Forbes 2011

[Supermalt]

Carlos Slim

$74bn

America Movil, telecoms

Bill Gates

$56bn

Microsoft, software

Warren Buffett

$50bn

Berkshire Hathaway, investment

Bernard Arnault

$41bn

LVMH, luxury goods

Larry Ellison

$39.5bn

Oracle, software

Lakshmi Mittal

$31.1bn

ArcelorMittal, steel

Amancio Ortega

$31bn

Zara, fashion

Eike Batista

$30bn

Mining, oil

Mukesh Ambani

$27bn

Reliance Industries, Petrochemicals to oil

Christy Walton

$26.5bn

Wal-Mart, retail

http://www.forbes.com/wealth/billionaires/list

Richest black billionaires

Aliko Dangote - Nigeria

$13.8 B

Mike Adenuga - Nigeria

$2 B

Oprah - USA

$2.7 B

Mo Ibrahim - UK

$1.8 B

[NiNES.]

asd

a

d

as

das

das

d

why is there a separate category for black billionaires

why are there no Ghanaians either?

[Supermalt]

asd

a

d

as

das

das

d

why is there a separate category for black billionaires

why are there no Ghanaians either?

lol dpmo asians have 100plus strong list in the sunday times

yh no ghanaians sorry

blacks are slacking still

[carpedeum]

you cant say blacks are slacking when 10 years ago there would have been only one or two.

the cup is half full but still more than few years ago. if anything its the brits that are slacking with all the opportunities in OLD and NEW money available you dont see many billionaires, who are british born and under 40.

the richest nigerian this year according to that list is richer than the richest British born Briton, and the richest chinese are racing up the world chart when there were none 20 years ago so that shows that the emerging powers have great potential.

[Supermalt]

you cant say blacks are slacking when 10 years ago there would have been only one or two.

the cup is half full but still more than few years ago. if anything its the brits that are slacking with all the opportunities in OLD and NEW money available you dont see many billionaires, who are british born and under 40.

the richest nigerian this year according to that list is richer than the richest British born Briton, and the richest chinese are racing up the world chart when there were none 20 years ago so that shows that the emerging powers have great potential.

thats another thing aswell, it just reflects the entrepreneurial spirit of this country and other nations.

china now has 115 billionaires from nowhere, the BRIC countries have more billionaires than europe. times are changing fast.

but come on 4 black billionaires out 1140 in the entire world...

[Guillermo Rigondeaux]

you cant say blacks are slacking when 10 years ago there would have been only one or two.

the cup is half full but still more than few years ago. if anything its the brits that are slacking with all the opportunities in OLD and NEW money available you dont see many billionaires, who are british born and under 40.

the richest nigerian this year according to that list is richer than the richest British born Briton, and the richest chinese are racing up the world chart when there were none 20 years ago so that shows that the emerging powers have great potential.

china and nigeria exist in a completely different galaxy economically my friend.

its laughable that you call them emerging powers with great potential

china is the number two economy in the world, with only the USA ahead of them.

china is also communist in name and as a result of this is it is almost impossible to guage how rich the "richest chinese" are

we can safely assume that that gulf between rich and poor in China is far wider than in the USA. this is clear not only from demographical studies and comparisons between farmers and city dwellers in Shanghai, Beijing etc. but also from the Chinse govt. itself which has acknowledged and pledged to decrease this gulf in its latest 5 yr plan. so if they are the number 2 economy in the world AND have a FAR wider separation of wealth than the USA, just imagine how rich the "Richest chinese" are.

The country has an unbelieveable amount of untapped natural resourcses along with economic growth than has been so rampant they spent most of last year trying to slow it down for fear of inflation and unsustainability.

the whole of that geographic area (australia, korea, japan, india, russia to an extent) relies on china for many of its exports and now its resources too. the era of the USA as the bearer of international economic clout is about to be severely tested by the chinese who are a very proud race that revel in the west's economic troubles of the last few yrs.

prepare yourself my bros

[Mr. Martinez]

Learning mandarin as we speak..

[kurious]

theres more than that, its all those hidden assets

you here bout the Chengey -sp?- bros arrest yday?

[kurious]

hear

[Guest Supreme Allah]

hold tight Skepta's dad on the black billionaire list

[Skola]

Mike Adenuga - Nigeria

boy better know

/

its a piss take really. all that wealth. was at an interesting talk about capitalism and its future. couple of authors trying to flog their books basically.

anyway - one argument is even at 3% annual growth - the economy doubles every 15-20 years. that rate of growth is unsustainable - the earth will not cope with the demands / strain we place on it

[djbmc]

you cant say blacks are slacking when 10 years ago there would have been only one or two.

the cup is half full but still more than few years ago. if anything its the brits that are slacking with all the opportunities in OLD and NEW money available you dont see many billionaires, who are british born and under 40.

the richest nigerian this year according to that list is richer than the richest British born Briton, and the richest chinese are racing up the world chart when there were none 20 years ago so that shows that the emerging powers have great potential.

thats another thing aswell, it just reflects the entrepreneurial spirit of this country and other nations.

china now has 115 billionaires from nowhere, the BRIC countries have more billionaires than europe. times are changing fast.

but come on 4 black billionaires out 1140 in the entire world...

in the last decade 8 out of the top 10 fastest growing economies in the world was African, i think it was Angola that had the highest growth rate in the entire world, if enough money is invested in infrastructure Africa will be the next big economic story.

[Guest Supreme Allah]

TBF though China does have like over a billion people, so chances of some being billionaires are higher compared to us with 70m

[kurious]

cousin went to Angola, the hotel she stayed at was selling burgers for 38 us dollas

nar

[nemesis]

List is balls.....I can name 20 nigerian non-politicians at the top of my head........

celia ibru was just fined 1billion dollars and she has never been on any Forbes list

the reason why most African billionaires are not on the list is because Forbes do not have access to their earnings.....

Dangote aint even the richest Nigerian if we factor in politicians or millitary

[carpedeum]

you cant say blacks are slacking when 10 years ago there would have been only one or two.

the cup is half full but still more than few years ago. if anything its the brits that are slacking with all the opportunities in OLD and NEW money available you dont see many billionaires, who are british born and under 40.

the richest nigerian this year according to that list is richer than the richest British born Briton, and the richest chinese are racing up the world chart when there were none 20 years ago so that shows that the emerging powers have great potential.

china and nigeria exist in a completely different galaxy economically my friend.

its laughable that you call them emerging powers with great potential

china is the number two economy in the world, with only the USA ahead of them.

china is also communist in name and as a result of this is it is almost impossible to guage how rich the "richest chinese" are

we can safely assume that that gulf between rich and poor in China is far wider than in the USA. this is clear not only from demographical studies and comparisons between farmers and city dwellers in Shanghai, Beijing etc. but also from the Chinse govt. itself which has acknowledged and pledged to decrease this gulf in its latest 5 yr plan. so if they are the number 2 economy in the world AND have a FAR wider separation of wealth than the USA, just imagine how rich the "Richest chinese" are.

i wasnt saying they are in the same category, im saying they have emerged as economies,

and wasnt just talking about nigeria, but brasil, india, south africa, etc and the other countries that have new or richer billionaires on that list.

and yes, china still has great potential so not laughable.

[Guillermo Rigondeaux]

your still not getting it

china is a highly developed economy, so developed that they are now trying to COOL their growth through economic policy. china "emerged" years ago, you must have been in the gym when it happened.

china has great potential to implode at the current point in time. their potential for further growth sustained at the levels we have seen for the past 10 years is not present.

as we speak china and the usa are locked in an enormous political, ecnonomic and military "posturing" war. china no longer need American demand - they are no longer dependant on their massive exports and reliant on importing material, infact china are now a net exporter of copper and if you know about markets you will know how crazy that is in comparison to a few years ago.

they now feed the whole asian region and further afield including places like australia, russia and india. they have massive trade deals with almost every country in that region which are pivotal to the success of the smaller ecnonomies. when your economic reach is so expansive you also control the geographic area. in accordance with this china have invested billions into their military over the last few years especially their navy. why so? because if you control the waters around asia and control the land and ecnomies - no one can invade you, no one can even get close. in turn you can ensure that potential trade embargo;s which rely on stemming the delivery of goods through container ships will be ineffective. so one of the US/UN's key weapons is nullified. china is capable of placing artillery closer and closer to europe and the usa - because they are so secretive we are still unaware of exactly how developed this military is but we can rest assured that if their commitment to new technology in the renewable energy sector is equal to their commitment to new technology in the military sector then the chinese govt. is not messing about.

how do you think north korea is still skinking south korean ships and bombing their people without s. korea's supposed allies (the usa) stepping in? look at the usa's track record for enforcing "world peace" and ensuring their allies are adequately protected. the answer is that china support the north korean regime and enable north korea to survive as a nation through trade agreements and funding. america have been begging for china to condemn the north koreans but they haven't. and america dare not step foot in north korea for fear of a chinese backlash. if there is any threat for real world war in the future this is the region to look at, forget saudi, iraq and the middle east. america will walk into those countries with little to no fear. they would not dare put a toe in chinese waters. the economic reprecussions alone could bring the western world into serious problems making the collapse of 08 look like a walk in the park.

china has been developing at an alarming rate for a number of years now, a rate of development that completely outstrips and is incomparable to the other EMERGING economies that you listed. In any case, Nigeria is NOT in the same category as Brasil or India and I have no idea where you got SA from. Please go and do some research I suggest you start with GDP and go on from there.

[Guillermo Rigondeaux]

your still not getting it

china is a highly developed economy, so developed that they are now trying to COOL their growth through economic policy. china "emerged" years ago, you must have been in the gym when it happened.

china has great potential to implode at the current point in time. their potential for further growth sustained at the levels we have seen for the past 10 years is not present.

as we speak china and the usa are locked in an enormous political, ecnonomic and military "posturing" war. china no longer need American demand - they are no longer dependant on their massive exports and reliant on importing material, infact china are now a net exporter of copper and if you know about markets you will know how crazy that is in comparison to a few years ago.

they now feed the whole asian region and further afield including places like australia, russia and india. they have massive trade deals with almost every country in that region which are pivotal to the success of the smaller ecnonomies. when your economic reach is so expansive you also control the geographic area. in accordance with this china have invested billions into their military over the last few years especially their navy. why so? because if you control the waters around asia and control the land and ecnomies - no one can invade you, no one can even get close. in turn you can ensure that potential trade embargo;s which rely on stemming the delivery of goods through container ships will be ineffective. so one of the US/UN's key weapons is nullified. china is capable of placing artillery closer and closer to europe and the usa - because they are so secretive we are still unaware of exactly how developed this military is but we can rest assured that if their commitment to new technology in the renewable energy sector is equal to their commitment to new technology in the military sector then the chinese govt. is not messing about.

how do you think north korea is still skinking south korean ships and bombing their people without s. korea's supposed allies (the usa) stepping in? look at the usa's track record for enforcing "world peace" and ensuring their allies are adequately protected. the answer is that china support the north korean regime and enable north korea to survive as a nation through trade agreements and funding. america have been begging for china to condemn the north koreans but they haven't. and america dare not step foot in north korea for fear of a chinese backlash. if there is any threat for real world war in the future this is the region to look at, forget saudi, iraq and the middle east. america will walk into those countries with little to no fear. they would not dare put a toe in chinese waters. the economic reprecussions alone could bring the western world into serious problems making the collapse of 08 look like a walk in the park.

china has been developing at an alarming rate for a number of years now, a rate of development that completely outstrips and is incomparable to the other EMERGING economies that you listed. In any case, Nigeria is NOT in the same category as Brasil or India and I have no idea where you got SA from. Please go and do some research I suggest you start with GDP and go on from there.

[nemesis]

your still not getting it

china is a highly developed economy, so developed that they are now trying to COOL their growth through economic policy. china "emerged" years ago, you must have been in the gym when it happened.

china has great potential to implode at the current point in time. their potential for further growth sustained at the levels we have seen for the past 10 years is not present.

as we speak china and the usa are locked in an enormous political, ecnonomic and military "posturing" war. china no longer need American demand - they are no longer dependant on their massive exports and reliant on importing material, infact china are now a net exporter of copper and if you know about markets you will know how crazy that is in comparison to a few years ago.

they now feed the whole asian region and further afield including places like australia, russia and india. they have massive trade deals with almost every country in that region which are pivotal to the success of the smaller ecnonomies. when your economic reach is so expansive you also control the geographic area. in accordance with this china have invested billions into their military over the last few years especially their navy. why so? because if you control the waters around asia and control the land and ecnomies - no one can invade you, no one can even get close. in turn you can ensure that potential trade embargo;s which rely on stemming the delivery of goods through container ships will be ineffective. so one of the US/UN's key weapons is nullified. china is capable of placing artillery closer and closer to europe and the usa - because they are so secretive we are still unaware of exactly how developed this military is but we can rest assured that if their commitment to new technology in the renewable energy sector is equal to their commitment to new technology in the military sector then the chinese govt. is not messing about.

how do you think north korea is still skinking south korean ships and bombing their people without s. korea's supposed allies (the usa) stepping in? look at the usa's track record for enforcing "world peace" and ensuring their allies are adequately protected. the answer is that china support the north korean regime and enable north korea to survive as a nation through trade agreements and funding. america have been begging for china to condemn the north koreans but they haven't. and america dare not step foot in north korea for fear of a chinese backlash. if there is any threat for real world war in the future this is the region to look at, forget saudi, iraq and the middle east. america will walk into those countries with little to no fear. they would not dare put a toe in chinese waters. the economic reprecussions alone could bring the western world into serious problems making the collapse of 08 look like a walk in the park.

china has been developing at an alarming rate for a number of years now, a rate of development that completely outstrips and is incomparable to the other EMERGING economies that you listed. In any case, Nigeria is NOT in the same category as Brasil or India and I have no idea where you got SA from. Please go and do some research I suggest you start with GDP and go on from there.

for the past two years the current economic growth rate of india has been roughly 7% for Nigeria its been around 5.5 to 6 % UK 0.3%

[Mr Q]

Dangote has a lot more money that that as well, so I'm told by people in government, and he isn't the richest man in Nigeria.

Anyways, Forbes list is bollocks and pointless.

[Guillermo Rigondeaux]

http://www.google.com/publicdata?ds=wb-wdi&ctype=l&strail=false&nselm=h&met_y=ny_gdp_mktp_cd&scale_y=lin&ind_y=false&rdim=country&idim=country:GBR:BRA:CHN:IND:USA:NGA:POL:RUS:DEU:FRA&tstart=-315619200000&tunit=Y&tlen=49&hl=en&dl=en

click there

i could make my own country tomorrow and have a population of 1 and growth rate of 100%

it means f*ck all lad.

nigeria is simply not in that category, it has potential and a wealth of natural resources, but it is languishing in a pit of incompetence, inefficiency and corruption coupled with crippling debt and poor infrastructure.

[Mr Q]

Nigeria doesn't have a crippling debt and the infrastructure actually isn't that poor.

The rest is correct.

[nemesis]

http://www.google.com/publicdata?ds=wb-wdi&ctype=l&strail=false&nselm=h&met_y=ny_gdp_mktp_cd&scale_y=lin&ind_y=false&rdim=country&idim=country:GBR:BRA:CHN:IND:USA:NGA:POL:RUS:DEU:FRA&tstart=-315619200000&tunit=Y&tlen=49&hl=en&dl=en

click there

i could make my own country tomorrow and have a population of 1 and growth rate of 100%

it means f*ck all lad.

nigeria is simply not in that category, it has potential and a wealth of natural resources, but it is languishing in a pit of incompetence, inefficiency and corruption coupled with crippling debt and poor infrastructure.

it would mean f*ck all if nigeria were some tiny principality in the emirates but it is double the uk population

population of uk 60million growth rate 0.3%

population of nigeria 120 million growth rate 6%

Nigeria does not have crippling debt, its relatively debt free , dont know where you got that assumption

[Guillermo Rigondeaux]

nigeria has 30bn debt

the uk gdp is so much higher than that of nigeria

we have an mpc which sets the interest rate in order to control inflation and keep growth at a sustainable level. if the interest rate was not controlled and the ecnomoy not manipulated so that growth was allowed to occur at a natural level we would be in serious trouble

nigeria has no such policy in place because it's gdp is so low that it aims for the fastest level of growth possible in order for its economy to grow at the fastest rate possible. everything is relative, what is not relative is the cold hard truth of gdp

GDP = private consumption + gross investment + government spending + (exports − imports)

your argument about populations is invalid because a population double the size of the uk should lead to an economy double the size of the uk

it does not and the nigerian economy is in a worse state than that of Poland.

[Corrigan]

guillermoux stay killin' 'em