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...
Source Of Wealth: Telecom, Oil, Real Estate
Source Of Wealth: Diamonds
Source Of Wealth: Retailing
Source Of Wealth: Luxury Goods
Source Of Wealth: Retail
Source Of Wealth: Investments
Source of Wealth: Food
Source Of Wealth: Telecom
Source Of Wealth: Diversified
Source Of Wealth: Banking, Insurance
Source Of Wealth: Retailing
Source: Diversified
Source Of Wealth: Oil
Source Of Wealth: Money Management
Source Of Wealth: Media, Investments
Source Of Wealth: Diversified
20. Aziz Akhannouch, Moroccan
Net Worth: $1.25 billion
Source Of Wealth: Petroleum, Diversified
Source Of Wealth: Mining
Source Of Wealth: Diversified
Source Of Wealth: Construction, Telecom
24. Mohammed Dewji, Tanzanian
Net Worth: $1.09 billion
Source Of Wealth: Diversified
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...
- Aliko Dangote, Nigerian
Net Worth: $14.4 billion
Source Of Wealth: Cement, flour, sugar, salt - Mike Adenuga, Nigerian
Source Of Wealth: Telecom, Oil, Real Estate
- Nicky Oppenheimer, South African
Source Of Wealth: Diamonds
- Christoffel Wiese, South African
Source Of Wealth: Retailing
- Johann Rupert, South African
Source Of Wealth: Luxury Goods
- Nassef Sawiris, Egyptian
Net Worth: $4.1 billion
Source Of Wealth: Construction, Chemicals - Nathan Kirsch, Swazi
Source Of Wealth: Retail
- Isabel dos Santos, Angolan
Source Of Wealth: Investments
- Issad Rebrab, Algerian
Source of Wealth: Food
- Naguib Sawiris, Egyptian
Source Of Wealth: Telecom
- Mohammed Mansour, Egyptian
Source Of Wealth: Diversified
- Othman Benjelloun, Moroccan
Source Of Wealth: Banking, Insurance
- Mohamed Al Fayed, Egyptian
Source Of Wealth: Retailing
- Femi Otedola, NigerianNet Worth: $1.85 billion
- Youssef Mansour, Egyptian
Source: Diversified
- Folorunsho Alakija, Nigerian
Source Of Wealth: Oil
- Allan Gray, South African
Source Of Wealth: Money Management
- Koos Bekker, South African
Source Of Wealth: Media, Investments
- Yasseen Mansour, Egyptian
Source Of Wealth: Diversified
20. Aziz Akhannouch, Moroccan
Net Worth: $1.25 billion
Source Of Wealth: Petroleum, Diversified
- Patrice Motsepe, South African
Source Of Wealth: Mining
- Abdulsamad Rabiu, Nigerian
Source Of Wealth: Diversified
- Onsi Sawiris, Egyptian
Source Of Wealth: Construction, Telecom
24. Mohammed Dewji, Tanzanian
Net Worth: $1.09 billion
Source Of Wealth: Diversified