Nigerian Billionaires Aliko Dangote and Rabiu Make Africa’s Richest List

• Nigerian Billionaire Aliko Dangote has topped the list of richest people in Africa by Forbes

• Abdulsamad Rabiu and Mike Adenuga were the two other people in the list that had 18 people

• Altogether, the continent’s richest people had a combined wealth of over $84 billion, up 15% from last year

Nigerian billionaires Aliko Dangote, Abdulsamad Rabiu, and Mike Adenuga have made the ranking of the richest people in Africa that was released by Forbes.

The three billionaires have a joint net worth of $27.6 billion, accounting for 32.5% of the wealth on the list.

According to the report, the wealth of African billionaires grew by 15% from last year, despite the effect of the pandemic.

The continent’s richest 18 people now have a combined wealth of $84.9 billion, credited to rally in the stock prices of their company.

Aliko Dangote of Nigeria was the richest person on the list, with an estimated net worth of $13.9 billion, up from $12.1 billion last year.

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Dangote is followed by Johann Rupert & Family ($11 billion), Nicky Oppenheimer ($8.7 billion), and Nassef Sawiris ($8.6 billion).

Abdulsamad Rabiu the second richest Nigerian on the list has a net worth of $7 billion, making him the fifth richest in Africa.

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