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

High Court Sacks Sado, Reinstates Akemokue as Okuokpellagbe of Okpella

An Edo State High Court, Agenebode Division sitting in...

27 Feared Dead as Gunmen Attack Angwa Rukuba Community in Jos North

By Israel Adamu, JosAt least 27 persons are feared...

Top Remote Jobs Offering High Salaries as Global Demand for Digital Talent Grows

Remote work continues to expand globally, with high-paying roles...

Nasarawa Accountant General Resigns, Declares 2027 Governorship Bid

By Abel Zwanke, LafiaThe Accountant General of Nasarawa State,...

Heart Beat Of A Nation: Celebrating Leadership Excellence.

Bello Mohammed Goronyo.His Excellency Mr. President.,I am very much...

A’ibom: Ibeno Clan lampoons EPU Over “Political Tyranny”, Others

By Ogenyi Ogenyi,UyoThe Ibeno Clan Council, in Akwa Ibom,...

Wike’s Aide Explains Comment on Channels TV’s Okinbaloye

By Joyce Remi BabayejuThe Senior Special Assistant on Public...

Easter: Orelope-Adefulire Urges Renewed Commitment to Sustainable Development

The Senior Special Assistant to the President on Sustainable...

PDP Chieftain, Onireti Resigns From Party, Cites Personal Reflection

A former House of Representatives candidate, Olufemi Onireti, has...

Kogi Governor Ododo Appoints Prof. M.S. Audu as Pro-Chancellor of PAAU Anyigba

The Governor of Kogi State, Ahmed Usman Ododo, has...

TCN Disputes PHEDC Capacity Claims, Cites Verified 8,700MW Transmission Capability

The Transmission Company of Nigeria (TCN) has challenged capacity...

CSOs Condemn Wike’s Remarks on Journalist, Raise Concerns Over Press Freedom

A coalition of 14 civil society organisations (CSOs) has...

Related Articles

Popular Categories

spot_imgspot_img