Mujumba
JF-Expert Member
- Jan 20, 2011
- 853
- 306
Aliko Dangote - Nigeria
Dangote's wealth is currently pegged at around $10.1 billion, most of which was generated through investments in sugar, flour, and cement. The 54-year-old father of three is currently the continent's richest man, according to Forbes magazine.
His claim to fame as the 'Cement King' of Africa is inspired by his dominance of the cement trade in a number of Africa countries. Dangote currently owns cement plants in Zambia, Senegal, Tanzania, and South Africa, and has also received approval to build two more plants in Cameroon and the Ivory Coast.Two years ago, Dangote Cement was listed on the Nigerian Stock Exchange, and that has since helped swell his fortunes further. So how does the Dangote story go? There are tales of how he started off with a loan from his uncle, and from there went on to spearhead the growth of the Dangote Group.
2.Theophilus Danjuma - Nigerian
Danjuma is thought to be worth about $600 million, largely derived from his holding in South Atlantic Petroleum (SAPETRO). Danjuma is one of the continent's richest men and with the rising price of oil, his fortunes increase every day.Danjuma, the former Defense Minister of Nigeria, was ranked as the 21st richest man in Africa, according to Forbes. His charity trust, the TY Danjuma Foundation, continues to offer hope to thousands of households.Currently, he advises the Nigerian government on official, state and government matters.
3. Cyril Ramaphosa - South Africa
Ramaphosa is a former National Union of Mineworkers activist, and is now thought to be worth in the region of $275 million, generated through a wide range of investments. The 59-year-old owns the Shanduka Group, an investment holding company that has stakes in mining, banking, real estate, insurance, and telecoms, among others. Ramaphosa is well-liked across the continent for his business acumen, which has and continues to be a template for many other business start-ups.
4. Mike Adenuga - Nigeria
Adenuga's wealth is estimated to be around $4.3 billion - but this figure has been debated by his aides. Adenuga amassed his substantial fortune through business interests in telecommunications, banking, and oil. The 58-year-old is appreciated across the African continent for turning Globacom, his telecommunications holding company, into a global giant. Today, Globacom operates in four African countries, and is rated as one of the fastest growing multi-national carriers in the world.
5.Patrice Motsepe - South Africa
The 49-year-old Motsepe is worth an estimated $2.5 billion. He is said to be South Africa's first and only black billionaire. His wealth is largely derived from mining. Motsepe trained as a lawyer, but later went into mining, buying unprofitable mine shafts and turning them into revenue-generating ventures
WAKO WAPI WATZ?
Dangote's wealth is currently pegged at around $10.1 billion, most of which was generated through investments in sugar, flour, and cement. The 54-year-old father of three is currently the continent's richest man, according to Forbes magazine.
His claim to fame as the 'Cement King' of Africa is inspired by his dominance of the cement trade in a number of Africa countries. Dangote currently owns cement plants in Zambia, Senegal, Tanzania, and South Africa, and has also received approval to build two more plants in Cameroon and the Ivory Coast.Two years ago, Dangote Cement was listed on the Nigerian Stock Exchange, and that has since helped swell his fortunes further. So how does the Dangote story go? There are tales of how he started off with a loan from his uncle, and from there went on to spearhead the growth of the Dangote Group.
2.Theophilus Danjuma - Nigerian
Danjuma is thought to be worth about $600 million, largely derived from his holding in South Atlantic Petroleum (SAPETRO). Danjuma is one of the continent's richest men and with the rising price of oil, his fortunes increase every day.Danjuma, the former Defense Minister of Nigeria, was ranked as the 21st richest man in Africa, according to Forbes. His charity trust, the TY Danjuma Foundation, continues to offer hope to thousands of households.Currently, he advises the Nigerian government on official, state and government matters.
3. Cyril Ramaphosa - South Africa
Ramaphosa is a former National Union of Mineworkers activist, and is now thought to be worth in the region of $275 million, generated through a wide range of investments. The 59-year-old owns the Shanduka Group, an investment holding company that has stakes in mining, banking, real estate, insurance, and telecoms, among others. Ramaphosa is well-liked across the continent for his business acumen, which has and continues to be a template for many other business start-ups.
4. Mike Adenuga - Nigeria
Adenuga's wealth is estimated to be around $4.3 billion - but this figure has been debated by his aides. Adenuga amassed his substantial fortune through business interests in telecommunications, banking, and oil. The 58-year-old is appreciated across the African continent for turning Globacom, his telecommunications holding company, into a global giant. Today, Globacom operates in four African countries, and is rated as one of the fastest growing multi-national carriers in the world.
5.Patrice Motsepe - South Africa
The 49-year-old Motsepe is worth an estimated $2.5 billion. He is said to be South Africa's first and only black billionaire. His wealth is largely derived from mining. Motsepe trained as a lawyer, but later went into mining, buying unprofitable mine shafts and turning them into revenue-generating ventures
WAKO WAPI WATZ?
