Forbes release 21 richest in Africa. See the positions of Dangote, Mike Adenuga and more

In early 2018, representatives of Forbes magazine summed up last year’s results and published the list of top 21 richest people in Africa 2017.

Let’s consider the main changes that occurred since the beginning of last year. Richest men in Africa began to feel more confident due to the performance of their stock. Their number was increased by two new members. In the past Forbes list there were 21 billionaires, now their number has grown to 23.


1. Aliko Dangote – $12.2 billion (cement, sugar, flour), Nigeria
2. Nicky Oppenheimer – $7.7 billion (diamonds), South Africa
3. Johann Rupert – $7.2 billion (luxury goods), South Africa
4. Nassef Sawiris – $6.8 billion (construction, chemicals), Egypt
5. Mike Adenuga net worth $5.3 billion (telecom, oil), Nigeria
6. Issad Rebrab – $4 billion (food), Algeria
7. Naguib Sawiris – $4 billion (telecom), Egypt
8. Koos Bekker – $2.8 billion (media, investments), South Africa
9. Isabel dos Santos – $2.7 billion (investments), Angola
10. Mohamed Mansour – $2.7 billion (diversified), Egypt
11. Patrice Motsepe – $2.4 billion (mining), South Africa
12. Aziz Akhannouch – $2.2 billion (petroleum, diversified), Morocco
13. Yasseen Mansour – $1.9 billion (diversified), Egypt
14. Strive Masiyiwa – $1.7 billion (telecom), Zimbabwe
15. Folorunsho Alakija – $1.6 billion (oil), Nigeria
16. Othman Benjelloun – $1.6 billion (banking, insurance), Morocco
17. Mohammed Dewji – $1.5 billion (diversified), Tanzania
18. Youssef Mansour – $1.4 billion (diversified), Egypt
19. Michiel le Roux – $1.2 billion (banking), South Africa
20. Stephen Saad – $1.2 billion (pharmaceuticals), South Africa
21. Desmond Sacco – $1.1 billion (mining), South Africa
22. Onsi Sawiris – $1.1 billion (construction, telecom), Egypt
23. Christoffel Wiese – $1.1 billion (retail), South Africa

13 of 23 businessmen on the list were able to increase their savings. They decreased for 4 people. All the rest remained on the same positions as before. The rating includes representatives of South Africa (Cool, Egypt (6), Nigeria (3), Morocco (2) and Algeria, Angola, Tanzania and Zimbabwe (1).

The list intended only for those people who live in Africa and have their companies on the territory of this continent. Also, family fortunes were not taken into account, since the wealth of a family consisting of dozens of people has more chances to get to the first lines of the rating.

When calculating the net worth, Forbes specialists relied on stock prices and exchange rates valid at January 5, 2018.

Exclusively from GistMania.