Bill Gates has been unseated as the second richest man in the world, losing the position to Bernard Arnault, the chairman and CEO of LVMH.
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President of Dangote Group, Aliko Dangote, has significantly moved up in the World billionaires’ list as he emerged the 64th richest person in the world, with an estimated worth of $16.6 billion as against his previous ranking of 103rd in the world.
The philanthropist attitude of Aliko Dangote, President of Dangote Group, was recognized and highlighted by Richtopia, a digital periodical that covers business, economics and financial news, based in the United Kingdom, on Wednesday as the richest man in Africa was named as the sixth most charitable man in the world.
Zuckerberg passed Buffett Friday as Facebook shares rose 2.4 per cent, Bloomberg reported
In our dear country, Nigeria, many of our compatriots who are labelled “billionaires” engage in all manner of senseless orgies and unwholesome public displays in order to be rated among the richest Nigerians. Some even lobby to be included by Forbes magazine as among the richest persons in the world. There is nothing men have not done to be seen as stupendously rich, even when they are in debt all over the place.
Easily one of the world’s most innovative and successful entrepreneurs, Bill Gates is a man of vision and mission. As a people-oriented entrepreneur and philanthropist, his credentials can hardly be faulted.
Recently, Bill Gates looked at Nigeria’s development plan and passed a vote of no confidence in its ability to lift the country out of poverty and ensure economic prosperity for the vast majority of Nigerians. In his address to the expanded National Economic Council, the former world’s richest man pointed out critical areas in need of improvement in Nigeria’s development plan. He said: “The Nigerian government’s economic recovery and growth plan identify investing in our people as one of three strategic objectives. But the execution priorities don’t fully reflect people’s needs, prioritising physical capital over human capital. People without roads, ports, and factories can’t flourish. And roads, ports and factories without skilled workers to build and manage them can’t sustain an economy.”
The recent comment by Bill Gates at the expanded National Economic Council meeting at the Presidential Villa, Abuja gave a trampoline for the opposition parties to raise their value in the political space by enriching the developmental debate with their findings on the government’s Economic Recovery and Growth Plan.
It is an essential part of African tradition and culture that when people host you in their homes, treat you with courtesy, open their doors to you, even if the dinner they serve you is the worst you have ever had, you are still required to say nice words. Mr Gates’ recent visit to Nigeria was like a special treat
The party said the verdict has also vindicated its stand that the Buhari administration is the worst in the history of our nation, that it never had the interest of the people at heart but has been lying to Nigerians with false performance indices and cosmetic appearances, while its agents continue to siphon funds meant for the welfare of the people.
Gates said this on Thursday in Abuja when he led a delegation from the Foundation to meet with the Minister of Finance on vaccines financing programme in Nigeria.
In his address, Gates said all partners were committed to ensuring that maximum number of children were reached, adding that the MoUs were intended to enable states achieve targeted coverage
Bill Gates maintained his position as the riche st in the world with a net worth of $86 billion, while Warren Buffet and Jeff Bezos were second and third consecutively with net worth of $75.6 billion and $72.8 billion.
The Minister of Finance, Kemi Adeosun, made this known in Abuja on Tuesday when she received a delegation of Japanese House of Councillors Parliamentarians.
Bill Gates responded to each of these questions, stating what his Foundation is doing in Nigeria in collaboration with government and other charitable organisations, including Dangote Foundation
David Rubenstein, the CEO of The Carlyle Group, moderated the panel on technology’s ability to disrupt poverty
An Africa without polio is within reach. So is the vision of getting life-saving vaccines to every child
In legal documents relating to a court battle between Mill Financial, Gillett and the Royal Bank of Scotland, it has been revealed that Gates, who is worth an estimated £68.3 billion, was contacted but he opted not to respond
The company is working with an innovative energy start-up GravityLight to help provide residents living in off-grid communities across Kenya with lighting devices powered by gravity
Global markets erased another $69.2 billion from the combined net worth of the world’s 400 richest people on the first trading day of the week after the Brexit vote, bringing total loss to $196.2 billion in 48 hours