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Revealing The Untold Stories Of Africa's Billionaires

2 Views· 08/08/24
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Revealing The Untold Stories Of Africa's Billionaires

Africa's Billionaires are richer than they have been in years. the continent’s 18 billionaires are worth an estimated $84.9 billion. Soaring stock prices from Nigeria to Zimbabwe lifted the fortunes of these tycoons, as demand for products and services from telecom to luxury goods ticked up.

Our list tracks the wealth of African billionaires who reside in Africa or have their primary in Africa, thus excluding Sudanese-born billionaire Mo Ibrahim, who is a U.K. citizen, and billionaire London resident Mohamed Al-Fayed, an Egyptian citizen. Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa.

All of the continent’s billionaires are men; Isabel dos Santos of Angola fell off the Forbes list of African billionaires in January 2021.

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