Nigeria’s business mogul, Alhaji Aliko Dangote
topped the list of 40 wealthiest African released
yesterday by Forbes magazine.
Dangote of Nigeria, with a $10.1 billion fortune led
the pack in the inaugural Forbes list, which
featured at least seven other Nigerian wealthy
men.
Behind Dangote in the number two position is
South African diamond magnate, Nicky
Oppenheimer, with a $6.5 billion fortune.
Dangote and Oppenheimer are two of 16
billionaires among Africa’s 40 richest. The list
showed Egypt as having the largest number of
billionaires in Africa, with 7 (primarily from two
families—the Sawiris and Mansours).
South Africa, the African country with the biggest
gross domestic product (an estimated $357
billion in 2010), is second with 4 ten-figure
fortunes but it has bragging rights as home to the
most list members—15. Egypt comes in second
with 9 list members while Nigeria has 8.
The list featured no woman. All 40 richest are
men with an average of 61.
Nigeria’s Mike Adenuga, whose fortune comes
from his telecom company, Globacom and his oil
firm, Conoil is fifth on the list with a $4.3 billion
fortune.
The founder of Zenith bank International Plc, Jim
Ovia is 17th on the list with a $775 million
fortune. He is followed by former defence
minister, Theophilus Danjuma with $600 million
fortune as number 21st.
Other Nigerians rich men on the list are: Chairman
of Honeywell Group, Oba Otudeko who is 24th
with $550 million. Otudeko is followed as
number 28th by Hakeem Belo-Osagie with
$450million.
Chairman of BUA Group, Abdulsamad Rabiu and
Maiduguri-based Chairman of Oriental Energy
Resources, Mohammed Indimi came 29th and
30th with $400 million and $330 million fortunes
respectively.
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