Glo Owner, Mike Adenuga Becomes The 2nd Richest Man In Africa

8 years ago

Glo Owner, Mike Adenuga Becomes The 2nd Richest Man In Africa

There are 24 African billionaires this year, down from 28 in 2015. And according to Forbes, Nigerian businessman Mike Adenuga is the biggest gainer among the African billionaires. He is now worth $10 billion, up from $4 billion a year ago.

The significant jump in Adenuga’s fortune according to Forbes is attributable to new information on the value of his telecom, oil and real estate holdings. Angolan investor Isabel dos Santos and oil tycoon Folorunsho Alakija of Nigeria still remain the only two female billionaires on the continent. See the top 23 richest people in Africa beneath;

1. Aliko Dangote, Nigerian
Net Worth: $14.4 billion
Source Of Wealth: Cement, flour, sugar, salt

2. Mike Adenuga, Nigerian
Net Worth: $10 billion
Source Of Wealth: Telecom, Oil, Real Estate

1. Nicky Oppenheimer, South African
Net Worth: $6.6 billion
Source Of Wealth: Diamonds

1. Christoffel Wiese, South African
Net Worth: $6.2 billion
Source Of Wealth: Retailing

1. Johann Rupert, South African
Net Worth: $5.3 billion
Source Of Wealth: LuxuryGoods

1. Nassef Sawiris, Egyptian
Net Worth: $4.1 billion
Source Of Wealth: Construction, Chemicals

2. Nathan Kirsch,Swazi
Net Worth: $3.7 billion
Source Of Wealth: Retail

1. Isabel dos Santos, Angolan
Net Worth: $3.1 billion
Source Of Wealth: Investments

1. Issad Rebrab, Algerian
Net Worth: $3.1 billion
Source of Wealth: Food

1. Naguib Sawiris, Egyptian
Net Worth: $3 billion
Source Of Wealth: Telecom

1. Mohammed Mansour, Egyptian
Net Worth: $2.5 billion
Source Of Wealth: Diversified

1. Othman Benjelloun, Moroccan
Net Worth: $1.9 billion
Source Of Wealth: Banking, Insurance

1. Mohamed Al Fayed, Egyptian
Net Worth: $1.9 billion
Source Of Wealth: Retailing

1. Femi Otedola, Nigerian
Net Worth: $1.85 billion

2. Youssef Mansour, Egyptian
Net Worth: $1.73 billion
Source: Diversified

1. Folorunsho Alakija, Nigerian
Net Worth: $1.55 billion
Source Of Wealth: Oil

1. Allan Gray, South African
Net Worth: $1.49 billion
Source Of Wealth: Money Management

1. Koos Bekker, South African
Net Worth: $1.47 billion
Source Of Wealth: Media, Investments

1. Yasseen Mansour, Egyptian
Net Worth: $1.39 billion
Source Of Wealth: Diversified

20. Aziz Akhannouch, Moroccan
Net Worth: $1.25 billion
Source Of Wealth: Petroleum, Diversified

1. Patrice Motsepe, South African
Net Worth: $1.15 billion
Source Of Wealth: Mining

1. Abdulsamad Rabiu, Nigerian
Net Worth: $1.1 billion
Source Of Wealth: Diversified

1. Onsi Sawiris, Egyptian
Net Worth: $1.09 billion
Source Of Wealth: Construction, Telecom

24. Mohammed Dewji, Tanzanian
Net Worth: $1.09 billion
Source Of Wealth: Diversified