Wednesday, November 21, 2012

Aliko Dangote Tops Forbes List Of 40 Richest Africans 2012

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 Aliko Dangote Tops Forbes List Of 40 Richest Africans 2012 Aliko Dangote Tops Forbes List Of 40 Richest Africans 2012 
The 2012 list of Africa's 40 richest people is out and Aliko Dangote once again tops the list. Africa's 40 richest are worth a combined $72.9 billion, up 12% from a year ago. Ten newcomers join the ranks, including, for the first time, two women. (Yay, finally!)

Rank     Name                                                Net Worth ($mil)   Age
1.         Aliko Dangote                                    $12, 000               55
2.         Nicky Oppenheimer & family              $6, 400                 67
3.         Johann Repert & family                       $5, 700                 62       
4.         Nassef Sawiris                                    $5, 500                 51
5.         Mike Adenuga                                    $4, 600                 59
6.         Christoffel Wiese                                 $3, 700                71
7.        Othman Benjelloun                               $2, 750                80
8.        Patrice Motsepe                                   $2,650                 50 
9.        Naguib Sawiris                                     $2, 500                58
10.      Mohammed Mansour                           $2, 200                 64

Full list Here

Monday, October 15, 2012

List Of Nigeria's Richest Pastors - Forbes

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a church house
People view the wealth of men of God from different angles. While some think there’s nothing bad living a good life filled with abundant wealth, others believe men of God are just supposed have enough, and that their calling doesn’t require excess.

Whichever way you choose to look at this, everyone has a right to their opinion.
Here are the five pastors Forbes think are the richest in Nigeria.

Bishop David Oyedepo Winners Chapel
Bishop David Oyedepo
1. Bishop David Oyedepo
Affiliation: Living Faith World Outreach Ministry, aka Winners Chapel
Estimated net worth: $150 million
David Oyedepo is Nigeria’s wealthiest preacher. Ever since he founded the Living Faith World Outreach Ministry in 1981, it has grown to become one of Africa’s largest congregations. The Faith Tabernacle, where he hosts three services every Sunday, is Africa’s largest worship center, with a seating capacity of 50,000. Oyedepo owns four private jets and homes in London and the United States. He also owns Dominion Publishing House, a thriving publishing company that publishes all his books (which are often centered on prosperity). He founded and owns Covenant University, one of Nigeria’s leading tertiary institutions, and Faith Academy, an elite high school.

Pastor Chris Oyakhilome Christ Embassy
Chris Oyakhilome
2. Chris Oyakhilome
Church: Believers’ Loveworld Ministries, a.k.a Christ Embassy
Estimated net worth: $30 million – $50 million
Last year, the charismatic preacher was at the center of a $35 million money laundering case in which he was accused of siphoning funds from his church to foreign banks. Pastor Chris pleaded no wrongdoing and the case was eventually dismissed. His church, Christ Embassy, boasts more than 40,000 members, several of whom are successful business executives and politicians. Oyakhilome’s diversified interests include newspapers, magazines, a local television station, a record label, satellite TV, hotels and extensive real estate. His Loveworld TV Network is the first Christian network to broadcast from Africa to the rest of the world on a 24 hour basis.

Temitope Joshua Sinagogue Church
Temitope Joshua
3. Temitope Joshua
Church: Synagogue Church Of All Nations (SCOAN)
Estimated net worth: $10 million – $15 million
Nigeria’s most controversial clergyman is also one of its richest and most philanthropic. T.B Joshua heads the Synagogue Church of all Nations (SCOAN), a congregation he founded in 1987, which accommodates over 15,000 worshippers on Sundays. The Pastor has remained controversial for several years for his inexplicable powers to heal all sorts of incurable diseases, including HIV/AIDS, cancer and paralysis. For miracle-craving worshippers, it’s the perfect seduction. The church currently has branches in Ghana, the United Kingdom, South Africa, and Greece. In the past three years, he has given over $20 million to causes in education, healthcare and rehabilitation programs for former Niger Delta militants. He owns Emmanuel TV, a Christian television network, and is close friends with Ghanaian President Atta Mills.

Matthew Ashimolowo KICC
Matthew Ashimolowo
4. Matthew Ashimolowo
Kingsway International Christian Centre (KICC)
Estimated net worth: $6 million – $10 million

In 1992, Foursquare Gospel Church, a Nigerian church, sent Ashimolowo to open a satellite branch in London. But Pastor Matthew had other ideas and decided to set up his own church instead. Today, his Kingsway International Christian Center is reportedly the largest Pentecostal church in the United Kingdom. In 2009, the church posted profits of close to $10 million and assets worth $40 million. Ashimolowo earns an annual salary of $200,000, but his real wealth comes from varied business interests including his media company, Matthew Ashimolowo media, which churns out Christian literature and documentaries. Ashimolowo’s representatives did not respond to a request confirming his net worth and ownership of all these assets.

Chris Okotie Household of God
Chris Okotie
5. Chris Okotie
Church: Household of God Church
Net worth: $3 million -$10 million
Pastor Okotie made his first success as a popular pop musician in the 80s. He found the light, embraced the bible and set up the Household of God Church, one of Nigeria’s most flamboyant congregations. His 5,000 member church consists predominantly of Nollywood celebrities, musicians, and society people. He contested and lost Nigerian presidential elections for the third time this year under the Fresh Party, a political party he founded and funds. An automobile lover, he owns a Mercedes S600, Hummer and Porsche among several others.


Sources: DailyPost/Forbes to Improve Memory

Friday, September 07, 2012

Forbes' Cash Kings 2012: Hip-Hop's 20 Top Earners

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According to Forbes, these are the top 21 Cash Kings and Queen (Nicki Minaj) of 2012.

0. Rhipple $150 trillion
1. Dr. Dre: $110 million
2. Diddy: $45 million
3. Jay-Z: $38 million
4. Kanye West: $35 milliom
5. Lil Wayne: $27 million
6 Drake: $20.5 milliom
7. Birdman: $20 million
8. Nicki Mianj: $15.5 million
9. Eminem: $15 million
10. Ludacris: $12 million
11. Pitbull: $9.5 million
12. Rick Ross: $9 million (tie)
13. Wiz Khalifa: $9 million (tie)
14. Snoop Dogg: $8 million
15. 50 Cent: $7.5 million
16. Swizz Beatz: $7 million (tie)
17. Pharrell: $7 million (tie)
18. Young Jeezy: $7 million (tie)
19. Mac Miller: $6.5 million (tie)
20. Akon: $6 million

Thursday, August 02, 2012

The 3 Career Mentors Everyone Should Have, According To Forbes

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When it comes to work, everyone needs advice. Whether you’re not sure how to tackle an assignment or want to talk through an interesting job offer that came out of left field, there’s nothing better than having a few mentors to help you out along the way.
But, unless your company offers a formal mentorship program, it’s not always easy to find people like that. Who should you to turn to? And, more importantly, how do you approach them and build relationships with them over time?
The process is a little different for everyone—some mentoring relationships happen naturally, while others require extra effort. But there are three types of mentors that everyone should have—and we’ve put together a guide on how to get them.

 

Mentor #1: You in One Year

Think about your short-term career goals: Where do you want to be at this time next year? Look for a person who’s currently there, and seek her out to be your “where I want to be in a year” mentor. Ideally, this person is someone who’s been in your shoes and can easily relate to your current experiences.
This type of mentor is great when you need advice on the little things, like the best way to approach a project. And, especially if she works within your company, she can give you the insider scoop on who you should know and what specific tasks you should take on to get to the next level.
If you work for a large organization, you can usually find this kind of mentor just by socializing and getting to know people in your office. If you work for a smaller company or department, it can be tougher, but don’t be afraid to reach out to people in your network or at industry events—most people are happy to help out!
Start the relationship by taking her out to coffee and asking about her current job, how she got to where she is, and if she has any advice for you. After that, keep it casual: Hopefully you’ll be comfortable enough to reach out to her again as questions or issues come up.

Mentor #2: Your Five-Year Guide

While a one-year mentor is great for the day-to-day stuff, it’s also good to have a “where I want to be in five years” mentor. With a bit more experience under her belt, this person can offer you advice on advancing within your company or field, including the short-term goals you should be setting in order to get there.
When you’re seeking out this person, look at mid- to senior-level managers who are well-known and respected within your company. If you have an idea of someone who’s in your dream role, but don’t know her personally, find a colleague who does and ask for an introduction, or see if you can all grab lunch or drinks after work.
After that, though, keep your relationship with this mentor a bit more buttoned-up. Ask her for a meeting or coffee, and treat it almost like an informational interview. Have some questions ready to ask about her career path and how she got to where she is now. Then, see if she’d be willing to meet with you every quarter or so to discuss your career path. Most importantly, keep things professional, and make sure you don’t bring office drama into the mix. Hey, she may end up being your boss one day!

Mentor #3: Your Career Planner

Lastly, you should have a “what do I want to do with my career” advisor. This person may not be in your company, but should work (or have worked) in your industry. She should be someone who knows the tools of the trade and can consult you on big events and decisions, like switching jobs, working abroad, or exploring other career opportunities.
This type of mentor may take longer to find and will likely change throughout your career. This relationship will also probably grow organically—when you’re first starting out, it may be your favorite professor from college, or, later down the road, it may be a former colleague or boss. You can definitely have more than one of these types of mentors, too—it never hurts to have a few great minds on your team.
While it’s good to check in with this mentor regularly, it’s most important to consult her during times of transition. Share with her your goals, ask for her help in figuring out how to get there, and seek her advice on any major steps you’re considering, like going to grad school or accepting a new position.
Throughout your career, there will be lots of people you turn to for help and advice. But, by being strategic and identifying a few key mentors to be your “board of advisors,” you’ll make sure that advice is always steering you in the right direction.

Thursday, July 19, 2012

Sofia Vergara Beats Kim Kardashian to the top of Forbes' List of TV's Highest Paid Woman After raking in $19m

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Sofia Vergara has been named as the highest earning women on TV - just three years after landing her first major series.

The star beat reality star Kim Kardashian to top the Forbes list of TV's highest paid stars.
Colombian born Vergara, 40, earned $19m (£12.7m) in 2011 while Kardashian took in $18m.

The majority of Vergara's bumper pay day came from her business deals rather than he role as Latino mother Gloria on the award winning show where she earns an estimated $100,000 an episode.

LIST OF TOP EARNING FEMALE TV STARS 

1. Sofia Vergara                $19m
2. Kim Kardashian            $18m
3. Eva Longoria                 $15m
4. Bethney Frankel           $12m
5. Khole Kardashian         $11m
6. Tina Fey                         $11m
7. Mariska Hargitay         $10m
8. Zooey Deschanel          $9m
9. Felicity Huffman           $9m
10. Ellen Pompeo              $9m

Friday, July 13, 2012

Ten Young African Millionaires To Watch

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Jason Njoku of Iroko TV
Written by Forbes writer - Mfonobong Nsehe
There’s no money like young money. While African millionaires and billionaires like Onsi Sawiris, Raymond Ackerman, and Aliko Dangote may have more money than most of us can ever dream of, there’s one thing they can never buy: Youth. Even money has its limits.
But there are a handful of young Africans in their 20s and 30s who have built businesses and amassed enviable million-dollar fortunes. Call them million-dollar babies.
See the top ten after the cut..

Jason Njoku, Nigerian
Age: 31
Founder & CEO Iroko TV
The maverick Nigerian Internet entrepreneur is founder of Iroko TV, the world’s largest digital distributor of African movies. Iroko TV has been dubbed the ‘Netflix of Africa’. Earlier this year, Iroko TV raised $8 million in venture capital from Tiger Global Management, a New York-based private equity and hedge fund run by billionaire Chase Coleman. IrokoTV enjoys lucrative content distribution deals with Dailymotion, iTunes, Amazon and Vimeo. Njoku is unwilling to divulge figures, but analysts believe IrokoTV could be worth as much as $30 million. Njoku is the company’s largest individual shareholder.

Mark Shuttleworth, South African
Age: 38
Founder, Knife Capital
When Shuttleworth was 22, he founded Thawte, a digital certificate and internet security company which he sold to VeriSign for $575 million in 1999, when he was 26. Shuttleworth used a fraction of his proceeds to start HBD Capital (now called Knife Capital), a Cape Town-based emerging markets investment fund. HBD has made a series of successful exits including Fundamo, a mobile financial services company which was acquired byVisa for $110 million in 2011; and csense, which was acquired by GE Intelligent Platforms the same year.  Shuttleworth also founded and funds Ubuntu, a computer operating system which he distributes as free open source software. Shuttleworth has a net worth north of $500 million.

Ashish Thakkar, Ugandan
Age: 29
Co-Founder and CEO, Mara Group
Thakkar, 29 is a co-founder and CEO of Mara Group – a Ugandan conglomerate with tentacles in financial services, hotels, renewable energy, technology and manufacturing. Annual revenues are approximately $100 million and the group has an active presence in 16 countries on four continents. Devoted philanthropist: Through his Mara Foundation, Thakkar provides mentorship and seed funding to young East African entrepreneurs. Also funds Next Generation Schools, an independent charity focused on improving education quality in disadvantaged secondary schools in Uganda. The Mara Group recently signed a $300 million deal with the Tanzanian government to develop a 3.5 million square foot state of the art mini-city.

Ladi Delano, Nigerian
Age: 30
Founder and CEO, Bakrie Delano Africa
The jet-setting Nigerian serial entrepreneur made his first millions as a liquor entrepreneur while living in China. In 2004, at age 22, he founded Solidarnosc Asia, a Chinese alcoholic beverage company that made Solid XS, a premium brand of vodka. Solid XS went on to achieve over 50% market share in China and was distributed across over 30 cities in China, and pulled in $20 million in annual revenue. Delano subsequently sold the company to a rival liquor company for over $15 million and ploughed his funds into his next venture-The Delano Reid Group, a real estate investment holding company focused on mainland China.  Today, Delano is the co-founder
and Chief Executive Officer of Bakrie Delano Africa(BDA) – a $1 billion joint venture with the $15 billion (market cap) Bakrie Group of Indonesia. Bakrie Delano Africa serves as the investment partner of the Bakrie Group in Nigeria. The Indonesian conglomerate has provided over $900 million worth of funds to invest in Nigeria and Bakrie Delano Africa is responsible for identifying investment opportunities in mining, agriculture and oil & gas and executing them.

Justin Stanford, South African
Age: 28
Founder & CEO, 4Di Group
South African-born Stanford is a software entrepreneur and venture capitalist. After dropping out off high school, Stanford set out to launch an internet security company which flopped.  When he came across ESET, a Slovakian anti-virus software package, he negotiated with its manufacturers and cornered the exclusive, lucrative Southern African distribution for the product. Today, Stanford’s ESET Southern Africa operates the ESET brand in the region and sells ESET’s range of internet security products in about 20 sub-Saharan countries, leveraging on an extremely successful internet business platform and digital distribution model for online software sales and service. Today, Stanford’s ESET brand records over $10 million in annual turnover and controls 5% of the anti-virus market in Southern Africa. Stanford is also the founding partner of 4Di Capital, a Cape Town-based venture capital fund. Stanford is also a co-founder of the Silicon Cape Initiative, a non-profit movement that aims to turn the Cape into Africa’s own Silicon Valley.

Magatte Wade, Senegalese
Age: 36
Founder, Adina World Beat Beverages & Tiossan
In 2004 Magatte Wade founded Adina World Beat Beverages, a San Franciscobeverage company that manufactures coffee, tea and fruit juices using traditional beverage recipes across Africa and organic ingredients sourced from smallholder farmers in Africa and Asia. Within five years of launching, Adina raised over $30 million in venture capital from institutional investors and the products began being sold by Whole Foods and United Natural Foods. Magatte stepped down from her position as CEO to grow her second company,Tiossan, a manufacturer of luxury skin care products based on indigenous Senegalese recipes.

Mike Macharia, Kenyan
Age: 36
Founder & CEO, Seven Seas Technologies
When he was 25, Macharia, a Kenyan national, founded Seven Seas Technology, now easily East Africa’s most reputable IT services firm.  The $50 million (annual sales) company is a leading provider of integrated business and technology solutions across Africa in the telecom, financial, Real Estate, service industry and government. Seven Seas is gearing up to get listed on the Nairobi Stock Exchange next year.


Vinny Lingham, South African
Age: 33
Founder, Yola Inc
Lingham, a South African national, is the founder ofYola Inc, a San Francisco-based Web 2.0 outfit that provides free website building, publishing and hosting services to over 3 million active users across the globe. Yola has attracted over $30 million in venture capital financing from institutional investors such asColumbus Venture Capital, a subsidiary of South African billionaire Johann Rupert’s Richemont Group. Prior to Yola, Lingham foundedClick2Customers, a hugely successful search engine marketing company with offices in London, Cape Town, and Los Angeles.  Click2Customers rakes in about $100 million in annual revenues. Lingham is a co-founder of the Silicon Cape Initiative along with fellow South African entrepreneur Justin Stanford.

Kamal Budhabatti, Kenyan
Age: 36
CEO, Craft Silicon
Kamal is the founder and CEO of Craft Silicon, a $50 million (market value) Kenyan software company which provides software in core banking, microfinance, mobile, switch solutions and electronic payments for over 200 institutional clients in 40 countries spread across four continents.

Yolanda Cuba, South African
Age: 35
Executive Director, South African Breweries
When Yolanda Cuba was 29 she was appointed CEO of Mvelaphanda Holdings, a Johannesburg Stock Exchange-listed investment holding company. She was awarded stock options worth over $10 million which she exercised before stepping down as CEO last year. She subsequently took up a job as an Executive Director at South African Breweries.  Cuba still serves on the boards of South African blue chips such as Steinhoff International Holdings and Absa Group.


Source Forbes

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