According to Forbes---Exactly half of Africa’s 20 billionaires got
richer in 2016
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, Forbes
reports
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
Adenuga owns Nigerian telecom company Globacom and Nigerian oil company
Conoil Producing
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
In spite of the economic recession in Nigeria, Mike Adenuga's networth in 2016 sky rocket
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