Good morning dear Nairalanders!
I asked a very important question sometime ago which is now nowhere to be found here for certain reasons.

I know of certain employees of the many multinational companies (like Shell, Total etc) take home up to #17 million annually or even more. What I ask is this: Can an employee in Nigeria become a legitimate billionaire?


www.wisenigerian.com

No way

Impossible....sometimes when i watch nollywood movies seeing private/public worker owing a big mansion(280m worth), range rover and more 'and him papa no be dangote', i wil jst be like this ppl self...

Yes, if you are employed as the CEO of a company that makes at least $10 trillion as profits annually.
20-30 years in that position and you are a $billionaire, $45-$50 million as your salary per year..

jmoore:
Yes, if you are employed as the CEO of a company that makes at least $10 trillion as profits annually.
20-30 years in that position and you are a $billionaire, $45-$50 million as your salary per year..

Bill Gates the world's richest man has a networth of $78 billion dollars and it has taken him a life-time to amass it. He hasn't even reached $100b let alon a trillion. If he doesnt't earn that much, why do you think an employee would earn that.

NB: No company on earth makes even half of $1 trillion dollars a year.

suregurl:
Impossible....sometimes when i watch nollywood movies seeing private/public worker owing a big mansion(280m worth), range rover and more 'and him papa no be dangote', i wil jst be like this ppl self...

i love your opinion. Seems nollywood is far from reality.

Exoticstan:
Bill Gates the world's richest man has a networth of $78 billion dollars and it has taken him a life-time to amass it. He hasn't even reached $100b let alon a trillion. If he doesnt't earn that much, why do you think an employee would earn that.

NB: No company on earth makes even half of $1 trillion dollars a year.

My previous comment explained the impossibility.

An employee can be a millionaire e.g consultants, oil workers, board members, bank CEOs, etc...

But a billionaire.... Hmmm, reaaal story for the gods

jmoore:
Yes, if you are employed as the CEO of a company that makes at least $10 trillion as profits annually.
20-30 years in that position and you are a $billionaire, $45-$50 million as your salary per year..

Bros is there any person that will employ another man to be d CEO of his company.... Do u know wat CEO means sir..as an employee u don't own the company... U work under d CEO

theiks:

Bros is there any person that will employ another man to be d CEO of his company.... Do u know wat CEO means sir..as an employee u don't own the company... U work under d CEO

Many CEOs do not own the company they work at.

CEO is the Chief Executive Officer. That is a position, and not an indication of ownership.

theiks:

Bros is there any person that will employ another man to be d CEO of his company.... Do u know wat CEO means sir..as an employee u don't own the company... U work under d CEO

A chief executive officer (CEO) is generally the most senior corporate officer (executive) or administrator in charge of managing a for-profit or non-profit organization


Josh Bayliss CEO Virgin Group, employed by Sir Richard Branson the founder.

Meg Whitman, CEO of Hewlett-Packard. She worked for Ebay as CEO.

Not all CEOs are owners.

jmoore:


A chief executive officer (CEO) is generally the most senior corporate officer (executive) or administrator in charge of managing a for-profit or non-profit organization


Josh Bayliss CEO Virgin Group, employed by Sir Richard Branson the founder.

Meg Whitman, CEO of Hewlett-Packard. She worked for Ebay as CEO.

Not all CEOs are owners.

The employees you cited never became billionaires as employees. They had to invest on profitable ventures far different from their casual jobs. I may be wrong, by the way.

Exoticstan:

The employees you cited never became billionaires as employees. They had to invest on profitable ventures far different from their casual jobs. Correct me with points if you think I'm wrong.

Which employees? Try and read the quote in my previous comment before you rush into conclusion.