The President
of the Dangote Group, Alhaji Aliko Dangote; and Chairman of Globacom, Dr. Mike
Adenuga, saw their net worth declined by $3.2bn and $4.2bn,
respectively in the
past year, according to Forbes 2017 World’s Billionaires list.
Dangote
retained his position as Africa’s richest person in the latest ranking, with a
fortune of $12.2bn, although he was ranked 105th as against 51st last year.
The Chairman
of Forte Oil, Mr. Femi Otedola; and the Chairman/Chief Executive Officer, BUA
Group, AbdulsamadRabiu, were missing on the list. They were worth $1.8bn and
$1.1bn, respectively last year.
In 2015,
Otedola re-joined the list of African billionaires after a five-year hiatus,
with a $1bn fortune.
The net worth
of the Founder and Executive Chairman, Famfa Oil Limited, Mrs.
FolorunshoAlakija, was unchanged at $1.6bn, coming in the 1,315th position,
down from 1,121st last year.
This year, the
number of billionaires jumped by 13 per cent to 2,043 from 1,810 in 2016, the
first time ever that Forbes has pinned down more than 2,000 10-figure-fortunes.
Their total
net worth rose by 18 per cent to a record $7.67tn, with the increase in the
number of billionaires described as the biggest in the 31 years that Forbes has
been tracking billionaires globally.
Bill Gates is
the number one richest for the fourth year in a row, and the richest person in
the world for 18 out of the past 23 years. He has a fortune of $86bn, up from
$75bn last year.
Amazon’s Jeff
Bezos had the best year of any person on the planet, adding $27.6bn to his
fortune, and is now worth $72.8bn, moving into the top three in the world for
the first time, up from number five a year ago.
Warren Buffett
had the second-best year, and the biggest gain since Donald Trump was elected
United States President in November 2016. His $14.8bn jump in 12 months was
enough for him to grab back the number two spot from Amancio Ortega, founder of
Spanish clothing chain, Zara.
Ortega’s
fortune was up by $4.3bn since last year, but he still fell to fourth in the
world, unable to keep up with the outsize gains of others.
The founder of
Facebook, Mark Zuckerberg, moved up to number five for the first time, after
his fortune rose by $11.4bn in 12 months.
Carlos Slim of
Mexico fell to number six, the first time he’s been out of the top five in a
dozen years.
President
Trump saw his net worth decline by $1bn to $3.5bn. His position on the Forbes’
ranking dropping 220 spots, leaving him tied with 19 others as the 544th
richest person in the world.
There were 195
newcomers, including 26-year-old John Collison, who is now the world’s youngest
self-made billionaire, just two months younger than Snapchat’s Evan Spiegel.
There are 56
billionaires under age 40, down from 66 last year, after some aged out and
others dropped below the $1bn mark.
The Forbes
billionaires list is a snapshot of wealth taken on February 17, and stock
prices and exchange rates from around the world were used to calculate their
net worth.
*investorsking*

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