Africa’s richest man, Aliko Dangote maintained his position on the newly released Forbes’ list of African billionaires, even as he lost almost $2bn compared to his worth last year.
Nigeria’s telecommunications guru, Mike Adenuga, emerged the continent’s second richest man with an estimated net worth of $9.2 billion.
The Founder and Executive Chairman, Famfa Oil Limited, Mrs Folorunsho Alakija, whose net worth dropped to $1.1bn from $1.3bn, was ranked 19th.
Nigeria’s Aliko Dangote has retained his place as the richest man in Africa.
Forbes has released Africa’s Richest List for the year 2018 and it sees some surprises.
Mrs. Alakija’s first company was a fashion label, whose customers included former military President Ibrahim Babangida and his wife, the late Maryam.
For the eighth year in a row, Nigerian industrial tycoon Aliko Dangote ranked as the richest man in Africa with an estimated net worth of $10.2 billion.
Business Tycoon, Alhaji Aliko Dangote, may have retained his spot as Africa’s money bag with an estimated worth of $10.3bn, closely followed by Globacom chairman, Mike Adenuga ($9.2bn), but according to the latest ranking by Forbes, Dangote’s esti...