Despite The Recession Globacom Founder Mike Adenuga’s Net Worth Increased By $2.7Billion In 2016

Exactly half of Africa’s 20 billionaires got richer in 2016. The continent’s biggest gainer — in both dollar and percentage terms – is Nigerian oil and telecom tycoon Mike Adenuga, whose net worth increased $2.7 billion to $5.8 billion since December 31, 2015.

No other African billionaire added more than $1 billion to his or her net worth in the past year. Overall, the combined net worths of African billionaires decreased $3.1 billion in 2016.

The increase in Adenuga’s net worth is largely due to new information FORBES obtained in 2016 about the value of his assets. Adenuga owns Nigerian telecom company Globacom and Nigerian oil company Conoil Producing.

While Adenuga’s net worth has increased since the beginning of 2016, it has dropped significantly since March 2016, when FORBES valued his fortune at $10 billion on the 2016 Billionaires List.

Since then, his net worth has dropped $4.2 billion, due to the devaluation of the Nigerian Naira and the country’s struggling oil sector. Adenuga was the only Nigerian billionaires whose net worth increased this year. (Aliko Dangote, the richest Nigerian and Africa’s richest man, saw his fortune drop nearly 28% to $12.4 billion over the course of 2016.)

South African mining billionaire Patrice Motsepe and Egyptian billionaires Nassef Sawiris and Naguib Sawiris were the next biggest gainers in Africa, each adding $500 million to their fortunes over the year. Motsepe was also Africa’s second biggest percentage gainer; his net worth increased by 32% in 2016, bringing his fortune to $1.5 billion.

The stock price of Motsepe’s African Rainbow ARBJY +% Minerals has risen nearly 130% in the past year, following a steep decline in 2015.

Nassef Sawiris, the richest billionaire in Egypt with a fortune that FORBES pegs at $5.2 billion, runs one of the largest nitrogen fertilizer producers in the world, OCI, and also owns 7% of Adidas and nearly 5% of cement giant LafargeHolcim.

While OCI stock is down 27% over the past year, Adidas stock is up 58% and LafargeHolcim is up 7%, leading to the bump in his net worth. Egyptian telecom billionaire Naguib Sawiris, who has a $3.5 billion fortune announced that he was stepping down as CEO of Orascom Telecom Media & Technology in December 2016.

Egypt and South Africa were the only African countries where more than half of the country’s billionaires got richer in 2016. In both, four out of seven billionaires added to their wealth in the past year. In Nigeria, meanwhile, only one of four billionaires got richer this year.

Photos: Davido’s Baby Mama Sophia Momodu Flaunts Her Backside In Sexy Bikini

Sophie Momodu is starting 2017 with a bang! She shared pictures of her Bikini bod to start the new year.

See the picture below:

Man Gives His Wife The Silent Treatment, Goes For 20 Years Without Speaking To Her (Must See)

A Japanese man refused to talk to his wife for 20 years despite living in the same house as her.

Otou Yumi shared the home with his wife, Katayama, and their three children in Nara, southern Japan.

Katayama tried making conversation but only ever received a nod or a grunt in response, Mail Online reported.

The two-decade long silent treatment was revealed by the couple’s son Yoshiki, 18, who wrote to a TV show asking them to intervene.The show brought the pair together in the park where they had their first date, as their emotional children watched on.

‘Somehow it’s been a while since we talked.“You were so concerned about the kids,” her husband responds, adding. “Yumi up until now, you have endured a lot of hardship. I want you to know I’m grateful for everything.”

As their daughters are seen becoming emotional, Otou goes on to explain that he has been giving her the cold shoulder out of jealously for the attention lavished on the children.

“I was kind of … jealous. I was sulking about it. There’s no going back now I guess.”

Photos: 45years Old Nollywood Actress Judith Mazagwu Afrocandy Gets Her Backside Passionately Kissed By A Young Boy

Nigerian actress, and serial nudists Afrocandy, shares photos of a boy kissing her buttocks into 2017

“Happy New Year To My Enemies Who Fought Me And Lost So Badly” – Donald Trump Tweets

President-elect of the US, Donald Trump has published a New Year’s Eve message for all, including his haters, on Twitter.

I’m no expert, but this might be his pettiest tweet yet.

The message starts off with a stereotypically presidential tone. “Happy New Year to all,” he says. How nice, how magnanimous! But, of course, Trump doesn’t stop there.

 “Happy New Year to all, including to my many enemies and those who have fought me and lost so badly they just don’t know what to do. Love!” he writes, in what seems to be a jab at Hillary Clinton, his opponents in the Republican primary, and all those who worked to prevent him from ascending to power in 2016.

For many people, a new year represents an opportunity to start fresh, to forgive transgressions from the year past, and to resolve to be a better person. With Trump, though, it seems we can expect more of the same: overt attempts at mocking his dissenters and furthering the divide among citizens in the country he is soon to work for. Love!

“If I Don’t See A Husband In 2017, I’ll Steal Someone’s Own” – Lady Declares, Ahead Of Next Year

According to this nigerian girl, Joyce Uzondu who is from Orlu in Imo State,

“If I don’t see a husband in 2017, I’ll steal someone’s own,” lady declares, ahead of next year

She just made this PROPHETIC declaration

Photos: Nigerian Man Upgrades His Keke To Helicopter In Warri Delta State (Must See)

Tricycle upgraded into a helicopter in Warri, Delta State