner of Otta Farms, one of the largest chicken poultries in West Africa. He is also involved in major oil production, marketing, and distribution in Nigeria. Some of the cars in his garage include the following:
- Mercedes-Benz S63 Sedan
- Lexus 570
- Toyota Land Cruiser
- Toyota Highlander 2017
- Bombardier Challenger 300 jet
- Helicopter
- Jimoh Ibrahim – $1.1 Billion
Jimoh Ibrahim is a Nigerian businessman, lawyer and politician who hails from Ondo state. He is the CEO of Global Fleet Group. His source of income includes oil and gas, real estate investments, insurance, aviation, hotel, banking, publishing and many others.
Not all the cars Jimoh Ibrahim owns are public knowledge. But, on his 50th birthday, the billionaire spent 300 million Naira on a Rolls-Royce vehicle to celebrate himself.
- Tunde Folawiyo – $650 Million
Tunde Folawiyo is the Managing Director of Yinka Folawiyo Group, a company that his father founded and he took over. Yinka Folawiyo Group has other subsidiaries in the energy industry, shipping, agriculture and real estate.
Currently, he is the director of MTN Nigeria. Before venturing into business, he practised law after he was called to the bar in England.
Not all the vehicles Tunde Folawiyo owns are known. But, he’s known to own a Rolls-Royce in Nigeria and other Rolls-Royce Wraith sitting in his London penthouse garage.
- Clement Oluwatumininu Okeowo – $250 Million
Another silent Nigerian billionaire is Clement Oluwatumininu Okeowo. He founded a famous construction company in Nigeria—Gibraltar Construction Nigeria Limited. He started by making burglary proofs and iron-clad furniture before upscaling his business in the construction sector. Currently, the billionaire is worth over $250 million.
Some of the cars the billionaire owns include:
- Rolls Royce
- Bentley Mulsanne
- Range Rover
- Mercedes-Benz G-Wagon
- Cadillac Escalade
- Adebayo Ogunlesi – $22.5 Million
Adebayo Ogunlesi is a Nigerian lawyer and investment banker. Currently, he’s the chairman and managing partner at the private equity firm Global Infrastructure Partner (GIP), which he started in 2006.
He gained popularity in 2006 after his firm bought London City Airport and later in 2009 when the same firm acquired the majority in Londo Gatwick Airport in a deal of over £1.455 billion. His firm initially owned Edinburgh Airport, purchased in 2012, and Nuovo Trasporto Viaggiatori bought in 2018. In 2019, the Edinburgh Aiport transferred to new management with VINCI Airports and now owns a majority share in the company of 50.01%. He is a wealthy man with shares in investment banks like Goldman Sachs.
Adebayo Ogunlesi is an extremely wealthy man. However, there is no public knowledge of the cars he owns. If he can buy three UK airports, he can afford any car of his taste.
- Dele Fajemirokun – $17 Million
Dele Fajemirokun is the son of a shipping magnate, Henry Fajemirokun, and one of Africa’s most successful businessmen after Nigeria’s independence. The Nigerian Maritime Services Limited, the shipping company his father founded in 1962, is still one of the largest shipping companies in Nigeria today.
Today, his son, Dele, is now in charge. He also owns key stakes on the board of several Nigerian blue chips, including American International Insurance Company and oil explorer First Hydrocarbon Nigeria Limited.
Dele Fajemirokun owns a Rolls Royce Phantom in Nigeria, and he keeps a newer model of the Rolls Royce Phantom (Series 2) in his home in London.
Who Has The Richest People?: Igbos, Hausa & Yoruba?
The article above contains the top 10 richest men in these three tribes. It also outlines the cars these men own, their source of income, and their net worth. From the article, it’s obvious that the Hausa part of the country has the richest men, especially considering the richest man in Africa, who is also the richest man in Nigeria, is from Northern Nigeria.
The Igbos come second with the richest men in the country, as these richest Igbo men top the chart of the richest men in Nigeria as well. The Yoruba comes third in the record of the richest men in Nigeria.
Conclusion
The article determines the tribe that comes first, second and third in the richest men category by adding up the net worths of these men and the cars they own.
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