* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, August 8, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Themed Entertainment Design – Purdue Polytechnic

    Innovative Themed Entertainment Design: Creating Immersive Experiences

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    ‘Billie Jean’ – Hyde Park Herald

    The Enduring Magic Behind ‘Billie Jean’ Revealed

    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    MBU showcases student work at Occupational Therapy Technology Fair – WHSV

    Discover the Most Innovative Student Projects at the Occupational Therapy Technology Fair

    BlackSky Technology Inc. (BKSY) Reports Q2 Loss, Lags Revenue Estimates – Yahoo Finance

    BlackSky Technology Inc. Reports Q2 Loss, Misses Revenue Targets

    Improved Technology Access: A Key to Closing the Healthcare Gap for African Americans – BIOENGINEER.ORG

    LMI Expands Technology Org, Appoints New Leaders – GovCon Wire

    LMI Expands Technology Team with Dynamic New Leadership Appointments

    Midland Innovation and Technology Charter School closing down – CBS News

    Midland Innovation and Technology Charter School Closes Permanently

    Future Trends In HR Technology – Dataconomy

    Future Trends In HR Technology – Dataconomy

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Themed Entertainment Design – Purdue Polytechnic

    Innovative Themed Entertainment Design: Creating Immersive Experiences

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    ‘Billie Jean’ – Hyde Park Herald

    The Enduring Magic Behind ‘Billie Jean’ Revealed

    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    MBU showcases student work at Occupational Therapy Technology Fair – WHSV

    Discover the Most Innovative Student Projects at the Occupational Therapy Technology Fair

    BlackSky Technology Inc. (BKSY) Reports Q2 Loss, Lags Revenue Estimates – Yahoo Finance

    BlackSky Technology Inc. Reports Q2 Loss, Misses Revenue Targets

    Improved Technology Access: A Key to Closing the Healthcare Gap for African Americans – BIOENGINEER.ORG

    LMI Expands Technology Org, Appoints New Leaders – GovCon Wire

    LMI Expands Technology Team with Dynamic New Leadership Appointments

    Midland Innovation and Technology Charter School closing down – CBS News

    Midland Innovation and Technology Charter School Closes Permanently

    Future Trends In HR Technology – Dataconomy

    Future Trends In HR Technology – Dataconomy

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

7 Richest Yoruba Business People in Nigeria

August 10, 2023
in Business
7 Richest Yoruba Business People in Nigeria
Share on FacebookShare on Twitter

Yoruba entrepreneurs have consistently emerged as key players, shaping industries and contributing significantly to the nation’s economy in the vibrant landscape of Nigerian business. Renowned for their business acumen and diverse ventures, these individuals have not only amassed substantial wealth but also left an indelible mark on various sectors. 

This article provides a glimpse into the accomplishments of some prominent Yoruba business figures, highlighting their contributions to Nigeria’s commercial success.

Obateru Akinrutan

Oba Fedrick Obateru Akinrutan, a distinguished Yoruba king, stands not only as a revered monarch but also a prominent figure in Nigeria’s business landscape. Holding the throne of Ugbo Kingdom in Ondo State, he has orchestrated a remarkable dual identity as both ruler and entrepreneur. With an estimated net worth of $300 million, Oba Obateru Akinrutan is the visionary behind Obat Petroleum, a notable player in Nigeria’s private oil trading sector. 

A monarch of significance, he garnered global attention by becoming Forbes’ second richest king in Africa and Nigeria in 2014, outshining even his contemporaries. Beyond his kingly role, Oba Obateru Akinrutan has masterfully cultivated a legacy that intertwines tradition and business acumen, enriching both his kingdom and the broader Nigerian economy.

Jimoh Ibrahim

Jimoh Ibrahim boasts a substantial net worth of $1.1 billion which encompasses the many hats the multifaceted figure wears such as shrewd businessman, astute politician, and accomplished lawyer, all bundled into one. Revered as a philanthropist, Ibrahim’s benevolence extends toward uplifting the less privileged, contributing to Nigeria’s societal progress. 

At the helm of the Global Fleet Group, he serves as Chairman and Chief Executive Officer, steering its diverse ventures. Furthermore, he holds ownership of NICON Investment Ltd., underlining his expansive influence. A former chairman of the Corporate Affairs Commission, Ibrahim’s academic journey encompassed prestigious institutions like Obafemi Awolowo University, Harvard Law School, University of Cambridge, and Oxford University. In 2022, his meritorious achievements culminated in a distinguished Business Doctorate from the esteemed University of Cambridge, UK.

Bimbo Alase

Bimbo Alashe, a visionary entrepreneur who turned her education into a revolution in Nigeria’s furniture scene. After studying in London, she kickstarted her journey with Glamour, a small shop. And, while recognizing the scarcity of top-quality local furniture, she founded Leatherworld in 1994 with a clear goal which is to make luxury accessible. 

Starting modestly in Ikoyi, Leatherworld now boasts grand showrooms across Nigeria, even partnering with Italy’s NIERI in 2005. Beyond beautiful furniture, Alashe’s legacy lies in empowering the local economy and nurturing a skilled Nigerian workforce. With having a reportedly net worth of about $750 million, she’s not just a top female entrepreneur but also a mentor and board member, leaving an indelible mark on various companies. 

Dele Fajemirokun

One of the richest Yoruba players in Nigeria’s financial game, Dele Fajemirokun boasts a cool $500 million. But here’s the twist, he didn’t start in a silver spoon club. Nope, he grew up in a one-room apartment in Isale Eko, with a big appetite for better days. He took the reins of his father’s Henry Stephens Group, turning it around from near-death debt. Fajemirokun then made savvy moves, bagging shares in AIICO Insurance and teaming up with big shots like Johnson Wax and Food Concepts.

Fahemirokun hit billionaire status at just 29. Through his Oladele Fajemirokun Foundation, he’s all about lifting others up. 

Oba Otudeko

Another formidable name in Nigeria’s business landscape is Oba Otudeko, founder and chairman of Honeywell Group. After graduating from Leeds College of Commerce and Olabisi Onabanjo University with a Doctorate, Otudeko’s journey blends arts and sciences. He made waves in banking, rising to General Manager and acting CEO of Cooperative Bank before retiring in 1983.

From his trading roots in the 1970s, he cultivated Honeywell Enterprises, which later blossomed into the diversified industrial, trading, and investment powerhouse known today as Honeywell Group. Oba Otudeko – a Yoruba luminary shaping Nigeria’s economic landscape. He’s not just about business; he’s a giver too, founding the Oba Otudeko Foundation. Notably, he steered the helm of FBN Holdings and was even a former chairman.

Tunde Folawiyo

Tunde Folawiyo carries forward his father’s legacy as the Managing Director of Yinka Folawiyo Group, a conglomerate that thrives across shipping, agriculture, real estate, energy, and more.

Folawiyo’s roots run deep in Nigeria’s business soil as he wields both intellect and experience. With a dynamic portfolio spanning industries, Tunde Folawiyo adds a contemporary chapter to his family’s legacy of entrepreneurial achievement, leaving an indelible mark on Nigeria’s economic landscape.

Mo Abudu

Mo Abudu, a trailblazer in Nigeria’s entertainment realm, renowned for her stellar achievements clinches the spotlight as a top Yoruba entrepreneur and creative visionary. From her early days as a brand ambassador for AVON Cosmetics to her dynamic leadership at EbonyLife TV, Mo Abudu’s journey is awe-inspiring. With EbonyLife TV, Mo Abudu etched her name in African broadcasting history, delivering compelling content to audiences across the continent and beyond. 

Mo Abudu’s impact knows no bounds. From producing acclaimed shows like “Moments with Mo” to groundbreaking films, she redefines Nollywood’s boundaries. Her partnership with Netflix and other global giants showcases her prowess. In the world of media, she’s a beacon of empowerment, fostering African talent through initiatives like ‘Alo’. As Forbes and The Hollywood Reporter celebrate her influence, Mo Abudu shines as a Yoruba powerhouse, carving an indelible legacy in entertainment and beyond.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BusinessElitesAfrica – https://businesselitesafrica.com/2023/08/09/7-richest-yoruba-business-people-in-nigeria/

Tags: businessRichestYoruba
Previous Post

Senators Get Holiday Bonus Despite Nigerians Hardship

Next Post

NFF Slammed for Unpaid Bonuses of Super Falcons by FIFPRO

Icing‐related injuries in polar bears (Ursus maritimus) at high latitudes – Laidre – 2024 – Ecology – ESA Journals

Frozen Peril: The Devastating Impact of Icing Injuries on Polar Bears in the High Arctic

August 8, 2025
Carnegie Science Center launching new name in September – CBS News

Carnegie Science Center Unveils Exciting New Name This September

August 8, 2025
Petersburg youth explore Coho Creek for science education – Petersburg Pilot

Petersburg Youth Dive into Science with Hands-On Exploration of Coho Creek

August 8, 2025
Is there a path to healthier aging? What the latest research shows | Bodyworks – The Oklahoman

Is there a path to healthier aging? What the latest research shows | Bodyworks – The Oklahoman

August 8, 2025
MBU showcases student work at Occupational Therapy Technology Fair – WHSV

Discover the Most Innovative Student Projects at the Occupational Therapy Technology Fair

August 8, 2025
Official | Evann Guessand completes €35m Aston Villa move – Yahoo Sports

Official | Evann Guessand completes €35m Aston Villa move – Yahoo Sports

August 8, 2025
Trailer: Netflix Animation Welcomes Viewers to the Whimsical World of Dr. Seuss! – Animation Magazine

Trailer Unveils the Whimsical World of Dr. Seuss in Netflix Animation!

August 8, 2025
Spending on AI data centers is so massive that it’s taken a bigger chunk of GDP growth than shopping—and it could crash the American economy – Fortune

Spending on AI data centers is so massive that it’s taken a bigger chunk of GDP growth than shopping—and it could crash the American economy – Fortune

August 8, 2025
SPC Health Programs Showcase: Featuring Nursing, Radiography, and Surgical Services Degrees – St. Petersburg College

Explore Exciting Career Paths in Nursing, Radiography, and Surgical Services at SPC Health Programs Showcase

August 8, 2025
Top Trump officials discussed Epstein at White House meeting Wednesday night – CNN

Top Trump officials discussed Epstein at White House meeting Wednesday night – CNN

August 8, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (760)
  • Economy (783)
  • Entertainment (21,659)
  • General (16,347)
  • Health (9,822)
  • Lifestyle (793)
  • News (22,149)
  • People (784)
  • Politics (792)
  • Science (15,996)
  • Sports (21,280)
  • Technology (15,763)
  • World (765)

Recent News

Icing‐related injuries in polar bears (Ursus maritimus) at high latitudes – Laidre – 2024 – Ecology – ESA Journals

Frozen Peril: The Devastating Impact of Icing Injuries on Polar Bears in the High Arctic

August 8, 2025
Carnegie Science Center launching new name in September – CBS News

Carnegie Science Center Unveils Exciting New Name This September

August 8, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version