Nigeria Boasts Four Billionaires on 2024 Forbes Rich List
The 2024 Forbes list of the world's wealthiest individuals has been unveiled, featuring four Nigerian billionaires among its ranks.
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| Samad, Otedola, Dangote, Adenuga: Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola are among the 2,781 billionaires listed by Forbes, showcasing Nigeria's presence in the global wealth landscape. |
Forbes utilized stock prices and exchange rates from March 8, 2024, to compile its latest billionaire roster, maintaining a real-time index for further analysis.
The United States leads the list with a staggering 813 billionaires worth $5.7 trillion, followed by China with 473 billionaires worth $1.7 trillion, and India with 200 billionaires.
The total net worth of the world's billionaires has reached $14.2 trillion, marking a substantial increase of $2 trillion from the previous year's record.
Here's a closer look at the Nigerian billionaires featured on the list:
Aliko Dangote: Ranked at number 144 globally, Dangote, the chairman of Dangote Group, boasts a net worth of $13.4 billion, making him the richest man in Africa.
Mike Adenuga: Chairman of Globacom, Adenuga occupies the 409th spot on the list with a net worth of $6.7 billion, accumulated from his ventures in telecommunications and oil.
Abdulsamad Rabiu: Founder of BUA Group, Rabiu is ranked 581st with a net worth of $5.2 billion. BUA Group, a Nigerian conglomerate, is engaged in cement production, sugar refining, and real estate.
Femi Otedola: Holding the 2152nd position, Otedola boasts a net worth of $1.4 billion, contributing to Nigeria's representation on the global wealth stage.
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