Despite Losing $2bn, Dangote Leads Forbes’ Africa Billionaires List. Meanwhile here in this post today, I will be showing you The Forbes Top 20 Africa Billionaires List 2019 as Nigeria’s Aliko Dangote is Forbes’ Africa’s richest person for 2019 – for the eight year in a row – with estimated $10.3 billion net worth, which is nearly $2 billion less than a year ago.
According to Forbes’ Africa Billionaires List, which was released on Wednesday, January 9, Dangote’s drop was attributed to a roughly 20% drop in the stock price of Dangote Cement between January 2018 to January 4, 2019, his most valuable asset.
In second place was Mike Adenuga, chief executive officer of Globacom, whose net worth dramatically increased from $5.3 billion to $9.2 billion because he provided more detailed information about his assets.
However, check below to see the full Forbes Top 20 Africa Billionaires List 2019 without taken much of the time again in this post.
Forbes Top 20 Africa Billionaires List 2019
See top 20 below:
- Aliko Dangote – $10.3 Billion
- Mike Adenuga – $9.2 Billion
- Nicky Oppenheimer – $7.3 Billion
- Nassef Sawiris – $6.3 Billion
- Johann Rupert – $5.3 Billion
- Issad Rebrab – $3.7 Billion
- Naguib Sawiris – $2.9 Billion
- Koos Bekker – $2.3 Billion
- Isabel dos Santos – $2.3 Billion
- Mohamed Mansour – $2.3 Billion
- Strive Masiyiwa – $2.3 Billion
- Patrice Motsepe – $2.3 Billion
- Aziz Akhannouch – $2.1 Billion
- Mohammed Dewji – $1.9 Billion
- Othman Benjelloun – $1.7 Billion
- Abdulsamad Rabiu – $1.6 Billion
- Yasseen Mansour – $1.5 Billion
- Youssef Mansour – $1.2 Billion
- Folorunsho Alakija – $1.1 Billion
- Michiel Le Roux – $1.1 Billion
As you can see here in this list that the Number three in Africa is diamond heir Nicky Oppenheimer of South Africa. His grandfather founded diamond mining firm DeBeers, which Nicky ran and then sold to mining giant Anglo American for $5.1 billion cash in 2012. He is currently worth an estimated $7.3 billion, down from $7.7 billion a year ago.
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Nigeria’s cement mogul Abdulsamad Rabiu, who runs and owns the BUA Group, returns to the list at number 16, for the first time since 2015. He merged his Kalambaina Cement firm into publicly traded Cement Company of Northern Nigeria, which he controlled, in late 2018.
Placing the ranking per country, Egypt and South Africa are tied with five billionaires each, followed by Nigeria with four and Morocco with two.