Abdulsamad Rabiu

Abdulsamad Rabiu

Abdulsamad Rabiu (#182)

  • $ 16 B
  • Cement, sugar
  • Nigeria
  • M
  • 65 Years

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.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Abdulsamad Rabiu’s rise and global influence.

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

Wealth Growth

Net Worth Growth Over Time

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

Current Net Worth: $15.8B (May 4, 2026)