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Home Business Members of the African billionaires’ club, according to Forbes’ 2019 ranking

Members of the African billionaires’ club, according to Forbes’ 2019 ranking

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Business

January 11,2019

There are 20 billionaires in Africa according to Forbes’ annual list of the continent’s richest people.

Aliko Dangote, President of Dangote Group
Aliko Dangote, President of Dangote Group

As at January 2019, there are 20 billionaires in Africa ( in dollar terms), according to Forbes’ annual list of the continent’s richest people.

From the list, Aliko Dangote maintains his position as Africa’s richest man for the eighth year in a row, followed by Nigerian billionaire, Mike Adenuga, whose net worth rose dramatically from $5.3 billion in January 2018 to $9.2 billion in 2019.

According to Forbes, the spike in Adenuga’s wealth was due to more details information about his assets.

Business Insider Sub-Saharan Africa checks on the lists show that the Tanzanian billionaire, Mohammed Dewji and Angolan investor, Isabel dos Santos are the youngest billionaires on the continent with net worth of $1.9 billion and $2.3 billion respectively.

1. Aliko Dangote 10.3 billion

Africa's richest business man, Aliko Dangote Africa’s richest business man, Aliko Dangote

Industry: Cement, Sugar, Flour

2. Mike Adenuga $9.2 billion

Mike Adenuga, second richest man in Africa Mike Adenuga, second richest man in Africa

Industry: Telecoms, Oil

3. Nicky Oppenheimer $7.3 billion

Nicky Oppenheimer Nicky Oppenheimer

Industry: Diamonds

4. Nassef Sawiris $6.3 billion

Nassef Sawiris Nassef Sawiris

Industry: Construction, Chemicals

5. Johann Rupert $5.3 billion

Johann Rupert Johann Rupert

Industry: Luxury goods

6. Issad Rebrab $3.7 billion

Issad Rebrab, Algerian billionaire businessman, CEO of the CEVITAL industrial group Issad Rebrab, Algerian billionaire businessman, CEO of the CEVITAL industrial group

Industry: Food

7. Naguib Sawiris $2.9 billion

Naguib Sawiris Naguib Sawiris

Industry: Telecoms

8. Koos Bekker $2.3 billion

Naspers Chairperson Koos Bekker Naspers Chairperson Koos Bekker

Industry: Media and Investments

ALSO READ: Mike Adenuga is closing in on Aliko Dangote as Africa’s richest man

8. Isabel dos Santos $2.3 billion

Isabel Dos Santos has an estimated net worth of $2.3 billion Isabel Dos Santos has an estimated net worth of $2.3 billion

Industry: Investments

8. Mohammed Mansour $2.3 billion

Mohammed Mansour Mohammed Mansour

Industry: Diversified

8. Strive Masiyiwa $2.3 billion

Strive Masiyiwa, Econet wireless chairman Strive Masiyiwa, Econet wireless chairman

Industry: Telecom

8. Patrice Motsepe $.2.3 billion

Patrice Motsepe Patrice Motsepe

Industry: Mining

13. Aziz Akhannouch $2.1 billion

Aziz Akhannouch, the richest man in Morocco Aziz Akhannouch, the richest man in Morocco

Industry: Petroleum, Diversified

14. Mohammed Dewji $1.9 billion

Mohammed Dewji  Mohammed Dewji

Industry: Diversified

15. Othman Benjelloun $1.9 billion

Othman Benjelloun, Morocco billionaire Othman Benjelloun, Morocco billionaire

Industry: Banking and Finance

16. Abdulsamad Rabiu $1.6 billion

Abdulsamad Rabiu is one of the richest people in Nigeria and Africa with a net worth of $1.6 billion  Abdulsamad Rabiu is one of the richest people in Nigeria and Africa with a net worth of $1.6 billion

Industry: Cement, Sugar

17. Yasseen Mansour $1.5 billion

Yaseen Mansour, Egyptian billionaire businessman Yaseen Mansour, Egyptian billionaire businessman

Industry: Diversified

18. Youssef Mansour $1.2 billion

Industry: Diversified

19. Folorunsho Alakija $1.1 billion

Folorunsho Alakija Folorunsho Alakija

Industry: Oil

19. Michiel Le Roux $1.1 billion

Michiel Le Roux, the founder of Johannesburg-listed Capitec Bank Holdings Michiel Le Roux, the founder of Johannesburg-listed Capitec Bank Holdings

Industry: Banking

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