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Meet The 2 Nigeria’s Youngest And Wealthiest Millionaires To Watch Out For, Ladi Delano & Jason Njoku

#1 Ladi Delano

Ladi Delano is 30 years old.

The jet-setting Nigerian serial entrepreneur made his first millions as a liquor entrepreneur while living in China. In 2004, at age 22, he founded Solidarnosc Asia, a Chinese alcoholic beverage company that made Solid XS, a premium brand of vodka. Solid XS went on to achieve over 50% market share in China and was distributed across over 30 cities in China, and pulled in $20 million in annual revenue. Delano subsequently sold the company to a rival liquor company for over $15 million and ploughed his funds into his next venture-The Delano Reid Group, a real estate investment holding company focused on mainland China.  Today, Delano is the co-founder and Chief Executive Officer of Bakrie Delano Africa (BDA) – a $1 billion joint venture with the $15 billion (market cap) Bakrie Group of Indonesia. Bakrie Delano Africa serves as the investment partner of the Bakrie Group in Nigeria.According to Forbes,  The Indonesian conglomerate has provided over $900 million worth of funds to invest in Nigeria and Bakrie Delano Africa is responsible for identifying investment opportunities in mining, agriculture and oil & gas and executing them.

Ladi Delano Nigerias youngest millionaire Meet the 2 Nigeria Youngest and wealthiest Millionaires to watch out for, Ladi Delano & Jason Njoku

 

#2 Jason Njoku

Jason Njoku is  31 years Old. In the video below he talks about how he began his business.

The maverick Nigerian Internet entrepreneur is founder of Iroko TV, the world’s largest digital distributor of African movies. Iroko TV has been dubbed the ‘Netflix of Africa’. Earlier this year, Iroko TV raised $8 million in venture capital from Tiger Global Management, a New York-based private equity and hedge fund run by billionaire Chase Coleman. IrokoTV enjoys lucrative content distribution deals with Dailymotion, iTunes, Amazon and Vimeo. Njoku is unwilling to divulge figures, but analysts believe IrokoTV could be worth as much as $30 million. According to Forbes, Njoku is the company’s largest individual shareholder. Listen to him talk about his business

jason iroko richest man in nigeria Meet the 2 Nigeria Youngest and wealthiest Millionaires to watch out for, Ladi Delano & Jason Njoku

source: Nigeria music box

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