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
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Hussain Obaro
Xenophobia: We are all guilty

Many countries in Africa and around the world have continued to victimize, de-humanize and blame migrants and foreign workers for their rising unemployment and economic challenge. Read more...

Submitted by
Peregrino Brimah
Support President Jonathan to #Re...

What is the urgency of this amendment and why are our legislators so desperate they even threatened to impeach president Jonathan at this last hour if he does not sign it? Read more...

Submitted by
Lip of Truth
Aso Rock: Dealing with the Pentec...

The Presidential election is over and a new tenant will occupy Aso Rock. He must deal with the Pentecostal Pastors, who often parade the villa for personal profit. Read more...

Submitted by
Samuel Ufot Ekerere
Choice: Becoming a success or bec...

In todays fast pace rat raced society, we find ourselves in a persistent pursuit for the things that we hope can offer us a better comfortable life than we have being used to. Read more...

Submitted by
Markjackson Dumani
Loans: What we need to know

Almost every research on small scale business is with the cliche; inadequate capital or lack of finance for start ups and for expansion of a business. Read more...

Submitted by
Markjackson Dumani
Systemic corruption and the way f...

The socio-political system of a place like that of human biology is self-regulating. That is, they are self-correcting through feedback. Read more...