Nigeria: Dangote, Adenuga, Rabiu, Otedola Make Forbes' 2024 Billionaires List

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Nigeria: Dangote, Adenuga, Rabiu, Otedola Make Forbes' 2024 Billionaires List
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Despite the economic challenges facing Nigeria, Forbes has listed Nigerian businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola, as the top richest Nigerians in 2024.

Dangote's fortune rose to $13.4 billion, Adenuga's fortunes stood at $6.7 billion, while Rabiu and Otedola achieved a fortune of $5.2 billion and $1.4 billion in 2024, respectively.

"There are now more billionaires than ever: 2,781 in all, 141 more than last year and 26 more than the record set in 2021. They are richer than ever, worth $14.2 trillion in aggregate, up by $2 trillion from 2023 and $1.1 trillion above the previous record, also set in 2021." "China remains second, with 473 worth $1.7 trillion. This is despite weak consumer spending and a real estate bust that helped wipe out $200 billion in wealth and knocked 89 billionaires from the ranks."To calculate net worths, we used stock prices and exchange rates from March 8, 2024," it added.

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