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Two Nigerians, Aliko Dangote & Mike Adenuga, make Forbe's list of the world's billionaires.
| March 08, 2012
Alhaji Aliko Dangote and Dr. Mike Adenuga, two prominent Nigerian businessmen have made Forbe's list of the world's billionaires. Dangote was ranked 76th on the list, and no. 1 in Nigeria, with a net worth of $11.2 billion as of March 2012. Mike Adenuga was ranked 248th globally, and no. 2 in Nigeria, with a net worth of $4.3 billion. Aliko Dangote lost his position as the world’s richest black man, but remains as Africa’s richest individual. Ethiopian-born Saudi billionaire Sheikh Mohammed Al-Amoudi, is the world's richest black man and is worth an estimated $12.5 billion. The Dangote Group is Nigeria’s largest industrial conglomerate,with interests in sugar refineries, flour milling, salt processing and cement plants in Nigeria, Zambia, Senegal, Tanzania and South Africa. Forbes described Dangote's history saying, "Dangote started trading commodities more than three decades ago after receiving a business loan from his uncle." Mike Adenuga runs Conoil Producing, Nigeria's largest oil exploration company and the first Nigerian company to strike oil in commercial quantities. He also owns Globacom, Nigeria's second-largest mobile telecom operator. Forbes described Adenuga's history saying, "He made his first million at age 26 selling lace and distributing soft drinks, but hit it big through the bene­faction of Nigeria's former military ­president, Ibrahim Babangida." This year's Forbes list includes 1,226 billionaires worth $4.6 trillion. Some notable names on the list include: - Carlos Slim, the Mexican tycoon, who retained his position at the top of the world's billionaires on with an estimated worth of $69 billion. - Laurene Powell Jobs, the wife of late Apple cofounder Steve Jobs, appears on the list for the first time, ranked 100th, with a net worth of $9 billion. - Mark Zuckerberg, Facebook founder and CEO, was ranked 35th with a net worth of $17.5 billion. - Oprah Winfrey, is the richest black woman and was ranked 442nd with an estimated net worth of $2.7 billion.

(1) Comment


"The views and opinions expressed in these comment(s) or article(s) do not necessarily reflect the views or opinions of NGEX, its partners or its affiliates."
Olusesi Abayomi    Lagos, Nigeria    April 28, 2014
God is wonderful, my God will grant all the named millionaire and billionaire more grace to make more wealth in Jesus name they will keep on increasing and mine will not pass me bye in Jesus name amen
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