July 24, 2021

No woman among Africa’s 20 billionaires in 2021

Only female billionaires from Africa, Isabel Dos Santos and Folorunsho Alakija, have disappeared from the Forbes 2021 ranking of the continent’s biggest fortunes. Nigerian Aliko Dangote has dominated this ranking for ten years.

African billionaires: Isabel Dos Santos and Folorunsho Alakija out of the rankings

The female absence particularly arouses curiosity in the Forbes 2021 ranking of African billionaires.

“Africa’s only two billionaire women have both disappeared from the list. Forbes calculates that the fortune of Nigeria’s Folorunsho Alakija, who owns an oil exploration company, has fallen below $ 1 billion due to falling oil prices. And Isabel dos Santos, who has been Africa’s richest woman since 2013, has been overthrown by a series of court decisions freezing her assets in Angola and Portugal ”reveals Forbes.

In 2019 again, Isabel dos Santos and Folorunsho Alakija were the only women who appeared there with fortunes whose evolution over time shows a downward trend with fortunes respectively estimated at January 4, 2019 at $ 2.3 billion and $ 1, $ 1 billion.

The magazine’s website states that in January 2020, the Attorney General of Angola accused Isabel dos Santos of embezzlement and money laundering. Angolan court said actions taken by Isabel dos Santos, her husband Sindika Dokolo (who died in October 2020, in a scuba diving accident, according to some sources) and another associate caused losses to the Angolan government. of at least $ 1.14 billion. Forbes reported that Isabel dos Santos’ frozen assets were at zero. Via a spokesperson, Isabel dos Santos declined to comment.

Aliko Dangote, the richest man in Africa for 10 years

For the tenth year in a row, Nigeria’s Aliko Dangote is the richest person on the continent.

In the recent Forbes ranking published in February, 18 billionaires from Africa are from seven different countries. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. In total, their fortunes are worth $ 73.8 billion, slightly more than the $ 73.4 billion of the 20 billionaires on Africa’s richest list last year.

However, Forbes specifies that its classification concerns only the wealth of African billionaires who reside in Africa or exercise their main activity there, thus excluding the billionaire of Sudanese origin Mo Ibrahim and Mohamed Al-Fayed, Egyptian citizen. Strive Masiyiwa, a citizen of Zimbabwe and resident of London, is on the list due to his holdings in telecommunications in Africa.

Ranking: Africa’s billionaires in 2021

Rank Name Net wealth Origin of wealth

1 Aliko Dangote $ 12.1 billion cement, sugar

2 Nassef Sawiris $ 8.5 billion construction, investments

3 Nicky Oppenheimer $ 8 billion diamonds

4 Johann Rupert $ 7.2 billion luxury goods

5 Mike Adenuga $ 6.3 billion telecoms, oil

6 Abdulsamad Rabiu 5.5 billion dollars cement, sucre

7 Issad Rebrab $ 4.8 billion food

8 Naguib Sawiris $ 3.2 billion in telecoms

9 Patrice Motsepe $ 3 billion mining

10 Koos Bekker 2.8 billion dollars media, investments

11 Mohamed Mansour $ 2.5 billion miscellaneous

12 Aziz Akhannouch $ 2 billion oil, miscellaneous

13 Mohammed Dewji $ 1.6 billion miscellaneous

14 Youssef Mansour $ 1.5 billion miscellaneous

15 Othman Benjelloun $ 1.3 billion banking, insurance

16 Michiel Le Roux $ 1.2 billion bank

16 Strive Masiyiwa $ 1.2 billion telecoms

18 Yasseen Mansour 1,1 milliard de dollars diver