Meet the 2 Nigerians richer than Donald Trump

Posted on November 10 2016 , at 02:51 pm
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  • Donald Trump is the 156th richest man in America and 324th richest person in the world with a net worth of $3.7b.

Donald Trump1
The American businessman and politician is into television and real estate. Credit: AP

Donald Trump is the 156th richest man in America and 324th richest person in the world with a net worth of $3.7b.

The 70-year-old entrepreneur and TV personality was elected President on November 8, 2016, defeating Democratic candidate Hillary Clinton, and will take office January 20, 2017.

These are the two Nigerians richer than the new U.S. President-elect:

1. Aliko Dangote

Aliko Dangote
Dangote wants to make Nigeria a proud country again with a rather ambitious project; a mega refinery. The expansive refinery reportedly costs $9b and will be among the world’s largest when completed, with an estimated 650,000 barrels of crude oil being refined there per day. Credit: Various

Net worth: $11.9b

Source of wealth: Cement, Sugar, and Flour

Africa and Nigeria’s richest man, Aliko Dangote founded and chairs Dangote Cement, the continent’s largest cement producer.

2. Mike Adenuga

Mike Adenuga
Adenuga’s Globacom is the second largest telco in Nigeria. Credit: Various

Net worth: $6.6b

Source of wealth: Telecom and Oil

Mike Adenuga’s mobile phone network, Globacom, is the second largest operator in Nigeria with 32 million subscribers; it also has operations in Ghana and the Republic of Benin.

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