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Showing posts with the label FORBES BILLIONAIRE'S LIST

WEALTHY LAGOS $1.3MILLION DOLLAR (BUGATTI SPOTTED ROLLING OVER SPEED BUMPS)

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In between the chaos and speed bumps of lagos. The wealthy show of their toys and we got a picture to prove it below. What you are looking at is a photo of the Bugatti. Only in Nigeria can someone buy a Bugatti with bad roads and tropical rain but hey you have wealth show it off right? Want to know what the full specs and cost to own one ?

IMPRESSIVE NEWS! FEMI OTEDOLA BREAKS INTO FORBES BILLIONAIRE'S LIST!

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pic source: Pius Utomi/AFP/Getty Images Check this out, number 601 on Forbes BILLIONAIRE'S LIST Net Worth:$1.2 bil Fortune:self made Source:Energy Age:42 Country Of Citizenship:Nigeria Residence: Industry:Energy Education:NA, Marital Status:married, 4 children Politician's son used a majority stake in African Petroleum to get himself appointed its chief executive last year. Now he plans to merge it with his private firm, Zenon, to create the continent's largest oil company. Deal has stalled in the face of government concerns about a monopoly, with his assets temporarily frozen last year. Nigerian regulators lifted the ban in January. Conflict abounds in Otedola's life: he claims his friend and fellow billionaire, Aliko Dangote, broke a gentleman's agreement when he thwarted Zenon's bid to buy Chevron's local subsidiary in September. In retaliation, starting buying shares in Dangote's publicly traded sugar company....

ALIKO DANGOTE 261 ON FORBES BILLIONAIRES LIST JUST RELEASED AN HOUR AGO!

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Here is how it is listed on FORBES: "Net Worth:$2.5 bil Fortune:inherited and growing Source:sugar, flour, cement manufacturing Age:51 Country Of Citizenship:Nigeria Residence:Lagos Industry:Manufacturing Education:NA, Marital Status:NA, Though initial offerings of his sugar and flour companies were oversubscribed in 2007, stocks in both have fallen nearly 70% since last February. Using his role as committee member on government economic advisory board to encourage federal government to rescue the nation's capital markets. His conglomerate, the Dangote Group, has expanded its cement operations with new plants across Nigeria and as well as South Africa and Ethiopia. Sparring with new Nigerian billionaire Femi Otedola over oil and gas concessions; Otedola parried by buying up stock in Dangote's companies. Dangote began career as trader at age 21 with loan from his uncle; built his Dangote Group into conglomerate with interests in sugar, flour milling, salt processing, cement...