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Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List - Business (9) - Nairaland

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Dangote Tops Forbes’ 23 African Billionaires List For The 7th Time / Jeff Bezos Overtakes Bill Gates To Become World's Richest Man / Forbes- Top 10 Richest Men In Nigeria 2017 (2) (3) (4)

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Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by DexterousOne(m): 9:07am On Feb 13
Rotimi47:
Dollar billionaire is different from your naira billionaire because it take approximately $2,777,777.78 to become a billionaire in Naira

grin

Which btw is not a bad net worth for a Nigerian In Nigeria
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by DexterousOne(m): 9:09am On Feb 13
hermesprogidy:
Billionaire's club. These are the people that fear Bernie Sanders like coronavirus.

Hahaha


You know it
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by DexterousOne(m): 9:11am On Feb 13
Rumxy:


That is why I never look at any of them as role models. No ingenuity at all except for maybe Dangote because before the FG fiats, be built his business and everyone was seeing the organic growth. Anybody can be a billionaire if gifted oil wells, so no biggie. The real role models should be Elizade, Coscharis, Innoson, the billionaire bank execs like Elumelu, Ovia, Subomi Balogun. These men started from the scratch.

Every man you listed up there got govt patronage too

Just that Dangote was the most strategic

So just cut the B.S.

3 Likes

Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Wendybrown(f): 9:12am On Feb 13
grandstar:


grin grin grin grin grin grin grin grin grin grin grin

There are actually actions he takes that shows he has some serious money not just cheap.

He's married to a Moroccan (exotic taste. Usually associated with people with mad money)

He loves trophy wives.

He has an outsized foundation. He went to Antarctica. He owns a private jet. He isn't loudish like small boys with small cash.





actually you're not far from d truth
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by AMvanquish: 9:16am On Feb 13
Another way to put it, 2 Hausa Men from Kano state make it to Forbes billionaire list.
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Mateen1000: 9:24am On Feb 13
pflourish:

You know nothing about the big guys. Otedola inherited virtually all his money from his father who was a former governor of lagos and he almost squandered it.

Tony Elumelu, Bola Shagaya, Pascal Dozie, TY danjuma, Jim Ovie, Orgi Uzor Kalu... All these guys are all lined up ahead of Otedola when it comes to stupendous wealth in this country.

Forget the media hype about Otedeola and his daughters flashing money for the gram. The man business has not been doing well in the recent years.
I’m not arguing with you but you know nothing at all, So inheritance should not count or what r u typing sef, Read up dangote history his great grandfather and grandfather including his father use to be the richest in Nigeria before his regime, If inheritance doesn’t count, he shouldn’t be recognised then, If you type otherwise again, I’m not reply, Just try and learn, Beside google is ur friend, Never put Otedola in the midst of dose instagram billionaire, Otedola is just Few millions away from being a Billionaire in DOLLARS

4 Likes

Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Ladycewhy(f): 9:25am On Feb 13
DexterousOne:


You want the tax man to open book on their head? cheesy
The more reason why I love them, not everyone can resist the temptation to show off.
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Npower(m): 9:30am On Feb 13
Poor people everywhere, what do you expect from a list compiled by the Poor and struggling. Where is my name there? Me that even Dangote no see my back.

2 Likes

Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Monaco2(m): 9:35am On Feb 13
Koralords:

Forbe list is not authoritative indimi was once’s donated 15m usd to an American university all this you can check online ,
He is a billionaire in $$$


Lol u know nothing about Forbes. Femi otedola donated 5 billion naira equivalent to 13.6 million dollars does dat make him a billionaire in dollars?!?
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by fulanimafia: 9:47am On Feb 13
hammerU:
THE PEOPLE THAT HAVE THE OIL, FROM SS/SE NO SHOW.



NOTHING FOR DEM.



I HOPE U SEE Y BIAFRA IS NECESSARY, MY SS PEOPLE?

Were you so blinded with bigotry to not see that the two Northerners on that list made their billions from Cement under our earth (Abdulsamad's CCNN that is minting him billions is located in Sokoto and uses Sokoto limestone) and had nothing with SS, not to talk of SE audio oil?

Wail on
grin

2 Likes

Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by micimmortal01: 9:47am On Feb 13
Please how much??
Renforce:
Only 4 Nigerians angry
Please...! All our senators should be on that list shocked


Call for our 250,000mAH lithium-ion solar powerbank that could power your TV, laptop, and up to 4 lighting points for up to 10 hours daily
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Renforce: 9:48am On Feb 13
micimmortal01:
Please how much??

76k
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by pflourish(f): 10:12am On Feb 13
Mateen1000:

I’m not arguing with you but you know nothing at all, So inheritance should not count or what r u typing sef, Read up dangote history his great grandfather and grandfather including his father use to be the richest in Nigeria before his regime, If inheritance doesn’t count, he shouldn’t be recognised then, If you type otherwise again, I’m not reply, Just try and learn, Beside google is ur friend, Never put Otedola in the midst of dose instagram billionaire, Otedola is just Few millions away from being a Billionaire in DOLLARS
[sub][/sub]

Putting Otedola in the same category with Nigerian instagram billionaires was pure sacarsm but the truth of the matter is that Otedola's net worth is not even up to $500 Million dollars. You can look him up on the internet or go check his Wikipedia page if you don't have business insiders that can feed you correct info.

Don't be deceived by the hype from musicians & the media. See, the guy is rich but not as people tends to push his net worth beyond the actual worth.

It has been happening for a while now, before after Dangote, clueless people will scream that Otedola is the next but information is at the finger tips now.

Otedola will barely make the list of the richest top 10 Nigeria business men. He is not even in the top 5. The man has been immersed into lot of debts over the past couple of year. He wasted some of his money on prostitutes and he easily gets carried away, he signed some bad deals and went into unprofitable business ventures that made him lose several millions of dollar. Most of the times, it is the prostitutes sent to him by business cronies that enticed him to sign some of these deals. He said he has learnt his lesson now though.
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Mateen1000: 10:32am On Feb 13
pflourish:
[sub][/sub]

Putting Otedola in the same category with Nigerian instagram billionaires was pure sacarsm but the truth of the matter is that Otedola's net worth is not even up to $500 Million dollars. You can look him up on the internet or go check his Wikipedia page if you don't have business insiders that can feed you correct info.

Don't be deceived by the hype from musicians & the media. See, the guy is rich but not as people tends to push his net worth beyond the actually worth.

It has been happening for a while now, before after Dangote, clueless people like will scream that Otedola is the next but information is at the finger tips now.

Otedola will barely make the list of the richest top 10 Nigeria business men. He is not even in the top 5. The man has been immersed into lot of debts over the past couple of year. He wasted some of his money on prostitutes and he easily gets carried away, he signed some bad deals and went into unprofitable business ventures that made him lose several millions of dollar. Most of the times, it is the prostitutes sent to him by business cronies that enticed him to sign some of these deals. He said he has learnt his lesson now though.
Date is very important while making ur search
His Wikipedia hasn’t been updated yet
Otedola just depreciated btw last year and now.
One of the reasons he sold forte oil to clear many debts, Pls make ur research, I’m sure about what I’m talking about

Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Mateen1000: 10:35am On Feb 13
pflourish:
[sub][/sub]

Putting Otedola in the same category with Nigerian instagram billionaires was pure sacarsm but the truth of the matter is that Otedola's net worth is not even up to $500 Million dollars. You can look him up on the internet or go check his Wikipedia page if you don't have business insiders that can feed you correct info.

Don't be deceived by the hype from musicians & the media. See, the guy is rich but not as people tends to push his net worth beyond the actually worth.

It has been happening for a while now, before after Dangote, clueless people like will scream that Otedola is the next but information is at the finger tips now.

Otedola will barely make the list of the richest top 10 Nigeria business men. He is not even in the top 5. The man has been immersed into lot of debts over the past couple of year. He wasted some of his money on prostitutes and he easily gets carried away, he signed some bad deals and went into unprofitable business ventures that made him lose several millions of dollar. Most of the times, it is the prostitutes sent to him by business cronies that enticed him to sign some of these deals. He said he has learnt his lesson now though.
And I’m really glad u said comparing him with those instagram billionaire is sarcasm, Cos that’s my main point of argument, He was and will never be in the same sentence with them.
There are levels to been wealthy
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by ashabella(f): 11:05am On Feb 13
Please where is Otedola o
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by rexandyke(m): 11:12am On Feb 13
These guys should go and rest with their yeye list. See, there are Nigerians who are richer than these guys. Trust me.... Politicians, G-guys and traders who are richer than Alakija are too numerous to mention.


These guys are just people that declared their assets. You no dey hear where dem talk say EFCC recovered $200 billion from one politician? Lol, has it not passed all of these guys mentioned here?

So many traders in Nnewi alone are richer than these guys, talk more of those in Alaba and Idumota. Forget talk guy
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Rotimi47: 11:23am On Feb 13
DexterousOne:


Which btw is not a bad net worth for a Nigerian In Nigeria
True
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Konquest(m): 11:24am On Feb 13
pflourish:

Otedola is in the class with Emoney, Hushpuppi and Mr. Wood berry. More like audio money.
^^^^
^^^^
grin... same class with Emoney and Hushpuppi?

Femi Otedola was on the Forbes list of dollar billionaires right until 2016
so his networth dropped due to inflation and the fact that he has
divested from the shares he had in the oil company [Forte Oil Plc]
of which he was the former chairman.

Forbes also only deals with networths based on prices of stocks
and shares... NOT physical cash.

He has instead recently invested in power generation as part of the
liberalisation of the sector in Nigeria. He has also donated money
running into billions to worthy causes in local currency... so that to
me is the definition of TRUE WEALTH and he earns my complete
admiration!

If Michael Adenuga who is in 3rd position of African-based billionaires opens
up more on his full assets [instead of being reclusive] just like Aliko Dangote
has done, he would most definitely overtake Aliko Dangote based on the
latest billionaire rankings below:
==> https://www.forbes.com/africa-billionaires/list/


Hope this helps.
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by XANDERBOY85: 11:26am On Feb 13
Cherez:

You're a shame
I should school you anyway;
The Igbos don't run an elitist but egalitarian culture unlike other tribes.
You can hardly visit any town and you say this family has been the richest over generations or over 20yrs.
Wealth is spread across board.
Besides this, succeeding the war, every Igbo was handed 20bill (I've got no problem with this since they involved in a war & had to be punished) while the Hausas & Yorubas shared oil monies. The 2 Yorubas up there had oil money especially we all know the story behind Alakija's; it wasn't out of sheer ingenuity but pure political reason.
Kudos to the Igbos from 20bill is strong today

I knew a thread like this will bring out the vile Igbo haters! Just ignore the fools!

What does it profit a monopolistic man if he gains the whole world, but suffers the indignity of his region/ethnicity being declared as the headquarters of poverty in the world!?

The dickheads never factor in the lopsided political-economy that's been in place since the late 60s that has placed the entire country into the pockets of a few individuals from 'chosen' ethnic groups! They go to bed and sleep well insofar as they believe the Igbos are behind them on all fronts, but the moment a Igbo becomes the leader in any sector, they get all restless and start plotting how to either ruin his business or bring him down a peg or two....like we've seen with Air Peace, INNOSON and IBETO cement!
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Johnboom: 11:30am On Feb 13
phil5:
and every other is from US
even as dangote never complete that refinery and fertilizer plant no body fit overtake. after the completion when oil money start pouring in, the rest will be read in history books.
You may not be right. Oil has no place in future. Any one that look inward like manufacturing electric Car would make more money.

1 Like

Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by XANDERBOY85: 11:32am On Feb 13
fulanimafia:


Were you so blinded with bigotry to not see that the two Northerners on that list made their billions from Cement under our earth (Abdulsamad's CCNN that is minting him billions is located in Sokoto and uses Sokoto limestone) and had nothing with SS, not to talk of SE audio oil?

Wail on
grin

He's right!!!

If you guys are such wizards in business, why don't you go form a country of your own and leave us to our 'audio oyel'?

Sourcing of raw materials is just part of running and sustaining a business! A lot has to do with gov't policies and gov't support....especially if you're trying to be monopolistic and run your competitors out of town!
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Rumxy(m): 11:36am On Feb 13
DexterousOne:


Every man you listed up there got govt patronage too

Just that Dangote was the most strategic

So just cut the B.S.

Yes they got government patronage but I was trying to differentiate between the genuine businessmen that showed real ingenuity by building their business from the scratch to the level where they now enjoy government patronage from the oil moguls like Alakija, Indimi, Arthur Eze etc who were all lucky to have military friends that gifted them oil blocks. The only work to do is to get a foreign company to work on the block and share the profits.
For example, I know when coscharis started dealing on auto parts at Aba and Nnewi before relocating to Lagos, Innoson started as a motorcycle and spare parts dealer in Nnewi. We know how and when Subomi, Ovia, Fola Adeola started their banks.

Now as a start up businessman, who would you rather look up to for encouragement in your business? A product of hardwork, perseverance, endurance and patience or the product of luck and opportunity.

1 Like

Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by XANDERBOY85: 11:40am On Feb 13
DexterousOne:


Every man you listed up there got govt patronage too

Just that Dangote was the most strategic

So just cut the B.S.

'Most strategic' my black ass! The main reason he's the richest is because he's Fulani and the Fulani have had Nigeria in their pocket since the late 60s!

I may agree with your argument if you said he trumped his fellow Fulani billionaires like Rabiu because he was the 'most stategic' of the lot of them!
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Kennyswag: 11:47am On Feb 13
Kingscee:

We don't need that, but we're comfortable OK with the little we have, check the names of the billonians and the level of poverty in their regions you'll know what I'm saying
i hope you know the se is the poorest region in southern nigeria?
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by XANDERBOY85: 11:50am On Feb 13
HAKYN1:



Nope, stop the attache by force moreover, south west produces more crude than south east

You come across as being so insecure and pathetic! Why is it that when south-south and south-east are mentioned as one, you get hysterical and go in to a blind state of panic, but when they talk of 'one north' it doesn't register in your Igbo hating brain?

For your information, i'm Igbo and from that so called south-south!
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by DexterousOne(m): 11:51am On Feb 13
XANDERBOY85:


'Most strategic' my black ass! The main reason he's the richest is because he's Fulani and the Fulani have had Nigeria in their pocket since the late 60s!

I may agree with your argument if you said he trumped his fellow Fulani billionaires like Rabiu because he was the 'most stategic' of the lot of them!

You have a lot to learn


That is all I would say
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by DexterousOne(m): 11:54am On Feb 13
XANDERBOY85:


I knew a thread like this will bring out the vile Igbo haters! Just ignore the fools!

What does it profit a monopolistic man if he gains the whole world, but suffers the indignity of his region/ethnicity being declared as the headquarters of poverty in the world!?

The dickheads never factor in the lopsided political-economy that's been in place since the late 60s that has placed the entire country into the pockets of a few individuals from 'chosen' ethnic groups! They go to bed and sleep well insofar as they believe the Igbos are behind them on all fronts, but the moment a Igbo becomes the leader in any sector, they get all restless and start plotting how to either ruin his business or bring him down a peg or two....like we've seen with Air Peace, INNOSON and IBETO cement!

Your last statement exposes your mindset


Air Peace did himself

Ibeto did himself too

And Innoson was not witch hunted either

He had an altercation with his creditors trying to cheat him
That's it

2 Likes

Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Kennyswag: 11:57am On Feb 13
Ladycewhy:
Germans hardly make Forbes list cos they know how to be invincible and off the radar grin,I love those people .
Ode grin who told you that nonsense?? gringrin
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Ladycewhy(f): 12:00pm On Feb 13
Kennyswag:
Ode grin who told you that nonsense?? gringrin
your mama grin
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Monday60655: 12:05pm On Feb 13
One day my name will be there in Jesus name. Amen.
If you also want your name to be among the list one day. Tap by like and Amen.
Re: Forbes 2020 World's Richest: Only 4 Nigerians Make Exclusive Billionaires List by Kennyswag: 12:08pm On Feb 13
Cherez:

Compare N20 for every man from the SE to those of other regions; isn't it commendable what the SE has achieved? N20 a lot of money indeed, the value today could have just been N1,000
Hausa egalitarian? Bros, you are a dreamer; the Hausa is the region with highest gap between the elites and commoners.
Oga, out of the 3 main tribes Igbos are the most egalitarian group you'd ever know
shut up.. £20 was a very big money in the 70s when awolowo gave you guys .. upon all your chestbeating, no igbo man is worth 1b usd..
Bunch of chestbeating gorillas gringrin

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