Meet 10 Nigerian billionaires all from the same town Nnewi

Nnewi, Anambra state is once again in the news and this time it is because of a well-researched story written by journalist Eromo Egbejule for Forbes Africa on the number of billionaires in the town. 

Nnewi has possibly bred more billionaires than any other town in Africa and is nicknamed the Japan of Africa. According to Forbes Africa, these are 10 of the most prominent naira billionaires from Nnewi, in no particular order: 

1. Cletus Ibeto Cletus Ibeto is the chairman of the Ibeto Group. 

According to Wikipedia, he started out as a spare parts import dealer, after spending some time as an apprentice in the motor parts business, a gradual step taken by many eastern traders. 

Source: https://www.naij.com/1120723-meet-10-nigerian-billionaires-town-nnewi.html?source=notification

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