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
Isaac Asabor263
Separating kitchen politics from ...

Like everyone else, I believe that the most popular definition of democracy is “government of the people, by the people and for the people”. Read more...

Submitted by
Bethel Tanifo
Ministry of Niger Delta Affairs, ...

Like NDDC Unlike MONDA. This notion is an intuition that does not portend political participation, affiliation, intrusion or aggression but a submission with the intention of completion of the previous administration's noble vision. Read more...

Submitted by
Bethel Tanifo
Nigerian Constitution versus Corr...

The problems of Nigeria is not in its conventional composition, formation, functionality, constitution or treaty, while the solutions are not disintegrations as promulgated by some faiths fanatics and bigotries.  Read more...

Submitted by
Abdulsalam Jubril
Much Ado about Trump’s Presidency

It was unbelievable when the social and mainstream media all over the world began airing the breaking news of Donald Trump’s victory in the most contentious US Presidential elections in recent years. Read more...

Submitted by
Mike Daemon
Nigerian author highlights gay ch...

A new novel by a prolific young Nigerian author features gay characters, which could help increase the visibility of the gay community and possibly lead to greater understanding of LGBT Nigerians. Read more...

Submitted by
Isaac Asabor263
Your Excellency, I will call you ...

Your Excellency, Governor Adams Oshiomhole, as a leader that pays attention to details, I understand that the odd title of this piece would definitely arouse your curiosity.  Read more...