2. Mike Adenuga
Age: 62
Net Worth: $6.5 billion
Source of Wealth: Telecom, Oil
His company Globacom is Nigeria’s second-largest telecom operator and also has a presence in Ghana and Benin. He also owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly Consolidated Oil Company). His telecom company Globacom spread quickly and started challenging the giant MTN Group. It launched services in Benin in 2008 and has continued its spread across Ghana and Cote d’Ivoire, with more licenses currently being prospected in other West African countries.
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