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Top billionaire wives of wealthiest men in Nigeria

Top billionaire wives of wealthiest men in Nigeria

Nigeria, renowned for its rich cultural heritage and dynamic economy, is home to some of Africa's wealthiest and most influential business leaders. While these billionaires are widely celebrated for their achievements, many have supportive spouses who have played important roles in their personal and professional journeys.


The wives of Nigeria's richest men have often remained pillars of support, contributing to their families, businesses, and philanthropic efforts in various ways. Some are accomplished professionals and entrepreneurs in their own right, while others are actively involved in charitable and social development initiatives.

Here is a look at the top 10 wives of Nigeria's wealthiest billionaires as of July 31, 2026.

1. Shade Okoya

Folashade Nimota Okoya, born on April 25, 1977, is a Nigerian businesswoman, industrialist, and fashion enthusiast. She is the Managing Director and Chief Executive Officer (MD/CEO) of the Eleganza Group, one of Nigeria's leading manufacturing conglomerates founded by her husband, billionaire industrialist Chief Razaq Okoya, who is also the Chairman of RAO Property Investment Company and the Aare of Lagos.


Widely admired for her elegance and impeccable sense of style, Folashade Okoya is known for making bold fashion statements at public events, often appearing in beautifully designed outfits complemented by elaborate gele headpieces.

A native of Ijebu Ode in Ogun State, she obtained a National Diploma in Banking and Finance from Lagos State Polytechnic before earning a Bachelor of Science degree in Sociology from the University of Lagos.

Beyond her corporate responsibilities, Folashade is actively involved in philanthropy. She sponsors the annual Folashade Okoya Kids Cup, a grassroots football competition launched in December 2014 in partnership with the Lagos State Grassroots Soccer Association to celebrate children during the Christmas season.

She also funds a scholarship programme that supports the higher education of 10 students every year. In addition, she sponsors an annual pilgrimage to the holy land for Muslim faithful, reflecting her commitment to humanitarian and community development initiatives.


2. Awele Vivien Elumelu

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Awele Vivien Elumelu, OFR, born on June 23, 1970, is a Nigerian physician, business executive, and philanthropist. She is the Chairperson of Avon Healthcare Limited and Avon Medical Practice, while also serving as a Non-Executive Director at Heirs Holdings and several other organisations. Alongside her husband, billionaire businessman Tony Elumelu, she co-founded the Tony Elumelu Foundation, one of Africa's leading entrepreneurship-focused philanthropic organisations.


Born in Lagos State, Dr. Awele Elumelu attended Queen's College, Lagos, before obtaining her Bachelor of Medicine and Bachelor of Surgery (MBBS) degree from the University of Benin. She practised medicine in both Nigeria and the United Kingdom, working at institutions including the Lagos University Teaching Hospital (LUTH) and Grantham and District Hospital in England.

Driven by her passion for improving healthcare delivery, she established Avon Medical in 2013, building it into a network of clinics and medical centres offering services across diagnostics, wellness, specialist care, and preventive medicine.

In the same year, she founded Avon Healthcare Limited, one of Nigeria's leading Health Maintenance Organisations (HMOs), where she oversees the delivery of health insurance services tailored to individuals, families, and corporate organisations.

Beyond healthcare, Dr. Elumelu has made significant contributions to Nigeria's business sector. She serves as Chairperson of Heirs Insurance Brokers and is a Non-Executive Director at Heirs Holdings, the pan-African investment company founded by Tony Elumelu. The company has strategic investments across healthcare, financial services, hospitality, real estate, energy, and technology.

In 2010, she and her husband launched the Tony Elumelu Foundation, inspired by their philosophy of Africapitalism. Since its inception, the foundation has empowered more than 400,000 young entrepreneurs across all 54 African countries through non-refundable grants, business training, mentorship, and networking opportunities.

Her leadership portfolio expanded further in 2026 when she was appointed Chairperson of Transcorp Hotels Plc, the owner of the iconic Transcorp Hilton Abuja and one of Nigeria's leading hospitality companies.

Dr. Awele Elumelu's contributions to healthcare, business, and philanthropy have earned her widespread recognition. In 2023, she was conferred with the national honour of Officer of the Order of the Federal Republic (OFR) by former President Muhammadu Buhari. In 2026, she was also named among TIME magazine's 100 Most Influential People in Philanthropy, in recognition of her impact on entrepreneurship and social development across Africa.

3. Nana Otedola

Nana Otedola, the wife of Nigerian billionaire businessman Femi Otedola, is a Ghanaian-born businesswoman and philanthropist. Born on August 2, 1966, she received most of her education in London before venturing into business.


Although she became widely known after marrying Femi Otedola, one of Africa's most prominent businessmen, Nana has built a successful career of her own and is widely respected for her entrepreneurial achievements and charitable activities.

She is the founder of Garment Care, one of Nigeria's leading premium laundry and dry-cleaning companies, which provides services to households, hotels, restaurants, and corporate organisations.

Before launching Garment Care, Nana worked in the United Kingdom, where she spent 13 years at Fineshade Energy Limited, rising to the position of director before deciding to pursue entrepreneurship.

Unlike her husband and children, Nana maintains a relatively private lifestyle and has no public social media presence. However, she occasionally appears in photos and videos shared by her children, including DJ Cuppy (Florence Otedola), actress and model Temi Otedola, and her only son, Fewa Otedola. She is also the stepmother of Tolani Otedola, Femi Otedola's daughter from a previous relationship.

Speaking during a recent podcast interview with her daughter Temi Otedola and Temi's partner, singer and entrepreneur Mr Eazi, Nana reflected on her entrepreneurial journey, revealing that she explored about 10 different business ideas before finding lasting success.

She disclosed that one of her earliest ambitions was to work in an administrative role, but her husband discouraged the idea. She also tried buying and selling goods, but the venture failed to gain traction.

According to Nana, she later identified an opportunity in the laundry and dry-cleaning industry and decided to establish Garment Care despite initial doubts from both Femi Otedola and a consultant identified as Brian, who questioned whether the business would succeed.

Undeterred, she remained committed to her vision, and the company eventually grew into one of the country's leading dry-cleaning brands.

Reflecting on the experience, Nana explained that Lagos had a significant demand for a reliable laundry and dry-cleaning service at the time. Mr Eazi, who was also part of the conversation, agreed that the demand for such services remains strong today.

VIDEO: Nana Otedola Reveals Why She Chose Dry Cleaning After Trying 10 Businesses

Nana Otedola, wife of billionaire businessman Femi Otedola, has revealed that she ventured into about 10 different businesses before finding success in...

Credit: The How Far Podcast pic.twitter.com/APU82FrKrs

— TVC News (@tvcnewsng) July 18, 2026

4. Dr. Elizabeth Itunnuayo Jack-Rich

Dr. Elizabeth Itunnuayo Jack-Rich is a Nigerian entrepreneur, philanthropist, and business executive renowned for her contributions to business development and humanitarian initiatives. Born on May 18, 1993, in Ondo State, she is the founder and Chief Executive Officer of Elin Group Limited and the Elizabeth Jack-Rich Aid Foundation (EJRAF).


Recognised for her entrepreneurial drive and commitment to social impact, Dr. Jack-Rich has built a reputation as one of Nigeria's emerging business leaders. Through her businesses and foundation, she focuses on creating economic opportunities while supporting vulnerable communities through various empowerment and charitable programmes.

She is married to Nigerian oil magnate, politician, and philanthropist Tein Jack-Rich, the founder of Belemaoil Producing Limited, the first indigenous oil exploration and production company in Nigeria. Their marriage is blessed with children.

Although she is married to one of Nigeria's prominent businessmen, Dr. Elizabeth Jack-Rich has established her own identity through her achievements in business and philanthropy. Her career reflects a commitment to entrepreneurship, innovation, and sustainable development.

Born into a multicultural family, she is the daughter of Mr. W. J. Isaac, an Israeli, and a Yoruba mother from Ondo State. Her diverse cultural background has shaped her worldview and influenced her approach to leadership and community service.

As the Chief Executive Officer of Lagos-based Elin Group Limited, which also has operations in the United States, Dr. Jack-Rich oversees a diversified business conglomerate with investments across several strategic sectors.

The company's portfolio spans real estate, power generation, agriculture, gas utilisation, mining, maritime, and aviation, reflecting its commitment to contributing to Nigeria's economic growth through investments in key industries.

Under her leadership, Elin Group has continued to expand its presence across multiple sectors, positioning itself as a significant player in infrastructure development, natural resources, and sustainable business ventures in Nigeria.

5. Titi Joyce Adenuga

Titi Joyce Adenuga is the wife of Nigerian billionaire businessman Mike Adenuga, the founder of Globacom and one of Africa's wealthiest individuals. Although she maintains a low public profile, she is widely regarded as a supportive partner who has stood by the business mogul over the years.


Titi and Mike Adenuga reportedly met while she was seeking employment at the former Devcom Merchant Bank, where their relationship began. The couple later got married and have two children together, Sade and Niyi.

A native of Delta State, Titi Adenuga was born to Itsekiri parents, Pa Elijah Okome and Mrs. Susan Okome. She attended Queen's College, Yaba, Lagos, before earning her degree from Obafemi Awolowo University (OAU), Ile-Ife.

Despite being married to one of Nigeria's most influential businessmen and the owner of Globacom, the country's leading indigenous telecommunications company, Titi has largely stayed away from the spotlight, preferring a private life while supporting her family behind the scenes.

6. Uchenna Ubah

Uchenna Ubah is the widow of the late Nigerian businessman and senator, Dr. Patrick Ifeanyi Ubah, who founded Capital Oil and Gas Industries Limited and served as its Chairman and Chief Executive Officer from its establishment in 2001 until his death on July 26, 2024.


The couple got married when Uchenna was 22 years old, and their marriage lasted for more than two decades. Together, they were blessed with five children, with Uchenna standing firmly by her husband's side throughout his business and political journey.

Academically, she holds a Bachelor's degree in Business Administration and a Master of Business Administration (MBA) from Ahmadu Bello University, Zaria.

Despite being married to one of Nigeria's most successful entrepreneurs, Uchenna is known for maintaining a relatively private lifestyle. She is often described as someone who embraces elegance through simplicity rather than extravagant displays of wealth.

Over the years, she has also been associated with a collection of luxury vehicles, including a Range Rover Sport, a Mercedes-Benz C-Class, and a BMW 3 Series.

7. Daisy Danjuma

Daisy Ehanire Danjuma, born on August 6, 1952, in Benin City, Edo State, is a Nigerian businesswoman, lawyer, politician, and philanthropist. She is widely recognised for her contributions to public service, corporate leadership, and humanitarian causes.


She began her legal career as a State Counsel with the Lagos State Ministry of Justice after serving as one of the pioneer legal counsels at the Legal Aid Council of Nigeria during her National Youth Service Corps (NYSC) programme.

In 2003, Daisy Danjuma was elected as the Senator representing Edo South Senatorial District, a position she held until 2007, where she contributed to legislative activities and national development.

Outside politics, she has built an impressive corporate career, serving in key leadership positions, including Chairperson and Executive Vice Chairperson of South Atlantic Petroleum (SAPETRO), one of Nigeria's leading indigenous oil companies. She also serves as Chairperson of May & Baker Nigeria Plc, a leading pharmaceutical company.

In addition to her business and political achievements, Daisy Danjuma plays an active role in the TY Danjuma Foundation, the philanthropic organisation established by her husband, retired General Theophilus Yakubu Danjuma, through which they support healthcare, education, and poverty alleviation initiatives across Nigeria.

Daisy Danjuma's husband is Theophilus Danjuma, a retired Nigerian military general, former Minister of Defence, and businessman. 

8. Remi Tinubu

Oluremi Tinubu, born on September 21, 1960, is a Nigerian politician and the First Lady of the Federal Republic of Nigeria, a position she assumed in 2023 following the inauguration of her husband, President Bola Ahmed Tinubu.


Before becoming First Lady, she served as the First Lady of Lagos State from 1999 to 2007 during her husband's tenure as governor. She also represented Lagos Central Senatorial District in the Nigerian Senate from 2011 to 2023 under the platform of the All Progressives Congress (APC).

Remi Tinubu earned a Bachelor of Science degree in Education from the University of Ife, now Obafemi Awolowo University (OAU), Ile-Ife. She also holds a National Certificate in Education (NCE) in Botany and Zoology from Adeyemi College of Education, Ondo State.

Throughout her public service career, she has received several honours and recognitions, including the national honour of Officer of the Order of the Niger (OON). She has also been recognised with awards such as the Ghana Noble International Award for Leadership in 2004 and the Gambian Diamond Award for her contributions to poverty alleviation in 2005. In addition, she serves as a member of the Board of Trustees of Kings University, Ode-Omu.

Beyond politics, Remi Tinubu is an ordained pastor in the Redeemed Christian Church of God (RCCG) and is actively involved in faith-based and humanitarian initiatives.

She is the mother of three children—Zainab Abisola Tinubu, Habibat Tinubu, and Olayinka Tinubu—and is also the stepmother to President Tinubu's children from previous relationships, including the late Olajide Tinubu, Folashade Tinubu, and Oluwaseyi Tinubu.

9. Olori Atuwatse III

Olori Atuwatse III, born Ivie Okunbo on May 22, 1986, is the Queen Consort of the Warri Kingdom and the wife of Ogiame Atuwatse III, the 21st Olu of Warri. She officially assumed the title of Olori Atuwatse III following her husband's coronation in August 2021.


Born in Lagos State, Olori Atuwatse III is the eldest daughter of the late Captain Idahosa Wells Okunbo, a renowned Nigerian businessman with investments in the oil and gas, agriculture, real estate, and telecommunications sectors.

She received her early education in Nigeria before continuing her studies in the United Kingdom. She later earned a Bachelor of Laws (LL.B.) degree from the London School of Economics and was called to the Nigerian Bar in 2010.

Since becoming Queen Consort, Olori Atuwatse III has distinguished herself through humanitarian and community development initiatives focused on women, children, education, and healthcare.

In honour of her late father, she established the Captain Idahosa Wells Okunbo STEM Innovation Centre, an initiative aimed at promoting science, technology, engineering, and mathematics education among young Nigerians.

She has also led several intervention programmes across Delta State, providing support to underserved communities. In 2022, she visited the Ureju and Iyara communities in Warri, where she launched initiatives targeted at improving the welfare of residents affected by poverty and environmental challenges.

A passionate advocate for children's education, particularly that of the girl child, Olori Atuwatse III has awarded scholarships to hundreds of students. One of her notable education initiatives includes a scholarship scheme for 100 students of Nana Model Girls College in Warri, Delta State.

In the healthcare sector, she has championed access to free medical services for vulnerable groups. In December 2021, she launched the Wuwu Ore Medical and Welfare Outreach, a programme providing free healthcare and welfare support to women, children, and the elderly. The initiative was later extended to Ugbolokposo Community in Delta State as part of its continued outreach.

Olori Atuwatse III married Ogiame Atuwatse III in November 2014, and the royal couple is blessed with three children. Through her advocacy, philanthropy, and public service, she continues to play a significant role in promoting education, healthcare, and community development within the Warri Kingdom and beyond.

10. Bola "Hajia" Shagaya

Hajia Bola Muinat Shagaya, born on October 10, 1959, in Ilorin, Kwara State, is a Nigerian businesswoman, entrepreneur, and philanthropist. She is widely recognised as one of Africa's most successful female entrepreneurs, with business interests spanning several sectors of the economy.


Bola Shagaya began her professional career in the audit department of the Central Bank of Nigeria (CBN) before leaving the institution in 1983 to establish her own business. She initially focused on the importation and distribution of photographic materials and is credited with introducing the Konica brand to Nigeria and other parts of West Africa.

Over the years, she expanded her business empire by founding Bolmus Group International, a diversified conglomerate with investments in photography, oil and gas, real estate, banking, and other sectors. Some of her notable companies include Fotofair (Nigeria) Limited, Practoil Limited, and Voyage Oil and Gas Limited.

Beyond her business achievements, Hajia Bola Shagaya is known for her contributions to philanthropy and women's empowerment, supporting various charitable and community development initiatives across Nigeria.

She is married to Alhaji Ganiyu Shagaya, a prominent transport entrepreneur and businessman based in Kwara State. Together, they have built a family that includes notable public figures such as businessman Sheriff Shagaya and Muktar Tolani Shagaya, a member of Nigeria's House of Representatives.

11. Olori Mariam Ajibola Ogunwusi

Olori Mariam Ajibola Ogunwusi (née Anako) became one of the wives of the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, in September 2022.


Before joining the royal household, Olori Mariam built a career in Nigeria's oil and gas industry, where she worked as an administrative manager at Nestoil Limited, one of the country's leading engineering and construction companies.

In May 2026, the royal family welcomed a major milestone as Olori Mariam gave birth to a set of twin boys. The Ooni announced the arrival of the twin princes on his official social media platforms, expressing gratitude and confirming that both the mother and the newborns were in good health.

The birth of the twins was widely celebrated by well-wishers, traditional rulers, and members of the public, marking another significant moment for the royal family.

12. Olori Hadiza Elegushi

Olori Hadiza Yakasai Elegushi is the second wife of Oba Saheed Ademola Elegushi, the 21st Elegushi of the Ikate-Elegushi Kingdom in Lagos State.


Before becoming a member of the royal family, Olori Hadiza built a career in the oil and gas industry, where she worked as a business development professional. She also oversees her private business interests, balancing her professional responsibilities with her royal duties.

A native of Kano State, Olori Hadiza married Oba Elegushi in May 2019 during an Islamic wedding ceremony held at the Jumaat Mosque in Yankaba, Kano.

Since joining the royal household, she has continued to maintain a relatively private lifestyle while supporting the traditional ruler in his official engagements and community development initiatives.

Oba Saheed Elegushi is widely regarded as one of Nigeria's wealthiest traditional rulers, with extensive investments in real estate, hospitality, and other business ventures, in addition to his traditional responsibilities.

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