Forbes: Top 20 African Billionaires For 2017; Dangote Is Still The Richest


2017 African Billionaires– In Africa, the number of “dollar” billionaires went up from 24 last year to 25 this year. Forbes says that Nigeria’s Aliko Dangote remains the richest African at the moment with a net worth of $12.2 billion.

Dangote will be occupying the top spot for 8 years.

According to the report, there was a massive increase in the number of the billionaires in the world. From 1,810 in 2016, to a current 2,043 billionaires.

This means that 233 more money bags have joined the global billionaire’s league; making it the biggest leap ever recorded by Forbes in 31 years.

Majority of the African billionaires are from Egypt and South Africa.

The list comprise of 8 South Africans; 7 Egyptians; 3 Moroccans; 3 Nigerians; and 1 billionaire each from Tanzania, Algeria, Angola and Swaziland.

The list retained majority of the 2016 billionaires with the exception of Nigeria’s Femi Otedola and Abdulsamad Rabiu, both of whom fell off the list this year. Femi Otedola was Forbes 2015 highest gainer and 14th richest African in 2016.

Morocco’s oil & gas business man, Aziz Akhannouch went up from the 20th to the 19th position this year.

Mike Adenuga who was 2016’s highest gaining African billionaire and 2nd richest in the continent fell to the 3rd spot with $6.1 billion.

Angolan Isabella Dos Santos is still Africa’s richest woman with $3.1 billion; followed by Nigeria’s oil and gas business woman, Folorunsho Alakija  with a $1.61 billion net worth. They are the only women in the list.

Tanzania’s richest man, Mohammed Dewji  is still the youngest billionaire in Africa with an estimated worth of $1.09 billion.

Let’s meet Forbes 2017 African billionaires…

20. Mohammed Dewji

Country: Tanzania

Net Worth: $1.4 Billion

Industry: Diversified Businesses

mohammed dewji

See Also: 2017 Forbes Billionaires: Bill Gates Leads The World’s Richest For 18 Years With $86 Billion

19. Aziz Akhannouch

Country: Morocco

Net Worth: $1.58 Billion

Industry: Petroleum, Diversified Businesses

Aziz-Akhannouch

18. Folorunsho Alakija

Country: Nigeria

Net Worth: $1.61 Billion

Industry: Oil & Gas

Folorunsho Alakija

17. Yasseen Mansour

Country: Egypt

Net Worth: $1.76 Billion

Industry: Diversified Businesses

Yasseen_Mansour

16. Patrice Motsepe

Country: South Africa

Net Worth: $1.81 Billion

Industry: Mining

Patrice-Motsepe

15. Mohamed Al Fayed

Country: Egypt

Net Worth: $1.82 Billion

Industry: Retailing

Mohamed-Al-Fayed

See Also: Meet The Top 10 Richest African Billionaires At The Moment(2016)

14. Othman Benjelloun

Country: Morocco

Net Worth: $1.9 Billion

Industry: Banking/Insurance

Othman-Benjelloun

13.  Allan Gray

Country: South Africa

Net Worth: $1.99 Billion

Industry: Money Management

Allan-Gray

12. Koos Bekker

Country: South Africa

Net Worth: $2.1 Billion

Industry: Media/Investments

Koos-Bekker

11. Mohamed Mansour

Country: Egypt

Net Worth: $2.7 Billion

Industry: Diversified Businesses

Mohamed-Mansour

10. Issad Rebrab

Country: Algeria

Net Worth: $3 Billion

Industry: Food

Issad-Rebrab

9. Isabel dos Santos

Country: Angola

Net Worth: $3.1 Billion

Industry: Investments

Isabel-dos-Santos

8. Naguib Sawiris

Country: Egypt

Net Worth: $3.8 Billion

Industry: Telecoms

Naguib-Sawiris

7. Nathan Kirsch

Country: Swaziland

Net Worth: $3.9 Billion

Industry: Retail

Nathan-Kirsh

6. Christoffel Wiese

Country: South Africa

Net Worth: $5.9 Billion

Industry: Retail

Wiesse

5. Nassef Sawiris

Country: Egypt

Net Worth: $6.2 Billion

Industry: Construction/Chemicals

Nassef-Sawiris1

4. Johann Rupert

Country: South Africa

Net Worth: $6.3 Billion

Industry: Luxury Goods

Johanne-Rupert

3. Mike Adenuga

Country: Nigeria

Net Worth: $6.1 billion

Industry: Diversified Businesses (Telecom/Oil & Gas/Real Estate)

Mike Adenuga

2. Nicky Oppenheimer

Country: South Africa

Net Worth: $7 billion

Industry: Diamonds

BRITAIN-SAFRICA-MINING-COMPANY-ANGLOAMERICAN-DEBEERS-FILES

1. Aliko Dangote

Country: Nigeria

Net Worth: $12.2 Billion

Industry: Consumer Goods (Cement/ Flour/Sugar/Salt)

Aliko-Dangote

Other Africans Billionaires include:

21. Stephen Saad

Country: South African

Net Worth: $1.21 Billion

Industry: Pharmaceuticals

22. Youssef Mansour

Country: Egypt

Net Worth: $1.15 Billion

Industry: Diversified Businesses

  23. Onsi Sawiris

 Country: Egypt

Net Worth: $1.14 billion

Industry: Construction/Telecom

24. Anas Sefrioui

 Country: Morocco

Net Worth: $1.06 billion

Industry: Real Estate

25.  Jannie Mouton

Country: South Africa

Net Worth: $1 Billion

Industry: Financial services

New additions for this year’s list include S.A’s Jannie Mouton and Stephen Saad; and Morocco’s Anas Sefrioui.

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