Deltan Born Igho Sanomi is Africa's youngest Billionaire

Igho Charles Sanomi makes history as Africa's youngest Billionaire. Igho Sanomi is 39 years old now and was named Africa's youngest billionaire at 38 when he hit a net worth of $1bn. 

Biography of Igho Sanomi

Igho Charles Sanomi II was born in Agbor, Delta State, Nigeria on the 17 of May 1975. He's the fifth child (and first son) of a devout Catholic family. His father, the late Dickens Oghenereumu Patrick Sanomi hailed from Delta State Nigeria and was a retired Assistant Inspector General of the Nigerian Police. Mr Sanomi’s mother, Mabel Iyabo Sanomi holds a Royal title of Yeye Jemo of Isotun Ijesha Kingdom in Osun State. She was a renowned nurse and medical entrepreneur from Osun State in South Western Nigeria.

Mr Sanomi entered the world of business shortly after completing his Bachelor’s Degree in Geology and Mining at the University of Jos in Northern Nigeria. He rose quickly to the position of Executive Director with Sarian Oil and Cosmos Oil AG, an international Oil Trading Company with its core activities in West Africa.  During his time in this role he single handedly developed the company’s trading operations by negotiating the export and delivery of fuel oils from West Africa to the United States Gulf Coast. He also developed a strategic alliance with a major international oil trading group based in Zug, Switzerland. This partnership oversaw the import and export of millions of tons of refined petroleum products to and from the West African coast.

He is a Nigerian businessman, trained engineer and philanthropist. He has business interests in oil, telecommunications, maritime, aviation and real estates.

Igho Sanomi has a career path that has taken him across various economic sectors like: telecommunications, shipping, aviation, engineering, construction and real estate investments in Nigeria and beyond.

According to a report by Forbes, In 2004, Igho Sanomi founded the Taleveras Group, a Nigerian energy trading company. Taleveras trades over 100 million barrels of crude oil as well as several million tons of gasoline, LPG and jet fuel. In April 2012, Taleveras acquired production sharing contracts (PSCs) for three offshore oil blocks in Ivory Coast. In June 2013, Taleveras sold a 65% stake in one of its Ivorian offshore upstream projects to Lukoil of Russia for an undisclosed price. Taleveras also owns a stake in a power distribution firm in Nigeria. Sanomi is 38 years old.