Dangote, Adenuga remain on Forbes billionaire list Reviewed by Momizat on . Nigerian business tycoon Aliko Dangote has moved down 25 places on the Forbes list of billionaires for March 2012 claiming the 76th position from 51st he occupi Nigerian business tycoon Aliko Dangote has moved down 25 places on the Forbes list of billionaires for March 2012 claiming the 76th position from 51st he occupi Rating:
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Dangote, Adenuga remain on Forbes billionaire list

Nigerian business tycoon Aliko Dangote has moved down 25 places on the Forbes list of billionaires for March 2012 claiming the 76th position from 51st he occupied last year.

The downward movement was as a result of a $2.6 billion loss in his fortune from $13.8 billion in 2011 to $11.2 billion in 2012.

He is however still the richest man in Nigeria as the chairperson of Dangote Group which spans food processing, cement manufacturing, and freight.

Mr. Dangote is not the only Nigerian who stayed on the Forbes list.

The fortunes of telecoms billionaire, Mike Adenuga moved from $2 billion in 2011 to $4.3 billion as at March 2012, making him the second richest man in Nigeria.

Mr. Adenuga who was Forbes 597th richest man in 2011 moved up to 595 as at March this year.

Meanwhile Mexican business mogul, Carlos Slim once again topped the annual list of the world’s richest billionaires.

The magazine estimates that Mr. Slim, whose business interests range from telecommunications to construction, is worth $69 billion.

He is followed by Microsoft founder, Bill Gates on $61 billion dollars and US investor Warren Buffett on $44 billion.

 

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  • Matt OLOMU

    Except for Bill Gates who has touched more lives through his foundation and changed the course human history through his computer company, the others are trully replaceable businessmen. They are driven by a single minded pursuit – profit. Nothing more! The sources of the Nigerian billionaires’ wealth will always cast a deep shadow on their achievements!

  • Rabo Michael

    The two so called business tycones are not surposed to enlisted on the forbs.
    Nigerians are hungry and some people are been called billionaires.
    We all knows what Bill Gates uses his billions for.

  • http://www.easysmshub.com Inwang israel

    The world recognizes people who give more than they earn,no wonder Bill Gate is still among the 1st ten richest Billionaires,Nigerians should get a clue from this.

  • Emmanuel

    Thank GOD 4 men lik Alico & Adenuga who have prove 2 d world dat dia r wealth in Nigeria.i m indeed proud 2 b a Nigerian, its show dat we can make it right here in our motherland, wat greener posture oda den dis r we lookin 4 dat is nt find in our mother land? my world i m moved 2 do smtin great 4 my country. Wat a glory 2 our land?

  • http://YourWebsite... Yaseer

    Lets learn to love our own, look back at when Bill gates worth 10 or 4 Billion and then compare his achievement in charity with ur fellow Nigerians, But just bcos u want to criticize them, u are comparing them with a person worth 10 time more than them, and is there any country where there is no poverty, thank God we are not the worst even if we are not the best

  • http://YourWebsite... olaniran teslim

    if these two rated billionaires are among those people that did collapse some of the banks in Nigeria,then we dont have to celebrate them!

  • http://YourWebsite... smarto

    Lets encourage these 2 gentlemen to bring more viable investments into nigeria to create more jobs for the unemployed graduates on our streets.

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