List: 19 richest people in Africa, according to Forbes

Forbes Africa has published its annual list of Africa’s wealthiest people for 2023, which includes 19 billionaires from seven countries.

According to Forbes Africa, the continent’s 19 billionaires are worth an estimated $81.8 billion, a decrease from the $84.9 billion held by the continent’s 18 billionaires a year ago. The drop follows a global market downturn in 2022 caused by the Covid-19 pandemic and other factors.

Aliko Dangote of Nigeria remains at the top of the list for the 12th year in a row, with a net worth of $13.5 billion, up $2 billion from last year. Dangote founded and is the chairman of the Dangote Group, Africa’s largest cement producer.

He is followed by Nicky Oppenheimer and Johann Rupert, both South Africans who have challenged his dominance. Oppenheimer is the former chairman of De Beers, and his net worth is $8 billion, up $1.5 billion from last year. Rupert is the chairman of the Richemont luxury goods group and has a net worth of $7.2 billion, up $1.4 billion from last year.

Mike Adenuga, the owner of telecom giant Globacom and oil company Conoil Producing, takes fourth place. He has a net worth of $6.3 billion, which is $300 million less than last year.

Nassef Sawiris of Egypt, who owns a stake in Adidas and runs OCI, one of the world’s largest nitrogen fertilizer producers, takes fifth place. He has a net worth of $6 billion, which is $200 million less than last year.

Here is the full list;

  1. Aliko Dangote (Nigeria) – $13.5 billion
  2. Johann Rupert (South Africa) – $10.7 billion
  3. Nicky Oppenheimer (South Africa) – $8.4 billion
  4. Abdulsamad Rabiu (Nigeria) – $7.6 billion
  5. Nassef Sawiris (Egypt) – $7.2 billion
  6. Mike Adenuga (Nigeria) – $5.6 billion
  7. Issad Rebrab (Algeria) – $4.6 billion
  8. Naguib Sawiris (Egypt) – $3.3 billion
  9. Mohamed Mansour (Egypt) – $3 billion
  10. Patrice Motsepe (South Africa) – $2 billion
  11. Isabel dos Santos (Angola) – $1.8 billion
  12. Strive Masiyiwa (Zimbabwe) – $1.7 billion
  13. Koos Bekker (South Africa) – $1.5billion
  14. Aziz Akhannouch (Morocco) – $1.4billion
  15. Mohammed Dewji (Tanzania) – $1.3billion
  16. Othman Benjelloun (Morocco) – $1.2billion
  17. Youssef Mansour (Egypt) – $900 million
  18. Yasseen Mansour  (Egypt) – $800 million
  19. Folorunsho Alakija (Nigeria) – $600 million

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