What is A.A Rano net worth? According to us A.A Rano net worth is estimated at around $300 Million (N150 Billion Naira) also he is listed among the top 20 richest people in the northern part of the country
A.A Rano is a Nigerian Entrepreneur and also a Businessman; he is among the successful billionaires in Nigerian, he is among the few people that get to succeed in the oil industry business.
There is no doubt that A.A Rano is a big businessman and he has made a huge achievement in the years of his business career, he is the founder of the oil company “A.A Rano Limited”
There are a lot of query regarding A.A Rano net worth; many people wants to know how much he has made from the oil company that he makes and this is the main reason why we decided to write this content.
In this piece of content we are going to determine his net worth by calculating all that he makes from what he does.
|Net worth||$300 Million|
|Source of income||Oil and Gas|
A.A Rano Biography and Net Worth
Before we get to his net worth lets first look at his biography and business career first.
Auwalu Abdullahi Rano who is famously known as A.A Rano was born and raised in the city of Kano in the northern part of the country; he was born on the 9 of June 1944.
A.A Rano is among the billionaires that didn’t attend school; there is no record of him attending or graduating from a university on the internet.
According to A.A Rano he started his oil business since when he was a young youth, he started his business as a small scale business and today; he is among the wealthiest businessmen in Nigeria.
Like said earlier the main reason why we write this content is to determine his net worth so let’s not say a lot here on his biography
A.A Rano Income from his oil company
We all know that people that own oil companies in Nigeria are super rich and this is because oil is the leading economy in Nigeria. So to know A.A Rano net worth we must know how much he has been making form his oil company.
Here on this website we determine people’s net worth by making proof of evaluation and that’s what makes us different from other websites. When you search for A.A Rano net worth you will see tons of result declaring his net worth without making any evaluation.
Here we do the opposite; so let’s dive into calculating his net worth.
According to the internet it was reported that A.A Rano has the total number of 120 filling stations across Nigeria. So let’s check how much did he used in starting his business.
According to the sources on the internet it was reported that on average the cost of building a standard filling station in Nigeria will cost you $200,000. So if you do the math; 120 filling stations will be an estimated income of $24 Million which is a lot of money.
Now that we have know how much he has as his running income let’s take a look at how much profits he has been making since from day one of his career. On average filling station has a monthly profit of $10,000; so 120 filling station will be a monthly income of $1.2 Million and $14 Million annually.
According to A.A Rano profile on the internet it was reported that he started his business for the past 20 years old. So if you do the math; 20 years will be total revenue of $300 Million.
Now that we have known all of his income from the means by which he makes money, it’s time we make an ending to this content by telling A.A Rano net worth
A.A Rano Net Worth 2022
A.A Rano net worth is estimated at around $300 Million (N150 Billion Naira) also he is listed among the top 20 richest people in the northern part of the country