And more people like Elumelu, Awosika, Stanley Ekeh, would have made the cut. Devaluation of naira is holding it grip not only on the poor and average Nigerians - but also the rich are equally taking a bite.
the interesting failure of south africa has been the inability of the ANC to keep the economy growing at 4-5% & empowering upcoming black entrepreneurs and industrialists. based on SA's incredible infrastructure & world-class institutions, young black south africans would've been thriving now
@@lm_b5080anc was corrupted by rich white elitr who bribed politicians to protect their wealth and rule on soith africa. apartheid still exists its just less visible and violent now
@@lm_b5080 but they arent and its mostly due to the huge fkin ANC corruption with them giving family members positions they arent qualified for which destroyed the electric infrastructure basically
@@lm_b5080 The country traded in a stable economic outlook for the chaos and tomfoolery that was Jacob Zuma. I don't think they fully appreciate how big an f-up Zuma's ascendancy to power was.
Insha'Allah. So plan and work toward it, but chase a problem and solve it then the money will chase you. Africa has a lot of potential. Many will come. Please be of the good ones.
The naira has absolutely nothing to do with their assets. All Billionaires have divested portfolios all over the world. If one fails, other portfolios make money and lots of it. 😊
My name is Nick and i am from ASIA ................ These incredible individuals are an INSPIRATION to my LIFE. They are from places that are not easy to survive, but they built their way up and has shown this world how their presence is positive and helped so many people and even possibly carry their country out of poverty. All of them - i admire Alike Dangote.
you must have these things in mind 1. Have a long term mindset. 2. Be willing to take *risk*. 3. Be careful, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with an assistant.
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH. stock,silver and gold)
When it comes to Trade, I can confidently say that bitcoin is the best option. But most people think it's all about buying and leaving it to rise but It takes a lot more you need to trade it to earn daily.
I trust Bloomberg billionair list more than Forbes list. Dangote is worth more on the Bloomberg list which I believe is accurate. Dangote just finish his Oil Refinery and Ferterlizer Plant with 70% of his own money. Profit from his cement factories arround Afriica and Nigeria were put into those project.
As an algerian there way more than 1 billionaire in algeria. I used to live in one of the money laundering cities and the amount of money there is just unfathomable. that's without talking about the politicians who stole 2 trillion dollars in the past.
and this says something.. maybe that black people dont know how to keep generationzl wealth? cause why are most of them first generation billionaires while the white people pass it down.
Investing in Africa presents a transformative opportunity for both the continent and global stakeholders. With its youthful population, abundant natural resources, and untapped markets, Africa is poised to become a global economic powerhouse. However, successful investment requires a commitment to sustainability, local capacity-building, and inclusive growth. Addressing challenges such as infrastructure gaps, governance issues, and climate resilience can unlock immense potential while ensuring that investments benefit communities and foster long-term prosperity. Africa’s future is bright, but responsible and strategic investment is key to realizing its promise.
It is shocking how some of you write comments with very, very little knowledge of the geopolitics behind wealth creation in certain countries or, regions. 😉
"and family" is usually a common phrase when talking about wealth in Africa. There's need for better distribution of wealth. If America has tens of billionaires then there should be millions of opportunity for growth when it comes to "a dedicated nobody". And another thing is that most of the wealth form this high net worth individuals come from natural resources (or are included as)
Redistribution of wealth is an oxymoron created by Socialists who doesn't understand concept of value. Wealth and Economy by nature is unequal. If it's same across board it wouldn't be wealth as it wouldn't hold any value. Something's value depends on how edgy, rare and attractive it is. If it's equally held by everyone it's value would be diminished. This is why wealth redistribution is a stupid idea. What we want is effective mass poductions of goods so that everyone can fullfill basic needs cheaply. Simply redistributing money without production would only to Inflation
@@HettiOGGames This is a prayer of faith knowing fully that faith without works is dead (James 2:17). It is up to you not to pray but don’t tell me what to do. Tamam
Bernard Arnault is French with no connection to South Africa and Elon musk does most of his business in America and is also an American citizen so it’d be more fitting to put him on an American list even though he is a South African citizen
@@lemuhuruElon spent most of his life in North America. His family is also north American. His mother is Canadian born which he means he's automatically a Canadian citizen. His grandfather is also American.He bought American companies like Tesla, Twitter etc and he built his empire there.
@@tristangamz2679 Elon spent most of his life in North America. His family is also north American. His mother is Canadian born which he means he's automatically a Canadian citizen. His grandfather is also American.He bought American companies like Tesla, Twitter etc and he built his empire there.
Is there a stable power supply in your country? Name one billionaire in your country. I bet you got none! You should be shamed of yourself instead because you can not even name your country so we drag it.
@@colinpowell1377 not only are yourself not on that list, the other guy never claimed he was, he simply asked a simple question. Before you ask others why they aren't billionaires perhaps you should ask yours that question
So because the billionaires in Africa have different platforms and priorities of media, now Forbes want to cover them more at scale, this the same Forbes that listed Kylie jenna as a 💸 billionaire before listing a black woman before her who did become one before kylie and also the same Forbes magazine that dint or hasn’t realized Kylie copied most f her style off rihanna.come clean in ur coverage
@@skp8748he was born a Canadian and South African. His mum is Canadian but was born in Canada and raised in SA. His grandfather is American too. His grandfather moved to SA and ended up having his family there. Musk is essentially the family of Canadian/US expats.
@@ibrahimsuleiman8473he grew up in Canada and later the US. Elon Musk on his success: 'America is the land of opportunity - there is no other country where I could have done this' He's more of a venture capitalist. He didn't create Twitter or Tesla. He took over them. Its only space x which he created and that's one of the main US space corporations
@@ibrahimsuleiman8473 he grew up in Canada and later the US. Elon Musk on his success: 'America is the land of opportunity - there is no other country where I could have done this' He's more of a venture capitalist. He didn't create Twitter or Tesla. He took over them. Its only space x which he created and that's one of the main US space corporations
The Algerians? By owning The Ritz Hotel and by Water Desalination tech. All of that while in El Harache Prison! That's true unbreakable hard-core entrepreneurial spirit!
The naira devaluation messed the Nigerian billionaires up , they could've been worth atleast 50b$ upwards and Nigeria would've had atleast 10 billionaires in $ but regardless
Billionaires in Africa know why Africa is poor but they keep quiet...the reason a person like Dangote is so rich is because he pays little to import products from foreign countries needed in his operations. While his businesses provide meaningful jobs for those who work for him...we neen more business widespread in Africa so people can earn money...the high Tariffs make it impossible for major companies to start businesses in Africa...the ones that have are in bed with our politicians just like Dangote. They know yet they watch us suffer.
Dangote and adenuga are dragged down by the depreciating naira. If they had a more stable currency they'd be roughly 50-60 billion dollars
That's very true if the naira was stronger even the average Nigerian would be living a decent life
@icetrip2417 well naira is still depreciating they wealth will downfall.
And more people like Elumelu, Awosika, Stanley Ekeh, would have made the cut. Devaluation of naira is holding it grip not only on the poor and average Nigerians - but also the rich are equally taking a bite.
Not true. They have fixed assets, unaffected by the tumbling and unstable Naria.
@@kiuk_kiks much of their wealth is tied to the stock market whose price is in the naira and certainly not a fixed asset
The inequality in South Africa dou is INSANE
the interesting failure of south africa has been the inability of the ANC to keep the economy growing at 4-5% & empowering upcoming black entrepreneurs and industrialists. based on SA's incredible infrastructure & world-class institutions, young black south africans would've been thriving now
@@lm_b5080anc was corrupted by rich white elitr who bribed politicians to protect their wealth and rule on soith africa. apartheid still exists its just less visible and violent now
@@lm_b5080 but they arent and its mostly due to the huge fkin ANC corruption with them giving family members positions they arent qualified for which destroyed the electric infrastructure basically
I rather be a humble pessant that be a rich billionheir in any country.
@@lm_b5080 The country traded in a stable economic outlook for the chaos and tomfoolery that was Jacob Zuma. I don't think they fully appreciate how big an f-up Zuma's ascendancy to power was.
Very motivational 🎉 I'll be on this list one day 🙏
I believe you
cap
Insha'Allah. So plan and work toward it, but chase a problem and solve it then the money will chase you. Africa has a lot of potential. Many will come. Please be of the good ones.
Amen
ME TOO
Beautiful. Only if the Naira stay it ground. Dangote and Adenuga would definitely be far ahead on the list.
The Naira will never be great until the power sector is fixed. Nigeria cannot grow without stable electricity.
The naira has absolutely nothing to do with their assets. All Billionaires have divested portfolios all over the world. If one fails, other portfolios make money and lots of it. 😊
The Oppenheimer family doesn’t have a “control“ spot in the Diamond industry. They have a monopoly.
they never tell tge truth, they always tone down things
can't be true, how?
Can't wait to be on the list
Believe, do your best and you gonna make the list
My name is Nick and i am from ASIA ................ These incredible individuals are an INSPIRATION to my LIFE. They are from places that are not easy to survive, but they built their way up and has shown this world how their presence is positive and helped so many people and even possibly carry their country out of poverty. All of them - i admire Alike Dangote.
I HAVE INCURRED SO MUCH LOSSES TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED.
I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.
Kate Floretta
Face book
you must have these things in mind
1. Have a long term mindset.
2. Be willing to take *risk*.
3. Be careful, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with an assistant.
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH. stock,silver and gold)
When it comes to Trade, I can confidently say that bitcoin is the best option. But most people think it's all about buying and leaving it to rise but It takes a lot more you need to trade it to earn daily.
I trust Bloomberg billionair list more than Forbes list. Dangote is worth more on the Bloomberg list which I believe is accurate. Dangote just finish his Oil Refinery and Ferterlizer Plant with 70% of his own money. Profit from his cement factories arround Afriica and Nigeria were put into those project.
I will be the first Zambian billionaire
cap
In Zimbabwe dollars maybe.
@@stephenbachmann1171 us dollars I'm very optimistic
@@stephenbachmann1171in US dollars
I'm really much impressed with your personality here. And your posts are so interesting..
I’m going to be on this list
As an algerian there way more than 1 billionaire in algeria. I used to live in one of the money laundering cities and the amount of money there is just unfathomable. that's without talking about the politicians who stole 2 trillion dollars in the past.
4:11pm 11-27-24 Wed
Richest people in South African just notice how their fortune comes from a family generational wealth.
and this says something.. maybe that black people dont know how to keep generationzl wealth? cause why are most of them first generation billionaires while the white people pass it down.
Investing in Africa presents a transformative opportunity for both the continent and global stakeholders. With its youthful population, abundant natural resources, and untapped markets, Africa is poised to become a global economic powerhouse. However, successful investment requires a commitment to sustainability, local capacity-building, and inclusive growth. Addressing challenges such as infrastructure gaps, governance issues, and climate resilience can unlock immense potential while ensuring that investments benefit communities and foster long-term prosperity. Africa’s future is bright, but responsible and strategic investment is key to realizing its promise.
It is shocking how some of you write comments with very, very little knowledge of the geopolitics behind wealth creation in certain countries or, regions. 😉
Congratulations Nigeria ❤
It's not your money😂😂😂
"and family" is usually a common phrase when talking about wealth in Africa. There's need for better distribution of wealth. If America has tens of billionaires then there should be millions of opportunity for growth when it comes to "a dedicated nobody". And another thing is that most of the wealth form this high net worth individuals come from natural resources (or are included as)
Have self respect make your own wealth and stop cry for other people's hard earned profits.... Socialism is for lazy people.
Redistribution of wealth is an oxymoron created by Socialists who doesn't understand concept of value.
Wealth and Economy by nature is unequal. If it's same across board it wouldn't be wealth as it wouldn't hold any value. Something's value depends on how edgy, rare and attractive it is. If it's equally held by everyone it's value would be diminished. This is why wealth redistribution is a stupid idea. What we want is effective mass poductions of goods so that everyone can fullfill basic needs cheaply. Simply redistributing money without production would only to Inflation
Nagyon szepen koszonom a josagotokat❤ kellemes szep estet kivanok❤
I pray for this type of grace to make for my me and my family members In Jesus name… AMEN !!!
No point in praying...
@@HettiOGGames This is a prayer of faith knowing fully that faith without works is dead (James 2:17). It is up to you not to pray but don’t tell me what to do. Tamam
Keep smoking weed.
I will br mentioned as a billionaire!
Amen
Amen me too 🙏🙏🙏
I'm going to be on this list some day be God's grace
These people must be doing some for women and children in Africa.
This is so huge for Nigeria and Africa in general.
They are really solving problems for this generation.
🎉
😂😂 . How pls??.
@@olutayo304no be this same Nigeria everybody dey??😂 ask him well pls
Over the next hundred years indigenous Africans will completely populate this list, foreigners shouldn't have too much power in Africa.
What 'foreigners'? Literally all of these men were born on Africa.
@@Nswix white people in South Africa. Their wealth is a direct result of colonialism and apartheid.
You don't know what you are saying.
@@Nswixyou know exactly what he means, lineage of some of them aren’t from the motherland.
@@02nupeSo? If they were born in Africa, they are African. Doesn't matter if they're white
We need to be honest about those white europeans who claim to be south africans and are on the forbes list because of apartheid 😊
If there black Americans and black English then there can be white South Africans, there were whites there also before apartheid
@@YatzarEL-17 but these ones benefitted from torturing and stealing from blacks. I don't want them on the list
@@YatzarEL-17 you true men
Soon i will be on that list
Did you make it yet?
forbes should create a list of billionaires with liquid cash stock prices networth can be manipulated and its not real cash
That would be so hard can keep cash in your house
Forbes doesn't have access to their private holdings. All they can do is estimate their holdings.
I will join the list soon
😂😂😂😂😂
Black man made it to #1 its our contitent
Yessir he's a hard worker he has also donated $1.4B ❤
All humans came from Africa
No, its not our continent. Till we free all countries from corrupt politicians and neo-imperalist chains.
I am going to be on the list in the future ✌🏻
You won't
Best believe I will part of this list in next 10 years
More power to them.
1:13 play are they attaching cables to palm trees?
It's just a design .... it's not a real tree its a cell tower
Doesn't Zimbabwe already have trillionaiers.
Thanks. It was helpful
Inspiring, thanks for sharing.
1:15 my hometown Somerset West😅🔥
Elon Musk and Bernard Arnault are South Africans, so why are they not in this list
Because Bernard is French, born in France and made his money in France as well.
Bernard Arnault is French with no connection to South Africa and Elon musk does most of his business in America and is also an American citizen so it’d be more fitting to put him on an American list even though he is a South African citizen
Even Tope Awotona and Bayo Ogunlesi are Nige-rians, but not on Africa's billionaires list.
@@lemuhuruElon spent most of his life in North America. His family is also north American. His mother is Canadian born which he means he's automatically a Canadian citizen. His grandfather is also American.He bought American companies like Tesla, Twitter etc and he built his empire there.
@@tristangamz2679 Elon spent most of his life in North America. His family is also north American. His mother is Canadian born which he means he's automatically a Canadian citizen. His grandfather is also American.He bought American companies like Tesla, Twitter etc and he built his empire there.
And where is Abdul Samad Rabiu of nigeria?
May be he communicated to Forbes not to be included.
He's included, but 'only' worth $6.4 billion, so he doesn't make the top 5, he's #6
3:17 this guy must be mistaken cartier is owned by French and Swiss companies
Johan Rupert owns the companies that own Cartier ,Mont Blanc etc
Why Elon musk isn't in list?
The same reason the owner of calendify isn't cuz they created their wealth in usa with us citizenships
Requiring shares from Multinational corporates against Either exclusivity to operate in the market or other services of protection of their businesd
Where is Malawi
Finished watching 4:48
Yeah🎉
What about Sam Matekane the richest man in Lesotho
😂😂😂😂
I hope he says there for a good while.👊🔥
One day i well be in this lists
forgot almoudi from ethiopia
Still not stable power supply in Nigeria even though some of the richest men in Africa come from Nigeria. What a shame.
Is there a stable power supply in your country? Name one billionaire in your country. I bet you got none! You should be shamed of yourself instead because you can not even name your country so we drag it.
@@2LETLIVEhaving a couple rich, thugs while the vast majority of your population is in agonising poverty is nothing to brag about.
@@2LETLIVE having a couple rich, thugs while the vast majority of your population is in agonising poverty is nothing to brag about.
I aim to be bigger than a billionaire from Africa. I one day will become president of my country
You are forgeting about all does Nigerian princes who have billions of dollars to send to you if you give them a thousand first
😂
stale 😑
Aliko Dangote 🙌🙌🙌🙌🙌
The kings 👑
Ote$❤
Wow 😮 people day dis world wae get money oh. May Allah provide for us 🙏
Dey play 😂
What about Elon Musk (born in South Africa)
what about you? why you not on the the list
@@colinpowell1377 I dont really care that I am not on the list because at the end of the day we shall all die and be buried with nothing
@@colinpowell1377what kind of stupid question is that
@@YatzarEL-17 the kind of question you don't ask when you can never belong to a similar list
@@colinpowell1377 not only are yourself not on that list, the other guy never claimed he was, he simply asked a simple question. Before you ask others why they aren't billionaires perhaps you should ask yours that question
Coming
Where my am?
Waiting in the Wings
isn't Elon African as well?
His wealth is in America and using a US citizenship and lives in USA I think.
Corruption? Embezzlement?
maybe hard work and intelligence
@@colinpowell1377Some people have an inferiority complex.
So because the billionaires in Africa have different platforms and priorities of media, now Forbes want to cover them more at scale, this the same Forbes that listed Kylie jenna as a 💸 billionaire before listing a black woman before her who did become one before kylie and also the same Forbes magazine that dint or hasn’t realized Kylie copied most f her style off rihanna.come clean in ur coverage
What’s also interesting is how they spend it
What do u mean by how they spend?
johan rupert donated 10,000 title deeds for poor people to have their own homes recently
🙏🙏🙏🙏🙏
🎉🎉
"Don't wait to buy real estate. Buy real estate and wait." - Will Rogers
"The best investment on Earth is Earth." - Louis Glickman
Elon musk should be on this list his South African
No he's not
He doesn’t stay in Sa but his from SA
@@skp8748he was born a Canadian and South African. His mum is Canadian but was born in Canada and raised in SA. His grandfather is American too. His grandfather moved to SA and ended up having his family there. Musk is essentially the family of Canadian/US expats.
You forgot to mention Elon Musk. He is African too.
His business is outside Africa
@@ibrahimsuleiman8473he grew up in Canada and later the US. Elon Musk on his success: 'America is the land of opportunity - there is no other country where I could have done this'
He's more of a venture capitalist. He didn't create Twitter or Tesla. He took over them. Its only space x which he created and that's one of the main US space corporations
@@ibrahimsuleiman8473 he grew up in Canada and later the US. Elon Musk on his success: 'America is the land of opportunity - there is no other country where I could have done this'
He's more of a venture capitalist. He didn't create Twitter or Tesla. He took over them. Its only space x which he created and that's one of the main US space corporations
Elon left SA at 17😂. He moved to Canada. And he hated it there.
Elon left SA at 17😂. He moved to Canada. And he hated it there.
They have right
So
Forbes is still relevant?
What about Ethiopia we have shak Husain ali moudi
He's Yemeni and saudi citizen
0:43 Zimbabwe got more than a few billionaires. 😆
Nearly everyone in Zim has a trillion $$ note
Oh
Very interesting,but you should also do your research into how they inititialy started. You wont be praising them after that. smh
Ghana are part
Stealing (like our billionaires in the West)
Wheres Elon?
elon musk must be a golfer...
So why focus on the african billionaires....how many are there? And how many does the West have? Show us how they make their money....
where are the Batswana. It's fine I will stand for them one day
South Africa is technically representing Botswana. Patrice Motsepe is a South African Tswana.😂
Some Kenyan politicians are wealthier than every one in this list😅
😂😂😂
Every African president is a billionaire 😂😂😂
you mean dictator@@Dwaynesk
So who are the poorest billionaire???
Dangote currently at 20bn 🎉🎉
what u on my bro
Isn’t elon musk south africain? So should he not be first?
No and people forget he does not even like SA and he had a bad experience there
Congratulations Aliko Dangote and Mike Adenuga!🎉🎉🎉. The only two Africans on this list.🤔
The Algerians? By owning The Ritz Hotel and by Water Desalination tech. All of that while in El Harache Prison! That's true unbreakable hard-core entrepreneurial spirit!
Who?
🍿☕🌹👍👏👏👏👏👏🎉
The naira devaluation messed the Nigerian billionaires up , they could've been worth atleast 50b$ upwards and Nigeria would've had atleast 10 billionaires in $ but regardless
Doesn't Elon Musk count?
Whats Eddie Murphy doing on the bills at 10 seconds into the video?
Billionaires in Africa know why Africa is poor but they keep quiet...the reason a person like Dangote is so rich is because he pays little to import products from foreign countries needed in his operations. While his businesses provide meaningful jobs for those who work for him...we neen more business widespread in Africa so people can earn money...the high Tariffs make it impossible for major companies to start businesses in Africa...the ones that have are in bed with our politicians just like Dangote. They know yet they watch us suffer.
They become a prince and write you an email
That giraffe and savannah clip was so unnecessary
Why citizens poor...slavery still..
Billionaires shouldn’t exist
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We Nigerians 🇳🇬 know Adenuga and Dangote are not the richest in Nigeria, I can name 10 that I know that are times richer 😂🤣.
Name them abeg😂
@@markmuteti9578 them too plenty, you nor know 🤣🤣😂 dey whine abi .
politicians?
@@joye5761name them? 😂😊
@@markmuteti9578 lol, let's pretend like we don't know tinubu alone is richer than dangote
boooring crqp