20.3 C
Johannesburg
Saturday, December 21, 2024

Nigeria, South Africa and Egypt dominate the African Billionaire list of 2017

Must read

Mfonobong Nsehe
Mfonobong Nsehehttp://www.jozigist.co.za
Mfonobong Nsehe is currently Nigeria and Kenya advisor to Pilot Fish Media. He is also the CEO of Hodderway Group, a Kenyan-based private limited liability company focused on brokering and delivering attractive, large-ticket transactions in Africa to select blue chip international investment partners. He travels extensively across Africa every year, meeting and interviewing the continent's wealthiest entrepreneurs and tallying their net-worth for Forbes' annual rankings of the World's Richest People and Africa's Richest People. He is also a contributing writer for Jozi Gist. You can follow him @MfonobongNsehe and on Linkedin

There are 25 African billionaires this year, up from 24 last year. Nigerian businessmen Femi Otedola and Abdulsamad Rabiu failed to make the cut this year.

Mohammed Dewji of Tanzania is still the youngest billionaire in Africa with a fortune FORBES estimates at $1.09 billion.

Angolan investor Isabel dos Santos and oil tycoon Folorunsho Alakija of Nigeria still remain the only two female billionaires on the continent.

Meet the 24 African billionaires:

1. Aliko Dangote, Nigerian

Net Worth: $12.2 billion
Source Of Wealth: Cement, flour, sugar, salt

2. Nicky Oppenheimer, South African

Net Worth: $7 billion
Source Of Wealth: Diamonds

3. Mike Adenuga, Nigerian

Net Worth: $6.1 billion
Source Of Wealth: Telecom, Oil, Real Estat

4. Johann Rupert, South African

Net Worth: $6.3 billion
Source Of Wealth: Luxury Goods

5. Nassef Sawiris Egyptian

Net Worth: $6.2billion
Source Of Wealth: Construction, Chemicals

6. Christoffel Wiese, South African

Net Worth: $5.9 billion
Source Of Wealth: Retail

7. Nathan Kirsch, Swazi

Net Worth: $3.9 billion
Source Of Wealth: Retail

8. Naguib Sawiris, Egyptian

Net Worth: $3.8 billion
Source Of Wealth: Telecom

9. Isabel dos Santos, Angolan

Net Worth: $3.1 billion
Source Of Wealth: Investments

10. Issad Rebrab, Algerian

Net Worth: $3 billion
Source of Wealth: Food

11. Mohamed Mansour, Egyptian

Net Worth: $2.7 billion
Source Of Wealth: Diversified

12. Koos Bekker, South African

Net Worth: $2.1 billion
Source Of Wealth: Media, Investments

13. Allan Gray, South African

Net Worth: $1.99 billion
Source Of Wealth: Money Management

14. Othman Benjelloun, Moroccan

Net Worth: $1.9 billion
Source Of Wealth: Banking, Insurance

15. Mohamed Al Fayed, Egyptian

Net Worth: $1.82 billion
Source Of Wealth: Retailing

16. Patrice Motsepe, South African

Net Worth: $1.81 billion
Source Of Wealth: Mining

17. Yasseen Mansour, Egyptian

Net Worth: $1.76 billion
Source Of Wealth: Diversified

18. Folorunsho Alakija, Nigerian

Net Worth: $1.61 billion
Source Of Wealth: Oil

19. Aziz Akhannouch, Moroccan

Net Worth: $1.58 billion
Source Of Wealth: Petroleum, Diversified

20. Mohammed Dewji, Tanzanian

Net Worth: $1.4 billion
Source Of Wealth: Diversified

21. Stephen Saad, South African

Net Worth: $1.21 billion
Source Of Wealth: Pharmaceuticals

22. Youssef Mansour, Egyptian

Net Worth: $1.15 billion
Source: Diversified

23. Onsi Sawiris, Egyptian

Net Worth: $1.14 billion
Source Of Wealth: Construction, Telecom

24. Anas Sefrioui, Moroccan

Net Worth: $1.06 billion
Source Of Wealth: Real Estate

25. Jannie Mouton, South African

Net Worth: $1 billion
Source Of Wealth: Financial services

- Advertisement -

More articles

Post a Comment

- Advertisement -

Latest article