Top 5 billionaires’ fortunes larger than N6.06 trillion 2016 budget

The combined fortunes of our top 5 billionaires – Alhaji Aliko Dangote, Dr. Michael Adenuga, Jnr., Mrs Folorunsho Alakija, Mr. Femi Otedola and Alhaji Abdulsamad Rabiu – is larger than the N6.06 trillion 2016 budget of Nigeria!

Today (Tuesday, May 10,2016) the net worth of our Forbes listed billionaires is $31.6 billion ( N6.32 trillion).

Alhaji Dangote, 59, has $17.1 billion (N3.42 trillion); Dr. Adenuga, 63, $10.5 billion ( N2.1 trillion); Mrs. Alakija, 65, $1.6 billion ( N320 billion); Mr. Otedola, 52, $1.2 billion (N240 billion) and Alhaji Rabiu, 55, $1.2 billion (N240 billion).

• Agbolade Owolabi for encomium.ng