This article will discuss the top richest Hausa men in Nigeria in 2022. As you read on, you’ll learn about how these men amassed their fortune as well as their estimated net worth so you can understand the depth of their wealth. Let’s go.
The top 5 richest Hausa men in Nigeria in 2022 would be discussed below:
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Aliko Dangote
The first on this list is Aliko Dangote who is the richest man in Africa, as well as Nigeria. Aliko Dangote was born on April 10, 1957, into an affluent Hausa Muslim family in Kano. He was the son of Mariya Sanusi Dantata and Mohammed Dangote, who coincidentally was a business associate of Sanusi Dantata, father to Aliko’s mother. Before Aliko Dangote turned ten, his father died and his uncle Sanusi Dantata assumed the role of his guardian in 1965. This relationship with his businessman uncle piqued young Aliko’s interest in the business.
After Aliko Dangote graduated from college, Sanusi Dantata loaned him $3,000, which Dangote used to start the importation of agricultural commodities to sell in Nigeria. Then in 1977, Dangote relocated to Lagos and established the Dangote Group. Starting as a small trading firm at inception, the Dangote Group has transformed into a multi-billion dollar conglomerate with an interest in cement production, salt production, sugar production, and flour production. Over the years, has expanded his business into steel manufacturing, real estate, telecommunication and oil, and gas. As of June 2022, he is worth an estimated $13 billion per Forbes 2022 mid-year ranking.
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Abdul Samad Rabiu
The second man on our list of 5 richest Hausa men in Nigeria in 2022 is Abdul Samad Rabiu. Abdul Samad was born in Kano to foremost Nigerian industrialist Khalifa Isyaku Rabiu, on August 4, 1960. At the age of 24, just after graduation from Capital University in Columbus, Ohio, Abdul Samad returned to Nigeria to oversee his family’s business when his father was being detained by General Muhammadu Buhari for allegedly failing to pay rice import duties. With the experience he gained running his family’s business, Abdul Samad established his own company, BUA International Limited in 1988.
BUA began as a commodity trading company that was involved in importing rice, edible oil, flour, as well as iron and steel. Shortly after in 1990, the federal government contracted BUA to supply raw materials to Delta Steel Company, which provided the company with the needed windfall for Abdul Samad to expand his business into the steel industry. Over the years, BUA group has expanded into edible oil production, sugar production, and cement manufacturing. The mid-year Forbes list of Africa’s richest people put Abdul Samad’s net worth at $6.9 billion.
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Theophilus Yakubu Danjuma
T.Y Danjuma is one of the richest Hausa men in Nigeria in 2022. After he retired from the Nigerian Army in 1979, T.Y Danjuma established a shipping line known as the Nigeria American Line (NAL) that same year. In 1984, he formed Comet Shipping Agencies Nigeria Limited to act as an agent for the Nigerian American Line. Recording enormous success and amassing a tremendous fortune from shipping, T.Y Danjuma ventured into oil exploration and production, as the company he created in 1995, South Atlantic Petroleum (SAPETRO), was awarded an Oil Prospecting Licence (OPL) 246 in 1998. Then onwards, T.Y Danjuma’s fortune from shipping, petroleum and several other investments puts him among the top 5 richest Hausa men in Nigeria in 2022. T.Y Danjuma’s net worth in 2022 is above the $ 1 billion mark, per multiple online sources.
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Aminu Dantata
Aminu Dantata is another wealthy man of Hausa stock on the list of the top 5 richest Hausa men in Nigeria in 2022. Aminu Dantata was born into affluence as he was one of the sons of Alhassan Dantata. He was born in 1931, and in 1948 after his education, he joined the family business – Alhassan Dantata and Sons at the age of 17- as a produce buyer. In 1955, Aminu Dantata was in charge of the Sokoto district of the family business. Then, in 1958 he occupied the Deputy Managing Director position of Alhassan Dantata and Sons, going on to become the Managing Director two years later when his elder brother, Ahmadu Dantata, who occupied the top spot passed on. Then, until 2022, Aminu Dantata has continued expanding the family’s business, amassing an enormous fortune to the tune of $ 1 billion according to several online publications. Aminu Dantata is the uncle of Aliko Dangote.
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Dahiru Barau Mangal
Dahiru Barau Mangal is a Katsina-state-born billionaire businessman worthy of being on the list of the top 5 richest Hausa men in Nigeria. Born on August 3, 1957, Dahiru Barau Mangal is a Hausa man that started from a humble beginning to reach the top he is today. Starting off as a truck driver in his youth, Dahiru Mangal grew to become a business mogul with interests in aviation, tourism, transportation, oil and gas, and construction, among other things.
Dahiru Barau Mangal manages his vast business empire through his holding company, AFDIN Group (Nigeria) Limited, and some of the companies he has a substantial interest in include Max Airlines, AFDIN Construction Company Nigeria Limited, Manasawa Oil, Mangal Oil, and Manasawa Enterprises. In 2021, Dahiru Barau Mangal in agreement with Sinoma, a Chinese firm, is undergoing an ongoing construction of a $600 million cement plant in Kogi State, that would be capable of producing 3 million metric tons of cement in a year. According to multiple online sources, Dahiru Barau Mangal is worth over $ 1 billion in 2022.
You may be wondering why Ibrahim Badamasi Bagaginda does not appear on the list even when it’s common knowledge that he is one of the richest men in Nigeria. The reason is that there’s so much speculation as to the size of his fortune and the investments he has in the country. Remember, the Okigbo Panel Report indicted IBB for squandering $ 12 billion of State money, however, no legal proceedings have been made to that effect.