Aliko Dangote has retained his title as Africa’s richest particular person for the 14th consecutive yr, along with his internet value hovering by 72% to $23.9 billion. That is largely as a result of operational launch of his large Lagos-based refinery. In keeping with Forbes’ 2025 African Billionaire Rating, Africa now boasts 22 billionaires value a mixed $105 billion, up from 20 billionaires and $82.4 billion final yr. South Africa leads with seven, whereas Nigeria and Egypt every have 4 billionaires. Aside from Dangote, Johann Rupert and Femi Otedola additionally noticed their fortunes surge by 39% and 30% respectively. In distinction, Abdulsamad Rabiu and Attempt Masiyiwa noticed their fortunes shrink. The checklist additionally noticed returns from Anas Sefrioui and Jannie Mouton, marking a dynamic shift in Africa’s billionaire panorama.
Supply: Business Insider Africa
