Dangote, Adenuga, Two Other Nigerians Make 2024 Forbes Billionaires List

Forbes has listed Nigerian businessmen, Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola, as the top richest Nigerians in 2024.

On Tuesday, Forbes said there were more billionaires in 2024 despite inflation and political unrest.

Forbes said there are now 2,781 billionaires globally — rising by 141 compared to 2023 data and 26 more than the record set in 2021.

 

“They’re richer than ever, worth $14.2 trillion in the aggregate, up by $2 trillion from 2023 and $1.1 trillion above the previous record, also set in 2021,” Forbes said.

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.

Aliko Dangote is the richest man in Africa and the richest Black man in the world. He has an estimated networth of around $13.4 billion in 2024.

.According to Forbes, it has been a year for the planet’s billionaires, whose fortunes continue to swell as global stock markets shrug off war, political unrest and lingering inflation.

 

Forbes said: “As with the economy in general, the money is concentrated at the very top.

“There are now a record 14 people who are members of the $100 billion Club, the elite group of people whose fortunes stretch into 12 digits.

“That is up from just one four years ago. These lucky few are worth $2 trillion in all, meaning just 0.5 per cent of the world’s 2,781 billionaires hold 14 per cent of all billionaire wealth.

“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.”

It added that two-thirds of the list’s members are worth more than a year ago; only one fourth are poorer.