Skip to main content

Aliko Dangote: Africa's Richest man is100th on the Worlds Billionaires List- Forbes


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.


Comments

Popular posts from this blog

5 Things Women Love More than 6 Packs

Many men have always been made to believe that women see them as attractive with how well built their bodies are, which has never been true. Ladies have their different ideas of what makes a man attractive. Men can be attractive in other many ways. Depending on which type of a woman you are dating, here are five things that will make a man attractive other than physical attributes  Like Handsomeness and 6-pack 1. GOOD MANNERS. There are many things that could tell people about your manners. Men with good manner are attractive in our today’s world. A well-mannered man is a sure bet in life, who will never hurt his woman knowingly. This is the type of man every woman wants to be with.  2. PURPOSE . Life is always about having a purpose. This will simply mean you have direction in your life. having a purpose is the best thing every woman wants in her man since she is sure of a good life tomorrow. Have a business, a project or some work you do for a living. Th...

MTN Launches 5G technology: First in Africa

MTN says it has achieved download speeds of more than 20 gigabits per second in its first trial of fifth-generation (5G) technology. “This is the highest achieved on a mobile network in Africa‚” the service provider said in a statement on Monday. It said it was ready to deploy the technology commercially but could not do so until it had access to additional frequency spectrum.  The Independent Communications Authority of South Africa‚ which regulates spectrum‚ has not yet allocated spectrum for 4G infrastructure‚ TechCentral reported‚ forcing operators to reallocate 2G and 3G spectrum. Said MTN South Africa chief technology and innovation officer Giovanni Chiarelli: “There is no doubt that 5G will offer the consumer higher speeds and lower latency‚ but to achieve this we need the capacity that comes with additional spectrum.  MTN has a 4G license in Nigeria and could look forward deploying the technology in the country in the near future.  MTN has collaborated with...

Catholics return to CAN After 5 years of Absence

Catholics return to CAN after five years absence. The Catholic Secretariat of Nigeria, CSN, has returned to the Christian Association of Nigeria, CAN, after five years of walking out of the national Christian Umbrella body in the country over some irreconcilable differences with the leadership. Vanguard recalls that Catholic Bishops had in a letter dated September 24, 2012 which was signed by their President, Archbishop Ignatius Kaigama, and addressed to the then CAN President, Pastor Ayo Oritsejafor, announced the withdrawal of the Catholic church from the organisation. However, in 2017, Kaigama led a delegation from the Catholic Bishops Conference of Nigeria, CBCN, to the CAN National secretariat where, in a meeting with the CAN President, Rev Dr Samson Ayokunle and his team, they addressed the identified grey areas and fashioned out wways of addressing them. Sequel to that, Kaigama disclosed the readiness of the Catholics to work with the new CAN leadership. Last week Thu...

#BBNaija2018: Evicted Ifu ennanda reveals why she didn't kiss Rico

Big brother naija housemates Ifu ennanda and Leo have had to bid goodbye to their chance of winning the grand prize of N45 million. She has taken time to appreciate her fans via her IG Page. Speaking about her time in the house, Ifuennada revealed why she didn’t make out with Rico, even when she wanted.  Shortly after exiting the Big Brother house, the evicted housemates were taken straight to the live show with Ebuka. During their session, each of the evicted housemates spoke about their time in the house and answered some questions from viewers.  Ifuennada was asked why she didn’t develop any love interest in the house and she responded saying it was a decision she made even before going in the house.  She said:- “I decided I won’t be in any relationship this year but I can kiss a guy and move on.” It got more interesting when she revealed she desired to share a kiss with Rico on Saturday, March 10, after their party but was forced to pull back when alco...

JAMB POSTPONES THE SALE OF 2018 UTME FORMS

The spokes man of  Joint Admissions and Matriculation Board, JAMB, Fabian Benjamin saus JAMB has suspended the sale of the 2018 application forms earlier scheduled to commence on Wednesday, November 22. He said this Tuesday evening in a press statement. He noted that the postponement was due to the delay in meeting the agreed deadline by the publisher of the compulsory reading text meant for prospective candidates for the 2018 UTME. The board said the publisher had promised to deliver all the texts on or before the  7th of November 2017. “As at close of work today, the publisher had not provided the 1.8 million copies required and this development painfully forced to the Board to shift the date from Wednesday 22nd November, 2017 to a date to be announced soon. ”JAMB regrets all inconvenience occasioned by this postponement as it is working round the clock to announce a new date soon”, the He said.  Candidates are urged by the board to visit its website to fa...

Top 10 Richest countries in the world 2018

Of the almost 200 countries in the world, many generate billions, and even trillions, in revenue each year. But which one comes out on top as the richest country in the world? We looked at the data to find the top 15 richest countries and the richest country in the world per capita. The ranking are based on the International Monetary Fund’s October 2017 data on GDP per capita based on purchasing power parity, which compares the currencies of countries in relation to the cost of goods and is used to weigh a country’s economy in relation to others, according to the IMF. Many of the highest ranking countries, like Brunei and Qatar, have fuel and oil propelling their economies. However, GDP growth for what are often the richest countries have changed as the price of oil dropped in 2014. Investment and strong banking systems have also helped propel economic growth in other countries like Iceland and Ireland. These are the richest countries in the world per capita. 15. Iceland...

WIKE: what I will do if Buhari Visits Rivers State

The Government of Rivers State has reacted to the President Muhammadu Buhari’s planned visit. The Rivers Government said the visit would afford the people of the state a rare opportunity to inform Buhari of the total neglect of the state by the All Progressives Congress, APC-led Federal Government since it came into power. A statement by the Commissioner for Information and Communications, Emma Okah, said, “The impending visit is a welcome development. He’s president for all Nigerians, and not the president of a particular part of the country or political party. “The visit would afford us the opportunity of interacting with him, if his programme would permit, so that we tell him the challenges we are facing and also, the contributions and efforts we are making towards building a stronger and more united nation. &#8220 ;We will use the opportunity to also tell him about the peculiar security challenges that Rivers State is facing and the fact that we have...