TOP 5 REAL ESTATE TYCOONS IN NIGERIA
- ALIKO DANGOTE
In Nigeria, the richest person in real estate is Aliko Dangote, whose net worth is $US 15.9 billion. Although there are no billionaires in Nigeria who have made their fortune solely on real estate, a large part of Aliko Dangote’s wealth comes from his warehouses, luxury flats and commercial buildings in Lagos, Cross River, Kano, Rivers and Abuja.
In addition to real estate, Dangote also manufactures, exports and imports goods into Nigeria.
- FOLORUNSHO ALAKIJA
Mrs. Folorunsho Alakija is a dynamic Nigerian businesswoman and philanthropist. She oversees several business endeavours such as FAMFA Oil Limited, her family’s oil exploration and production business as the Vice Chairman, seeing to its strategic planning and day-to-day administration. What many do not know is that she is a major player in the real estate sector in Nigeria.
She is the Vice-Chairman of Dayspring Property Development Company Limited, a real estate company with investments in different parts of the world.
Mrs. Alakija has a real estate portfolio which is valued at over $100 million.
- CHIEF RASAK AKANNI OKOYA
Chief Okoya has investment in properties in different parts of Lagos. These investments include, Oluwanisola Estate at Lekki/Ajah Expressway, Elegant gardens and Shopping Mall, also in Ajah, all form part of his property investments. The Oluwanisola Estate which is also described as an expatriate estate because of the high number of expatriates living there, is well equipped with uninterrupted power and water supply, marble floors, central air-conditioning, sauna, lush gardens, billiard room, tennis court, swimming pool and lots more.
- GILBERT CHAGOURY
Founder and Chairman of the Chagoury Group, Gilbert Ramez Chagoury was born in Lagos, Nigeria on 8th January 1946. His parents Ramex and Alice Chagoury were Lebanese immigrants who raised all their children in Nigeria. The group is famous for the development of Banana Island (Ocean Parade towers), the Eko Atlantic City, and other top real estate developments around the country. The construction companies under their portfolio include HiTech and ITB Constructions.
- PRINCE OLU OKEOWO
He is the Founder and Chairman of Gilbratar Construction and is reputable for being one of the most powerful players in Ikoyi and environs.