Mike Adenuga becomes Africa’s 2nd richest man after Aliko Dangote

According to Forbes, there are 24 African billionaires this year, down from 28 in 2015, Nigerian businessman Mike Adenuga is the biggest gainer among the African billionaires. He is now worth $10 billion, up from $4 billion a year ago. The significant jump in Adenuga’s fortune according to Forbes is attributable to new information on the value of his telecom, oil and real estate holdings.

Angolan investor Isabel dos Santos and oil tycoon Folorunsho Alakija of Nigeria still remain the only two female billionaires on the continent. See the top 24 richest people in Africa after the cut...

1.            Aliko Dangote, Nigerian 
Net Worth: $14.4 billion
Source Of Wealth: Cement, flour, sugar, salt

2.            Mike Adenuga, Nigerian

          Net Worth: $10 billion
          Source Of Wealth: Telecom, Oil, Real Estate

3.            Nicky Oppenheimer, South African

          Net Worth: $6.6 billion
          Source Of Wealth: Diamonds

4.            Christoffel Wiese, South African

          Net Worth: $6.2 billion
          Source Of Wealth: Retailing

5.            Johann Rupert, South African

          Net Worth: $5.3 billion
        Source Of Wealth: Luxury Goods

6.            Nassef Sawiris, Egyptian 
Net Worth: $4.1 billion
Source Of Wealth: Construction, Chemicals

7.            Nathan Kirsch, Swazi

          Net Worth: $3.7 billion
          Source Of Wealth: Retail

8.            Isabel dos Santos, Angolan

          Net Worth: $3.1 billion
          Source Of Wealth: Investments

9.            Issad Rebrab, Algerian

          Net Worth: $3.1 billion
         Source of Wealth: Food

10.          Naguib Sawiris, Egyptian

          Net Worth: $3 billion
          Source Of Wealth: Telecom

11.          Mohammed Mansour, Egyptian

           Net Worth: $2.5 billion
           Source Of Wealth: Diversified

12.          Othman Benjelloun, Moroccan

           Net Worth: $1.9 billion
           Source Of Wealth: Banking, Insurance

13.          Mohamed Al Fayed, Egyptian

           Net Worth: $1.9 billion
           Source Of Wealth: Retailing

14.          Femi Otedola, Nigerian

Net Worth: $1.85 billion

15.          Youssef Mansour, Egyptian

           Net Worth: $1.73 billion
           Source: Diversified

16.          Folorunsho Alakija, Nigerian

           Net Worth: $1.55 billion
           Source Of Wealth: Oil

17.          Allan Gray, South African

           Net Worth: $1.49 billion
           Source Of Wealth: Money Management

18.          Koos Bekker, South African

           Net Worth: $1.47 billion
           Source Of Wealth: Media, Investments

19.          Yasseen Mansour, Egyptian

           Net Worth: $1.39 billion
          Source Of Wealth: Diversified

           20.     Aziz Akhannouch, Moroccan
           Net Worth: $1.25 billion
           Source Of Wealth: Petroleum, Diversified

21.          Patrice Motsepe, South African

          Net Worth: $1.15 billion
          Source Of Wealth: Mining

22.          Abdulsamad Rabiu, Nigerian

          Net Worth: $1.1 billion
          Source Of Wealth: Diversified

23.          Onsi Sawiris, Egyptian

          Net Worth: $1.09 billion
          Source Of Wealth: Construction, Telecom

24.    Mohammed Dewji, Tanzanian
Net Worth: $1.09 billion
Source Of Wealth: Diversified