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

Mark Zuckerberg to Become World 3rd Richest Man

Facebook Inc. co-founder Mark Zuckerberg is poised to leapfrog Warren Buffett to become the world’s third-richest person. Zuckerberg, more than a half-century younger than the Berkshire Hathaway Inc. chairman, is now worth US$81.3 billion, gaining US$8.5 billion this year as Facebook shook off a data-privacy crisis that caused its stock to tumble 18 per cent. Its rebound from a closing low of US$152.22 on March 27 to a record US$201.45 at 9:45 a.m. Wednesday in New York narrowed the gap with Buffett to US$725 million, according to the Bloomberg Billionaires Index. The recovery in Facebook shares has rewarded other insiders as well, including Chief Operating Officer Sheryl Sandberg, who’s now worth US$1.8 billion, and Chief Technology Officer Michael Schroepfer, whose 0.05 per cent holding is valued at US$224 million. Zuckerberg, 34,  also trails Amazon.com Inc. founder Jeff Bezos, the world’s richest person with a US$143.6 billion fortune through Tuesday, and M...

TOP 7 Richest People in the World 2018

7. AMANCIO ORTEGA Richest People - Amancio Ortega Net Worth: $70.5 Billion Amancio Ortega is a Spanish entrepreneur and founder of the Inditex fashion group. Inditex owns Zara, and Zara is one of the most popular clothing chains worldwide. Ortega recently dropped down to the 7th richest man in the world, after other players on the list have been making some serious moves. He’s also lost over $11 billion from his net worth in recent months. 6. CARLOS SLIM HELU Richest People - Carlos Slim Helu Net Worth: $70.5 Billion Carlos Slim Helu is a Mexican businessman and investor; owner of the conglomerate ‘Grupo Carso’. The conglomerate’s portfolio consists of brands in many different industries, such as health care, media, energy, real estate and retail. Carlos is 6th on this list of the richest people in the world, with a net worth of $70.5 billion. In recent months, Carlos Slim has lost almost $6 billion from his net worth, and dropped from 4th to 6th. 5...

Top 10 Richest musicians in the world 2018

The stardom of the richest musicians keeps changing annually. Millions of bucks are hovering above Hollywood andBroadway ranking someone higher on the list. There is a curious thing: who is wealthier than your favorite singer? Let’s make it clear right now.   Keep reading to find out the names of the world stars who managed to reach the list of top 10 richest musicians in the world. 10. Mariah Carey: $510 million. The fans of Mariah Carey should sigh in relief. She is still one of the richest musicians. Mariah is good at getting most out of her singing career. It has been the vehicle for going higher and having more. To prove it, the perfumes from Mariah Carey seems to have a great demand. 9. Jay-Z: $560 million. How skillfully Jay-Z can deal with money! There is a funny statement: “Jay-Z says goodbye to come back again.” It helped him multiply his savings. He has under his belt 19 Grammy’s, and more than 100 million sold out records. Moreover, his trademark Rocaw...

Mohamed Salah wins African best footballer of the year BBC award 2017

Following a record number of votes, the Liverpool star won ahead of Gabon's Pierre-Emerick Aubameyang, Guinean Naby Keita, Sadio Mane of Senegal and Nigeria's Victor Moses. "I am very happy to win this award," the 25-year-old told BBC Sport. "It's always a special feeling when you win something. I feel like I had a great year, so I'm very happy." Salah, the Premier League's top scorer with 13 goals, has enjoyed a stellar year for both club and country. In early 2017, the forward was the central figure for Egypt as they finished runners-up at the Africa Cup of Nations. He also had a hand in all seven of the goals that took the Pharaohs to their first World Cup since 1990 - assisting two and scoring five, including the  stoppage-time penalty against Congo  that qualified them for Russia. "I want to be the best Egyptian ever so I work hard," added Salah, who is the third player from Egypt to win the award and first since 2...

8 Signs He will Never stop Loving You

You recognize your guy is a keeper, however the phrase ‘forever' nevertheless leaves you with doubts. men may be subtle of their approach at showing love, but there are eight clean symptoms that the man who will by no means stop loving you will show without you even understanding it. 1. he's absolutely committed To You And the relationship this does not imply he is there for only the best times, but he's there via all of the horrific as properly. He does not run out after a small fight or intentionally tear you aside along with his words. you're so critical to him and he could in no way permit some thing get inside the way of that. 2. He Does The Little matters that matter if you have a hectic day ahead of you, he tries to lighten the load with the aid of making the bed, cooking breakfast or losing the kiddos off at faculty due to the fact he is aware of that is what you need. He may not love doing away with the trash or folding the relaxation of the laundry fo...

MY PRIORITY IS FOR PDP TO RETURN TO POWER 2019–JONATHAN

Former president of Nigeria Goodluck Ebele Jonathan has said  His priority is to make sure the People's Democratic party returns to the presidency in 2019.He said his focus now is to take the PDP to its former position. The former Nigerian leaders said this when he received Bode George, a chairmanship aspirant of the PDP, at his residence in Otuoke, Bayelsa state. “Whether I like it or not, I must take responsibility for the defeat because I led the party to the election,” the media team of George quoted Jonathan as saying. “My priority now is how to ensure that the Peoples Democratic Party regains the presidency in 2019.… The only thing that will make me sleep well is to ensure that the PDP comes back to power.” The former president said he was working with other stakeholders to ensure that the party was well organised to take back power.  Promising that the mistakes of the past would not be repeated, Jonathan advised the party to take steps to regain the confide...

See Nigeria's ‘Most’ Corrupt Civil Servant Richer Than 4 northern Governors: Ibrahim Tumsah Musa

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...