August 2, 2021

Dangote still in the lead, Motsepe (9th)

Aliko Dangote and Patrice Motsepe ok

Has the Covid-19 pandemic affected African billionaires? Not really… Eighteen names appear on the list of African billionaires published this year by Forbes, up from 20 in 2020. Nigerian business mogul Aliko Dangote is Africa’s richest person for the tenth year in a row. No woman is on this year’s list.

According to the American magazine Forbes, the continent has 18 billionaires this year, compared to 20 in 2020. Together, they are worth $ 73.8 billion, slightly more than the total value of $ 73.4 billion, of the 20 billionaires last year. . Nigerian business mogul Aliko Dangote is Africa’s richest person, for the tenth consecutive year, with a value of $ 12.1 billion.

The businessman, industrialist and philanthropist is richer by $ 2 billion compared to last year “thanks to an increase of about 30% in the share price of Dangote Cement, by far its assets the most precious “. The 63-year-old self-taught magnate, based in Lagos, founded and chairs ‘Dangote Cement’, the largest cement producer on the African continent.

The biggest winner this year is another Nigerian cement mogul, Abdulsamad Rabiu, 60, who is now worth $ 5.5 billion, up from $ 3.1 billion last year. In 2019, his net worth was $ 1.6 billion. The only two billionaire women from Africa listed in lists from previous years have both fallen. They are Folorunsho Alakija and Isabel dos Santos.

South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. South African mining magnate Patrice Motsepe, the new president of the Confederation of African Football (CAF), is ranked No.9 on the list, with a net worth of $ 3 billion.

Africa’s youngest billionaire Mohammed Dewji of Tanzania and CEO of MeTL is at $ 1.6 billion. Zimbabwe’s self-made billionaire Strive Masiyiwa, who recently made headlines for being named to Netflix’s board of directors, saw his telecommunications fortune drop from $ 1.1 billion last year to $ 1.2 billion, in 2021.

To read : Aliko Dangote still the richest man in Africa!