Mike Adenuga Named Second Richest Man In Africa After Dangote; See Full List Of The Top 24

Forbes has released its list for Richest people in Africa 2016.

Michael Adeniyi Agbolade Ishola Adenuga Jr is a Nigerian business tycoon, and the second richest person in Nigeria and Africa. Mike Adenuga is the biggest gainer among the African billionaires. He is now worth $10 billion, up from $4 billion a year ago.

The significant jump in Adenuga’s wealth according to Forbes is attributable to new information on the value of his telecom, oil and real estate holdings.

Checkout the top 24 richest people in Africa according to Forbes below:

 

1. Aliko Dangote, Nigerian
   Net Worth: $14.4 billion
   Source Of Wealth: Cement, flour, sugar, salt
2. Mike Adenuga, Nigerian

Net Worth: $10 billion
Source Of Wealth: Telecom, Oil, Real Estate

3. Nicky Oppenheimer, South African

Net Worth: $6.6 billion

Source Of Wealth: Diamonds

4. Christoffel Wiese, South African

Net Worth: $6.2 billion
Source Of Wealth: Retailing

5. Johann Rupert, South African

Net Worth: $5.3 billion
Source Of Wealth: Luxury Goods

6. Nassef Sawiris, Egyptian
   Net Worth: $4.1 billion
   Source Of Wealth: Construction, Chemicals
7. Nathan Kirsch, Swazi

Net Worth: $3.7 billion
Source Of Wealth: Retail

8. Isabel dos Santos, Angolan

Net Worth: $3.1 billion
Source Of Wealth: Investments

9. Issad Rebrab, Algerian

Net Worth: $3.1 billion
Source of Wealth: Food

10. Naguib Sawiris, Egyptian

Net Worth: $3 billion
Source Of Wealth: Telecom

11. Mohammed Mansour, Egyptian

Net Worth: $2.5 billion
Source Of Wealth: Diversified

12. Othman Benjelloun, Moroccan

Net Worth: $1.9 billion
Source Of Wealth: Banking, Insurance

13. Mohamed Al Fayed, Egyptian

Net Worth: $1.9 billion
Source Of Wealth: Retailing

14. Femi Otedola, NigerianNet Worth: $1.85 billion
15. Youssef Mansour, Egyptian

Net Worth: $1.73 billion
Source: Diversified

16. Folorunsho Alakija, Nigerian

Net Worth: $1.55 billion
Source Of Wealth: Oil

17. Allan Gray, South African

Net Worth: $1.49 billion
Source Of Wealth: Money Management

18. Koos Bekker, South African

Net Worth: $1.47 billion
Source Of Wealth: Media, Investments

19. Yasseen Mansour, Egyptian

Net Worth: $1.39 billion
Source Of Wealth: Diversified
20. Aziz Akhannouch, Moroccan
Net Worth: $1.25 billion
Source Of Wealth: Petroleum, Diversified

21. Patrice Motsepe, South African

Net Worth: $1.15 billion
Source Of Wealth: Mining

22. Abdulsamad Rabiu, Nigerian

Net Worth: $1.1 billion
Source Of Wealth: Diversified

23. Onsi Sawiris, Egyptian

Net Worth: $1.09 billion
Source Of Wealth: Construction, Telecom
24. Mohammed Dewji, Tanzanian
Net Worth: $1.09 billion
Source Of Wealth: Diversified

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