Dwayne “The Rock” Johnson elbowed out reigning top-ranked Robert Downey Jr. to become the world’s highest-paid actor–and scored his biggest ever annual paycheck in the process.
Johnson’s $64.5 million payday more than doubled his 2015 earnings, making him this year’s biggest dollar gainer. The erstwhile wrestler’s millions and millions came from upfront fees for movies including Central Intelligence and Fast 8, as well as the forthcoming Baywatch in which he’s set to play Mitch Buchannon.
A staple of the Fast and Furious franchise, the stellar box office performance of his recent films (including 2015’s hit San Andreas) have seen his quotes skyrocket.
[Read more…] about The World’s Highest-Paid Actor 2016 | Dwayne “The Rock” Johnson Leads With $64.5 Million Per Year | Forbes
Since 2006, Jerry Seinfeld has seemed the insurmountable King of Comedy. His combined pretax earnings over the last 10 years top $900 million, and year after year he has claimed the top spot on our list of the world’s highest-paid comedians.
No longer: For the first time since FORBES started delving into the money of the funny business, someone other than Seinfeld has taken the title of the top-earning joker. Between June 2015 and June 2016, Kevin Hart made $87.5 million—over $30 million more than Seinfeld’s $43.5 million. That haul also earned Hart sixth place on the Celebrity 100, FORBES’ annual list of celebrity money-makers.
[Read more…] about The Highest-Paid Comedians 2016: Kevin Hart Dethrones Jerry Seinfeld As Cash King Of Comedy With $87.5 Million Payday | Forbes
According to the World Bank, Sub-Saharan Africa is projected to remain one of the fastest growing regions in the world.
While Africa’s economy is soaring past most regions with an annual growth of about 5% due mainly to increased agriculture production, infrastructure investment including transportation, ports and energy as well as buoyant services led by tourism, telecommunications and financial services, the continent’s middle class is expected to swell to approximately 300 million people.
Additionally, the World Bank projects private consumption in the region to remain strong in 2015-17; particularly with the continent’s burgeoning middle class looking to splurge on new passenger vehicles and for most, their first such purchase.
[Read more…] about Made In Africa: Three Automobiles Conceived, Designed And Manufactured In Africa | Forbes
Goldman Sachs has appointed Adebayo Ogunlesi, a Nigerian investment banker and private equity tycoon, to its board of directors, the company said in a press release on Monday.
Ogunlesi, 59, is the chairman of Global Infrastructure Partners (GIP), an infrastructure investment firm he co-founded.
Ogunlesi is popularly referred to as The Man Who Bought Gatwick Airport in African business circles – a reference to a 2010 deal in which he led GIP’s $2.4 billion acquisition of London’s Gatwick Airport. Ogunlesi also led the company’s acquisition of London City Airport and Edinburgh Airport in 2006 and 2012, respectively.
In a press statement, Goldman Sachs CEO Lloyd Blankfein said that Goldman Sachs’ shareholders will benefit from Adebayo’s “wealth of knowledge and rigorous thinking”. “He has advised companies and institutions around the world and invested in many of the most important sectors in the global economy,” Blankfein said.
[Read more…] about Goldman Sachs Appoints Adebayo Ogunlesi (Nigerian Banker) To Its Board | Forbes
You may not know many of their names now, but in 20 years’ time, they could be on the cover of FORBES AFRICA. Peruse them, argue over them and follow their journeys. We find this list exciting, thought provoking and forward looking. We hope you will too.
FORBES AFRICA spent months looking for the best this continent has to offer. Research coupled with nominations from our readers brought the number to 250 potential under 30s. We worked for weeks, verifying and investigating, to whittle it down. We favored entrepreneurs with fresh ideas and took into account their business size, location, potential, struggles and determination. A panel of judges then debated the final 30. The list is in no particular order.
[Read more…] about Africa’s Most Promising Entrepreneurs: Africa’s 30 Under 30 For 2016 | Forbes
Chatting with Simdul Shagaya (Harvard MBA Graduate) is like an intense, super-charged colloquy on doing business….in Africa. “We are the custodians of the dreams of the middle-class of Africa,” Shagaya emphasized repeatedly, as he talked about his fast-growing e-commerce company, Konga.com, that he founded just 2 years ago, July 2012.
With his ambitious goal of making Konga.com ’the engine of trade and commerce in Africa’, the e-tailer’s dynamic founder and CEO is betting big that Africa is poised to be the next frontier for online retail.
These startups were would eventually enable the Harvard M.B.A graduate to pioneer the online industry in Nigeria, particularly e-commerce retailing. “Konga, through hard work, innovation and an all-consuming desire to better the lives of this society through technology, leads the field in Nigeria today in Gross Merchandise Value (GMV),” said Shagaya, who also launched a sprawling e-commerce platform, Konga Marketplace in 2014 with the aim of becoming a provider of e-commerce infrastructure services for all e-commerce market participants.
[Read more…] about Sim Shagaya (Harvard Graduate): On Building The Next Big Thing, ‘Konga’, Africa’s Version Of Amazon/Alibaba | Forbes