African billionaires on the rise

Africa has 18 people on the Forbes billionaire list for 2018, out of a record 2 208 billionaires worldwide.

South Africans who made the list this year are: Nicky Oppenheimer ($7.7bn, about R91.7bn), Johann Rupert ($7bn), Koos Bekker ($2.6bn), Patrice Motsepe ($2.4bn) and Stephen Saad ($1.2bn).

Egypt has six people on the list.

Nigeria has three: Aliko Dangote ($14.1bn), Mike Adenuga ($5.3bn) and Folorunsho Alakija ($1.5 bn). Alakija is one of the world’s richest black women. Angola’s Isabel dos Santos, the daughter of the country’s former president, appears on the list with wealth of $2.6bn.

Also on the list from Africa are Swaziland’s retail and property businessman Nathan Kirsh ($4.3bn), Tanzania’s Mohammed Dewji ($1.5bn) and Zimbabwean telecommunications mogul Strive Masiyiwa…

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