The recently released Forbes list of the top 21 richest men in Africa for the year 2019 is out. The Forbes list which was released yesterday, January 9 revealed that there were fewer and poorer billionaires on the African continent in 2019.
Nigeria’s Aliko Dangote retained his place as the richest man in Africa on the newly released Forbes’ list of African billionaires. He, however, lost almost $2bn compared to his last year’s worth.
Dangote’s estimated $10.3 billion net worth is nearly $2 billion less than a year ago. Another Nigerian, Folorunsho Alakija was one of the billionaires, who suffered a drop in their net worth between last year and this year, as she held No 19 on the 20-man list.
Forbes report that Alakija’s net worth dropped due to a decline in the value of one of Nigeria’s most productive oil fields. It is claimed that the decline can be partly blamed on the fact that the oil field’s production had levelled off. The rating magazine reports that Alakija’s net worth dropped due to a decline in the value of one of Nigeria’s most productive oil fields.
Mike Adenuga, the owner of Globacom, emerged Africa’s 5th richest man. Others are Nigeria’s cement mogul Abdulsamad Rabiu, who runs and owns the BUA Group, standing at number 16 on the list for the first time since 2015.
See list the richest Africa’s Billionaires 2019 below;
1 Aliko Dangote $10.3b cement, sugar, flour￼
2 Mike Adenuga$9.2b telecom, oil
3 Nicky Oppenheimer $7.3b diamonds￼
4 Nassef Sawiris $6.3b construction, chemicals￼
5 Johann Rupert $5.3b luxury goods￼
6 Issad Rebrab $3.7b food￼
7 Naguib Sawiris $2.9b 64 telecom￼
8 Koos Bekker $2.3b media, investments
￼8 Isabel dos Santos $2.3b investments￼
8 Mohamed Mansour $2.3b diversified
￼8 Strive Masiyiwa $2.3b telecom￼
8 Patrice Motsepe $2.3 mining￼
13 Aziz Akhannouch $2.1b petroleum, diversified￼
14Mohammed Dewji $1.9b diversified￼
15 Othman Benjelloun $1.7b banking, insurance￼
16 Abdulsamad Rabiu $1.6b cement, sugar￼
17 Yasseen Mansour $1.5b diversified￼
18 Youssef Mansour $1.2b diversified￼
19 Folorunsho Alakija$1.1 B68oil#19Michiel Le Roux