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Aliko Dangote Remains Forbes Africa’s Richest Person

Aliko Dangote Remains Forbes Africa’s Richest Person
Remains

Remains

is still Africa’s richest person for the ninth time in a row, as disclosed in Forbes Africa’s Billionaires list for 2020.

The recently released list captured only eight African countries with billionaires; Egypt and South Africa have five billionaires each, followed by Nigeria with four and Morocco with two.

The Nigerian-born businessman maintained the number 1 spot on the list with a net worth of $10.1 billion, beating Egyptian billionaire, Nassef Sawiris who took the second spot with a net worth of $8 billion. Dangote made his fortune from cement, oil and gas, flour and sugar.

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Mike Adenuga who is Nigeria’s second richest man tied at the third spot with South Africa’s Nicky Oppenheimer with a net worth of $7.7 billion. Mike Adenuga made his fortune from banking, oil production and telecom. His mobile phone network, Globacom is Nigeria’s third-largest operator.

South African businessman and Chairman of Swiss luxury goods firm Compagnie Financiere Richemont, Johann Rupert took the 5th spot with a net worth of $6.5 billion. His company is best known for its brands, Cartier and Montblanc.

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Nigeria’s richest woman, Folorunsho Alakija took the last spot on the list with a net worth of $1 billion.

 

See the full list below:

$10.1 billion

Nassef Sawiris $8 billion

Mike Adenuga $7.7 billion

Nicky Oppenheimer $7.7 billion

Johann Rupert $6.5 billion

Issad Rebrab $4.4 billion

Mohamed Mansour $3.3 billion

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Abdulsamad Rabiu $3.1 billion

Naguib Sawiris $3 billion

Patrice Motsepe $2.6 billion

Koos Bekker – $2.5 billion

Yasseen Mansour – $2.3 billion

Isabel dos Santos – $2.2 billion

Youssef Mansour – $1.9 billion

Aziz Akhannouch – $1.7 billion

Mohammed Dewji – $1.6 billion

Othman Benjelloun – $1.4 billion

Michiel Le Roux – $1.3 billion

Strive Masiyiwa – $1.1 billion

Folorunsho Alakija – $1 billion

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