…Dangote is worth $24.4 billion, ranks 88th globally
• Since first appearing on Forbes’ list in 2008, Dangote has remained a fixture, reclaiming his spot in 2011 and holding the title of Africa’s richest man for 14 consecutive years. His fortune, largely driven by cement, sugar, and the landmark petroleum refinery launched in 2023, has reinforced his role as a symbol of Nigeria’s industrial strength…
Nigeria born Africa’s wealthiest man and Chairman of Dangote conglomerate, Aliko Dangote, has again maintained lead as Africa’s wealthiest man, topping Forbes’ Real-time Billionaires List with a net worth of $24.4 billion and ranking 88th globally.
Forbes latest ranking was released over the weekend, showcasing Dangote’s undisputable lead in Africa’s wealth hierarchy.
Others who couldn’t maintain status anywhere near his fortune, but got mentioned in the list of wealthiest billionaires include Abdulsamad Rabiu, with a net worth of $7.2 billion. He emerged as the 516th world’s richest man, while Mike Adenuga took 592nd position with a net worth of $6.3 billion.
Since first appearing on Forbes’ list in 2008, Dangote has remained a fixture, reclaiming his spot in 2011 and holding the title of Africa’s richest man for 14 consecutive years. His fortune, largely driven by cement, sugar, and the landmark petroleum refinery launched in 2023, has reinforced his role as a symbol of Nigeria’s industrial strength.
And, as Dangote leads, other Nigerian billionaires continue to secure their places. Rabiu, with his business strength well pronounced in cement and sugar, and Adenuga, with investments in telecommunications and oil, remain prominent players.
Top Billionaires from other African Countries:
In South Africa, luxury goods tycoon Johann Rupert tops the chart at $13.2billion, followed by former diamond boss Nicky Oppenheimer, with $10.4billion.
Others include: Koos Bekker with $3.8billion; mining magnate, Patrice Motsepe with $3.4billion; banker, Michiel le Roux, with $2.7billion; Jannie Mouton and family with $1.9billion, and retail investor, Christoffel Wiese with $1.7billion.
Egypt’s wealthy cohort is headlined by Nassef Sawiris ($8.8billion) and Naguib Sawiris ($5.0billion).
The Mansour brothers, Mohamed ($3.4billion), Youssef ($1.4billion), and Yasseen ($1.2billion), complete the country’s strong showing.
Beyond the three dominant nations, Eswatini’s Nathan Kirsh holds a net worth of $8.0billion.
In the North African region, Morocco contributes three names: Othman Benjelloun & family ($2.0billion), Aziz Akhannouch ($1.6billion), and Anas Sefrioui & family ($1.6billion).
While Tanzania’s Mohammed Dewji is worth $2.2billion, Zimbabwe’s Strive Masiyiwa has $1.3billion.
The Pinnacle Times
