SA, Egypt have the most billionaires in Africa

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THE number billionaires on the African continent has dropped from 23 to 20 according to Forbes list of African billionaires.

Aliko Dangote, the Chief Executive of the Dangote Group, has held the top spot on the Forbes African billionaires for an eighth time in a row.

His net worth dropped by close to $144 million less after a 20 percent drop in the Dangote Cement stock price.

In terms of billionaires by country South African and Egypt tie for first place with five billionaires each. Then Nigeria follows with four billionaires and Morocco has two billionaires.

  1. Aliko Dangote, 61
    Net worth: $10.3 billion
    Origin of wealth: cement, sugar, flour
  2. Mike Adenuga, 65
    Net worth: $9.2 billion
    Origin of wealth: telecom, oil
  3. Nicky Oppenheimer, 73
    Net worth: $7.3 billion
    Origin of wealth: diamonds
  4. Nassef Sawiris, 57
    Net worth: $6.3 billion
    Origin of wealth: construction, chemicals
  5. Johann Rupert, 68
    Net worth: $5.3 billion
    Origin of wealth: luxury goods
  6. Issad Rebrab, 75
    Net worth: $3.7 billion
    Origin of wealth: food
  7. Naguib Sawiris, 64
    Net worth: $2.9 billion
    Origin of wealth: telecom
  8. Koos Bekker, 66
    Net worth: $2.3 billion
    Origin of wealth: media,investments
  9. Isabel dos Santos, 45
    Isabel dos Santos, daughter of Angola former president Agostinho dos Santos

    Net worth: $2.3 billion
    Origin of wealth: investments

  10. Mohamed Mansour, 70
    Net worth: $2.3 billion
    Origin of wealth: diversified
  11. Strive Masiyiwa, 57
    Net worth: $2.3 billion
    Origin of wealth: telecom
  12. Patrice Motsepe, 56
    Net worth: $2.3 billion
    Origin of wealth: mining
  13. Aziz Akhannouch
    Net worth: $2.1 billion
    Origin of wealth: petroleum, diversified
  14. Mohammed Dewji, 43
    Net worth: $1.9 billion
    Origin of wealth: diversified
  15. Othman Benjelloun, 86
    Net worth: $1.7 billion
    Origin of wealth: banking, insurance
  16. Abdulsamad Rabiu, 58
    Net worth: $1.6 billion
    Origin of wealth: cement, sugar
  17. Yasseen Monsour, 57
    Net worth: $1.5 billion
    Origin of wealth: diversified
  18. Youssef Mansour, 73
    Net worth: $1.2 billion
    Origin of wealth: diversified
  19. Folorunso Alakija, 68
    Net worth: $1.1 billion
    Origin of wealth: oil
  20. Michiel Le Roux, 69
    Net worth: $1.1 billion
    Origin of wealth: banking

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