Abdulsamad Rabiu Biography: Wife, Children, Siblings, Age, Net Worth, Height, Parents
November 4, 2024 0 Posted By Gift NworieAbdul Samad Isyaku Rabiu CFR CON GCON is a prominent Nigerian businessman and philanthropist.
He is the founder and chairman of the BUA Group, a large conglomerate with diverse interests in manufacturing, infrastructure, and agriculture.
The BUA Group is one of the largest privately-owned companies in Nigeria, with a significant presence and impact on the country’s economy.
As of 2024, Abdul Samad Isyaku Rabiu is reported to be the second richest man in Nigeria, underscoring the success and remarkable growth of the BUA Group under his leadership.
Profile
- Full Name: Abdulsamad Rabiu
- Stage Name: Abdulsamad Rabiu
- Born: August 4, 1960
- Age: 64 years old
- Birthplace: Kano, Nigeria
- Nationality: Nigerian
- Occupation: Nigerian businessman and philanthropist
- Height: Unknown
- Parent: Khalifah Isyaku Rabiu
- Siblings: Nafiu Rabiu and Rabiu Rabiu
- Spouse: Mrs. Rabiu
- Children: Khadija Cookie Rabiu, Isyaku Khalifa Rabiu, Junaid Rabiu, and Rania Rabiu.
- Relationship: Married
- Net Worth: $4.8 billion
Early Life And Education
Abdulsamad Rabiu is a prominent Nigerian businessman and philanthropist. He was born on August 4, 1960, in Kano, Northern Region, British Nigeria (now Kano State, Nigeria).
Rabiu was born to a distinguished family of industrialists. His late father, Khalifah Isyaku Rabiu, was one of Nigeria’s foremost industrialists in the 1970s and 1980s. Abdulsamad Rabiu has 42 siblings, including Nafiu Rabiu and Rabiu Rabiu, the chairman of IRS Airlines.
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Abdulsamad Rabiu had his early education at Federal Government College, Kano, before proceeding to the United States to study Economics at Capital University in Columbus, Ohio.
Rabiu is of Hausa ethnicity and was born and raised in Kano, a major city in northern Nigeria predominantly inhabited by the Hausa people. He practices Islam as his religion.
Career
Abdulsamad Rabiu is a prominent Nigerian businessman and philanthropist with an impressive career spanning over three decades. He founded BUA International Limited in 1988 as a commodity trading company.
Over the years, BUA Group has expanded into diverse sectors, including manufacturing, infrastructure, and agriculture, growing into a major conglomerate. In 1990, BUA secured a lucrative contract with the government-owned Delta Steel Company, supplying raw materials in exchange for finished products.
This provided a significant boost to the young company. BUA subsequently expanded into steel production, constructing multiple rolling mills in Nigeria. BUA later acquired Nigerian Oil Mills Limited, the country’s largest edible oil processing company.
In 2005, the company started two flour-milling plants in Lagos and Kano. In 2008, BUA broke an eight-year monopoly in the Nigerian sugar industry by commissioning sub-Saharan Africa’s second-largest sugar refinery.
In 2009, BUA acquired a controlling stake in a publicly listed Cement Company in northern Nigeria and began constructing a $900 million cement plant in Edo State, which was completed in early 2020.
Alongside his business ventures, Abdulsamad Rabiu is known for his philanthropic activities through the BUA Foundation. These include the construction of a 7,000-square-metre pediatric ward at the Aminu Kano Teaching Hospital and the Centre for Islamic Studies at Bayero University Kano, among several other projects.
Abdulsamad Rabiu‘s remarkable journey showcases his entrepreneurial acumen, commitment to contributing to Nigeria’s development across various sectors, and dedication to social welfare and community upliftment through his philanthropic initiatives.
Social Media
Abdulsamad Rabiu does not have any active social media accounts.
Personal Life
Abdulsamad Rabiu is a prominent Nigerian businessman and philanthropist. Though his wife’s name is not publicly known, he is married and can be called Mrs. Rabiu.
Abdulsamad Rabiu and his wife have four children: Khadija Cookie Rabiu, Isyaku Khalifa Rabiu, Junaid Rabiu, and Rania Rabiu.
Net Worth
Abdulsamad Rabiu is a prominent Nigerian businessman and the chairman of the BUA Group, a diversified conglomerate operating in manufacturing, infrastructure, and agriculture.
As of August 16, 2024, Rabiu’s net Worth is estimated to be $4.8 billion, cementing his status as one of the wealthiest individuals in Nigeria. Under Rabiu‘s leadership, the BUA Group has grown to become a major player in various sectors of the Nigerian economy.
The conglomerate’s diverse portfolio includes interests in cement production, sugar refining, real estate, and logistics, among other business ventures.
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