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

IMMIDIATE PAST GOVERNOR DIES IN ISREALI HOSPITAL

The imidiate past Governor of Nasarawa state of Nigeria , Aliyu Akwe-Doma, is dead. He died at age 78. He died after a slight illness at a foreign hospital in Israel, a nephew, Ahmed Bako, said the day before yesterday. Investigation in addition discovered that his fitness condition turned into said to have worsened in the beyond one month earlier than he was flown in another country to Tel-Avivi in which he ultimately gave up. Former Nasarawa facts commissioner, Mamman Alakayi, said in Lafia that Doma died in an Israeli hospital on Tuesday. “I got a name from the past governor’s son, Umar, this nighttime, that Baba Doma died in an Israeli health center at about 7:45 p.m. Nigerian time,” he said Also confirming the news to the dying of the erstwhile governor, his son, Umar, said his father died in Tel-Avivi at approximately 8p.m the previous day. His phrases: “My father died in Tel-Avivi, the capital of Israel at approximately 8pm in the night.” The late Aliyu governed Na...

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...

#BBNaija2018: Five housemates qualify for finals next week

Big Brother Naija housemates, Alex, Tobi, Nina, Miracle, Cee-c. are the 5 that have automatically qualified for the final stage of the 2018 edition of the reality show. This came to the fore after three housemates;  Lolu, Anto, Khloe were evicted during the Sunday Live eviction show. Recall that the Head of House, Alex picked a chance card which placed everyone up for possible eviction, except her. Tobi was saved as well as Nina after she came fourth in the game which made her qualify for the finals. By this time next week, one of the five housemates will emerge winner as the show would be coming to an end. (adsbygoogle = window.adsbygoogle || []).push({});

Arsenal Signs Biggest sleeve deal in Premier league History

Arsenal confirm they have agreed a three-year deal with ‘Visit Rwanda’, which will see the Rwanda Development Board become their first official sleeve partner. The ‘Visit Rwanda’ logo will be featured on the left sleeve of all the Arsenal sides next season. Goal say the deal is the biggest in Premier League history and will finally see the Gunners match their rivals on the commercial front. Arsenal have signed a £10 million per year deal which surpasses Chelsea’s £6m per year partnership with Hyundai and Manchester City’s deal with Nexen Tire. Players from Arsenal Women and Men will visit the country, while club coaches will host development camps for Rwandan children. The move should further boost tourism in the country, with Rwanda having already doubled their number of visitors in the last 10 years. They have rapidly grown their economy in Africa and are now in a position to sign a lucrative sponsorship...

HOW NIGERIA MAY BE IN 2045- Obasanjo reveals

 Olusegun Obasanjo, former President of Nigeria has predicted what may be Nigeria’s condition by the year 2045. Obasanjo said the country’s growing population will either be beneficial or disastrous depending on whether the leaders will able to make the country self-sufficient in education, food, employment and housing. He said with the available potentials in the country, Nigeria should aim to be one of the 10th largest economies in the world by the year 2024. This He said  on Monday at the  Calabar Free Trade Zone in, Cross River State, while inaugurating the Skyrun ultra- modern freezer and fridge factory. “When I was in the aircraft, Senator Liyel Imoke told me that Nigeria’s population currently stands at 193 million people. By the year 2045, Nigeria’s population will be about 400 million and we can be happy as well as, be sad.He said  “If we can provide food, education, employment and housing for all of them , then we shall be happy, otherwis...

Rivers State government reiterates committment to the health insurance scheme

Rivers State Government on Wednesday said that it was committed to implementing the Health Insurance Scheme. The Commissioner for Health, Prof. Princewill Chike gave the assurance in an interview with newsmen in Port Harcourt. Chike said that the government was already building five zonal hospitals as part of the preparations for the project take-off. According to him, the Braithwaite Memorial Specialist Hospital (BSMH) is also being upgraded to meet the requirements for the scheme. The commissioner said that the government’s intention for the scheme was to make healthcare affordable and accessible to the ordinary people. He said that the scheme would reduce out-of-pocket expenses on healthcare. “The health insurance scheme is a good thing; it covers a wide spectrum of aliments; all you need to present is your card. “What is required to access the scheme will be made affordable; it is a scheme that targets the ordinary people,’’ he said. Chike said that the gove...

Benny Hinn Admits he went too far with prosperity message

Popular Israeli televangelist, Benny Hinn, has faulted pastors, whose sermons only focus on prosperity and living ostentatiously. Benny Hinn, while reflecting on Billy Graham’s death in a Facebook Live broadcast, called on preachers of the gospel to stop living extravagant lives and start living according to God’s instruction. According to him, everything should be about Jesus not other extravagant things, adding that he has never flown a private jet in his life. “We get attacked for preaching prosperity, well it’s in the Bible, but I think some have gone to the extreme with it sadly, and it’s not God’s word what is taught and I think I’m as guilty as others. Sometimes you go a little farther than you really need to go and then God brings you back to normality and reality,” Hinn, 65, said He admitted that as he has grown older and come to understand the Bible more, he now realizes that some of the things he learned from preachers wh...