Richest Black People on Earth and their Net Worths - 2019 Forbes

According to Forbes, there are 2,153 Billionaires in the world out of which 13 are Blacks. 

Here is a list of the 13 richest black people on earth:

Aliko Dangote, $10.9 billion

Nigerian, Sugar, Cement, Flour
The Cement and commodities tycoon retains his title as the world’s richest black man this year. After building his fortune in sugar, flour and cement, the Nigerian tycoon is embarking on his most ambitious project to date- a private oil refinery in Nigeria which will have a refining capacity of 6500,000 barrels a day and is expected to reduce Nigeria’s dependence on oil imports. Dangote started out in business more than 3 decades ago by trading in commodities like cement, flour and sugar with a loan he received from his maternal uncle and went on to build the Dangote Group, the largest industrial conglomerate in West Africa.

Mike Adenuga, $9.1 billion
Nigerian, Oil, Telecoms
Nigerian-born Mike Adenuga, the world’s second richest black person, built his fortune in oil and mobile telecoms. His Conoil Producing Company was one of the first indigenous Nigerian companies to be granted an oil exploration license in the early 90s. The company is the operator of six blocks in the Niger Delta and also owns a25% stake in the Joint Development Zone (JDZ) Block 4. He is also the founder and sole owner of Globacom, a Nigerian mobile phone network that has more than 40 million subscribers in Nigeria and neighboring African countries. His property company, Cobblestone Properties, owns hundreds of prime residential and commercial property all over Nigeria. 

Robert F. Smith, $5 billion
American, Private Equity
Robert F. Smith, a former Goldman Sachs executive, is the founder of private equity firm Vista Equity Partners that focuses exclusively on investing in software companies. The firm has more than $46 billion in assets and is one of the best-performing private equity firms, posting annualized returns of 22% since inception.

David Steward, $ 3 billion
American, Tech
David Steward is the cofounder and chairman of IT provider World Wide Technology, World Wide Technology, an $11.2 billion (sales) IT provider, whose customers include Citi, Verizon and the federal government.


Oprah Winfrey, $2.5 billion
American, Television
Oprah is still the richest African-American woman in the world thanks largely to the 25 years of her profitable daytime TV show and earnings from her Harpo production company. Her cable channel, OWN (Oprah Winfrey Network) is also cash flow positive for the first time and is enjoying favorable ratings as a result of securing exclusive TV interviews with headline-grabbers like disgraced cyclist Lance Armstrong, Beyonce and gay NBA player Jason Collins. One of America’s most generous philanthropists, Oprah continues to give to education causes and has spent about $100 million on the Oprah Winfrey Leadership Academy for Girls in South Africa.

Strive Masiyiwa, $2.4 billion
Zimbabwean, Telecoms
Masiyiwa, who is worth $2.4 billion, is the founder of Econet, one of the leading mobile telecoms companies in Africa. It has more than 10 million subscribers spread across Zimbabwe, Botswana, Burundi and Lesotho. In February, he pledged the sum of $100 million to establish a fund to invest in rural entrepreneurs in Zimbabwe.

Isabel Dos Santos, $2.3 billion
Angolan, Investments
The oldest daughter of Angola’s former president, Isabel dos Santos has built an impressive investment portfolio what includes a 25% stake in Angolan mobile phone company Unitel and a 25% stake in Angolan bank Banco BIC SA. Other holdings include a substantial stake in Nos SGPS, a Portuguese cable TV company and just under 20% of Banco BPI, one of Portugal's largest publicly traded banks. 

Patrice Motsepe, $2.3 billion
South African, Mining
South Africa’s first and only black billionaire is the founder of African Rainbow Minerals (ARM), a Johannesburg Stock Exchange-listed mining company that has in platinum, nickel, chrome, iron, manganese, coal, copper and gold. He also owns a large stake in African Rainbow Capital, a private equity firm focusing on investments in the financial services sector.

Michael Jordan, $1.9 billion
American, Basketball
Basketball's greatest player is the majority shareholder of Charlotte Bobcats and enjoys lucrative deals with the likes of Gatorade, Hanes and Upper Deck. His biggest pile comes from Brand Jordan, a $1 billion (sales) sportswear partnership with Nike.

Michael Lee-Chin, $1.9 billion
Canadian, Investments
Lee-Chin, a Canadian of Jamaican origin, made a fortune investing in financial companies. He owns a 65% stake in National Commercial Bank Jamaica, which makes up the bulk of his fortune.


Abdulsamad Rabiu, $1.6 billion
Nigerian, Cement, Sugar
Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate with interests in sugar refining, cement production, real estate, steel, port concessions, manufacturing, oil gas and shipping. BUA Group’s annual revenues are estimated at over $2 billion. Abdulsamad got his start in business working for his father, Isyaku Rabiu, a successful businessman from Nigeria’s Northern region. He struck out on his own in 1988, importing rice, sugar, edible oils as well as steel and iron rods.


Folorunsho Alakija, $1.1 billion
Nigerian, Oil
Nigeria’s first female billionaire is the founder of Famfa Oil, a Nigerian company that owns a substantial participating interest in OML 127, a lucrative oil block on the Agbami deep-water oilfield in Nigeria. Alakija started off as a secretary in a Nigerian merchant bank in the 1970s, then quit her job to study fashion design in England. Upon her return, she founded a Nigerian fashion label that catered to upscale clientele, including Maryam Babangida, wife to Nigeria's former military president Ibrahim Babangida.

Mohammed Ibrahim, $1.1 billion
British, Mobile Telecoms, Investments
Sudanese-born Mohammed "Mo" Ibrahim founded Celtel International in 1998, one of the first mobile phone companies serving Africa and the Middle East. He sold it to Kuwait's Mobile Telecommunications Company for $3.4 billion in 2005 and pocketed $1.4 billion. In 2006 he founded the Mo Ibrahim Foundation which promotes good governance in Africa.

 Source: https://www.forbes.com/sites/mfonobongnsehe/2019/03/05/the-black-billionaires-2019/#6521355e6795

World's Richest Billionaires - 2016

Here is a list of the top 10 richest people on the planet according to Forbes' real-time ratings as of 15th September 2016.


Highlights of this ranking are:
- There are 1,810 billionaires in all. A 16-man drop from last year's record of 1,826 billionaires
- 892 people who were billionaires in both 2015 and 2016 are poorer this year while 501 are richer
- The world's richest man remains the world renowned university drop-out and founder of Microsoft, Bill Gates
- Facebook's Mark Zuckerberg, another University drop-out, had the best year of all the billionaires, adding $21.6 billion to his wealth and moved up to number 5 position from number 16 last year


1. Bill Gates (Age 60)

Net Worth: $79.1 Billion (as of 15th September 2016)
Source of Wealth: Microsoft, Self-made
Citizen of: United States
Residence: Medina, WA

2. Amancio Ortega (Age 80)
Net Worth: $76.9 Billion (as of 15th September 2016)
Source of Wealth: Zara, Self-made
Citizen of: Spain
Residence: La Coruna, Spain

3. Jeff Bezos (Age 52)
Net Worth: $65.8 Billion (as of 15th September 2016)
Source of Wealth: Amazon.com, Self-made
Citizen of: United States
Residence: Seattle, WA

 4. Warren Buffett (Age 86)
Net Worth: $65.5 Billion (as of 15th September 2016)
Source of Wealth: Berkshire Hathaway, Self-made
Citizen of: United States
Residence: Omaha, NE

 
5. Mark Zuckerberg (Age 32)
Net Worth: $55 Billion (as of 15th September 2016)
Source of Wealth: Facebook, Self-made
Citizen of: United States
Residence: Palo Alto, CA

 6. Larry Ellison (Age 72)
Net Worth: $50.8 Billion (as of 15th September 2016)
Source of Wealth: Oracle, Self-made
Citizen of: United States
Residence: Woodside, CA

7. Carlos Slim Helu and family (Age 76)
Net Worth: $49.6 Billion (as of 15th September 2016)
Source of Wealth: Telecom, Self-made
Citizen of: Mexico
Residence: Mexico City, Mexico

 

8. Michael Bloomberg (Age 74)
Net Worth: $49 Billion (as of 15th September 2016)
Source of Wealth: Bloomberg LP, Self-made
Citizen of: United States
Residence: New York, NY

9. Charles Koch (Age 80)
Net Worth: $42.1 Billion (as of 15th September 2016)
Source of Wealth: Diversified
Citizen of: United States
Residence: Wichita, KS 

Koch Brothers

9. David Koch (Age 80)
Net Worth: $42.1 Billion (as of 15th September 2016)
Source of Wealth: Diversified
Citizen of: United States
Residence: New York,NY
 KINDLY CLICK HERE TO LIKE US ON FACEBOOK (Live Updates)

Africa's 10 Richest People - 2016

Here is the list of Africa's ten richest billionaires as at 12th September 2016 according to Forbes ranking. Aliko Dangote of Nigeria maintains top spot with a net worth of $12.4 Billion dollars - despite a whooping $4.3 billion loss from his net worth last year :

TOP 10 RICHEST AFRICANS 2016

.   Aliko Dangote (Age: 59)

Net Worth: $16.7 Billion in 2015 ($12.4 Billion as at 12^th September 2016)

Source of Wealth: CEO, Dangote Group - Cement, Sugar, Flour, Oil (in view), Self-made

Citizenship: Nigerian

Residence: Lagos, Nigeria

2. Nicky Oppenheimer and Family  (Age: 71)

Net Worth: $6.6 Billion in 2015 ($6.7 Billion as at 12^th September 2016)

Source of Wealth: Diamonds

Citizenship: South-African

Residence: Johannesburg, South Africa

3. Christoffel Wiese (Age: 75)

Net Worth: $6.5 Billion in 2015 ($6.6 Billion as at 12^th September 2016)

Source of Wealth: Retailing, Self-made

Citizenship: South African

Residence: Cape Town, South Africa

4. Johann Rupert & Family (Age: 66)

Net Worth: $6.3 Billion in 2015 ($5.4 Billion as at 12^th September 2016)

Source of Wealth: Luxury Goods

Citizenship: South African

Residence: Cape Town, South Africa

5.    King Mohammed VI (Age: 53)

Net Worth: $5.7 Billion in 2015

Source of Wealth: Diversified

Citizenship: Morocco

Residence: Rabat, Morocco

6.   Nassef Sawiris (Age: 55)

Net Worth: $4.9 Billion in 2015 ($5.1 Billion as at 12^th September 2016)

Source of Wealth: Construction, Chemicals

Citizenship: Egyptian

Residence: Cairo, Egypt

7.   Mike Adenuga (Age: 63)

Net Worth: $3.5 Billion in 2015 ($6.4 Billion as at 12^th September 2016)

Source of Wealth: Telecom, Oil, Self-made

Citizenship: Nigerian

Residence: Lagos, Nigeria

8.    Isabel dos Santos (Age: 43)

Net Worth: $3.4 Billion in 2015 ($3.3 Billion as at 12^th September 2016)

Source of Wealth: Investments

Citizenship: Angolan

Residence: Luanda, Angola

9.    Issad Rebrab & Family (Age: 72)

Net Worth: $3.2 Billion in 2015 ($3.3 Billion as at 12^th September 2016)

Source of Wealth: Food, Self-made

Citizenship: Algerian

Residence: Algiers, Algeria

10.   Naguib Sawiris (Age: 62)

Net Worth: $3 Billion in 2015 ($3 Billion as at 12^th September 2016)

Source of Wealth: Telecom

Citizenship: Egyptian

Residence: Cairo, Egypt

KINDLY CLICK HERE TO LIKE US ON FACEBOOK (Live Updates)

Top 10 Cheapest Places to Travel this Season

Source; worldatlas.com

Traveling is an exciting experience whether it is done for business or leisure, the thrill never loses its flair. As a traveler or tourist, there are many factors that are taken into consideration when traveling. Issues such as maneuverability, political and security situation, socio-cultural differences and economic conditions of the preferred destination are often primary concerns, and getting the best out of the experience with the least degree of hustle is always a common motive.
This article will provide an in-depth analysis into some of the least expensive international cities for vacation by average daily cost. It will give an insight into the various factors that make certain cities stand out, in a manner that will leave any would-be traveler in a prime position to settle for the city of their choice.

Hotel accommodations

An important to factor in anyone's budget is factoring hotel rates while choosing a vacation destination. Remember that cheaper rates are not always attributed to poor quality, which explains why tourists who have visited the cities of Bangkok, Jakarta, Sharm el Sheik and Sofia would die for a trip back there. These cities may not have featured in these top positions a few years ago, but thanks to their understanding of hotel price mechanisms, they have surpassed traditional tourist giants.

Dinner for two

More and more tourists are becoming conscious of their spending habits, and will ensure that at the very best, they get only what fits their budget, even when it comes to dinner occasions. Bearing in mind this particular trend, certain cities like Hanoi, Jakarta, Mumbai, and Prague have shifted their focus in providing the best rates for dinner for two, and make no mistake, this has earned them a place as some of the world leading tourist destinations.

Cocktails for two

Drinking while you are on vacation is a pretty common practice and the tourism industry in various cities have long taken advantage of this fact to manipulate prices. However, due to their proactive nature, such players in cities like Cape Town, Sofia and Hanoi saw an opportunity in adjusting prices. By lowering their rates, tourists immediately began favoring these cities compared to others with similar other services.

Return taxi trip

Given the fact that a tourist is someone always on the move, the taxi business forms the bedrock of maneuverability in the tourism sector. High return taxi trips are likely to lower the level of tourists visiting a given city, which therefore goes to show why many such cities have lost their clients to other cities like Jakarta, Bangkok and Kuala Lumpur.

Conclusion

The table bellow shows the average daily cost factoring in hotel accommodations, dinner and cocktails for two, and a return taxi trip. Tourist will favor a given destination due to many factors, one of which is budget. Combining different economic aspects to suit the demands of many tourists is the primary trick in registering high tourist returns, as is the case with many cities discussed bellow.
  

Top 10 Cheap Places To Travel

 

Rank	International Cities	Average Cost (US .$)
1	Hanoi, Vietnam	152.89
2	Jakarta, Indonesia	158.40
3	Sharm el Sheikh, Egypt	159.49
4	Bangkok, Thailand	162.13
5	Sofia, Bulgaria	187.56
6	Cape Town, South Africa	190.41
7	Mumbai, India	190.67
8	Kuala Lumpur, Malaysia	195.56
9	Prague, Czech Republic	197.61
10	Budapest, Hungary	200.21

Please click here to like us on Facebook

Source: Worldatlas.com

Top 10 Most Educated Countries

#10. Ireland

Image via: umsl.edu

Ireland’s economy has an average annual growth rate of 7.3%, which has enabled Ireland to invest 8.79 billion Euros in education annually. With 89% of the population finishing high school and 47% of Irish citizens holding a post-secondary diploma or degree of some sort, this island nation is ready for any challenge.

 

#9. Finland

Image via: formin.finland.fi

Finnish students consistently rank in top spots on the PISA rankings, an international survey which ranks nations in reading, math, and science. With 100% national literacy, its 63% university graduation rate is the highest in the world. With free tuition for all citizens, this barrier to education has been removed. It is one of the few countries where fields of business, social sciences, and law are not the most popular among students, but instead new entrants in tertiary institutions prefer studying manufacturing, engineering, and construction.

 

#8. Australia

Image via: lyonsarch.com.au

Australia’s postsecondary holders constitute 39% of its total population; annual growth rate is 3.3%, GDP per capita of $40,719 and 59% college graduation rate. Its college graduation rate is the best in the Southern Hemisphere. Australia’s education standards can be said to be at their peak.

 

#7. Norway

Image via: wikipedia.org

Norway’s percentage population with tertiary education stands at 37%, college graduation rate and GDP per capita are 41% and $56,617 respectively. The country has the world’s third-greatest expenditure on education and with 60% of all tertiary students taking bachelor’s programs, the country is headed in a positive direction in terms of education.

 

#6. United Kingdom

Image via: wikipedia.org

37% of the British population holds postsecondary education and college graduation rate stands at 39%. It features some of the world’s best tertiary institutions like Oxford and Cambridge Universities, and unlike the “just study and get good grades” system of most countries, UK’s system is based on training its students to be human beings and not human machines.

 

#5. New Zealand

Image via: nzvisasupport.co.nz

High-quality teaching staff who are well remunerated, innovative and abundant research opportunities, innovative academic facilities, and a globalized, skill-based economy are some of the driving forces behind New Zealand’s perfect educational standards. 40% of the population holds a degree or diploma, and of post secondary entrants, 51% of students graduate.

 

#4. United States

Image via: huffingtonpost.com

42% of the US population holds tertiary education. However, it has a very low college graduation rate of 31%. Development of a world-class curriculum, bringing the best university graduates into teaching, and the fact that US is the current home of technology are some of the few factors that have led to a surge in educational attainment in the country.

 

#3. Japan

Image via: japantimes.co.jp

Japan’s percent of population with tertiary education is 45%, with an average annual growth rate of 2.95% and per capita GDP $33,875. Ranging from internationally recognized tertiary institutions to junior schools, the country has a very powerful educational structure. The country’s school system has risen consistently in international rankings due to their modern approach to education system, by going against the evaluation-driven, centralized model that the majority of the Western World uses.

 

#2. Israel

Image via: blogs.yu.edu

The Jewish nation is known to produce some of the world’s brightest minds, especially in technology. The country has an extremely comprehensive education system, something that kept its seven research universities consistently appearing in the top 500 Universities in the world, and the country itself has frequently featured among the countries with the highest ratios of scientific papers per capita in the world.

 

#1. Canada

Image via: .alumnilive365.mcgill.ca

51% of Canada’s population holds tertiary education, which is the second highest rate in the world and its literacy rate is unmatched at 99%. Rather than being coordinated by a central or federal education ministry, Canada’s education is run and monitored independently by the thirteen provinces and territories through a Council of Education, an approach that has worked very well to ensure that their degrees, diplomas or certificates are globally recognized as being equivalent to those obtained from the US or Commonwealth countries. Besides, the bilingual country is considered a world leader in language training.

Please click here to like us on Facebook

Source:: http://www.worldatlas.com/articles/top-10-most-educated-nations.htm

2014 - Top 10 Richest Pastors in the World (Nigerian Pastor Tops the List)

Bishop David Oyedepo, the General Overseer of Winners Chapel (Living Faith Church) tops the list of the ten richest pastors in the world according to a list that was recently released by Richestlifestyle.com. 
Five (5) other Nigerian pastors make the list.


Here is the top 10 richest pastors in the world as of 2014.
10) Joseph Prince – Net worth: $5 Million (Singapore)

8) Chris Okotie – Net worth: $10 Million (Nigeria)

8) Matthew Ashimolowo – Net worth: $10 Million (Nigeria)

7) T.B. Joshua – Net worth: $15 Million (Nigeria)

6) T. D. Jakes – Net worth: $18 Million (United States)

5) Billy Graham – Net worth: $25 Million (United States)
Billy Graham is a southern Baptist. He earned celebrity status when his sermons were broadcast on radio and TV stations all over the USA. He founded the Billy Graham Evangelist Association in 1950.

4) Creflo Dollar – Net worth: $27 Million (United States)
 This American televangelist, pastor is also a Word of Faith teacher. He is a founder of the non-denominational World Changers Church International. He has built a multimillion dollar ministry on the message “It is the will of God for you to prosper in every way.”

3) Benny Hinn – Net worth: $42 Million (United States)
This Israeli-American televangelist earned wealth through his ministry and evangelical program. He is well-known for his regular miracle healing crusades, which are held in large stadiums in major cities and broadcasted in the TV.

2) Chris Oyakhilome – Net worth: $50 Million (Nigeria)
Chris Oyakhilome’s church Christ Embassy has more than 40,000 members, several of whom are successful entrepreneurs and politicians. This pastor’s diversified interests include magazines, newspapers, a TV station, a record label, hotels, satellite TV and real estate.

1) David Oyedepo – Net worth: $150 Million (Nigeria)
Bishop David Oyedepo is the richest pastor in Nigeria and the world. He is the founder of the Living Faith World Outreach Ministry. Ever since he founded this ministry in 1981, it has grown to become one of Africa’s largest congregations. He hosts three services every Sunday in The Faith Tabernacle. This prosperous pastor owns private jets and homes in the US and the UK.

Please click here to like us on Facebook

Source:: http://www.richestlifestyle.com/top-10-richest-pastors-in-the-world/
Credit: informationng.com

World's Top Ten Richest Countries

#10. Austria

The alpine nation has a population of about 8.5 million people with a healthy per capita income of $39,711, which is about four times higher than the per capita income for the average person globally. Its robust service sector and its proximity to Germany provide a ready market for its steel, iron and agricultural products. The Capital city, Vienna is the fifth richest metropolis in Europe behind Hamburg, London, Luxembourg, and Brussels.

#9. Ireland

The Emerald Isle has a per capita income of about $39,999 with a population of about 4.8 million people. The main industries that boost its economy are textiles, mining, food production, staple products in any economy. In OECD (Organization of Economic Cooperation and Development) rankings, Ireland actually places 4th overall.

#8. Netherlands

With 16.8 million people, and a per capita GDP of $42,447, the Dutch are more than just a tulip country. Its success comes from three key sectors: mining, agriculture, and manufacturing. Many people do not know that the Netherlands is actually a kingdom of four countries: Aruba, Curaçao, the Netherlands and Sint Maarten but the Netherlands makes up 98% of the total land area in the Kingdom.

#7. Switzerland

The GDP per Swiss citizen is $46,424. Swiss banking and financial institutions keep this country and its economy afloat. It is important to note that some of the wealthiest people and companies in the world own Swiss bank accounts and therefore Switzerland has excess capital to use for investment purposes. Zurich and Geneva, Switzerland’s most well known cities, have consistently ranked among the top ten highest living standard cities in the world.

#6. The United States

While most nations on the list have small populations (relatively), it is impressive that the world’s largest economy, the United States, can maintain a per capita GDP of $47,084, considering its population of over 310 million people. Reasons behind its success include its large domestic automotive industry, technological sector that foster innovation, and a system of democracy that protects entrepreneurial and intellectual property rights.

#5. Singapore

This tiny city-state has a per capita income of $56,797, which is five times the average per capita income for an ordinary individual in the world. The basis of Singapore’s wealth is its financial services sector, a chemical export industry, and its liberal economic policies that encourage growth and innovation. Singapore has the second busiest port in the world, exporting $414 billion of goods in 2011 alone.

#4. Norway

This Nordic nation’s per capita GDP of $56,920 allows its 4.97 million people to reap the benefits of a small yet robust economy. Driven by fishing, natural resources, and major petroleum exploration, Norway is the eighth largest exporter of crude oil, 9th largest exporter of refined oil, and 3rd largest exporter of natural gas in the world.

#3. The United Arab Emirates

This Middle Eastern federation of emirates has a land area of about 32,278 sq. miles, which means it could easily fit within New York State (54,556 sq. miles). With a population of 9.2 million people, it’s a bit more populated than the state of New Jersey. A third of the $57,744 per capita economy comes from oil revenues, while the service sector and telecommunications also contribute significantly. The UAE is the second largest economy in the Arab world after Saudi Arabia.

#2. Luxembourg

A symbol of wealth, number two on the list has a per capita GDP of $89,862, which is nine times the world average. The backbone of this strong economy is its vibrant financial sector, prudent fiscal policies, and dynamic industrial and steel sectors. Banking in Luxembourg is the largest sector of its economy with an asset base of over $1.24 trillion alone.

#1. Qatar

 

 

Qatar ranks number one on the list of the top 10 richest nations because of its high GDP per capita of $91,379, which is just $8,621 shy of $100,000. Qatar has a well developed oil exploration industry where the petroleum industry accounts for 70% of its government revenue, 60% of its GDP and 85% of its export earnings. Because of its wealth and economic success, it has been chosen as the host of the 2022 FIFA World Cup, the first Arab nation to ever hold this role. 

Please click here to like us on Facebook

  Source: http://www.worldatlas.com/articles/the-10-richest-nations-in-the-world.html