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

Kogi Government Remodels LGEA Demonstration Nursery/Primary School in Okene

By Noah Ocheni, LokojaThe Kogi State Government has...

Bayelsa Correctional Centre Registers Team for 2026 Prosperity Cup

The Bayelsa State Correctional Centre has registered a football...

KEDCO MD Receives 3 Brigade Commander to Strengthen Security for Power Infrastructure

By Jabiru HassanThe Managing Director and Chief Executive...

Civil Society Coalition Raises Alarm Over Nigeria’s Maritime Boundaries, Oil Wells Allocation

A coalition of Civil Society Organizations (CSOs), maritime experts...

Uchenna Awom Announces Passing of Mother-in-Law, Funeral Set for March 27

Media professional and adviser to Senator Enyinnaya Abaribe, Uchenna...

Bandits Threaten to Kill 32 Abducted Kaduna Villagers Over ₦30m Ransom

Residents of Kutaho and Kugir communities in Aribi Ward,...

Alleged ₦8.7bn Fraud: EFCC Witnesses Reveal Bank Transactions Linking Malami’s Family

The trial of former Attorney-General of the Federation, Abubakar...

Police Arrest Suspected Illegal Arms Fabricator in Akwa Ibom

Police in Akwa Ibom State have arrested two men...

Uchenna Awom Announces Passing of Mother-in-Law, Funeral Set for March 27

Media professional and adviser to Senator Enyinnaya Abaribe, Uchenna...

Dispute Emerges Over Reported Suspension of Senator Abaribe by Abia APGA

Questions have emerged within the All Progressives Grand Alliance...

PAAU VC Rejects Allegations of Ethnic Bias in Administrative Appointments

The management of Prince Abubakar Audu University (PAAU), Anyigba,...

Related Articles

Popular Categories

spot_imgspot_img