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Mike Adenuga emerges second richest African

The Citizen by The Citizen
March 5 2016
in Headlines, Society, Uncategorized
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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

  1. Aliko Dangote, Nigerian

Net Worth: $14.4 billion

Source Of Wealth: Cement, flour, sugar, salt

  1. Mike Adenuga, Nigerian

Net Worth: $10 billion
Source Of Wealth: Telecom, Oil, Real Estate

  1. Nicky Oppenheimer, South African

Net Worth: $6.6 billion

Source Of Wealth: Diamonds

  1. Christoffel Wiese, South African

Net Worth: $6.2 billion
Source Of Wealth: Retailing

  1. 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

  1. Aziz Akhannouch, Moroccan
    Net Worth: $1.25 billion
    Source Of Wealth: Petroleum, Diversified
  2. Patrice Motsepe, South African

Net Worth: $1.15 billion
Source Of Wealth: Mining

  1. Abdulsamad Rabiu, Nigerian

Net Worth: $1.1 billion
Source Of Wealth: Diversified

  1. Onsi Sawiris, Egyptian

Net Worth: $1.09 billion
Source Of Wealth: Construction, Telecom

  1. Mohammed Dewji, Tanzanian
    Net Worth: $1.09 billion

Source Of Wealth: Diversified

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