There are 24 African billionaires this year, down from 28 in 2015. And according to Forbes, Nigerian businessman Mike Adenuga is the biggest gainer among the African billionaires. He is now worth $10 billion, up from $4 billion a year ago.
The significant jump in Adenuga’s fortune according to Forbes is attributable to new information on the value of his telecom, oil and real estate holdings. Angolan investor Isabel dos Santos and oil tycoon Folorunsho Alakija of Nigeria still remain the only two female billionaires on the continent. See the top 23 richest people in Africa after the cut…
1. Aliko Dangote,Nigerian
Net Worth: $14.4 billion
Source Of Wealth: Cement, flour, sugar, salt
2. Mike Adenuga,NigerianNet Worth: $10 billion
Source Of Wealth: Telecom, Oil, Real Estate
1. Nicky Oppenheimer,South AfricanNet Worth: $6.6 billion
Source Of Wealth: Diamonds
1. Christoffel Wiese,South AfricanNet Worth: $6.2 billion
Source Of Wealth: Retailing
1. Johann Rupert,South AfricanNet Worth: $5.3 billion
Source Of Wealth: LuxuryGoods
1. Nassef Sawiris,Egyptian
Net Worth: $4.1 billion
Source Of Wealth: Construction, Chemicals
2. Nathan Kirsch,SwaziNet Worth: $3.7 billion
Source Of Wealth: Retail
1. Isabel dos Santos,AngolanNet Worth: $3.1 billion
Source Of Wealth: Investments
1. Issad Rebrab,AlgerianNet Worth: $3.1 billion
Source of Wealth: Food
1. Naguib Sawiris,EgyptianNet Worth: $3 billion
Source Of Wealth: Telecom
1. Mohammed Mansour,EgyptianNet Worth: $2.5 billion
Source Of Wealth: Diversified
1. Othman Benjelloun,MoroccanNet Worth: $1.9 billion
Source Of Wealth: Banking, Insurance
1. Mohamed Al Fayed,EgyptianNet Worth: $1.9 billion
Source Of Wealth: Retailing
1. Femi Otedola,NigerianNet Worth: $1.85 billion
2. Youssef Mansour,EgyptianNet Worth: $1.73 billion
Source: Diversified
1. Folorunsho Alakija,NigerianNet Worth: $1.55 billion
Source Of Wealth: Oil
1. Allan Gray, South AfricanNet Worth: $1.49 billion
Source Of Wealth: Money Management
1. Koos Bekker,South AfricanNet Worth: $1.47 billion
Source Of Wealth: Media, Investments
1. Yasseen Mansour,EgyptianNet Worth: $1.39 billion
Source Of Wealth: Diversified
20. Aziz Akhannouch,Moroccan
Net Worth: $1.25 billion
Source Of Wealth: Petroleum, Diversified
1. Patrice Motsepe,South AfricanNet Worth: $1.15 billion
Source Of Wealth: Mining
1. Abdulsamad Rabiu,NigerianNet Worth: $1.1 billion
Source Of Wealth: Diversified
1. Onsi Sawiris,EgyptianNet Worth: $1.09 billion
Source Of Wealth: Construction, Telecom
24. Mohammed Dewji,Tanzanian
Net Worth: $1.09 billion
Source Of Wealth: Diversified