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Africa’s Billionaires of 2011




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.

ALSO READ: The Africans On The Forbes 100 Greatest Living Business Minds List

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.

 NameAfrica RankForbes RankNet WorthAgeSourceHometown / Residence
Aliko DangoteAliko Dangote151$13.8 B53sugar, flour, cementNigeria
Mohammed Al AmoudiMohammed Al Amoudi263$12.3 B66oilSaudi Arabia/Ethiopia
Nicky Oppenheimer & family3136$7 B65De BeersSouth Africa
Nassef Sawiris4182$5.6 B50constructionEgypt
Patrick Soon-Shiong5196$5.2 B59generic drugsUnited States/South Africa
Johann Rupert & family6219$4.8 B60luxury goodsSouth Africa
Naguib Sawiris7310$3.5 B56telecomEgypt
Patrice Motsepe8336$3.3 B49MiningSouth Africa
Onsi Sawiris9393$2.9 B81constructionEgypt
Mohamed Mansour10595$2 B63DiversifiedEgypt
Mike Adenuga10595$2 B57telcom, banking, oilNigeria
Yasseen Mansour11692$1.8 B49DiversifiedEgypt
Yasseen Mansour11692$1.8 B65DiversifiedEgypt
Mohammed Ibrahim11692$1.8 B64communicationsUnited Kingdom/Sudan
Christoffel Wiese12782$1.6 B69consumer retailSouth Africa
Samih Sawiris13879$1.4 B54hotelsEgypt
Mohamed Al Fayed & family14993$1.2 B78RetailEgypt
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  1. Tobi opeyemi salami

    April 18, 2011 at 1:49 pm


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