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richest Africans | Zikoko!
  • A Nollywood Guide to Understanding Old and New Money

    A Nollywood Guide to Understanding Old and New Money

    Nigerians on X were caught up on drawing the most hilarious scenarios from the old money, new money conversation throughout last week. But is a topic even worth discussing if it hasn’t made for premium Nollywood home video content?

    A Nollywood Guide to Understanding Old and New Money

    If you still don’t have a full grasp of the topic, these Nollywood productions will make clear the difference between old and new money.

    The Wedding Party | Old Money

    Obianuju Onwuka (Ireti Doyle) describing Dunni Coker (Adesua Etomi), daughter of wealthy business tycoons, as a “native house girl from Ekiti state” is all the explanation you need as to why it isn’t just about the cash for old money folks. Do you have pedigree?

    Living in Bondage | New Money

    New money is fast, loud and noisy. When you show up, you have to show off. You can only get their attention when you pull up to a  family meeting or casual get-together in a Ferrari, Porsche 911 Carrera or Lexus GX, just like in this movie.

    Bling Lagosians | Old Money

    Old money folks don’t care if you wear designers. The question is, are you wearing the latest season? In Bling Lagosians, friends drag Mopelola Holloway for wearing Ituen Basi of three seasons ago. God, abeg.

    Simi, No Forget | Old Money

    Marriage is a big deal for old-money folks. If you plan to marry one of them, prepare to answer questions like: “Who are your parents?” and “What is your pedigree?”

    Chief Daddy |Old Money

    There’s always a great-granddaddy or grandaddy who has every member of the family set up for life with his will, like Chief Beecroft in Chief Daddy. Are you beginning to get the picture? Old money folks don’t even have to work; they do it for the sake of it.

    King of Boys |New Money

    New money folks of today are the old money folks of tomorrow, which is why politics is important to them. New money parents are either running for office, sponsoring a political party or setting their wards up for a political appointment. In Alhaja Eniola Salami’s (Sola Sobowale) case, she wanted to run for governor but was outsmarted.

    Blood Sisters | New Money

    It’s hard, and I mean extremely hard, to marry into old money, but folks can occasionally get lucky with new money. Mind you, if it happens, new money parents will make it crystal clear they don’t give a fuck about you or your family. Just like in the dining scene, where Uduak Ademola (Kate Henshaw) shows no regard for her potential in-laws. 

    Here’s your chance to network with old money and new folks at Zikoko’s upcoming meat festival.

    Sign up here to be notified when ticket sales begin.

  • The Coldest, Most Expensive Neckpieces of Afrobeats

    The Coldest, Most Expensive Neckpieces of Afrobeats

    “Ice on my neck, Ice on my wrist you know,” is the catchiest lyric in Skiibii’s 2019 single, “Daz How Stars Do”. On the surface, the track embodies the beauty of Afrobeats catchy lyrics and infectious beats, but beneath it is also the genre’s affiliation with luxury and opulence. 

    The Coldest, Most Expensive Neckpieces of Afrobeats

    For most Afrobeats artists at the pinnacle of their careers,  a commissioned, expensive jewellery piece is an emblem of success. While neckpieces are also an investment for some; a secure way of tying down funds, for others, it’s all for the grandshow of it. 

    Here are the most expensive neckpieces in Afrobeats till date.

    Davido’s Timeless Piece by Kettle Brothers (2023)

    The Coldest, Most Expensive Neckpieces of Afrobeats

    The singer commissioned the piece to celebrate the success of his album, Timeless. The Cuban chain features an array of 350 Carats diamonds and weighs 1.5kg. According to the Kettle Brothers, the piece was “constructed with a 1-carat pear diamond above the pendant. 4 – 0.5ct pear diamonds in the centre. A 30-pointer boarder for ‘30 Billion Gang’, as well as a 30-pointer boarder around the hourglass. ‘30BG’ across the bespoke Cuban chain. ‘30BG’ Baguette cut display.” 

    It’s reportedly worth ₦557 million.

    Rema’s The Ornament of Ravery by A Jewellers (2023)

    The Coldest, Most Expensive Neckpieces of Afrobeats

    Rema commissioned the exquisite piece to mark the groundbreaking success of his debut album, Rave and Roses. 

    This masterpiece is made with over one kilogram of solid gold, 60 carats of colourless diamonds, and nearly 90 carats of coloured diamonds. The pendant is modelled after a burning house on the Rave and Roses album cover. It’s reportedly worth over ₦200 million.

    Burna Boy’s Gambo piece by A Jewellers (2023)

    The Coldest, Most Expensive Neckpieces of Afrobeats

    The singer immortalised his late friend, Gabriel “Gambo”, by commissioning a piece in his honour. The pendant and Cuban chain features over 220 VVS diamonds and GIA-certified diamonds. During the 2022/2023 Champions League final in June, the singer caused a stir after taking off the piece and wearing it on famous footballer, Thierry Henry.

    Tiwa Savage’s African Bad Gyal piece by Boz Diamonds (2023)

    Tiwa Savage copped the expensive piece amid trending reports of an alleged kidnap attempt on her in April 2023. The custom piece, designed by Boz Jewellery, features VVS-certified diamond stones on an ABG pendant and necklace.

    Davido’s 001 piece by Benny Da Jeweller (2022)

    Davido’s 001 piece was the singer giving himself a pat on his back for selling out the O2 Arena venue in London for a second time. 

    The piece features large cuts of green diamonds that form the 001 pendant, a smaller-sized pendant in the Nigerian flag and a diamond-studded Cuban necklace.  It was delivered alongside a new Richard Mille wristwatch, and according to the jeweller, Davido coughed out $500k for it.

    Burna Boy’s ODG piece by A Jewellers (2022)

    What better way to reward oneself after a hugely successful year? Burna commissioned the  ODG piece in celebration of an amazing 2022. The piece, designed by A Jewellers, has over 100 GIA-certified diamonds and 300 VVS diamonds. The singer, via an Instagram post, said the piece is worth over $1m.

    Davido’s Frog Face Pendant by Icebox (2021)

    In 2021, Davido left fans shook after commissioning a frog face pendant. It was the singer’s way of taking a spin on the constant comparison of his voice to a frog’s. The diamond-studded piece reportedly cost him $150k.  

    Wizkid’s Jesus pieces by A-Jewellers (2021)

    The singer’s Jesus-themed pendant caused a stir on social media when he purchased it in 2021. Wizkid commissioned A Jewellers for the 60-carat diamond-studded pieces alongside diamond-studded Cuban necklaces. According to the jeweller, each piece cost about £300,000 bringing the total to £600,000.

    Tiwa Savage’s Savage pendant by Icebox (2021)

    The singer commissioned a customised Savage pendant with Icebox in 2021. The piece features VVS diamond cuts and reportedly cost over $100K.

    Davido’s Ifeanyi piece by Icebox

    Months after the birth of his first and now deceased son, Ifeanyi Adeleke, the 30BG crooner splashed a whopping ₦150 million on a pendant modelled after his face. The Icebox-designed pendant features white, blue and gold colour VVS-certified diamond stones.

    Your budget might not get you a diamond necklace but it’ll cover a ticket to our upcoming meat festival.

    Sign up here to be notified when ticket sales begin.

  • These Nigerians Made Forbes List Of Africa’s Richest Billionaires

    These Nigerians Made Forbes List Of Africa’s Richest Billionaires
    In these hard and difficult economic times, there are people that are thriving. Being a millionaire isn’t the in thing any longer. The value of the naira has depreciated too much for it to matter. You have to be a billionaire and in dollars for everyone to know that you have arrived.
    Forbes has compiled a list of the richest Africans and as usual, there are Nigerians repping us! These are the Nigerians on the list:

    1. Aliko Dangote

    Coming in first on the list is Aliko Dangote. Is anybody surprised? I mean seriously. I’m sure some of us are like “Can somebody please take over from this man?” But he’s a hustler and it’s paying off. He’s the founder of Dangote Cement, which is Africa’s largest cement-production company. He’s worth $14.4 billion.

    2. Mike Adenuga

    Second on the list is Mike Adenuga. He’s now worth $10 billion, which is $6 billion more than he was worth last year. This increase in his fortune is attributed to the increase in value of his telecom, oil and real estate holdings.

    3. Femi Otedola

    He’s number fourteen on the list. Otedola is the controlling shareholder of Forte Oil, an oil marketing and power generation company. He’s worth $1.85 billion.

    4. Folorunsho Alakija

    She’s the sixteenth on the list. She’s the vice chair of Famfa Oil, an oil exploration company that has a 60% participating interest in block OML 127, one of Nigeria’s largest deepwater discoveries. She’s the only female Nigerian billionaire and one of Africa’s richest female billionaires. She’s worth $1.55 billion.

    5. Abdulsamad Rabiu

    Coming in at number twenty-two is Abdulsamad Rabiu. He is the founder of BUA Group which includes: sugar refining, cement production, real estate, logistics and port operations. He’s worth $1.1 billion. [zkk_poll post=21633 poll=content_block_standard_format_7]