Mike Adenuga Now The Second Richest Man In Africa After Dangote ( List)

There are 24 African billionaires this year, down from 28 in 2015. And according to Forbes, Nigerian businessman Mike Adenuga is the biggest gainer among the African billionaires. He is now worth $10 billion, up from $4 billion a year ago.

The significant jump in Adenuga’s fortune according to Forbes is attributable to new information on the value of his telecom, oil and real estate holdings. Angolan investor Isabel dos Santos and oil tycoon Folorunsho Alakija of Nigeria still remain the only two female billionaires on the continent.

See the top richest people in Africa.

Aliko Dangote, Nigerian
Net Worth: $14.4 billion
Source Of Wealth: Cement, flour, sugar, salt


Mike Adenuga, Nigerian
Net Worth: $10 billion
Source Of Wealth: Telecom, Oil, Real Estate


Nicky Oppenheimer, South African
Net Worth: $6.6 billion
Source Of Wealth: Diamonds


Christoffel Wiese, South African
Net Worth: $6.2 billion
Source Of Wealth: Retailing



Johann Rupert, South African
Net Worth: $5.3 billion
Source Of Wealth: Luxury Goods



Nassef Sawiris, Egyptian
Net Worth: $4.1 billion
Source Of Wealth: Construction, Chemicals



Nathan Kirsch, Swazi
Net Worth: $3.7 billion
Source Of Wealth: Retail



Isabel dos Santos, Angolan
Net Worth: $3.1 billion
Source Of Wealth: Investments



Issad Rebrab, Algerian
Net Worth: $3.1 billion
Source of Wealth: Food



Naguib Sawiris, Egyptian
Net Worth: $3 billion
Source Of Wealth: Telecom



Mohammed Mansour, Egyptian
Net Worth: $2.5 billion
Source Of Wealth: Diversified



Othman Benjelloun, Moroccan
Net Worth: $1.9 billion
Source Of Wealth: Banking, Insurance



Mohamed Al Fayed, Egyptian
Net Worth: $1.9 billion
Source Of Wealth: Retailing



Femi Otedola, Nigerian
Net Worth: $1.85 billion



Youssef Mansour, Egyptian


Net Worth: $1.73 billion


Source: Diversified


Folorunsho Alakija, Nigerian
Net Worth: $1.55 billion
Source Of Wealth: Oil



Allan Gray, South African
Net Worth: $1.49 billion
Source Of Wealth: Money Management



Koos Bekker, South African
Net Worth: $1.47 billion
Source Of Wealth: Media, Investments



Yasseen Mansour, Egyptian
Net Worth: $1.39 billion
Source Of Wealth: Diversified



20. Aziz Akhannouch, Moroccan
Net Worth: $1.25 billion
Source Of Wealth: Petroleum, Diversified



Patrice Motsepe, South African
Net Worth: $1.15 billion
Source Of Wealth: Mining



Abdulsamad Rabiu, Nigerian
Net Worth: $1.1 billion
Source Of Wealth: Diversified



Onsi Sawiris, Egyptian
Net Worth: $1.09 billion
Source Of Wealth: Construction, Telecom



24. Mohammed Dewji, Tanzanian
Net Worth: $1.09 billion
Source Of Wealth: Diversified