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Mike Adenuga is now the second richest man in Africa after Dangote

written by Samuel Etuk March 3, 2016
Mike Adenuga is now the second richest man in Africa after Dangote

There are 24 African billionaires this year, down from 28 in 2015. And according to Forbes, Nigerian businessman Mike Adenuga is the biggest gainer among the African billionaires. He is now worth $10 billion, up from $4 billion a year ago.Nigerias-Richest-Men

The significant jump in Adenuga’s fortune according to Forbes is attributable to new information on the value of his telecom, oil and real estate holdings. Angolan investor Isabel dos Santos and oil tycoon Folorunsho Alakija of Nigeria still remain the only two female billionaires on the continent.

See the top 23 richest people in Africa…

Aliko Dangote, Nigerian
Net Worth: $14.4 billion
Source Of Wealth: Cement, flour, sugar, salt

Mike Adenuga, Nigerian 

Net Worth: $10 billion
Source Of Wealth: Telecom, Oil, Real Estate

Nicky Oppenheimer, South African

Net Worth: $6.6 billion

Source Of Wealth: Diamonds

Christoffel Wiese, South African

Net Worth: $6.2 billion
Source Of Wealth: Retailing

Johann Rupert, South African

Net Worth: $5.3 billion
Source Of Wealth: Luxury Goods

Nassef Sawiris, Egyptian
Net Worth: $4.1 billion
Source Of Wealth: Construction, Chemicals

Nathan Kirsch, Swazi

Net Worth: $3.7 billion
Source Of Wealth: Retail

Isabel dos Santos, Angolan

Net Worth: $3.1 billion
Source Of Wealth: Investments

Issad Rebrab, Algerian

Net Worth: $3.1 billion
Source of Wealth: Food

Naguib Sawiris, Egyptian

Net Worth: $3 billion
Source Of Wealth: Telecom

Mohammed Mansour, Egyptian

Net Worth: $2.5 billion
Source Of Wealth: Diversified

Othman Benjelloun, Moroccan

Net Worth: $1.9 billion
Source Of Wealth: Banking, Insurance

Mohamed Al Fayed, Egyptian

Net Worth: $1.9 billion
Source Of Wealth: Retailing

  1. Femi Otedola, NigerianNet Worth: $1.85 billion

Youssef Mansour, Egyptian

Net Worth: $1.73 billion
Source: Diversified

Folorunsho Alakija, Nigerian

Net Worth: $1.55 billion
Source Of Wealth: Oil

Allan Gray, South African

Net Worth: $1.49 billion
Source Of Wealth: Money Management

Koos Bekker, South African

Net Worth: $1.47 billion
Source Of Wealth: Media, Investments

Yasseen Mansour, Egyptian

Net Worth: $1.39 billion
Source Of Wealth: Diversified
20. Aziz Akhannouch, Moroccan
Net Worth: $1.25 billion
Source Of Wealth: Petroleum, Diversified

Patrice Motsepe, South African

Net Worth: $1.15 billion
Source Of Wealth: Mining

Abdulsamad Rabiu, Nigerian

Net Worth: $1.1 billion
Source Of Wealth: Diversified

Onsi Sawiris, Egyptian

Net Worth: $1.09 billion
Source Of Wealth: Construction, Telecom
24. Mohammed Dewji, Tanzanian
Net Worth: $1.09 billion
Source Of Wealth: Diversified

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Samuel Etuk

Passionate unapologetic Nigerian, highly spontaneous, web content writer cum social media strategist, gidi hustler and Akwa-ibomite in diaspora

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