Top 3 Richest Lebanese Migrants Doing Business In Nigeria

Migrants from Lebanon have increased gradually over the years in Nigeria, due in part to the great success of some Lebanese families that struck gold during and before the Abacha era in Nigeria. Many have become permanent citizens of Nigeria, securing assets, resources and properties across the nation. On our ranking list today, Olatorera Consultancy Limited brings to you the top 3 richest Lebanese families in Nigeria based on the story of their foremost leader. Below are the top three richest Lebanese families in Nigeria.

• Gilbert Chaguory

In 1971, he co-founded the Chagoury Group with his younger brother Ronald Chagaury, an industrial conglomerate with interests in construction, real estate and property development, flour mills, water bottling and purification, glass manufacturing, insurance, hotels (Eko Hotel & Suites), furniture manufacturing, telecommunications, IT, catering and international financing Gilbert and Ronald Chagoury founded C & C Construction in the late 1970s, which was the forerunner of Hitech and ITB (these now form the Construction Division of the Chagoury Group of Companies). Through their ownership of the Chagoury Group, Gilbert Chagoury and family have an estimated wealth of $4.2 billion. The source of the Chargoury’s initial wealth and startup capital is said to have emerged from their collaborations with former corrupt president of Nigeria, General Sani Abacha.

• Late Ely Calil

Ambitious business man, Ely Calil was born in Kano, Nigeria in 1945 to migrant parents from Lebanon. He was a businessman with a net worth of 350 million Euros as at 2010. He invested globally and was revered by The Sunday Times Magazine as one of the richest men in Britain. Eli Calil’s made his wealth from his father, George Calil His father founded a groundnut oil empire and the Nigerian Oil Mills (NOM). This business empire was willed to Ely and his brother Bernard after their father’s demise. Ely Calil passed on in May of 2018.

• Amin Mousalli 

Amin Mousalli is a Lebanese-Nigerian based businessman. He is the founder of AIM group, a conglomerate that is into construction, engineering design, communications and more.  He is also the owner of Cool fm Wazobia FM, Nigeria Info 9 and 3 FM. Amin was also one of the recipients of Nigerian National award in 2014. He was also honored with the Life Time Achievement Award for their contribution to the development of Nigerian electronic media in 2012

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Olatorera Consultancy Limited is a new-generation consulting company providing business development and consulting services to established companies and high net-worth individuals. Olatorera Consultancy provides critical and analytical services to companies under our radar to enable them to innovate and serve their clients more effectively and efficiently using digital resources and modern strategies. Olatorera Consultancy provides the seal and stamp of Africa’s Best to enable great companies to compete stronger on a global scale. Olatorera Consultancy publishes an annual list of “Africa’s Best 100 Companies” and “Africa’s Best 100 Leaders”.