I know this might sound funny,but given the type of country that we live in and the kind of people that dwell in it,i still find it difficult to believe that Dangote is the richest man in Nigeria.
Aliko Dangote might not actually be the richest man in Nigeria and here are some facts that made me think again about Dangote being the richest man in Nigeria.
It is no longer news that some wealthy northern Nigerians own Oil blocs in the south,but what is news is that most of them have actually gone into partnership with some Multi-national Oil Companies to produce crude oil and these oil blocs are seriously producing and selling crude oil on a daily basis.You can imagine the amount of money that these guys are making on a daily basis.Check the price of one barrel of crude and multiply say by 250,000 barrels because that is what some of these oil-blocs produce on an average in a day;and you will get the real picture.
But because these oil blocs are still in contention,these silent billionaires won't brag about their wealth or draw attentions to themselves but quietly be smiling to the bank daily.Mind you,production on these oil blocs are not regulated by NNPC because these oil-blocs were bought outrightly or solely allocated to these individuals either for personal gains or for political reasons by the then military junta especially during the era of IBB and Abacha.
I can name a few oil blocs owned by some individuals from the north and the respective companies with which they use to produce from these oil-blocs.But i won't on this forum because i still like my head o..besides me go like still own oil-bloc one day na .
Secondly the Maryam Abacha theory which states that and i quote "No matter what the Federal Government takes from us,we can never be as poor as the Dangotes" might still be a proven fact.And the reason i came up with this conclusion is due to the recent return of $227 million of Abacha's loot to the FG of Nigeria.Cos how can you explain to me that 16 years after this guy's death they are still returning millions of dollars of this guy's loot.And it was reported that he looted over $8 billion dollars.Of course you and i know that the Abachas' are no push over given their history(The FG of Nigeria can attest to that),so we know that they have still got a large chunk of that loot and that your thought is as good as mine that they have invested a lot of the money somewhere and quietly reaping dividend.And it is also a known fact that they have one of the richest men in Cameroon as an in-law whose net-worth tripled since he got married to Abacha's daughter.Do your maths and you'll know where his major capital is coming from.Watch out for Mohammed Abacha's campaign as he vies to be the next governor of Kano State.
So it is hard to easily say that Dangote is the richest man in Nigeria.Officially he is the richest man but going by some known and unknown facts which we might never be told he might not be.
Even Dangote himself is usually always humbled in the midst of his northern brothers because he knows that some of them are stupendously wealthy and he still has some catching up to do.
Arab Money

hmm $24.4 billion dollars no be joke o. mr man

dangotes worth
24,400,000,000 US dollars = 3,974,760,000,000 Nigerian nairas

thats abt 4 trillion naira ( four thousand billion naira)
bros where dem wan keep am?

kilokeys: hmm

Fear your country o..sharp guys full everywhere

kilokeys: hmm $24.4 billion dollars no be joke o. mr man

dangotes worth
24,400,000,000 US dollars = 3,974,760,000,000 Nigerian nairas

thats abt 4 trillion naira ( four thousand billion naira)
bros where dem wan keep am?

..tell him again bro..

With useless monopoly and ojoro from the military era he is the richest man. Without that em ni go fit come out for first 2000

He's officially the richest man in Nigeria.

Ops, he is the richest man in africa, not only nigeria

Richest black man in the world, richest African in the world. In the whole world combine, only 22pple are richer
than him, plus no single Arab is richer than him.


1. Bill Gates
Net Worth: $76B
Source of wealth: Microsoft

2. Carlos Slim Helu & family
Net Worth: $72B
Source of wealth: telecom

3. Amancio Ortega
Net Worth: $64B
Source of wealth: retail

4. Warren Buffett
Net Worth: $58.2B
Source of wealth: Berkshire Hathaway

5. Larry Ellison
Net Worth: $48B
Source of wealth: Oracle

6. Charles Koch
Net Worth: $40B
Source of wealth: diversified

6. David Koch
Net Worth: $40B
Source of wealth: diversified

8. Sheldon Adelson
Net Worth: $38B
Source of wealth: casinos

9. Christy Walton & family
Net Worth: $36.7B
Source of wealth: Wal-Mart

10. Jim Walton
Net Worth: $34.7B
Source of wealth: Wal-Mart

11. Liliane Bettencourt & family
Net Worth: $34.5B
Source of wealth: L’Oreal

12. Stefan Persson
Net Worth: $34.4B
Source of wealth: H&M

13. Alice Walton
Net Worth: $34.3B
Source of wealth: Wal-Mart

14. S. Robson Walton
Net Worth: $34.2B
Source of wealth: Wal-Mart

15. Bernard Arnault & family
Net Worth: $33.5B
Source of wealth: LVMH

16. Michael Bloomberg
Net Worth: $33B
Source of wealth: Bloomberg LP

17. Larry Page
Net Worth: $32.3B
Source of wealth: Google

18. Jeff Bezos
Net Worth: $32B
Source of wealth: Amazon.com

19. Sergey Brin
Net Worth: $31.8B
Source of wealth: Google

20. Li Ka-shing
Net Worth: $31B
Source of wealth: diversified

21. Mark Zuckerberg
Net Worth: $28.5B
Source of wealth: Facebook

22. Michele Ferrero & family
Net Worth: $26.5B
Source of wealth: chocolates

23. Aliko Dangote
Net Worth: $25B
Source of wealth: cement, sugar, flour

23. Karl Albrecht
Net Worth: $25B
Source of wealth: retail

25. Carl Icahn
Net Worth: $24.5B
Source of wealth: investments

26. George Soros
Net Worth: $23B
Source of wealth: hedge funds

27. David Thomson & family
Net Worth: $22.6B
Source of wealth: media

28. Lui Che Woo
Net Worth: $22B
Source of wealth: casinos

29. Dieter Schwarz
Net Worth: $21.1B
Source of wealth: retail

30. Prince Alwaleed Bin Talal Alsaud
Net Worth: $20.4B
Source of wealth: investments

Copied From FORBES

So anyone that tells you dia exist som1, in 9ja dat is richer than that dude, "a joker he is".

According to Otedola (the 3rd or 4th richest Nigerian): "I see him (Dangote) heading towards the rank of the richest man in the world".

The Maryam Abacha theory you quoted was made when Dangote wasn't even in the first 300 list of richest men, today he is in the first 30, and even the 23rd.

Just one of his companies, DangCem, which he owns about 93% stake in, generates a profit of over 300billion naira as at 2013.

Also note that the guy is now investing fully in petroleum drilling/refining, agriculture, telecommunication, and Power.

According to Forbes, he's d richest.. But to us we know he aint the richest, lotta Notherners and southerners are super wealthy, yet u dnt see them or even know them.. *lowkeytins* in Africa, there's dis king that's 5times richer than Dangote! But forbes never listed him cos they sed his wealth is nt genuine blah,blah, blah..

kropelgrada:
Even Dangote himself is usually always humbled in the midst of his northern brothers because he knows that some of them are stupendously wealthy and he still has some catching up to do.
Arab Money

polymathic: According to Forbes, he's d richest.. But to us we know he aint the richest, lotta Notherners and southerners are super wealthy, yet u dnt see them or even know them.. *lowkeytins* in Africa, there's dis king that's 5times richer than Dangote! But forbes never listed him cos they sed his wealth is nt genuine blah,blah, blah..

@ d bolded, any person that is 5x richer than dangote is probably the richest man in the world, $49B richer than Bill Gate.

A king in Africa indeed.

agonbello: Richest black man in the world, richest African in the world. In the whole world combine, only 22pple are richer
than him, plus no single Arab is richer than him. [/b]

Yes i know these facts bro..that is why i said officially he is the richest.
Bt do u how much the owners of these oil blocs make in a day?
why do you think Dangote wants to invest in the oil and gas sector?
It is oil we are talking about here bro.
One of the individually owned oil-bloc is the major producer and exporter of condensate in Nigeria
Mind you condensate export is not regulated by OPEC,so this guys might be producing and exporting 1 million barrels of condensate a day for as much as we know.
Crazier things have happened in Nigeria.

makeitsoon: tell me any one richer than Dangote in nigeria if you know not stories

Good question.

makeitsoon: tell me any one richer than Dangote in nigeria if you know not stories

I can't reply to that cos i clearly stated in my post above that i am not going to mention names.

agonbello:

@ d bolded, any person that is 5x richer than dangote is probably the richest man in the world, $49B richer than Bill Gate.

A king in Africa indeed.

the dude is a king in either morocco or tunisia, can't rem d particular country.. He's super wealthy but forbes couldn't list him cos of some reasons

polymathic: the dude is a king in either morocco or tunisia, can't rem d particular country.. He's super wealthy but forbes couldn't list him cos of some reasons

Bro, try getting your facts straight before giving it out to the public.

1. The net worth of King of Morocco is $2.5Billion. Remember that Dangote donated almost half of that amount ($1.2B) early this year.

2. Tunisia isn't governed by a king, but rather a president. And his net worth is about $145million (less than 1% value of Dangote Cement) which he dangote owns about 93%.