With a combined total of $73.4 billion, Africa's Richest billionaires are hitting top spots, doing better than last year.
These billionaires are making their money talk, from owning cement factories, cellphone companies to producing fertilizer and being stakeholders in Adidas let's take a look at the big guns.
Net worth: $10.1 billion
Wealth: Sugar and Dangote cement
Aliko owns 85% of publicly traded Dangote Cement which produce nearly 4.6 million metric tons of cement a year also operating in 10 other countries.
• Dangote's grandfather used to be a trader, selling oats and rice. Growing up, Aliko says he used to get other kids to sell sweets for him and keep the profits.
2. Nassef Sawiris
Net worth: $8 billion
Origin of wealth: Construction, chemicals
Country: Cairo, Egypt
Naserf owns one of the largest nitrogen producing fertilizer plants with companies reaching as far USA. He also owns stake in cement giant Lafarge, Holcium and Adidas and in Aston Villa FC.
• In 2019 Naserf nearly $24 million to aid schools in Egypt.
3. Mike Adenuga
Net worth: $7.7 billion
Origin of wealth: Telecom, oil
Country: Lagos, Nigeria
Mike is Nigeria's second richest man who built his fortunes in oil and telecom. The cellphone network called Globacom is Nigeria's third largest network and Conoil Producing in the Niger Delta.
• Mike earned his first million at 26 years old selling lace and soft drinks.
4. Nicky Oppenheimer
Net worth: $7.7 billion
Origin of wealth: Diamonds
Country: Johannesburg, South Africa
He is part of the third generation in his family to run De Beers. The company takes first place in the world's diamond trade. Oppenheimer started Fireblade Aviation in Johannesburg, operating chartered flights.
• Nicky owns Tswalu Kalahari Reserve, the largest private game reserve in South Africa.
5. Johann Rupert & family
Net worth: $6.5 billion
Origin of wealth: Luxury goods
Country: Cape Town, South Africa
Johann is the chairperson of Swiss luxury goods firm Compagnie Financiere Richemont. The company is known for its famous brands like Cartier and Mont Blanc. Formed in 1998 from the assists of Rembrandt Group Limited (now Remgro Limited) by his father in the 1940's.
• Johann owns Anthonij Rupert Wines, named after his deceased brother.
The advice of many billionaires today is "having the ability to delay gratification and work tirelessly through the hard times so you can enjoy the fruits of your labor at a later date and rise to great heights."
Please like comment and share
Content created and supplied by: Dubdub (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More