Forbes Names the Four Richest People in Nigeria With Its Recent List

In its most recent Forbes billionaire list, the rating company named Nigerian businessmen Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola as the richest Nigerians in 2024. This is despite the country's economic difficulties, one of which was the naira devaluation, among other excesses.

In 2024, Dangote's net worth increased to $13.4 billion, followed by Adenuga, which reached $6.7 billion, and Rabiu and Otedola, which got to $5.2 billion and $1.4 billion, respectively.

Check Forbes list to see more.

The richest black man is Aliko Dangote, the richest person in Africa. In 2024, Dangote's estimated net worth will be $13.4 billion.

His business empire, the Dangote Group, employs many people in Nigeria's private sector and is regarded as the richest conglomerate in West Africa.

Forbes reports that the year has been a success for the world's billionaires, whose wealth has increased despite war, political unrest, and persistent inflation, according to global stock markets.

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

" A record 14 people 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, meaning just 0.5% of the world's 2,781 billionaires hold 14 percent of all billionaire wealth.

"There are now more billionaires than ever: 2,781, 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."

According to a recent Forbes report, the United States has a record 813 billionaires worth $5.7 trillion. China ranks second with 473 assets worth $1.7 trillion, and India is third with 200 billionaires.

"To calculate net worths, we used stock prices and exchange rates from March 8, 2024," it added.

The report said, "The richest of all is Bernard Arnault, who holds the number one spot for the second year.

"The French luxury goods kingpin is worth an estimated $233 billion, $22 billion more than in 2023, thanks to another record year for his conglomerate LVMH. It is the company behind brands such as Louis Vuitton, Tiffany & Co. and Sephora."

It added that "two-thirds of the planet's billionaires are richer than a year ago.

"No one has gained more, in sheer dollar terms, than Mark Zuckerberg, who has benefited from a $116.2 billion jump in a single year. This is thanks to Meta stock nearly tripling amid cost-cutting layoffs and big bets on AI and the metaverse.

"Zuckerberg is number four on Forbes' 2024 ranking, worth an estimated $177 billion, the richest he's ever been. Oracle's Larry Ellison, worth an estimated $141 billion, rounds out the top five."