Mike Adenuga is now the second richest man in Africa after Dangote

There are 24 African billionaires this year, down from 28 in 2015. And according to Forbes, Nigerian businessman 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 fortune according to Forbes is attributable to new information on the value of his telecom, oil and real estate holdings. Angolan investor Isabel dos Santos and oil tycoon Folorunsho Alakija of Nigeria still remain the only two female billionaires on the continent. See the top 23 richest people in Africa after the cut :
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