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Four Nigerians Featured In Forbes Billionaires Ranking


Four Nigerians Featured In Forbes Billionaires Ranking

In the latest American business magazine ”Forbes Inc” ranking of billionaires lists features four Nigeria making that list of world richest person in the world for year 2014.
The four Nigerian’s making the lists are Aliko Dangote, Mike Adenuga, Folorunsho Alakija and Abdulsamad Rabiu who has had more bigger fortune to the wealth.
Here are few spotlight of their wealth.
Aliko Dangote

Aliko Dangote


Net worth $25 billion

The latest Forbes ranking put him o become first African person to be rank in first- twenty -five of richest ranking with net worth about  $25 billion. He had another 20% increase from his previous ranking of $20.8 billion and 43rd position he was as at December 2013.

Ranking richest person in african and Nigeria. His fortune come from trading in commodities like cement, sugar, flour, noodles. Now, he is extending his tentacles to oil business. While he has announced his intention to oil & gas business by building large refinery in the country.


Net worth $4.6 billion

Mike Adenuga

Mike Adenuga

Next on the lists is CEO of telecommunication giant Globacom Limited Otunba Mike Adenuga Jnr. He was ranked in 325th position in latest ranking with net worth about $4.6 billion.

He make his money from telecommunication and oil & gas. He company his second largest mobile phone network with about 24 million subscribers. While he also own Conoil producing, an indigenous oil exploration company which holds the rights to some of Nigeria’s most lucrative oil fields.


Net worth $2.5 billion

Folorunsho Alakija

Folorunsho Alakija

Mrs. Folorunsho Alakija, is richest black women in the world, 3rd richest person in Nigeria and 13 richest person in African with net worth of about $2.5 billion.

She  operates an oil & gas company ”Famfa Oil”,which is  a lucrative oil company in Nigeria,  that is  producing  as much as 200,000 barrels per day.

Abdulsamad Rabiu

Abdulsamad Rabiu


Net worth $1.2 billion

READ  Photos President Jonathan, Aliko Dangote, Okonjo Iweala, Minister of Agriculture and Cobhams Asuquo at World World Economic Forum #Davos2014

Another Nigeria making the lists isAbdulsamad Rabiu. He was ranked as  newest African billionaires in town with net worst of about $1.2 billion. Owner of BUA Group, has increases his wealth from previous fortune of $550 million in 2013.

BUA Group, a Nigerian conglomerate has interests in oil and gas and shipping,sugar refining, real estate,cement and manufacturing .  Abdulsamad is the son of a successful businessman, Isyaku Rabiu.

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