Boko Haram World's 10th Richest Terrorist Group Makes N4BN A Year

The sect’s annual revenue is placed at $25 million (N4,232,496,089.17) and it comes last on a list which has the Islamic State of Iraq and Syria (ISIS) at the top.





(AFP) Boko Haram leader, Abubakar Shekau with some of his followers

Forbes Israel has named Nigerian terrorist sect, Boko Haramas the 10th richest in the world.

The sect’s annual revenue is placed at $25 million (N4,232,496,089.17) and it comes last on a list which has theIslamic State of Iraq and Syria (ISIS) at the top.

According to the Forbes ranking, ISIS has an annual income of $2 billion. Hamas is second with a yearly revenue of $1 billion while Colombia's FARC is ranked third with a $600 million annual turnover. Hezbollah is fourth with $500 million.

Fifth on the Forbes list is the Taliban with $400 million, followed by Al-Qaida and its affiliates with $150 million; Pakistani-based Lashkar e-Taiba with $100 million; Somalia's Al-Shabaab with $100 million; Real IRA with $50 million; and, closing the top-ten list is Boko Haram, with a $25 million annual revenue.

Boko Haram was previously listed as the 7 richest terrorist group in the world.