Africa’s richest man Nigerian billionaire Alhaji Aliko Dangote may be top of the rankings in Africa but at the global level, he rounded off as the 100th richest man
This is according to Forbes Magazine in the latest release of its annual list of the world’s richest persons 2018.
With a fortune estimated at $14.1 billion, CEO of the Dangote group who has significant business interests in cement production across Africa and agriculture back home maintained a slot he has occupied for a while now.
Two other Nigerian billionaires who made the list were oil and telecoms mogul Mike Adenuga whose fortune is currently estimated at $5.3 billion.
Folorunsho Alakija, a self-made businesswoman in the oil sector is also on the list. Alakija has various interests but known mainly for her oil business, she with a fortune estimated at $1.7 billion.
Angola’s Isabel dos Santos, who has stakes in telecommunications , oil and gas and also banking – maintained her place as the continent’s richest woman with a net worth of $2.6 billion.
She is daughter to former Angolan president Jose Eduardo dos Santos and was fired as chairperson of the Angola’s state oil company by new President Joao Lourenco on allegations of financial impropriety – she flatly denies all the allegations.
Other Africans on the list are Zimbabwean telecoms tycoon Strive Masiwiya ($1.39 billion) and South African mining magnate Patrice Motsepe ($2.5billion).
Amazon founder and CEO Jeff Bezos estimated to be worth $112 billion topped for the first time unseating Bill Gates with a fortune of $90 billion who came second in the list released on March 7.
Investment mogul Warren Buffet $8.9billion is now the 3rd. Amancio Ortega, Europes wealthiest man with $75.1billion is the 4th on the list, while Facebook guru Mark Zuckerberg is the best 5th with Estimated $71billion.
Four Criminals parading themselves as operatives of the Federal S pecial Anti-Robbery Squad SARS have been gunned down in port harcourt Rivers State. The suspects were killed by SARS on Saturday, December 16, at Ogbogoro community in the Obio/Akpor Local Government Area of Rivers State following a distress call from an unidentified member of the public. This was as armed robbers, who operated around the Ileabuchi area of Mile 2 Diobu, Port Harcourt City, on Saturday night, killed a policeman in the area, leaving a local vigilante member and other persons with bullet wounds. It was learnt that the vigilante member and the other persons, who were hit by bullets, had been hospitalised. A source told PUNCH that the criminals were spotted to be fake security operatives by residents of the area. It was gathered that a resident of the area called Ozuoba Police Station. The source said when SARS operatives entered the community, the fake SARS men engaged them in a gun du...
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