Aliko
Dangote, $14.4 billion
Nigerian,
Sugar, Cement, Flour
Aliko Dangote of Nigeria is Africa’s richest man for the
8th year. He is the founder and chairman of Dangote Cement, the continent’s
largest cement producer. Dangote Cement now owns plants in Cameroon, Ethiopia,
Zambia and Tanzania and produces more than 30 million metric tons annually. His
conglomerate, the Dangote Group, also has business interests in sugar, flour
and salt production.
Mike
Adenuga, $9.9 billion
Nigerian,
Oil, Telecoms
Nigerian billionaire Mike Adenuga is now the second
richest black person in the world, thanks to new information from analysts on
the value of his mobile telecom company, Globacom, and his oil production
company, Conoil Producing.
Mohammed
Al-Amoudi, $8.4 billion
Saudi
Arabian, Oil
Saudi tycoon Mohammed Al-Amoudi made his first fortune
in construction in Saudi Arabia and reinvested in construction, agriculture,
and energy companies across Sweden, Saudi Arabia and Ethiopia. He owns Preem,
an oil refining company as well oil fields off West Africa and gold mines in Ethiopia.
Isabel
Dos Santos, $3.1 billion
Angolan,
Investments
The world’s richest black woman is also the oldest
daughter of Angola’s president, Jose Eduardo dos Santos. She owns lucrative
stakes in blue-chip Angolan companies such as Unitel, the country’s largest mobile
phone network, and a stake in Banco BIC. She is also a controlling shareholder
of Portuguese cable TV and telecom firm Nos SGPS (formerly called Zon).
Oprah
Winfrey, $3.1 billion
American,
Television
Oprah, once the queen of daytime TV, is still the
richest African-American person in the world. Her once struggling cable
channel, OWN (Oprah Winfrey Network) is now cash flow positive and is enjoying
soaring ratings on the back of a series of successful sitcom and drama
collaborations with director Tyler Perry. She also owns a 10% stake in Weight
Watchers.
Robert
Smith, $2.5 billion
American,
Private Equity
Smith is the founder of Vista Equity Partners, a private
equity shop that has an impressive portfolio of leading enterprise software
companies such as Websense, Applied Systems and Mediaocean.
Femi
Otedola, $1.85 billion
Nigerian,
Gas stations, Utilities
Femi Otedola is Nigeria’s 3rd richest man. He owes his
fortune to his controlling shareholding of Forte Oil PLC, one of Africa’s
largest energy companies. The $2.1 billion (Market capitalization) company owns
gas stations and fuel storage depots and manufactures its own line of engine
oils. Forte also has interests in power generation.
Folorunsho
Alakija, $1.55 billion
Nigerian,
Oil
Nigeria’s only female billionaire is the founder of
Famfa Oil, a Nigerian company that owns a substantial participating interest in
OML 127, a lucrative oil block on the Agbami deep-water oilfield in Nigeria.
Alakija started off as a secretary in a Nigerian merchant bank in the 1970s,
then quit her job to study fashion design in England. Upon her return, she
founded a Nigerian fashion label that catered to upscale clientele, including
Maryam Babangida, wife to Nigeria’s former military president Ibrahim
Babangida.
Patrice
Motsepe, $1.15 billion
South
African, Mining
South Africa’s first black billionaire, Patrice Motsepe
has lost $1 billion since last year due to a sharp decline in the stock price
of his mining company African Rainbow Minerals–which mines and processes iron,
manganese, chrome, platinum, copper, nickel, coal and gold. Motsepe also has a
stake in Sanlam, a listed financial services firm, and is the president and
owner of the Mamelodi Sundowns Football Club.
Michael
Jordan, $1.14 billion
American,
Basketball
Basketball’s greatest player is the majority shareholder
of Charlotte Bobcats and enjoys lucrative deals with the likes of Gatorade,
Hanes and Upper Deck. His biggest pile comes from Brand Jordan, a $1 billion
(sales) sportswear partnership with Nike.
Abdulsamad
Rabiu, $1.1 billion
Nigerian,
Cement, Sugar
Rabiu is the founder of BUA Group, a Nigerian
conglomerate with interests in sugar refining, cement production, real estate,
steel, port concessions, manufacturing, oil gas and shipping. BUA Group’s
annual revenues are estimated at over $2 billion. Abdulsamad got his start in
business working for his father, Isyaku Rabiu, a successful businessman from
Nigeria’s Northern region. He struck out on his own in 1988, importing rice,
sugar, edible oils as well as steel and iron rods.
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