x

Billionaires List: Dangote Remains Africa’s Richest, Adenuga And Rabiu In Top 6

Three of Nigeria’s richest persons made it to the top six of Forbes’ 2021 Africa’s Billionaires list.

Forbes released its 2021 billionaires list on Tuesday, it includes 14 African billionaires, with the President/Chief Executive of Dangote Group, Aliko Dangote, retaining the number one spot on the continent.

Other Nigerians who made the top-6 spot include Chairman of Globacom and Conoil Plc, Dr. Mike Adenuga, and the founder of BUA Group, Abdulsamad Rabiu.

Dangote’s net worth rose from $10.1bn in 2020 to $12.1bn in 2021, making him the 191st wealthiest person in the world.

Though Adenuga who is Nigeria’s second-richest person witnessed a deep from $7.7bn to $6.3bn, he remained in the top echelon in Africa placing 5th and was ranked 440th in the world.

Climbing up the billionaires’ ladder is the BUA group boss – Abdulsamad Rabiu who saw his fortune rise from $3.1bn in 2020 to a stunning $5.5bn in 2021.

With the $2.2bn gain, Mr. Rabiu now sits pretty as the 6th richest in Africa and the 574th billionaire in the world.

Other Africans who made the top-6 category include one Egyptian and two Southe Africans.

The Egyptian, Nassef Sawiris comes in second place in Africa and is ranked 297th on the list with a net worth of $8.5bn.

According to Forbes, Sawiris is an investor and a scion of Egypt’s wealthiest family, with his most valuable asset being a nearly six percent stake in sportswear maker.

The two South Africans who come in third and fourth place respectively are Nicky Oppenheimer (worth $8bn, ranked 308th in the world) and Johann Rupert (worth $7.2bn, ranked 358th in the world list).

From left: Elon Musk, China’s Kate Wang, Amazon founder Jeff Bezos and Nigeria’s Aliko Dangote. MAJA HITIJ/GETTY IMAGES, STEFEN CHOW FOR FORBES, MICHAEL PRINCE FOR FORBES (2) . Credit: Forbes

Away from Africa, the founder, and CEO of Amazon, Jeff Bezos retained his spot as the world’s richest with a net worth of $177bn. He is followed by Elon Musk, co-founder and CEO of Tesla with $151bn.

Forbes notes that within the year in focus, there were rapid-fire public offerings, surging cryptocurrencies, and skyrocketing stock prices, adding that the number of billionaires on Forbes’ 35th annual list of the world’s wealthiest exploded to an unprecedented 2,755—660 more than a year ago.

According to the business magazine, altogether the billionaires are worth $13.1 trillion, up from $8 trillion on the 2020 list.

Hot this week

Groups Endorse Tinubu’s Re-election, Back Ishola for Ogun Governorship

No fewer than 11 socio-political groups have declared support...

ActionAid Condemns Alleged Assault on Women at Ozoro Festival, Calls for Investigation

ActionAid Nigeria has condemned reports of alleged harassment and...

Wike Allocates Land to FCT Traditional Rulers, Waives all Land Proccessing Fees

By Joyce Remi BabayejuThe FCT Minister, Barr. Nyesom Wike,...

HAJJ 2026: FCT MPWB Intending Pilgrims Orientation Exercise Begins Weekend

By Joyce Remi- BabayejuThe FCT Muslim Pilgrims Welfare Board...

Concerns as Blessing CEO auctions property for sale amid battle with stage 4 cancer

Nigerian social media personality Blessing CEO has stirred concern...

Wike Allocates Land to FCT Traditional Rulers, Waives all Land Proccessing Fees

By Joyce Remi BabayejuThe FCT Minister, Barr. Nyesom Wike,...

HAJJ 2026: FCT MPWB Intending Pilgrims Orientation Exercise Begins Weekend

By Joyce Remi- BabayejuThe FCT Muslim Pilgrims Welfare Board...

Rising Anti-Foreign Protests Put Nigerians at Risk in South Africa

By Abdul Mahmoud YayaleTensions are once again rising...

PDP Screens Candidates Ahead of Convention, Signals Continuity in National Leadership

The Peoples Democratic Party (PDP) has begun screening aspirants...

Kogi Governor Calls for Objective Journalism to Strengthen Good Governance

Governor Ahmed Usman Ododo has urged journalists in Kogi...

TCN, NISO, KEDCO Strengthen Partnership to Improve Power Supply in Kano

The Transmission Company of Nigeria (TCN), in collaboration with...

Igoche Mark Seeks ABU Partnership to Expand Basketball Scholarships

Renowned basketball promoter Igoche Mark is exploring a partnership...

EFCC Memo Alleges $5m Telecoms Fraud Involving Afreximbank, FCMB and Others

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission...

Related Articles

Popular Categories

spot_imgspot_img