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 (ÂŁ6.4bn).
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
-
Mary Anane Awuku rejects caning, advocates counselling and parental involvement
2 minutes -
Many people don’t like sharing their success tips – Mary Anane Awuku
4 minutes -
Resurrection of GN Savings and Loans will be tough – Joe Jackson
6 minutes -
SanlamAllianz Life sponsors four Ghanaian athletes for 2026 Cape Town Marathon
8 minutes -
2026 Legacy Expo comes off on June 3, 2026
14 minutes -
CBG deepens financial inclusion drive with expansion of agency banking network
21 minutes -
Non-Performing Loans decline to 18% nut elevated risk remains – BoG
25 minutes -
Cocoa farmers in Ahondwo area appeal for clinic, support services
30 minutes -
Building collapse kills at least 9 people in Morocco’s Fez
31 minutes -
Congo police fire warning shots in burial dispute after suspected Ebola death
34 minutes -
Security officers involved in galamsey will face the law — Lands Ministry
36 minutes -
Keta MCE supports Keta FC with GH¢10,000 ahead of Middle LeagueÂ
36 minutes -
Livestream: JoyNews National Dialogue on Ghana’s youth and climate change
38 minutes -
Wontumi’s fate near as court gives final deadline for witnesses
39 minutes -
We have done no wrong – Group Ndoum says following court victory
41 minutes