Nigeria’s Aliko Dangote retained his place as the richest man in Africa on the newly released Forbes’ list of African billionaires.

The Forbes list which was released yesterday, January 9 revealed that there were fewer and poorer
billionaires on the African continent in 2019.

Nigeria’s Aliko Dangote retained his place as the richest man in Africa on the newly released Forbes’ list of African billionaires.

He, however, lost almost $2bn compared to his last year’s worth. Dangote’s estimated $10.3 billion net worth is nearly $2 billion less than a year ago.

Another Nigerian, Folorunsho Alakija was one of the billionaires, who suffered a drop in their net worth between last year and this year, as she held No 19 on the 20-man list.

Forbes report that Alakija’s net worth dropped due to a decline in the value of one of Nigeria’s most productive oil fields. It is claimed that the decline can be partly blamed on the fact that the oil field’s production had levelled off. The rating magazine reports that Alakija’s net worth dropped due to a decline in the value of one of Nigeria’s most productive oil fields.

Mike Adenuga, the owner of Globacom, emerged Africa’s 5th richest man. Others are Nigeria’s cement mogul Abdulsamad Rabiu, who runs and owns the BUA Group, standing at number 16 on the list for the first time since 2015.

Here are the richest Africa’s Billionaires 2019

Aliko Dangote – $12.2 billion net worth

Nicky Oppenheimer – $7.7 billion net worth

Johann Rupert – $7.2 billion net worth

Nassef Sawiris – $6.8 billion net worth

Mike Adenuga – $5.3 billion net worth

Naguib Sawaris – $4 billion net worth

Issad Regrab – $4 billion net worth

Koos Becker – $2.8 billion net worth

Mohamed Mansour – $2.7 billion net worth

Patrice Motsepe – $2.4 billion net worth

Aziz Akhannouch – $2.2 billion net worth

Yasseen Mansour – $1.9 billion net worth

Strive Masiyiwa – $1.7 billion net worth

Othman Benjelloun – $1.6 billion net worth

Mohammed Dewji – $1.5 billion net worth

Youssef Mansour – $1.4 billion net worth

Stephen Saad – $1.2 billion net worth

Michiel Le Roux – $1.2 billion net worth

Onsi Sawiris – $1.2 billion net worth

Desmond Sacco – $1.1 billion net worth

Christoeffel Wiese – $1.1 billion net worth