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Sir Louis Odumegwu Ojukwu, Nigeria First Billionaire Who Was Worth Over $4 Billion In 1950s

Not many people knew about Louis Odumegwu Ojukwu, but a greater number of people knew his son, Late Chief Emeka Odumegwu Ojukwu .

Sir Louis odumegwu ojukwu , the first-ever recorded Nigerian Billionaire. He was considered the wealthiest person in Nigeria and Africa as at that time. His Net-Worth calculated to be Over 4 billion dollars as of 1950s.

He was also either chairman or on the board of directors of some of Nigeria’s most profitable companies such as Shell Oil Nigeria Limited, Guinness Nig. Ltd, Nigerian National Shipping Lines, Nigerian Cement Factory, Nigerian Coal Corporation, Costain West Africa Ltd, John Holt, Nigerian Marketing Board amongst others

He started his professional career at the agricultural department before leaving to join John Holt as a Tyre sales clerk before diversifying into the textile and transport sector exhibiting the entrepreneurial spirit of the South East.

He was also reportedly the first Nigerian Billionaire man to own a Mercedes Benz in all of Nigeria then. Starting as a low-level employee to a billionaire shows that hard work, focus and determination pay off. It was also reported that his Rolls Royce was used to carry the queen of England on her first visit to Nigeria, he was the only African man that own a limousine.

The record of his Net-Worth at a time was not able to be calculated, because he was into real estate and owns up to 70% of landed properties in Lagos.

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