Audio By Carbonatix
A Nigerian construction mogul has topped a list of Africa's richest people.
Aliko Dangote, with a stake in Dangote Cement and interests in flour milling and sugar refining, has a fortune of $10.1bn (£6.4bn).
Forbes magazine's inaugural list of the 40 richest people in Africa put South Africa's Nicky Oppenheimer at number two with $6.5bn.
The total wealth of the list is $64.9bn.
By comparison, the wealthiest 40 people in Taiwan are worth $92.7bn.
The average age of those on the African list - which contains no women - is 61.
Mr Dangote and Mr Oppenheimer, of diamond miners De Beers, are two of 16 billionaires on the list.
De Beers recently agreed a $5.1bn deal to sell the Oppenheimer family's 40% stake to Anglo American.
Egypt has the most billionaires, with seven coming from two families, the Sawiris and Mansours, according to Forbes.
Forbes said it had reached the values using stock prices for publicly-traded companies and estimates of revenues or profits for the many privately-held businesses.
The magazine ignored dispersed family fortunes, such as the Chandaria family of Kenya.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Sogakope Circuit Court jails farmer 15 years for incest, defilement
2 hours -
2028 is not a normal election – Amewu explains why NPP needs Kennedy Agyapong
2 hours -
The whole nation wants Kennedy – Amewu makes strong case for Agyapong
2 hours -
31-year-old illegal miner sent to prison over theftÂ
3 hours -
Court remands GPHA staff over stolen tugboat
3 hours -
Attendance at trial is a constitutional duty, not an option
4 hours -
RTI response raises questions over Bryan Acheampong’s military service claims
4 hours -
Two women granted bail over assault of 12-year-old; another remanded
4 hours -
Ghana’s IMF programme extension to August 2026 was to allow more time for final review work – IMF
4 hours -
No records of Bryan Acheampong’s enlistment and release from the US Army – Parliament says in RTI response
4 hours -
Daasebre Osei Bonsu III swears oath of allegiance to Asantehene and pledges unity and development for Asante Mampong
5 hours -
We had fruitful deliberations with private transport operators – Transport Minister
5 hours -
45-year-old farmer jailed 15 years for sexually abusing 14-year-old niece
5 hours -
Lawrence Ofori joins Casa Pia after mutually parting ways with Moreirense
5 hours -
Brazil have talent for World Cup, but victory not guaranteed – ESPN’s Bertozzi
5 hours
