Dangote, Adenuga, others maintain top ranks on Forbes billionaire list

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Despite economic challenges in the country, prominent Nigerian businessmen Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola have retained their top positions on the Forbes World’s Billionaire list for 2024.

Leading the pack is Aliko Dangote, with an impressive net worth of $13.4 billion, followed by Mike Adenuga with $6.7 billion, Abdulsamad Rabiu with $5.2 billion, and Femi Otedola with $1.4 billion.These billionaires have demonstrated resilience despite global economic challenges as evidenced by their ability to increase their wealth over the past year.

The top 20 billionaires collectively saw a remarkable addition of $700 billion to their fortunes in the 2024 Forbes ranking.

Source: Vanguard

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