Dangote, Alakija Lead Africa’s 55 New Billionaires’ List

Despite worsening poverty in Africa, the continent has produced 55 billionaires, far more than previously thought, Nigeria-based Ventures financial magazine says. The richest man is Nigeria’s AlikoDangote, with a fortune of $20.2bn (£12.5bn), Ventures said.Of the 55, 20 are Nigerians, nine are South Africans and eight are Egyptians, Ventures said.

The richest woman is Nigeria’s FolorunshoAlakija, who made her $7.3bn fortune mainly in the country’s oil industry, it added. She also studied fashion in London and made dresses for Maryam Babangida, the late wife of Nigerian military ruler Ibrahim Babangida, Ventures said.

Isabel Dos Santos, an Angolan investor and the eldest daughter of Angolan President Jose Eduardo dos Santos, together with Ngina Kenyatta, the mother of Kenya’s President Uhuru Kenyatta, also made the cut, it added.

Ventures listed Harvard-trained businessman Allan Gray as South Africa’s richest man, with a fortune of $8.5bn. “This media-shy South African moneyman controls two investment companies that collectively manage over $50bn in assets,” Ventures said.

Nathan Kirsh, a property tycoon in the tiny kingdom of Swaziland, also made it on the list. He is worth $3.6bn, and has business interests in London and New York, Ventures said…

-: http://leadership.ng/news/081013/dangote-alakija-lead-africa-s-55-new-billionaires-list#sthash.Q3kr95Pn.dpuf



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