12 Nigerian business moguls/entrepreneurs have made Forbes' 2013 list of the 50 richest people in Africa. Business magnate, Aliko Dangote tops the list for the third consecutive year with a fortune of $20.8 billion. Forbes' criteria include rising stock prices, new business deals, and new moguls and assets.

(1) Aliko Dangote – $20.8 billion,

(2) Mike Adenuga – $4.6 billion,

(3) Folorunsho Alakija – $2.5 billion

(4) Abdulsamad Rabiu – $1.2billion

(5) Jim Ovia – $900 Million

(6) Theophilus Danjuma – $700 million

(7) Oba Otudeko – $575 million

(8) Hakeem Bello Osagie – $550 million (9) Mohammed Indimi – $550 million

(10) Sani Bello – $500 million

(11) Femi Otedola $410 million

(12) Tunde Folawiyo – $400Million