For the ninth year in a row, Aliko Dangote of Nigeria has been declared as the wealthiest person in Africa, with an estimated net worth of $10.1billion.
In the latest ranking of the world’s billionaires by Forbes, the American global media company, focusing on business, investment, technology, entrepreneurship and leadership, Dangote’s present worth is down from his estimate of $10.3 billion, a year ago; attributed to possibly a slightly lower stock price for his Dangote Cement flagship company.
Ourworldgist gathered from Vanguard Newspaper that the report is sampled across 54 African Nations.
The report shows that, Africa has 54 nations, but only eight countries have billionaires according to Forbes, with South Africa and Egypt dominating not only the top 10 richest people in Africa list but in the rankings overall with five billionaires each.
Nigeria comes second with four billionaires, including Africa’s richest man, Aliko Dangote.
Nassef Sawiris of Egypt is the new number two richest, worth $8 billion, up from $6.3 billion last year.
Sawiris’ most valuable asset is a stake in shoemaker Adidas worth a recent $4 billion.
The increase in Adidas’ share price alone added nearly $1.5 billion to his fortune since January 2019.
He also owns a significant stake in fertilizer producer OCI N.V. In 2019, Sawiris and U.S. investor Wes Edens purchased the remaining stake they didn’t own in the U.K. Premier League team Aston Villa Football Club.
See the full list of Africa’s billionaires below:
Aliko Dangote $10.1 billion
Nassef Sawiris $8 billion
Mike Adenuga $7.7 billion
(3) Nicky Oppenheimer $7.7 billion
Johann Rupert $6.5 billion
Issad Rebrab $4.4 billion
Mohamed Mansour $3.3 billion
Abdulsamad Rabiu $3.1 billion
Naguib Sawiris $3 billion
Patrice Motsepe $2.6 billion
Koos Bekker – $2.5 billion
Yasseen Mansour – $2.3 billion
Isabel dos Santos – $2.2 billion
Youssef Mansour – $1.9 billion
Aziz Akhannouch – $1.7 billion
Mohammed Dewji – $1.6 billion
Othman Benjelloun – $1.4 billion
Michiel Le Roux – $1.3 billion
Strive Masiyiwa – $1.1 billion
Folorunsho Alakija – $1 billion
