Alakija drops out of 2021 Forbes list of billionaires
Nigeria now has only three billionaires on 2021 Forbes list of world billionaires, with the dropping off of executive Vice- Chairman of Famfa Oil Limited, Folorunsho Alakija.
This is the second time in a row she is dropping off the list.
Released on Tuesday, the new list has Aliko Dangote, Chairman of Dangote Group, Mike Adenuga, Chairman of Globacom and Abdulsamad rabiu, Chairman of BUA group.
In 2019, Alakija made the Forbes list of world billionaires and was ranked 1,941, in a list of 2,153 billionaires, with a net worth of $1.1 billion. The oil tycoon dropped off the global billionaires’ list in 2020, although she still emerged as 20th richest African billionaire in 2020.
Forbes said Alakija’s fortune dropped below $1 billion due to lower oil prices because she is mainly into oil exploration.
Dangote retained the top spot of Africa’s richest person with a net worth of $11.5 billion, making him the 191st wealthiest person in the world.
He owns 85% of publicly traded Dangote Cement through a holding company and has shares in publicly traded salt and sugar manufacturing companies.
Adenuga, Nigeria’s second richest man, was ranked 440th richest in the world with a net worth of $6.1 billion, up from $5.6 billion in 2020.
Rabiu emerged as 574th richest person in the world with an estimated fortune of $4.9 billion. He also maintained the position of sixth wealthiest person in Africa.
Despite the worldwide economic impact of the Coronavirus outbreak, Forbes said an additional 660 individuals were added to its 2021 billionaires list.
