Dangote remains Africa’s richest billionaire for 12 years

Alade Abayomi ADeleke
Alade Abayomi ADeleke

Forbes lists Dangote as Africa’s richest billionaire, while, South Africa’s Johann Rupert family takes the second spot in 2023.


Dangote, worth $19 billion, has remained Africa’s richest person for 12 years in a row and South African luxury goods merchant, Johann Rupert clings onto the second position for the second year with about $10.7 billion.


According to Forbes, Africa’s billionaires lost a combined $3.1 billion in the last 12 months.


Billionaires from seven out of 54 African countries made the Forbes list. Three Nigerians dominate Africa Per Forbes list, Aliko Dangote, Nigeria’s richest man and an industrialist, who lost $400 million saw his fortune stand at $13.5 billion.


Although, the recent Forbes report differs from Bloomberg Billionaires Index where Dangote dropped to the 84th position from the 80th position he occupied in January and lost about $8 million.


Three Nigerians dominate the latest list with BUA Group’s Chairman, Abdul Samad Rabiu taking the 4th position worth $7.6 billion, while Globacom’s Mike Adenuga clinches the 6th position with $6.3 billion.


The top billionaires on the Forbes list are:


1. Aliko Dangote: $13.5bn

2. Johann Rupert & family: $10.7bn

3. Nicky Oppenheimer & family: $8.4bn

4. Abdulsamad Rabiu: $7.6bn

5. Nassef Sawiris: $7.3bn

6. Mike Adenuga: $6.3bn

7. Issad Rebrab & family: $4.6bn

8. Naguib Sawiris: $3.3 bn

9. Patrice Motsepe: $3.2bn

10. Mohamed Mansour: $2.9bn

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