{"id":207,"date":"2019-01-10T08:29:00","date_gmt":"2019-01-10T08:29:00","guid":{"rendered":"https:\/\/gospelhypers.com\/ginnaonline\/forbes-releases-2019-list-of-top-20-richest-men-in-africa-no-ghanaian-in-the-list\/"},"modified":"2019-01-10T08:29:00","modified_gmt":"2019-01-10T08:29:00","slug":"forbes-releases-2019-list-of-top-20-richest-men-in-africa-no-ghanaian-in-the-list","status":"publish","type":"post","link":"https:\/\/gospelhypers.com\/ginnaonline\/forbes-releases-2019-list-of-top-20-richest-men-in-africa-no-ghanaian-in-the-list\/","title":{"rendered":"Forbes Releases 2019 List of Top 20 Richest Men In Africa – No Ghanaian In The List"},"content":{"rendered":"
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The list has revealed that there were fewer and poorer billionaires on the African continent in 2019.
Nigeria\u2019s Aliko Dangote retained his place as the richest man in Africa on the newly released Forbes\u2019 list of African billionaires.<\/p>\n

He, however, lost almost $2bn compared to his last year\u2019s worth. Dangote\u2019s estimated $10.3 billion net worth is nearly $2 billion less than a year ago.<\/p>\n

The continent\u2019s second richest is Mike Adenuga, also of Nigeria, worth an estimated $9.2 billion.
Adenuga owns Globacom, which is Nigeria\u2019s third-largest mobile phone network, plus oil exploration firm Conoil Producing, extensive real estate holdings in Nigeria and a network of 12,000 cellphone towers. .<\/p>\n

His net worth has climbed dramatically from $5.3 billion in January 2018 as a result of more detailed information provided by him about his assets.<\/p>\n

In a per country ranking, Egypt and South Africa are tied with five billionaires each, followed by Nigeria with four and Morocco with two.<\/p>\n

Nigerian cement mogul Abdulsamad Rabiu, who runs and owns the BUA Group, returns to the list for the first time since 2015.<\/p>\n

He merged his Kalambaina Cement firm into publicly traded Cement Company of Northern Nigeria, which he controlled, in late 2018. Rabiu now owns 97% of the list entity.<\/p>\n

Kalambaina, which operates a new cement production facility, started selling cement in mid-2018.<\/p>\n

Separately, Rabiu\u2019s OBU Cement recently expanded its operations, adding a new production line.
Nigeria\u2019s Alakija owns a stake in one of the most productive oil fields in Nigeria, currently operated by Chevron. Her net worth dropped due a decline in the value of the oil field, in part because its production has leveled off.<\/p>\n

Altogether the 20 African tycoons are worth $68.7 billion, down from $75.4 billion for last year\u2019s list. However, the average net worth for each list member this year has climbed to $3.4 billion from $3.3 billion in early 2018.
Here are the richest Africa\u2019s Billionaires 2019<\/p>\n

#1 Aliko Dangote $10.3 B; Age \u2013 61; Source of Wealth: cement, sugar, flour
#2 Mike Adenuga $9.2 B; Age \u2013 65. telecom, oil
#3 Nicky Oppenheimer $7.3 B; Age \u2013 73. diamonds
#4 Nassef Sawiris $6.3 B; Age \u2013 57. construction, chemicals
#5 Johann Rupert $5.3 B; Age \u2013 68. luxury goods
#6 Issad Rebrab $3.7 B; Age \u2013 75. food
#7 Naguib Sawiris $2.9 B; Age \u2013 64. telecom
#8 Koos Bekker $2.3 B; Age \u2013 66. media, investments
#8 Isabel dos Santos $2.3 B; Age \u2013 45. investments
#8 Mohamed Mansour $2.3 B; Age \u2013 70. diversified<\/p>\n

#8 Strive Masiyiwa $2.3 B; Age \u2013 57. telecom
#8 Patrice Motsepe $2.3 B; Age \u2013 56. mining
#13 Aziz Akhannouch $2.1 B; Age \u2013 58. petroleum, diversified
#14 Mohammed Dewji $1.9 B; Age \u2013 43. diversified
#15 Othman Benjelloun $1.7 B; Age \u2013 86. banking, insurance
#16 Abdulsamad Rabiu $1.6 B; Age \u2013 58. cement, sugar
#17 Yasseen Mansour $1.5 B; Age \u2013 57. diversified
#18 Youssef Mansour $1.2 B; Age \u2013 73. diversified
#19 Folorunsho Alakija $1.1 B; Age \u2013 68. oil
#20 Michiel Le Roux $1.1 B; Age \u2013 69. banking<\/p>\n

 Kindly Share<\/p>\n

Credit::yabaleftonline<\/p>\n","protected":false},"excerpt":{"rendered":"

The list has revealed that there were fewer and poorer billionaires on the African continent in 2019.Nigeria\u2019s Aliko Dangote retained his place as the richest man in Africa on the newly released Forbes\u2019 list of African billionaires. He, however, lost almost $2bn compared to his last year\u2019s worth. Dangote\u2019s estimated $10.3 billion net worth is […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-207","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized"},"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\t\n