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Nairaland Forum / Nairaland / General / Business / Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man (959 Views)
BUA CEO, Rabiu Samad Overtakes Adenuga As Nigeria’s Second Richest Person / Abdulsamad Rabiu Becomes Nigeria’s Second Richest Man, Now Worth $7.2 Billion / Bernard Arnault Replaces Bill Gates As World’s Second Richest Man (2) (3) (4)
Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by garfield1: 12:37am On Oct 18, 2022 |
Nigeria now has a new number two in the list of Nigeria’s richest billionaires and he is Abdulsamad Rabiu. Rabiu unseated telecoms magnate Mike Adenuga to second place after his investments increased his account balance by N87bn in hours. Aliko Dangote remains undisputed as Nigeria’s richest man, and he is the only Nigerian named among the world’s top 400 billionaires. Abdulsamad Rabiu, the founder and chairman of BUA Group, is now the second richest man in Nigeria. He assumed the position on Friday evening after his wealth increased from $5.3billion to $5.5billion. This represents a $200 million (87 wealth gain after just 8 hours of trading activities on the stock exchange. Forbes data shows that Mike Adenuga, who started the week in second, is now third with also $5.5billion networth to sit as the 432 richest men in the world. While on the other hand, Mike Adenuga has been having a tough 2022 and data from Forbes shows his wealth has dropped by more than $1billion. Adenuga started the year with $6.6billion. He is ranked as the third richest man in Nigeria and 433 in the world. Dangote remains top Meanwhile, Aliko Dangote remains the richest man in Nigeria, with a total net worth of $12.4billion. On Friday, he lost about $7 million of his wealth as his company continued to battle to retain ownership of his biggest cement factory in Africa. In total, Dangote Cement has the capacity to produce 48.6 million metric tons annually and has operations in 10 countries across Africa. When Dangote’s refinery becomes operational, it is expected that his wealth will reach another high. https://www.google.com/url?sa=t&source=web&rct=j&url=https://thenationalpilot.ng/2022/10/17/abdulsamad-rabiu-overtakes-mike-adenuga-as-nigerias-second-richest-man-after-making-over-n87bn-in-hours/&ved=2ahUKEwjZrO-Wtuj6AhWNGuwKHQZ7CooQFnoECAkQAQ&usg=AOvVaw1HAE5zjSJraollGiFwsvAk Mynd44 Lalasticlala Mukina2 Dominique Helinues Kinematics Blackpanda Kyase Fergie001 Angelfrost Oghenaogie Ojiofor Quotasystem |
Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by garfield1: 12:49am On Oct 18, 2022 |
Adenuga is plummeting |
Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by biggy4joe(m): 12:54am On Oct 18, 2022 |
Lol funny people,they call themselves businessmen or entrepreneurs but na dem be really our problem 3 Likes |
Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by cherishmichael: 12:56am On Oct 18, 2022 |
Na them sabi |
Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by FreeStuffsNG: 12:58am On Oct 18, 2022 |
garfield1:Chief Adenuga is actually doing great! From telcos adoption that has increased to oil prices which had remained high for like a year now yet those aspects of his wealth are not on the stock exchange same as Glo. The Conoil plc is only the downstream section. Samad listed BUA foods and BUA cement so his assets can be easily evaluated based on their share prices. Regardless , congrats to Alhaji Samad! 2 Likes |
Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by Nobody: 1:02am On Oct 18, 2022 |
Cool our time is coming |
Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by gaby(m): 1:24am On Oct 18, 2022 |
I dey come for una Na government and our looter's dey use una as fronts...we go do our own legit and with brain... We are cumin to dethrone y'all enemies of the citizens with your blood monies.. 1 Like |
Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by Urheadmaster(m): 2:05am On Oct 18, 2022 |
biggy4joe: How are businessmen or entrepreneurs really your problems |
Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by Aareakinwunmi(m): 5:26am On Oct 18, 2022 |
Aareakinwunmi is also coming |
Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by RoyalBlu(f): 5:33am On Oct 18, 2022 |
Overtaking is allowed. |
Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by shortIGBOman: 5:46am On Oct 18, 2022 |
Eyahhh. No IGBO man made the list of the 20 richest Nigerians. But them no go allow us hear word online.
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Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by sukar886: 10:06am On Oct 18, 2022 |
shortIGBOman:Mumu how much u get , poor thing , show ur account balance let's start from you... Tribalism go kee u |
Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by Donmobi(m): 10:19am On Oct 18, 2022 |
shortIGBOman:But na igbo dominate top 20 |
Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by shortIGBOman: 11:47am On Oct 18, 2022 |
Donmobi: Yes. Na them dominate top of criminals with money
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Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by shortIGBOman: 11:49am On Oct 18, 2022 |
sukar886: My account balance is my private property. The thing pain this Emeka well well.
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Re: Abdulsamad Overtakes Adenuga As Nigeria's Second Richest Man by garfield1: 12:35pm On Oct 18, 2022 |
Up rabiu |
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