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Billionaires list: Dangote, Adenuga, Rabiu’s wealth rises by $5.7bn
Femi Asu
4:36 am
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AlikoDangote and Femi Otedola



The combined net worth of three of Nigeria’s richest persons increased by $5.7bn in one year to $22.5bn, according to Forbes’ 2021 World’s Billionaires list.

The list, which was released on Tuesday, includes 14 African billionaires, with the President/Chief Executive of Dangote Group, Aliko Dangote, leading the pack.

Dangote, Africa’s richest person, saw his net worth jump to $11.5bn from $8.3bn in 2020, making him the 191st wealthiest person in the world.

READ ALSO: Fasoranti, Ondo monarchs declare support for Tinubu

The Chairman of Globacom and Conoil Plc, Dr Mike Adenuga, who is Nigeria’s second richest person and the fifth on the continent, was ranked 440th as his fortune rose to $6.1bn from $5.6bn last year.

The wealth of the founder of BUA Group, Abdulsamad Rabiu, surged to $4.9bn from $2.9bn in 2020, making him the 574th richest person in the world and the sixth in Africa.

The other Africans on the list comprise five South Africans, five Egyptians and one Algerian.



The second richest African, Nassef Sawiris, was ranked 297th on the list with a net worth of $8.3bn.

He is an investor and a scion of Egypt’s wealthiest family, with his most valuable asset being a nearly six per cent stake in sportswear maker Adidas, according to Forbes.

Other Egyptians are Naguib Sawiris (worth $3.2bn and ranked 956th); Mohamed Mansour ($2.5bn, 1,249th); Youssef Mansour ($1.5bn, 2,035th), and Yasseen Mansour ($1.1bn, 2,524th).

The South Africans are Nicky Oppenheimer and family (worth $8bn and ranked 308th); Johann Rupert and family ($7.1bn, 358th); Koos Bekker ($3bn, 1,008th); Patrice Motsepe ($2.9bn, 1,064th); and Michiel Le Roux ($1.1bn, 2,524th).

Read Also
Dangote moves to curb road crashes, begins training centre
Tinubu to chair Aisha Buhari’s book presentation
Dangote empowers rural women in Kwara with N160m
The founder and Chief Executive Officer of Cevital, Algeria’s biggest privately-held company, Issad Rebrab, and his family were ranked 589th with a net worth of $4.8bn.

The founder and CEO of Amazon, Jeff Bezos, is the world’s richest for the fourth year running, worth $177bn, while Elon Musk, co-founder and CEO of Tesla, rocketed into the number two spot with $151bn, as their shares surged.

“It’s been a year like no other, and we aren’t talking about the pandemic. There were rapid-fire public offerings, surging cryptocurrencies and skyrocketing stock prices,” Forbes said.


According to the American business magazine, the number of billionaires on Forbes’ 35th annual list of the world’s wealthiest exploded to an unprecedented 2,755 – 660 more than a year ago.

“Of those, a record high 493 were new to the list — roughly one every 17 hours, including 210 from China and Hong Kong. Another 250 who’d fallen off in the past came roaring back. A staggering 86 per cent are richer than a year ago,” it said.

Altogether, the billionaires are worth $13.1tn, up from $8tn in 2020.

“The United States still has the most, with 724, followed by China (including Hong Kong and Macao) with 698. We used stock prices and exchange rates from March 5 to calculate net worth’s,” Forbes added.


www.punchng.com

Billionaires list: Dangote, Adenuga, Rabiu’s wealth rises by $5.7bn
Femi Asu
4:36 am
Kindly share this story:

AlikoDangote and Femi Otedola



The combined net worth of three of Nigeria’s richest persons increased by $5.7bn in one year to $22.5bn, according to Forbes’ 2021 World’s Billionaires list.

The list, which was released on Tuesday, includes 14 African billionaires, with the President/Chief Executive of Dangote Group, Aliko Dangote, leading the pack.

Dangote, Africa’s richest person, saw his net worth jump to $11.5bn from $8.3bn in 2020, making him the 191st wealthiest person in the world.

READ ALSO: Fasoranti, Ondo monarchs declare support for Tinubu

The Chairman of Globacom and Conoil Plc, Dr Mike Adenuga, who is Nigeria’s second richest person and the fifth on the continent, was ranked 440th as his fortune rose to $6.1bn from $5.6bn last year.

The wealth of the founder of BUA Group, Abdulsamad Rabiu, surged to $4.9bn from $2.9bn in 2020, making him the 574th richest person in the world and the sixth in Africa.

The other Africans on the list comprise five South Africans, five Egyptians and one Algerian.



The second richest African, Nassef Sawiris, was ranked 297th on the list with a net worth of $8.3bn.

He is an investor and a scion of Egypt’s wealthiest family, with his most valuable asset being a nearly six per cent stake in sportswear maker Adidas, according to Forbes.

Other Egyptians are Naguib Sawiris (worth $3.2bn and ranked 956th); Mohamed Mansour ($2.5bn, 1,249th); Youssef Mansour ($1.5bn, 2,035th), and Yasseen Mansour ($1.1bn, 2,524th).

The South Africans are Nicky Oppenheimer and family (worth $8bn and ranked 308th); Johann Rupert and family ($7.1bn, 358th); Koos Bekker ($3bn, 1,008th); Patrice Motsepe ($2.9bn, 1,064th); and Michiel Le Roux ($1.1bn, 2,524th).

Read Also
Dangote moves to curb road crashes, begins training centre
Tinubu to chair Aisha Buhari’s book presentation
Dangote empowers rural women in Kwara with N160m
The founder and Chief Executive Officer of Cevital, Algeria’s biggest privately-held company, Issad Rebrab, and his family were ranked 589th with a net worth of $4.8bn.

The founder and CEO of Amazon, Jeff Bezos, is the world’s richest for the fourth year running, worth $177bn, while Elon Musk, co-founder and CEO of Tesla, rocketed into the number two spot with $151bn, as their shares surged.

“It’s been a year like no other, and we aren’t talking about the pandemic. There were rapid-fire public offerings, surging cryptocurrencies and skyrocketing stock prices,” Forbes said.


According to the American business magazine, the number of billionaires on Forbes’ 35th annual list of the world’s wealthiest exploded to an unprecedented 2,755 – 660 more than a year ago.

“Of those, a record high 493 were new to the list — roughly one every 17 hours, including 210 from China and Hong Kong. Another 250 who’d fallen off in the past came roaring back. A staggering 86 per cent are richer than a year ago,” it said.

Altogether, the billionaires are worth $13.1tn, up from $8tn in 2020.

“The United States still has the most, with 724, followed by China (including Hong Kong and Macao) with 698. We used stock prices and exchange rates from March 5 to calculate net worth’s,” Forbes added.

Hypocrisy is rife in president Buhari's government.

Right from the inception of his government in 2015,he will be quick to condole with outsiders when they are affected by any eventuality be it natural disaster or man made acts but keeps mute when such things happen in Nigeria.

In Nigeria recently,many ungodly acts are happening.The president would find it difficult to say a word ,either to condemn or act decisively.In some cases , Nigerians would cry ooo before he would reluctantly release statement through his media aids.

Yesterday or so,many Nigerian citizens were gruesomely murdered by suspected Fulani herdsmen in Ebonyi state.The same day ,there was an attempted coup in Niger republic,the Nigerian president only heard about the coup and fumed but he didn't deem it necessary to condemn or condole with the people of Ebonyi state.

hahahaha,Oyigbo do not have any good road like that.Oyigbo is a filthy old hag village crying for help.

The news is every where how our governments at all levels hoarded palliatives meant for the citizens.
so many states' governments are involved in this show of shame and inhuman treatment meted to fellow country men.

The federal government is claiming innocence while the states involved are looking for alibis yet Nigerians are not asking serious questions.the government is using threat against the people that carried the palliatives (I cannot call them looters.)these people carried their property.the looters are the hoodlums that attacked private ventures.the palliatives were meant for the citizens.but the government criminally hoarded them.the threats I believe were to shift our attention from this ungodly act cum wickedness.

I am using this medium to urge Nigerians to wake up and start asking our so called leaders questions concerning the palliatives.we need to know why food meant for the citizens were hidden and denied them.this crop of leaders are taking us for granted.we must seize this opportunity to be holding them accountable.

NIGERIAN YOUTHS ARISE FOR THE FUTURE IS YOURS.

NwaAmaikpe:





The fact that no prophet in the bible prophesied on the coming of a football maverick like C.Ronaldo quakes the very foundation of my christan faith.

C Ronaldo is the greatest of all times.o
Greatest ever, greatest to be.
Gravity defying headers, impossible dribbles, imaginary goals and it just doesn't stop.

It is up to the generation after ours to create a religion in honour of him because not even Buddha was this great.

Nwaamaikpe ,which amaikpe? Is it Obinkita or else where

Please take this information to front page to get to the authorities.

Feelers reaching me and circuling in Rivers state have it that the Rivers state governor,his excellency,Nyesom Wike is yet to register the children of Rivers state in the 2020 WAEC as he promised.

Recall that the governor promised to register the SS3 students of Rivers state secondary schools for 2020 Senior secondary school certificate examination but up till now,he has not fulfil it.

WAEC registration will end by ending of January.
My question is:what is the fate of Rivers children?

The Deputy Commissioner in charge of the Lagos State Criminal Investigation Department (SCID) Yaba, DCP Yetunde Longe, has disclosed that more internet fraudsters and possibly their mothers will be sent to prison if found guilty after prosecution.

She disclosed this on Wednesday on a morning show programme on Lagos Television (LTV) while reacting to the news making the rounds in the media that yet to be identified women have formed an ‘Association of Yahoo Boys’ mothers

’.https://dailypost.ng/2019/11/06/yahoo-boys-mothers-will-be-sent-to-prison-police/

The Kaduna Division of the Court of Appeal has nullified the election of spokesman of the Senate, Senator Dayo Adeyeye.

The Appellate Court subsequently upheld the tribunal judgment which declared Senator Biodun Olujimi and the candidate of the People’s Democratic Party (PDP) as winner of the Ekiti South Senatorial election held on February 23.

The Independent National Electoral Commission (INEC) had declared Dayo Adeyeye of the All Progressive Congress (APC) as winner of the February 23, 2019 National Assembly election.



https://thenationonlineng.net/updated-appeal-court-sacks-adeyeye-declares-olujimi-winner/

Former Presidential Candidate of the Young Progressives Party, YPP, Prof. Kingsley Moghalu has challenged Nigeria’s former head of state, Gen. Yakubu Gowon to speak up about the genocide and all the other atrocities committed against the people of former Eastern Nigeria.

Moghalu said Gowon has the best opportunity for that now that he is still alive. According to Moghalu, it was ethically wrong for Nigeria to be participating in the commemoration of the Rwanda genocide when worse atrocities that were committed in their own domain remain buried.




https://www.vanguardngr.com/2019/11/biafra-gen-gowon-should-speak-up-on-the-war-genocide-moghalu/

Court stops Operation Positive Identification
6th November 2019






Lukman Olabiyi

Justice Rilwanu Aikawa, of the Federal High Court, Lagos, has ordered the Nigerian Army and its Chief of Army Staff (COAS), to suspend the ongoing Operation Positive Identification by the Army.
The Court gave the order yesterday, in a suit filed by Mr Femi Falana (SAN), on October 25 against the Nigerian Army, COAS, and the Attorney General of Federation.
The court ordered both parties to maintain status quo ante pending the determination of the suit.
During yesterday’s proceedings, When the matter came up, none of the respondents appeared in persons in court, but were represented by a counsel.
Falana informed the judge that the respondents had been served the processes and the proof of service was in the court’s file. This was confirmed by the court.
A Principal State Counsel from the Ministry of Justice, who appeared for the three respondents, however, prayed the judge to grant an adjournment to enable the solicitor general, Mr Dayo Apata, to handle the matter personally and also give the respondents time to harmonise their positions.
Mr Falana did not opposed the application.
Justice Aikawa ,while granting the application, held: “In view of the agreement between counsel, I hereby order the first and second defendants to maintain the status quo, pending the determination of the case,”
He adjourned further proceedings till November 18.
In the suit, Falana ,argued that the planned nationwide operation which will run from November 1 to December 23, during which Nigerian citizens would be required to move about with means of identification is unconstitutional, illegal, null and void.
He argued that the operation violates his right and that of other Nigerian citizens to liberty, “as encapsulated in Section 35 respectively of the Constitution of the Federal Republic of Nigeria, 1999, as amended and Article 6 of the African Charter on Human and Peoples Rights (Ratification and Enforcement) Act, (Cap A10) Laws of the Federation of Nigeria, 2004.”
Among the prayers of the right activist before the court are an order seeking an interim injunction restraining the three respondents from going on with the plan pending the hearing of the substantive suit.
The suit was supported with an affidavit sworn to by a lawyer in his team, Mr Taiwo Olawanle.

Sunnewsonline.com 06/11/19

Emmanuel Ifeanyichukwu Ikenga Gbulie Obituary

Very unfortunate,our stars are going.

Come out with a meaningful counter argument or stop churning up a religious colouration.

The news of the border closure is every where and the concomitant sonsequences on Nigerians and others Africans alike.

The essence of this post is not to show the advantages and of that undertaking rather to tell Nigerians and Africans plus who ever that cares to know that Nigerian government did it purposely to make life difficult for Christians who are preparing for Christmas.

There is no gain saying the fact that it a recurring decimal in Nigeria that life is always made difficult for Christians during yuletide.
Facts are there to buttress my assertion.the borders are manned by the customs service to generate revenue for government and also to stop importation of contraband products.if the people saddled with this responsibility are not doing it well,the government could as well relieve them of the responsibility.a government can not punish its citizens because of the ineptitude of a few.

It is now in public space that the borders will be reopened by January.it invariably mean that it will be after the Yuletide and by then the Christians have suffered enough while searching for food for their celebrations.

I rest my case for now but I leave my readers with one question:has Nigeria attained sufficiency in food production to close their border?

Can one take FTC to the bank?

Tolexander:
Is that their reason for convening in New York?

I thought they wanted to go and arrest Buhari as threatened by them after beating Ekweremadu in Germany

Laws are different in different countries.in Japan,the law permits arresting an impostor as a criminal but such is not permitted in the US laws.pls be properly guided.

So Buhari has one uniform.dat cloth with two pens attached to it.nigerians reason for once.

qualityovenbake:
Until I see a video of him addressing the UN, then I will know he means business.

even if u see him addressing the world,you will still shift the goal post.

Simplyleo:
You don't mean it.

So when is he coming to exercise this free movement in Nigeria?

He came,conquered and left the zoo.

Alfa Aremu let me educate you, all it takes for Biafra to get freedom is a yes from US and EU.

Go and read about Israel's independence.

Go and read about South Sudan.

UN has the power to grant Biafra freedom through a resolution that will mandate and push Nigerian government to comply and if Nigerian government refuses, you know the next action they will take

Sanctions on crude oil export. Go and follow up how Iran is suffering and pleading for US and EU to lift their sanctions against them because life is becoming miserable for them including North Korea.

And if they try sanctions and Nigerian government refuses again, they will sponsor Biafran agitators to take up arms against Nigeria and they will fuel nationwide violence in Nigeria and give massive support to Biafran side and at the end the division will happen but in a bloody way.

Go and study Libya, Syria, Egypt, Yemen and even USSR to learn more about these things.


Hong Kong 2-months protest have a western power hand in it and at the end they succeeded, HK government succumbed to their demands.



My brother u too sabi abeg.

Rubbish declaration by OYC,but I dnt really blame them.chasing away the little jobs available in Nigeria while your government and political class don’t even how to provide any job.
Pls somebody should remind the OYC that there have been serious killings all this while throughout Nigeria but we didn’t see them fight Fulani herdsmen nor burn down their property.we don’t want unnecessary heating up the polity or chasing our people into labour market.

This is to show that most of the pictures churned out during that PMB trip Japan were photoshopped.he did not go to any Japan.in Nnamdi Kanu’s voice:it is not PMB rather Jubril.deal with the truth.

Judge for yourself

When IPOB was telling them that PMB didn’t travel to Japan,it was rebuffed by many.pls check out this picture and tell me what you observed.
Most of the pictures churned out during that Japan trip was absolute photoshop.

I thought PMB met South African president in Japan?now he is sending an envoy to South Africa.he is afraid n from now on,be afraid to travel abroad.according to one Nnamdi Kanu,it is Jubril acting for PMB.nobi me talk am ooo

JomoGbomo2:
Your random friend sent you a random picture; you believe it. Channels TV (and other reputable media houses) have been showing various videos of the man in Japan; you don’t believe that.
Don’t you think you need help?

Why do you take “channels”et al to be credible?Nigeria is like this cos of people like you

Can Nigerians reason for once?PMB is still on that same dress for five days now.from the pictures,other visitors were going in from right to left but PMB was going in form left to right.i can’t be deceived,something is really fishy about the Nigeria president that the cabal is hiding.am surprised nobody is asking pertinent questions.

It is unfortunate that Nigerians are not thinking.all the pictures being sent out are photoshopped.but think of this:why is PMB and most of the people on the pictures wearing one dress since two days or more?expecially that man on white agbada and red cap.infact,Nigerians are docile,timid are petty and will continue to be on stand still as per development.i rest my case.he who has ear,let him hear.

Yipata,l dnt abuse people but mehn u are truly insolent to have released such tirade as you did.

There is an investigation going on in the senate and the police concerning the alleged assault of a female by senator Elisha Abbo.
Yes,the senate is right to constitute the committee but senator Oluremi Tinubu does not have any moral standard to be in that committee.
It will be recalled that Oluremi Tinubu had also committed the same assault on a person and nothing was done to her.
It is unfortunate that such a woman is part of the committee and from the news going on,it is very clear that she wants to influence the committee negatively.she should allow the chairman of that committee take charge.

Small small,it’s going.

FTC after all