Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,152,749 members, 7,817,066 topics. Date: Saturday, 04 May 2024 at 02:43 AM |
Nairaland Forum / Nairaland / General / Politics / Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th (1448 Views)
Coronavirus: Lagos Has Broken The Circle Of Transmission - Health Commissioner / APC Expects 6,800 Delegates Tomorrow / Bridge At Ojota, Lagos Has No Rails. Death Trap For Students & Passersby (Pics) (2) (3) (4)
(1) (Go Down)
Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by sarrki(m): 9:00am On Jul 28, 2017 |
Lagos, the former capital of Nigeria has been ranked the fourth wealthiest city in Africa. With no other Nigerian cities listed in the ten-city fortune club, the nation’s commercial nerve-centre automatically clinches the wealthiest spot among Nigerian major cities. In a report by AfrAsia Bank and New World Wealth, Lagos, considered to be home to US$120 billion Africa’s wealth, is only topped by two South-African cities; Johannesburg and Cape Town as well as Egyptian city of Cairo. The Nigerian state is unofficially believed to be most populous too in the country. Four billionaires in dollars are mentioned to be resident in Lagos, with 360 multi-millionaires and 6,800 millionaires. Two Forbes-recognized wealthiest Nigerians, Femi Otedola of Zenon Oil and Mike Adenuga of Globacom reside in Lagos. Africa’s richest man, Aliko Dangote also has investment in the city. The report says by “Total wealth”, it refers to the “private wealth held by all the individuals living in each city. It includes all their assets (property, cash, equities and business interests) less any liabilities. We exclude government funds from our figures.” Cities ranked below Lagos include, Nairobi in Kenya, Luanda, Durban, Pretoria, Casablanca and Accra. While Nigeria, Ghana, Morocco, Egypt, Angola and Kenya have a city each to their fortune consideration, South-Africa has five of its cities listed, making it the richest country in Africa. Highlight of the report; Johannesburg: Total wealth held in the city amounts to US$245 billion. Home to 18,200 millionaires (HNWIs), 970 multi-millionaires and 2 billionaires. Our figures for Johannesburg include Sandton. Major sectors in the city include: financial services (banks, accountancies, insurance), professional services (law firms), construction, telecoms and basic materials. Cairo: Total wealth held in the city amounts to US$140 billion. Home to 8,900 millionaires, 480 multi-millionaires and 5 billionaires. Major sectors in the city include: real estate & construction, financial services and basic materials. Cape Town: Total wealth held in the city amounts to US$135 billion. Home to 8,200 millionaires, 440 multi-millionaires and 2 billionaires. Major sectors in the city include: real estate, financial services (fund management), retail and tourism. Cape Town is also a second home hotspot for the wealthy with over 1,500 multi-millionaires living in the city during peak holiday months (many of these individuals are from outside South Africa). Lagos: Total wealth held in the city amounts to US$120 billion. Home to 6,800 millionaires, 360 multi-millionaires and 4 billionaires. Major sectors in the city include: real estate & construction, telecoms, transport, financial services and basic materials. Nairobi: Total wealth held in the city amounts to US$55 billion. Home to 6,800 millionaires and 280 multi-millionaires (no billionaires). Major sectors in the city include: financial services, real estate & construction, retail, tourism, FMCG, telecoms and basic materials. Luanda: Total wealth held in the city amounts to US$48 billion. Home to 4,100 millionaires, 240 multi-millionaires and one billionaire. Major sectors in the city include: real estate & construction, transport and basic materials (oil & gas). Durban: Total wealth held in the city amounts to US$46 billion. Home to 3,200 millionaires, 130 multi-millionaires and one billionaire. Our figures for Durban include Umhlanga, Ballito, Zimbali and La Lucia. Major sectors in the city include: real estate, finance, healthcare, construction, retail and transport. Pretoria: Total wealth held in the city amounts to US$42 billion. Home to 2,600 millionaires and 110 multi-millionaires (no billionaires). Major sectors in the city include: basic materials, manufacturing and financial services. Casablanca: Total wealth held in the city amounts to US$40 billion. Home to 2,300 millionaires, 110 multi-millionaires and 2 billionaires. Major sectors in the city include: basic materials, manufacturing and financial services. Accra: Total wealth held in the city amounts to US$35 billion. Home to 2,300 millionaires and 100 multi-millionaires (no billionaires). Major sectors in the city include: basic materials, manufacturing and financial services.” http://tribuneonlineng.com/lagos-4-billionaires-360-multi-millionaires-6800-millionaires-%e2%80%a2ranks-4th-wealthiest-africa |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by sarrki(m): 9:01am On Jul 28, 2017 |
Eko onibaje Ile odua onidaru God bless the Omoluabis God Bless Federal Republic Of Nigeria 4 Likes 1 Share |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by Nobody: 9:04am On Jul 28, 2017 |
Four of the top 10 richest people in Nigeria are of Yorùbá descent (3 Hausas and 3 ibos) The only 2 Nigerians on the richest black women in the WORLD list are of Yorùbá descent : Folorunsho Alakija and Bola Shagaya But some idiots and petty traders go still talk say na them hustle pass Yorùbás are humble achievers, we don't make noise like deranged monkeys. 6 Likes 1 Share
|
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by madridguy(m): 9:05am On Jul 28, 2017 |
Noted. 1 Like |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by Basic123: 9:06am On Jul 28, 2017 |
That of lagos is underestimated! 2 Likes 1 Share |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by sarrki(m): 9:07am On Jul 28, 2017 |
Basic123: God will bless you beyond your imagination 2 Likes 1 Share |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by Evablizin(f): 9:09am On Jul 28, 2017 |
sarrki: Seconded 3 Likes 1 Share |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by sarrki(m): 9:10am On Jul 28, 2017 |
madridguy: Baba Aku orire ooo Orire na abawa kale Omoluabis are great and wonderful, Resilient, peaceful, Accommodating, Energetic, Resourceful, Educationists, Reliable,Articulate and Dependable 3 Likes 1 Share |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by sarrki(m): 9:13am On Jul 28, 2017 |
neoShinto: Beeeeni baba Mi God will bless you You are a patriot 3 Likes 1 Share |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by madridguy(m): 9:14am On Jul 28, 2017 |
Ameen. This is a great news and I pray we top the list someday. sarrki: 1 Like 1 Share |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by sarrki(m): 9:15am On Jul 28, 2017 |
madridguy: We will sire We will get there |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by Evablizin(f): 9:18am On Jul 28, 2017 |
Wow Lagos the centre of Excellence 2 Likes 1 Share |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by madridguy(m): 9:19am On Jul 28, 2017 |
1 Like 1 Share |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by sarrki(m): 9:19am On Jul 28, 2017 |
2 Likes 2 Shares |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by Naijiant: 9:25am On Jul 28, 2017 |
“The test of our progress is not whether we add more to the abundance of those who have much, it is whether we provide enough for those who have little”. Franklin D Roosevelt 1 Like 1 Share |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by sarrki(m): 10:34am On Jul 28, 2017 |
Naijiant: Naso my bro We are waiting for baba lalasticlala to take it to promise land |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by sunnyb0b0(m): 10:37am On Jul 28, 2017 |
sarrki: There are more than 10 legit dollar billionaires living in Lagos. Forget Forbes and Co. |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by wristbangle: 10:41am On Jul 28, 2017 |
sarrki: It was on FP yesterday egbon |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by freshest4live: 10:56am On Jul 28, 2017 |
I thought there was already a thread on this. |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by lastcall: 10:58am On Jul 28, 2017 |
neoShinto:You are obviously a child |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by sarrki(m): 10:59am On Jul 28, 2017 |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by Nobody: 11:47am On Jul 28, 2017 |
God bless the works of my hands to be counted among the billionaires.
I will Never be ungrateful to you Lord. |
Re: Lagos Has 4 Billionaires, 360 Multi-millionaires, 6,800 Millionaires •ranks 4th by lalasticlala(m): 1:17pm On Jul 28, 2017 |
(1)
Atiku Reacts To Pastor Sam Adeyemi’s Opinion On #endsars / Nigerian Man Who Protested Alone In Australia Delivers A Strong Message (video) / 2019: Atiku Abubakar Mocks Muhammadu Buhari’s ‘next Level’ Campaign
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 34 |