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

Farmer Killed in Kogi Community as Authorities Launch Investigation

A farmer has been killed in Oko-Dudu area of...

Nasarawa Marks International Women’s Day, Calls for Greater Investment in Women

The Nasarawa State Government has called for sustained investment...

NOA DG Felicitates Muslims on Eid-el-Fitr, Calls for Sacrifice, Unity,Tolerance

By Joyce Remi- BabayejuThe Director General of the National...

Kogi NUJ Correspondents’ Chapel to Hold 2026 Press Week in Lokoja

The Correspondents’ Chapel of the Nigeria Union of Journalists...

PDP Crisis Deepens as Makinde Meets Kwankwaso Ahead of 2027 Elections

Ahead of the 2027 general elections, Seyi Makinde and...

Fulham Star Alex Iwobi Robbed at Knifepoint

Super Eagles midfielder Alex Iwobi has reportedly been left...

Wike Warns Makinde, Don’t Ignite a Fight You Cannot Finish

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

SGF Inaugurates PenCom Board, Emphasises Transparency and Accountability

By Wilfred FrancisThe Secretary to the Government of...

EFCC Arraigns Man Over Alleged ₦9.87m Theft in Lagos Court

By Francis WilfredThe Economic and Financial Crimes Commission...

EFCC Investigates Man Over Alleged ₦19.9m Visa Fraud in Enugu

By Wilfred FrancisThe Economic and Financial Crimes Commission...

APC Leaders Urge Unity, Grassroots Mobilisation at South-South Summit in Asaba

Governors Hope Uzodimma of Imo State and Sheriff Oborevwori...

ADC Stakeholders Back Mohammed Abdullahi for Nasarawa Governorship, Urge Unity Ahead of 2027

Stakeholders of the African Democratic Congress (ADC) in Nasarawa...

Related Articles

Popular Categories

spot_imgspot_img