Forbes List Announces That Nigeria Has More Billionaires Than Any Other African Country

As at January 2019, there are 20 billionaires in Africa (in dollar terms), according to Forbes’ annual list of the continent’s richest people. It is note-worthy to know that Nigerians take four spots in this list of billionaires. Consequently, Nigeria can be said to have more billionaires than any other African country.

The leading spot is, as it has been consecutively, occupied by the tycoon Aliko Dangote—Africa’s foremost entrepreneur. He is closely followed by billionaire Mike Adenuga whose networth has lately increased by a handsome amount of billion dollars.

Abdulsamad Rabiu and Folorunsho Alakija hold the 16th and 19th positions in this prestigious list, totaling in a total $22.2 billion networth from Nigerian billionaires.

Below is the full list of the billionaires and their industries;

1. Aliko Dangote 10.3 billion

Industry: Cement, Sugar, Flour

2. Mike Adenuga $9.2 billion

Industry: Telecoms, Oil

3. Nicky Oppenheimer $7.3 billion

Industry: Diamonds

4. Nassef Sawiris $6.3 billion

Industry: Construction, Chemicals

5. Johann Rupert $5.3 billion

Industry: Luxury goods

6. Issad Rebrab $3.7 billion

Industry: Food

7. Naguib Sawiris $2.9 billion

Industry: Telecoms

8. Koos Bekker $2.3 billion

Industry: Media and Investments

9. Isabel dos Santos $2.3 billion

Industry: Investments

10. Mohammed Mansour $2.3 billion

Industry: Diversified

11. Strive Masiyiwa $2.3 billion

Industry: Telecom

12. Patrice Motsepe $.2.3 billion

Industry: Mining

13. Aziz Akhannouch $2.1 billion

Industry: Petroleum, Diversified

14. Mohammed Dewji $1.9 billion

Industry: Diversified

15. Othman Benjelloun $1.9 billion

Industry: Banking and Finance

16. Abdulsamad Rabiu $1.6 billion

Industry: Cement, Sugar

17. Yasseen Mansour $1.5 billion

Industry: Diversified

18. Youssef Mansour $1.2 billion

Industry: Diversified

19. Folorunsho Alakija $1.1 billion

Industry: Oil

20. Michiel Le Roux $1.1 billion

Industry: Banking

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