Forbes has listed Nigerian businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola, as the richest Nigerians in 2024.
A breakdown shows that the fortune of the founder of Dangote’s group reduced slightly from $14.2bn in 2023 to $13.4bn.
The wealth of the chairman of BUA group also reduced marginally to $5.2bn in 2024 from $8.2bn in 2023 while Adenuga’s fortune increased from $6.1bn to $6.7 billion within one year.
Meanwhile, Nigerian business magnate, Otedola, was listed as a new entrant to the billionaire list with a total net worth of $1.4bn.
On the list, Dangote, whlo ranked at number 144, was declared the richest man in Africa and the richest Black man in the world.
Adenuga, ranked at number 409 n the Forbes list, is a Nigerian billionaire businessman, his company Globacom is Nigeria’s second-largest telecom operator and also has presence in Ghana and Benin Republic.
He owns stakes in the oil exploration firm, Conoil. Forbes estimated his net worth at $6.7bn in 2024.
Rabiu is a Nigerian billionaire businessman and philanthropist, the founder and chairman of BUA Group, a Nigerian conglomerate concentrating on manufacturing, infrastructure and agriculture and producing a revenue in excess of $2.5bn and was ranked at number 581 in the Forbes list.
While, Otedola is a Nigerian businessman and philanthropist and the current executive chairman of Geregu Power Plc. He is ranked at number 2,152 out of 2,781 individual billionaires globally with a networth of $1.4bn
He is the founder of Zenon Petroleum and Gas Limited, and the owner of a number of other businesses across shipping, real estate and finance.
He has recently invested in power generation as part of the liberalisation of the sector in Nigeria.
