Nigerian business mogul, Aliko Dangote has topped the list of the richest people in Africa for the 11th consecutive time.
Gatekeepers News reports that Dangote ranked first according to a report released on Monday by Forbes, an American business magazine.
Dangote topped the list with a net worth of $13.9 billion – up from $12.1 billion last year.
Forbes said “the continent’s 18 billionaires are worth an estimated $84.9 billion – a 15% increase from twelve months ago and the most since 2014, when a larger number of billionaires–28–were worth a combined $96.5 billion.
“On average, the continent’s billionaires are worth $4.7 billion now vs $3.4 billion in 2014.
The net worths were measured using stock prices and currency exchange rates from January 19, 2022.
Also, Nigeria’s Abdulsamad Rabiu, Chairman of BUA Group, ranked 5th with a net worth of $7 billion.
Mike Adenuga followed Rabiu as the sixth richest person in Africa (third in Nigeria) with a $6.7 billion fortune.
See the full list of Africa richest people below;
1 Aliko Dangote $13.9 B 64 cement, sugar
2 Johann Rupert $11 B 71 luxury goods
3 Nicky Oppenheimer $8.7 B 76 diamonds
4 Nassef Sawiris $8.6 B 61 construction, investments
5 Abdulsamad Rabiu $7 B 61 cement, sugar
6 Mike Adenuga $6.7 B 68 telecom, oil
7 Issad Rebrab $5.1 B 78 food
8 Naguib Sawiris $3.4 B 67 telecom
9 Patrice Motsepe $3.1 B 59 mining
10 Koos Bekker $2.7 B 69 media, investments
10 Strive Masiyiwa $2.7 B 60 telecom
12 Mohamed Mansour $2.5 B 74 diversified
13 Aziz Akhannouch $2.2 B 61 petroleum, diversified
14 Michiel Le Roux $1.7 B 72 banking
15 Othman Benjelloun $1.5 B 89 banking, insurance
15 Mohammed Dewji $1.5 B 46 diversified
15 Youssef Mansour $1.5 B 76 diversified
18 Yasseen Mansour $1.1 B 60 diversified