Monday, October 07, 2013

Rich Africa?

Ventures magazine African billionaire roll, published a list of 55 people with fortunes of more than $1bn, up from previous estimates of 16-25 billionaires. Most of the super-rich live in Nigeria and South Africa.

The richest person in Africa is Aliko Dangote, a Nigerian businessman involved in cement, food, oil and other sectors with an estimated personal fortune of more than $20bn. Allan Gray, the publicity-shy South African financier, is the second richest, with assets worth at least $8.5bn. Mike Adenuga, a Nigerian involved in the oil and telecoms industries, has an estimated fortune of $8bn, according to Ventures.

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