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November 28, 2019

The Top 10 Richest Musicians in the World 2020

This list is covered by people I would rather refer to as legends. They have conquered the industry and also paved ways for other artistes to become way more popular and successful. The likes of Jay-Z and Dr Dre has influenced a lot of people and are obviously good leaders.

These musicians are so rich. They could acquire any sort of luxury they really want and have lots of records sold. Endorsement deals are easy for them to get but the more interesting fact is that some of them have huge brands that are actually doing the endorsings.

Go below to continue reading about the 10 Richest Musicians in the world and how much they are worth.

Paul McCartney
Photo Credit - Wikipedia

1) Paul McCartney
Net Worth - $1.2 Billion

Wealthygorilla places Paul McCartney net worth at $1.2 billion. With this much, McCartney is the richest musician in the world.

According to Forbes, He pulled in $17.8 million from four South American shows in 2019, bringing his solo career earning total in Latin America to $101 million.

According to networthbuzz, McCartney is the winner of 18 Grammy Awards and has been inducted into Rock and Roll Hall of Fame twice.

Chron states, Between that somewhat popular band from Liverpool, the Beatles, and his solo career, McCartney has sold more than 100 million albums and 100 million singles. He has 60 gold albums, all over the world.

According to the International Federation of the Phonographic Industries in 2006, The Beatles are the biggest popular music act of all time, with over 400 million albums sold officially, while the total number of all Beatles' records sold was over 1 billion copies.


According to Bornrich, McCartney has various mansions in different locations. The first is his peamarsh mansion in Sussex, England and it's a 1,500 acre estate. It is said to be where he spends much of his married life. He has another called the St. John's wood which is located in London and has neighbors such as JK Rowling, Madonna, Kate Moss and more.

The Beverly Hills house which he bought for $4 million and located in posh area of Beverly Hills, California. McCartney also owns a lavish Manhattan apartment in West 54th street, Manhattan, New York.

Andrew Lloyd Webber
Photo Credit - Britishtheatre

2) Andrew Lloyd Webber
Net Worth - $1.2 Billion

therichest tags the net worth of Andrew Lloyd Webber at $1.2 Billion. He is the second richest musician in the world after Paul McCartney.

According to Forbes, Professional productions of his shows have sold more than 330 million tickets in more than 80 countries, more than 125 million of them in the U.S. His cast recordings have resulted in more than 40 million album sales.

Lloyd Webber has won seven Tonys, three Grammys, seven Oliviers, one Golden Globe, two BRIT awards, 14 Ivor Novello awards and an Oscar.

Read Also: The most expensive phones in the world

Jay Z
Photo Credit - Complex

3) Jay Z
Net Worth - $1Billion

Jay Z net worth in 2020 is estimated at a billion dollars according to Forbes. Jay Z has managed to broaden his line of wealth. Forbes did put the following into consideration while calculating his net worth; His Armand De Brignac, Cash & Investment, D'Usse Venture, Tidal streaming service, Roc Nation, $75 million music catalog, Real estate and art collection.

According to investopedia, Jay-Z's celebrity endorsement deals include the Anheuser-Busch beer Budweiser, Samsung Group and the Brooklyn Nets, a National Basketball Association team.

According to businessinsider, The most money he made from a solo tour was in 2017 during his "4:44 Tour," which netted $48.7 million. That same year, Jay-Z signed a 10-year deal with Live Nation for $200 million.

In 1999, he cofounded the clothing company Rocawear, which he then sold in 2007 for $204 million.

Wikipedia says Jay-Z is one of the world's best-selling music artists, with over 100 million records sold worldwide.

therichest made a list of richest things bought by rapper, Jay Z and they were; $5 million Beyonce engagement ring, his $5 million Hublot watch, a $600,000 sold gold rocking horse for blue ivy, a nursery in the Baclays center for blue ivy which he pays $1 million annually, $56 million Aspiro Company, a $20 million private island etc.

Herb Alpert
Photo Credit - Concord

4) Herb Alpert
Net Worth - $850 million

Celebritynetworth pegs the net worth of Herb Alpert at $850 million. Alpert is an American musician and Music Industry executive.

According to Wikipedia, Alpert's musical accomplishments include five No. 1 albums and 28 albums total on the Billboard Album chart, nine Grammy Awards, fourteen platinum albums, and fifteen gold albums. Alpert has sold 72 million records worldwide.




Alpert is the only recording artist to hit No. 1 on the U.S. Billboard Hot 100 pop chart as both a vocalist ("This Guy's in Love with You", 1968) and an instrumentalist ("Rise", 1979).

Read Also: These are the richest comedians in Nigeria

P Diddy
Photo Credit - Vanityfair

5) Puff Sean Diddy
Net Worth - $820 million

Puff Diddy net worth is estimated at a stunning net worth of $820 million according to manshealth. He is the fifth richest musician in the world.

According to celebrityendorsers, P Diddy has an endorsement deal with these big brands AQUAhydrate, Burger King, Ciroc, DeLeon, DeLeón Tequila.

Digitalspy in 2016 reported that during the Bad Boy Reunion Concert that Sean Combs threw his $500,000 worth diamond chain into the crowd.

According to Cnbc, Combs took home an estimated $70 million when Global Brand Groups purchased a stake in his clothing company Sean John, Forbes reports. He still owns a reported 20 percent of the company in November 2016.

Moneyinc took us to the rappers garage through their publication on Diddy's car collection. The outrageous vehicles include a Maybach 57, Jeep Wrangler unlimited, 1958 Corvette, Lamborghini Gallardo Spyder and Phantom Drophead Coupé.

Read Also: These are the richest black people in the world


Dr Dre
Photo Credit - Biography

6) Dr Dre
Net Worth - $800 million

Forbes ranks Dr Dre's net worth at $800 million. He is 54 years old and lives in Los Angeles, California. Celebrityendorsers says Dr Dre has been endorsed to Chrysler, Coors light, Dr Pepper, St. Ideas etc.

From billboard, Dr Dre from his two studio albums, The Chronic and Dr Dre sold 5.8 million and 7.9 million respectively.

According to Moneyinc, In 2001, Dr. Dre greatly increased his net worth when he sold part of his shares of Aftermath Entertainment to Interscope Records for $52 million. That year, Rolling Stone Magazine named him the second highest paid artist of the year. That year, his royalties alone earned him over $11.4 million.

In May 2014, Apple Inc. bought Beats by Dr Dre for $3 billion. This was Apple’s most expensive purchase to date.

Read Also: Most expensive private jets in the world

Celine Dion
Photo Credit - Billboard

7) Celine Dion
Net Worth - $800 million

Celine Dion is among the richest musicians in the world. Celine Dion net worth is estimated at $800 million according to Wealthygorilla.

According to Wikipedia, She remains the best-selling Canadian artist and one of the best-selling artists of all time with record sales of 200 million copies worldwide. Her concert tours and Las Vegas residencies have grossed over $1.4 billion, making her one of the most profitable live performers of all time.

therichest made a list of the most expensive things bought by Celine Dion and they include Bombardier BD-700 Express, a gulf court, her over $20 million South Florida home, Maybach 62, Paris real estate, a 1995 white rare Rolls Royce Corniche Convertible and her Montreal private island mansion.

Bono
Photo Credit - One

8) Bono
Net Worth - $700 million

Celebritynetworth has Bono's net worth at $700 million. He is the 8th richest musician in the world and he's 60 years old. Bono is best known as the lead vocalist and primary lyricist of rock band U2.


According to express, Bono and the U2 band has sold more than 170 million albums worldwide and has won 22 Grammy Awards - more than any other rock band.

Bono writes the lyrics for almost all U2 songs, which often have social and political themes.

Read Also: 20 Richest actors in India and their net worth

Rihanna
Photo Credit - Grammy

9) Rihanna
Net Worth - $600 million

Rihanna has an estimated net worth of $600 million according to Cnbc. She is the richest female singer in the world after singer Celine Dion. She's earned nine Grammy awards and established herself as a music icon.

Rihanna's wealth comes from her partnership with LVMH. Fenty Beauty, the makeup line that she co-owns with the luxury goods conglomerate, generated a reported $72 million in sales in just its first full month in 2017 and about $570 million in sales by the end of 2018.

According to ROC Nation, she has sold 60 million albums and 215 million digital tracks worldwide making her the top-selling digital artist of all time. She's put out 8 albums, achieved 14 number-one singles and won 8 Grammy Awards.

According to ledgernetworth, Rihanna lives is in New York where she lives in a penthouse that has a total value of more than 10 million. Rihanna Car Collection includes A Porsche 997 Turbo, The Chevy Suburban, Lincoln Navigator, Mercedes Maybach 575, and Lamborghini Aventador.

Madonna
Photo Credit - Nme

10) Madonna
Net Worth - $590 Million

Wealthygorilla ranks Madonna net worth at $590 million. She closes the list of richest musicians in the world 2020. Celebrityendorsers states that Dolce & Gabbana, Adidas, Alexander Wang, BMW, Chimento are among the top brands she has endorsed.



According to Wikipedia, Guinness World Records listed Madonna as the best-selling female recording artist of all time, with more than 300 million records sold during her career.

Read Also: These are the richest 20 actresses in Nigeria

Conclusion
Let's take a recap of the whole list

  • Paul McCartney 
  • Andrew Lloyd Webber 
  • Jay Z 
  • Herb Alpert 
  • Puff Diddy 
  • Dr Dre 
  • Celine Dion 
  • Bono 
  • Rihanna 
  • Madonna 

November 26, 2019

A look at the top 10 richest comedians in Nigeria 2020

Yeah, the Nigerian comedy industry is really doing well and lots of fortunes made. Stand up comedians make huge money off their organized shows in different places. Ticket sales and endorsements are huge lifters for them. Lots of skits are done on the internet by these comedians which as well made huge name for them.

Let's waste no time and get to the list of the richest comedians in Nigeria and how much they are worth; want to know a lot about them? Then read below.

Read Below: How to download from YouTube on Android and iPhone

AY Makun
Photo Credit - Bellanaija

1) AY Makun
Net Worth in Dollars - $3.3 million
Net Worth in Naira - N1.2 Billion

naijanetworth pegs the net worth of Nigerian comedian AY Makun at N1.2 Billion. He is the richest comedian in Nigeria. Alibaba was his mentor before he found his own fame.

He was made a U.N Peace Ambassador in 2009 after winning six awards in 2008. He is the CEO of Corporate World Entertainment Nigeria.

According to Wikipedia, He hosts one of Africa's largest comedy shows, AY Live featuring comedians like Bovi, Helen Paul and many other comedians. Ayo Makun is also the Chief Executive Officer for Corporate World entertainment, Nigeria. He also owns a club house.

Imdb states states Ay makun as a popular actor and producer. His filmography includes A trip to Jamaica in 2016, The Accidental Spy in 2017, The millions in 2019, Kasanova in 2019, Merry Men: The Yoruba Demons, Moms at war in 2018, 10 days in Suncity in 2017 etc.

The comedian is married to interior designer, Mabel Makun. Legit reported on July 2019 that AY bought cars for himself and his wife. The video caused various internet reactions.

Basketmouth
Photo Credit - medium 

2) Basketmouth
Net Worth in Dollars - $2.9 million
Net Worth in Naira - N1 Billion

With estimated net worth of a billion naira, Nigerian popular comedian Basketmouth is the second richest comedian in Nigeria.

According to nigeriainfopedia, Basketmouth charges about N2 million for each show that he performs in. He is always a fan favorite. He thrills and cracks ribs with undiluted comic lines.

According to Nairaland, He is married to Elsie Uzoma Okpocha, they got married in the year 2010 and blessed with two (2) kids, Jason Okpocha and Janelle Okpocha.

Read Also: The most expensive phones in the world

Alibaba Comedian
Photo Credit - dailypost




3) Alibaba
Net Worth in Dollars - $2.8 million
Net Worth in Naira - N1 Billion

Alibaba according to various voices is referred to as the king of Nigerian comedy. His real name is Atunyota Alleluya Akpobome. Alibaba is also a good actor having acted in movies like The Wedding Party, The Wedding Party 2, Gone to America etc.

Alibaba in 2016 according to pulse said that the reason he chose comedy over acting there was simply no money in acting.

From Punch, Alibaba said he made his first millions in the 90's as a stand up comedian. According to him someone was baffled that he was paid N82,000 for an endorsement deal as a comedian without even knowing that he had got 1.2 million naira from Guinness Plc Nigeria endorsement deal.

Bovi
Photo Credit - Pulse 

4) Bovi
Net Worth in Dollars - $1.7 million
Net Worth in Naira - N600 million

Nigerianinfopedia pegs Bovi's net worth at 600 million naira. Bovi is the 4th richest comedian in Nigeria and considered one of the funniest in the industry.

Bovi has worked alongside other Nigerian comedians such as I Go Dye , I Go Save, Basketmouth , Buchi , Odogwu, Okey Bakassi, Julius Agwu and others.

According to nigeriainfopedia, The multi award winning popular celebrity has racked mouth watering deals that suits his status. Some of Bovi’s endorsement deals includes being an ambassador for Globacom Nigeria, Diamond bank among others.

Bovi began a series titled "BACK TO SCHOOL" in 2018 which he uploads in his YouTube channel.

Read Also: Richest kids and teenagers in the world

I Go Dye
Photo Credit - vanguard 

5) I Go Dye
Net Worth in Dollars - $1.5 million
Net Worth in Naira - N550 million

I Go Dye is on the list with net worth of 550 million Naira. “I go Die” came into limelight via Opa William’s Night of a thousand laugh, a platform that exposed many of the successful comedians in the country.

According to naijaquest, I Go Dye has an endorsement deal through which he performs an ambassadorial role for the Millennium Development Goals of the United Nations.

Legit reported in 2016 that I Go Dye was among the four celebrities alongside phyno
and kcee that were endorsed by authority newspaper owned by Ifeanyi Uba, Akwa Ibom Former Governor and oil mogul.

According to legit, early March 2019, I Go Dye welcomed a baby girl with actress Eki Okoro. It seemed to be a secret relationship between the two parents.

Gordons
Photo Credit - dailypost 

6) Gordons
Net Worth in Dollars - $1.3 million
Net Worth in Naira - N468 million

Austinemedia tagged the net worth of comedian Gordons at $1.3 million which is valued at N468 million in naira. Gordons is currently one of the richest and most influential comedian in Nigeria.

According to nigeriagalleria,  at the age of 13, Gordons was already a breadwinner. He started from Delta State based gospel music group, D.C Envoy. This group exported music comedy to the campus when they got admission even in the midst of poverty stricken background.

In 2017, legit made a post about Gordons opening up on some emotional stuffs. It was on an interview with Tosin Cleg where he revealed that his parents wanted him dead because he had seven teeth in his mouth when he was born.

Read Also:11 Highest paid CEOs in Nigeria


Photo Credit - bellanaija 
7) Okey Bakassi
Net Worth in Dollars - $1.28 Million 
Net Worth in Naira - N450 million


Okey Bakassi is a very popular Nigerian comedian, actor and TV presenter. His net worth is estimated at N450 million.

According to Wikipedia, In 2014, he won the "Best Actor in a Leading Role (Igbo)" category at the 2014 edition of the Best of Nollywood Awards for his role in the film Onye Ozi.

Imdb records Okey Bakassi as an actor and show his filmography as follows: Onye Ozi in 2013, Fools on the run in 2007, Ngozi: Abeg Marry Us in 2003, I need a husband in 2007, Husband my foot 1&2 in 2007, How far? in 2007, Store Keeper in 2006 etc.

Akpororo
Photo Credit - Thisdaylive 

8) Akpororo
Net Worth in Dollars - $1 Million
Net Worth in Naira - N360 million

Akpororo is among the richest comedians in Nigeria. Trendscelebsnow tags his net worth at $1 million equivalent to 360 million naira. He is a very popular stand up comedian with lots of shows shutdown.

According to pulse, In the early part of his career, he started off as a gospel singer up until 2008 when he moved to Lagos and contested twice in the AY's Open Mic Challenge, coming second in his first try and winning the competition on his second try.

Akpororo rose to stardom in 2013 following his performance at "Basketmouth's Laff and Jam" show and went on to perform in several comedy shows including "AY Live."


Akpororo bought a new Acura RDX Car for himself after buying a car to celebrate his wife's birthday. He shared the photos on instagram according to withinnigeria.

According to Nairaland, February 2019, the comedian launched his new mansion located at Amen Estate in Lagos State.

Mark Angel
Photo Credit - instagram 

9) Mark Angel 
Net Worth in Dollars - $600,000
Net Worth in Naira - N216 million

Mark Angel has an estimated net worth of $600,000 which is equivalent to N216 million in Naira according to Austinemedia. Mark Angel is the founder of the popular comedy skit “Mark Angel Comedy” a short comedy video published every Friday on YouTube.

In 2008 Mark Angel gained admission into Obafemi Awolowo University in Ile-Ife, Osun State, Nigeria to study Medicine and Surgery but unfortunately his sponsor died few months later and he had to quit school because nobody was there to cater for his academic needs.

In 2012 Mark Angel met with his friend Denison Igwe and together both of them decided to start a media organization that will be based on comedy. That idea gave birth to Mark Angel Comedy, a weekly comedy skit published on YouTube.

According to pulse, During an interview with punch newspaper, Mark Angel disclosed relationship with Emmanuella - "She is my niece. She has lived with my family ever since she was born even though her parents are alive. We are a large family and we lived together in the past."




Read Also: Olamide and phyno net worth: who is the richest?

Brodashaggi
Photo Credit - instagram 

10) Brodashaggi 
Net Worth in Dollars - $140,000
Net Worth in Naira - N50 million

Nigeriainfopedia pegs Brodashaggi net worth at N50 million while others say it's more than that. He closes the list of richest comedians in Nigeria. Brodashaggi is a popular Nigerian internet comedian known for his catch phrase “Oya hit me”.

Nigerianinfopedia claimed The comedy skit that made Shaggi so popular is the “Jesus appeared in Mushin” video skit which he was asked by Aunty shaggi what he would do if Jesus appeared in that vicinity. He portrayed himself as an area boy in Yoruba setting in that video with the “oya hit me” slang.

Conclusion
Let's take a recap of the list

  • AY Makun 
  • Basketmouth 
  • Alibaba 
  • Bovi 
  • I Go Dye 
  • Gordons 
  • Okey Bakassi 
  • Akpororo 
  • Mark Angel 
  • Brodashaggi 


November 22, 2019

These are the 10 richest black people in the world 2020

There are obviously many billionaires and world richest in the world. Some percentage of these billionaires are black and rule in their various fields. We would love to look at the various richest black people and how they got to be so rich.

Here goes the 10 richest black people in the world 2020

Aliko Dangote
Photo credit - Cnbc

1) Aliko Dangote
Net Worth - $9 billion

Aliko Dangote hails from Nigeria and he's the richest black person in the world. He has stunning net worth of $9 billion according to Forbes.

According to investopedia, at age 21 Aliko Dangote borrowed $3,000 from his uncle to import and sell agricultural commodities in Nigeria, his native country. His business venture quickly became a success, and as a result, he managed to repay the entire loan within three months of starting operations.

Dangote Refinery has been under construction for three years and is expected to be one of the world's largest oil refineries once complete.

He owns nearly 85% of publicly-traded Dangote Cement through a holding company.
Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa.

Read Also: 10 most expensive private jets in the world

Mike Adenuga
Photo Credit - Mymediaafrica

2) Mike Adenuga
Net Worth - $8.8 billion

According to Forbes, this is Mike Adenuga's net worth, $8.8 billion. He closely follows up Aliko Dangote and he's the second richest black person in the world.

From pulse, Otunba Mike Adenuga made his first major fortune at age 26 years for dealing in importation of lace and other clothing materials in 1970.

His oil exploration outfit, Conoil Producing, operates 6 oil blocks in the Niger Delta. In August 2003, Adenuga started the first indigenous GSM telecommunication Nigeria, Global Communications Limited (Globacom). At present, his telecom business has expanded into other West African countries - Republic of Benin, Ghana and Côte d'Ivoire.

In Nigeria, Globacom is the second largest telecom operator with about 37 million subscribers.

Robert Smith
Photo Credit - Denverpost

3) Robert Smith
Net Worth - $4.47 billion


Fortune tagged the net worth of Robert Smith at $4.47 billion. This makes Robert the richest black man in America.

Smith started as an intern at Bell Labs when he was a junior in high school and spent his time outside of school learning how computers work. After obtaining an MBA from Columbia, he went to work for Goldman Sachs, where he was an advisor on mergers for tech giants like Microsoft and Apple. In 2000, he struck out on his own to launch Vista Equity.

In 2015, Smith married model Hope Dworaczyk in a lavish ceremony on Italy's Amalfi Coast, featuring performances by John Legend, Seal and Brian McKnight.

According to CNN, He attended business school at Columbia University and went on to make a fortune off investing in the technology sector, working for GoldmanSachs before starting Vista Equity in 2000.

Read Also: Top 11 highest paid CEOs in Nigeria

Oprah Winfrey
Photo Credit - Slate

4) Oprah Winfrey
Net Worth - $3 billion

Oprah Winfrey has stunning net worth of $3 billion according to investopedia. She is the richest black woman on earth.

Winfrey started her first television job on WLAC-TV (now WTVF), a CBS station in Nashville, Tennessee, at age 19. In 1976, she transferred to WJZ-TV, the ABC affiliate in Baltimore, Maryland, where she struggled with the objectivity required to be a news co-anchor and reporter. Instead, she joined a new morning talk show called “People are Talking," which aired in 1978. That's where Winfrey's fortunes took off.

Oprah Winfrey is officially retired as the television host of the "Oprah Winfrey Show" in 2011. According to biography, Billionaire media executive and philanthropist Oprah Winfrey is best known for hosting her own internationally popular talk show from 1986 to 2011. From there she launched her own television network, OWN.



Isabel Dos Santos
Photo Credit - Businesslive

5) Isabel Dos Santos
Net Worth - $2.2 billion

Forbes tagged her net worth at $2.2 billion. Now we already have two women on the list of richest black people. Isabel dos Santos is the oldest daughter of Angola's longtime former president, Jose Eduardo dos Santos, who stepped down in fall 2017

From Wikipedia, In 2013, according to Forbes, her net worth had exceeded US$2 billion making her Africa's first billionaire woman. Forbes described how dos Santos acquired her wealth by taking stakes in companies doing business in Angola, suggesting that her wealth comes almost entirely from her family's power and connections.

Pulse in 2017, reported Dos Santos being sacked as the head of Sonangol. She was replaced by new Angolan president who succeeded her father. Sonangol is Angolan State run oil firm.

Read Also: These are the richest kids and teenagers in the world

Patrice Motsepe
Photo Credit - Sabcnews

6) Patrice Motsepe
 Net Worth - $2.2 billion

Patrice Motsepe is the 6th person on the list. He is from South Africa with a huge net worth of $2.2 billion. He is the richest man in South Africa, was named in 2012 by the Sunday Times annual rich list.

According to Wikipedia, He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum. He sits on several company boards, including being the non-executive chairman of Harmony Gold, the world's 12th largest gold mining company, and the deputy chairman of Sanlam.

According to Forbes, In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a contracting business doing mine scut work.

In 1997, he bought low-producing gold mine shafts and later turned them profitable.

Folorunsho Alakija
Photo Credit - Dailypost

7) Folorunsho Alakija
Net Worth - $1.7 billion

Forbes places Folorunsho Alakija's net worth at a billion dollars plus. She is one of the richest black people's list and the richest woman in Nigeria and among the top richest women in Africa.

According to time, Folorunsho Alakija actually unseated Oprah Winfrey in 2014 as the richest black woman in the world. At then she was tagged at $3.3 billion.

The 62-year-old started her career as a secretary at the erstwhile Merchant Bank of Nigeria, but moved to England in the early 1980s to study fashion design. She then returned to her native country and set up a high-end label called Supreme Stitches.




Folorunsho Alakija is vice chair of Famfa Oil, a Nigerian oil exploration company with a stake in Agbami Oilfield, a prolific offshore asset.

Read Also: 10 Richest Pastors in Nigeria

Michael Jordan
Photo Credit - Complex

8) Micheal Jordan 
Net Worth - $1.7 billion

The net worth of Micheal Jordan currently stands at a stunning $1.7 billion. By many, he is considered to be the best NBA player of all time.

According to pulsegh, He earned $90 million total in NBA salary, and about $63 million of that came in his final two seasons with the Chicago Bulls. As of 2015, he was reportedly making $100 million a year from Nike royalties alone.

Nike founder Phil Knight called signing Jordan the best decision he ever made, nabbing the NBA rookie for $250,000 a year in 1984. Nike's Jordan Brand alone now brings in more than $3 billion in revenue each year.

Strive Masiyiwa
Photo Credit - Unilever

9) Strive Masiyiwa 
Net Worth - $1.5 billion

Strive Masiyiwa net worth is written different according to various publications. He is the richest man in Zimbabwe.

According to Forbes, Mascom was the first mobile telecom company Masiyiwa founded. He founded the company 21 years ago, few months before he established Econet Wireless in Zimbabwe. It is Botswana’s largest mobile operator with a reported 1.7 million subscribers.

In March 2019, Econet Group spent $300 million acquiring a 53% stake in Mascom from MTN Group, thereby increasing its stake from 7% to 60%. The deal is expected to be concluded anytime soon as regulatory approval is at its final stages.

Micheal Lee Chin
Photo Credit - Theglobeandmail

10) Micheal Lee Chin 
Net Worth - $1.5 billion

Michael Lee Chin closes the list for the richest black people in the world. With net worth of over $1.5 billion, he is considered richest person in Canada.

According to Forbes, Michael Lee-Chin made a fortune investing in financial companies like National Commercial Bank Jamaica and AIC Limited.

Under Lee-Chin, the Canada-based wealth management and mutual fund business managed more than $10 billion in assets by 2002.

Read Also: Most populated countries in the world

Conclusion
Hope we met your needed answers for your enquiry. Let's recap the list again....

  • Aliko Dangote 
  • Mike Adenuga 
  • Robert Smith 
  • Oprah Winfrey 
  • Isabel Dos Santos 
  • Patrice Motsepe 
  • Folorunsho Alakija 
  • Michael Jordan 
  • Strive Masiyiwa 
  • Michael Lee Chin 

November 19, 2019

Looking at the 10 most populated countries in the World

The world population currently stands at 7.7 billion with Asia having most of the population. China takes the first position followed by India, both being Asian countries. 

The world population took over 200,000 years of human history for the world population to reach a billion and then only 200 years to strike 7 billion. Don't know which countries are most populated? Then this post on most populated countries in the world got it all covered. The population's data comes from Internetworldstats

Read Also: Richest Actors in India


China

1) China - Most Populated Country
Population - 1,420,062,022

China is the most populated country in the world with population of over 1.4 billion. China covers approximately 9,600,000 square kilometers and it's the third or fourth largest country by total area. 

China exercises jurisdiction over 22 provinces, five autonomous regions, four direct-controlled municipalities (Beijing, Tianjin, Shanghai, and Chongqing), and the special administrative regions of Hong Kong and Macau.

The current president is Xi Jinping, who took office in March 2013. The office was first established in the Constitution of the People's Republic of China in 1954 and successively held by Mao Zedong and Liu Shaoqi.

Is Hong Kong part of China? 
Hong Kong is a special administrative region on the eastern side of the pearl river estuary in southern China. It's population is at about 7.4 million which includes people from various nations. 

Who is in control of China? 
The current president of China is Xi Jinping. He became the president on March 2013.

China is bordered by 14 countries: Afghanistan, Bhutan, India, Kazakhstan, North Korea, Kyrgyzstan, Laos, Mongolia, Myanmar (Burma), Nepal, Pakistan, Russia, Tajikistan, and Vietnam.


Indian flag

2) India 
Population - 1,368,737,513

India is the second most populated country in the world with population of over 1.3 billion people. It is located in South Asia and and also the seventh largest country in the world by area. 


Why is India called India?

The name is derived from the ancient Hindu Puranas, which refer to the land that comprises India as Bhāratavarṣa (Sanskrit: भारतवर्ष, lit. country of Bharata) and uses this term to distinguish it from other varṣas or continents.

How old is India? 
According to Wikipedia, anatomically modern humans first arrived on the Indian subcontinent from Africa between 73,000 and 55,000 years ago. However, the earliest known human remains in South Asia date to 30,000 years ago.

Is India a Third World country
Yes, India is considered as a Third World country and also a developing country


United States Flag

3) United States 
Population - 329,093,110

United States has population of over 329 million. 52 states are found in the US. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC.

Who is the president of US?
Donald Trump. He is the 45th and current president of the United States. The 73 years old Trump assumed the presidency office on January 20, 2017.

Do Puerto Ricans pay US taxes?
The Commonwealth government has its own tax laws and Puerto Ricans are also required to pay some US taxes although most residents do not have to pay the federal personal income tax. In 2016, Puerto Rico paid $3.5 billion into the US Treasury.

Read Also: Most expensive private jets in the world


Indonesian flag

4) Indonesia 

Population - 269,536,482

Over 269 million people are in Indonesia. It is among the most populated countries in the world. Jakarta is it's capital and the country is located in Southeast Asia and made up of thousands of volcanic islands. 

Is Indonesia a Rich Country?
Indonesia has the largest economy in Southeast Asia and is one of the emerging market economies of the world. The country is also a member of G20 and classified as a newly industrialised country. 

It is the 16th largest economy in the world by nominal GDP and the 7th largest in terms of GDP (PPP).

Indonesia, with over 18,000 counted islands, is by far the largest and most varied archipelago on Earth. It spans almost 2 million square kilometers between Asia and Australia.

Who is the president of Indonesia?
Joko Widodo is the 7th and current president of Indonesia. He assumed office on 20 October 2014.



Brazilian flag

5) Brazil
Population - 212,392,717

Brazil comes fifth on the list. We all know Brazil to be a populated country and it has population of over 212 million. It is a South American country. The capital of Brazil is Rio De Janeiro and one of the interesting facts about Rio is the 38m Christ the Redeemer statue.

Brazil is famous for some huge soccer stars, namely Pele, Ronaldo, and Ronaldinho. Football is like passion for Brazilians, who often refer to their country as “o País do Futebol” (“the country of football”).

Is Brazil a developed country?

Brazil is not a developed country. Though it has several characteristics of one, including the largest economy in South America or Central America, Brazil is still considered as developing due to its low GDP per capita, low living standards, high infant mortality rate and other factors.

Who is the president of Brazil?
Jair Bolsonaro is the 38th and current president. He was sworn in on 1 January 2019 following the 2018 presidential election.

Read Also: Richest kids and teenagers in the world


Pakistani flag

6) Pakistan
Population - 204,596,442

Pakistan comes as the 6th most populated country in the world with over 204 million population. It is also called the Islamic republic of Pakistan and it is situated in South Asia. It is the 33rd largest country by area with 813,913 Square Kilometers.

Who is the Prime Minister of Pakistan?
Imran Ahmed Khan Niazi HI PP is the 22nd and current Prime Minister of Pakistan and the chairman of the Pakistan Tehreek-e-Insaf.


Nigerian flag

7) Nigeria
Population - 200, 962, 417

Nigeria is the only African country on this list. Well, it's frequently called the "Giant of Africa", the most populated country in Africa and the 7th most populated country in the world.

Who is the president of Nigeria?
Muhammadu Buhari. He was sworn in on May 29, 2015 as the president of the Federal Republic of Nigeria.

What is Nigeria known for?
Africa's giant, Nigeria is widely known for its petroleum production and exportation as a major source of the nation's economy accounting for about 95% of foreign exchange income and 70% of government revenue. This black nation remains the largest oil producer in Africa and the 12th largest producer in the world.


They are also known for entertainment. The nollywood industry features great actors and actresses and large movie circle over the years. Also the music and comedy side is really wonderful with comedians and artists gaining so much international influence.

Bangladeshi flag

8) Bangladesh
Population - 168,065,920

Bangladesh is the 8th most populated country in the world with population of over 168 million just after Nigeria. It is a South Asian country marked by lush greenery and many waterways.

Is Bangladesh a poor country?
According to the World Bank, Bangladesh's poverty rate fell from 82% in 1972, to 18.5% in 2010, to 13.8% in 2016, and below 9% in 2018,as measured by the percentage of people living below the international extreme poverty line

The country is loved for its lush green landscape and numerous waterways. One of the most known means of transport is by the use of boats. These are some amazing things that the country is famous for. Bangladesh is home to Cox's Bazar, the longest Sea beach in the world.

Who is the leader of Bangladesh?
Sheikh Hasina Wazed is a Bangladeshi politician serving as the 10th Prime Minister of Bangladesh since January 2009.

Read Also: Most expensive phones in the world

Russian flag

9) Russia
Population - 143,895,551

Russia has population of over 143 million people. The country is the ninth most populated country in the world. Russia borders European and Asian countries as well as the Pacific and Arctic oceans.




What is Russia known for?

Lets-travel-more gave little facts you would love about Russia.

  • Vodka was covered from the Russian word "voda" which means water. The Russians drink vodka like water.
  • The coldest place in the world is located in Russia. It is called Oymyakon.
  • Russia has a whopping eleven time zones. 
  • Russia is the fifth official language of the United Nations. 
the Mexican flag

10) Mexico 
Population - 132,328,035

Mexico rounds off the list. It has population of over 132 people. It is a country between the US and central America. There are 31 states in Mexico as well as the capital city (Mexico City).

The most popular thing in Mexico?
The ancient city of Teotihuacan welcomed 4 million visitors in 2017. This is considered to be the most popular archaeological site in the country.

Read Also: These are the highest paid CEOs in Nigeria


Conclusion 
These are the countries with more population 
  • China 
  • India 
  • United States 
  • Indonesia 
  • Brazil 
  • Pakistan 
  • Nigeria 
  • Bangladesh 
  • Russia 
  • Mexico 

November 15, 2019

Top 11 Highest Paid CEOs in Nigeria 2020

Top 10 Highest Paid CEOs in Nigeria

There are lots of CEOs in Nigeria but some earn more than the imagined normal. Most have moved their companies since taking the office of Chief Executive Officer and this also led to huge increase in their income.

Huge fortunes are also made as a CEO of a company depending on how huge and relevant the company has become. These leaders earb hugely annually beyond unimaginable amounts even though most are not owners or founders of the company.

A lot of factors can affect this and we are willing to share all we can with you on this post on the highest paid CEOs in Nigeria.

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Kennedy Uzoka
Photo Credit - Nairametrics 

11) Kennedy Uzoka
Position - Group Managing Director, United Bank for Africa Plc
Earnings - N190 million

Kennedy Uzoka is the Group managing director / CEO of United Bank for Africa Plc. Kennedy Uzoka won the "Business Day's Bank CEO" of the year 2019 awards.

According to UBA group, Kennedy has been successful in pulling increased financial performances and appreciation of shareholders investment.

he has ensured massive investment in the digitalisation of the bank’s activities and processes, particularly the introduction of UBA’s chatbot, LEO which is the first of its kind by any financial institutions in Africa.

Following Uzoka’s appointment on August 1st, 2016, UBA’s customer deposit has grown by 19.4% to N2.49tn away from the four per cent crunch which had been recorded the previous year, while net loans improved from a 3.3 per cent loss position recorded in 2015, to N1.51tn, representing a huge incline by 45.2 per cent.

Jordi Borrut Bel
Photo Credit - marketingedge

10) Jordi Borrut Bel
Position - MD/CEO of Nigerian Breweries Plc
Earnings - N190 million

The tenth position for the highest paid CEO in Nigeria goes to the Managing Director of the Nigerian Breweries Plc, which is Nigeria no 1 brewer.

Nigerian Breweries Plc. engages in the brewing and marketing of Lager beer, Stout and non-alcoholic malt drinks and the bottling of the Schweppes range of soft drinks and Crush Orange. The company's product range includes Star, Gulder, Legend Extra Stout, Maltina and Malta.

Jordi Borrut Bel was appointed as the new Managing Director / CEO of Nigeria Breweries Plc in 2017. The appointment took effect from January 22nd 2018. At then he was the managing director of Heineken's subsidiary in Burundi, Brarudi S.A and a board member of Bralerwa limited, Rwanda.

Read Also: Top richest pastors in Nigeria

Akin Akinfemiwa

9) Akin Akinfemiwa
Position - Group CEO, Forte Oil Plc
Earnings - N191 million

The group CEO of Forte Oil Plc has reported earnings of N191 million. Mr. Akinfemiwa is one of the most important and recognisable corporate personalities both within and outside Nigeria.

According to Nairametrics, Akin Akinfemiwa was an Executive Assistant to the Deputy Managing Director/Chief Operating Officer at Oando for a year. Between 2003 and 2006, he served as a Products and Derivatives Trader at Oando Supply and Trading Limited.

Mr. Akinfemiwa studied at Nigeria’s premier university, the University of Ibadan, graduating in 1995 with a degree in Mechanical Engineering. Later, in the year 2000, he graduated with a Master’s in Business Administration (MBA in Information Technology) from the Hull Business School of the University of Lincolnshire and Humberside.

He is also an alumnus of the University of Oxford, having studied at the Saïd Business School.

in 2018, the prospects of a good financial year report abound because Forte Oil’s Q3 report shows revenue at N94 billion, as against N68 billion in Q3 2017, and a profit after tax of N9.1 billion, compared to N5 billion in Q3 2017.

Mauricio Alarcon

8) Mauricio Alarcon
Position - CEO / Managing Director Nestle Nigeria Plc
Earnings - N210 million

Mauricio Alarcon is the CEO of Nestle Nigeria Plc. He has earnings worth N210 million. Really huge!. He is from Mexico and was born in 1973. Mauricio studied Engineering Manufacturing and Management in the Manchester University between 1992 and 1997.

He was the Area Sales manager for North Mexico in 1999. On July 2000, he got promoted to the role of Senior Brand Manger after eleven months as Area Sales Manager.

Aside his work in Mexico, in 2004, he moved to Nestle Switzerland and became the Marketing Advisor until May 2005. Between May 2005 and January 2014, Mr Alarcon was appointed to key positions in Nestle’s ice cream business in places such as Switzerland, Australia, and Egypt.

He gained the position as the Chief Executive Officer of Nestle Nigeria Plc on October 1st, 2016. Prior to this, he worked for Nestle Cote d'ivoire as country manager and also the managing director of Nestle Atlantic Cluster.

At the end of the 2017 financial year, Nestle Nigeria reported an impressive performance. Revenue had increased from N181 billion in 2016 to N244 billion in 2017. In the same vein, profit after tax jumped from N7.9 billion in 2016 to N33.7 billion.

the company’s recently released third quarter 2018 financial report shows that revenue increased from N185 billion in 2017 to N203 billion in 2018. This represents a 9.72% increase year on year. Profit after tax also rose from N22.9 billion in 2017 to N33.1 billion in 2018, representing a 44.5% increase year on year.

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Yaw Nsarkoh

7) Yaw Nsarkoh
Position - Managing Director, Unilever Nigeria Plc
Earnings - N330 million

Mr. Nsarkoh, Managing Director at Unilever Nigeria Plc, took home a total package of ₦330million in 2018 a 50.6 percent increase from what he earned in 2017.

He has also served as a Strategic Assistant to Unilever’s President for Asia, Africa, Central and Eastern Europe. Other top positions he has occupied at the company include African Regional Brand Manager, Production Manager for Unilever Ghana etc.

Mr Nsarkoh holds an Honors Degree in Chemical Engineering from the University of Science and Technology, Kumasi, Ghana, and a Post Graduate Diploma in Management from Henley Management College, Henley -on- Thames, United Kingdom.

Segun Agbaje
Photo Credit - entrepreneurs

6) Segun Agbaje
Position - CEO, GTB Bank Plc
Earnings - N384 million

Segun Agbaje has an annual salary of N384 million as of 2018 and should be higher in 2019 as compared to N224 million he earned in 2017. He has over 19 years of banking experience.

According to Wikipedia, Awards he has won as the Managing Director includes Best Bank in Nigeria by Euromoney; African Bank of the Year by African Banker Award; Best Bank in Nigeria by World Finance UK; Most innovative Bank by EMEA Finance; Best Banking Group by World Business Leader Magazine and Best Bank in Nigeria award by the Banker Awards.

Segun Agbaje attended St Gregory’s College, Obalende Lagos State and St Augustine Academy, Kent for his secondary education then proceeded to University of San Francisco in America where he gained both a BSc in Accountancy and a master's degree in Business Administration.

Joseph Makoju
Photo Credit - Thisdaylive 

5) Joseph Makoju
Position - Group CEO, Dangote Cement Plc
Earnings - N429 million

Engineer Joseph Makoju is currently the Group CEO of Dangote cement Plc. He assumed this position on October, 2009 and has retained it till date.

Joseph Makoju served as Special Adviser (Electric Power) to the President Goodluck Jonathan of Nigeria under two separate administrations. He is now Honorary Adviser on Electric Power to the current President/Commander-in-Chief, Federal Republic of Nigeria.

He graduated from University of Nottingham, UK in 1972 with First Class Honour earning BSc in Mechanical Engineering; and M.Phil. Mechanical Engineering in 1974 from the same University.

He also holds an honorary Doctor of Science in Engineering degree from the Federal University of Agriculture, Makurdi.

According to Punch, Dangote Cement Plc is to open export facilities in Lagos and Port Harcourt and attract $700 million foreign exchange into the Nigerian economy.

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Baker Magunda
Photo Credit - Guinness-nigeria

4) Baker Magunda
Position - CEO, Guinness Nigeria Plc
Earnings - N461 million

Baker Magunda earned an annual salary of ₦461 million in 2018, up from ₦186 million paid to the previous CEO in 2017. Magunda joined Guinness Nigeria from Diageo in May 2018.

According to Guinness Nigeria, Baker gained his first degree in Economics at Makerere University in Uganda and Makerere University Business School. He also attended IESE and Strathmore Business Schools for postgraduate studies in Business and Leadership.

He started his career in Sales and Marketing at Coca-Cola Sabco in 1991. He was made Head of Sales in 1996 before joining Diageo in 1999. At Diageo, he served in several marketing roles before becoming Managing Director for Diageo’s businesses in Uganda, Kenya, Cameroon.

Baker Magunda before becoming a member of the Guinness Nigeria, was the Managing Director of Diageo Ethiopia and the Indian Market oceans.

Augustine Ojunekwu Avuru
Photo Credit - Nairametrics 

3) Augustine Ojunekwu Avuru
Position - MD/CEO Seplat Plc
Earnings - N483 million

Augustine Ojunekwu Avuru holds the third position of the highest paid CEOs in Nigeria. He is the Chief Executive Officer of Seplat Plc and assumed the office on May 2010.

Avuru earned a compensation totaling ₦483 million in 2018, an increase from ₦476 million which he earned in 2017.

From Blerf, prior to his position as the CEO of Seplat Plc, an oil exploration company, he worked at NNPC starting as a youth corper. After much spent years at NNPC, he moved Kase Lawal's Allied Energy Resources and worked for ten years as exploration manager and General manager, technical.

He is one of Nigeria’s most accomplished businessmen and an inspiration to thousands of aspiring entrepreneurs hoping to someday translate value into wealth.

Read Also: See the most expensive phones in the world


Adewale Tinubu
Photo Credit - Twitter 

2) Adewale Tinubu
Position - Group CEO, Oando Plc
Earnings - N568 million

Adewale Tinubu is the group CEO of Oando Plc. Oando Plc is Africa's leading indigenous energy solutions provider listed on the Nigerian and Johannesburg stock exchange.

In 2010, Wale won the Africa’s ‘Business Leader of the Year’ award by the African Business Magazine and the Commonwealth Business Council on the basis of his contributions to the development of the African Oil and Gas industry.

In 2011, he was awarded the ‘African Business Leader of the Year’ by Africa Investor. He obtained a Bachelor of Laws (LLB) from the University of Liverpool, England in 1988 and Masters of Law (LLM) from the London School of Economics, United Kingdom, in 1989 where he specialised in International Finance and Shipping.

In 2007, he was named a Global Young Leader by the World Economic Forum, Geneva, in recognition of his achievements as one of the leading executives under 41.

Ferdinand Moolman


1) Ferdinand Moolman
Position - CEO, MTN Nigeria
Earnings - N571 million

Ferdinand Moolman is the CEO of MTN Nigeria, Nigeria's biggest non-oil foreign direct investment.

Moolman rose to the position of CEO on December 1, 2015 after the telecommunication giant made several appointments to review its operating structure with a view to strengthening operational oversight, leadership, governance and regulatory compliance across its 22 country operations in Africa and the Middle East.

His appointment as CEO came after the company was slammed a $5.2 billion fine by the Telecommunication’s regulatory body, the Nigerian Communications Commission (NCC) for failing to meet a deadline to disconnect unregistered users from its network. The fine was however reduced to about $1billion after several talks and negotiation between both parties.

Under the leadership of Moolman, MTN Nigeria completed the payment of the fines. MTN Nigeria got a successful listing on the Nigerian Stock Exchange, Data revenue rose to over $500 million annually and more.

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Conclusion
We've rounded up the list of the highest paid CEOs in Nigeria. They helped their companies severally to get higher, huger and increase in revenue annually.