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Hardship: Nigeria Billionaires Not Touched, Survive In 2024 Forbes Ranking

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Forbes 2024 ranking

Forbes has unveiled its annual ranking of Nigeria’s wealthiest individuals for the year 2024. Topping the list are familiar names such as Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola. Aliko Dangote leads the pack 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.

Despite facing economic turbulence on a global scale, these Nigerian billionaires have managed to increase their wealth over the past year. The top 20 billionaires collectively added a staggering $700 billion to their fortunes in the 2024 Forbes ranking.

The United States emerges as the country with the highest number of billionaires, boasting 813 individuals worth a combined $5.7 trillion. China follows closely behind, with 473 billionaires amassing $1.7 trillion in wealth. India is also experiencing a surge in billionaire numbers, with 200 individuals now worth a total of $954 billion.

On the global stage, Bernard Arnault continues to reign as the world’s wealthiest individual, with an estimated net worth of $233 billion. Other notable figures include Mark Zuckerberg, Larry Ellison, and newcomers such as Andrea Pignataro and Todd Graves. The United States maintains its dominance in terms of billionaire citizens, followed by China and India.

Despite the challenges faced by the global economy, the ranks of billionaires continue to swell, with 265 new faces making their debut on Forbes’ list. These include entrepreneurs from various industries, ranging from fast-food chains to high-end fashion and technology. With wealth on the rise for many, the billionaire landscape remains dynamic and ever-evolving.

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