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Forbes magazine has released it's annual ranking of the worlds richest people. For the third time in three years, the world has a new richest man.

Mexican tycoon Carlo Slim Helu has beaten out... [more]


Today Forbes magazine will release its annual ranking of the world's richest billionaires. On last years list there were 6 black billionaires, how many will there be this year?

Last year Ethiopia's... [more]


There are 793 billionaires in the world according to Forbes magazine down from 1,125 a year ago. Black billionaires still make up less than one percent of the worlds total billionaire count.This year... [more]


Nigerian Billionaire Aliko Dangote's, Dangote Group has acquired a 45 percent stake in South Africa's Sephaku Cement for $378 million.


Nigeria's first billionaire hit the jackpot when his sugar-production company listed on the Nigerian stock exchange last year.


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