Nigerian Billionaire Aliko Dangote Has Topped The 2022 List Of Africa’s Richest Persons For The 11th Year In A Row [Check List]


Nigerian billionaire Aliko Dangote has topped the 2022 list of Africa’s richest persons for the 11th year in a row, Forbes magazine said in a report.


Dangote’s wealth jumped from $12.1 billion last year to an estimated $13.9 billion.


Forbes attributed the growth to a 30% increase in the stock price of Dangote Cement, his most valuable asset.

“A surge in housing developments in Nigeria and growth in government infrastructure spending drove higher demand in the first nine months of 2021,” the magazine said.


Two other Nigerian billionaires – Abdulsamad Rabiu and Mike Adenuga – ranked 6th and 7th richest persons on the continent with estimated values of $7 billion and $6.7 billion respectively.

The report added that Africa’s billionaires were richer than they had been in years, despite the global pandemic.


As a group, the continent’s 18 billionaires were worth an estimated $84.9 billion – a 15 per cent increase from twelve months ago and the most since 2014, when a larger number of billionaires–28–were worth a combined $96.5 billion.


Below are the full lists of Africa richest people

1 Aliko Dangote - $13.9 B 64   cement, sugar

2 Johann Rupert - $11 B    71     luxury goods

3 Nicky Oppenheimer - $8.7 B  76   diamonds

4 Nassef Sawiris - $8.6 B  61 construction, investments

5 Abdulsamad Rabiu - $7 B  61   cement, sugar

6 Mike Adenuga  -  $6.7 B  68     telecom, oil

7 Issad Rebrab - $5.1 B    78     food

8 Naguib Sawiris - $3.4 B  67   telecom

9 Patrice Motsepe - $3.1 B 59   mining

10 Koos Bekker - $2.7 B    69   media,investments

11 Strive Masiyiwa - $2.7 B    60  telecom

12 Mohamed Mansour - $2.5 B    74    diversified

13 Aziz Akhannouch -   $2.2 B    61  petroleum, diversified

14 Michiel Le Roux - $1.7 B    72     banking

15 Othman Benjelloun - $1.5 B  89  banking, insurance

16 Mohammed Dewji  - $1.5 B    46  diversified

17 Youssef Mansour - $1.5 B    76  diversified

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