Africa: 55 Billionaires and Counting

Nigerian manufacturer Aliko Dangote is the richest African worth $20.2 billion, among 20 Nigerians listed. (Photo Credit: Google Images)

Nigerian manufacturer Aliko Dangote is the richest African worth $20.2 billion, among 20 Nigerians listed. (Photo Credit: Google Images)

Pan African Magazine is reporting that Africa has 55 billionaires worth more than $143 billion including a Nigerian woman said to be the richest black woman in the world. The writer reports:

“The report predictably identifies Nigerian manufacturer Aliko Dangote as the richest African worth $20.2 billion, among 20 Nigerians listed.

Africa Ventures put the average net worth of Africa’s billionaires at $2.6 billion and their average age at 65. The oldest billionaires are Kenyan industrialist Manu Chandaria and Egyptian property tycoon Mohammed Al-Fayed, both aged 84. The youngest billionaires are Mohammed Dewji of Tanzania and Nigerian oil trader Igho Sanomi, both 38 years old.

Nigeria, South Africa and Egypt had the highest numbers of the richest Africans, with nine in South Africa and eight in Egypt. It said Algeria, Angola, Zimbabwe and Swaziland only have one billionaire each. It identified billionaires in only 10 of Africa’s 53 countries.

Folorunsho Alakija is the richest black woman in the world. She's reportedly worth $7.3 billion.  (Photo Credit: Google Images)

Folorunsho Alakija is the richest black woman in the world. She’s reportedly worth $7.3 billion.
(Photo Credit: Google Images)

The magazine’s survey surprised by identifying oil tycoon Folorunsho Alakija as the richest black woman in the world, saying that she is worth $7.3 billion.”

These numbers are contrary to the numbers posted by Forbes Magazine, which had Folorunsho Alakija wealth at $600 million and U.S. media mogul Oprah Winfrey’s wealth at $2.9 billion.

To find out more about Africa’s billionaires, visit ABC News Online.

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