{"id":110267,"date":"2024-01-23T15:11:08","date_gmt":"2024-01-23T14:11:08","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=110267"},"modified":"2024-01-23T15:11:08","modified_gmt":"2024-01-23T14:11:08","slug":"full-list-forbes-2024-top-20-african-billionaires","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/full-list-forbes-2024-top-20-african-billionaires\/","title":{"rendered":"Full list: Forbes 2024 top 20 African billionaires"},"content":{"rendered":"<div id=\"m#msg-f:1788886684742492702\" class=\"mail-message expanded\">\n<div class=\"mail-message-header spacer\" style=\"text-align: justify;\">The president of Dangote Group, Aliko Dangote, has retained his position as the richest person in Africa with a net worth of $13.9 billion, according to the 2024 Forbes list of 20 of Africa\u2019s Richest billionaires.<\/div>\n<div class=\"mail-message-content collapsible zoom-normal mail-show-images \" style=\"text-align: justify;\">\n<div class=\"clear\">\n<div dir=\"auto\">\nWhile Dangote retained the top spot, his ally, Femi Otedola, who is Chairman of Geregu Power Plc, ranked among the 20 richest persons in Africa.<\/p>\n<p>Otedola last appeared on the Forbes Africa list in 2017 when he held a controlling stake in Forte Oil.<\/p>\n<p>Forbes in its list released yesterday said the fortunes of Africa\u2019s wealthiest people rebounded slightly in the past 12 months, reversing the decline in their fortunes from a year ago.<\/p>\n<p>On Otedola, Forbes said, \u201cOtedola phased out his oil investments during a government push to privatise the country\u2019s energy business in 2013, using a Forte subsidiary to purchase Geregu, a public power generation plant.<\/p>\n<p>\u201cHe owned about 90 per cent of Geregu when it was listed on the Nigerian exchange\u2019s Main Board in 2022, but has since sold shares to institutional investors, which include Afreximbank\u2019s Fund for Export Development in Africa and the State Grid Corporation of China.<\/p>\n<p>\u201cHis 73 per cent stake in Geregu is worth more than $850 million, about three-quarters of his $1.1 billion fortune, which puts him at No. 20 on the list.<\/p>\n<p>\u201cAfter taking Otedola\u2019s comeback into account, Africa\u2019s billionaires dipped slightly, but still fared better than the decline of four per cent last year, when African markets faded in sync with equity values around the world.<\/p>\n<p>\u201cThis year, African equities joined a late-year global rally, with the S&amp;P All Africa index rising 10 per cent in the final two months of 2023 but still ended down more than 9% in the 12 months through January 8, 2024,\u201d Forbes stated.<\/p>\n<p>Below is the list of the top 20 richest billionaires in Africa<\/p>\n<p>1. Aliko Dangote \u2013 $13.9 billion<br \/>\n2. Johann Rupert &amp; family \u2013 $10.1 billion<br \/>\n3. Nicky Oppenheimer &amp; family \u2013 $9.4 billion<br \/>\n4. Nassef Sawiris \u2013 $8.7 billion<br \/>\n5. Mike Adenuga \u2013 $6.9 billion<br \/>\n6. Abdulsamad Rabiu \u2013 $5.9 billion<br \/>\n7. Naguib Sawiris -$3.8 billion<br \/>\n8. Mohammed Mansour \u2013 $3.2 billion<br \/>\n9. Roos Bekker \u2013 $2.7 billion<br \/>\n10. Patrice Motsepe \u2013 $2.7 billion<br \/>\n11. Issad Rebrab &amp; family \u2013 $2.5 billion<br \/>\n12. Mohammed Dewji \u2013 $1.8 billion<br \/>\n13. Strive Masiyiwa \u2013 $1.8 billion<br \/>\n14. Aziz Akhannouch &amp; family \u2013 $1.7 billion<br \/>\n15. Othman Benjelloun &amp; family \u2013 $1.4 billion<br \/>\n16. Youseff Mansour \u2013 $1.3 billion<br \/>\n17. Yassen Mansour \u2013 $1.2 billion<br \/>\n18. Christoffel Wiese \u2013 $1.2 billion<br \/>\n19. Michiel Le Roux \u2013 $1.1 billion<br \/>\n20. Femi Otedola \u2013 $1.1 billion.<\/p><\/div>\n<\/div>\n<\/div>\n<div class=\"mail-message-footer spacer collapsible\" style=\"text-align: justify;\"><\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The president of Dangote Group, Aliko Dangote, has retained his position as the richest person in Africa with a net worth of $13.9 billion, according to the 2024 Forbes list&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":110268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-110267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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