Stella Dimoko Korkus.com: Report Says Lagos Has 4 Billionaires,360 Multimillionaires And 6,800 Millionaires

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Thursday, 27 July 2017

Report Says Lagos Has 4 Billionaires,360 Multimillionaires And 6,800 Millionaires

Lagos, the former capital of Nigeria has been ranked the fourth wealthiest city in Africa.



With no other Nigerian cities listed in the ten-city fortune club, the nation’s commercial nerve-centre automatically clinches the wealthiest spot among Nigerian major cities.

In a report by AfrAsia Bank and New World Wealth, Lagos, considered to be home to

US$120 billion Africa’s wealth, is only topped by two South-African cities; Johannesburg and Cape Town as well as Egyptian city of Cairo.

The Nigerian state is unofficially believed to be most populous too in the country.

Four billionaires in dollars are mentioned to be resident in Lagos, with 360 multi-millionaires and 6,800 millionaires.

Two Forbes-recognized wealthiest Nigerians, Femi Otedola of Zenon Oil and Mike Adenuga of Globacom reside in Lagos.

Africa’s richest man, Aliko Dangote also has investment in the city.

The report says by “Total wealth”, it refers to the “private wealth held by all the individuals living in each city. It includes all their assets (property, cash, equities and business interests) less any liabilities. We exclude government funds from our figures.”

Cities ranked below Lagos include, Nairobi in Kenya, Luanda, Durban, Pretoria, Casablanca and Accra.

While Nigeria, Ghana, Morocco, Egypt, Angola and Kenya have a city each to their fortune consideration, South-Africa has five of its cities listed, making it the richest country in Africa.


Tribune Online

46 comments:

Anonymous said...

90% of them are sinners or Muslims. Christians, leave Atheist and some of us that believe in God and not the rest alone

Anonymous said...

Good for them, however the price of garri is...

Anonymous said...

This report is inaccurate. My boss is a silent billionaire. That I know for a fact! Won't give much info

DoppelgΓ€nger said...

Thousandnaires are human beings too o but let me quickly wear my billionaire badge.

Teemah said...

Wooow,I wanna be a millionaire so freaking bad...

MonkeynofineTAFIAmama �� �� said...

Hissssss

Martins Aboy said...

We will surely get there..

@MARTINS ABOY

GIFT E THE JAMB GIRL said...

Yea.im one of the four billionaires listed.

Bluntly blunt said...

Naso

The General's Wife said...

In my craziest moment I imagine the door bell ringing and men in suits asking for me saying I was switched at birth. They won't reveal much about the identity of my new-found folks But they happen to be billionairesin Lagos🀣🀣

Chidinma Grace said...

I am hoping. And it will happen soon

MonkeynofineTAFIAmama �� �� said...

Keet the dream alive πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

Anonymous said...

No wonder Ashewo plenty for @LAGOS

Then we don't have to disturb our selves... We shall always read of @Side chickens πŸ”. ..with all this money, one woman no fit come dey enjoy am alone.. ☺ ☺




@Anonymous Orubebe

Anonymous said...

You are right

I know some Billionaire in that Lagos.. Dem no dey SHOUT, I tell you.





@Anonymous Orubebe

Yori Yori Princess Loveme Jeje said...

I am among as God said

Anonymous said...

One of lagos billionaires Linda Ifeoma

Glitz said...

I am one of the multimillionaires in Lagos *comeandhavefun

Anonymous said...

Christians does commit sins...Halleluyah somebody πŸ™ŒπŸ»You're a joker.

Anonymous said...

In fact my landlord is on that list of billionaires that I can swear on

Mrs.R SDK blog Official BFF said...

I've hard some of those craziest imagination in the past too!
One never know, lol.

Anonymous said...

Do they pay accurate tax?

Chikito The Professional Fire for Fire a.k.a 'Anike' πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚ said...

Sooo innacurate! The money bags would rather be silent so this research won't even brush them.

Mary Fiyin said...

I'm one of d billionaire in Jesus name amen.

AGELESS T said...

Read very well, you will see that the billionaires they are talking about is in dollars. Read again.

Now re-evaluate those people , then come and tell us if they make that list.

Olivia Silk said...

And yet, them dey swim for Lagos.

General Zod said...

There are more billionaires and multimillionaires than this in Lagos.

MUFC said...

This is the brainwash while they keep enjoying life and making their money.
And the religion they brought to you make you believe making money and enjoying it in this life is a sin as you may not enjoy such in a life you know nothing about... Smh

MUFC said...

The General's Wife, you are not alone in your imagination

Fab Mum said...

AgelessT is right. They are talking sbout billionaire in dollars. Speaking of billionaire, didn't they say otedola lost money and now a millionaire in dollars not billionaire in dollars again? 😯

Shyla said...

My dear @ Ageless, there are plenty silent infact hush billionaires in dollars than what they wrote there, trust me. Did anyone ever hear of the billionaires that paid 1million dollars alone as ransom and the man is still standing. No be when Evans waa caught that we started hearing some of their investments. My dear, we only hear of Mike Adenuga and Otedola as related to oil. Plenty others prefer to remain anonymous oh. I don use my eyes see some sef.

Ehi Grace lace_material_uk 07448776953 said...

Lie

Chikito The Professional Fire for Fire a.k.a 'Anike' πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚ said...

No. When the records aren't accurate sef

TheLagosShopper(Goods and services 4rm the popular Lagos markets to anywhere in naija?07030493148) said...

Hahaha @The generals wife....
I just want the phone call that will push me into either of the groups,I can feel it tracing my line(lol)

Ed said...

Yes o...my Ela is one of them😘😘😘😘

HummingBird said...

Who them EPP...

Pipi Lee said...

πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚
omg! we also dream same dreams?
I don't even have to sleep to dream about this, I just start envisioning even in broad day light. kai!! ihe uwa!

Dainty T said...

Heck no! This is a big fat lie.
Only 4 billionaires?? Yimu

Mhzzbee int'l said...

I am not in agreement with this statistics,I know one personally who is a billionaire in dollars.πŸ˜‚

Anonymous said...

Which Ela? The one that cracks dry joke here and doesn't even have up to a 100 thousand in his bank account.
Stay there ans be shouting my ela, dont go and sort your life.
Dry girl

Lady C said...

Where are they,they should come and bless me with their millions.

naija dj said...

Absolute rubbish @Shyla!

Just because someone paid $1m ransome doesn't make them a billionaire IN DOLLARS. Most people will give up all their worldly wealth to save their lives because if you die what use is the money? Someone worth $5m can pay $1m for ransome

AGELESS T said...

@Fabmum, most of these money bags are gradually recovering from the recession just as the country itself. Otedola is majorly into oil and gas. And you will agree with me that oil sector is gradually recovering. So it is safe to say he's back on the dollar billionaires list.

@naija dj, loud your second paragraph.

Sassy Meruche said...

Lol,when I see reports like this or hear some Lagosians making noise cuz they have small change,I just shake my head and laugh.Come to Abuja and see some fo these men and their kids.Abuja brought ups o,no be people like us wey na work carry us come.These people are chopping money.These Abuja people,just hapu okwu o.

Candid BFL said...

This country is a joke....fourth city?? Look at the cities below it and what they have done for themselves.....lagos with all the money still dey swim inside water.....rubbish

Fayose Olusegun said...

So Davido's dad isn't a billionaire sef...why al d noise, OBO...Rubbish!

Anonymous said...

Lol....
Inaccurate
Bcos many of the billionaires and millionaires have to hide funds in their kids names and pseudonyms to avoid scrutiny....
Dirty money.

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