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FORBES RELEASES COMPREHENSIVE 2023 WORLD BILLIONAIRE RANKINGS AS THREE NIGERIANS – DANGOTE, RABIU, ADENUGA, MAKE THE LIST

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ABDUL SAMAD RABIU’S ASR AFRICA BOOSTS OGUN HEALTH SYSTEM WITH 2.5BIL GRANT FOR ASR MOTHER AND CHILD HOSPITAL

FORBES RELEASES COMPREHENSIVE 2023 WORLD BILLIONAIRE RANKINGS AS THREE NIGERIANS – DANGOTE, RABIU, ADENUGA, MAKE THE LIST

 

 

 

Forbes has released its comprehensive list of world’s billionaires for 2023. The list, which came out Tuesday, April 4th, with 2460 individual billionaires globally, has a couple of surprises. This is more so since the last year has been full of falling stocks, wounded unicorns and rising interest rates which translated into a down year for many of the world’s richest people. The 25 richest people in the world are worth a collective $2.1 trillion, down a combined $200 billion from $2.3 trillion in 2022.

 

 

 

FORBES RELEASES COMPREHENSIVE 2023 WORLD BILLIONAIRE RANKINGS AS THREE NIGERIANS - DANGOTE, RABIU, ADENUGA, MAKE THE LIST

 

 

 

Luxury goods tycoon Bernard Arnault‘s net worth surged by $53 billion to $211billion dollars since last year, a bigger gain than anyone on the planet, to climb to the number one spot for the first time ever on the rise of share in his company, LVMH. Former world’s richest man, Elon Musk, slipped to second position after his worth reduced by $39billion due to his purchase of social messaging g app, Twitter.

 

 

 

 

 

 

One of the surprises however is the rise of BUA Group chairman Abdul Samad Rabiu. From 7.6Billion Dollars a few months ago, the Billionaire businessman and philanthropist’s rating in Forbes billionaires list has again shot up towering many to become the 249th richest person in the world and closing in on overtaking the third richest man in Africa, Nicky Oppenheimer who stands at 8.4billion Dollars. Rabiu’s latest worth is put at 8.2billion dollars. From 1.6billion Dollars in 2019, Forbes recorded that by 2022 his net worth was at 6.9billion dollars and from there has jumped to 8.2billion Dollars in April 2023.

 

 

 

 

 

 

 

62-year old Abdul Samad Rabiu is essentially into cement and sugar as well as real estate and is building sub-saharan Africa’s second largest refinery and petrochemicals plant in Akwa Ibom, Nigeria.

 

 

 

 

 

 

 

 

Meanwhile Aliko Dangote has retained his position as the wealthiest person of African descent in th e world. After climbing to 14billion Dollars in 2022, his wealth is estimated to be around 14.2billion Dollars as at the reports released on Tuesday April 4, 2023.

 

 

 

 

 

 

 

 

 

He is presently the 125th richest man in the world and he is easily the largest cement producer in Africa. He also has his hands in other businesses including pastries, sugar and other areas of manufacturing.

 

 

 

 

 

 

 

For Mike Adenuga, the third Nigerian on the African billionaire’s list, business has not been cosy. He dropped from 7.3billion Dollars in 2022 to 6.1billion dollars. The last couple of years have seen him move up and down the wealthiest’ scale. He’s now the 418th richest in the world at 58.

These are the only three Nigerians that made the list.

 

 

 

 

 

 

One other surprise name on the list however is 90-yr old Nathan Kirsh from tiny African Country of Swaziland. He is said to worth 6.5billion dollars, thus becoming the 6th ranked African billionaire, now above Mike Adenuga. He is believed to be into real estate retail and fashion.
It was the first time he would be featured as an African billionaire.

 

 

 

 

 

 

 

Methodology: According to Forbes, their ‘World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 10, 2023. Some people become richer or poorer within days of publication. We list individuals rather than multigenerational families who share fortunes, though we include wealth belonging to a billionaire’s spouse and children if that person is the founder of the fortune’.

 

 

 

 

 

 

‘For non-founders, we previously listed couples and family members together in certain cases; this year, we separated these shared fortunes into individual list members, marked “split family fortune.” For Russian billionaires, fortunes were calculated using ownership structures from February 2022, prior to Russia’s invasion of Ukraine and before many made transfers of assets to managers, friends and others in an effort to protect their holdings from sanctions’.

 

 

 

 

 

 

 

‘We value a variety of assets, including private companies, real estate, art and more. We don’t pretend to know each billionaire’s private balance sheet (though some provide it). When documentation isn’t supplied or available, we discount fortunes’.

celebrity radar - gossips

Self-Anointed Financial Guru, Geh Geh, Celebrates the Launch of His Luxury Hotel

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Self-Anointed Financial Guru, Geh Geh, Celebrates the Launch of His Luxury Hotel

Self-Anointed Financial Guru, Geh Geh, Celebrates the Launch of His Luxury Hotel

 

Popular financial influencer and self-proclaimed guru, Geh Geh, has officially opened the doors to his new hotel, marking another milestone in his ever-evolving career. The hotel, a modern and tastefully furnished establishment, was unveiled on December 22nd amidst a wave of excitement from his followers and supporters.

Taking to his X page a few days prior to the launch, Geh Geh teased his fans with the announcement, hinting at the grand opening. True to his word, the influencer shared clips from the event, including a moment where his pastor prayed over the establishment during its official dedication.

The event was attended by friends, family, and well-wishers, who gathered to celebrate his achievement. Online reactions, however, have been a mix of admiration, skepticism, and humor as netizens took to social media to share their thoughts on Geh Geh’s latest accomplishment.

Social Media Reactions

The news of Geh Geh’s hotel opening has sparked lively conversations across social platforms. Some users congratulated him on his success, while others questioned the legitimacy of his wealth and mocked the idea of a pastor blessing a hotel.

  • @BIG🌍 AP❣️: “Finally, Geh Geh don get the congratulations 🎉 way him dey find since lol 🤣🤣 Congratulations 🎉 Opueh Presido.”
  • @ucheuch2 MMM: “Geh Geh no get hotel.”
  • @Quency baby 🫂🥹: “Dem open hotel, pastor dey pray 🤦‍♀️.”
  • @Elbulletin: “So this guy gets money?”
  • @Boy alone💜🧎‍♂️🧎‍♂️☹️: “Omo, wait oh, na Geh Geh really get am? Omo, if na him, I go start worship Geh Geh online oh 😞.”
  • @Babatunde Phillip: “Imagine a pastor attending the opening ceremony of a hotel where Geh Geh said girls go cryyyy.”
  • @user97174499693224: “So pastor dey pray for hotel opening 😂😂😂.”
  • @ABIODUN__🌴💙🚬: “I dey cryyyyyyy now, if to say I know, I for worship Geh Geh online 😭😂.”

While the reactions may vary, one thing is clear: Geh Geh knows how to command attention. As he steps into the hospitality business, all eyes will be on him to see if the financial guru can translate his influence into success in this new venture.

 

@unclenasco_

Congratulations to Geh Geh , he has finally opens his hotel 🏨 

♬ original sound – Nasco

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Oleksandr Usyk Defeats Tyson Fury Again, Solidifies Legacy Among Boxing Greats

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Oleksandr Usyk Defeats Tyson Fury Again, Solidifies Legacy Among Boxing Greats

Oleksandr Usyk Defeats Tyson Fury Again, Solidifies Legacy Among Boxing Greats

Ukrainian boxing sensation Oleksandr Usyk retained his heavyweight championship titles and cemented his place in boxing history with a unanimous decision victory over Britain’s Tyson Fury in their rematch on Saturday night.

The judges scored the bout 116-112 in Usyk’s favor across the board, marking his second consecutive win over Fury. This victory extended Usyk’s flawless professional record to 23-0, with 14 knockouts, adding another chapter to a career already highlighted by Olympic gold and an undisputed cruiserweight championship.

A Masterclass Performance

Usyk, 37, showcased his signature precision and relentless pace, repeatedly catching Fury with clean left hooks and dominating the latter stages of the fight. Fury, at 6ft 9in (206cm) and weighing a career-high 281 pounds, attempted to impose his physicality but was unable to break Usyk’s composure.

The fight, held in Saudi Arabia, saw Usyk wearing traditional Cossack attire during his entrance, while Fury entered the arena dressed in a festive Santa-inspired robe to Mariah Carey’s “All I Want For Christmas Is You.”

The early rounds were competitive, with Fury landing powerful jabs and body shots. However, Usyk’s endurance and tactical brilliance began to shine in the middle rounds. The Ukrainian landed sharp combinations and dictated the tempo, including a stunning uppercut in the final round that left little doubt about the outcome.

“I thought I’ve won both fights,” Fury said post-match, sporting a bruised right eye. “But I’ll always believe until the day I die that I won that fight.”

A Legacy Sealed

Usyk’s victory solidified his standing as one of the greatest heavyweights in history. Already the first undisputed heavyweight of the four-belt era, Usyk joins the ranks of legends like Muhammad Ali, Joe Louis, and Mike Tyson.

The bout, reported to have a prize purse of $190 million, also underscored Saudi Arabia’s growing influence in global sports. Usyk, who served briefly as a soldier during Russia’s invasion of Ukraine, celebrated his victory by hoisting a symbolic sabre belonging to Ukrainian nationalist hero Ivan Mazepa.

Fury’s Uncertain Future

The defeat leaves Fury’s future in doubt. Once unbeaten across 35 fights, Fury now stands at 34-2-1. His attempt to reclaim glory after a brief retirement in 2022 has been marred by back-to-back losses to Usyk.

Usyk, on the other hand, continues to add to his already remarkable resume, leaving fans and critics alike in awe of his technical skill, resilience, and determination. As the heavyweight division looks ahead, Usyk’s reign appears unshakable, and his place among boxing’s all-time greats is firmly secured.

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Testimony Jaga Redefines Gospel Music with Fuji Rhapsody

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Testimony Jaga Redefines Gospel Music with Fuji Rhapsody

Renowned gospel artist Testimony Jaga has set a new standard in the genre with the release of his highly anticipated album, Fuji Rhapsody. This innovative project masterfully blends the electrifying rhythms of Fuji music with uplifting gospel messages, offering a unique and transformative musical experience.
With a runtime of approximately one hour, Fuji Rhapsody takes listeners on a continuous, spiritually enriching journey, brimming with energy and inspiration. The album is available for streaming on popular platforms, including Spotify, iTunes, Audiomack, Boomplay, and more.
Whether you’re a fan of vibrant Fuji beats or seeking soul-stirring gospel tunes, Fuji Rhapsody is an album that promises to inspire and uplift. Press play and let its powerful melodies rejuvenate your spirit today!
Stream Fuji Rhapsody Here:

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