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, Nigerian
Net Worth: $10 billion
Source Of Wealth: Telecom, Oil, Real Estate
3.Nicky Oppenheimer, South African
Net Worth: $6.6 billion
Source Of Wealth: Diamonds
4.Christoffel Wiese, South African
Net Worth: $6.2 billion
Source Of Wealth: Retailing
5.Johann Rupert, South African
Net Worth: $5.3 billion
Source Of Wealth: Luxury Goods
6.Nassef Sawiris, Egyptian
Net Worth: $4.1 billion
Source Of Wealth: Construction, Chemicals
7.Nathan Kirsch, Swazi
Net Worth: $3.7 billion
Source Of Wealth: Retail
8.Isabel dos Santos, Angolan
Net Worth: $3.1 billion
Source Of Wealth: Investments
9.Issad Rebrab, Algerian
Net Worth: $3.1 billion
Source of Wealth: Food
10.Naguib Sawiris, Egyptian
Net Worth: $3 billion
Source Of Wealth: Telecom
11.Mohammed Mansour, Egyptian
Net Worth: $2.5 billion
Source Of Wealth: Diversified
12.Othman Benjelloun, Moroccan
Net Worth: $1.9 billion
Source Of Wealth: Banking, Insurance
13.Mohamed Al Fayed, Egyptian
Net Worth: $1.9 billion
Source Of Wealth: Retailing
14.Femi Otedola, NigerianNet Worth: $1.85 billion
15.Youssef Mansour, Egyptian
Net Worth: $1.73 billion
Source: Diversified
16.Folorunsho Alakija, Nigerian
Net Worth: $1.55 billion
Source Of Wealth: Oil
17.Allan Gray, South African
Net Worth: $1.49 billion
Source Of Wealth: Money Management
18.Koos Bekker, South African
Net Worth: $1.47 billion
Source Of Wealth: Media, Investments
19.Yasseen Mansour, Egyptian
Net Worth: $1.39 billion
Source Of Wealth: Diversified
20. Aziz Akhannouch, Moroccan
Net Worth: $1.25 billion
Source Of Wealth: Petroleum, Diversified
21.Patrice Motsepe, South African
Net Worth: $1.15 billion
Source Of Wealth: Mining
22.Abdulsamad Rabiu, Nigerian
Net Worth: $1.1 billion
Source Of Wealth: Diversified
23.Onsi Sawiris, Egyptian
Net Worth: $1.09 billion
Source Of Wealth: Construction, Telecom
24. Mohammed Dewji, Tanzanian
Net Worth: $1.09 billion
Source Of Wealth: Diversified
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