Top 10 richest people in the world

 The Top 10 Richest People in the World (2026): Latest Rankings and Net Worth

Name Net Worth (2026) Source of Wealth

1. Elon Musk $1.1T Tesla, SpaceX

2. Larry Page $294B Google (Alphabet)

3. Sergey Brin $271B Google (Alphabet)

4. Jeff Bezos $249B Amazon, Blue Origin, Prometheus

5. Larry Ellison $231B Oracle

6. Michael Dell $225B Dell Technologies

7. Mark Zuckerberg $194B Meta (Facebook, Instagram)

8. Jensen Huang $177B Nvidia

9. Bernard Arnault & Family $161B LVMH

10. Amancio Ortega $145B Inditex (Zara)

1. Elon Musk | $1.1 Trillion

Elon Musk is the richest person in the world in 2026 and the world’s first trillionaire, with a net worth of $1.1 trillion.

Musk reached this historic milestone on June 12, 2026, after SpaceX IPO at a valuation approaching $2 trillion. As the company’s largest shareholder, Musk benefited enormously from the listing, which transformed his fortune overnight.

The merger of xAI and SpaceX further accelerated his wealth growth, creating one of the world’s most valuable private technology ecosystems worth $1.25 trillion.

2. Larry Page | $294 Billion

Larry Page is the second-richest person in the world with a net worth of $294 billion.

Larry co-founded Google in 1998 with Sergey Brin while they were both PhD students at Stanford. The search engine they built together has since become the most-visited website in the world and the foundation of a $2 trillion tech empire.

Page served as Google’s first CEO, then as CEO of its parent company Alphabet from 2015. He stepped back from day-to-day leadership in 2019 but retains an approximate 6% ownership stake in Alphabet and still holds significant voting power.

Beyond Google, Page has invested heavily in flying cars and clean energy through his venture fund, Playground Global. His portfolio grew significantly in early 2026 as Alphabet’s market capitalization expanded to $4.27 trillion, driven by the commercial scaling of its Gemini large language models across search and cloud computing markets.

3. Sergey Brin | $271 Billion

Sergey Brin holds the distinction of being the third-richest person in the world and only the third individual in global history to cross the $250 billion threshold.

Born in Moscow and raised in the United States after his family emigrated, Sergey Brin developed the PageRank algorithm alongside Page, the mathematical formula that made Google’s search engine work far better than anything else at the time.

Like Larry Page, he stepped down from active leadership of Alphabet in 2019, and his net worth remains tied to an estimated 5.7% equity stake in the company. His capital growth accelerated into 2026 as Alphabet recorded record-breaking quarterly revenue expansions.

Brin’s position among the list of the top 10 richest people in the world 2026 demonstrates the long-term rewards of founding transformative technology companies.

The United States is reducing its military support for Europe

The United States is reducing its military support for Europe out of concern over a direct escalation with Russia, while simultaneously increasing political pressure on European governments, The Economist writes in an article examining how NATO is preparing to defend its eastern flank as Washington steps back from its traditional role as the alliance's primary security guarantor.

According to the magazine, some members of President Donald Trump's administration have suggested that the United States might not defend the Baltic states in the event of a Russian attack.

Washington is also reportedly concerned that deploying NATO missiles in Europe capable of striking deep into Russian territory could further escalate tensions with Moscow.

> "Some members of the Trump administration have indicated they would not defend the Baltic states and have expressed concern about the risk of escalation if NATO deploys missiles capable of striking deep inside Russia," The Economist writes.

The magazine argues that Europe's growing challenge is no longer limited to a reduction in the American military presence but also includes the domestic political direction of the Trump administration.

According to The Economist, Washington is effectively destabilizing European politics by supporting far-right movements and deepening its disagreements with longstanding European allies.

> "The more anti-European America becomes, the more Russia will be tempted to test NATO, and the harder it will be for Europeans to mount a united response," the article states.

The magazine argues that Moscow does not necessarily need to launch a full-scale invasion of NATO territory. A more likely and dangerous scenario would involve limited, ambiguous actions such as provocations, sabotage, drone attacks, border incidents, or operations without clear attribution.

Such actions could expose divisions within the alliance over whether an incident qualifies as an attack under NATO commitments and how members should respond.

One example of the changing U.S. approach is the planned deployment of Tomahawk missiles in Germany.

In July 2024, Washington and Berlin announced that beginning in 2026 the United States would periodically deploy long-range weapons systems in Germany, including SM-6 missiles, Tomahawk cruise missiles, and a future hypersonic weapon. At the time, the move was presented as a demonstration of America's commitment to NATO and European defense.

That plan is now in doubt. According to Politico, as cited by Anadolu Agency, the United States is considering canceling the deployment of Tomahawk missiles to Germany, partly because of concerns that Russia would view the move as a provocation.

The report also cited reduced U.S. missile stockpiles following the conflict with Iran and President Trump's decision to withdraw 5,000 American troops from Germany.

German officials have publicly stated that the deployment has not been formally canceled. Berlin does not consider the plan abandoned but acknowledges that uncertainty surrounding the U.S. decision is already pushing European countries to develop their own long-range strike capabilities.

Another example reflecting the same broader trend is U.S. restrictions on foreign access to Anthropic's newest artificial intelligence models. On June 12, U.S. authorities required the company to restrict access to the Fable 5 and Mythos 5 models for foreign nationals over national security concerns. Anthropic temporarily disabled access for all users because it could not verify customers' citizenship in real time. The restrictions were later lifted after additional security measures were implemented.

Against this backdrop, NATO has been emphasizing efforts to strengthen its eastern flank.

According to official alliance data, NATO currently has nine multinational battlegroups stationed in Bulgaria, Estonia, Finland, Hungary, Latvia, Lithuania, Poland, Romania, and Slovakia.

Top 10 African Countries With The Richest Natural Resources in 2026

Africa is sitting on gold. Literally.  

These 10 countries control some of the biggest natural resources on earth, and they power industries worldwide.

1. Nigeria*

*Resources*: Crude Oil, Natural Gas, Limestone  

*Uses*: Fuel, electricity, cooking gas, cement production. Nigeria is Africa’s biggest oil + gas producer.

2. Democratic Republic of Congo - DRC*

*Resources*: Cobalt, Copper, Diamonds, Gold  

*Uses*: Cobalt powers your phone + EV batteries. Copper for wiring. DRC supplies over 70% of the world’s cobalt.

3. South Africa*

*Resources*: Gold, Platinum, Coal, Diamonds  

*Uses*: Jewelry, car catalytic converters, electricity generation. Has the world’s largest platinum reserves.

4. Algeria*

*Resources*: Natural Gas, Crude Oil  

*Uses*: Export to Europe for electricity and heating. One of Africa’s top gas exporters.

5. Angola*

*Resources*: Crude Oil, Diamonds  

*Uses*: Oil for fuel and export revenue. Diamonds for jewelry and industrial cutting tools.

6. Zambia*

*Resources*: Copper, Cobalt, Zinc  

*Uses*: Copper for electronics and construction. "Africa’s copper basket" powers global tech.

7. Ghana*

*Resources*: Gold, Cocoa, Oil  

*Uses*: Gold for jewelry + reserves. Cocoa for chocolate worldwide. Oil for fuel and exports.

8. Libya*

*Resources*: Crude Oil, Natural Gas  

*Uses*: Has Africa’s largest proven oil reserves. Mainly used for export and fuel.

9. Morocco*

*Resources*: Phosphate Rock  

*Uses*: Makes fertilizer. Morocco controls ∼70% of the world’s phosphate reserves. Feeds global agriculture.

10. Botswana*

*Resources*: Diamonds, Coal, Copper  

*Uses*: Diamonds for jewelry and revenue. Coal for power plants. Mining drives most of the economy.

Most of these resources are *exported raw*. The real money is in processing them locally.  

That’s why countries like Nigeria are now pushing "gas to power" and "local refining" instead of just selling crude.

`Which country did I miss? Comment the resource your country is known for 👇`

One Suspect Arrested As Ondo Police

One Suspect Arrested As Ondo Police Hunt Robbery Gang Over Killing Of Akure Resident

One Suspect Arrested As Ondo Police Hunt Robbery Gang Over Killing Of Akure Resident

July 5, 2026

News

According to the police, the attack was reported at about 3:30 a.m. by a resident of Shagari identified as Oluwatoyin, who said he had heard a gunshot around 1:00 a.m. from a neighbouring residence before hearing a familiar voice crying out for help.

 

The Ondo State Police Command has arrested one suspect and launched a manhunt for other members of an armed robbery gang over the killing of a resident, Clement Idris, during an attack in the Shagari area of Akure.

How to monetize Facebook page

How to Monetize a Facebook Page*

*1. Meet Monetization Requirements*

Check `Professional Dashboard > Monetization`. Common requirements:

- *In-stream Ads*: 10k followers + 600k minutes watched in 60 days

- *Reels Ads*: 5k followers + 60k minutes Reels watch time

- *Stars/Subscriptions*: 500 followers

- *No policy violations*

*2. 8 Ways to Make Money*

*1. In-Stream Ads* 

Place ads in videos 3+ minutes long. Paid per 1000 views.

*2. Reels Ads + Bonus* 

Post short 15-90s videos. Earn from ads + performance bonuses.

*3. Stars* 

Fans send Stars during Lives. 1 Star = $0.01. Go Live for Q&As, tutorials, talk shows.

*4. Brand Deals / Sponsored Posts* 

Businesses pay you to promote their product/service. This is the highest earner for most pages.

*5. Affiliate Marketing* 

Share product links from Jumia, Konga, Amazon, etc. Earn commission per sale.

*6. Sell Products/Services* 

Sell physical products, digital products, courses, consulting, or services directly through your page.

*7. Subscriptions* 

Fans pay monthly for exclusive content, groups, or early access.

*8. Facebook Shop + Marketplace* 

List and sell products directly on your page.

*3. 30-Day Growth Plan*

*Week 1-2*: Post 1 Reel + 1 photo/video daily. Focus on 1 niche.  

*Week 3*: Go Live 2x weekly. Engage every comment.  

*Week 4*: Pitch 10 brands. Launch 1 paid product/service.

*4. Rules to Avoid Demonetization*

1. Post original content. No watermarks from other apps.

2. No clickbait or misinformation.

3. No reused copyrighted music/video.

4. Engage fast. Reply comments within 1 hour.

*Import & Export with Small Capital in Nigeria.

 *Import & Export with Small Capital in Nigeria – Complete Starter Guide* 🇳🇬

You don’t need ₦10 million to start. People start with ₦200k - ₦500k and scale. The key is: start small, 1 product, 1 country.

### *STEP 1: PICK YOUR MODEL – Don’t Import Everything*

With small capital, you have 3 best options:

Model Capital Needed Risk Example

**1. Micro Import** ₦200k - ₦800k Low Import phone accessories, cosmetics, fashion from China/Turkey and sell on WhatsApp/Jumia

**2. Export Agent** ₦50k - ₦200k Very Low Connect Nigerian farmers to foreign buyers. You take commission

**3. Drop-shipping Import** ₦0 - ₦100k Lowest Take orders first, collect payment, then import. No warehouse

Best for beginners: *Micro Import* or *Export Agent*

### *STEP 2: CHOOSE 1 PRODUCT TO START*

Rule: Don’t sell 20 things. Sell 1 thing that solves a problem.

*Good Import Products from China/Turkey/Dubai with small capital:*

1. Phone accessories: earbuds, screen protectors, phone cases

2. Beauty: hair products, perfumes, skincare 

3. Kitchen gadgets: air fryers, blenders

4. Fashion: Ankara bags, wristwatches, jewelry

*Good Export Products from Nigeria:*

1. Shea butter, ginger, sesame seeds, hibiscus to UK/USA

2. Crafts, Ankara fabric, beads to USA/Canada

3. Processed food: pepper soup spice, dried fish

Pick something light + high demand + not fragile.

### *STEP 3: LEGAL & DOCUMENTS YOU NEED*

You can start small without all, but get these ASAP:

1. *CAC Business Registration* – ₦30k - ₦50k. Makes you legit for banks and suppliers.

2. *Corporate Bank Account* – For dollar payments.

3. *TIN – Tax ID* from FIRS – Free

4. *SCUML Certificate* – If you’ll be doing above ₦1m. Free from EFCC.

5. *NEPC Registration* – Only if you want to export. ₦18k. Gives you export incentives.

### *STEP 4: HOW TO IMPORT WITH SMALL CAPITAL*

*Option A: China 1688/Alibaba – Most Popular*

1. *Find supplier*: Use http://Alibaba.com, http://1688.com, or agents in Alaba/Computer Village who consolidate.

2. *Order*: Start with 1 carton. MOQ is usually 50-100 pieces. Cost: ₦200k - ₦400k including shipping.

3. *Shipping*: Use freight forwarders like MallforAfrica, Herovator, DHL. Sea cargo is cheaper but takes 45 days. Air takes 10 days.

4. *Clearing*: Pay customs + duty at Apapa port or airport. Agent can do it for ₦50k-₦100k.

*Pro Tip*: Join a "consolidation" group. 10 people share 1 container to cut shipping cost.

### *STEP 5: HOW TO EXPORT WITH SMALL CAPITAL*

This is actually easier to start.

1. *Find product*: Talk to farmers in Benue, Kaduna, Ogun. E.g: Dried ginger ₦1,200/kg

2. *Find buyer*: Use Alibaba, Go4WorldBusiness, LinkedIn, or NEPC trade fairs. Buyers in UK, USA, Canada pay in dollars.

3. *Packaging*: NEPC has free packaging standards. Product must be NAFDAC approved if it’s food.

4. *Logistics*: Use DHL, FedEx, or cargo companies. They handle documents.

5. *Payment*: Ask buyer to pay 50% upfront to your domiciliary account before shipping.

You make money from the margin. Buy at ₦1,200/kg, sell at $6/kg = ₦9,000/kg

### *STEP 6: SELL & MARKET*

Don’t wait for goods to land before selling.

1. *WhatsApp/Instagram/TikTok*: Post videos of the product. "Pre-order: Airfryer landing in 3 weeks"

2. *Jumia/Konga*: List as seller

3. *Sky View*: List yourself as vendor for Ekpoma/AAU 😊

4. *Word of mouth*: Tell 10 people. They’ll tell 10 people.

### *STEP 7: MONEY & RISK MANAGEMENT*

1. *Start with ₦300k max* for your first shipment. Test the market.

2. *Never pay 100% upfront to supplier*. Use Alibaba Trade Assurance or pay 30%.

3. *Budget for hidden costs*: Shipping 30%, Duty 10%, Clearing 5%, Waste 5%

4. *Track everything* in Excel: Cost price, Shipping, Selling price, Profit.

### *3 BIG MISTAKES TO AVOID*

1. *Importing without checking demand* – Don’t import 100 pieces because it’s cheap. Import 20 and test.

2. *Using random agents* – Verify freight forwarders. Many scam people.

3. *Mixing personal and business money* – Open a separate account.

### *Your First 30-Day Action Plan*

*Week 1:* Pick 1 product. Register CAC. Join 3 supplier groups on WhatsApp/Telegram

*Week 2:* Contact 5 suppliers. Get quotes. Calculate total landed cost

*Week 3:* Collect pre-orders from friends/family/IG. Take 50% deposit

*Week 4:* Place order + arrange shipping

---

*Capital Breakdown Example for ₦400k:*

- Goods: ₦200,000

- Shipping + Duty: ₦120,000 

- Clearing + Misc: ₦50,000

- Marketing: ₦30,000

- *Total: ₦400,000* 

Expected profit if you sell well: ₦150k - ₦250k

Which one do you want me to break down first: Import or Export*? 

WhatsApp+2348169506194

US Scales Back Troops in Nigeria After Joint Operation Kills Senior ISIS Leader

 AFRICOM said African governments must lead security operations while the United States provides specialized capabilities.

Commander of U.S. Africa Command (AFRICOM) Air Force Gen. Dagvin Anderson (R) shakes hands with Commander of U.S. Central Command (CENTCOM) Navy Adm. Brad Cooper (L) as they conclude their testimony before the Senate Armed Services Committee in the Dirksen Senate Office Building on Capitol Hill in Washington on May 14, 2026. The full committee heard testimony on "The Posture of the U.S. Central Command and U.S. Africa Command in Review of the Defense Authorization Request for FY2027 and the Future Years Defense Program." Win 

The United States has withdrawn most of the military personnel it sent to Nigeria for a joint counterterrorism operation after the mission helped kill one of the Islamic State group’s most senior global leaders.

The commander of U.S. Africa Command (AFRICOM), Gen. Dagvin R.M. Anderson, said on July 3 that the remaining U.S. role is focused on intelligence sharing requested by the Nigerian government.

Speaking during a State Department Africa Regional Media Hub briefing from Luanda, Angola, Anderson said the approach reflects Washington’s goal of supporting African-led security operations rather than maintaining a large military presence.

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“We have withdrawn much of our forces that were just there for that operation, but are continuing the partnership that Nigeria has asked for to help continue with the intelligence sharing,” Anderson said.

He added that “only bringing unique U.S. capabilities” allows Nigerian forces to remain in the lead while pursuing terrorist targets.

The operation followed a joint U.S.–Nigerian military campaign in northeastern Nigeria in May that killed Abu-Bilal al-Minuki, whom U.S. officials identified as the second-in-command of ISIS worldwide.

Nigeria Poverty Rate Hits 63% in 2025 Despite Inflation Easing — World Bank

Nigeria Poverty Rate Hits 63% in 2025 Despite Inflation Easing — World Bank 

Poverty in Nigeria rose to 63% in 2025 even as inflation slowed significantly, highlighting weak transmission of macroeconomic improvements to household welfare, according to a new report by the World Bank.

The development was contained in the World Bank’s Nigeria Development Update released in Abuja on Tuesday, titled “Nigeria’s Tomorrow Must Start Today: The Case for Early Childhood Development.”

The report showed a steady increase in poverty rates, rising from 56% in 2023 to 61% in 2024, before reaching 63% in 2025. This translates to roughly 140 million people living below the poverty line.

The World Bank noted that the worsening poverty trend occurred despite a sharp decline in inflation over the same period.

Data referenced in the report indicated that Nigeria’s headline inflation fell from 34.8% in December 2024 to 15.15% in December 2025, while food inflation dropped from 39.84% to 10.84%.

Despite easing price pressures, the World Bank said household incomes have not grown fast enough to offset earlier inflation shocks that eroded purchasing power.

It explained that the slowdown in inflation has not yet translated into improved living standards, as many households are still recovering from previous price surges.

The report also pointed to global shocks, including geopolitical tensions in the Middle East, which contributed to higher food, energy, and transport costs, worsening pressure on low-income households.

Beyond inflation, the report highlighted structural weaknesses in Nigeria’s economy as key constraints to poverty reduction.

It noted that growth has been concentrated in services and industry, while agriculture—where more than half of poor Nigerians are employed—has lagged behind.

This imbalance, the bank said, has limited income growth among vulnerable populations and slowed the impact of overall economic growth on poverty reduction.

The World Bank projected that poverty levels may begin to decline gradually from 2026 as inflation continues to ease and macroeconomic conditions stabilise.

It forecast that the poverty rate could fall to about 59% by 2028, driven mainly by lower food inflation and moderate economic growth. However, it warned that progress would likely remain slow due to weak job creation, low agricultural productivity, and persistent inequality.

Speaking at the report’s launch in Abuja, a World Bank economist said sustained inflation reduction and more inclusive growth are essential to improving living standards in Nigeria.

The institution also emphasised the importance of investing in early childhood development, describing it as a critical foundation for long-term productivity and poverty reduction.

Government representatives at the event reiterated ongoing efforts to expand investment-led growth and strengthen social safety nets aimed at cushioning vulnerable households from rising living costs.

And things are getting worst everyday