Billionaires

African billionaires have come far in their wealth creation goals that started with making their first million. Despite the realisation of these goals, they continue to build their wealth which constantly increases as they generate more revenue from different sectors on the continents. One such sector is manufacturing. The industry…

With a net worth of $18.7 billion, Aliko Dangote remains the wealthiest black person. Despite his wealth, he is a prudent and strategic businessman who only takes calculated risks. Since he believes in understanding the business first, he said, “I only enter a business that I can fully understand. I…

Aliko Dangote, the wealthiest billionaire in Africa and Nigeria, has been selected alongside other dignitaries in Nigeria to receive the 2022 Portraits of Patriots award by Nigeria’s premier biographical compendium on thought leaders. He will receive the award, which is slated for October 1, 2022, alongside other awardees such as…

Mike Adenuga, a Nigerian billionaire and one of the wealthiest people in Africa, has come a long way as an entrepreneur. While on a Swiss Air flight to Nigeria, he met the owner of one of Austria’s biggest lace manufacturing factories in Austria. With an aligned interest, he started importing…

Since time immemorial, there has always been a synergy between politics and business. Though some African billionaires inherited their wealth or built it from scratch, the driving force behind some stems from the extent of their political influence. This advantage has seen some business tycoons build empires through favourable business…

Over the years, the list of the richest individuals has changed to include some black people making their marks in the world. These 3,311 individuals from different sectors make up 1% of the world’s total population. Collectively, they have about $11.8 trillion in wealth. Though their wealth is unstable, as…

The rise of billionaires in Africa is largely due to the economic growth on the continent.  Most of these billionaires in Africa like Aliko Dangote, Nicky Oppenheimer, and Nassef Sawiris, among others, have amassed wealth by funding huge infrastructure initiatives, oil reserves, and profitable diamond mines. However, their gain of…

Successful people have one thing in common; the right mindset, as it is, can be very powerful. This mindset has seen billionaires unlock and maintain their financial freedom. While the mind has the ability to unlock potential, how you think can be blocking you from becoming a billionaire.  However, the…

There are more than 7 billion individuals in the globe, but only approximately 2,200 are billionaires. And about 67% are self-made. This indicates that 1% of the population continues to set itself apart from everyone else while controlling the majority of the global financial flow. The majority of these self-made…

Attaining the billionaire pinnacle is one of the success milestones of every entrepreneur. Despite the rigorous path to achieving it, some young African entrepreneurs, through their grit and business acumen, have made their marks and become billionaires. With a keen eye on their environment, they have built empires in different…