Here is the recently released Forbes list of the top 21 richest men in Africa for the year 2019. The list was released today January 9th, 2019.

The Forbes list, which was releasedon Wednesday revealed that there were fewer and poorer billionaires on the African continent in 2019. Nigeria’sAliko Dangoteretained hisplace as the richest man in Africa on the newly released Forbes' list of African billionaires.

He, however, lost almost $2bn compared to his last year’s worth. Dangote’s estimated$10.3 billion net worth is nearly$2 billion less than a year ago.Another Nigerian, Folorunsho Alakija was one of the billionaires,who suffered a drop in their net worth between last year and this year, as she held No 19 on the 20-man list.

Forbes report that,Alakija’s net worth dropped due to a decline in the value of one ofNigeria’s most productive oil fields. It is claimed that the decline can be partly blamed on thefact that the oil field’s production had levelled off.The rating magazine reports that Alakija’s net worth dropped due to a decline in the value of one ofNigeria’s most productive oil fields. Mike Adenuga, the owner of Globacom, emerged Africa’s 5th richest man. Others are Nigeria’scement mogul Abdulsamad Rabiu, who runs and owns the BUA Group, standing at number 16 on the list for the first time since 2015.

Here are the richest Africa’s Billionaires 2019

1.Aliko Dangote – $12.2 billion net worth
2.Nicky Oppenheimer – $7.7 billionnet worth


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