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 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. “ ;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...
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