18. Tunde Folawiyo
Net Worth: $650 Million
Industry: Oil & Gas, Telecom
Tunde Folawiyo is a Nigerian businessman and the managing director of Yinka Folawiyo Group, a conglomerate founded by his father, Wahab Folawiyo with interests in oil and gas, agriculture, shipping, real estate and engineering.
The company’s oil exploration firm, Yinka Folawiyo Petroleum, owns a 60% interest in an oil block that contains the Aje offshore field.
Other assets include minority stakes in Nigeria’s Access Bank and mobile phone carrier MTN Nigeria.
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