Orji Uzor Kalu, Tony Elumelu Join Forbes List Of World's Richest

Forbes Magazine just published its annual ranking of Africa's
50 Richest People, and former Abia state governor and
business man Orji Uzor Kalu and former MD of UBA Tony
Elumelu are listed as billionaires. And Nigeria has also
overtaken South African in the number of wealthiest.
According to Forbes, among the list of Africa’s 50 Richest,
Nigeria claims 13 spots while South Africa has 11
billionaires.
Africa’s 50 richest are also wealthier than a year ago. Their
combined net worth of $110.7billion is 6.7% more than in
Nov. 2013. The minimum net worth needed to join this elite
group rose to $510 million, up from $400 million a year
ago."
There are three new billionaires on the list: Orji Uzor Kalu of
Nigeria, Tony Elumelu of Nigeria and King Mohammed VI of
Morocco." Forbes reports.

Comments

Post a Comment

Popular posts from this blog

Jonathan Unveils Centenary City June 24 – Maku

President Goodluck Jonathan will perform the ground breaking of the Nigeria Centenary City project on June 24, Information Minister Labaran Maku said on Wednesday in Abuja.Maku, who said this when he briefed newsmen on the outcome of the weekly Federal Executive Council meeting, added that the city was in commemoration of the country’s centenary celebration.“Yesterday the Secretary to the Government of the Federation, Sen. Anyim Pius Anyim, formally informed the council that the plan of Mr. President to unveil a Centenary City in Abuja in commemoration of Nigeria’s 100 years is coming to fruition on June 24.“The President will be formally unveiling or doing the ground breaking of the Centenary City with which this administration plans to mark 100 years of Nigeria.“The Centenary city project is taking place on the airport road within the Wawa District of the FCT.“The city is going to be a modern city with a lot of facilities for commerce, with a lot of facilities for conferences, for re...
Read more

Barca Could Lose Messi to Madrid- Sanchez

Real Madrid legend Hugo Sanchez believes Barcelona could lose its playmaker Lionel Messi, 26, to the ‘Los Blancos’, if the careless nature with which the Argentine is being looked after continues. A Messi shock move to the Estadio Santiago Bernebeu cannot be completely ruled out says Sanchez, who played as a striker for the capital city club between 1985 and 1992. It is rare for a player to move between the two arch-rivals, with Javier Saviola being the only player to have done that in the past 14 years, when he left Barca for Real in 2007. Messi, a Product of Barca’s Famous La Masia Academy, Has Been With the Baulgranas Since 2000. Though Barca has reiterated willingness on improving the four-time player of the year’s current deal- which runs until 2018-, Sanchez believes they are vulnerable to bids. “Messi is not feeling valued highly enough by Barcelona with his contract and they must be careful,” Saviola told Bein Sport. “If Barca are careless, I can see Real Madrid s...
Read more

Follow due process in corruption fight, PDP tells Buhari

Image
The Peoples Democratic Party (PDP) has advised the Federal Government and the All Progressives Congress (APC) to follow due process in the fight against corruption. The party made the call in a statement issued by its National Publicity Secretary, Chief Olisa Metuh, on Tuesday in Abuja. It said that it was on the same page with the Federal Government in the fight against corruption but cautioned that due process must be followed. It said that the advice was necessary to ensure that the probe was not used as guise to victimise innocent citizens and curtail the freedom of Nigerians. The PDP stressed that it was not against the decision of the present administration to probe some past officials of government because they were PDP members. “The PDP supports the decision of the Federal Government to fight corruption in our country. “Democracy has come to stay in Nigeria and no citizen, irrespective of political, religious or ethnic affiliation, should be denied access to due process ...
Read more