Africans especially Nigerians are making giant strides all over the world. We reveal to you Africa's financial heavyweights worth billions of dollars.
Aliko Dangote GCON, Owner Dangote Group
This year, a record 1,826 billionaires made it to Forbes’ annual ranking of the world’s richest people. There are 29 African billionaires, the same number as in 2014.
While 2 tycoons – South African mining magnate, Desmond Sacco and Moroccan real estate mogul, Anas Sefrioui fell off the billionaire rankings, Mohammed Dewji of Tanzania makes his debut on the list with a fortune estimated at $1.3 billion. At 39, Dewji is the youngest billionaire in Africa.
Nigerian-born Femi Otedola, 50, rejoins the list of African billionaires after a 5-year hiatus with a $1 billion fortune. Folorunsho Alakija of Nigeria and Isabel dos Santos of Angola are the only two female billionaires on the continent.
Meet the 29 Africans who are worth $1 billion or more:
1. Aliko Dangote - $15.7 billion
Nigerian, Cement, Flour, Sugar
2. Johann Rupert & Family - $7.4 billion
South African, Luxury Goods
3. Nicky Oppenheimer & Family, $6.7 billion
South African, Diamonds
4 Christoffel Wiese, $6.3 billion
South African, Retail
5. Nassef Sawiris, $6.3 billion
Egyptian, Construction
6. Mike Adenuga, $4 billion
Nigerian, Telecoms and Oil
7. Mohamed Mansour, $4 billion
Egyptian, Diversified
8. Nathan Kirsh, $3.9 billion
Swaziland. Real Estate
9. Isabel Dos Santos, $3.1 billion
Angolan, Investments
10. Issad Rebrab, $3.1 billion
Algerian, Diversified
11. Naguib Sawiris, $3.1 billion
Egyptian, Telecoms
12. Youssef Mansour, $2.9 billion
Egyptian, Diversified
13. Koos Bekker, $2.3 billion
South African, Media
14. Othman Benjelloun, $2.3 billion
Moroccan, Banking
15. Yasseen Mansour, $2.3 billion
Egyptian, Diversified
16. Patrice Motsepe, $2.1 billion
South African, Mining
17. Stephen Saad, $2.1 billion
South African, Pharmaceuticals
18. Mohamed Al Fayed, $2 billion
Egyptian, Property
19. Folorunsho Alakija, $1.9 billion
Nigerian, Oil
20. Onsi Sawiris, $1.8 billion
Egyptian, Diversified
21. Aziz Akhannouch, $1.7 billion
Moroccan, Diversified
22. Allan Gray, $1.6 billion
South African, Investments
23. Miloud Chaabi, $1.3 billion
Moroccan, Diversified
24. Mohammed Dewji, $1.3 billion
Tanzanian, Diversified
25. Samih Sawiris, $1.1 billion
Egyptian, Property Development
26. Sudhir Ruparelia, $1.1 billion
Ugandan, Property, Banking
27. Femi Otedola, $1 billion
Nigerian, Gas Stations
28. Abdulsamad Rabiu, $1 billion
Nigerian, Diversified
29. Rostam Azizi, $1 billion
Tanzanian, Telecoms