Dangote Retains Africa’s Richest Person With $13.9bn Value

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For the 11th year in a row, the president of Dangote Industries Limited, Aliko Dangote retained the continent’s richest person, worth an estimated $13.9 For the 11th year in a row, the president of Dangote Industries Limited, Aliko Dangote retained the continent’s richest person, worth an estimated $13.9 billion.

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Similarly, the report said, South African Nicky Oppenheimer, who formerly ran diamond mining firm DeBeers before selling it to mining firm Anglo American a decade ago, ranks number three, and worth an estimated $8.7 billion.It noted further that, “Strive Masiyiwa of Zimbabwe became the biggest gainer in percentage terms, up by 125 per cent worth $2.7 billion, up from $1.2 billion last year.

The report pointed out that, “only two of the 18 billionaires are worth less than last year: Koos Bekker of South Africa, who dropped to $2.7 billion from $2.8 billion as the share prices of consumer Internet firms Naspers and Prosus fell more than 20 per cent each, and Mohammed Dewji of Tanzania, whose fortune declined to an estimated $1.5 billion from $1.6 billion a year ago due to lower multiples for publicly traded competitors.

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