Billionaires list: Dangote remains Africa’s richest, Adenuga and Rabiu in Top 6 

April 7, 2021
10 Views

Click here!

Billionaires list: Dangote remains Africa’s richest, Adenuga and Rabiu in Top 6 

Posted by News Express | 7 April 2021 | 138 times

Gmail icon


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).

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. (Channels TV)

Source: News Express


Readers Comments

No comments yet. Be the first to post comment.


You may also like…

You may be interested

News
3 views

Gunmen attack police station in Abia

admin - April 20, 2021

Gunmen attack police station in Abia Posted by News Express | 19 April 2021 | 286 times Gunmen have attacked…

There won’t be elections in 2023 if we don’t sort out security — Ex-DSS official 
News
4 views
News
4 views

There won’t be elections in 2023 if we don’t sort out security — Ex-DSS official 

admin - April 20, 2021

There won't be elections in 2023 if we don't sort out security — Ex-DSS official  Posted by News Express |…

Gunmen hijack commercial bus with passengers in Rivers 
News
3 views
News
3 views

Gunmen hijack commercial bus with passengers in Rivers 

admin - April 20, 2021

Gunmen hijack commercial bus with passengers in Rivers  Posted by News Express | 19 April 2021 | 344 times Gunmen…

Leave a Comment