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  • Mike Adenuga is now the second richest man in Africa after Dangote
  • 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 after the cut...











    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: Luxury Goods
    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, NigerianNet 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

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