Abdulsamad Rabiu

Abdulsamad Rabiu

Abdulsamad Rabiu (#205)

Global Rank #205
Country Rank #2
Country Nigeria

Abdulsamad Rabiu is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 15 B
  • Cement, sugar
  • Nigeria
  • M
  • 65 Years

Snapshot

Quick Facts

Global Rank #205
Country Rank #2
Net Worth $15.1B
Previous Worth $15.1B
Worth Change +$0.0B
Country Nigeria
Industry Cement, sugar
Age 65 Years
Gender M
Worth As Of May 4, 2026
Residence Lagos, Nigeria
Citizenship Nigeria
World Billionaires List Nigeria Billionaires Cement, sugar

Profile Data

Personal Stats

Age 65
Source Of Wealth Cement, sugar
Residence Lagos, Nigeria
Citizenship Nigeria
Marital Status Married
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $15.1B
Current Net Worth $15.1B

Worth as of May 4, 2026

About Me

Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. In early January 2020, Rabiu merged his privately-owned Obu Cement company with listed firm Cement Co. of Northern Nigeria, which he controlled. The combined firm, called BUA Cement Plc, trades on the Nigerian stock exchange; Rabiu owns 98.2% of it. He also owns 95% of publicly traded food conglomerate BUA Foods. Rabiu, the son of a businessman, inherited land from his father. He set up his own business in 1988 importing iron, steel and chemicals.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Abdulsamad Rabiu.

#284
Billionaires (2026)
#3
Africa's Billionaires (2026)

Insights

Did You Know?

His foundation, the Abdul Samad Rabiu Initiative, supports education, health and social development projects across Africa.

Wealth Growth

Net Worth Growth Over Time

Tracking Abdulsamad Rabiu's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $15.1B (May 4, 2026)

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