Rabiu adds $4 billion to net worth amid industrial expansion

Billionaires Africa | 24.03.2026 05:18
Nigerian billionaire Abdul Samad Rabiu has experienced a massive surge in his personal fortune during the first quarter of 2026. The founder and chairman of BUA Group increased his net worth by $4.47 billion, bringing his total valuation to $14.6 billion according to the Bloomberg Billionaires Index. The rise in wealth has propelled him to 197th among the world's richest individuals and the third wealthiest person on the African continent.