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Full List: Africa’s Richest People In 2018 – Forbes

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American business magazine, Forbes has released its much-anticipated list of richest people in Africa for the New Year.

In the list released two days ago, Founder of Dangote Group, Alhaji Aliko Dangote maintained his lead for the seventh year in a roll with $12.2 billion, which is $100 million more than the previous year’s figure.

As Dangote’s wealth increased, so did that of the other billionaires. Forbes reported that the 23 billionaires that could be found in Africa in 2018 enjoyed an upsurge in their combined wealth which stands at $75.4 billion, compared to $70 billion in January 2017.

The other Nigerians on the list include are Globacom founder, Mike Adenuga – $5.3 billion (5th) and Famfa Oil owner, Folorunsho Alakija – $1.6 (15th).

See the full list below:

Rank Name Net Worth Age Origin of Wealth
#1 Aliko Dangote $12.2 B 60 cement, sugar, flour
#2 Nicky Oppenheimer $7.7 B 72 diamonds
#3 Johann Rupert $7.2 B 67 luxury goods
#4 Nassef Sawiris $6.8 B 56 construction, chemicals
#5 Mike Adenuga $5.3 B 64 telecom, oil
#6 Issad Rebrab $4 B 74 food
#6 Naguib Sawiris $4 B 63 telecom
#8 Koos Bekker $2.8 B 65 media, investments
#9 Isabel dos Santos $2.7 B 44 investments
#9 Mohamed Mansour $2.7 B 69 diversified
#11 Patrice Motsepe $2.4 B 55 mining
#12 Aziz Akhannouch $2.2 B 57 petroleum, diversified
#13 Yasseen Mansour $1.9 B 56 diversified
#14 Strive Masiyiwa $1.7 B 56 telecom
#15 Folorunsho Alakija $1.6 B 67 oil
#15 Othman Benjelloun $1.6 B 85 banking, insurance
#17 Mohammed Dewji $1.5 B 42 diversified
#18 Youssef Mansour $1.4 B 72 diversified
#19 Michiel Le Roux $1.2 B 68 banking
#19 Stephen Saad $1.2 B 53 pharmaceuticals
#21 Desmond Sacco $1.1 B 75 mining
#21 Onsi Sawiris $1.1 B 88 construction, telecom
#21 Christoffel Wiese $1.1 B 76 retail

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John is a University of Lagos-trained, tech-savvy journalist with an uncanny nose for news. His views are always the end products of a deliberate search for information and knowledge. He has read almost every novel written by Chinua Achebe, Jeffrey Archer and Dan Brown. He is an expert Scrabble and draughts player who is also excellent at swimming. If you know the capitals of 45 African countries by heart, then you are exactly like him.

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