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The Number Of African Billionaires Rose From 21 To 23 In Global Billionaires Ranking; According to Forbes

st February 2018, Forbes magazine unveiled its first ranking of the year.

A list of global billionaires including 23 African personalities. This figure has grown by 2. In the past, the magazine had listed Africa’s 21 rich billionaires.

 In 2017, the number of African billionaires rose from 21 to 23, cumulating assets valued at over $ 75.4 billion against 70 billion in 2016.

The Nigerian Tycoon Aliko Dangote, still holds the lead with $ 12.2 billion in assets from its many investments in the cement and food industry (Sugar and flour).

Second fortune in Africa for years, Nick Oppenheimer. The South African is credited with a fortune estimated at 7.7 billion.

His compatriot Johan Rupert, who operates in luxury goods, holds a portfolio that Forbes values ​​at 7.2 billion.

In North Africa, the Egyptian Nassef Sawiris comes in fourth with $ 6.7 billion, from his investments in construction and the chemical industry.

The top quintuor is completed by another Nigerian, Globacom boss Mike Adenuga, with a fortune estimated at 5.3 billion. Nigerian is also present in the oil sector, as is Isabel Dos Santos, 9th.

Algerian Issad Rebrab, CEO of Cevital, recovers one of the 3 places. The Algerian has managed, over the past year, to spend his fortune from $ 3 billion to $ 4 billion. A progression that gives him the 6th place in early 2018.

The two newcomers are Strive Masiwa and Michel le Roux.

The Zimbabwean Strive Masiyiwa, active in telecoms with Econet Wireless Zimbabwe and Liquid Telecom, takes the 14 th  place with $ 1.7 billion.

The banker of South Africa Michiel Le Roux, founder of Capitec Bank, appears for the 19th, with $ 1.2 billion.

This evolution can be explained by the performance of the South African bank over the last few years, which has been boosted in 2017.

The table of 23 billionaires from Africa

Rank Name Fortune Nationality sectors
1 Aliko Dangote 12.2 Nigeria Cement, sugar, flour
2 Nicky Oppenheimer 7.7 South Africa diamonds
3 Johan Rupert 7.2 South Africa Luxury
4 Nassef Sawiris 6.8 Egypt Construction, chemistry
5 Mike Adenuga 5.3 Nigeria Telecom, oil
6 Issad Rebrab 4 Algeria Food
6 Naguib Sawiris 4 Egypt Telecom
8 Koos Bekker 2.8 South Africa Media
9 Isabel Dos Santos 2.7 angola investments
9 Mohamed Mansour 2.7 Egypt Distribution
11 Patrice Motsepe 2.4 South Africa mines
12 Aziz Akhannouch 2.2 Morocco Oil
13 Yasseen Mansour 1.9 Egypt Distribution
14 Strive Masiyiwa 1.7 Zimbabwe Telecom
15 Folorunsho Alakija 1.6 Nigeria Oil
15 Othman Benjelloun 1.6 Morocco Bank
17 Mohammed Dewji 1.5 Tanzania Various
18 Youssef Mansour 1.4 Egypt Distribution
19 Michiel le Roux 1.2 South Africa Bank
19 Stephen Saad 1.2 South Africa Pharmaceutical products
21 Desmond Sacco 1.1 South Africa mines
21 Onsi Sawiris 1.1 Egypt Construction, telecom
21 Christoffel Wiese 1.1 South Africa Distribution

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Written by How Africa

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