Abdul Samad Rabiu is now Africa's third richest person with a significantly increased net worth
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Abdul Samad Rabiu, who is already the second wealthiest person in Nigeria, has surpassed South African billionaire Nicky Oppenheimer in terms of net worth, now ranking as the third richest individual in Africa with a net worth of over $8.6 billion. This impressive achievement is the result of his net worth increasing by over $3.7 billion in the past year, rising from $4.9 billion to its current value.

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As of now, Rabiu trails only Aliko Dangote, another Nigerian billionaire, and Johann Rupert, a South African billionaire, in terms of wealth in Africa. However, with his net worth experiencing a considerable increase over the last three months, he has solidified his position as the third richest person in Africa.

It is worth noting that Nicky Oppenheimer's primary source of wealth is his family’s diamond mining company, De Beers, and he currently has a net worth of $8.4 billion as of the time of writing.

For more details on Abdul Samad Rabiu's impressive rise in wealth, see the images below.