Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.

 

Dangote tops Africa's richest list

21 November 2012, 16:10

Lagos - Business mogul, Aliko Dangote of Nigeria has been rated the richest man in Africa for the second year running, with a net worth of $12 billion, up from $10.1 billion in November 2011 according to a list released by Forbes.

The list has 12 Nigerian business moguls including Mike Adenuga, who ranks in the 5th position with a net worth of $4.6 billion from his telecoms and oil companies, Former Zenith Bank boss, Jim Ovia, ranks 19th with a net worth of $825 million, Abdulsamad Rabiu, who heads BUA Group and is ranked 21st with a net worth of $675 million, and Folorunsho Alakija, the only Nigerian woman is ranked 24th with a net worth of $ 600 million from the oil sector.

73 year old former defense minister Theophilus Danjuma comes in next with a net worth of $600 million from the oil sector at the 24th position, followed by 68 year old former banker , Oba Otudeko with a net worth of $575 million.

At 27th position is Mohammed Indimi with a net worth of $550 million from the oil and gas sector. At 82 years old, O.B. Lulu-Briggs also makes the list on the 31st spot with a net worth of $500 Million from the oil sector.

On the 37th position is Sani Bello, former Nigerian military governor from Kano state with a net worth of $425 Million.

57 year old, Harvard-trained petroleum economist, Hakeem Belo-Osagie completes the list with an estimated $400 Million net worth from the oil sector.

-News24 Nigeria

NEXT ON NEWS24 NIGERIAX

Read News24’s Comments Policy

Comment on this story
0 comments
Comments have been closed for this article.

Read more from our Users

Submitted by
Angela Gold
Blast of Nollywood Actor Chidi Oh...

Chidi Ohazurike is the C.E.O of Goldvalley Production, many have come to realize that he's nothing but fake, a News24 reader laments. Read more...

Submitted by
Yunus Adamu Ibrahim
North south identity is the unity...

Unity means we can honor our differences and celebrate our commonalities, writes Binta Ayamu. Read more...

Submitted by
John Idoko875
ICPC nabs looting ADSU bursar

The Bursar that looted and impoverished Adamawa State University (ADSU), Mubi, Mr. Kumthy Ezra Anjili, has been nabbed by crack detectives from the Independent Corrupt Practices and other related Offences Commission (ICPC), confirms a News24 reader. Read more...

Nigeria, our Father land

The current situation in Nigeria requires us to pacify Nigerians and ourselves, writes Adedamola Odukoya. Read more...

Positioning yourself to get disti...

Be wise "get wisdom and in all your endeavours, get understanding", writes a News24 reader. Read more...

Submitted by
Nasir Sani
The role of a social medical work...

Medical social workers play a great role in patient care. While the doctor and nurse focus on the medical aspect of patient care, the medical social worker focuses on the psychosocial aspect of patient care, writes Nasir Kukuri. Read more...