Forbes lists new billionaire in its 2025 magazine, nigerians cited

• Africa's richest man, Dangote, and 5 different Nigerians were named World's Black Billionaires for 2025 by Forbes.
• Forbes' astir existent yearly World's Billionaires database shows that lone 23 Black radical are among the 3,028 billionaires globally
• These 23 person accumulated $96.2 billion, mostly from the technology, energy, and fiscal industries

Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

Forbes Magazine named Femi Otedola, the president of First HoldCo, Aliko Dangote, Africa's richest man, and 4 different Nigerians arsenic World's Black Billionaires for 2025.

A full of 23 person amassed $96.2 cardinal successful wealth, chiefly from the finance, energy, and exertion sectors. Photo Credit: Dangote Group, Bua Group, Mike Adenuga
Source: UGC

Only 23 Black radical are among the 3,028 billionaires worldwide, according to Forbes' astir caller yearly World's Billionaires list.

“Twenty-three of them are Black—just 0.8% of the list—but they’re a affluent and awesome bunch,” the study said.“Overall, these 23 person amassed $96.2 cardinal successful wealth, chiefly from the finance, energy, and exertion sectors.”

According to Forbes, conscionable six of the 23 billionaires are Nigerian.

Here is simply a database of the Nigerian billionaires successful bid of Forbes’ ranking.

DANGOTE

With a nett worthy of $23.9 billion, Dangote, the president of the Dangote Group, topped the magazine's rating.

According to Forbes, the Dangote refinery's eventual opening successful aboriginal 2024 caused the billionaire's wealthiness to soar, expanding by $10.5 cardinal since the erstwhile year's list.

MIKE ADENUGA

Mike Adenuga, the proprietor of the telecom institution Globacom, is the 2nd Nigerian connected the database with a nett worthy of $6.8 billion, according to Forbes.

ABDULSAMAD RABIU

On the publication's database of Black billionaires worldwide, Abdulsamad Rabiu, the laminitis of BUA Group, comes successful astatine fig six. The billionaire is the 3rd Nigerian connected the database with a nett worthy of $5.1 billion.

ADEBAYO OGUNLESI

Another Nigerian connected the database is Adebayo Ogunlesi, the CEO of Global Infrastructure Partners (GIP), who has a nett worthy of $2.2 cardinal and is the 11th Black billionaire globally, according to Forbes. In October 2024, the businessman sold GIP to BlackRock for $12.5 cardinal successful currency and stock.

OTEDOLA

Otedola, the president of Geregu, who has a nett worthy of $1.5 billion, comes successful astatine fig twelve.

Forbes said the billionaire “made his archetypal luck successful commodities earlier selling his shares successful Forte Oil to put successful the energy business”.

“Today, helium is the president and bulk proprietor of Geregu Power, a powerfulness procreation concern whose different investors see the Nigerian authorities and the State Grid Corporation of China,” the mag said.

TOPE AWOTONA

Tope Awotona is the last Nigerian connected the 2025 database of World's Black Billionaires.

According to Forbes, Awotona established the scheduling bundle concern Calendly successful 2013, and successful 2021, backstage investors valued it astatine $3 billion.

According to the media firm, Awotona has a nett worthy of $1.4 cardinal and is ranked 14th connected the list.

Nigeria’s 4 richest men nett worthy emergence by 32%

Legit.ng reported that the combined nett worthy of Nigeria's 4 richest men on the Forbes Billionaire List is present $37.1 cardinal arsenic of Thursday, March 13, 2025.

This represents a 32.9% summation from the $24.9 cardinal combined nett worthy recorded connected February 12, 2025.

The 4 billionaires are Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola.

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Source: Legit.ng