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10 RICHEST BILLIONAIRES IN AFRICA 2017 UPDATE



The dark continent Africa as it was called is reputated for being the   poorest continent in on earth,over 589 millions Africans particularly in the sub saharan regions live without electricity.Despite the availability of natural resources, there are areas with unavailability of clean water and food.Economy is low and standard of living are worser yet More than 20 billionaires in the world originates from Africa.
Here is a list of The 10 Most richest people in Africa


10Mohamed Mansour – Net worth: $2.7B


Mohamed Mansour  an Egyptian businessman also former politician. Chairman of the Mansour Group which is a $6 billion conglomerate and is  the second largest company in Egypt by revenue. The Mansour conglomerate is the largest general motor dealer worldwide and has sold right of distribution of GM's vehicles in egypt.In November 2016, Forbes estimated his wealth at $4.1B.He is Worth 2.7 billion USD (2017)

9Isabel dos Santos – Net worth: $3.5B


the Africa's richest woman Isabel dos Santos  is an Angolan businesswoman , She is also the daughter of Angola's former President José Eduardo dos Santos, who ruled the country from 1979 to 2017..  In 2013, according to research by Forbes, Her net worth was more than 3 billion US dollars, which placed her as the first Africa billionaire woman.According to forbes article in 2013 her wealth cames almost entirely from her family's power and connections.  She was also name  By BBC   as one of the 100 most influential women in the world. 


8Naguib Sawiris – Net worth: $3.9B


He is a Coptic-Egyptian billionaire businessman and chairman of Weather Investments's parent company, and chairman of Orascom Telecom Media and Technology Holding S.A.E
He made headlines recently for his benevolence when he offered to purchase an island from Italy or Greece to host refugees fleeing from the deadly conflict in Syria. However, both countries declined his offer. Sawiris made his money as the CEO of Orascom Telecom Media & Technology (OTMT) based out of Cairo. However, in December 2016, the billionaire stepped down from his position. Other investments of Naguib Sawiris include gold mining companies based out of other parts of Africa as well as Australia and Canada.

7Nathan Kirsh  – Net worth: $3.9B


Nathan Kirsh  is a South African-born Swazi billionaire businessman, with property spanning Australia, Swaziland, and the UK. He has Swazi citizenship, and according to Forbes he is the wealthiest person in Swaziland.  He also has residency status in the UK and the US.

6Issad Rebrab – Net worth: $4.31B


After graduating from a professional school, Issad taught accounting and commercial law.Soon  he left teaching, and started his own accounting firm.Issad Rebrab is the ceo of the CEVITAL industrial Group which is the largest private company in Algeria.This conglomerate owns one of the world’s largest sugar refineries and also active in steel,agribusiness and electronics.
 Issad is rank the 9th richest person in Africa with an estimated networth of $4.31 billion (June 2017)

5Mike Adenuga – Net worth: $5.1B


Michael Adeniyi Agbolade Ishola Adenuga Jr   is a Nigerian business tycoon, and is the second-richest person in Nigeria. Owner of the  company Globacom in Nigeria's which is second-largest telecom operator, and also has a presence in Ghana and Benin. Michael also owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly Consolidated Oil Company). Adenuga also established a real estate firm that sells hundreds of properties throughout Nigeria called Proline Investments.

4Nassef Sawiris – Net worth: $6.1B


nassef sawiris is an Egyptian billionaire businessman and is the youngest of Onsi Sawiris' three sons (his brothers are Naguib and Samih). He is noted for his charitable contributions  donated $20 million to his alma mater, the University of Chicago.He also established a scholarship program with the Illinois-based school in honor of his father, Onsi in 2015.Sawiris made his earning as the CEO of one of the largest nitrogen fertilizer production companies in the world, OCI. He also investments in Adidas and cement company, LafargeHolcim.

3Johann Rupert – Net worth: $6.9B


Johann Peter Rupert   is the eldest son of South African business tycoon Anton Rupert and his wife Huberte. He is now the chairman of the Swiss-based luxury-goods company Richemont as well as of the South Africa-based company Remgro. It was announced on 13 November 2009 that as of 1 April 2010, he would assume the position of Chief Executive Officer of Compagnie Financiere Richemont. Together with his family he was estimated to be worth $5.5 billion as of January 2017, and Forbes ranked him as the fourth richest African,


2Nicky Oppenheimer  – Net worth: $7.6B



Nicholas F. Oppenheimer   is a South African businessman and philanthropist of German Jewish descent. He was formerly the Chairman of De Beers diamond mining company and of its subsidiary, the Diamond Trading Company, and former Deputy Chairman of the Anglo American Corporation.Nicholas has spent a considerable amount of his fortune on various restoration projects around South Africa intended to preserve the land and wildlife. He is the 2nd richest African




1Aliko Dangote – Net worth: $12.1B


Aliko Dangote GCON   is a Nigerian billionaire, and owner of the Dangote Group, which has interests in commodities in Nigeria and other African countries, including Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania, and Zambia.His company produces commodities such as salt, sugar, and flour. However, most of Dangote’s fortunes comes from Dangote Cement. This cement giant produces 44 million tons annually and is projected to reach a 33% increase by 2020.

Dangote is ranked by Forbes magazine as the 67th richest person in the world and the richest in Africa, and peaked on the list as the 23rd richest person in the world in 2014. He surpassed Saudi-Ethiopian billionaire Mohammed Hussein Al Amoudi in 2013 by over $2.6 billion to become the world's richest person of African descent.


That was all about African richest billionaires.They are once bringing development to the dark continent.









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