Three African billionaires defy global economic challenges with increase in net worth
Three African billionaires managed to buck the trend.
Abdul Samad Rabiu
Nigeria’s richest men, Dangote, Rabiu invest $1 billion in sugar production
The investments were made as part of the Nigeria Sugar Master Plan.
Nigeria’s second-richest man supports higher education with $12.3-million donation
Rabiu’s grant will provide a much-needed boost to higher education in Nigeria.
NDLEA receives $1.1-million grant from Abdul Samad Rabiu to combat drug abuse in Nigeria
Rabiu said the grant was made in recognition of the many successes of the NDLEA.
Nigeria’s second-richest billionaire Abdul Samad Rabiu’s net worth surpasses $8.1 billion
Rabiu is Nigeria’s second-richest man and one of the African continent’s wealthiest businessmen.
Nigerian billionaire Abdul Samad Rabiu’s net worth surges to record high of $7.3 billion
The surge solidifies his position as Nigeria’s second-richest man.
Nigerian billionaire Abdul Samad Rabiu’s cement firm pays workers $10.7 million in salary in 9M 2022
Rabiu derives the majority of his fortune from his 92-percent stake in BUA Cement.
Nigeria’s second-richest man Abdul Samad Rabiu sees net worth surpass $7 billion
Rabiu’s net worth increased from $5.6 billion to $7 billion in less than a month.
Nigerian billionaire Abdul Samad Rabiu, others raise $2.2 million for flood victims
Rabiu’s participation in the fundraising comes after he established the $23.8-million Nigeria Security Support Fund.
Abdul Samad Rabiu to construct $2.3-million ICT hub at Nigerian university
ASR Africa is a nonprofit foundation founded by Rabiu in April 2021.
Nigerian billionaire Abdul Samad Rabiu’s food business posts $156.5 million in profit in 9M 2022
Rabiu and his son own 99.8 percent of BUA Foods.
Nigerian billionaire Abdul Samad Rabiu’s BUA Cement posts $168.4 million in profit in 9M 2022
Rabiu derives the majority of his fortune from his 92-percent stake in BUA Cement.
Abdul Samad Rabiu overtakes Mike Adenuga to reemerge as Nigeria’s second-richest billionaire
Rabiu’s net worth has recently risen above $5.6 billion.
Nigerian billionaire Abdul Samad Rabiu gains nearly $1 billion in 27 days as BUA Cement shares rebound
Rabiu derives the majority of his fortune from his 92-percent stake in BUA Cement.
Billionaire Abdul Samad Rabiu to build $2.3-million amphitheater building in Nigerian university
Rabiu is the chairman of BUA Group.
Nigerian billionaires Abdul Samad Rabiu, Tony Elumelu, others, receive national honors
The men have played seminal roles in the development of Nigeria’s economy.