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| Aliko Dangote |
Nigerian cement tycoon Aliko
Dangote remains Africa’s richest person for the sixth year running with a $12.1
billion fortune, despite a nearly $5 billion drop in his net worth for the
second year in a row.
Dangote is joined by just two other
Nigerian billionaires on this year’s list -- telecom tycoon Mike Adenuga, who
is Africa’s third richest person with an estimated $5.8 billion fortune, and
oil billionaire Folorunsho Alakija, who has an estimated net worth of $1.6
billion.
Two Nigerians dropped off the
Billionaires List this year--oil marketer Femi Otedola, whose net worth dropped
from $1.6 billion in November 2015 to just $330 million today, and sugar
billionaire Abdulsamad Rabiu, whose net worth dropped below $1 billion in the
wake of a weakened Nigerian currency.
 |
| Mike Adenuga |
South Africa retains its dominance
on the Africa List. While the country is tied with Egypt for the largest number
of individual billionaires, South Africa’s six billionaires are worth a
combined $22.7 billion -- $7 billion more than Egypt’s six billionaires.
The richest South African
billionaire and the continent’s second richest person is diamond magnate Nicky
Oppenheimer, who has maintained a low profile since selling his family’s stake
in diamond giant DeBeers to Anglo American for $5.1 billion in cash in 2012.
Luxury goods tycoon Johann Rupert
and retail magnate Christoffel Wiese are tied as South Africa’s second richest
and Africa’s fourth richest billionaires, each with a $5.5 billion fortune. Wiese’s
fortune has dropped $1 billion since the November 2015 Africa list, while
Rupert’s net worth is down $800 million.
Egypt’s richest billionaire is
Nassef Sawiris, whose $5.3 billion fortune is up $400 million since November
2015. Sawiris runs OCI, one of the world’s largest nitrogen fertilizers. The
country’s next richest person is his brother Naguib Sawiris, who was Egypt’s
biggest gainer on the list. His net worth increased $700 million to $3.7
billion. In December 2016, Naguib Sawiris announced that he would be stepping
down as CEO of his telecom company, Orasom Telecom Media & Technology.
FORBES counts only two female billionaires
in Africa: Angola's Isabel dos Santos -Africa’s richest woman with a $3.2
billion fortune, and Nigeria’s Alakija. Dos Santos is the daughter of Angola’s
president, who appointed her as head of Angola’s state oil firm Sonangol in
June 2016. Alakija is the vice chair of Nigerian oil exploration company, Famfa
Oil.
Culled from Forbes.com
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