Forbes Magazine has released their list of the 50 Richest Africans in 2013 and Nigerian industrialist Aliko Dangote is placed at number one with a net worth of N20 billion.
Africa’s richest are getting richer. In 2003, Forbes counted only two billionaires in Africa – Nicky Oppenheimer and Johann Rupert, both of South Africa, now there are over 50 of them.
Aliko Dangote of Nigeria tops the list for the third year in a row, with a fortune of $20.8 billion – $8.8 billion more than in November 2012, making him the biggest gainer in dollar terms. About 90% of his net worth lies in his shares of publicly traded Dangote Cement , which has operations in a host of African countries and plans to expand.
Below is the full list:
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