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After Selling His Firm, Ogunlesi Joins Dangote, Adenuga As Billionaire - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessAfter Selling His Firm, Ogunlesi Joins Dangote, Adenuga As Billionaire (1268 Views)

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After Selling His Firm, Ogunlesi Joins Dangote, Adenuga As Billionaire by abc115(op):
After Selling His Firm, 70-yr-Old Nigerian Joins Dangote, Adenuga, Others as Africa's Billionaire .
Nigerian banker and founder of Global Infrastructure Partners (GIP), Adebayo Ogunlesi, pole-vaulted into the ranks of Africa's billionaires with an estimated net worth of $2.3 billion with the sale of his company to BlackRock Inc. at an estimated cost of $12.5 billion. A recent update by Bloomberg reveals that the surge in Ogunlesi's net worth, led by US Larry Fink, ended a historic agreement to acquire the infrastructure firm after the sale to BlackRock

Read more: https://www.legit.ng/business-economy/money/1573433-after-selling-firm-70yr-nigerian-joins-dangote-adenuga-africas-billionaire/e/
Re: After Selling His Firm, Ogunlesi Joins Dangote, Adenuga As Billionaire by kayusely70(m): 9:31am On Jan 17, 2024
Impressive!
Re: After Selling His Firm, Ogunlesi Joins Dangote, Adenuga As Billionaire by Solofresh2: 9:46am On Jan 17, 2024
I will join them too.Na small small
Re: After Selling His Firm, Ogunlesi Joins Dangote, Adenuga As Billionaire by SocialJustice: 10:19am On Jan 17, 2024
Omo
Re: After Selling His Firm, Ogunlesi Joins Dangote, Adenuga As Billionaire by seunjungle1(m): 11:17am On Jan 17, 2024
The arithmetic here is what I'm confused about.
He sold his farm at above 12 billion dollars and his net worth is about 2.5 billion dollars.
Re: After Selling His Firm, Ogunlesi Joins Dangote, Adenuga As Billionaire by YorubaLord: 11:24am On Jan 17, 2024
Yoruba l'agba! cool
Re: After Selling His Firm, Ogunlesi Joins Dangote, Adenuga As Billionaire by PoloG: 11:29am On Jan 17, 2024
Obi cubana and innoson is richer than him tongue
Re: After Selling His Firm, Ogunlesi Joins Dangote, Adenuga As Billionaire by abc115(op): 12:06pm On Jan 17, 2024
seunjungle1:
The arithmetic here is what I'm confused about.
He sold his farm at above 12 billion dollars and his net worth is about 2.5 billion dollars.
Yes , because his interest has been diluted. I.e , although, he is founder, his ownership of the company reduced overtime due to equity investment
Re: After Selling His Firm, Ogunlesi Joins Dangote, Adenuga As Billionaire by Gboss247(m): 3:50pm On Jan 17, 2024
seunjungle1:
The arithmetic here is what I'm confused about.
He sold his farm at above 12 billion dollars and his net worth is about 2.5 billion dollars.
His networth is as a result of the percentage of shares he owned in the business that was sold.
Re: After Selling His Firm, Ogunlesi Joins Dangote, Adenuga As Billionaire by AlphaMogul: 9:20pm On Jan 21, 2024
abc115:
After Selling His Firm, 70-yr-Old Nigerian Joins Dangote, Adenuga, Others as Africa's Billionaire.

Nigerian banker and founder of Global Infrastructure Partners (GIP), Adebayo Ogunlesi, pole-vaulted into the ranks of Africa's billionaires with an estimated net worth of $2.3 billion with the sale of his company to BlackRock Inc. at an estimated cost of $12.5 billion. A recent update by Bloomberg reveals that the surge in Ogunlesi's net worth, led by US Larry Fink, ended a historic agreement to acquire the infrastructure firm after the sale to BlackRock

Read more: https://www.legit.ng/business-economy/money/1573433-after-selling-firm-70yr-nigerian-joins-dangote-adenuga-africas-billionaire/e/
The Nigerian-American, Adebayo Ogunlesi.
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