
Forbes has listed Aliko Dangote, Femi Otedola, Mike Adenuga, and Abdulsamad Rabiu as the top richest Nigerians in 2024.
Dangote’s fortune rose to $13.4 billion, Adenuga’s stood at $6.7 billion; while Rabiu and Otedola achieved a fortune of $5.2 billion and $1.4 billion in 2024.
Aliko Dangote, whose estimated net worth in 2024 was approximately $13.4 billion, is the richest man in Africa and the richest black man worldwide. His business empire, the Dangote Group, is the most valuable conglomerate in West Africa and one of the largest sources of employment in the private sector in Nigeria.
Femi Otedola is a philanthropist and executive from Nigeria. He is currently Geregu Power Plc’s executive chairman. In addition, Otedola founded Zenon Petroleum and Gas Limited and is the proprietor of several other companies in the finance, real estate, and shipping industries. As part of Nigeria’s industry liberalisation, he recently made an investment in the production of electricity.
Mike Adenuga is a billionaire businessman from Nigeria. His business, Globacom, is the second-biggest telecom provider in Nigeria, with operations in Ghana and Benin. He has investments in both the oil exploration company Conoil (formerly Consolidated Oil Company) and the Equitorial Trust Bank. In 2024, Forbes projected his net worth to be $6.7 billion.
Abdulsamad Rabiu is a Nigerian billionaire businessman and philanthropist. He founded and serves as chairman of BUA Group, a conglomerate focused on infrastructure, manufacturing, and agriculture with annual revenue exceeding $2.5 billion.
Forbes reports that the year has been a success for the world’s billionaires, whose wealth has increased despite war, political upheaval, and persistent inflation, according to stock markets around the world.
“As with the economy in general, the money is concentrated at the very top. There are now a record 14 people who are members of the $100 billion club, the elite group of people whose fortunes stretch into 12 digits. That is up from just one four years ago. These lucky few are worth $2 trillion in all, meaning just 0.5 percent of the world’s 2,781 billionaires hold 14 percent of all billionaires’ wealth.
“There are now more billionaires than ever: 2,781 in all, 141 more than last year, and 26 more than the record set in 2021. They are richer than ever, worth $14.2 trillion in aggregate, up by $2 trillion from 2023 and $1.1 trillion above the previous record, also set in 2021.”
According to the report, Bernard Arnault is the richest person alive and has maintained his top spot for the past two years. The French magnate of luxury goods, LVMH, which owns brands like Louis Vuitton, Tiffany & Co., and Sephora, had another record-breaking year, boosting his estimated net worth to $233 billion, $22 billion more than in 2023.
“Two-thirds of the planet’s billionaires are richer than they were a year ago,” it stated. Mark Zuckerberg has benefited the most financially, with a $116.2 billion increase in just one year as a result of Meta stock nearly tripling in value due to cost-cutting measures like layoffs and significant investments in artificial intelligence and the metaverse.
Ranking fourth in Forbes’ 2024 ranking, Zuckerberg is the richest person he has ever been, with an estimated net worth of $177 billion. Larry Ellison of Oracle completes the top five with an estimated net worth of $141 billion.
Vodina Sam
Related posts
Top 10 African Billionaires in 2024
Reviews
Follow Our Activities On Facebook
55 minutes ago
1 hour ago
2 hours ago
3 hours ago
4 hours ago
SUBSCRIBE
[mc4wp_form id=”2012″]
Top Reads!
#BigBrotherNaija “Level Up” Week 6
Though last Sunday Sunday was meant to be a “no-eviction” day, it came as a shocker when fake housemate, Modella…
Dating in 2022; Situationships Are Not For The Fainthearted
Situationships are defined as that space between a defined relationship and something other than a friendship. It is a romantic…
20 Questions With Dinta Media’s Visual Storyteller, Chimeremogo Nwoke
Dinta Media is not really just a media production brand but we like to see ourselves as a hub for…
How Are Nigeria’s Small Businesses Coping?
The current rising rate of inflation and other burdens against the Nigerian economy speaks to the realities of the times.
Thrifting Is All The Rave Now, Here’s Why
By Amy Adindu The affordable clothing movement has gained global attention and acceptance as we’re all trying to look like…
#BigBrotherNaija “Level Up” Week 2
Week 2 of the highly watched Nigerian TV show kicked off with an early plot twist. On Sunday, Big Brother…
#BlueTunes: Burna Boy, Omah Lay Top Album Picks For July
July was a promising month for music lovers; from Lizzo’s album titled Special and Imagine Dragons’ Mercury, (Acts 1 &…
#BlueTunes Album Picks For June
Gbagada Express – Boj Bolaji Odojukan, popularly known as BOJ, was raised both in England and Nigeria. He shot to…
“A Creative’s Dream” with Jeff Chinonso
On the 26th of June 2022, Jeff Chinonso hosted his first solo art exhibition. The Augmented Reality exhibition themed “A…
Nigerian API-based company Thepeer raises $2.1 million
Tech infrastructure startup Thepeer has raised a $2.1 million seed round according to a report from TechCabal. Thepeer, a Nigerian…
Dika Ofoma, Ugochukwu Onuoha take on grief in Debut Film “The Way Things Happen”
The twenty-minute film focuses on the loss of a loved one, and how grief changes a person.
Nigerian Startups might just be Crippled by a Recently Leaked bill
Over the years there has been talks of amendment on the 2007 Act of the National Information & Technology Agency (NITDA).
Why We Love Kelechi Amadi Obi
The definition of talent is Kelechi Amadi’s iconic story. Imagine a person who studies law in school, gets called to Bar, and leaves it all for something different and unrelated…Painting!