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
(YMO)-YMO, the Guinean fintech with global reach, abolishes all transfer and withdrawal fees to Guinea. A historic first for the remittance sector,...
The monthlong campaign will collect data from households and businesses. The initiative aims to improve access to financial services for vulnerable...
Subscriber base shrinks 4.4% amid taxes, regulations, and SIM rules Firm boosts investment in 5G, fintech, and regional digital platforms Sonatel,...
Zenith Bank Q3 pretax profit drops 8.4% to ₦917.4B on higher loan losses Net interest income up 50%; deposits and assets show continued growth Bank...
Most Read
01

Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...

Tunisia to Build First Fully Digital Hospital in National Health Overhaul
02

Safaricom's M-Pesa integrated with Ethiopia's national payment network, EthSwitch, on October 27. ...

Safaricom Integrates M-Pesa Into Ethiopia's Payment Rail
03

Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...

Lukoil Agrees to Sell International Assets, African Included, to Swiss Commodities Trader Gunvor
04

ECCBC invests $77.6M to expand Morocco plant, boosting output by 40% New lines produce soft ...

Moroccan Bottler ECCBC Invests $77.6 Million to Grow Its Operations
05

Indian bottler VBL signs exclusive deal to test Carlsberg sales in Africa Move aims to diversify ...

Varun Beverages partners with Carlsberg to enter Africa’s beer market
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.