Networth: $ 4,6 billion
Forbes 5th richest African
Nicknamed “the Guru” in his native Nigeria, Adenuga debuts on Forbes billionaires list in 2011 after making waves with mobile technology firm Globacom, Nigeria’s second-largest mobile telecom operator. He made his first million at age 26 selling lace and distributing soft drinks. His telecom carrier Globacom launched a 4G network, and he’s invested $1 billion on a submarine cable connecting Nigeria to the rest of the world. He made his first million at age 26 selling lace and distributing Coca-Cola, then won a contract to build military barracks in the late 1980s. He owns a stake in the Equitorial Trust Bank and chairs Niger Delta oil exploration firm Conoil. Adenuga is a soccer devotee and sponsors a number of tournaments.
Globacom Limited is Africa’s fastest growing telecommunications company. Owned by the Mike Adenuga Group, Globacom is the market leading mobile service provider in Nigeria. Globacom also operates in the Republic of Benin and has recently acquired licenses to operate in Ghana and the Ivory Coast. It has a reputation as one of the fastest growing mobile service providers in the world. Globacom Limited aims to be recognized as the biggest and best mobile network in Africa.