Top 10 Richest Igbo Men in Nigeria

The Igbo people of southeastern Nigeria are known for their hard work, creativity, and success in business. Over the years, many Igbo men have become some of the richest people in Nigeria by building powerful companies and creating jobs across different industries.

Here is a list of the top 10 richest Igbo men in 2025, starting from number 10 to number 1. We look at their hometowns, businesses, and how they made their fortune.

10. Innocent Ifediaso Chukwuma – Founder, Innoson Motors

Innocent Chukwuma is from Uru-Umdim in Nnewi, Anambra State. He is the founder of Innoson Vehicle Manufacturing (IVM), the first made-in-Nigeria car company. Innocent started with motorcycle spare parts and later grew into making cars, trucks, and buses designed for African roads. His company has become a symbol of local pride. He is estimated to be worth around $600 million.

Innoson Motors has grown in popularity not just in Nigeria but across Africa. Governments and private organizations have turned to IVM vehicles for their durability and affordability. Chukwuma is also known for employing hundreds of people from within his community and giving scholarships to students.

9. Tony Ifeanyichukwu Ezenna – CEO, Orange Drugs

Tony Ezenna comes from Akokwa in Ideato North Local Government Area of Imo State. He built Orange Drugs Limited, a company that imports and distributes health and beauty products. Known for products like Delta Soap, his business has grown across West Africa. Tony is also a generous giver and supports many education and health projects. His net worth is estimated at $650 million.

From humble beginnings, Tony Ezenna used smart marketing and strategic partnerships to grow his brand across Nigeria and other African countries. His commitment to corporate social responsibility, especially in the education sector, has earned him awards and recognition both locally and internationally.

8. Late Senator Ifeanyi Ubah – Capital Oil & Gas

Before his death on July 27, 2024, Senator Ifeanyi Ubah was one of the most influential businessmen from Nnewi, Anambra State. He founded Capital Oil and Gas, one of Nigeria’s biggest oil distribution companies. He also owned Ifeanyi Ubah FC and ran media and transport businesses. His peak net worth was around $700 million. He was laid to rest in his hometown Umuanuka, Otolo, Nnewi.

Ubah’s journey into the oil sector began with trading in spare parts before he made his first major move into oil and gas. He later served as a senator, using his political influence to support industrial growth and youth empowerment in the southeast.

7. Cosmas Maduka – Founder, Coscharis Group

Cosmas Maduka is from Nnewi in Anambra State. He is a self-made billionaire who started with nothing and built Coscharis Group, a major company in cars, agriculture, and IT. Coscharis sells brands like BMW and Ford in Nigeria. Maduka is also known for his strong Christian faith and passion for mentoring young people. His estimated net worth is $800 million.

Maduka lost his father at a young age and began hustling in the streets. His dedication and honesty helped him secure partnerships with global brands. Today, his story is one of the most inspiring among Nigerian entrepreneurs.

6. Late Pascal Gabriel Dozie – Co-founder, MTN Nigeria

Pascal Dozie was from Owerri, Imo State. He was the founder of Diamond Bank and served as the pioneer chairman of MTN Nigeria. He passed away on April 8, 2025, just a day before his 86th birthday. He helped MTN become the top telecom company in the country and played a vital role in Nigeria’s banking sector. His net worth was around $900 million.

Dozie established Diamond Bank in 1990 and contributed significantly to Nigeria’s economic development. His legacy lives on in the financial and telecommunications industries, where his leadership and vision paved the way for future entrepreneurs.

5. Dr. ABC Orjiako – Co-founder, Seplat Energy

Dr. ABC Orjiako is from Umuchima in Imo State. He started as a medical doctor before moving into the oil business. He co-founded Seplat Energy, a major Nigerian oil company listed in Nigeria and London. He also works in construction and marine services. His net worth is estimated at $1 billion.

Dr. Orjiako’s discipline from his medical background helped him build a reputation for excellence in business. He continues to invest in Nigerian healthcare and education through his foundation.

4. Emeka Offor – Chairman, Chrome Group

Emeka Offor is from Oraifite in Ekwusigo Local Government Area of Anambra State. He is the founder of the Chrome Group, a multi-company firm with interests in oil and gas, power, insurance, and telecommunications. His estimated net worth isIgbo billionaires, richest Igbo men, Igbo entrepreneurs, Nigerian billionaires, Innoson Motors, Arthur Eze, Obi Jackson, Ifeanyi Ubah, Pascal Dozie, Igbo business leaders, Nigerian oil tycoons, Nnewi businessmen, Anambra billionaires, Igbo culture, Igbo success stories, top richest Nigerians, southeast Nigeria, Igbo heritage, Igbo business empire, African entrepreneurs, Nigerian wealt about $1.2 billion.

Offor is also known for his philanthropy. His Sir Emeka Offor Foundation focuses on education, health, and economic empowerment, and has donated millions to eradicate river blindness and support literacy across Nigeria

3. Cletus Madubugwu Ibeto – Founder, Ibeto Group

Cletus Ibeto is from Nnewi in Anambra State. He started his journey selling motor parts and built the Ibeto Group, which works in cement, energy, hospitality, and real estate. He helped reduce Nigeria’s dependence on imported cement. Today, he is worth about $1.3 billion.

Ibeto’s companies have been instrumental in Nigeria’s construction sector. He’s also respected for his vision of building industries that support national development and reduce imports.

2. Ernest Azudialu-Obiejesi – Founder, Obijackson Group

Ernest Obiejesi comes from Okija in Anambra State. He is the founder of Obijackson Group, which includes Nestoil, a major player in Nigeria’s oil industry. He also invests in aviation, health, and marine services. He has built schools and hospitals in his hometown. His net worth is around $1.5 billion.

His company Nestoil has helped localize oil servicing in Nigeria. He is a key advocate for local content and job creation in the oil industry.

1. Prince Arthur Eze – CEO, Atlas Oranto Petroleum

Prince Arthur Eze is from Ukpo in Dunukofia Local Government Area, Anambra State. He is the founder of Atlas Oranto Petroleum, the largest privately-owned oil company in Africa. He has oil blocks in over 12 African countries. He is also a known philanthropist, supporting schools, churches, and communities. His estimated net worth is $5.8 billion, making him the richest Igbo man in 2025.

Prince Eze is also known as “Ozoigbondu” by his people and is respected for his generosity. He is often seen attending cultural and political events where he donates generously to various causes.

Conclusion

These successful Igbo men have made their mark in Nigeria and across the world. Through their businesses, they create jobs, grow the economy, and give back to society. They are role models for young Nigerians who dream of achieving great success.

From motor parts and soap to oil, telecoms, and cement, these Igbo billionaires prove that with hard work and vision, anything is possible. Their stories inspire thousands and shape the economic future of Nigeria.