Tuesday 8 October 2013

Venture magazine lists 55 billionaires and Nigeria's Aliko Dangote tops the list

                                   
Ventures financial magazine says Africa has 55 billionaires, far more than previously thought.They include three women - the mother of Kenya's president, a daughter of Angola's president and a Nigerian oil tycoon and fashion designer. The richest man is Nigeria's Aliko Dangote, with a fortune of $20.2bn (£12.5bn),
The magazine estimated the 55 billionaires' combined fortunes at $143.88bn, an average of a $2.6bn per person. Of the 55, 20 are Nigerians, nine are South African and eight are Egyptian, the richest woman is Nigeria's Folorunsho Alakija, who made her $7.3bn fortune mainly in the country's oil industry, She also studied fashion in London and made dresses for Maryam Babangida, the late wife of Nigerian military ruler Ibrahim Babangida.


Isabel Dos Santos, an Angolan investor and the eldest daughter of Angolan President Jose Eduardo dos Santos, together with Ngina Kenyatta, the mother of Kenya's President Uhuru Kenyatta, also made the cut, it added.
Ventures listed Harvard-trained businessman Allan Gray as South Africa's richest man, with a fortune of $8.5bn.
"This media-shy South African moneyman controls two investment companies that collectively manage over $50bn in assets," Ventures said.
Nathan Kirsh, a property tycoon in the tiny kingdom of Swaziland, also made it on the list.
He is worth $3.6bn, and has business interests in London and New York, Ventures said.
The Ventures Africa Rich List issue is available for download on iTunes and on Google play.
You can find out more via  richlist.ventures-africa.com



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