Skip to main content

ALIKO DANGOTE DROPS DOWN AS FORBES RELEASES LIST OF AFRICA'S BILLIONAIRES

Aliko Dangote 

Nigeria's Aliko Dangote maintains Africa's richest person following the list of Continent's billionaires released by Forbes. With his estimated net worth of $10.3 billion, Dangote have maintained Africa's richest person 8 years in a row but shrunk down with nearly $2 billion in less than one year "due to a roughly 20 % drop in the stock price of Dangote cement " which is his most valuable asset.

Mike Adenuga emerged Africa's second richest with estimated $9.2 billion. Adenuga owns Globacom which is Nigeria's third largest mobile phone network, and oil exploration firm conoil producing, extensive real estate holdings in Nigeria and a network of 12,000 cellphone towers.

Mike Adenuga 

According to Forbes, Adenuga's net worth "dramatically climbed from $5.3 billion in January 2018 as a result of more detailed information provided by him about his assets".

Meanwhile, Nicky Oppenheimer of South Africa becomes Africa's 3rd richest with estimated worth of $7.3 billion having dropped down from $7.7 billion a year ago.

Nicky Oppenheimer 

From all indications, four people fell Forbes annual list of the continent's richest since last year including Nigeria's Folorunsho Alakija.

Folorunsho Alakija 

Alakija, Africa's 19th richest person owns a stake in one of the most productive oil field in Nigeria which is currently operated by Chevron. Her net worth dropped due to a decline in the value of the oil field, in part because it's production has leveled off.

The 20 Africa's billionaires net worth summed up to $68.7 billion down from $75.4 billion of last year's list.



Comments

Post a Comment

Popular posts from this blog

PHOTO NEWS: The Tomb Is Empty ~ Eberechy's blog

Happy Easter Sunday to all the Christians as they celebrate the resurrection of Jesus Christ across the globe.
Post a Comment
Read more

NEWS~ Nigerians Must Change President Buhari With A Man Who Has Capacity. Saraki

Senate President Bukola Saraki has on Friday 7, September declared that Nigerians must change President Muhammadu Buhari with a man who has capacity and integrity. Saraki who made this statement in Owerri during a meeting  with Peoples Democratic Party (PDP)  insisted that Nigerians need a president who has vision. "We must change Buhari with a man that has capacity,  integrity and vision in order to realise our potential. I believe in restructuring that would give states opportunities to realise their potential." "I promoted made in Aba product. As a president, I will support local businesses.  We need to have a president that will ensure prosperity, nobody wants a handout." "I will continue to fight for the masses. We have to change the leadership that would ensure justice and fair distribution of national appointments." "As a president, i will ensure everybody has food on the table. I will restore global reputation, countries are built...
Post a Comment
Read more

Imo: Ihedioha Visits Oguta Lake Motel and Golf Resort

Gov. Ihedioha (L) at the Oguta Lake Motel and Golf Resorts  The governor of Imo State, Emeka Ihedioha has visited Oguta Lake Motel and Golf Resort on inspection as part of the effort to rebuild Imo State. Ihedioha, who made the visit on October 9, 2019. Was accompanied by his deputy, Hon. Engr. Gerald Irona, former governor of Imo State, Chief Ikedi Ohakim, chief of staff to the governor, Chief Barr Chris Okawulonu, as well members of the state house of assembly. Oguta Lake Motel and Golf Resort serves as a major relaxation and recreational centre for the ancient and hysterical Oguta Lake. Oguta Lake is said to be the second largest natural lake in the country after lake Chad. The Oguta Lake rout is known to make its surrounding oil rich town, Osemoto, Awo- Omamma important commercial centres for trade, mostly for palm oil. The inspection marks the second time the governor visited Oguta Lake since the beginning of his administration with citizens citing a good mo...
Post a Comment
Read more