Get Latest Tori News Alert! Enter your email below. Delivered by FeedBurner Hot Stories Simi And Adekunle Gold Show Off Dancing Skill At Their Traditional Wedding (Video) Wow! Dr Sid’s Beautiful Wife, Simi, Releases Cute Photos From Her Maternity Shoot Shock As Bribe-seeking Police Officer Shoots Two Drivers In Kogi (Photo) What Doctor Found In MC Oluomo’s Blood After Being Stabbed Photos Of Celebrity Guests At Adekunle Gold And Simi’s Traditional Wedding Drama As Female Corpers Fight Over Seniority In Ekiti (Video) The Woman Seen With Atiku In ‘Leaked Photo’ Is My Mother – Son Speaks Out Teniola Goes Emotional As She Pens Lovely Tribute In Remembrance Of Her Father Check Out The Interesting Thing Adekunle Gold Said About Simi In 2018 (Video) Delta Polytechnic Female Student Dies In Lone Accident (Photo) Osinbajo Reveals How Fake News Once Put Him In Serious Trouble With His Wife Buhari’s Foreign Affairs Minister Resigns Popular Evangelist ‘Exposed’ After Being Caught Deceptively Asking For Funds To Help Widows Why Chioma Deleted Her Instagram Page – Davido Guru Maharaj Ji Reveals Who Will Win 2019 Presidential Election Davido Opens Up On Allegations He Slapped Kizz Daniel’s Manager 300 Guests Set To Attend Adekunle Gold And Simi’s Wedding Today Davido Finally Reveals His Grand Plan For Chioma Wow! Check Out Cute Throwback Photos Of Simi And Adekunle Gold As They Get Married Today Graphic Photos Of NURTW Member Killed During APC Rally In Lagos (Video) Recent Stories Photo Of Man Arrested With $207,000 Cash At Kano Airport By EFCC (Photo) Revealed: JAMB Candidates With Bio-metric Problems Will Write Exams In Abuja Ex-Beauty Queen, Anita Uwagbale Shares Bikini Photos Shocker: Man Goes Wild, Stabs Ikeja Electric’s Technician Over Disconnection (Photo) See Forbes List Of Top 20 Richest People In Africa 2019 ASUU Yet To Reach Agreement With FG On Ending Strike How Security Breach Affected Lagos APC Gubernatorial Campaign Kick-off Simi And Adekunle Gold Show Off Dancing Skill At Their Traditional Wedding (Video) Horror: Many People Trapped As Train Derails From Tracks In Lagos (Photos+Video) APC Set To Receive Mu’azu As Buhari Holds Rally In Bauchi See Forbes List Of Top 20 Richest People In Africa 2019

The list of African billionaires has been released with a Nigerian named on the top spot. 

Nigeria’s Aliko Dangote has retained his place as the richest man in Africa on the newly released 2019 Forbes’ list of African billionaires. This list was released yesterday, 9th of January, 2019. The list revealed that there were fewer and poorer billionaires on the African continent in 2019. 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. The continent’s second richest is Mike Adenuga, also of Nigeria, worth an estimated $9.2 billion. Adenuga owns Globacom, which is Nigeria’s third-largest mobile phone network, plus oil exploration firm Conoil Producing, extensive real estate holdings in Nigeria and a network of 12,000 cellphone towers. . His net worth has climbed dramatically from $5.3 billion in January 2018 as a result of more detailed information provided by him about his assets. In a per country ranking, Egypt and South Africa are tied with five billionaires each, followed by Nigeria with four and Morocco with two. Nigerian cement mogul Abdulsamad Rabiu, who runs and owns the BUA Group, returns to the list for the first time since 2015. He merged his Kalambaina Cement firm into publicly traded Cement Company of Northern Nigeria, which he controlled, in late 2018. Rabiu now owns 97% of the list entity. Kalambaina, which operates a new cement production facility, started selling cement in mid-2018. Separately, Rabiu’s OBU Cement recently expanded its operations, adding a new production line. Nigeria’s Alakija owns a stake in one of the most productive oil fields in Nigeria, currently operated by Chevron. Her net worth dropped due a decline in the value of the oil field, in part because its production has leveled off. Altogether the 20 African tycoons are worth $68.7 billion, down from $75.4 billion for last year’s list. However, the average net worth for each list member this year has climbed to $3.4 billion from $3.3 billion in early 2018. Here are the richest Africa’s Billionaires 2019

 #1 Aliko Dangote $10.3 B; Age – 61; Source of Wealth: cement, sugar, flour

#2 Mike Adenuga $9.2 B; Age – 65. telecom, oil

#3 Nicky Oppenheimer $7.3 B; Age – 73. diamonds

#4 Nassef Sawiris $6.3 B; Age – 57. construction, chemicals

#5 Johann Rupert $5.3 B; Age – 68. luxury goods

#6 Issad Rebrab $3.7 B; Age – 75. food

#7 Naguib Sawiris $2.9 B; Age – 64. telecom

#8 Koos Bekker $2.3 B; Age – 66. media, investments

#8 Isabel dos Santos $2.3 B; Age – 45. investments

#8 Mohamed Mansour $2.3 B; Age – 70. diversified

 #8 Strive Masiyiwa $2.3 B; Age – 57. telecom

#8 Patrice Motsepe $2.3 B; Age – 56. mining

#13 Aziz Akhannouch $2.1 B; Age – 58. petroleum, diversified

#14 Mohammed Dewji $1.9 B; Age – 43. diversified

#15 Othman Benjelloun $1.7 B; Age – 86. banking, insurance

#16 Abdulsamad Rabiu $1.6 B; Age – 58. cement, sugar

#17 Yasseen Mansour $1.5 B; Age – 57. diversified

#18 Youssef Mansour $1.2 B; Age – 73. diversified

#19 Folorunsho Alakija $1.1 B; Age – 68. oil

#20 Michiel Le Roux $1.1 B; Age – 69. banking

769 total views, 3 views today

Check Also

[Music] Reminisce – Oja (Prod. By Sarz)

LR boss, Reminisce finally comes through with his anticipated song titled “ Oja “. The new banger is produced ...

Select your currency
USD United States (US) dollar