Certified Ok! - Okay.NG - Formerly Forumspotz

Forbes Names Mike Adenuga Only Nigerian Billionaire Who Got Richer In 2016

0

Forbes Named Nigerian Billionaire, Mike Adenuga got richer in 2016.

 

Mike Adenuga


 

”The continent’s biggest gainer — in both dollar and percentage terms – is Nigerian oil and telecom tycoon Mike Adenuga, whose net worth increased $2.7 billion to $5.8 billion since December 31, 2015. No other African billionaire added more than $1 billion to his or her net worth in the past year. Overall, the combined net worths of African billionaires decreased $3.1 billion in 2016,” Forbes wrote.

”While Adenuga’s net worth has increased since the beginning of 2016, it has dropped significantly since March 2016, when FORBES valued his fortune at $10 billion on the 2016 Billionaires List. Since then, his net worth has dropped $4.2 billion, due to the devaluation of the Nigerian Naira and the country’s struggling oil sector. Adenuga was the only Nigerian billionaires whose net worth increased this year.”



Receive Alerts on: Whatsapp: +2348139009126 (WhatsApp Only), Twitter: @OkayNigeria, BBM: 5930781D

Leave A Reply

Your email address will not be published.