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- Nigeria’s apical 3 billionaires, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola, person reduced their nett worth
- New information shows that the 3 billionaires collectively mislaid implicit $400 cardinal successful the past 24 hours
- The monolithic nonaccomplishment has affected the billionaire's ranking connected the database of the richest men successful the world
Legit.ng writer Dave Ibemere has implicit a decennary of business journalism acquisition with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.
Nigerian apical billionaires, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola, person recorded a immense driblet successful their nett worth.
According to the latest information released by Forbes, the billionaires mislaid $483 million, astir N773 billion, connected Monday, May 12.
Source: Facebook
Breakdown of the driblet successful billionaires' nett worth
Mike Adenuga, laminitis of telecom elephantine Globacom and lipid exploration institution Conoil, saw his luck autumn by $14 million, bringing his nett worthy to $6.2 billion.
According to Forbes, the Nigerian concern mogul, who is the country’s second-richest man, dropped to 561st spot connected the database of the world’s wealthiest individuals, down from 501st the erstwhile week.
Similarly, Abdulsamad Rabiu, president of BUA Group, recorded a much important drop. His nett worthy fell by $330 million, oregon 6.99%, bringing his luck down to $4.4 billion.
BUA, a large subordinate successful Nigeria’s cement and sweetener markets, has been affected by rising accumulation costs and naira depreciation.
Rabiu is present ranked the 848th richest antheral successful the world, a driblet from his erstwhile ranking of 822nd
Another billionaire that recorded a nonaccomplishment is Femi Otedola, the president of Geregu Power and capitalist successful vigor and infrastructure, who suffered the sharpest diminution successful percent terms.
His nett worthy fell by $139 million, a 9.90% alteration to $1.3 billion. He is presently ranked 2,592nd richest antheral successful the world.
Dangote wealthiness rises
Aliko Dangote is the lone Nigerian billionaire who did not witnesser a driblet successful his nett worthy connected Monday.
Africa’s richest antheral saw his wealthiness summation by $34 cardinal to scope $23.3 cardinal connected Monday, May 12.
Dangote, who leads the Dangote Group with interests spanning cement, sugar, salt, and fertiliser, present ranks 83rd connected the planetary database of the world’s wealthiest individuals.
Source: Getty Images
Top 10 richest men successful the world
- Elon Musk – $395.6 billion
- Jeff Bezos – $209.5 billion
- Mark Zuckerberg – $204.9 billion
- Larry Ellison – $187.9 billion
- Warren Buffett – $160.3 billion
- Bernard Arnault & household – $156.0 billion
- Steve Ballmer – $128.2 billion
- Larry Page – $127.8 billion
- Sergey Brin – $122.6 billion
- Amancio Ortega – $122.1 billion
Meet Nigerian billionaires who ain clubs successful Europe
Earlier, Legit.ng reported that Nigerian billionaires are progressively investing successful European football clubs.
Kunle Soname made past successful 2015 by becoming the archetypal Nigerian to get a European shot club, purchasing Portuguese broadside CD Feirense, which competes successful LigaPro, the country's 2nd division.
Soname besides chairs Remo Stars, a Nigerian nine successful the Nigeria Professional Football League.
In 2020, businesswoman Nneka Ede acquired Lusitano Ginasio Clube, a fourth-tier Portuguese team, becoming the archetypal African pistillate to ain a European shot club.
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Source: Legit.ng
