Business mogul, Aliko Dangote can still hold his head high as the richest man in Africa just as the 2012 list of Africa’s 40 richest people came out with his name topping it. According to Forbes, most of his net worth lies in publicly traded Dangote Cement which operates in 14 African countries. Nicky Oppenheimer of South Africa comes in once again as the second richest, with a $6.4 billion fortune – down $100 million from the previous year.
The coveted list features 12 Nigerian business moguls including Mike Adenuga, who ranks in the 5th position with a net worth of $4.6 billion from his telecoms and oil companies, Jim Ovia, who ranks in the 19th position with a net worth of $825 Million, Abdulsamad Rabiu, who heads BUA Group and is ranked 21st with a net worth of $675 Million, and Folorunsho Alakija, who is one of two women and ranked 24th with a net worth of $ 600 Million from the oil sector.
Just below Folorunsho Alakija on the list is 73 year old former Nigerian defense minister Theophilus Danjuma with a net worth of $600 Million from the oil sector at the 24th position, next to Theophilus Danjuma is 68 year old former banker and Honey Well group founder, Oba Otudeko with a net worth of $575 Million.
At the 27th position is Mohammed Indimi with a net worth of $550 Million from the oil and gas sector. At 82 years old, O.B. Lulu-Briggs also makes the list on the 31st spot with a net worth of $500 Million from the oil sector. On the 37th position is Sani Bello, former Nigerian military governor from Kano state and a one-time ambassador to Zimbabwe with a net worth of $425 Million.
Standing tall at the end of the list is Hakeem Belo-Osagie, the 57 year old Harvard-trained petroleum economist with an estimated $400 Million net worth from the oil sector.
To read all about Forbes Africa’s 40 Richest and their profiles Click here
View the full Forbes Africa’s 40 Richest List
Rank Name Net Worth ($ mil) Age
Rank Name Net Worth ($ mil) Age
1 Aliko Dangote
Aliko Dangote
$12,000 55
2 Nicky Oppenheimer & family
Nicky Oppenheimer & family
$6,400 67
3 Johann Rupert & family
Johann Rupert & family
$5,700 62
4 Nassef Sawiris
Nassef Sawiris
$5,500 51
5 Mike Adenuga
Mike Adenuga
$4,600 59
6 Christoffel Wiese
Christoffel Wiese
$3,700 71
7 Othman Benjelloun
Othman Benjelloun
$2,750 80
8 Patrice Motsepe
Patrice Motsepe
$2,650 50
9 Naguib Sawiris
Naguib Sawiris
$2,500 58
10 Mohamed Mansour
Mohamed Mansour
$2,200 64
11 Onsi Sawiris
Onsi Sawiris
$2,170 82
12 Miloud Chaabi
Miloud Chaabi
$2,100 83
13 Yasseen Mansour
Yasseen Mansour
$2,000 51
14 Youssef Mansour
Youssef Mansour
$1,950 67
15 Desmond Sacco
Desmond Sacco
$1,400 70
16 Anas Sefrioui
Anas Sefrioui
$1,350 55
17 Stephen Saad
Stephen Saad
$975 48
18 Sudhir Ruparelia
Sudhir Ruparelia
$900 56
19 Jim Ovia
Jim Ovia
$825 58
20 Shafik Gabr
Shafik Gabr
$720 60
21 Abdulsamad Rabiu
Abdulsamad Rabiu
$675 -
21 Cyril Ramaphosa
Cyril Ramaphosa
$675 60
23 Lauritz (Laurie) Dippenaar
Lauritz (Laurie) Dippenaar
$625 64
24 Folorunsho Alakija
Folorunsho Alakija
$600 61
24 Theophilus Danjuma
Theophilus Danjuma
$600 73
26 Oba Otudeko
Oba Otudeko
$575 68
27 Raymond Ackerman
Raymond Ackerman
$550 81
27 Mohammed Indimi
Mohammed Indimi
$550 64
29 Samih Sawiris
Samih Sawiris
$525 55
30 Said Salim Bakhresa
Said Salim Bakhresa
$520 63
31 Isabel dos Santos
Isabel dos Santos
$500 39
31 Moulay Hafid Elalamy
Moulay Hafid Elalamy
$500 52
31 O.B. Lulu-Briggs
O.B. Lulu-Briggs
$500 82
34 Alami Lazraq
Alami Lazraq
$490 62
35 Gerrit Thomas (GT) Ferreira
Gerrit Thomas (GT) Ferreira
$480 64
36 Koos Bekker
Koos Bekker
$450 59
37 Sani Bello
Sani Bello
$425 69
38 Jannie Mouton
Jannie Mouton
$415 65
39 Naushad Merali
Naushad Merali
$410 61
40 Hakeem Belo-Osagie
Hakeem Belo-Osagie
$400 57
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