Abubakar Rasheed Net Worth 2023: Biography, Phone Number

Abubakar Rasheed Net Worth 2023

0 1 minute read

Abubakar Rasheed is a Nigerian businessman, entrepreneur, and philanthropist. He is the founder and CEO of BUA Group, a conglomerate with interests in cement, sugar, flour, oil and gas, and real estate. Rasheed is one of the richest people in Nigeria and Africa, with a net worth estimated at over $10 billion.

Abubakar Rasheed Early Life

Abubakar Rasheed was born in 1960 in Kano, Nigeria. He is from a humble background, and his father was a farmer. Rasheed started working at a young age to help support his family. He worked as a trader and a contractor before starting his own business in 1988.

Abubakar Rasheed Education

Rasheed is not formally educated, but he has a keen business sense. He has learned through experience and by reading books and articles about business.

Abubakar Rasheed Career

Rasheed started his career as a trader, selling rice and beans. He then expanded into contracting, building roads and bridges. In 1988, he founded BUA Group, a conglomerate with interests in cement, sugar, flour, oil and gas, and real estate.

BUA Group is one of the largest conglomerates in Nigeria. It employs over 10,000 people and generates billions of dollars in revenue each year. Rasheed is a visionary leader who has transformed BUA Group into a global powerhouse.

Abubakar Rasheed Achievements

Rasheed has achieved great success in his career. He has built BUA Group into one of the largest conglomerates in Africa. He has also received numerous awards and accolades for his business achievements.

In 2013, Rasheed was named the African Entrepreneur of the Year by Forbes Africa. He was also awarded the Order of the Federal Republic (OFR) by the Nigerian government in 2018.