Meet The Only Five Nigerians Who Made Forbes 2016 World Billionaires List

Forbes has released its 2016 list of world Billionaires and it features over 1,000 billionaires from across the Globe. The world economy has experienced some sort of shuffling and the failing oil prices and a strong dollar has had an adverse effect and has cause reschuffling of wealth. Only 5 Nigerians were able to make this prestigous list and we want you to meet them below.

1. Aliko Dangote

Aliko Dangote, CEO Dangote Group; largest conglomerate in West Africa retains his position as Africa’s richest man and the 51st world richest man with a net worth of $15.4 billion.
Dangote’s source of wealth is built around sugar, cement and flour with intended plans to invest in oil. Dangote’s 51st position sees him rise above 67th position last year.

 
2. Mike Adenuga
Michael Adeniyi Agbolade Ishola Adenuga Jr is a Nigerian business tycoon, and the second richest person in Nigeria. His company Globacom is Nigeria’s second-largest telecom operator, and also has a presence in Ghana and Benin.Mike Adenuga currently ranks 103rd richest person in the world compared to last year’s 393rd and a net worth of $4.2 billion despite the effect of the dwindling oil prices on his company

 

3. Femi Otedola

Femi Otedola is a Nigerian businessman, entrepreneur, philanthropist, and chairman of Forte Oil Plc, an importer of fuel products.
Like Mike Adenuga, Femi Otedola net worth rose from $1 billion to $1.8 billion and now ranks 1011th richest person in the world compared to 1714th position in 2015.

 
4. Folorunsho Alakija
Folorunsho Alakija is a Nigerian businesswoman who is the second richest African woman after Isabel Dos Santos and also the third richest woman of African descent in the world.Folorunsho Alkajika’s net worth fell from $2 billion in 2015 to $1.6 billion and currently ranks 1121st on the list.

 
5. Abdulsamad Rabiu
AbdulSamad Isyaku Rabiu CON is a Nigerian businessman. His father, Khalifah Isyaku Rabiu was one of Nigeria’s foremost industrialists in the 1970s and 1980s
Rabiu is the 23rd richest African and well respected for his generosity was currently ranks the 1577th richest person in the world with a net worth of $1.11 billion.