FORBES RELEASES NEW BILLIONAIRE'S 2014 LIST!! THERE IS A NEW NIGERIAN BILLIONAIRE ON THE LIST!! WE LOVE IT! PLUS DANGOTE MOVES UP THE LIST!!
Forbes just released its annual bilionaires list and you will not believe this, but there is a new billionaire in town. First off can we just say how we love the picture above? Dangote is front and center. That is what you call inspirational. He also moves up the list.
Nigerian Millionaire Builds $500 Million Cement Plant To Rival Billionaire Dangote
That is how Forbes tagged the new Nigerian on the list.
Abdulsamad Rabiu, Chairman, BUA Group
Nigerian multi-millionaire tycoon Abdulsamad Rabiu is reportedly constructing a $500 million ultra-modern cement plant in Edo State in the south of Nigeria.
The cement plant, which will have a three million metric tonnes per annum (mtpa) capacity, is near completion and is expected to be commissioned early next year. Abdulsamad Rabiu disclosed this much last week in London during the signing of a $35 million contract agreement between his company, BUA Group andSiemens for the construction of a gas turbine power plant for the new BUA Group Edo Cement factory. Siemens is expected to supply three SGT 500 turbines with a total capacity of 450 megawatts to supply power to the cement plant.
This is really exciting news Jobs in EDO state fantastic, guess it is a good time to buy property there!
OTHERS IN THE LIST
OTHERS IN THE LIST
- Net Worth
- $2.5 Billion
- As of March 2014
Follow (40)
- Age
- 63
- Source Of Wealth
- oil, Self Made
- Residence
- Lagos, Nigeria
- Citizenship
- Nigeria
- Marital Status
- Married
- Children
- 4
Folorunsho Alakija on Forbes Lists
- #687 Billionaires
- #3 in Nigeria
- #13 Africa's 40 Richest
Nigeria's first female billionaire, Folorunsho Alakija built her fortune on fashion and oil.
- Net Worth
- $4.6 Billion
- As of March 2014
Follow (159)
- Age
- 60
- Source Of Wealth
- telcom, oil, Self Made
- Residence
- Lagos, Nigeria
- Citizenship
- Nigeria
- Marital Status
- Married
- Children
- 7
- Education
- Master of Business Administration, Pace University New York
Mike Adenuga on Forbes Lists
- #325 Billionaires
- #2 in Nigeria
- #267 in 2013
- #5 Africa's 40 Richest
Mike Adenuga is the founder of Globacom, Nigeria's second-largest mobile phone network, with 24 million subscribers
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