Nigeria’s Dangote leads Forbes’ Africa rich list

Forbes just released their annual rich list, featuring the return of Nigeria’s Femi Otedola to the list. Also in Nigeria, Aliko Dangote returned to the top of the list, after briefly losing the number one spot for part of last year to Johann Rupert and family.
Notably, the list excludes lawyer and banker, Adebayo Ogunlesi, whose fortune is estimated at $2.3bn if the BlackRock acquisition of his firm Global Infrastructure Partners (GIP) for $12.5bn is concluded.
The biggest gain belongs to Egypt’s Nassef Sawiris, who added $1.6 billion to $8.9 billion.
Here is the full list of African Billionaires:

  1. Aliko Dangote
    Net worth: $13.9 billion
    Net worth in 2023: $13.5 billion
    Origin of wealth: Cement and Sugar
    Age: 66
    Country: Nigeria
  2. Johann Rupert and family
    Net worth: $10.1 billion
    Rank in 2023: 2
    Net worth in 2023: $10.7 billion
    Origin of wealth: Luxury goods
    Age: 73
    Country: South Africa
  3. Nicky Oppenheimer & family
    Net worth: $9.4 billion
    Rank in 2023: 3
    Net worth in 2023: $8.4 billion
    Origin of wealth: Diamonds
    Age: 78
    Country: South Africa
  4. Nassef Sawiris
    Net worth: $8.7 billion
    Rank in 2023: 5
    Net worth in 2023: $7.2 billion
    Origin of wealth: Construction and Investments
    Age: 63
    Country: Egypt
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  5. Mike Adenuga
    Net worth: $6.9 billion
    Rank in 2023: 6
    Net worth in 2023: $5.6 billion
    Origin of wealth: Telecom and Oil
    Age: 70
    Country: Nigeria
  6. Abdulsamad Rabiu
    Net worth: $5.9 billion
    Rank in 2023: 4
    Net worth in 2023: $7.6 billion
    Inherited and growing
    Origin of wealth: Cement and Sugar
    Age: 63
    Country: Nigeria
  7. Naguib Sawiris
    Net worth: $3.8 billion
    Rank in 2023: 8
    Net worth in 2023: $3.3 billion
    Inherited and growing
    Origin of wealth: Telecom
    Age: 69
    Country: Egypt
  8. Mohamed Mansour
    Net worth: $3.2 billion
    Rank in 2023: 10
    Net worth in 2023: $2.8 billion
    Self-made
    Origin of wealth: Diversified
    Age: 76
    Country: Egypt
  9. Koos Bekker
    Net worth: $2.7 billion
    Rank in 2023: 11
    Net worth in 2023: $2.6 billion
    Origin of wealth: Media, Investments
    Age: 71
    Country: South Africa
  10. Patrice Motsepe
    Net worth: $2.7 billion
    Rank in 2023: 9
    Net worth in 2023: $3.1 billion
    Origin of wealth: Mining
    Age: 61
    Country: South Africa
  11. Issad Rebrab & family
    Net worth: $2.5 billion
    Rank in 2023: 7
    Net worth in 2023: $4.6 billion
    Origin of wealth: Food
    Age: 80
    Country: Algeria
  12. Mohammed Dewji
    Net worth: $1.8 billion
    Rank in 2023: 15
    Net worth in 2023: $1.5 billion
    Origin of wealth: Diversified
    Age: 48
    Country: Tanzania
  13. Strive Masiyiwa
    Net worth: $1.8 billion
    Rank in 2023: 12
    Net worth in 2023: $1.9 billion
    Origin of wealth: Telecom
    Age: 62
    Country: Zimbabwe
  14. Aziz Akhannouch & family
    Net worth: $1.7 billion
    Rank in 2023: 14
    Net worth in 2023: $1.5 billion
    Origin of wealth: Petroleum, Diversified
    Age: 63
    Country: Morocco
  15. Othman Benjelloun & family
    Net worth: $1.4 billion
    Rank in 2023: 16
    Net worth in 2023: $1.3 billion
    Origin of wealth: Banking, insurance
    Age: 91
    Country: Morocco
  16. Youssef Mansour
    Net worth: $1.3 billion
    Rank in 2023: 13
    Net worth in 2023: $1.5 billion
    Origin of wealth: Diversified
    Age: 78
    Country: Egypt
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  17. Yasseen Mansour
    Net worth: $1.2 billion
    Rank in 2023: 19
    Net worth in 2023: $1.1 billion
    Origin of wealth: Diversified
    Age: 62
    Country: Egypt
  18. Christoffel Wiese
    Net worth: $1.2 billion
    Rank in 2023: 18
    Net worth in 2023: $1.1 billion
    Origin of wealth: Retail
    Age: 82
    Country: South Africa
    Residence: Cape Town
  19. Michiel Le Roux
    Net worth: $1.1 billion
    Rank in 2023: 17
    Net worth in 2023: $1.2 billion
    Origin of wealth: Banking
    Age: 74
    Country: South Africa
  20. Femi Otedola
    Net worth: $1.1 billion
    Origin of wealth: Gas stations, Utilities
    Country: Nigeria – CNBC

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