Categories: Nigeria News

Otedola, Elumelu missing as Dangote, Rabiu, Adenuga, others make Forbes billionaires list

The new “Richest People in Africa” list published by Forbes Magazine on Friday, has three Nigerians in the top 10.

Kano-born cement manufacturer, Aliko Dangote, retains his number one spot as the richest person in Africa with a net worth of $12.5b, for the 10th consecutive year.

Mike Adenuga of Globacom ($6.3bn), and Abdulsamad Rabiu of BUA Group ($5.5bn), both Nigerians, made it to the list as the 5th and 6th richest persons in Africa respectively.

However, IDOMA VOICE observed that famous Nigerian money-bags like Femi Otedola, Tony Elumelu were missing from the list.

Nigeria’s only female billionaire and former richest woman in Africa, Folorunsho Alakija, also didn’t make it to the top 10.

According to Forbes, the continent’s 18 billionaires were worth an average $4.1bn, 12 per cent more than a year ago, driven in part by Nigeria’s surging stock market.

Here is Forbes list of top 10 richest persons in Africa:

1. Aliko Dangote – Cement, sugar ($12.1bn)

2. Nassef Sawiris – Construction, investments ($8.5bn)

3. Nicky Oppenheimer – Diamonds ($8bn)

4. Johann Rupert – Luxury goods ($7.2bn)

5. Mike Adenuga – Telecom, oil ($6.3bn)

6. Abdulsamad Rabiu – Cement, sugar ($5.5bn)

7. Issad Rebrab – Food ($4.8bn)

8. Naguib Sawiris – Telecom ($3.2bn)

9. Patrice Motsepe – Mining ($3bn)

10. Koos Bekker – Media, investment ($2.8bn)

Sunny Green Itodo

Recent Posts

Latest update on fuel price hike, fuel scarcity for November 22nd, 2024

As Nigerians express their frustrations over the recent fuel price hikes by the Nigerian National…

2 hours ago

Full List of 80,000 delisted companies published by CAC

The Corporate Affairs Commission (CAC) has officially removed companies that failed to file their annual…

2 hours ago

Amended NDLEA Act: Senate approves life imprisonment for drug traffickers, rejects death penalty

The Senate on Thursday agreed with the House of Representatives' recommendation to replace the death…

2 hours ago

Monday Odigie steps down as Bendel Insurance coach

Monday Odigie, the coach of Bendel Insurance Football Club of Benin, has resigned from his…

3 hours ago

Lewandowski reflects on missed Manchester United transfer

Robert Lewandowski has reflected on the time he nearly joined Manchester United in 2012, only…

3 hours ago

Okoye reflects on Super Eagles return after two years

Maduka Okoye has reflected on his first appearance for the Super Eagles in two years.…

4 hours ago