Finance

23 Africans in Forbes 2016 world billionaires ranking

Wednesday, 02 March 2016 16:38

23 Africans have been listed in the 2016 edition of the world billionaire ranking published by Forbes on March 1, 2016. The top two of this list are Nigerians.

6 of the African listed in the ranking in 2015 exited it this year. These are Stephen Saad (South Africa); Onsi Sawiris (Egypt), Miloud Chaabi (Moroocco) Samih Sawiris (Egypt), Sudhir Ruparelia (Uganda) and Rostam Aziz (Tanzania) whose respective fortunes dropped below a billion dollars.

Here is the ranking listing the 23 African with a fortune exceeding the billion dollars :

1)    Aliko Dangote (photo): $15.4 billion (Nigeria)

2)    Mike Adenuga: $10 billion (Nigeria)

3)    Nicky Oppenheimer: $6.6 billion (South Africa)

4)    Christoffel Wiese: $5.8 billion (South Africa)

5)    Johann Rupert: $5.3 billion (South Africa)

6)    Nassef Sawiris : $3.7 billion (Egypt)

7)    Nathan Kirsh : $3.7 billion (Swaziland)

8)    Issad Rebrab : $3.1 billion(Algeria)

9)    Isabelle Dos Santos : $3 billion (Angola)

10)  Naguibs Sawiris : $3 billion (Egypt)

11) Mohamed Mansour : $2.5 billion (Egypt)

12) Mohamed Al Fayed : $1.9 billion (Egypt)

13) Othman Benjelloun : $1.9 billion (Morocco)

14) Femi Otedola: $1.8 billion (Nigeria)

15) Youssef Mansour: $1.7 billion (Egypt)

16) Folorunsho Alakija: $1.6 billion (Nigeria)

17) Allan Gray : $1.6 billion (South Africa)

18) Yasseen Mansour: $1.4 billion (Egypt)

19) Koos Bekker: $1.4 billion (South Africa)

20) Aziz Akhannouch: $1.3 billion (Morocco)

21) Abdulsamad Rabiu: $1.1 billion (Nigeria)

22) Patrice Motsepe : $1.1 billion (South Africa)

23) Mohammed Dewji: $1.1 billion (Tanzania)

At the global level, the number of billionaires dropped for the first time since 2009, their overall fortune also did according to Forbes.

There are 1,810 billionaires all over the globe, thus 16 less than a year before. Combined wealth was at $6,480 billion, thus $570 billion less than in 2015.

According to Forbes, the fall is attributable to unstable stock markets, tumbling oil price and strong dollar.

Among last year’s top 20 world billionaires, only two kept their position. Microsoft co-founder Bill Gates, for the third consecutive year, is the richest man in the world, with $75 billion, thus 4.2 billion less than the year before.

Founder of clothing brand Zara, the Spanish Amacio Ortega, comes second ($67 billion in 2015 against 64.5 billion in 2014) while American business mogul Warren Buffet remains third (60.8 billion, down 11.9 billion compared to the year before). Fallen from the second to the fourth place is Mexican Carlos Slim who lost 27.1 billion over the year reaching $50 billion, against 77.1 billion a year earlier.

Facebook’s 31-year CEO, Mark Zuckerbeg, is of all billionaires the one who had the best year. His wealth grew by $11.2 billion to $44.6 billion. He soared from the 16th place to the 6th.

On the same topic
Sierra Leone launched the Redsalt Angel Investment Network (RAIN) and signed a Framework Agreement with the Ministry of Communication, Technology, and...
IFC to provide $21.2M financing to Senegal’s Carrefour Médical Funds to expand local production, including dialysis kit components New...
Wise, a UK fintech, has received conditional approval to operate directly in South Africa, marking the company’s first regulated, on-the-ground...
Zazu raised $1 million in pre-seed funding to enter South Africa and Morocco ahead of a 2026 Africa-wide rollout. Over 1,000 SMEs are on...
Most Read
01

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
02

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
03

JA Africa launches $1.5M digital safety program in four African countries Initiative to ...

Google.org, JA Africa to Train Children, Teachers and Caregivers in Digital Safety
04

Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...

Major Tech Reforms Needed for Francophone SSA to Attract More Investment, Report Says
05

Botswana and Oman signed strategic agreements that include a 500-MW solar photovoltaic project. T...

Botswana, Oman Agree on 500-MW Solar Project in New Energy Partnership
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.