Africa’s Billionaires of 2011

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Africa’s Billionaires on the Forbes list made records this year with a few surprises. 6 new Billionaires added to last year’s list of 11 bringing them to 17 Billionaires. Topping the list is Nigeria’s who displaced Ethiopian Self Made Billionaire, as man.

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Although no other countries from Africa added to the list this year, Egypt managed to double its Billionaires from 4 to 8. Nigeria and South Africa also gained 1 new billionaire addition to the list. Overall on this year’s list are worth a combined 71 Billion, with last year’s billionaires alone increasing their wealth by a combined 18 Billion. The biggest increase was experienced by our new Richest man, Dangote who made 10.7 Billion, putting him at the top of the list, making him number 51 on the World’s Richest list.

  Name Africa Rank Forbes Rank Net Worth Age Source Hometown / Residence
Aliko Dangote Aliko Dangote 1 51 $13.8 B 53 sugar, flour, cement Nigeria
Mohammed Al Amoudi Mohammed Al Amoudi 2 63 $12.3 B 66 oil Saudi Arabia/Ethiopia
Nicky Oppenheimer & family 3 136 $7 B 65 De Beers South Africa
Nassef Sawiris 4 182 $5.6 B 50 construction Egypt
Patrick Soon-Shiong 5 196 $5.2 B 59 generic drugs United States/South Africa
Johann Rupert & family 6 219 $4.8 B 60 luxury goods South Africa
Naguib Sawiris 7 310 $3.5 B 56 telecom Egypt
Patrice Motsepe 8 336 $3.3 B 49 Mining South Africa
Onsi Sawiris 9 393 $2.9 B 81 construction Egypt
Mohamed Mansour 10 595 $2 B 63 Diversified Egypt
Mike Adenuga 10 595 $2 B 57 telcom, banking, oil Nigeria
Yasseen Mansour 11 692 $1.8 B 49 Diversified Egypt
Yasseen Mansour 11 692 $1.8 B 65 Diversified Egypt
Mohammed Ibrahim 11 692 $1.8 B 64 communications United Kingdom/Sudan
Christoffel Wiese 12 782 $1.6 B 69 consumer retail South Africa
Samih Sawiris 13 879 $1.4 B 54 hotels Egypt
Mohamed Al Fayed & family 14 993 $1.2 B 78 Retail Egypt

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