Forbes released its 2016 World’s richest billionaires list on Tuesday. Not surprising was the fact that the President of the Dangote Group, Aliko Dangote retained his position as Africa’s richest person and number 51 on the list of the world’s richest.
The 5 Nigerians on the Forbes list include;
President of Dangote Group, Dr. Aliko Dangote
Chairman of Globacom, Dr. Mike Adenuga.
Chairman of Forte Oil, Mr. Femi Otedola.
Founder and Executive Chairman, Famfa Oil Limited, Mrs. Folorunsho Alakija.
Chairman/Executive Officer, BUA Group, Abdulsamad Rabiu.
Here are their positions and networth
Mike Adenuga with a networth of $10bn (103rd).
Femi Otedola with a networth of $1.8bn (1,011th).
Folorunsho Alakija with a networth of $1.6bn (1,121th)
Abulsamad Rabiu with a networth of $1.1bn (1,577th)
According to Forbes, 221 people fell off the list, while 198 newcomers joined the ranks; another 29 people from 2015 died while 29 who’d previously fallen off climbed back on. Of those who were billionaires both years, 892 are poorer while 501 added to their fortunes.
The reshuffling starts at the top. Only 2 people in the top 20 managed to hold onto their ranks. Bill Gates remains the richest person in the world with a net worth of $75 billion, despite being $4.2 billion poorer than a year ago. He has been No. 1 one for 3 years in a row and topped the list 17 out of 22 years. Warren Buffett is at No. 3, while Zara ’s Amancio Ortega moves up to No. 2 for the first time, displacing Mexico’s Carlos Slim, who slips to No. 4. Slim’s fortune fell $27.1 billion to $50 billion in the past year, as shares of his telecom business América Móvil tumbled.
Facebook’s Mark Zuckerberg had the best year of all billionaires. The 31-year-old added $11.2 billion to his fortune and moved up to No. 6 from 16. He and Amazon’s Jeff Bezos both make their first appearance in the top ten of FORBES’ annual ranking of the world’s wealthiest. Another first: A billionaire from China’s mainland, Wang Jianlin, whose company owns AMC Theaters and soon will own Legendary Pictures, has climbed into the top 20.