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GC Posted On: May 09, 2020

Aliko Dangote remains Africa’s richest person for the 9th consecutive year according to Forbes.
And for the ninth successive year in a row, popular African business tycoon and owner of the Dangote group of companies, Aliko Dangote, remains the wealthiest black person on earth, as revealed by Forbes Africa’s Billionaires list for 2020.

In the recently published rankings, Forbes also disclosed the continued presence of some long-standing billionaires, including Nassef Sawiris of Egypt and Strive Masiyiwa of Zimbabwe amongst other renowned continental business figures.

Below is the list of other Black Billionaires and their worth.
1. Aliko Dangote $10.1 billion

2. Nassef Sawiris $8 billion

3. Mike Adenuga $7.7 billion

4. Nicky Oppenheimer $7.7 billion

5. Johann Rupert $6.5 billion

6. Issad Rebrab $4.4 billion

7. Mohamed Mansour $3.3 billion

8. Abdulsamad Rabiu $3.1 billion

9. Naguib Sawiris $3 billion

10. Patrice Motsepe $2.6 billion

11. Koos Bekker – $2.5 billion

12. Yasseen Mansour – $2.3 billion

13. Isabel dos Santos – $2.2 billion

14. Youssef Mansour – $1.9 billion

15. Aziz Akhannouch – $1.7 billion

16. Mohammed Dewji – $1.6 billion

17. Othman Benjelloun – $1.4 billion

18. Michiel Le Roux – $1.3 billion

19. Strive Masiyiwa – $1.1 billion

20. Folorunsho Alakija – $1 billion

Observing the list closely and one would notice a sudden gulf between the first five names on the list and the rest of the chasing pack. In fact, the difference between the fortunes of the fifth-placed billionaire (Johann Rupert, $6.5 bn) and the sixth-placed name (Issad Rebrab, $4.4 bn) is more than half the wealth of the seventh-placed billionaire (Mohamed Mansour, $3.3 bn).

Such is the distance between the wealth of Africa’s top five wealthiest men and the rest of the continent.

Completing the list is the wealthiest woman in Nigeria, Folorunsho Alakija. With an estimated net worth of $1 bn, Alakija comfortably occupies the 20th position on the list.

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