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Dangote, Adenuga, Rabiu Make Forbes Billionaires List

War, pandemic and sluggish markets hit the world’s billionaires this year. There are 2,668 of them on Forbes’ 36th-annual ranking of the planet’s richest people—87 fewer than a year ago.

Forbes has released its annual World’s Billionaires List, ranking 2,668 billionaires across the world for this year, 2022.

Only three Africans (all Nigerians) were in the Top 500 of the list. They include Aliko Dangote (No. 130) with his $14 billion in total earnings, making him the richest man in Africa according to the magazine. The next African on the list is Mike Adenuga with his $7.3 billion fortune which puts him at number 324 on the list. 

Abdulsamad Rabiu, was listed at number 350 with his $6.9 billion fortune.

Twelve people under the age of 30, also made it to the list.

Francoise Bettencourt Meyers with her $74.8 billion fortune was ranked as the richest woman on the planet for the second year running (No. 14 in the general list). She’s the granddaughter of the founder of beauty giant L’Oréal.

War, pandemic and sluggish markets hit the world’s billionaires this year. There are 2,668 of them on Forbes’ 36th-annual ranking of the planet’s richest people—87 fewer than a year ago.

They’re worth a collective $12.7 trillion—$400 billion less than in 2021. The most dramatic drops have occurred in Russia, where there are 34 fewer billionaires than last year following Vladimir Putin’s invasion of Ukraine, and China, where a government crackdown on tech companies has led to 87 fewer Chinese billionaires on the list.

Still, Forbes found more than 1,000 billionaires who are richer than they were a year ago. And 236 newcomers have become billionaires over the past year—including the first ever from Barbados, Bulgaria, Estonia and Uruguay. America still leads the world, with 735 billionaires worth a collective $4.7 trillion, including Elon Musk, who tops the World’s Billionaires list for the first time. China (including Macau and Hong Kong) remains number two, with 607 billionaires worth a collective $2.3 trillion. We used stock prices and exchange rates from March 11, 2022 to calculate net worths. See below for the full list of the world’s billionaires and our methodology.

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