The Future Nigerian Billionaire

Date: 18-05-2011 1:36 pm (13 years ago) | Author: FAITHFUL GAYALARI NICHOLAS
- at 18-05-2011 01:36 PM (13 years ago)
(m)

Nigerian businessman Jim Ovia
From time to time, I will be profiling outstanding African businessmen with a proven net worth of $100 million and above. If they work a little harder, they just might make our Forbes World’s Billionaires’ list someday. Today, the spotlight is on Jim Ovia, a Nigerian millionaire banker and telecoms magnate.
Country: Nigeria

Age: 57

Residence: Lagos

Estimated Net worth: $400million – $600 million

Source: banking, real estate, telecoms

Education: MBA, University of Louisiana, United States

Family: Married with children

Bio: The reclusive godfather of Nigerian banking founded Zenith Bank Group in 1990. It grew into West Africa’s 2nd largest financial services provider by market capitalization and asset base. He was forced to step down as chief executive last year after 20-year stint following a Central Bank directive which limits the tenure of bank chiefs to 10 years.

Don’t feel sorry: He still remains largest individual shareholder. Bulk of wealth comes largely from a massive portfolio of prime real estate in some of Nigeria’s priciest neighborhoods: Victoria-Island, Ikoyi. Also owns Aquamarine, an exclusive boat club catering to Nigeria’s richest folks. Billionaire Aliko Dangote is a member.

Now devotes majority of his time towards managing Visafone, a telecoms outfit he founded in 2007. An information technology enthusiast, he founded the Youth Empowerment and ICT Foundation which powers education through technology.

Guilty Pleasure: Loves expensive boats

Posted: at 18-05-2011 01:36 PM (13 years ago) | Upcoming
- harold634 at 18-05-2011 01:51 PM (13 years ago)
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ok
Posted: at 18-05-2011 01:51 PM (13 years ago) | Gistmaniac
Reply
- KINGJHOE at 18-05-2011 01:53 PM (13 years ago)
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NA MY MAN WITH TONI ELUMELU
Posted: at 18-05-2011 01:53 PM (13 years ago) | Gistmaniac
Reply
- SNYPER at 18-05-2011 02:04 PM (13 years ago)
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I hia u
Posted: at 18-05-2011 02:04 PM (13 years ago) | Gistmaniac
Reply
- MissyBarbie at 18-05-2011 03:35 PM (13 years ago)
(f)
Okay.
Posted: at 18-05-2011 03:35 PM (13 years ago) | Hero
Reply
- frayobkk at 18-05-2011 08:34 PM (13 years ago)
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ok ohhhh ur own na to dey count other peoples money

Posted: at 18-05-2011 08:34 PM (13 years ago) | Gistmaniac
Reply
- mallorca at 18-05-2011 08:43 PM (13 years ago)
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hahahaha

Posted: at 18-05-2011 08:43 PM (13 years ago) | Addicted Hero
Reply
- cadanre at 18-05-2011 08:51 PM (13 years ago)
(f)
Taken.

Posted: at 18-05-2011 08:51 PM (13 years ago) | Hero
Reply
- kebella at 18-05-2011 08:54 PM (13 years ago)
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noted!!

Posted: at 18-05-2011 08:54 PM (13 years ago) | Addicted Hero
Reply

fire TRENDING GISTS fire

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