NewStats: 3,261,524 , 8,174,249 topics. Date: Thursday, 29 May 2025 at 01:51 PM 1o2o2t6z3e3g |
Mike Adenuga Net Worth Hits $7.4 Billion, Becomes Nigeria’s Second Richest (20835 Views)
Rostikol: 10:19pm On Jan 11, 2024 |
Wainey: Spare me that BIG ENGLISH WESTERNISED CRAP of being a 'philanthropist' with a 'foundation'. Stupid invented by greedy, selfish white bastards to throw pennies at their poor, is not what I'm talking about. 2 Likes |
curfew: 10:20pm On Jan 11, 2024 |
Tinubu is working - for some people though.
4 Likes |
LegendHero(m): 10:24pm On Jan 11, 2024 |
Rostikol: So what exactly are you talking about? 1 Like |
Rostikol: 10:35pm On Jan 11, 2024 |
LegendHero: I'm talking about if you are worth 7 billion dollars, you should be looking to spend a minimum 3 billion dollars on public works. Nigeria is a poor country of 230 million people with an annual budget of just 35 billion dollars. I just don't see how I can in good conscience be worth 7 billion dollars in such a country and not be looking to spend AT LEAST 3 billion dollars on public works, but instead setting up some 'foundation' that might spend 50 to a 100 million dollars if that. It's bullshiit. UnAfrican. They learnt that selfishness from westerners. 2 Likes 1 Share |
LegendHero(m): 10:41pm On Jan 11, 2024 |
Rostikol: How can you spend $3 billion when your net worth is $7billion, no billionaire in the world will do that except if he willfully donate his wealth to charity. Do you know what is called net worth? It’s not all usually held in raw cash. Mike Adenuga have been a philanthropist for over 2decades now and have been doing several outreach. Even in the FG tax break scheme, his company have been constructing roads and etc. I understand your argument tho, these rich men should be building roads, bridges, housing, and etc for poor people BUT we cannot in good faith teach people on how to spend their money. I during Covid period they donated billions too. 14 Likes |
LegendHero(m): 11:31pm On Jan 11, 2024 |
Magicbitterkola: I think he died in 2020. 2 Likes |
Notasyouthink: 11:57pm On Jan 11, 2024 |
muykem:He is one rich man in the midst of millions of hungry peasants. Talking about drugs, tienubu and the late widow below comes to mind ![]() ![]() ![]()
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Notasyouthink: 12:06am On Jan 12, 2024 |
ILoveNG:Yeah he is just a billionaire surrounded by hungry people. |
zomby(m): 12:07am On Jan 12, 2024 |
LegendHero: The truth is, Adenuga is richer than Dangote. Believe it or not, Dangote knows this and in fact he has also stated it a few times. You will never know exactly how much Mike Adenuga worth; the man is known to keep things down…if you know you know, he doesn’t care amount the noise or the glory. Furthermore, the profits from the refinery will be shared accordingly, and the heavy debts/ fraudulent activities from the refinery must also be paid back in full. Don’t be surprised if you don’t hear much from Dangote for the next few years, as Nigeria is being led by a man that clearly understands how things are done…Severely incompetent Buhari is no longer in charge. 3 Likes |
Gboss247(m): 12:21am On Jan 12, 2024 |
SoNature:Comparing Davido with Adenuga is off point, because artiste/celebrities have a tradition of show off while normal businessmen live a simple life. 10 Likes |
Gboss247(m): 12:41am On Jan 12, 2024 |
Rostikol:The issue is that you don't understand the meaning of networth and are mistaking for bank . Networth is simply assets minus liabilities, assets are your investment where liabilities are debts. For example, you need a capital of N500,000 to stock your shop and borrowed N300,000 to add with the N200,000 that you have which makes it N500,000 capital required. Now, networths is assets-liabilities which is investment capital-debts, where investment is N500,000 minus N300,000 debts gives N200,000 networths. Then, N200,000/N1,000(official rates)=$200 networth. NB: The interest rate on the loan was excluded from the calculation. 5 Likes 1 Share |
NGArmyTerrorist: 12:49am On Jan 12, 2024 |
Stop stealing from us, go fix Glo network.
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Ibadanpikin: 1:35am On Jan 12, 2024 |
LegendHero:Only Anambra rich men donate to there communities without looking back.Arthur Eze gave the state about 5 billion naira. 1 Like |
LegendHero(m): 2:34am On Jan 12, 2024 |
Ibadanpikin: We are talking about true billionaire you’re brining nonsense Athur Eze. Philanthropic activities that Adenuga has done, Arthur can’t dream of it. 15 Likes 4 Shares |
zomby(m): 3:53am On Jan 12, 2024 |
NGArmyTerrorist: You sound like a loser! May God forgive me.. 2 Likes |
zomby(m): 3:55am On Jan 12, 2024 |
Ibadanpikin:We are talking about serious businessmen, you’re talking about a local bushman. What is wrong with you? You guys are simply not blessed with sense. 15 Likes 4 Shares |
zomby(m): 3:59am On Jan 12, 2024 |
SoNature: Are you ok? You are comparing a 30 yr old entertainer to a 70 yr old serious businessman, who has never worked for anyone before…and has been a wealthy person since his early 20s. Common on dude, go and take your medication. You sound ridiculous! 5 Likes 1 Share |
Difrent: 5:00am On Jan 12, 2024 |
kettykin: The whole world is bleeding 2 Likes |
Difrent: 5:11am On Jan 12, 2024 |
Rostikol: You are assuming He owns all the money |
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