Forbes List Of 21 Richest Nigerians

Forbes magazine has reviewed the top 21 richest Nigerians based on the value of their shares held in quoted companies, the size and market share of their companies, the number of companies they own and their assumed value, the market value of their company’s brand and the impact of their companies on the Nigerian economy.

Despite the harsh terrain and business challenges involved with starting a business in Nigeria; the successful entrepreneurs listed below held their ground and fought their way to the top. In a country with a population of over 160 million inhabitants and millions of businesses; these 20 entrepreneurs diligently carved their names in the sands of time.

Check out the list below.

Forbes Lists Don Jazzy As The Richest Nigerian Artiste, 2nd In Africa

Forbes in conjunction with urban music channel 'Channel O' have released the list of Top 10 richest African musicians in 2013. The ranking is based on artist Sales, Social -Media presence, endorsement value, YouTube views, show rates, influence,  appearance in newspapers, investments, popularity, e.t.c.

Forbes/Channel O Top 10 Richest/Bankable Africa Artistes 2013
 1)Akon– Senegalese-American (Founder, Konvict Music).   

 2) DON JAZZY – Rank as Best African and Nigeria Music Producer. CEO Mavin Records, Samsung, Loyal Milk and MTN  brand ambassador, influential producer. Having produced Songs for D’Banj, Kanye West, Beyonce and American Rap Mogul Jay Z on production credit.
 Click below to see the rest of the list.

 3) P SQUARE – Ranked as Best African Music Group.  Featured on Forbes Magazine for Africa twice, sold out concert, presidential guest in at least 5 African countries, they fly a private jet.
   
 4) D’BANJ – CEO of DB Records, Music Artiste. International music brand, GOOD Music, Def Jam, Mercury deal, Sony Entertainment Music distribution deal.

5) WIZKID – Music Artiste. EME artiste, Starboy CEO, affiliation with Disturbing London, international collaboration with Wale and others, performed twice on state with American Pop Singer Chris Brown, highest paid Pepsi ambassador in Africa, MTN ambassador.
   
 6) 2FACE IDIBIA – Music Artiste. churned out 10 million discs and have at  least 7 million digital sale, UN ambassador For Youth And Peace, associated with Guinness, Haven Homes, Airtel Worldwide and philanthropist – Tuface Idibia Foundation.
  
 7) ANSELMO RALPH – Music Artiste, Samsung and Coca Cola ambassador, called Angola prince, owns a Perfume line, a clothing label, owns a multimillion dollar tour bus, a Sony Music African artist.
 8) SARKODIE – Ghanian Rapper. Presidential Youth Ambassador in Ghana,  owns Sark clothing, a Samsung and Fan Milk ambassadors respectively in his country, Ghana.

 9) ICE PRINCE – Music Artiste. Multi award winning Rapper, having  Six million downloads, owns 2 studios, One Foundation member, Plug N Play ambassador, Zamani Foundation

 10) BANKY W – Music Artiste. Co owner EME, Samsung Ambassador, Philanthropist, multiple award R&B and Soul winner.

Prince Alwaleed Bin Talal Insulted At Only Being No 26 On Forbes Rich List

Prince Alwaleed Bin Talal is threatening to boycott an annual list of the world’s super-rich, after Forbes magazine claimed he was  worth ‘only’ £13billion.

He is unhappy with a ‘flawed’ estimation of his wealth, which left him languishing in 26th place with a mere £13billion.

Prince Alwaleed, the Saudi King Abdullah’s nephew, insists his investments in London’s Savoy Hotel, Apple, Citigroup and News Corp have been undervalued.

According to the prince’s calculations he should have been ranked at number ten with a £19.5billion fortune, right behind L’Oreal heiress Liliane Bettencourt.

Dangote Is Now The 43rd Richest Man In The World

Nigerian Cement tycoon retains his position as Africa's richest man for the third year in a row. The past year has been eventful for Dangote. In October, he sold off a controlling stake in his flour milling company to Tiger Brands of South Africa. He pocketed $190 million in cash. In February, his Dangote Sugar Refineries acquired a 95% stake in Nigerian sugar producer Savannah Sugar in a bid to maintain its dominant position in the Nigerian sugar industry.