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Nassef Sawiris becomes Africa’s second richest person with $8bn

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Nassef Sawiris becomes Africa’s second richest person with $8bn

Three Egyptians on Forbes Africa’s Billionaires’ top 10 list


Forbes released their Africa’s Billionaires list, and this year’s edition has three Egyptian nationals on the top 10 spots.  Nigerian national Aliko Dangote became Africa’s richest man with $10.1bn. He is the founder of Dangote Cement, the continent’s largest cement producer. In second place comes Egypt’s Nassef Sawiris, he was the year’s biggest gainer, currently worth $8bn up from $6.3bn last year.

The top 10 billionaires list in Africa is dominated by Nigeria, Egypt, and South Africa.

Third place is a tie between the Nigerian, Mike Adenuga, and South Africa’s Nicky Oppenheimer with $7.7bn. Johann Rupert, who is also from South Africa, came fifth with $6.5bn, followed by Algeria’s Issad Rebrab with $4.4bn.

Egypt’s Mohamed Mansour came in seventh with $3.3bn, followed by Nigerian national Abdulsamad Rabiu with $3.1bn, and Naguib Sawiris in the 9th spot with $3bn. South Africa Patrice Motsepe is Africa’s 10th richest man with $2.6bn.
Egyptian brothers, Yasseen Mansour and Youssef Mansour came in the 12th and 14th spot, with $2.3bn and $1.9 bn respectively.

By country, out of Africa’s 54 countries, eight are home to billionaires, up from just four in 2011.

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https://dailyfeed.dailynewsegypt.com/2020/01/17/three-egyptians-on-forbes-africas-billionaires-top-10-list/
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