Friday, 30 November 2012

Forbes: Africa's Richest Billionaires from Nigeria

Aliko Dangote, Folorunsho Alaika Africa's Richest Billionaires from Nigeria
According to a new release by Forbes 'Africa's 40 Richest', Nigeria leads and dominates the list with 11 entries.
Take a look at the Nigerian's that made the list and their positions.

#1 Aliko Dangote, Net Worth - $12B. He is the wealthiest Man in the Continent and the 76th billionaire in the World. Dangote Group deals  primarily in Cement, Flour, Sugar among others.

#5 Mike Adenuga, Net Worth - $4.6B. Adenuga owns Globacom Mobile Network and Conoil, which produces an estimated 100,000 barrels a day.

#19 Jim Ovia, Net Worth - $825M. He founded Zenith Bank and as an ex-Chief Executive, he still has a stake of  $300M in the company. He currently manages Visafone among other ventures.

#21 Abdulsamad Rabiu, Net Worth - $675M. He heads the BUA Group which rakes in $1.9 billion in revenues and focuses on sugar, vegetable oil and flour among others.

#24 Folorunsho Alakija, Net Worth - $600M. Clearly the Richest Woman in Africa. In 2000, the government unduly acquired a large percentage of her stake in a block but was victoriously reinstated back to her company, Famfa Oil by the court, early this year.

#24 Theophilus Danjuma, Net Worth -$600M. Formerly the Defense Minster, his South Atlantic Petroleum Exploration company is the sole operator of a field offshore of Benin Republic.

#26 Oba Otudeko, Net Worth - $575M. Founded Honeywell in the eighties. He has a stake in Airtel Nigeria and Radisson Blu.

#27 Mohammed Indimi, Net Worth - $550 M. He founded Oriental Energy Resources and eight of his children serve on the board of his company.

#31 O.B. Lulu-Briggs, Net Worth - $500M. He founded Moni Pulo Limited, an oil exploration and production company. His wife is a Pastor.

#37 Sani Bello, Net Worth - $425M. Formerly Kano State Governor and Ambassador to Zimbabwe. He founded Amni Petroluem and has a minor stake in MTN Nigeria for which is the Vice Chairman of the Board.

#40 Hakeem Belo-Osagie, Net Worth -$400M. He chairs Etisalat Nigeria with a controlling stake of 12%.  He is known to have reportedly bought 51%  of UBA from the government and sold it for $120M in 2004.

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