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

FOUR FAKE SARS MEN, ROBBERS KILLED IN RIVERS STATE

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...

OVER 20 PEOPLE DIE FROM FIRE EXPLOSION AT AN ILLEGAL OIL REFINERY IN BAYELSA

20 people  at least have reportedly been killed at an illegal refinery at Kolo Creek in the Ogbia Local Government Area of Bayelsa State and many others were said to have suffered varying degrees of buruns due to the explosion It was alleged that te JTF, Operation Delta Safe, and the Nigeria Security and Civil Defence Corps, security outfits directly in charge of checking illegal bunkering, pipeline vandalism and illegal refineries, have had knowledge of the camp but allegedly failed to stop its operation ever since. According to reports, tragedy struck in the camp near the creeks of Ebelebiri and Otuogwe when it exploded on December 5, 2017 and went up in flames. Community sources claimed that an attempt by a woman in the camp to cook noodles, using a stove, sparked the fire that caused the havoc.   An eyewitness described it as tragic, unspeakable and avoidable.   “When we got there, I almost vomited. I saw charred remains of people. They were burnt bey...

WELCOME

   Welcome to my sure news. Where you will be updated, with information about latest happenings in Nigeria, Africa and arround the world. HERE in my sure news we provide you sure information just when the media is yet to cover it. We are first on the go. happy reading with us. Happy new year.

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...

MTN to Sell 30% of its Nigerian Company proposes $500b IPO on NSE

The Securities and Exchange Commission (SEC) on Wednesday confirmed that MTN Group had finally commenced discussions with the commission on its proposed 500 million dollars Initial Public Offering (IPO). A senior management staff of SEC who pleaded anonymity told the News Agency of Nigeria (NAN) in Lagos that MTN had commenced discussion with the commission on the IPO. The source told NAN that although talks were ongoing, the company was yet to formally file its application for the IPO. He said the commission was committed to investors’ protection, and that their interest would be protected in the ongoing discussion. The source said SEC would remain committed to the development of the nation’s capital market and listing of more multinationals. Another source at the Nigerian Stock Exchange (NSE), who declined to be mentioned, also told NAN that the NSE had not yet received an official filing from the company. There were reports recently that MTN Group Ltd. was perfe...

2019: Kanu Nwanwko to run for Presidency.

Nigerian football legend, and one time African footballer of the year, Nwankwo Kanu has announced he will run for President of Nigeria in 2019 The former Arsenal FC and Inter Milan forward said he was inspired to aspire for presidency by the feat attained by George Weah..  Recall that Weah, who had a very successful football career in Europe, was elected President in 2017 elections after defeating the incumbent Vice President Joseph Boakai, and sworn in on 22 January 2018. In an interview with Goal.com, Kanu said: “My presence here today is about the future of our country and the happiness of our people. “The last 18 years of leadership has witnessed a decline in all critical sectors of life in Nigeria, plus general insecurity in the land.” “Also, I’ll do all it takes to wrestle corruption which has become blatant and widespread. The rest of the world looks at Nigeria as the home of corruption,” Kanu, who also had a successful career in Europe, added. ...

5 ways to become more attractive to others

Feeling good about yourself makes you attractive to others. As you love yourself, life becomes less burdensome and relationships become easier and more spontaneous. You don’t spend your time second-guessing what others are thinking about you and where you stand in your various relationships. When you have an internal sturdiness deep within your core, you smoothly adapt to the inevitable ups and downs that come with relationships. Here are five ways anyone can make themselves more attractive in relationships. 1. Don’t take yourself so seriously. You do not have to be perfect to have solid relationships and love in your life. In fact, it’s being imperfect that puts people at ease. There is a kind of intimacy that takes hold, a sense that you can be open with this person because they are being open with you. Of course, it’s important to connect with supportive and non-toxic people. Generally speaking though, most of the time and with most people, the negative sentiments others ...