Dangote Remains Africa’s Richest Man as Forbes Releases 2018 List of African Billionaires

Forbes has released its list of African billionaires for the year 2018, which features a combined net worth of $75.4 billion compared to $70 billion from 2017. Aliko Dangote, maintains the title of Africa’s Richest Man, for the eighth year in a row, with a whopping $10.3 billion, $1.9 million less than 2017.

CEO of Globacom, Mike Adenuga, rose from third position in the 2017 ranking to second, with a net worth of $9.2billion. Folorunsho Alakija shares the 19th position with Michiel Le Roux of Capitec Bank, South Africa, with a net worth of $1.1billion.
Other African billionaires that made the list include:
Nicky Oppenheimer (South Africa) – $7.3billion
Nassef Sawiris (Egypt)- $6.3billion
Johann Rupert (South Africa)- $5.3billion
Issad Rebrab (Algerian)- $3.7billion
Naguib Sawiris (Egypt)- $2.9billion
Koos Bekker (South Africa)- $2.3billion
Isabel dos Santos (Angola) – $2.3 billion
Mohammed Mansour (Egypt) – $2.3billion
Strive Masiyiwa (Zimbabwe) – $2.3billion
Patrice Motsepe (South Africa) – $2.3billion
Aziz Akhannouch (Morocco) – $2.1billion
Mohammed Dewji (Tanzania) – $1.9billion
Othman Benjelloun (Morocco) – $1.7billion
Abdulsamad Rabiu (Nigeria) – $1.6billion
Yasseen Mansour (Egypt) – $1.5billion
Youssef Mansour (Egypt) – $1.2billion
Michiel Le Roux (South Africa) – $1.1billion