The President of the Dangote Group, Alhaji Aliko Dangote; and Chairman of Globacom, Dr. Mike Adenuga, saw their net worth declined by $3.2bn and $4.2bn, respectively in the past year, according to Forbes 2017 World’s Billionaires list.

Dangote retained his position as Africa’s richest person in the latest ranking, with a fortune of $12.2bn, although he was ranked 105th as against 51st last year.

The Chairman of Forte Oil, Mr. Femi Otedola; and the Chairman/Chief Executive Officer, BUA Group, AbdulsamadRabiu, were missing on the list. They were worth $1.8bn and $1.1bn, respectively last year.

In 2015, Otedola re-joined the list of African billionaires after a five-year hiatus, with a $1bn fortune.

The net worth of the Founder and Executive Chairman, Famfa Oil Limited, Mrs. FolorunshoAlakija, was unchanged at $1.6bn, coming in the 1,315th position, down from 1,121st last year.

This year, the number of billionaires jumped by 13 per cent to 2,043 from 1,810 in 2016, the first time ever that Forbes has pinned down more than 2,000 10-figure-fortunes.

Their total net worth rose by 18 per cent to a record $7.67tn, with the increase in the number of billionaires described as the biggest in the 31 years that Forbes has been tracking billionaires globally.

Bill Gates is the number one richest for the fourth year in a row, and the richest person in the world for 18 out of the past 23 years. He has a fortune of $86bn, up from $75bn last year.

Amazon’s Jeff Bezos had the best year of any person on the planet, adding $27.6bn to his fortune, and is now worth $72.8bn, moving into the top three in the world for the first time, up from number five a year ago.

Warren Buffett had the second-best year, and the biggest gain since Donald Trump was elected United States President in November 2016. His $14.8bn jump in 12 months was enough for him to grab back the number two spot from Amancio Ortega, founder of Spanish clothing chain, Zara.

Ortega’s fortune was up by $4.3bn since last year, but he still fell to fourth in the world, unable to keep up with the outsize gains of others.

The founder of Facebook, Mark Zuckerberg, moved up to number five for the first time, after his fortune rose by $11.4bn in 12 months.

Carlos Slim of Mexico fell to number six, the first time he’s been out of the top five in a dozen years.

President Trump saw his net worth decline by $1bn to $3.5bn. His position on the Forbes’ ranking dropping 220 spots, leaving him tied with 19 others as the 544th richest person in the world.

There were 195 newcomers, including 26-year-old John Collison, who is now the world’s youngest self-made billionaire, just two months younger than Snapchat’s Evan Spiegel.

There are 56 billionaires under age 40, down from 66 last year, after some aged out and others dropped below the $1bn mark.

The Forbes billionaires list is a snapshot of wealth taken on February 17, and stock prices and exchange rates from around the world were used to calculate their net worth.

http://investorsking.com/dangote-adenugas-net-worth-drops-7-4bn/

when dem money no drop who e EPP?

Coughs*** clears throat# so? when ee high i chop kobo from ham ne?

And some niggas will lose 2m Naira and begin to contemplate suicide.

#AssholesWiseUp

Good luck commot badkluck enter



Buhari sef

U kidding me?

Haters food is ready oooo

Death wey kill alhaji go don scatter mallam.

Regarding adenuga, why wunt he loose when his network is the worst in sub Sahara Africa.. Am sure him himself doesn't use GLO for browsing..
Anyway, God will see common man through..

Lol, e drop e no drop, their accant balance be looking like FG's budget.

Wow, and e no shake them?

Na wao. And some said recession has ended

And Dangote remains Nigeria's richest?


I know some people will come and say Bubu should share the $7.4bn across the 36 states evenly.

Was that why Dangote want to kill us with increment of cement price

Lol...sai baba

so much poverty in the world with all these monies. Some people wee coman tell me there's no devil.

thats what u get wen u voted for change

Hey.....

Why my name is not there? Cos I didn't complain abi?



The topic is: Dangote, Obembe, Adenuga’s Net Worth Drops By $7.4bn

Any we can kill ourself... Life goes on

even if you're the 1 million'th richest man in the world, you're rich

Goldenheart:
Haters food is ready oooo

calm waters don't make great sailors.

Good environment don't make great business men.. these guys have risen because of the good environment govt has provided over the years ...it's about time they work hard like us down east

So Someone Stole A White Goat And Dyed It Black And The Owner Came Claiming She Knows The Smile Of Her Goat....What's this world turning into? aah well

When an idiot rules over an economy, even the rich cry

Na him I nearly get heart attack for how much when I loose from MMM chai.... there is work to do.. oluwa bless my hustle

I don't kia

And I am here with just three hundred naira with a wife and a son. Nna I need to triple my hustle to make the list next year. With God on our side nothing is impossible. God bless me and my fellow nairalanders

"There are 56 billionaires under age 40, down from 66 last year, after some aged out and others dropped below the $1bn mark."

Baba God.. pickup my call.... These are not Naira billionaires.. hmm!

Happen dey nothing

it's time to start including politics! With the money release yesterday most governors can be topping this list

Hey_gawd.

owu na bastard. i lost 1k to merrybet yesterday nd i no fit chop.

all d same, God ll hear our prayers nd enrich us but all so, we mst work hard

I'm not in this habit but BUHARI why?

.