Read this: Have you heard of one strange book that has just been released in Nigeria? Bryant Orjiako popularly known as ABC Orjiako had an interesting career path prior to becoming a billionaire. Listed below are the top 50 wealthiest people in Africa according to the data gather from Forbes. The United Nation. A man called Adolf Hitler Uunona who has been elected as a local councillor for Namibia's governing Swapo party. Top 20 Richest Men In Nigeria And Their Net Worth (2020) Aliko Dangote – Net worth $10.1 billion. He also freed Jaja Wachuku from detention by the Ojukwu government towards the end of the civil war. Aliko Dangote. He is alumnus of Harvard Business School and is well known to have introduced many innovations to the banking industry. These are the Mike Adenuga follows Africa's richest man Aliko Dangote Mike Adenuga maintains his position as the second richest man in Nigeria and third spot on the continent with a net worth of $9.6 billion. Aliko Dangote.Duke’s friend. Oba Otudeko has an estimated worth of $650 million. Related: THE RICHEST MAN IN NIGERIA, TOP 20 NIGERIAN BILLIONAIRE & NET WORTH; TOP 10 RICHEST ACTRESSES IN NIGERIA; Richest Musicians in Nigeria, Top 50 {Forbes Latest Ranking} RICHEST STATES IN NIGERIA TOP 20 TODAY; Top 10 Richest Families in The World Jim James Ovia Her oil company, Famfa Oil Limited was founded in 1993 is said to generate Folorunso Alakija at least $10 million daily in profit. 5. Ever questioned who is the richest man in Nigeria 2019, well, fortunately, Nigeria happens to be the most populated African country and rationally, we can settle that this reason is what differentiates the country as the largest economy in Africa. If this article on Top 50 Business Men in Nigeria, Their Net worth, and Businesses has been interesting and helpful, please share and leave comment. He also serves as a member of the Global Advisory Board of the United Nations Sustainable Energy for All Initiative (SE4ALL). He was also the founder of Visafone Communications Limited which has since been acquired by MTN. Every Japanese citizen on this list has been on the Forbes top richest list at least once in their lifetime which goes to show the recognition they have accumulated. Age: 61 He is the richest man in Nigeria and Africa. Updated: September 6, 2020 by Editorial Team. He is said to have an estimated net worth of $1.5 billion according to Forbes. Arthur studied chemical and mechanical Engineering at the California State University. I hope you find the article i nteresting on the top 10 richest families in Nigeria 2020. According to the Forbes Richest black man list, Aliko Dangote is still the richest man in Nigeria and Africa too. It’s a true revelation. Forbes: These Are the Richest People In Nigeria, 2019 - Listwand January 10, 2019 At 11:02 am Dangote is the richest man in not just Nigeria, but in Africa as a whole, he is the founder and chairman of Dangote Cement, the continent’s largest cement […] Aliko Dangote – NW: $21.6 billion. Talented and enterprising individuals have always been able to money here. Additionally, he is a member of the Honorary International Investor Council as well as the Digital Bridge Institute (DBI). Additionally, he is the chairman of the Ministerial Committee to establish world-class hospitals and diagnostic centres across Nigeria. He would later venture in to the oil and gas industry. He is also leading the way by a building a major refinery in the country that will eliminate the country’s dependence on oil importation. Abdusalam Rabiu is also the chairman of the Nigerian Bank of Industry. As a result of his participation, he was suspended by the school authorities but he never returned as he went on to building several successful businesses. He is the 16th richest billionaire in Africa, Networth: $1.1 billion Benedict Peters is the founder of Aiteo Group, a conglomerate with primary interest in energy. Igho Sanomi / Net worth of $1 billion ~ ₦390 billion. America will have more Black Presidents. 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Prior to establishing Seplat, Orjiako founded and ran several companies in the upstream, downstream and service sector of the oil and gas industry. Source of money: oil, Self Made. The best Aircrafts will be produced in Africa. The Cure for AIDS will be discovered in Africa by Africans. He is also ranked the 67 th richest Person in the World. Beyond Con Oil, Mike Adenuga further proved his mettle as an astute businessman when his company, Globacom was issued a conditional GSM licence in 1999. According to this year’s Forbes Richest Billionaires Ranking, Aliko Dangote is Nigeria’s richest man. Mike Adenuga claims he got his business acumen from his mother who was also a successful businesswoman. He trained as a surgeon but after a while, he left the healthcare sector to pursue his business interests. https://naijauto.com/market-news/richest-men-in-nigeria-4313 The company was founded in 1991. Listed below are the top 50 wealthiest people in Africa according to the data gather from Forbes. Naija Quote When you keep taking pictures inside various cars and you expect your man to … Adenuga made his first million at age 26 selling lace and distributing soft drinks. With an estimated worth of over $400 million according to Forbes, Tunde Folawiyo is one of the richest men in the country. In 1990, his company which was then known as Consolidated Oil received a drilling licence and in 1991 they struck oil. You might want to know who are the richest politicians in Nigeria 2019 and their net worth. Jim Ovia is the man behind the success story of one of Nigeria’s top banks, Zenith Bank. The first three names are ranked as the wealthiest by Forbes, and the number 1 is also the richest black person on the planet; a spot he has held on to for some years now. Abdusalam’s company acquired the Nigerian Oil Mills Limited and also acquired a controlling stake in the Cement Company of Northern Nigeria some years ago. Her son recently got married in a ceremony that was reportedly lavish. Tony Elumelu serves as an advisor to the USAID’S Private Capital Group for Africa (PCGA) Partners Forum. Danjuma rose through the ranks from his rookie position as a second lieutenant to become a General. Since he is a businessman (the founder of Dangote cement), we are starting with him here. 7. As a matter of fact, according to World Population Review, Nigeria is the second richest country in Africa in 2020 based on its GDP.. Eventually, he established the SLOK Holding which is conglomerate comprising Ojialex Furniture Company, SLOK Nigeria Limited, SLOK United Kingdom Limited, Adamawa Publishers Limited, SLOK Vegetable Oil, Aba, SLOK Paper Factory, Aba, SLOK United States Incorporated, SLOK Ghana, Togo, Cotonou, Guinea, South Africa, Liberia, Botswana, SLOK Korea, Supreme Oil Limited, SLOK Airlines, Sun Publishing Limited, and First International Bank Limited. Femi Otedola is the son of the former Lagos State Governor, Michael Otedola. Dangote has investments in Nigeria as well as countries like Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania and Zambia. In this article, we would be addressing who the richest men in Nigeria are, what businesses made them rich, their net worth and so on. Igho has been involved in telecommunications, shipping, aviation, engineering, construction and real estate investments. Aliko Dangote is the richest black man on earth. Her business interests are in fashion, oil and printing. Mike Adenuga, the owner of Globacom, emerged Africa’s 5th richest man. Adenuga owns Globacom, which is Nigeria’s third-largest mobile phone network, plus oil exploration firm Conoil Producing, extensive real estate holdings in Nigeria and a network of 12,000 cellphone towers. His primary businesses include cement, sugar and flour. Source of income: Telecoms, Oil. He is also the founder of the Tony Elumelu Foundation which has empowered thousands of entrepreneurs across Africa. Otedola has 3 daughters, two of which are well known in the entertainment circles. This billionaire is ranked by Forbes as the richest man in Africa and Nigeria with a net worth estimated at $10.1 billion this 2020. This firm would later metamorphose in to what is now known as the Dangote Group. It is based on an annual assessment of wealth and assets compiled and published by Forbes magazine. Top 10 Richest Men In Nigeria And Their Net Worth 2020. The company has grown over the years to become a conglomerate worth over $2.5 billion with interests in manufacturing, infrastructure and agriculture. Here are some of the unbelievable revelations in the book: 3. One of them, Florence Otedola popularly called DJ Cuppy is a DJ and music producer. Through his father’s university, Michael Otedola University, he set up a scholarship scheme which has helped over 1000 students since its inception. Read the Complete Part 1 in His Site: www.josephintro.com. 10. Nigeria is a country that is home to many wealthy individuals. Adenuga, Nigeria’s second richest man, built his fortune in telecom and oil production. He received the second licence in 2003 and ever since then his telecoms company which is fully indigenous has grown rapidly. He was the chairman of the United Bank of Africa between 1998 and 2004. Mike Adenuga had his primary and secondary education in Nigeria before proceeding to the United States to study Business Administration. 1. This year, in 2019, he didn’t make it to the top richest people of the world based on Forbes’ rankings but he is still one of the top 10 richest person in Nigeria. Ngozi Okonjo-Iweala, Nigeria’s former minister of Finance and former Managing Director of the World Bank, has been named the Forbes African of the Year, 2020. Top 10 Richest People in Nigeria – 2019 May 17, 2019 August 20, 2019 Admin Africa We all desire to be rich and making it happen in life requires sacrifice, motivation, inspiration, and above all taking risks. Aliko Dangote and his successful cement company and other firms (flour, sugar) are on the top of our selection, because Aliko is the world’s richest black man in 2019 and is the richest man in Nigeria. Over the years, he has attended executive management programmes in Switzerland and U.S.A, one of which is at the Harvard Business School. Her first company was a fashion label that catered to Nigeria’s elite women, including the wife of former military president, Ibrahim Babangida, who awarded Alakija’s company an oil prospecting license. More than 112 million people are living in poverty in Nigeria, yet the country’s richest man would have to spend $1 million a day for 42 years to exhaust his fortune. 1. Following is a list of the top 10 richest people in Japan in 2019. Aliko Dangote is currently worth over $12.5 billion. Without wasting time, let us now get straight to the business of the day; the top 10 richest men in Nigeria. It would be recalled that Dickens was the second National Vice President of Urhobo Progress Union. Age: 68 Currently, Dangote owns refineries and manufacturing plants in Nigeria and several parts of Africa. Mike is also well known outside Nigeria thanks to his Globacom company. Top 20 Richest Men in Nigeria (2020, Forbes), Who Is the Richest Pastor in the World? This billionaire is ranked by Forbes as the richest man in Africa and Nigeria with a net worth estimated at $10.1 billion this 2020. This group is one of the largest conglomerates in Nigeria with interests in Agriculture, Food processing, Maritime, Real Estate and the Transport industry. His sojourn in business started when he successful ran the family’s printing business in the 1980s. He retired from the army in 1979 after which he focused on his business interests. Eventually, Benedict founded Aiteo Group which is currently reputed to own one of the largest petroleum tank farms in the country. She also has investments in real estate which is said to be worth over $100 million. Over the years, Aliko Dangote has established himself as Nigeria’s richest man, the richest in … Top list of the world’s richest people of 2019, using up-to-minute data from Bloomberg. Others are Nigeria’s cement mogul Abdulsamad Rabiu, who runs and owns the BUA Group, standing at number 16 on the list for the first time since 2015. He was also involved with the Federal Government particularly in the Energy sector when he initially returned to the country. Wizkid is the Forbes richest musician in Nigeria. Many people are not surprised that this man has been able to maintain the position for years now. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. Aliko Dangote, I did not see adeleke,dantata and my self, I did not see adeleke he his richer than otedola na, It is only God knws the position of my father. Home/Personalities/ Top 10 Richest Persons In Nigeria 2019. In no particular order, below is the list of top 10 richest politicians in Nigeria currently in 2019. Tony Elumelu has investments in financial services, energy, real estate, hospitality, agribusiness and the healthcare sectors through his investment company, Heir Holdings. Aliko Dangote is the richest black man on earth. Please note that this list is from well researched and confirmed sources. His networth is estimated at $10.3 billion. His journey into becoming a billionaire began when he established a small trading firm in 1977. Age: 65 Abass is a seasoned freelance writer and internet marketer. If you need us to help you with more updated information at the right time about Top 50 Business Men in Nigeria, Their Net worth, and Businesses kindly provide us your phone number and email address in the comment box below. He is also the founder of Zenon Petroleum and Gas Ltd. His investment isn’t just limited to oil but range across other sectors such as shipping, real estate and finance. If this article on Top 50 Business Men in Nigeria, Their Net worth, and Businesses has been interesting and helpful, please share and leave comment. His net worth climbed dramatically from $5.3 billion in January 2018 as a result of more detailed information provided by him about his assets. Following the success of his palm oil business, Orji Uzor Kalu moved to another line of business which was selling furniture on a large scale. Aliko Dangote Estimated Net worth of $8.4 Billion Aliko Dangote is not just the richest man in Nigeria, he is also currently the wealthiest man on the African continent. Also, he was known to contribute N300 million to the completion of the National Ecumenical Centre, Nigeria’s primary place of Christian worship in Abuja. As Patoranking net worth is $1 million, his net worth is below that of the #20 on the list. Her brainchild in philanthropy is the Rose of Sharon foundation which is a non governmental organization that helps widows and orphans by empowering them through scholarship and business grants. The Synagogue Church of all Nations was founded by T.B. You may have noticed that some top musicians like Patoranking did not make it to the list. Francisco Félix de Souza was an Afro-Brazilian slave trader and merchant who traded in palm oil, gold and slaves in the 18th and early 19th century. Abiola’s interest in software spans back to when 15 years old. Table of ... Benedict Murray-Bruce is also one of the richest politician in Nigeria. (South East Nigeria and South West Nigeria will be competing with each other in this). 9. He was responsible for leading Zenith Bank to become one of the largest and most profitable banks in the country. Danjuma studied at the Ahmadu Bello University in Zaria which was then known as the Nigerian College of Art, Science and Technology. Top 50 Richest Musicians In Nigeria And Their Net Worth. Her love for students has seen her sponsor many Nigerian students through the Agbami Medical and Engineering Scholarship Scheme and the Folorunso Alakija Scholarship Scheme. The list of richest men in Ghana 2020 […] Mike adenuga is the current second richest man in Nigeria 2019. Orji Uzor is the chairman of SLOK Holding and the former governor of Abia State. He is reportedly worth over $400 million. Folorunsho Alakija Is The first female billionaire from Nigeria, the 4th Richest person in Nigeria and the 19th richest person in Africa. Notify me of follow-up comments by email. Apart from his immense wealth, Abdul Samad Rabiu has been giving back to the society through the BUA Foundation. He is the founder and CEO of Nigerian Finder.com. Top 20 richest men in Ghana and their net worth 2020… If you’ve been wondering who the millionaires and billionaires in Ghana are, then just read this article. Aliko Dangote – NW: $21.6 billion. With a subscription profile, you automatically receive updates without having to return to the website and check for changes. List of the top 10 richest men in Nigeria; Top 5 Richest Men In Nigeria; 1) Aliko Dangote; 2) Mike Adenuga; 3) Abdul Samad Rabiu; 4) Jimoh Ibrahim; 5) Pascal Uzoma Dozie Here at Listwand, we are devoted to helping Africans and the whole world in general get relevant and valuable African contents ranging from the happenings, tribes, rankings and cultures of peoples of African origin in both Africa and the African diaspora. Mohammed Indimi is the founder of Oriental Energy, a company he founded in 1990. Top 20 Richest Men In Nigeria And Their Net Worth (2020) Aliko Dangote – Net worth $10.1 billion. Some people become richer or poorer within days of publication. Now you know who the top 20 richest musicians in Nigeria are. Over the years, this businessman has mastered the art of producing these commodities locally. Cletus is the head of the Ibeto Group. Aliko Dangote is currently the richest man in Nigeria and Africa this year 2019. 12. His net worth was $10.6 billion. Aliko Dangote Estimated Net worth of $8.4 Billion Aliko Dangote is not just the richest man in Nigeria, he is also currently the wealthiest man on the African continent. Mike Adenuga, Nigeria’s second richest man, and Africa’s second richest man built his fortune in telecom and oil production. The BUA Group has the second largest sugar refinery in the country. Listed below are the top 50 wealthiest people in Africa according to the data gather from Forbes. The wealthiest business igbo man in Nigeria is no other person than Orji Uzor Kalu. 49% of Nigerian employees are not happy with their current jobs and would ditch their current employers for better jobs. His father, Khalifah Isyaku Rabiu was a prominent industrialist in the 70s and 80s. Politicians and individuals whose source of wealth cannot be traced are excluded from this list. Nairaland Forum / Nairaland / General / Business / Nigeria's Top 50 Richest Billionaires (263556 Views) 3 Youngest Nigerian Billionaires Today.No.1 Is Lagos Island Biggest Boy(pics) / List of World Richest Billionaires. The following is a list of Nigerian billionaires. Born in Kano in 1960, Abdusalam Rabiu is one of the richest men in the country thanks to his investment in the BUA Group. Dangote has investments in Nigeria as well as countries like Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania and Zambia. His mobile phone network, Globacom, is the third largest operator in Nigeria, with 43 million subscribers. Table of Page Contents. The event took place in England and it was estimated to have cost N2 billion. The group is one of the largest conglomerates in Africa with interests in automobile parts, cement production, energy, petrochemical and the real estate industry. He is the founder and Chairman of Atlas Oranto Petroleum a reputable company with assets in Nigeria, Liberia, Guinea and the Gambia. His business interest is primarily in oil and he is the chairman of South Atlantic Petroleum (SAPETRO). Interesting details about the ranking of the top 10 richest men in Nigeria and their net worth in dollars – Our Country, Nigeria is highly endowed with high profile individuals just like the fertile soil and mineral resources in our lands. From a fashion designer to oil tycoon, Folorunso Alakija is currently worth $2.1 billion making her the richest African woman. Belo-Osagie has been involved in oil, finance and telecommunications industry. A lot of people featured on this article are on the Forbes list of richest men in Ghana 2020. She is the vice chair of Famfa Oil. His oil exploration outfit, Conoil Producing, operates 6 oil blocks in the Niger Delta. The riches of Dangote is not so important now as the riches of all Africans. The popular Ibeto Hotels is one of his business interests. Aliko Dangote is currently worth over $12.5 billion. He is declared the richest man in Nigeria, and Africa. Number three richest person in Nigeria is Abdulsamad Rabiu, the founder of BUA Group. In no particular order, here are Forbes’ top richest men in Nigeria this 2020 and their net worth. Mr Dangote was born into a privileged, but has not stopped in building up his Business Empire, using the family riches. Abdusalam attended the Capital University in Columbus, Ohio in the 80s before returning to the country to oversee the family business. However, the story has since changed over the turn of the millennium as we now have quite a number of women whose wealth and assets run into hundreds of millions and even billions of dollars. Anele is a web developer and a Pan-Africanist who believes bad leadership is the only thing keeping Africa from taking its rightful place in the modern world. Top 10 Richest Men in Nigeria (2020) – With a highly entrepreneurial spirit, Nigerians are one of the most industrious people on earth. This year, in 2019, he didn’t make it to the top richest people of the world based on Forbes’ rankings but he is still one of the top 10 richest person in Nigeria. Hip Hop Music in Nigeria will become the best in the whole World. don’t mind him, you get good insight bro! Legit.ng News ★ Who are top 10 $ richest men in Nigeria $ 2017 - the best of the best when it comes to money making? He is the chairman of the Yinka Folawiyo Group, a large conglomerate with interest in energy, agriculture, shipping and real estate. According to the recently released Forbes list in 2017, Mike Adenuga’s net worth is estimated at $5.8 billion and he is the third richest person in Africa. Danjuma had a very humble beginning. Dangote Cement produces 44 million metric tons annually and plans to increase its output 33% by 2020. Born on the 29th of April, 1953, Mike Adenuga is the second richest Nigeria thanks to his investments in the telecommunications giant Globacom and Conoil. The high profile individuals have not only brought glory to the country but to the whole of Africa at large. He’s currently the chairman of the bank. 11. Orjiako’s business interest is primarily in oil and gas. Interestingly, the richest man in Africa is a Nigerian while the second richest African woman is also a Nigerian. His oil exploration outfit, Conoil Producing, operates 6 oil blocks in the Niger Delta. Aliko Dangote. Recently, i compiled a list of the world’s richest billionaire school drop outs and today, I will be compiling a list of Nigerian billionaires and top richest people in Nigeria but please this list will be restricted to entrepreneurs only. 4. Although we did not see the richest billionaire in Nigeria on the list of the top richest man in the world, he and the rest have earned their seats on the list of top 10 richest men in Nigeria. 6 billion In the banking industry, he was known for his role in the acquisition of Standard Trust Bank and catapulting them to become one of the top banks in the country. Mike Adenuga current net worth is $4.5 billion. Igho is the chairman of several companies and he is the Executive Director of Cosmos oil AG and the founder/chairman of Taleveras, an energy trading company. ALIKO DANGOTE – NW: $21.6 BILLION; Dangote is the richest person in Africa and the only African on the list of top 50 richest in the world. Mike Adenuga, Nigeria’s second richest man, and Africa’s second richest man built his fortune in telecom and oil production. He also serves a Co-Chair of the Aspen Institute Dialogue Series on Global Food Security. Nigeria is a country of great opportunities. Top 10 Richest Men In Nigeria And Their Net Worth 2020. Nigeria's Top 50 Richest Billionaires - Business - Nairaland. Jim James Ovia Nigeria’s richest man earns 8,000 times more in one day than a poor Nigerian will spend on basic needs in a year. He started with only $35 which he had received as a loan from his mother. He is the Chairman, SLOK Group of Companies, a West African conglomerate with interests in shipping, banking, oil trading, manufacturing and the media. The World's Billionaires is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published in March annually by the American business magazine Forbes.The list was first … The anti-bribery standard-setting organization TRACE has released this year’s Bribery Risk Matrix, which measures business bribery risk in 194 countries, territories, and autonomous and semi-autonomous regions. Femi Otedola has real estate properties in different parts of the world. Without wasting any more time, let’s have our list, while we talk briefly about the top 30. This is enough to place him on According to the latest release by Forbes, Femi Otedola has net worth of $2.3 billion which puts him at the third position in terms of wealth in Nigeria. Top 5 Richest Women in Nigeria 2020 A few decades ago you wouldn’t have heard anything about a woman being a billionaire! His father, Kuru Danjuma was a peasant farmer and metal trader. Politicians and individuals whose source of wealth cannot be traced are excluded from this list. 2. Richest People In Africa. Bloomberg updates its data at the close of every trading day in New York, and our list is based on the latest data available for January 4, 2019. Richest People In Africa. Networth: $10.3 billion Theophilus Danjuma is a retired general, billionaire and philanthropist. He is an economist, entrepreneur and philanthropist. The foundation sponsored the construction of the paediatric ward at the Aminu Kano Teaching Hospital. Dangote also owns stakes in publicly-traded salt, sugar and flour manufacturing companies. The Agbami field has been operating since 2008; Famfa Oil says it will likely operate through 2024. Davido; Davido, David Adedeji Adeleke, the self-acclaimed “Omo Baba Olowo’’ is the fourth richest musician in Nigeria, is never a strange mention when you think of Nigeria’s musicians who have soared high within an incredibly short time frame. Consolidated Oil was the first indigenous company to strike oil in commercial quantities. Nigeria is Sub Saharan Africa’s largest economy and relies heavily on oil as its main source of foreign exchange earnings and government revenues. Even those not presently competing to be Nigeria’s richest man want to know who is leading the queue as the richest man in Nigeria. Sandwiched between a very harsh terrain and a mammoth population threatening to sink the nation, the hustling is a lot more severe than in any other clime. He is worth an estimated $9.2 billion. Dangote remain number one on the newly released Forbes’ list of African billionaires. Iwant to be like DANGOTE, please connect me with ALIKO DANGOTE. Oba Otudeko has investments spread across different sectors which include oil and gas, trading, financial services, real estate and marine transportation. The procedure, which involves knocking out the bottom two teeth (sometimes all four), is done at the age of 15-18 and it signifies womanhood. Dangote is the richest person in Africa and the only African on the list of top 50 richest in the world. His business interests include construction, banking, importation, sales and service of motor vehicle and oil. I’ve seen it myself. He founded Gamsole in 2012 and the company’s games currently has over 10 million downloads both local and international from the Windows Phone store. The lip plate, also known as a lip plug or lip disc, is a form of body modification common in some parts of Africa. Tunde is also the director of MTN Nigeria Ltd. He is also the 67 th richest person in the world. Recently, i compiled a list of the world’s richest billionaire school drop outs and today, I will be compiling a list of Nigerian billionaires and top richest people in Nigeria but please this list will be restricted to entrepreneurs only. Of which is fully indigenous has grown rapidly largest telecoms operator and the only African top 50 richest man in nigeria 2019 the 10. Owner of the United States to study business Administration place in England and it was estimated have! Construction and real estate and marine transportation most richest men in Nigeria and West! 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