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

PASAN Bayelsa Hosts Zonal Week, Hails Speaker Ingobere

The Parliamentary Staff Association of Nigeria (PASAN), Bayelsa State...

Nasarawa 2027: Nalaraba Withdraws from Governorship Race, Backs Wadada, Declares for Senate

From Abel Zwanke, LafiaThe member representing Awe/Doma/Keana Federal Constituency,...

Plateau North Group Backs Prof Atu for Senate

Says zone needs unity, quality representationBy Israel Adamu, JosA...

Wike Woos EU on Investment, Cultural Exchange with FCTA

By Joyce Remi-BabayejuThe Minister of the Federal Capital Territory...

CHAN CEO, Ex-US Military Officer Give Reasons Nigeria’s Insecurity Persists

...Say Country Can Win the WarBy Achadu Gabriel, KadunaThe...

2027: Oborevwori Reshuffles Cabinet as Two Commissioners Resign

By Anne AzukaDelta State Governor, Rt. Hon. Sheriff Oborevwori,...

REWARDING POOR PERFORMANCE WITH ANOTHER TERM HINDERS PROGRESS – ORETTE

· INSISTS UNINFORMED PEOPLE CAPTURED POWER FOR PLUNDER IN...

Warrens, Aminu Assume Duty as Permanent Secretaries in OSGF

By Francis WilfredThe Office of the Secretary to the...

Official Appellation of President Bola Ahmed Tinubu

The Office of the Secretary to the Government of...

Democracy Must Thrive in Nasarawa — Giza Declares for Governor on ZLP Platform

From Abel Zwanke, LafiaA frontline governorship aspirant in Nasarawa...

Kaduna Contractors Write Police, Dissociate Selves from Alleged N30bn Unpaid Debt Protest

By Achadu Gabriel, KadunaThe Contractors Association of Kaduna State,...

BYERA To Engage Stakeholders On Electricity Market Regulations

The Bayelsa State Electricity Regulatory Agency (BYERA) has scheduled...

Related Articles

Popular Categories

spot_imgspot_img