Gamesmart:


Cretin, so you finally went to Google what an "industry" is?

So why did you list "Vitafoam,Honeywell,Sigma Paint,First bank,,Zenith bank" (without spacing by the way) as industries?

Moooron!

Now see where the cretinous, illiterate, dimwit, course-mate of LeonSaab went to copy and paste verbatim what an industry is from, to fake that he knows and went to school:

https://www.vocabulary.com/dictionary/industry

Foooooooooool!



Na you daft ass dey call persin hawker?

Foooool does not know what "industry" means.

Yorubas are the most savvy and real business men we have in Nigeria.
Please,if you have anybody that has businesses with a lifespan of up to even 35 years in Nigeria.Pls,mention him,her or the people other than the Yorubas who have businesses that have been established more than 100,90,80,70 years and still counting.
They are also the only group with multibillion dollars businesses abroad.

They are the only ones with group businesses in Nigeria that are still surviving..

Ofemannnu:

Yorubas are the most savvy and real business men we have in Nigeria.
Please,if you have anybody that has businesses with a lifespan of more than 40 or 50 years in Nigeria.Pls,mention him,her or the people other than the Yorubas who have businesses that have been established more than 100,90,80,70 years and still counting.
They are also the only group with multibillion dollars businesses abroad.

They are the only ones with group businesses in Nigeria that are still surviving..

Daftee, I have exposed your stupidity and plagiarism.

Reeetard!

maridrug:

Doesn't he worth it?

Of course he does. Its the person nominating him that I'm talking about.

Gamesmart:


Daftee, I have exposed your stupidity and plagiarism.

Reeetard!

Yorubas are the most savvy and real business men we have in Nigeria.
Please,if you have anybody that has businesses with a lifespan of more than 40 or 50 years in Nigeria.Pls,mention him,her or the people other than the Yorubas who have businesses that have been established more than 100,90,80,70 years and still counting.
They are also the only group with multibillion dollars businesses abroad.

They are the only ones with group businesses in Nigeria that are still surviving..

grandstar:


It should.

The six founding members are majority shareholders- that means they own over 50% of the firm. If 50% was shared equally between the 6, that would mean each partner holds a 8.33% stake catapulting him to billionaire status.

The partners may nor have equal shareholding. The exact shareholding would define his net worth

https://www.wsj.com/business/deals/blackrock-to-buy-global-infrastructure-partners-for-12-5-billion-22f8e3d9

Where is the copy and paste?

The founding partners launched GIP in 2006, raising more than $5 billion. Within a few years they owned London’s Gatwick and City airports, as well as Edinburgh’s, and have since invested in gas pipelines, offshore wind farms, power plants and port operators.

Ogunlesi, who is chief executive officer, is calculated to have a 17.5% stake by the Bloomberg Billionaires Index and a total fortune of about $2.3 billion. An equal split of GIP’s $12.5 billion acquisition price would give the firm’s 27 other partners stakes worth more than $380 million each.

Source: Financial Post

Gamesmart:


There 6 founding partners, but there is NO CHANCE the firm became this big without institutional investors' money.

I doubt the 6 founders own up to 10% of the business. Even the founders of BlackRock that is buying them do not own more than 1% of BlackRock combined. Institutional investors own about 80% of BlackRock and all employees are given shares.

The founders of BlackRock actually have only like 0.10% to 0.30% (the highest share percentage owned by any of the founders).

So the likelihood Ogunlesi owns more than 5% of GIP is very slim to none.

https://www.bloomberg.com/news/articles/2024-01-12/blackrock-deal-mints-gip-fortunes-led-by-ogunlesi-s-billions

Bloomberg pegged Ogunlesi's GIP stake at 17.5%. The sale lobbed him into the Three Comma club. Estimated net worth of $2.3B.

-Lord

Oshokhai69:
The founding partners launched GIP in 2006, raising more than $5 billion. Within a few years they owned London’s Gatwick and City airports, as well as Edinburgh’s, and have since invested in gas pipelines, offshore wind farms, power plants and port operators.

Ogunlesi, who is chief executive officer, is calculated to have a 17.5% stake by the Bloomberg Billionaires Index and a total fortune of about $2.3 billion. An equal split of GIP’s $12.5 billion acquisition price would give the firm’s 27 other partners stakes worth more than $380 million each.

Source: Financial Post

Will you not make amends for the rude statements spouted earlier? Where is your apology?

-Lord