A billionaire is a
person with a net worth of at least one billion (1,000,000,000) units of a
given currency. According to the 2014 Forbes special report on the world
almanac of wealth, there are 1,645 billionaires spread across the globe – more
than ever before – all together worth some $6.4 trillion, an 18.5% increase
from 2013. Furthermore, the United States is home to 492 of the world’s
wealthiest, followed by China with 152 and Russia with 111.
Interestingly,
Africa is blessed with 11 billionaires – one of whom is Business tycoon Aliko
Dangote. Nigerian Entertainment Today’s investigation shows that apart from the
reported N500 million worth of investments injected into the Nigerian
entertainment industry by several companies opening up a market for
entertainers and others in the allied sectors – there are a few billionaires,
who have spent huge fortunes that have contributed to the fast growing
entertainment industry. These Nigerian billionaires have stamped their
settlement in the industry in ways that include giving out endorsement deals,
floating entertainment outfits and or spending fortunes on the
practitioners....
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