Nigerian business icon, Aliko Dangote yesterday made history by becoming the first black man to break into the rank of top 25 richest people in the world. His wealth jumped to $25bn from $16.1bn in 2013, according to Forbes magazine’s list of the richest people on earth. For the fourth year running, Dangote retained his position in Africa as the richest man of the continent.
Dangote, who was number 43 in the top 100 world billionaire list last year, moved up 20 spots to retain his position as the richest person in Africa and also number 23rd in the world.
The Chairman, Globacom, Chief Mike Adenuga, was the next Nigerian on the list with a wealth of $4.6bn to maintain the 325th position in the world. The Executive Vice Chairman, Famfa Oil Limited and fashion icon, Mrs. Folorunsho Alakija, retained her position as the world’s richest black woman and the 687th in the world with a fortune of $2.5bn; while the Chairman/Chief Executive Officer, BUA Group of Companies, Alhaji Abdulsamad Rabiu, was ranked 1372th in the world with $1.2bn.
Meanwhile, Bill Gates has, according to Forbes regained the title of Richest Person in the World following an upsurge in the value of Microsoft stock. continue...
Gates has risen to the top again despite his Microsoft stock taking up less than a third of his fortune, with Forbes pointing out that Steve Ballmer may soon have more stock than Gates, making him the company’s biggest shareholder.Dangote, who was number 43 in the top 100 world billionaire list last year, moved up 20 spots to retain his position as the richest person in Africa and also number 23rd in the world.
The Chairman, Globacom, Chief Mike Adenuga, was the next Nigerian on the list with a wealth of $4.6bn to maintain the 325th position in the world. The Executive Vice Chairman, Famfa Oil Limited and fashion icon, Mrs. Folorunsho Alakija, retained her position as the world’s richest black woman and the 687th in the world with a fortune of $2.5bn; while the Chairman/Chief Executive Officer, BUA Group of Companies, Alhaji Abdulsamad Rabiu, was ranked 1372th in the world with $1.2bn.
Meanwhile, Bill Gates has, according to Forbes regained the title of Richest Person in the World following an upsurge in the value of Microsoft stock. continue...
The year’s biggest dollar gainer was the Facebook’s founder, Mark Zuckerberg, whose fortune jumped by $15.2bn to $28.5bn, as shares of his social network soared.
The United States once again leads the world with 492 billionaires as a result of the technology boom and strong stock market, followed by China with 152 and Russia with 111. But wealth is spreading to new places.
For the first time in the history of the Forbes rating, billionaires were found in Algeria with Issad Rebrab, who is into food business with $3.2bn worth of fortune; Rostam Azizi from Tanzania with $1bn; and Sudhir Ruparelia from Uganda with $1.1bn.
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