55. Akanimo Udofia

55. Akanimo Udofia

Description: Net Worth: $1 BILLION
Industry: Diversified
Country of Citizenship: Nigeria
Age: 45
Number of Jobs Created: 800

Nigerian-born, Toronto-based Akanimo Udofia is chief executive of Desicon Group, an engineering, procurement and construction services company that caters to Nigeria’s oil and gas industry. Akanimo, who prefers to shuttle from his base in Toronto to his office in Nigeria, is also a director of ENI Saipem. The 45-year-old Udofia holds an MBA from Harvard Business School. He is rapidly expanding his company, which he took over from his father in 2000, into the oil and gas services sector. With the passage of the Local Content Bill for the Oil and Gas industry in Nigeria, Desicon is positioned to reap a windfall. In 2012, Akanimo walked into a hall in Toronto and casually donated $150,000 to improve educational opportunities in the city’s Danzig community. Akanimo remains one of Nigeria’s brightest businessmen with significant potential.

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