Aliko Dangote remains Africa’s wealthiest


Forbes’ current list shows that Dangote Group President Aliko Dangote remains the undisputed king of Africa’s rich men., leading Globacom chief Mike Adenuga, BUA Group chief Abdulsamad Rabiu and Famfa Oil vice-chairman Folorusho Alakija.


  • Aliko Dangote $10.1billion
  • Nassef Sawiris $8 billion
  • Mike Adenuga $7.7 billion
  • 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 $1.1billion
  • Folorunso Alakija $1billion

He leadership of the rich men in Africa is not about to change hand. The king remains Dangote Group President Alhaji Aliko Dangote.   Forbes magazine, in its annual ranking of the world’s billionaires released yesterday, showed that Dangote is retaining the slot for the ninth consecutive year, with an estimated net worth of $10.1billion.

The continent’s 20 billionaires are worth a combined $73.4 billion, up from $68.7 billion a year ago.

The ranking by the American global media company indicated that Dangote’s present worth is down from his estimate of $10.3 billion last year. It attributed the drop to a slightly lower stock price for his Dangote Cement.

According to Forbes, only eight of Africa’s 54 nations have billionaires. South Africa and Egypt dominate the  list with five billionaires each. Nigeria has four billionaires.

Egypt’s Nassef Sawiris is the new number two. He is worth $8 billion. He had $6.3 billion last year. His most valuable asset is a stake in Adidas, which is worth  $4 billion.


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