These are members of the African billionaires' club, according to Forbes' 2019 ranking

There are 20 billionaires in Africa according to Forbes' annual list of the continent's richest people.

Aliko Dangote, President of Dangote Group

As at January 2019, there are 20 billionaires in Africa ( in dollar terms), according to Forbes' annual list of the continent's richest people.

From the list, Aliko Dangote maintains his position as Africa's richest man for the eighth year in a row, followed by Nigerian billionaire, Mike Adenuga, whose net worth rose dramatically from $5.3 billion in January 2018 to $9.2 billion in 2019.

According to Forbes, the spike in Adenuga's wealth was due to more details information about his assets.

Business Insider Sub-Saharan Africa checks on the lists show that the Tanzanian billionaire, Mohammed Dewji and Angolan investor, Isabel dos Santos are the youngest billionaires on the continent with net worth of $1.9 billion and $2.3 billion respectively.

1. Aliko Dangote 10.3 billion

Industry: Cement, Sugar, Flour

2. Mike Adenuga $9.2 billion

Industry: Telecoms, Oil

3. Nicky Oppenheimer $7.3 billion

Industry: Diamonds

4. Nassef Sawiris $6.3 billion

Industry: Construction, Chemicals

5. Johann Rupert $5.3 billion

Industry: Luxury goods

6. Issad Rebrab $3.7 billion

Industry: Food

7. Naguib Sawiris $2.9 billion

Industry: Telecoms

8. Koos Bekker $2.3 billion

Industry: Media and Investments

8. Isabel dos Santos $2.3 billion

Industry: Investments

8. Mohammed Mansour $2.3 billion

Industry: Diversified

8. Strive Masiyiwa $2.3 billion

Industry: Telecom

8. Patrice Motsepe $.2.3 billion

Industry: Mining

13. Aziz Akhannouch $2.1 billion

Industry: Petroleum, Diversified

14. Mohammed Dewji $1.9 billion

Industry: Diversified

15. Othman Benjelloun $1.9 billion

Industry: Banking and Finance

16. Abdulsamad Rabiu $1.6 billion

Industry: Cement, Sugar

17. Yasseen Mansour $1.5 billion

Industry: Diversified

18. Youssef Mansour $1.2 billion

Industry: Diversified

19. Folorunsho Alakija $1.1 billion

Industry: Oil

19. Michiel Le Roux $1.1 billion

Industry: Banking


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