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Number Of Dollar Millionaires & Billionaires In Africa - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessNumber Of Dollar Millionaires & Billionaires In Africa (19454 Views)

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Re: Number Of Dollar Millionaires & Billionaires In Africa by Omalicious1: 5:58pm On Aug 30, 2025
DrMB:
Which countries are breeding the continent’s millionaires, and why do some cities attract billionaires while others lag behind?
Is Nigeria, Africa’s largest economy, punching above its weight or falling short when it comes to creating extreme wealth?
And what do these numbers reveal about inequality, opportunity, and the future of Africa’s economic elite?
It's like Nigeria just joined the what's app group yesterday
Re: Number Of Dollar Millionaires & Billionaires In Africa by Dottore: 5:58pm On Aug 30, 2025
This is in no way a true reflection of the statistics of dollar millionaires especially in Nigeria
Re: Number Of Dollar Millionaires & Billionaires In Africa by givedemwotowoto: 5:59pm On Aug 30, 2025
creativejagaban:
Yeah, I agree, you mean the druggist billionaires cum developers cheesy
In the NE and NW alone, you could possibly count up to 2,000 or more. Then add Abuja, Lagos, Rivers, Anambra and Niger Delta states. The number should be closer to 20,000 in my opinion
Re: Number Of Dollar Millionaires & Billionaires In Africa by Butterpie123: 6:01pm On Aug 30, 2025
It's unbelievable that Nigeria is not number one. Ahhh!Seun, anything for the boys. It's my first FTC on nairaland
Re: Number Of Dollar Millionaires & Billionaires In Africa by bentenny(m): 6:01pm On Aug 30, 2025
creativejagaban:
In fact all the 7000 plus Nigerians on this list are from the billionaires region grin

@bentenny , come and see your fellow lamba follower who is always b.itter whenever Nigeria name is mentioned, especially when it is not in negative light grin

The fact remains that:

Tinubu till 2031.

Lienus should come back in 2099 grin

Deji is still waiting to be sued oooo.

...

And for the record:

I am a Nigerian.

Who are you huh
The spelling shade on that thread by me really messed with your head and thrashed your overinflated ego!😁
Learn to know the difference between wash and watch!
It's not that deep!😎😎

Still waiting for you on the other thread to prove my attached screenshot of Deji adeyanju recants were fabricated!😁😁
Re: Number Of Dollar Millionaires & Billionaires In Africa by cyberbro: 6:02pm On Aug 30, 2025
ProudlyLagos:
😂😂😂 indeed…they are not billionaires in dollar,maybe millionaire in dollars.
I already removed Jim Ovia, but the rest are all DOLLAR BILLIONAIRES. Kindly do some googling on their net worth and correct me if I'm wrong.

Folorunsho Alakija is the richest woman in Africa. Adedeji Adeleke is a billionaire, Tony Elumelu is a billionaire and Eleganza (Okoya) is a billionaire.
Re: Number Of Dollar Millionaires & Billionaires In Africa by stainzvill(m): 6:02pm On Aug 30, 2025
Those ones na audio
ProudlyLagos:
grin I am not seeing Anambala the home of billionaires on the list Abi na my eyes grin with all the noise they make online,not even one made the list,indeed empty barrel makes the loudest noise grin
Re: Number Of Dollar Millionaires & Billionaires In Africa by heracles1: 6:04pm On Aug 30, 2025
this stats na wash lots of nigerian politicians have $1b nd above
Re: Number Of Dollar Millionaires & Billionaires In Africa by Joshchi19(m): 6:04pm On Aug 30, 2025
Incorrect result
Re: Number Of Dollar Millionaires & Billionaires In Africa by Ashirioluwa: 6:07pm On Aug 30, 2025
adebayo201:
This is not encouraging if you ask me. Like how can Lagos has two! Like... Who are these two people? Otedola and...
Dangote lives in Lagos too.
Re: Number Of Dollar Millionaires & Billionaires In Africa by StoryHaven: 6:16pm On Aug 30, 2025
adebayo201:
This is not encouraging if you ask me. Like how can Lagos has two! Like... Who are these two people? Otedola and...
That report is not authentic. There are silent millionaires in dollars in Lagos. All these statistics are done without proper research. Osun State alone has several talkless Lagos.
The convicted Adedoyin, the owner of ODUDUWA UNIVERSITY is a millionaire in dollars. He has a university in the US, GHANA, NIGERIA, POLYTECHNIC, HOTELS IN LAGOS, OSUN etc.
Re: Number Of Dollar Millionaires & Billionaires In Africa by 3seriez(m): 6:18pm On Aug 30, 2025
Alajiga:
Lagos should be 3: Otedola, Adenuga, and Dangote. Nigeria, Africa’s largest economy, is the authentic black-created economy.
Five actually. You left out BUA rabiu and Alakija
Re: Number Of Dollar Millionaires & Billionaires In Africa by Hydriss(m): 6:20pm On Aug 30, 2025
Angelfrost:
The way South Africa bounced back from Apartheid to take over Africa in all ramifications is amazing...!

That's one of the few African nations that foreign nations and nationals are rushing into for investments, tourism, and many others.

Only their game reserves (Wildlife) yields Billions every year.
If you check they're mostly whites, still same colonialists that migrated to South Africa. Your first paragraph would have been amazing if it were a totally black nation achieving such feats, unfortunately its same people that caused the problem in the first place still in the helms of power there
Re: Number Of Dollar Millionaires & Billionaires In Africa by chuksjuve(m): 6:26pm On Aug 30, 2025
South Africa should actually be real Giant of Africa ..

Nigeria just thrives in hype and empty boasting .
Congratulations to SA
Re: Number Of Dollar Millionaires & Billionaires In Africa by Oracle411: 6:29pm On Aug 30, 2025
Who counted them? How? What criteria? Do U have access to everyone's bank accts and their biz portfolios?
People will just sit in their rooms and write rubbish
Re: Number Of Dollar Millionaires & Billionaires In Africa by Dazidon: 6:35pm On Aug 30, 2025
chuksjuve:
South Africa should actually be real Giant of Africa ..

Nigeria just thrives in hype and empty boasting .
Congratulations to SA
Itz becuz nigeria has a large population and that creates large expectations

If not ,nigeria has far more millionaires and billionaires , 4get the talk about nigerians being too loud
Re: Number Of Dollar Millionaires & Billionaires In Africa by Bodydiialect57: 6:35pm On Aug 30, 2025
ernesco0816517:
Someone is asking up there who's the second after ote$,like u haven't heard of mehuh, am a silent billionaire.
Silence can't be quoted. If you are loud enough for the world to know you, you will be mentioned.

Enjoy your status with peace of mind anyway.
Re: Number Of Dollar Millionaires & Billionaires In Africa by KingCold: 6:43pm On Aug 30, 2025
🇿🇦🇿🇦🇿🇦🇿🇦🇿🇦🇿🇦
Re: Number Of Dollar Millionaires & Billionaires In Africa by KingCold: 6:46pm On Aug 30, 2025
Emmexguy123:
The question now is,

Which country is the real Giant of Africa?
Why are you guys so obsessed with this "giant" title.? I swear it really doesn't matter, loll..
Re: Number Of Dollar Millionaires & Billionaires In Africa by KingCold: 6:48pm On Aug 30, 2025
Hydriss:
If you check they're mostly whites, still same colonialists that migrated to South Africa. Your first paragraph would have been amazing if it were a totally black nation achieving such feats, unfortunately its same people that caused the problem in the first place still in the helms of power there
. Just a mere 30 years since the fall of Apartheid, and Black South Africans have made such strides? Give credit where it's due

Re: Number Of Dollar Millionaires & Billionaires In Africa by Skydivine: 6:48pm On Aug 30, 2025
ProudlyLagos:
that would be dangote and adenuga but I think otedola should also make the list because he is a dollar billionaire.
Is Dangote from Lagos?
Re: Number Of Dollar Millionaires & Billionaires In Africa by Skydivine: 6:50pm On Aug 30, 2025
3seriez:
Five actually. You left out BUA rabiu and Alakija
Is BUA from Lagos state?
Re: Number Of Dollar Millionaires & Billionaires In Africa by Comfyonos2019: 6:52pm On Aug 30, 2025
The information is wrong because otedola, dangote and adenuga are all Forbes recognised billionaires and stay in Lagos so the information is very incorrect. Saying Nigeria only has 7200 millionaires in dollars. In pH where I stay, they are even more than a thousand, talkless of north. The average rich man in the north is a millionaire in dollars. Millionaires in dollars in Nigeria are more than 50,000 and that's fact



ProudlyLagos:
that would be dangote and adenuga but I think otedola should also make the list because he is a dollar billionaire.
Re: Number Of Dollar Millionaires & Billionaires In Africa by chuksjuve(m): 6:55pm On Aug 30, 2025
Dazidon:
Itz becuz nigeria has a large population and that creates large expectations

If not ,nigeria has far more millionaires and billionaires , 4get the talk about nigerians being too loud
The large population should have been a great advantage to you if you really understood what you are defending.

Besides, What is Nigeria budget, GDP, FDI and minimum wage compared to SA..

That would tell you why your defense line is very wrong and an indictment on you.

I await your response
Re: Number Of Dollar Millionaires & Billionaires In Africa by amaridigital(m): 6:56pm On Aug 30, 2025
DrMB:
Which countries are breeding the continent’s millionaires, and why do some cities attract billionaires while others lag behind?
Is Nigeria, Africa’s largest economy, punching above its weight or falling short when it comes to creating extreme wealth?
And what do these numbers reveal about inequality, opportunity, and the future of Africa’s economic elite?
Only 15 Billionaires in the whole of Africa? I don't believe that statistics. Over 1 Billion population only 15 Billionaires
Re: Number Of Dollar Millionaires & Billionaires In Africa by SlayQueenSlayer(m): 7:02pm On Aug 30, 2025
The only advantage Nigeria has ove Kenya is population. Nigerians would rather die than elect leaders with morals and competence.
Re: Number Of Dollar Millionaires & Billionaires In Africa by penearth(m): 7:05pm On Aug 30, 2025
Bodexman:
How come we only have two in Lagos.

What exactly is the yardstick they used to arrive at this statistics.
"Yardstick"? Ask ur yard people na wia Dem collect the stick from
Re: Number Of Dollar Millionaires & Billionaires In Africa by Dazidon: 7:06pm On Aug 30, 2025
chuksjuve:
The large population should have been a great advantage to you if you really understood what you are defending.

Besides, What is Nigeria budget, GDP, FDI and minimum wage compared to SA..

That would tell you why your defense line is very wrong and an indictment on you.

I await your response
Na u no get me

I agree that SA is ahead in terms of how most citizens enjoy their lives

but that doesnt mean they have a larger number of millionaires


itz like this

if 3 out of 5 southies are rich when there are 20 people in total while 1 out of 5 nigerians are rich when there are 80 nigerians

does it mean southies have a larger number of rich people

itz pure mathematics
Re: Number Of Dollar Millionaires & Billionaires In Africa by Arabk25(m): 7:08pm On Aug 30, 2025
cyberbro:
Tony Elumelu, Folorunsho Alakija, Adeleke, Okoya (Eleganza) plus many others are there oooo. The list is a joke 🤣
I swear this is the highest job I've ever seen in a long time now
Re: Number Of Dollar Millionaires & Billionaires In Africa by Julius1995(m): 7:14pm On Aug 30, 2025
Adenuga
adebayo201:
This is not encouraging if you ask me. Like how can Lagos has two! Like... Who are these two people? Otedola and...
Re: Number Of Dollar Millionaires & Billionaires In Africa by Procashtips(m): 7:14pm On Aug 30, 2025
Angelfrost:
The way South Africa bounced back from Apartheid to take over Africa in all ramifications is amazing...!

That's one of the few African nations that foreign nations and nationals are rushing into for investments, tourism, and many others.

Only their game reserves (Wildlife) yields Billions every year.
90% of those on the list aren't victims of Apartheid but beneficiaries. They are the dutch south Africans and partly Indians.

I doubt the real native south Africans are up to 1000 on the list.
Re: Number Of Dollar Millionaires & Billionaires In Africa by ProudlyLagos: 7:17pm On Aug 30, 2025
Skydivine:
Is Dangote from Lagos?
where does dangote have the headquarters of his company and major investment and also where does he reside? Or I guess Adenuga is from Lagos too because those are the 1 & 2 richest in Nigeria. So common sense should tell you that the factors used to determine there location is based on where they reside and where they have the Hq of their investments is domiciled, no be everything dem go Dey explain for Una grin
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