Lately, Forbes printed its annual “Africa’s Billionaires” listing, which revealed a blended bag of outcomes. Whereas the variety of African billionaires rose from 18 to 19, their collective wealth took a major hit, dropping $3.4 billion in 2022. The listing solely consists of businessmen who’re at the moment residing in …

Geregu Energy Plc, a number one power-generating firm managed by Nigerian billionaire, Femi Otedola, has set a milestone within the Nigerian Change (NGX) by being the primary publicly listed firm to launch its 2022 audited monetary report. The well timed launch of Geregu Power’s audited results is a transparent indication …

Together with her simple expertise, relentless work ethic, and eager enterprise acumen, 34-year-old singer and entrepreneur Robyn “Rihanna” Fenty has cemented her place in historical past by changing into the youngest self-made billionaire in America, in line with Forbes. This extraordinary accomplishment is a testomony to her unwavering dedication to …

In 2022, the world was hit by a collection of financial challenges that took a major toll on the wealth of billionaires. In line with knowledge from the Bloomberg Billionaires Index and Forbes, the five hundred richest billionaires misplaced a staggering $1.4 trillion, the steepest drop ever recorded. The loss …

Billionaires typically accumulate and enhance their wealth by founding and proudly owning stakes in a number of corporations. It is because proudly owning a number of companies gives a constant supply of revenue and the potential for a sustained enhance in earnings and valuation. By diversifying their investments throughout a …