Aliko Dangote, the chairman and CEO of the industrial conglomerate Dangote Group, has held onto his position as the wealthiest man in Africa for the 12th year straight.
The Forbes World’s Billionaires is an annual ranking that provides a snapshot of wealth using stock prices and exchange rates.
Besides Dangote, 17 other Africans were featured on Forbes’ billionaire list for 2023, which consists of 2,640 persons around the world.
Analysis shows that the African billionaires on the list are distributed as follows: one each from Algeria, Morocco, Tanzania, and Zimbabwe, three from Nigeria, and five from Egypt and South Africa.
Forbes Africa’s 2023 rich list and net worth
1. Aliko Dangote – $14.2 bn – Nigeria
2. Johann Rupert & family – $11.1 bn – South Africa
3. Nicky Oppenheimer & family – $8.4 bn – South Africa
4. Abdulsamad Rabiu – $8.2 bn – Nigeria
5. Nassef Sawiris – $7.4 bn – Egypt
6. Mike Adenuga – $6.1 bn – Nigeria
7. Issad Rebrab & family – $4.6 bn – Algeria
8. Mohamed Mansour – $3.6 bn – Egypt
9. Naguib Sawiris – $3.3 bn – Egypt
10. Patrice Motsepe – $2.7 bn – South Africa
11. Koos Bekker – $2.4 bn – South Africa
12. Strive Masiyiwa – $1.9 bn – Zimbabwe
13. Aziz Akhannouch & family – $1.5 bn – Morocco
14. Mohammed Dewji – $1.5 bn – Tanzania
15. Youssef Mansour – $1.5 bn – Egypt
16. Othman Benjelloun & family – $1.3 bn – Morocco
17.Yasseen Mansour – $1.3 bn – Egypt
18. Michiel Le Roux – $1 bn – South Africa
How other Nigerian billionaires performed
Nevertheless, he remains one of the wealthiest people in Africa and is currently the 6th richest man on the continent.
