Rabiu on the rise as he becomes fourth richest man in Africa

0 comment 201 views

It all seems to be that Founder and Chairman of BUA Group, Abdul Samad Rabiu has been on a roll for the past 2 years, he unseated Mike Adenuga to become the second richest man in Nigeria and is now the fourth richest in all of Africa dethroning Egypt’s Nassef Sawiris.

Forbes estimates that Rabiu’s net worth increased by more than $2.4 billion which adds to the $4.9 billion he had prior to 2022. Egypt’s richest man Nassef Sawiris has a shy of $7.6 billion as the majority of his wealth comes from his holdings in Adidas and OCI N.V.

On the other hand, Rabiu’s fortune comes from his manufacturing company, BUA Group. He also owns majority in both BUA Foods which went public in 2022.

Leave a Comment

Naija Gist and Gossips is Nigeria’s No. 1 Online Newspaper. We bring Breaking News to your finger tips.
 
We  feeds you with the latest and hottest in News, Events, Entertainment, Lifestyle, Fashion n Style, Gist n Gossip…..Sports***Lolz

Popular Posts

Latest Articles

Copyright © 2022 Naija Gist n Gossip. All Rights Reserved. Powered by: Solution Media | Designed By Nascreatives