The list disclosed that there have been fewer and poorer billionaires on the African continent in 2019.
He, however, lost nearly $2bn compared to his last year’s price. Dangote’s calculable $10.3 billion internet price is almost $2 billion but a year agone.
The continent’s second richest is Mike Adenuga, additionally of Federal Republic of Nigeria, price associate degree calculable $9.2 billion.
Adenuga owns Globacom, that is Nigeria’s third-largest movable network, and oil exploration firm Conoil manufacturing, intensive assets holdings in Federal Republic of Nigeria and a network of twelve,000 cell towers. .
His internet price has climbed dramatically from $5.3 billion in Jan 2018 as a results of a lot of elaborated data provided by him regarding his assets.
In a per country ranking, Egypt and South Africa ar tied with 5 billionaires every, followed by Federal Republic of Nigeria with four and Morocco with 2.
Nigerian cement mogul Abdulsamad Rabiu, UN agency runs and owns the BUA cluster, returns to the list for the primary time since 2015.
He unified his Kalambaina Cement firm into publically listed Cement Company of Northern Federal Republic of Nigeria, that he controlled, in late 2018. Rabiu currently owns ninety seven of the list entity.
Kalambaina, that operates a replacement cement production facility, started commercialism cement in mid-2018. Separately, Rabiu’s OBU Cement recently swollen its operations, adding a replacement line.
Nigeria’s Alakija owns a stake in one in every of the foremost productive oil fields in Federal Republic of Nigeria, presently operated by Chevron. Her internet price born due a decline within the worth of the oil field, partly as a result of its production has leveled off.
Altogether the twenty African tycoons ar price $68.7 billion, down from $75.4 billion for last year’s list. However, the common internet price for every list member this year has climbed to $3.4 billion from $3.3 billion in early 2018.
Here are the richest Africa’s Billionaires 2019
1 Aliko Dangote $10.3 B; Age – 61; Source of Wealth: cement, sugar, flour
2 Mike Adenuga $9.2 B; Age – 65. telecom, oil
3 Nicky Oppenheimer $7.3 B; Age – 73. diamonds
4 Nassef Sawiris $6.3 B; Age – 57. construction, chemicals
5 Johann Rupert $5.3 B; Age – 68. luxury goods
6 Issad Rebrab $3.7 B; Age – 75. food
7 Naguib Sawiris $2.9 B; Age – 64. telecom
8 Koos Bekker $2.3 B; Age – 66. media, investments
9 Isabel dos Santos $2.3 B; Age – 45. investments
10 Mohamed Mansour $2.3 B; Age – 70. diversified
11 Strive Masiyiwa $2.3 B; Age – 57. telecom
12 Patrice Motsepe $2.3 B; Age – 56. mining
13 Aziz Akhannouch $2.1 B; Age – 58. petroleum, diversified
14 Mohammed Dewji $1.9 B; Age – 43. diversified
15 Othman Benjelloun $1.7 B; Age – 86. banking, insurance
16 Abdulsamad Rabiu $1.6 B; Age – 58. cement, sugar
17 Yasseen Mansour $1.5 B; Age – 57. diversified
18 Youssef Mansour $1.2 B; Age – 73. diversified
19 Folorunsho Alakija $1.1 B; Age – 68. oil
20 Michiel Le Roux $1.1 B; Age – 69. banking