Africa’s Richest Man

Posted on November 18, 2011


Nigerian cement magnate Aliko Dangote heads Forbe’s inaugural list of the 40 richest Africans.

Dangote has a whopping $10.1 billion fortune based on his stake in publicly-traded Dangote Cement –which has operations across Africa — as well as his interests in flour milling, sugar refining and salt processing.

Behind him at number two is South African diamond magnate Nicky Oppenheimer, with a $6.5 billion fortune.

Egypt boasts the largest number of billionaires in Africa, with 7.

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