With the latest continued loss in the value of the naira and crash in the price of oil, five Nigerians are still very much on the list of World's richest people as released by Forbes today. Aliko Dangote, despite dropping to $14.7billion from $25billion due to a weaker Nigerian currency and shrinking demand for cement still maintains the tittle of Africa's richest man. Glo chairman, Dr. Mike Adenuga, Mr. Femi Otedola, Mrs. Folorunsho Alakija and Abdulsamad Rabiu made the list this year. Bill Gate still stands as the richest man in the world, Facebook’s Mark Zuckerberge is now the 16th richest man in the world, the world youngest billionaire is 24 year old Evan Spiegel, the co-founder of photo-messaging app, Snapchat. Carlos Slim Helu of Mexico comes in again at No. 2 while revered American investor Warren Buffett took back the No. 3 spot from Spain’s Amancio Ortega (now No. 4); not even the largest IPO in history was enough to beat the Oracle of Omaha this year.
Buffett was the list’s biggest gainer, up $14.5 billion to $72.7 billion, thanks to Berkshire Hathaway’s rising share price. Facebook’s Mark Zuckerberg moves up 5 spots to number 16, his first time ranked among the world’s 20 richest. Ma and three other Chinese are among the the biggest gainers and appear among the 50 richest on the list.One hundred thirty-eight people from the 2014 list dropped out of the ranks altogether including fashion designer Michael Kors, Ukrainian President Petro Poroshenko, Zulily’s Mark Vadon and many Russians. Guatemala has a billionaire for the first time, and Iceland returns to the ranks after a five-year absence, the result of a comeback by Thor Bjorgolfsson, who’s now the only billionaire in Iceland’s history. There’s no doubt that entrepreneurship is thriving globally. Fully 1,191 members of the list are self-made billionaires, while just 230 inherited their wealth. Another 405 inherited at least a portion but are still working to increase their fortunes
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