For the 10th consecutive year, Aliko Dangote has maintained his position has the richest man in Africa, according to the 2021 Forbes’ Africa Billionaires List released on Friday.
Also, Mike Adenuga of Globacom, and Abdulsamad Rabiu of BUA Group, both Nigerians, made it to the list as the 5th and 6th richest persons in Africa respectively.
Forbes stated that in Africa, as elsewhere in the world, the wealthiest came weathered the storm posed by the pandemic.
It stated that the continent’s 18 billionaires were worth an average $4.1bn, 12 per cent more than a year ago, driven in part by Nigeria’s surging stock market.
“For the tenth year in a row, Aliko Dangote of Nigeria is the continent’s richest person, worth $12.1bn, up by $2bn from last year’s list, thanks to a roughly 30 per cent rise in the share price of Dangote Cement, by far his most valuable asset,” Forbes stated in its report.
It added that while some got richer by the billions, two from the 2020 list of Africa’s richest dropped below the $1bn mark.
