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N3TRAL:
You begin to comprehend how wealthy the likes of Dangote, Bua and Adenuga are when you understand that despite Otedola and Elumelu being wealthier than some African countries, they're not rated by Forbes as dollar billionaires.

Ote isn’t a dollar billionaire?

KingKO22:
Only poor Nigerians are engaged in appalling tribalistic war while the riches are making more allies in order to make more money irrespective of tribe

You are one of the problems of this forum because you are one of the leaders the skit maker's tribal troop here.

Imagine pot calling kettle black!

KingKO22:
Only poor Nigerians are engaged in appalling tribalistic war while the riches are making more allies in order to make more money irrespective of tribe

The 3rd class supporters already said they'll withdraw all their Pangolo money from uba, like say nah their money them dey talk..

Bragging nah their logo

N3TRAL:
You begin to comprehend how wealthy the likes of Dangote, Bua and Adenuga are when you understand that despite Otedola and Elumelu being wealthier than some African countries, they're not rated by Forbes as dollar billionaires.

I keep wondering too

Aderewah:
Lol. Otedola is richer than every person in nnewi combined

You wished. 😂 Clowns kind of statement 🤡

Aderewah:
Lol. Otedola is richer than every person in nnewi combined

See mumu

post=122598340:
Otedola is second largest shareholder after Tony Elumelu who through UBA control 9.3 shares, Tony Elumelu through Hair holding control 3.5 shares in Transcorp

Otedola is the highest "individual" shareholder. The highest shareholder is the UBA. UBA holds the largest share as a company/ corporate person not a human person. Elumelu himself does not control 100% of UBA stocks.

[quote author=N3TRAL post=122594739]You begin to comprehend how wealthy the likes of Dangote, Bua and Adenuga are when you understand that despite Otedola and Elumelu being wealthier than some African countries, they're not rated by Forbes as dollar billionaires. [where these men gat this money?]

Basicend:
Transcorp that is a dead conglomerate.

A very dead brand from the onset.

Femi, has some old accumulations from Nigeria's crude reserves but he is not so much a wise investor.

He was a FBN, and he left. . Where is his outlay in Forte/AP?

He got his significant wealth from the oil block that FG allocated to him. . Not that he was so inventive or creative.

If you know how pump and dump works, you won't be saying all these thrash that you just typed. Look at Geregu when Otedola came in and check the valuation now.

post=122598340:
Otedola is second largest shareholder after Tony Elumelu who through UBA control 9.25 shares, Tony Elumelu through [b]Hair holding control 3.5 shares in Transcorp[/b]

Hair?

Rahkman:
Otedola is no more a billionaire in dollars and is far below elemelu in networth .....but yorubas are not ready for that discussion

No talk am outside oo..Tony ain't worth 700m..dolls but ote should be around 900mill

RenegadeX:
How do I marry one of these men daughters so that I can get the transfer of generational wealth

Well, just get ready to be washing bra, socks, toiletries and cars. .

Technically, get ready to become a laundry and errand boy for the family. .

So, work on your humility and readiness to swallow shit before signing.

BigDawsNet:
I'm the next

I will take over everything in the next 5 years

Money rituals will not give you the type of billions these guys have

RenegadeX:
How do I marry one of these men daughters so that I can get the transfer of generational wealth

It doesn't work that way, their wealth goes to their daughters and their grand children. Marrying their daughters does not automatically mean you own the wealth they transferred to their daughters

uncleck:
Money men. Whereas some people are here defending their ancestors for 30/month

That's why I advise you to concerntrate in your life so that you will stop begging for food like those before you

Blitzking:

No talk am outside oo..Tony ain't worth 700m..dolls but ote should be around 900mill

otedola is worth 250m max he lost alot investing in that geregu power plant

FO has taken Transcorp from Tony Elumelu.

The diversified conglomerate’s 273,104,041 issued share capital was owned by Mr Elumelu, chairman of Transcorp Corporation, according to the audited result and accounts for the period ended December 31, 2022.


For more than 10 years, TOE could have bought more Transcorp shares.

I am surprised at how little his shares are in a company with almost 40 billion free float where he is the Chairman since 2012. Haba!

Having more shares in your own company is the best proof that you have a skin in the game.
check my signature for free stuffs!

post=122598340:
Otedola is second largest shareholder after Tony Elumelu who through UBA control 9.25 shares, Tony Elumelu also through Hair holdings control another 3.5 shares in Transcorp

Elumelu has less 10% of UBA, the 9.25% of Transcorp owned by UBA is the beneficial investment of the over 200,000 shareholders of UBA.

Good stuff sadly I never trusted the shares so didn't buy much

N3TRAL:


https://www.google.com/amp/s/www.thisdaylive.com/index.php/2023/04/13/with-5-5-stake-femi-otedola-emerges-transcorps-largest-individual-shareholder/amp/

Elumelu is also involed in transorp..?

Hmmm

Wow! Congratulations to him. In the meantime I'm enjoying the pure listening freedom and other innovative features that comes with the oraimo freepod 4.

Elumelu is from the south south(Niger delta) before u start ur bigotry mentality

Rahkman:
Otedola is no more a billionaire in dollars and is far below elemelu in networth .....but yorubas are not ready for that discussion

N3TRAL:


Otedola is the highest "individual" shareholder. The highest shareholder is the UBA. UBA holds the largest share as a company/ corporate personality not a human person. Elumelu himself does not control 100% of UBA stocks.

Not UBA bank, UBA nominees by Elumelu family control 9.25% of Trascorp also Elumelu own shares through Heirs holding

Money men, their topic na always more money kawaii

Nawttiboi007:
Elumelu is from the south south(Niger delta) before u start ur bigotry mentality

south south or nigerdelta is not classified in any world record as a name of a distinct tribe in any part of Africa its just like saying Dino melaye is from middle belt or saraki is from North West? Does it make sense to you?

post=122598660:

Not UBA bank, UBA nominees by Elumelu family control 9.25% of Trascorp also Elumelu own shares through Heirs holding

Otedola is the highest individual shareholder. UBA nominees isn't owned 100% by Elumelu.

emmanuelewumi:



Elumelu has less 10% of UBA, the 9.25% of Transcorp owned by UBA is the beneficial investment of the over 200,000 shareholders of UBA.

Not UBA babk, UBA nominees limited was registered as a private unlimited company by Elumelu in 2007 it control 9.25% of Transcorp

Basicend:
Transcorp that is a dead conglomerate.

A very dead brand from the onset.

Femi, has some old accumulations from Nigeria's crude reserves but he is not so much a wise investor.

He was a FBN, and he left. . Where is his outlay in Forte/AP?

He got his significant wealth from the oil block that FG allocated to him. . Not that he was so inventive or creative.

You don’t Femi Otedola, hustler No 1.

N3TRAL:


Otedola is the highest individual shareholder. UBA nominees isn't owned 100% by Elumelu.

He is not

Tony Elumelu is not Igbo Please! This your desperate attach by force is sickening and nauseating

Stick with ur Cubana, Eze etc the audio/online billionaires

LaughterLA:

Igbo man and yoruba man
U will never see dem fighting
But people begging to feed are the ones fighting on nairaland shouting Yoruba ronu
Tufiakwa