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Forbes just published its annual exclusive billionaires ranking, with only three Nigerians making the list. The Nigerians are Aliko Dangote, Abdul Samad Rabiu, and Mike Adenuga.
With a net worth of $13.6 billion, Aliko Dangote continues to hold on to the title of the World’s Richest Black Person.
Meanwhile, Mike Adenuga, Chairman of Globacom, was ranked third in Nigeria with a fortune of $5.7 billion. He was replaced as the second richest man in Nigeria by Abdul Samad Rabiu, who now has a fortune of $7.4 billion.
According to Forbes, Only seven of the 54 countries in Africa are home to billionaires on the list of world billionaires. There are six billionaires in Egypt, five in South Africa, three in Nigeria, two in Morocco, and one each in Zimbabwe, Algeria, and Tanzania.
Of the three Nigerians on this year’s Forbes list, Only Abdul Samad Rabiu of BUA saw an increase in his fortunes from the previous year. The significant increase in shares of his publicly traded companies, BUA Cement Plc and BUA Foods Plc, was the source of the significant increase. Recall that his wealth increased from $4.9 billion to $7 billion in just 48 hours after BUA Foods Plc was listed on the Nigerian Exchange on January 5, 2022.
Who is the Richest Man in Africa?
1. Aliko Dangote
Net Worth: $13.6 Billion
Age: 65 Years old
Country: Nigeria
Industry: Manufacturing
Other Sources of Income: Shares and Export
2. Johann Rupert
Net Worth: $10.6 Billion
Age: 72 Years old
Country: South Africa
Industry: Fashion and Retail
3. Nicky Oppenheimer
Net Worth: $8.5 Billion
Age: 77 Years old
Country: South Africa
Industry: Metals and Mining
Other Sources of Income: Game Reserve
4. Abdulsamad Rabiu
Net Worth: $7.6 Billion
Age: 62 Years old
Country: Nigeria
Industry: Diversifi ed
Other Sources of Income: Shares
5. Nassef Sawiris
Net Worth: $7.5 Billion
Age: 62 Years old
Country: Egypt
Industry: Construction and Engineering
Other Sources of Income: Shares
