According to 2015 Forbes list, Bill Gates remains the richest man in the world with a net worth of $79.2 billion and according to Forbes estimates, the following five Nigerians made the 2015 list of the world billionaires.
Aliko Dangote, with a net worth of $14.7 billion is Africa's richest man and 67th in the world. He made his fortune in cement, sugar and flour.
In April 2014, months before oil prices plunged, he announced $9 billion in financing from a consortium of local and international lenders to construct a private oil refinery and fertilizer and petrochemical complex in the country. In August 2014 he said he would invest $1 billion in commercial rice farming and modern rice mills. His publicly traded Dangote Cement is also grabbing new markets in Africa, with $750 million in new plants planned for Kenya and Niger.
His net worth tumbled from $25 billion in February 2014 as a result of a weaker Nigerian currency and a drop in demand for cement. He made his first fortune more than thirty years ago when he started trading commodities with a loan from his powerful uncle.
Mike Adenuga, with a net worth of $4.2 billion is Nigeria's second richest man and 393rd in the world through investments in mobile telecom and oil production. In 2003, he founded Globacom, which has more than 27 million subscribers in Nigeria, making it the second largest mobile phone network in the country after South African giant MTN. It also serves customers in Ghana and Republic of Bhenin. Adenuga is the founder of oil exploration firm Conoil Producing, which operates 6 oil blocks in the Niger Delta; about half of which produce oil. Adenuga made his first fortune trading lace and Coca-Cola after returning from his studies in the United States. He made key friendships with top Nigerian military personnel and earned lucrative state contracts along the way.
Folorunsho Alakija's first company was an upscale fashion label that catered to Nigeria's elite including the wife of the former military president, Ibrahim Babangida. This connection paid off: the president later gave Alakija's company a prospecting license for one of the most lucrative oil fields in Nigeria. The drop in oil prices dented the fortune of Alakija, one of just two women billionaires in Africa. Her current net worth is $2 billion and she's the 949th richest person in the world.
Femi Otedola with a current net worth of $1 billion returns to Forbes' list of billionaires, as number 1741, for the first time since 2009 following a sharp rise in the share price of petroleum marketing company Forte Oil, despite the drop in oil prices in 2014. Otedola is the controlling shareholder of Forte Oil, with a 78% stake. The company owns gas stations and fuel storage depots and manufactures its own line of engine oils. Forte said its shares rose in 2014 due to new investments in power generation and distribution.
Abdulsamad Rabiu, a recent Nigerian billionaire who has a net worth of $1 billion runs BUA Group, a conglomerate active in flour milling, pasta manufacturing, ports and terminals management and sugar refining. The group stopped operations at its BUA Cement unit --a floating terminal that distributes cement - in 2013 because of what it calls "unfavorable government policy on imported bulk cement." In other words, high import duties. The group still operates two cement plants in Nigeria and reportedly spent $500 million for a new cement plant in Nigeria's Edo State that is expected to open in early 2015. Rabiu, the son of a businessman, set up his own business in 1988, importing rice, sugar and edible oils as well as iron and steel rods. He's also the 1741st richest man in the world, sharing a tie with Femi Otedola.
Why is your name missing from this list?LOL
OK. We don hear. Na every month one award for something of the year this and that dey happen. We don't even know which to find credible again.
ReplyDeleteI know think say u take time write this thing well @SDK
DeleteMy name na I'm dey before @Alakija own
Or u still dey compile batch A stream 2 lists?
@Galore
Very good
DeleteThat Abdul man fine sha o. Ok bye
ReplyDeleteOver fine dey worry am sef.
DeleteDangote is my father's uncle's son's friend, we are sooo related. *side eyes* *shines teeth and walks away*
ReplyDeleteLwkmd.....Even with your Igbo name.
DeleteNa there u go fear relation matter!
DeleteWhat a country?
ReplyDeleteWhere one's personal wealth can drop by $10bn overnight as a result of a weakening currency/oil-dependent economy/unintelligent government policies.
I guess you didn't see the part that stated that demand for his cement also reduced. Biased bunch! Anything that goes wrong is Jonathan's fault. RME
DeleteAnon 10:27 u see where u av a problem, did she in any way call GEJ. meanwhile u all know there is something wrong wt this administration.
Deletenice I haven't seen them flaunting anything o the ones DAT have change won't let us rest
ReplyDelete#GODWIN
Hahaha just negodu ego
DeleteNa eziokwu m nile achorom I so na list a biko
Choi!!!!...
ReplyDeleteNo single igbo person...
Oriegwu!!...
Ezigbo Oriegwu!
DeleteNo igbo person cos ena stingy die
DeleteHow come we don't see Emeka Offor's name on these lists?
DeleteUna sure say thiß list authentic? No lgbo name dey there upon all the noise. Hhhhhhhmmmmmmm.
Deletehmmmmmmmmmmm
ReplyDeletetime 4 *sober reflection*
good for them. smart people doing well for themselves.
ReplyDeleteMoney is good. I am praying to God to give me financial breakthrough. I need it urgently. This one will be by fire by force. The violent take it by force. I must make money in this country.
ReplyDeleteCongratulations Dangote and Others. you all deserved the goodness.
Kai belenge ahiki dambruba. (My dad always esclamates with this and I don't even know the meaning) lmao!
ReplyDeleteI see my name in this list some day!
Good morning bvs, its gonna be a beautiful day.
Shiki*
DeleteOn*
Chill Stella nah...u go still see my name for the list soonest.
ReplyDeleteMy name don enter forbe list na
ReplyDelete#Godwin
Mine will be there soon stella by God's grace. Just watch out.
ReplyDeleteBLOG ANALYSER: wow! God has really blessed this men and one day I will be there! Right on the list
ReplyDeletea.k.a EDWIN CHINEDU AZUBUKO said...
ReplyDelete.
Some people don rest for this world finish shah.....
.
.
***CURRENTLY IN JUPITER***
chizoba i cant see ur hubbys name here
ReplyDeleteEnough biko!!..
DeleteIt's getting boring...
Lool! Y chizooba!
DeleteHahahahaha, u nor well oo
DeleteWt abt Jayem name? The rich dnt brag, n empty vessels dey say.......complete it
Lolzzzzzz!!!!... U guys shd let chizoba b!!...ABA....
DeleteLike seriously????? You guys have to chill mehn, what's with all this attacks???
Deletequeen mother it was just an observation. no harm intended
Deletebesides shes been off media since
makes me wonder of she depressed
God bless me bountifully with Riches to join the forbe's list of Richest men in the world Amen.
ReplyDeleteLmao @y is ur name missing on this list..
ReplyDeleteHmmm! God abeg remember me n my loved ones! Let's Mk so much money that the world will shake
ReplyDeleteeven if an ibo man's name is not in the list; my ibo brothers are don konyo
ReplyDeleteGod bless their hustle,bigger boys!!
ReplyDeleteOk seen next pls!
ReplyDeleteWhat can I say??? Congratulations to them all, hopefully we will hear our names soon!!
ReplyDeleteDangote, ,stop smilling sheepishly, n pay ur workers,they ain't smilling. U and ur Indians are slave worker
ReplyDeleteLol,na so o
DeleteWas expecting Ibeto, OUK, the Ubahs, etc oriegwu.
ReplyDeleteThose making raw cash no dey talk shah. Will get there one day.
God dey.
Igbo's doing trading business since 1800DC, 2015 no igbo person's name on forbe list. So what happened to our so called rich men and Anambra billionaires "in naira" traders. "Orji Uzo,Emeka offor's & Andy Uba's". Does it mean we only thrive on political "thievering" "Ole" in *GEJ voice* and fraud reasons our names are not worth mentioning. Well it shows after all Igbos ain't rich.
ReplyDeleteSAD...
dongote's moni to me na all paper wrk unlike Adenuga dt makes his moni evry sec. Anywayzzz me sef go soon join una.
ReplyDeleteAdenuga my husband is for sure undisputedly the richest man in Nigeria. Love my boo.
ReplyDeleteAt least my name dey bottle of coke.
ReplyDeleteDangote yes. Adenuga can shove it, this is all they care about, accolades abroad while they treat Nigerians they employ like two day old shit baking under hot kano sun.
ReplyDeletemy name will be there one day...yes it is very possible
ReplyDelete