Stella Dimoko Korkus.com: Report Says Lagos Has 4 Billionaires,360 Multimillionaires And 6,800 Millionaires

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Thursday, July 27, 2017

Report Says Lagos Has 4 Billionaires,360 Multimillionaires And 6,800 Millionaires

Lagos, the former capital of Nigeria has been ranked the fourth wealthiest city in Africa.



With no other Nigerian cities listed in the ten-city fortune club, the nation’s commercial nerve-centre automatically clinches the wealthiest spot among Nigerian major cities.

In a report by AfrAsia Bank and New World Wealth, Lagos, considered to be home to

US$120 billion Africa’s wealth, is only topped by two South-African cities; Johannesburg and Cape Town as well as Egyptian city of Cairo.

The Nigerian state is unofficially believed to be most populous too in the country.

Four billionaires in dollars are mentioned to be resident in Lagos, with 360 multi-millionaires and 6,800 millionaires.

Two Forbes-recognized wealthiest Nigerians, Femi Otedola of Zenon Oil and Mike Adenuga of Globacom reside in Lagos.

Africa’s richest man, Aliko Dangote also has investment in the city.

The report says by “Total wealth”, it refers to the “private wealth held by all the individuals living in each city. It includes all their assets (property, cash, equities and business interests) less any liabilities. We exclude government funds from our figures.”

Cities ranked below Lagos include, Nairobi in Kenya, Luanda, Durban, Pretoria, Casablanca and Accra.

While Nigeria, Ghana, Morocco, Egypt, Angola and Kenya have a city each to their fortune consideration, South-Africa has five of its cities listed, making it the richest country in Africa.


Tribune Online
By -

45 comments:

  1. Anonymous27 July 2017 at 16:33

    90% of them are sinners or Muslims. Christians, leave Atheist and some of us that believe in God and not the rest alone

    ReplyDelete
    Replies
    1. Anonymous27 July 2017 at 17:27

      Christians does commit sins...Halleluyah somebody 🙌🏻You're a joker.

      Delete
    2. Chinedu27 July 2017 at 18:43

      This is the brainwash while they keep enjoying life and making their money.
      And the religion they brought to you make you believe making money and enjoying it in this life is a sin as you may not enjoy such in a life you know nothing about... Smh

      Delete
    3. Unknown27 July 2017 at 19:07

      Lie

      Delete
  2. Anonymous27 July 2017 at 16:33

    Good for them, however the price of garri is...

    ReplyDelete
    Replies
    1. General Zod27 July 2017 at 18:07

      There are more billionaires and multimillionaires than this in Lagos.

      Delete
  3. Anonymous27 July 2017 at 16:34

    This report is inaccurate. My boss is a silent billionaire. That I know for a fact! Won't give much info

    ReplyDelete
    Replies
    1. Anonymous27 July 2017 at 16:58

      You are right

      I know some Billionaire in that Lagos.. Dem no dey SHOUT, I tell you.





      @Anonymous Orubebe

      Delete
    2. Anonymous27 July 2017 at 17:32

      In fact my landlord is on that list of billionaires that I can swear on

      Delete
    3. Chikito The Blog Sager with some fire 😜27 July 2017 at 17:41

      Sooo innacurate! The money bags would rather be silent so this research won't even brush them.

      Delete
    4. AGELESS T27 July 2017 at 17:50

      Read very well, you will see that the billionaires they are talking about is in dollars. Read again.

      Now re-evaluate those people , then come and tell us if they make that list.

      Delete
    5. Unknown27 July 2017 at 19:02

      AgelessT is right. They are talking sbout billionaire in dollars. Speaking of billionaire, didn't they say otedola lost money and now a millionaire in dollars not billionaire in dollars again? 😯

      Delete
    6. Shyla27 July 2017 at 19:04

      My dear @ Ageless, there are plenty silent infact hush billionaires in dollars than what they wrote there, trust me. Did anyone ever hear of the billionaires that paid 1million dollars alone as ransom and the man is still standing. No be when Evans waa caught that we started hearing some of their investments. My dear, we only hear of Mike Adenuga and Otedola as related to oil. Plenty others prefer to remain anonymous oh. I don use my eyes see some sef.

      Delete
    7. naija dj27 July 2017 at 22:02

      Absolute rubbish @Shyla!

      Just because someone paid $1m ransome doesn't make them a billionaire IN DOLLARS. Most people will give up all their worldly wealth to save their lives because if you die what use is the money? Someone worth $5m can pay $1m for ransome

      Delete
    8. AGELESS T27 July 2017 at 22:43

      @Fabmum, most of these money bags are gradually recovering from the recession just as the country itself. Otedola is majorly into oil and gas. And you will agree with me that oil sector is gradually recovering. So it is safe to say he's back on the dollar billionaires list.

      @naija dj, loud your second paragraph.

      Delete
  4. Doppelgänger27 July 2017 at 16:35

    Thousandnaires are human beings too o but let me quickly wear my billionaire badge.

    ReplyDelete
    Replies
    1. Unknown27 July 2017 at 23:46

      Lol,when I see reports like this or hear some Lagosians making noise cuz they have small change,I just shake my head and laugh.Come to Abuja and see some fo these men and their kids.Abuja brought ups o,no be people like us wey na work carry us come.These people are chopping money.These Abuja people,just hapu okwu o.

      Delete
  5. Disco Dancer...27 July 2017 at 16:37

    Wooow,I wanna be a millionaire so freaking bad...

    ReplyDelete
    Replies
    1. Anonymous28 July 2017 at 10:17

      Lol....
      Inaccurate
      Bcos many of the billionaires and millionaires have to hide funds in their kids names and pseudonyms to avoid scrutiny....
      Dirty money.

      Delete
  6. MonkeynofineTAFIAmama �� �� 27 July 2017 at 16:37

    Hissssss

    ReplyDelete
  7. Martins (GlossyMart Tech Gadgets 07037317400 or 08116202737)27 July 2017 at 16:38

    We will surely get there..

    @MARTINS ABOY

    ReplyDelete
  8. Bluntly blunt27 July 2017 at 16:43

    Naso

    ReplyDelete
  9. The General's Wife27 July 2017 at 16:45

    In my craziest moment I imagine the door bell ringing and men in suits asking for me saying I was switched at birth. They won't reveal much about the identity of my new-found folks But they happen to be billionairesin Lagos🤣🤣

    ReplyDelete
    Replies
    1. MonkeynofineTAFIAmama �� �� 27 July 2017 at 16:55

      Keet the dream alive 😂😂😂😂

      Delete
    2. Mrs. A.E, God's Own🌸🌺🌻27 July 2017 at 17:39

      I've hard some of those craziest imagination in the past too!
      One never know, lol.

      Delete
    3. Chinedu27 July 2017 at 18:44

      The General's Wife, you are not alone in your imagination

      Delete
    4. Pipi Lee27 July 2017 at 19:18

      😂😂😂😂😂
      omg! we also dream same dreams?
      I don't even have to sleep to dream about this, I just start envisioning even in broad day light. kai!! ihe uwa!

      Delete
  10. Chidinma Grace27 July 2017 at 16:50

    I am hoping. And it will happen soon

    ReplyDelete
  11. Anonymous27 July 2017 at 16:56

    No wonder Ashewo plenty for @LAGOS

    Then we don't have to disturb our selves... We shall always read of @Side chickens 🐔. ..with all this money, one woman no fit come dey enjoy am alone.. ☺ ☺




    @Anonymous Orubebe

    ReplyDelete
  12. Yori Yori Princess27 July 2017 at 17:10

    I am among as God said

    ReplyDelete
  13. Anonymous27 July 2017 at 17:12

    One of lagos billionaires Linda Ifeoma

    ReplyDelete
  14. Glitz27 July 2017 at 17:22

    I am one of the multimillionaires in Lagos *comeandhavefun

    ReplyDelete
  15. Anonymous27 July 2017 at 17:39

    Do they pay accurate tax?

    ReplyDelete
  16. Unknown27 July 2017 at 17:46

    I'm one of d billionaire in Jesus name amen.

    ReplyDelete
  17. TheLagosShopper(Everything sold in lagos markets/popular UK brands!27 July 2017 at 19:11

    Hahaha @The generals wife....
    I just want the phone call that will push me into either of the groups,I can feel it tracing my line(lol)

    ReplyDelete
  18. Ed27 July 2017 at 19:16

    Yes o...my Ela is one of them😘😘😘😘

    ReplyDelete
    Replies
    1. Anonymous27 July 2017 at 19:46

      Which Ela? The one that cracks dry joke here and doesn't even have up to a 100 thousand in his bank account.
      Stay there ans be shouting my ela, dont go and sort your life.
      Dry girl

      Delete
  19. HummingBird27 July 2017 at 19:18

    Who them EPP...

    ReplyDelete
  20. Dainty T27 July 2017 at 19:23

    Heck no! This is a big fat lie.
    Only 4 billionaires?? Yimu

    ReplyDelete
  21. House of bellabee(IG: @houseofbellabee , WhatsApp 08034205703)27 July 2017 at 19:30

    I am not in agreement with this statistics,I know one personally who is a billionaire in dollars.😂

    ReplyDelete
  22. Lady C27 July 2017 at 20:10

    Where are they,they should come and bless me with their millions.

    ReplyDelete
  23. Unknown28 July 2017 at 00:03

    This country is a joke....fourth city?? Look at the cities below it and what they have done for themselves.....lagos with all the money still dey swim inside water.....rubbish

    ReplyDelete
  24. Fayose Olusegun28 July 2017 at 08:58

    So Davido's dad isn't a billionaire sef...why al d noise, OBO...Rubbish!

    ReplyDelete

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