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  • Forbes Africa Billionaires list: Aliko Dangote remains Africa’s richest person
  • The President/CEO of Dangote Group, Aliko Dangote is still Africa's richest person for the ninth time in a row, as disclosed in Forbes Africa’s Billionaires list for 2020.

    The recently released list captured only eight African countries with billionaires; Egypt and South Africa have five billionaires each, followed by Nigeria with four and Morocco with two.

    The Nigerian-born businessman maintained the number spot on the list with a net worth of $10.1 billion, beating Egyptian billionaire, Nassef Sawiris who took the second spot with a net worth of $8 billion. Dangote made his fortune from cement, oil and gas, flour and sugar.

    Mike Adenuga who is Nigeria's second richest man tied at the third spot with South Africa’s Nicky Oppenheimer with a net worth of $7.7 billion. Adenuga made his fortune from banking, oil production and telecom. His mobile phone network, Globacom is Nigeria’s third-largest operator.

    South African businessman and Chairman of Swiss luxury goods firm Compagnie Financiere Richemont, Johann Rupert took the 5th spot with a net worth of $6.5 billion. His company is best known for its brands, Cartier and Montblanc.

    Nigeria’s richest woman, Folorunsho Alakija took the last spot on the list with a net worth of $1 billion.

    See the full list below:
    Aliko Dangote $10.1 billion
    Nassef Sawiris $8 billion
    Mike Adenuga $7.7 billion
    Nicky Oppenheimer $7.7 billion
    Johann Rupert $6.5 billion
    Issad Rebrab $4.4 billion
    Mohamed Mansour $3.3 billion
    Abdulsamad Rabiu $3.1 billion
    Naguib Sawiris $3 billion
    Patrice Motsepe $2.6 billion
    Koos Bekker – $2.5 billion
    Yasseen Mansour – $2.3 billion
    Isabel dos Santos – $2.2 billion
    Youssef Mansour – $1.9 billion
    Aziz Akhannouch – $1.7 billion
    Mohammed Dewji – $1.6 billion
    Othman Benjelloun – $1.4 billion
    Michiel Le Roux – $1.3 billion
    Strive Masiyiwa – $1.1 billion
    Folorunsho Alakija – $1 billion

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