By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: Dangote Maintains Africa’s Richest Man in Latest Forbes’ Ranking
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > News > Dangote Maintains Africa’s Richest Man in Latest Forbes’ Ranking
Dangote Reiterates Commitment to Women Empowerment
News

Dangote Maintains Africa’s Richest Man in Latest Forbes’ Ranking

Fesadeb
Last updated: 2021/05/11 at 7:51 AM
Fesadeb Published May 11, 2021
Share
Dangote Reiterates Commitment to Women Empowerment
SHARE

•Adenuga, Rabiu ranked 5th, 6th

For the tenth time, Nigeria’s entrepreneurial giant and richest black man on earth, Mr. Aliko Dangote, has retained his position as the richest man in Africa with a net worth of $12.1 billion, according to the 2021 edition of the Forbes’ Top 10 Africa’s Billionaires List.

Dangote’s current net worth is higher than his 2020 $10.1 billion net worth by $2 billion.

In the list seen by THISDAY, two other Nigerian business gurus– the Founder of Globacom, Chief Mike Adenuga, and Chairman of BUA Group, Mr. Abdul Samad Rabiu, emerged the fifth and sixth on the list, with $6.3 billion and $5.5 billion net worth, respectively.

Dangote, whose business interest cuts across cement and sugar manufacturing, as well as petroleum refining, surpassed the second-placed Sawiris in net worth by $3.6 billion according to THISDAY’s analysis of the rankings.

Also, the analysis showed that Dangote’s net worth is higher than that of Adenuga and Rabiu by $5.8 billion and $6.6 billion respectively.

However, Egyptian investor, Nassef Sawiris, ranked second with a net worth of $8.5 billion, while two South African business moguls, Nicky Oppenheimer and Johann Rupert, emerged third and fourth respectively on the list with $8 billion and $7.2 billion net worth.

Algerian billionaire businessman and Chief Executive Officer of the Cevital Industrial Group, Issad Rebrab, is the seventh on the list with a net worth of $3.2 billion, while, another Egyptian (Nassef Sawiris’ brother), Naguib Sawiris, who is the Chairman and Chief Executive Officer of Orascom Telecom Media and Technology Holding was ranked eighth with a net worth of $3.2 billion.

Two other South Africans, Patrice Motsepe of African Rainbow Minerals and the Chairman of Media Group Naspers, Koos Bekker, emerged ninth and tenth with $3 billion and $2.8 billion respectively.

Source : ThisDay

You Might Also Like

David Mark Warns Benue Residents May Take Up Arms if Security Fails

FCCPC Summons Air Peace Over Unpaid Refunds in Flight Cancellations

Over 6,500 Displaced in Benue Attacks, NEMA Confirms

Oil Prices Decline as Middle East Conflict Shows Signs of Containment; Gold Nears Record High

Missile Barrage from Iran Damages U.S. Embassy in Tel Aviv; No Injuries Reported

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

TAGGED: Dangote
Fesadeb May 11, 2021 May 11, 2021
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?