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.
The Federal High Court in Apo, FCT Abuja, has ordered that 86 luxury vehicles, together with four houses and a quarry plant in Abuja, belonging to a civil servant, Mr. Ibrahim Tumsah, be temporarily forfeited to the Federal Government. Ibrahim Tumsah Musa has been described as the Nigeria’s most corrupt civil servant. All the 86 vehicles, 23 of which were said to be armoured, linked to him, were described by detectives as brand new. The court’s forfeiture orders also affected four houses, two of which are located in Wuse II; one in Wuse Zone 7, and the other in Jabi, all in Abuja. According to Secret Reporters, Tumsah has been serving in Ministry of Power Works and Housing as Director of Finance and Accounts simply to amass the general wealth of the nation to himself and family. It was gathered that the Director who earn less than N500,000 a month has properties splashed all over Abuja, Kaduna and Yobe where he hails from, using his name, brother, children and wives to a
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