Alhaji Aliko Dangote; and Chairman of
Globacom, Dr. Mike Adenuga, saw
their net worth declined by $ 3 . 2 bn
and $ 4 . 2 bn , respectively in the past
year, according to Forbes 2017
World ’s Billionaires list .
Dangote retained his position as
Africa’ s richest person in the latest
ranking , with a fortune of $ 12 .2 bn ,
although he was ranked 105 th as
against 51 st last year.
The Chairman of Forte Oil, Mr. Femi
Otedola; and the Chairman / Chief
Executive Officer , BUA Group ,
AbdulsamadRabiu, were missing on
the list . They were worth $ 1 .8 bn and
$ 1 . 1 bn , respectively last year.
In 2015 , Otedola re - joined the list of
African billionaires after a five - year
hiatus, with a $ 1 bn fortune .
The net worth of the Founder and
Executive Chairman , Famfa Oil
Limited , Mrs . FolorunshoAlakija, was
unchanged at $ 1 . 6 bn , coming in the
1 ,315 th position, down from 1 ,121 st
last year .
This year , the number of billionaires
jumped by 13 per cent to 2 ,043 from
1 ,810 in 2016 , the first time ever that
Forbes has pinned down more than
2 ,000 10 - figure - fortunes .
Their total net worth rose by 18 per
cent to a record $ 7 . 67 tn , with the
increase in the number of billionaires
described as the biggest in the 31
years that Forbes has been tracking
billionaires globally .
Bill Gates is the number one richest
for the fourth year in a row , and the
richest person in the world for 18 out
of the past 23 years . He has a fortune
of $ 86 bn , up from $ 75 bn last year .
Amazon ’s Jeff Bezos had the best year
of any person on the planet , adding
$ 27 . 6 bn to his fortune , and is now
worth $ 72 .8 bn , moving into the top
three in the world for the first time , up
from number five a year ago .
Warren Buffett had the second- best
year, and the biggest gain since Donald
Trump was elected United States
President in November 2016. His
$ 14 . 8 bn jump in 12 months was
enough for him to grab back the
number two spot from Amancio
Ortega, founder of Spanish clothing
chain , Zara.
Ortega’ s fortune was up by $ 4 . 3 bn
since last year, but he still fell to
fourth in the world, unable to keep up
with the outsize gains of others .
The founder of Facebook, Mark
Zuckerberg, moved up to number five
for the first time , after his fortune rose
by $ 11 .4 bn in 12 months .
Carlos Slim of Mexico fell to number
six , the first time he ’s been out of the
top five in a dozen years.
President Trump saw his net worth
decline by $ 1 bn to $ 3 . 5 bn . His
position on the Forbes’ ranking
dropping 220 spots , leaving him tied
with 19 others as the 544 th richest
person in the world.
There were 195 newcomers , including
26 - year- old John Collison , who is now
the world’s youngest self - made
billionaire, just two months younger
than Snapchat ’s Evan Spiegel .
There are 56 billionaires under age 40 ,
down from 66 last year , after some
aged out and others dropped below the
$ 1 bn mark .
The Forbes billionaires list is a
snapshot of wealth taken on February
17 , and stock prices and exchange
rates from around the world were used
to calculate their net worth .
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