Forbes has listed Nigerian businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola, as the top richest Nigerians in 2024.

This comes as the combined wealth of Nigeria’s top three richest businessmen dropped slightly by 11.23 per cent to $25.3bn, according to the Forbes Real-Time Billionaires released on Tuesday.

The three Nigerians are the President/Chief Executive of the Dangote Group, Aliko Dangote; BUA Group Chairman, Abdul Samad Rabiu, and Globacom boss, Mike Adenuga.

The figure was a reduction of $3.2bn from $28.5bn recorded by the business moguls in 2023.

A breakdown shows that the fortune of the founder of Dangote’s group reduced slightly from $14.2bn in 2023 to $13.4bn.

The wealth of the chairman of BUA group also reduced marginally to $5.2bn in 2024 from $8.2bn in 2023 while Adenuga’s fortune increased from $6.1bn to $6.7 billion within one year.

Meanwhile, Nigerian business magnate, Otedola, was listed as a new entrant to the billionaire list with a total net worth of $1.4bn

On the list, Dangote,ranked at number 144, was described as the richest man in Africa and the richest Black man in the world.

His business empire, Dangote Group, is one of the largest private-sector employers in Nigeria as well as the most valuable conglomerate in West Africa.

Adenuga, ranked at number 409 n the Forbes list, is a Nigerian billionaire businessman, his company Globacom is Nigeria’s second-largest telecom operator and also has presence in Ghana and Benin Republic.

He owns stakes in the oil exploration firm, Conoil.

Forbes estimated his net worth at $6.7bn in 2024.

Rabiu is a Nigerian billionaire businessman and philanthropist, the founder and chairman of BUA Group, a Nigerian conglomerate concentrating on manufacturing, infrastructure and agriculture and producing a revenue in excess of $2.5bn and was ranked at number 581 in the Forbes list.

While, Otedola is a Nigerian businessman and philanthropist and the current executive chairman of Geregu Power Plc


He is ranked at number 2,152 with a networth of $1.4bn

He is the founder of Zenon Petroleum and Gas Limited, and the owner of a number of other businesses across shipping, real estate and finance.

He has recently invested in power generation as part of the liberalisation of the sector in Nigeria.

According to Forbes, there are 2,781 individual billionaires globally.

It labelled 2024 as a year for the planet’s billionaires, whose fortunes continue to swell as global stock markets shrug off war, political unrest and lingering inflation.

Forbes said, “There are now more billionaires than ever: 2,781 in all, 141 more than last year and 26 more than the record set in 2021. They’re richer than ever, worth $14.2tn in aggregate, up by $2tn from 2023 and $1.1tn above the previous record, also set in 2021. Two-thirds of the list’s members are worth more than a year ago; only one-fourth are poorer.

“Much of the gains come from the top 20, who added a combined $700bn in wealth since 2023, and from the U.S., which now boasts a record 813 billionaires worth a combined $5.7tn. China remains second, with 473 (including Hong Kong) worth $1.7tn, despite weak consumer spending and a real estate bust that helped wipe out $200bn in wealth and knocked 89 billionaires from the ranks. India, which has 200 billionaires (also a record), ranks third.”

“In all, 265 fresh faces are new to the World’s Billionaires. The richest of all is Italy’s Andrea Pignataro, a former Salomon Brothers bond trader behind financial software firm ION Group. He’s worth an estimated $27.5bn.”

According to th magazine, other notable newcomers include the founder of the Raising Cane’s fast-food chain Todd Graves ($9.1bn); Maggie Gu, Molly Miao and Ren Xiaoqing ($4.2bn each); three cofounders of fast-fashion giant Shein; iconic high-heel designer Christian Louboutin ($1.2bn); and Elon Musk pal, and Tesla and SpaceX investor, Antonio Gracias ($1.1bn).

It stated that its “World’s Billionaires list” was a snapshot of wealth using stock prices and exchange rates from March 8, 2024.

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Our chest beating blodas no dey?

Bestmanfornow:

It was released yesterday only Dangote made the list, make una keep deceiving yourselves with media propaganda, Dangote was 144 on the list open the link to confirm
https://www.forbes.com/sites/chasewithorn/2024/04/02/forbes-worlds-billionaires-list-2024-the-top-200/?sh=1bb8f2fd430a

LegendHero:


Lol Anambra village boy. Na envy go kill you.

Illiteracy is a disease. The link you shared showed top 200 and that was why Adenuga and Otedola were not there.

Below is the full list of all recognized billionaires from Forbes and they are there.

If my tribe is not there too, I will definitely cry like you.

https://www.forbes.com/real-time-billionaires/#38f205953d78

LegendHero:


Lol Anambra village boy. Na envy go kill you.

Illiteracy is a disease. The link you shared showed top 200 and that was why Adenuga and Otedola were not there.

Below is the full list of all recognized billionaires from Forbes and they are there.

If my tribe is not there too, I will definitely cry like you.

https://www.forbes.com/real-time-billionaires/#38f205953d78

LegendHero:


Lol Anambra village boy. Na envy go kill you.

Illiteracy is a disease. The link you shared showed top 200 and that was why Adenuga and Otedola were not there.

Below is the full list of all recognized billionaires from Forbes and they are there.

If my tribe is not there too, I will definitely cry like you.

https://www.forbes.com/real-time-billionaires/#38f205953d78

Bestmanfornow:

This was list released yesterday, check the date 😂

https://www.forbes.com/sites/chasewithorn/2024/04/02/forbes-worlds-billionaires-list-2024-the-top-200/?sh=1bb8f2fd430a

Lizzysamuel:


This was not the list released yesterday.

Bestman is correct.

Only 200 people made it to the list and Dangote stood at 144 with $13.4b networth.

LegendHero:


Oga, Forbes list is real-time and it changes by the minute.

So what they do is to just release adhoc list like top 10 in Africa, top 200 in the world, top 50 in Asia and etc.

The link I sent to you is the real-time list. You can also extract your own data from it and publish your own news.

So hope you learn something new?

Lizzysamuel:


Only 200 people made it to the list and Dangote stood at 144 with $13.4b networth.

Bestmanfornow:

Keep fooling yourself, men are on low key, he tried to flex muscle with Elumelu he placed him in his position, you guys only make noise on media🤣🤣

LegendHero:


Check the news from OP. What number did they put Otedola and Adenuga? You can see their number is 400+ in the list of billionaires in the word.

On Forbes, there are currently over 3000+ billionaires.

Dangote was 129 on the list which explained why only that one showed in your report since it’s just top 200 that was covered.

Bestmanfornow:

There are more than 10 Igbos far richer than Otedola choose to remain low

LegendHero:


Lol if I were you too, I will use laughter to cover my tears.

No Ibo man dead or alive have ever been featured on the Forbes billionaire database. If I were you too, I will be crying.

https://www.forbes.com/real-time-billionaires/#18a064273d78

LegendHero:


I know about 5000 Yoruba that are richer than Dangote. They just don’t like noise that’s why they dey lowkey.

I even heard there are like 25000 Hausa/Fulani that can buy Elon musk and collect change back.

Bestmanfornow:

Forbes isn't tool to measure wealth, it's just a media company
Otedola is far below these Igbo guys, the choose to live on low key
Ernest Azudialor Nestoil
Benedict Peters Aiito Oil
Tony Elumelu. Trascorp
Gabriel Ogbechie Rain Oil
Arthur Eze Oranto
ABC Orjiakor founder Seplat
Allen Onyema Airpeace

Bestmanfornow:

Na so🤣🤣🤣

LegendHero:


Forbes is the recognized body that publish billionaire stats and they’ve been doing it for 37 years.

You know why they are the source of truth? Because anybody can come online and say my dad have $25billion and he is the richest. How do you validate this? They have Forbes that do all neccessary research.

All those you mention never see $billion as networth for their life before, abi you think na Biafla pounds we dey talk about?

Bestmanfornow:

And Otedola don see? Please list his investments let us compare with one of these guys

LegendHero:


You never even heard a new one. Do you know that Nigerians are actually the richest in the world? We just don’t like to brag.

I personally know 500 billionaire and they are all selling fanyogo and gala on the street of Lagos. These guys can buy Elon Musk Tesla company and still have $400 billion left.

No try Nigerians oo. They just don’t like show off.

Bestmanfornow:

No time for your back and forth,list Otedola investments let us compare since he worth $billion

Bestmanfornow:

Forbes isn't tool to measure wealth, it's just a media company
Otedola is far below these Igbo guys, the choose to live on low key
Ernest Azudialor Nestoil
Benedict Peters Aiito Oil
Tony Elumelu. Trascorp
Gabriel Ogbechie Rain Oil
Arthur Eze Oranto
ABC Orjiakor founder Seplat
Allen Onyema Airpeace

raskymonojendor:

Aside Elumelu that's a millionaire in dollars, the others are millionaires and billionaires in Naira at best.

I am suprised you forgot to add your Emoney and the other one that runs a club. Lol.