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Thursday 3 March 2016

Dr Mike Adenuga Is Now Africa's 2nd Richest Man - Forbes

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 after the cut...


  1. Aliko DangoteNigerian 
    Net Worth: $14.4 billion
    Source Of Wealth: Cement, flour, sugar, salt
  2. Mike AdenugaNigerian
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 WieseSouth African
Net Worth: $6.2 billion
Source Of Wealth: Retailing
  1. Johann RupertSouth African
Net Worth: $5.3 billion
Source Of Wealth: Luxury Goods
  1. Nassef SawirisEgyptian 
    Net Worth: $4.1 billion
    Source Of Wealth: Construction, Chemicals
  2. Nathan KirschSwazi
Net Worth: $3.7 billion
Source Of Wealth: Retail
  1. Isabel dos SantosAngolan
Net Worth: $3.1 billion
Source Of Wealth: Investments
  1. Issad Rebrab, Algerian
Net Worth: $3.1 billion
Source of Wealth: Food
  1. Naguib SawirisEgyptian
Net Worth: $3 billion
Source Of Wealth: Telecom
  1. Mohammed MansourEgyptian
Net Worth: $2.5 billion
Source Of Wealth: Diversified
  1. Othman Benjelloun, Moroccan
Net Worth: $1.9 billion
Source Of Wealth: Banking, Insurance
  1. Mohamed Al FayedEgyptian
Net Worth: $1.9 billion
Source Of Wealth: Retailing
  1. Femi OtedolaNigerianNet Worth: $1.85 billion
  2. Youssef Mansour, Egyptian
Net Worth: $1.73 billion
Source: Diversified
  1. Folorunsho AlakijaNigerian
Net Worth: $1.55 billion
Source Of Wealth: Oil
  1. Allan Gray, South African
Net Worth: $1.49 billion
Source Of Wealth: Money Management
  1. Koos BekkerSouth African
Net Worth: $1.47 billion
Source Of Wealth: Media, Investments
  1. Yasseen MansourEgyptian
Net Worth: $1.39 billion
Source Of Wealth: Diversified
20Aziz AkhannouchMoroccan
Net Worth: $1.25 billion
Source Of Wealth: Petroleum, Diversified
  1. Patrice MotsepeSouth African
Net Worth: $1.15 billion
Source Of Wealth: Mining
  1. Abdulsamad RabiuNigerian
Net Worth: $1.1 billion
Source Of Wealth: Diversified
  1. Onsi SawirisEgyptian
Net Worth: $1.09 billion
Source Of Wealth: Construction, Telecom
24. Mohammed Dewji, Tanzanian
Net Worth: $1.09 billion
Source Of Wealth: Diversified


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