Who Are Africa’s Billionaires?
Fact check: one of them is a woman.
While we were still singing the tunes of Travie McCoy’s “Billionaire,” Ventures Africa, a pan-African magazine, was busy reporting that Africa has more billionaires than what was previously known.
55 of Africa’s billionaires are worth a grand total of at least $143.88 billion! That’s a lot of money in the bank, but who’s holding onto it all?
The richest African is Aliko Dangote, who is worth $20.2 billion.
The magazine also reports that Folorunso Alakija is the richest Black woman in the world. Alakija is reported to be worth at least $7.3 billion. So, with all due respect Oprah, you may have to hand that crown over.
To put it into perspective, the richest American, Bill Gates, has a net worth of about $72 billion.
What would you do with a billion dollars?