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  • 286 Mike Adenuga
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    Adenuga,


    Nigeria's second richest man, built his fortune in telecom and oil production.

    His mobile phone network, Globacom, is the second largest operator in Nigeria, with 50 million subscribers.

    His oil exploration outfit, Conoil Producing, operates 6 oil blocks in the Niger Delta.

    Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver.

    He made his first million at age 26 selling lace and distributing soft drinks.

    ON FORBES LISTS

    #286 Billionaires 2020

    #3 Africa's Billionaires 2020

    STATS

    AGE 67

    SOURCE OF WEALTH

    telecom, oil, Self Made

    RESIDENCE Lagos, Nigeria

    CITIZENSHIP Nigeria

    MARITAL STATUS Married

    CHILDREN 7,,

    EDUCATION

    Master of Business Administration, Pace University

    NET WORTH OVER TIME

    $2B Billionaires

    March 2011

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