Just In: Another Entrepreneur joins Dangote, Adenuga, Otedola and others on the top billionaires list.

 

For so many years, names like Aliko Dangote, Femi Otedola, Mike Adenuga, and others, have dominated Forbes list of Nigeria most wealthy men. But as a new face among the privileged appears, things are changing.

The world of business has taken notice of this fast rising entrepreneur, who has made waves into the top billionaires list, and everyone is curious to find out about this rising giant.

Forbes has acknowledged the remarkable net worth of $1.7billion of Nigerian billionaire entrepreneur Ogulesi Adebayo,solidifying his position as one of the richest men in the country.

With this achievements, Adebayo becomes the fifth richest man in Nigeria, and adding to the expanding list of top Africa's wealthy men who a becoming known worldwide.

Following an earlier analysis by Bloomberg just about eight months ago,that highlighted Ogulesi's sudden extraordinary rise among African Billionaires, Forbe's recent evaluation represents a significant change. The Enormous success of Global Infrastructure Partners (GIP), the gigantic private equity firm that he co-founded, has been part of the major reasons for his sudden pump of wealth.

A massive agreement with blackrock that was completed in January and has swept the financial industry off it's feet. The partnership of Blackrock-Gip, which is valued at an astounding sum of $12.5billion, has not only changed the face of infrastructure investment but also strengthened Ogulesi's standing as a powerful player in the world financial scene.

Ogulesi is unquestionably the fifth richest person in Nigeria, only surpassed by business mogul's like Dangote, Abdul Samad Rabiu, and Femi Otedola. His ascent ushers in a new era for Africa's growing financial power on the international scene as well as for Nigeria.