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3 Nigerians Make List Of Forbes 2018 World’s Richest Black Persons

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There Nigerians have made it to Forbes list of 2018 Richest Black People. They are Aliko Dangote, Mike Adenuga and Foloronsho Alakija.

In the list released by Forbes, the Nigerians came first, third and eighth, respectively, among the richest black people.

1. Dangote is not only Africa’s richest man, he’s also the richest black person in the world.

Dangote built his fortune trading in cement, sugar, and flour but subsequently ventured into manufacturing these commodities. His Dangote Cement is the largest cement producer in Africa with operations in several African countries. In January he announced plans to establish a$100million truck manufacturing facility in Lagos in partnership with SINOTRUK, a Chinese firm.

2. Saudi Arabian Mohammed Al-Amoudi, who is worth $8.4billion, is the second person on the list of black’s richest persons.

Mohammed Al-Amoudi is also one of the richest men in the Arab world. His mother was Ethiopian and he has been investing heavily in the African country for many years.
In Ethiopia, he owns Midroc Ethiopia Technology Investment Group with investments in gold mining, leather production, agro-processing, transport, and construction. Outside Ethiopia, he owns oil refineries in Morocco and Sweden and oil fields off West Africa.



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