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Tag: Nigerian Billionaires

AbdulSamad Rabiu's networth drops by $456m in a day
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AbdulSamad Rabiu’s networth drops by $456m in a day

Nigeria’s third-richest individual, AbdulSamad Rabiu, experienced a significant decline in his net worth, shedding $456 million in a single day. This drop brings his total wealth to $4.6 billion, marking an 8.99% decrease, according to Forbes estimates. Since the start of 2024, Rabiu’s fortune has fallen by $600 million from a previous valuation of $5.2 […]

Ten things to know about Adebayo Ogunlesi
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Ten things to know about Adebayo Ogunlesi

Adebayo Ogunlesi is a Nigerian-born investment banker and lawyer. He is the founding member of the Global Infrastructure Partners, an equity firm he founded in 2016. GIP has gone on to acquire London City Airport, a majority stake in London Gatwick Airport in 2009 for £1.455 billion. GIP’s portfolio expanded to include Edinburgh Airport in […]

Why Nigerian billionaires dropped on global billionaires ranking
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Why Nigerian billionaires dropped on global billionaires ranking

Nigerian billionaires, Aliko Dangote – President/Chief Executive of the Dangote Group, AbdulSamad Rabiu – BUA Group chairman, and Mike Adenuga – Globacom chief, have dropped on the global billionaires ranking. This is coming less than one year after Forbes magazine named three Nigerians among its 2460 individual billionaires in its 2023 Billionaires list. According to […]