Mike Adenuga emerges second richest African
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 below
- Aliko Dangote, Nigerian
Net Worth: $14.4 billion
Source Of Wealth: Cement, flour, sugar, salt
- Mike Adenuga, Nigerian
Net Worth: $10 billion
Source Of Wealth: Telecom, Oil, Real Estate
- Nicky Oppenheimer, South African
Net Worth: $6.6 billion
Source Of Wealth: Diamonds
- Christoffel Wiese, South African
Net Worth: $6.2 billion
Source Of Wealth: Retailing
- 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
Isabel dos Santos, Angolan
Net Worth: $3.1 billion
Source Of Wealth: Investments
Issad Rebrab, Algerian
Net Worth: $3.1 billion
Source of Wealth: Food
Naguib Sawiris, Egyptian
Net Worth: $3 billion
Source Of Wealth: Telecom
Mohammed Mansour, Egyptian
Net Worth: $2.5 billion
Source Of Wealth: Diversified
Othman Benjelloun, Moroccan
Net Worth: $1.9 billion
Source Of Wealth: Banking, Insurance
Mohamed Al Fayed, Egyptian
Net Worth: $1.9 billion
Source Of Wealth: Retailing
Femi Otedola, Nigerian
Net Worth: $1.85 billion
Youssef Mansour, Egyptian
Net Worth: $1.73 billion
Source: Diversified
Folorunsho Alakija, Nigerian
Net Worth: $1.55 billion
Source Of Wealth: Oil
Allan Gray, South African
Net Worth: $1.49 billion
Source Of Wealth: Money Management
Koos Bekker, South African
Net Worth: $1.47 billion
Source Of Wealth: Media, Investments
Yasseen Mansour, Egyptian
Net Worth: $1.39 billion
Source Of Wealth: Diversified
- Aziz Akhannouch, Moroccan
Net Worth: $1.25 billion
Source Of Wealth: Petroleum, Diversified - Patrice Motsepe, South African
Net Worth: $1.15 billion
Source Of Wealth: Mining
- Abdulsamad Rabiu, Nigerian
Net Worth: $1.1 billion
Source Of Wealth: Diversified
- Onsi Sawiris, Egyptian
Net Worth: $1.09 billion
Source Of Wealth: Construction, Telecom
- Mohammed Dewji, Tanzanian
Net Worth: $1.09 billion
Source Of Wealth: Diversified
(African Leadership)