Forbes Nigeria Billionaires List 2020


Only 4 Nigerians made it to the Forbes annual exclusive billionaires ranking.

  • Aliko Dangote, President of Dangote Group retained his spot as the World’s richest black person with a fortune of USD10.1 billion.
  • Mike Adenuga, Chairman of Globacom who came in as second in Nigeria and third in Africa with a fortune of USD7.7 billion
  • Abdul Samad Rabiu of BUA Group came 3rd in Nigeria and 8th in Africa with a fortune of USD3.13 billion – moving up 8 places from last year’s ranking.
  • Folorunsho Alakija of Famfa Oil completes the list of Forbes billionaires from Nigeria with a fortune of USD1 billion dollars coming in at #20 in Africa.

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