Rabiu is no longer ranked on the Bloomberg Billionaires Index of the 500 richest people in the world.
Abdul Samad Rabiu
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- West & Central Africa
Nigerian billionaire Abdul Samad Rabiu’s BUA Foods sustains efforts to make rice affordable
BUA Foods, under Rabiu, has maintained its dominant position in the Nigerian economy.
- West & Central Africa
Africa’s fourth-richest man Abdul Samad Rabiu’s net worth skyrockets by $1.6 billion
Rabiu’s net worth skyrockets by $1.6 billion, securing his position among Africa’s wealthiest people.
- West & Central Africa
Abdul Samad Rabiu’s net worth surpasses $8 billion with single-day gain of $501 million
With the latest surge of $501 million in his net worth, Rabiu’s year-to-date wealth gains have now reached $1.53 billion.
- West & Central Africa
Nigerian billionaire Abdul Samad Rabiu rockets to prominence on Bloomberg’s billionaires’ list
Rabiu joins Bloomberg’s billionaires’ list, showcasing Africa’s rising business leaders.
- West & Central Africa
Listed companies of Africa’s 3rd-richest billionaire report $146 million in profit over Q1 2023
Rabiu: Africa’s third-richest billionaire’s businesses thrive, generating $146.2 million profit in Q1 2023.
- West & Central Africa
Abdul Samad Rabiu becomes Africa’s third-richest man, ousting Nicky Oppenheimer
Rabiu’s net worth has surged to $8.6 billion, surpassing South African billionaire Nicky Oppenheimer.
- West & Central Africa
Abdul Samad Rabiu’s BUA Cement firm posts lower earnings; profits slump below $60 million
Rabiu derives the majority of his fortune from his 96-percent stake in BUA Cement.
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ASR Africa is a nonprofit foundation founded by Rabiu in April 2021.
- Hot News
Nigerian billionaire Abdulsamad Rabiu set to receive whopping $162-million dividend from BUA Foods
Rabiu is also anticipating another handsome dividend of $198 million from his shareholding in BUA Cement.