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Top 10 Richest People In Oil And Gas Business

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Top 10 Richest People In Oil And Gas Business

The oil and gas business is one of the fastest moving business in Nigeria and in the world at large. This is because Nigeria is very rich in oil. Therefore, a lot of money is made as a result of its high demand. In this post, I have made a list of the top 10 richest people in the oil and gas business. without much ado, let’s get right into it.

Table Of Contents

Who are the top 10 richest people in oil and gas business?

Here is a list of the top 10 richest people in Oil and gas business:

  1. Charles and David Koch (USA)
  2. MukeshAmbani, (India)
  3. Harold Hamm (USA)
  4. Mikhail Fridman (Russia)
  5. LeonaldMikhelson (Russia)
  6. Gennady Timchenko (Russia)
  7. Mohammed Al Amoudi (Saudi Arabia)
  8. VagitAlekerov (Russia)
  9. German Khan (Russia)
  10. Carrie perrodo and family (France)

See Also: Oil And Gas Investment Opportunities in Nigeria

Top 10 Richest People In Oil And Gas Business


The CEO of Koch industries is Charles Koch as well David Koch his brother who is also the Executive vice president of Koch industries. They both have an estimated net worth of 40 billion dollars each. These are the richest billionaires in the oil and gas industry currently.


Reliance industries is India’s biggest private sector company. The chairman of this industry is MukeshAmbani. This man is also the richest person in India currently.


Harold Hamm has a net worth of about 19.2 billion dollars. He is currently the chairman as well as the CEO of continental resources. Continental resources is currently the third richest oil and gas company. This company produces about 150,000 crude oil per day.


If you have ever heard of the Alfa group, then it is important to note that Mikhail fridman is one of the original founders of the company. This company handles foreign acquisitions, most especially in the oil and gas sector as well as in telecommunications industries.

See Also: Full List of Oil Producing States in Nigeria (2023)


Novatek is a company in which LeonaldMikhelson owns about 25 percent stake. Apart from this, he also has other significant stakes. It should be noted that Novatek accounts for 9.3 percent of all Russian natural gas production.


If you have ever heard of the Volga group of company, it should be noted that Gennady Timchenko is the only shareholder of the company. Gennady Timchenko is currently 62 years old. His company is one of the biggest private companies in the country currently.


The owner of MIDROC is known as Mohammed Al Amoudi. He is the sole owner of this company. This company is interested in petroleum, construction, agribusiness as well as tourism. It cannot be overemphasized that currently, MIDROC company owns about 70 percent stake in National oil Ethopia.


Russia’s current biggest independent oil company is known as Lukoil and it is owned by VagitAlekperov. This company is said to have estimated net worth of about 13.2 billion dollars. VagitAlekperov is 63 years oil and he is currently the seventh richest person in oil and gas business.


The world’s ninth richest oil and gas owner is the world is German Khan. He has about 11 billion dollars’ net worth. His company is known as Alfa group. This particular company is currently Russia’s biggest financial and industrial investment group.

See Also: Oil and Gas Companies in Nigeria Their Website And Contact Details


Perenco was inherited by Carrie Perrodo and family. This oil and gas company is currently operating in about 15 countries worldwide. The company is known to have a net worth of about 11 billion dollars. The owner of this company who is Hubert Perrodo was said to have died in 2006.

It should be noted that this family company produces about 375,000 barrels of oil per day.

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