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Hot Fm Ghana > News > Richard Nii-Armah Quaye, Ibrahim Mahama missing from Forbes 2025 billionaires list
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Richard Nii-Armah Quaye, Ibrahim Mahama missing from Forbes 2025 billionaires list

Reagan Mends
By Reagan Mends
Published: April 2, 2025
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Forbes has released its 39th annual World’s Billionaires list, marking a record-breaking year for global wealth. Notable Ghanaian billionaires can’t be spotted anywhere close.
Elon Musk reclaimed the top spot with a staggering $342 billion fortune, driven by the rising valuations of xAI, SpaceX, and Tesla.
Mark Zuckerberg follows at No. 2 with $216 billion, while Jeff Bezos, Larry Ellison, and Bernard Arnault complete the top five.
A record 15 individuals now hold 12-figure fortunes, highlighting the increasing concentration of wealth among the ultra-rich.
Meanwhile, African billionaires collectively surpassed $100 billion for the first time, reflecting economic growth despite ongoing political and financial challenges.
Nigeria’s Aliko Dangote remains Africa’s richest person for the 14th consecutive year, with his net worth soaring to $23.9 billion, mainly due to his long-delayed refinery becoming operational.
South Africa’s Johann Rupert follows with $14 billion, while Nigerian businessman Femi Otedola saw a 40% rise in his fortune.

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