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Nigerian billionaire Abdulsamad Rabiu hits $19B: How he became Africa’s 2nd richest man overnight

Posted by caleburbanus96@gmail.com May 9, 2026


Nigerian billionaire Abdulsamad Rabiu overtakes Johann Rupert with a $19B net worth. Discover how BUA Foods fuelled his record-breaking $8.8B wealth surge.

BUA Group Chairman Abdulsamad Rabiu and Aliko Dangote sharing a candid conversation on a sofa, representing Nigeria's top two billionaires.


BUA Group Chairman Abdulsamad Rabiu and Aliko Dangote sharing a candid conversation on a sofa, representing Nigeria’s top two billionaires.

Here is how billionaire Abdulsamad Rabiu makes his money


Abdulsamad Rabiu

Portrait of South African billionaire Johann Rupert, Chairman of Richemont, currently ranked as the third-richest man in Africa.


Portrait of South African billionaire Johann Rupert, Chairman of Richemont, currently ranked as the third-richest man in Africa.



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