Forbes has unveiled its 2024 ForbesBLK 50 list, celebrating the achievements of the wealthiest and most influential Black Americans. Among the honorees are three Nigerians—Adebayo Ogunlesi, Tope Awotona, and Wemimo Abbey—whose groundbreaking contributions and entrepreneurial successes have earned them places…
Nvidia CEO Jensen Huang saw his net worth soar by $4.8 billion on Wednesday, thanks to a 4.29% rise in the company’s stock price. Nvidia (NVDA), the world’s leading maker of graphics processing units (GPUs), rallied despite concerns about increasing…
On Monday night, Nigerian forward Ademola Lookman etched his name into African football history, claiming the prestigious CAF African Footballer of the Year award at the star-studded 2024 CAF Awards in Marrakech, Morocco. Lookman, 27, emerged as the continent’s standout player after a stellar…
Tyme Group, the Singapore-headquartered digital banking group backed by South African billionaire Patrice Motsepe, has officially become Africa’s 9th unicorn after raising $250 million in its Series D funding round. The capital injection propelled the fintech’s valuation to $1.5 billion,…
Zhang Yiming, founder of ByteDance and architect behind TikTok and Douyin, has ascended to the top of China’s wealth ladder for the first time, securing the number-one position on the Hurun China Rich List for 2024. With a record net…
Nigerian billionaire and philanthropist, Femi Otedola, has announced a donation of N3.7 billion towards the construction of a new building for the Engineering Faculty at Augustine University, Ilara Epe. The announcement was made during the university’s 6th convocation ceremony, where…
Aliko Dangote, Africa’s richest man, has seen his wealth more than double to $28 billion following the long-awaited opening of his Nigerian oil refinery, according to the Bloomberg Billionaires Index. The refinery is the world’s largest single-train facility, capable of…
Sarath Ratanavadi, Thailand’s wealthiest individual, has seen his fortune surge to over $16 billion following a significant rise in the value of his energy and telecommunications holdings. Over the past three months, the 59-year-old billionaire’s net worth has increased by…
David Steward, founder and chairman of World Wide Technology (WWT), has been named the wealthiest Black person in America, according to Forbes’ 2024 list of the wealthiest Americans. Steward’s fortune reached a record-breaking $11.4 billion this year, a substantial rise from…
Meta founder, Mark Zuckerberg has crossed a mile stone to join Elon Musk, Jeff Bezos to have a networth of $200 billion. Zuckerberg not only joins this elite group but stands out as the biggest gainer in 2024, adding a…