• Aliko Dangote tops the list of Forbes Africa’s Billionaires list for 2023.
• Dangote is among the four wealthiest Nigerians on the 2023 list.
• Mike Adenuga follows Africa’s richest man Aliko Dangote.
• Alakija retained her position as one of the richest black women in the world

Forbes recently released its annual exclusive billionaires ranking with only 4 Nigerians, Aliko Dangote, Mike Adenuga, Abdul Samad Rabiu and Folorunsho Alakija making the highly coveted list. Amongst the four, Aliko Dangote, President of Dangote Group retained his spot as the World’s richest black person with a fortune of $10.1 billion. Mike Adenuga, Chairman of Globacom came in as second in Nigeria and third in Africa with a fortune of $7.7 billion whilst Abdul Samad Rabiu of BUA Group was 3rd in Nigeria and 8th in Africa with a fortune of $3.13 billion – moving up 8 places from last year’s ranking. Folorunsho Alakija of Famfa Oil completes the list of Forbes billionaires from Nigeria with a fortune of $1 billion dollars coming in at number 20 in Africa.

On the 2020 list, Egypt and South Africa tied with five billionaires each, Morocco has two, while Zimbabwe and Tanzania have one billionaire each, among members of the 3-comma club in Africa.

According to the list, Africa’s 20 wealthiest people are richer in 2019 than 2018 with combined worth at $73.4 billion.

Mike Adenuga follows Africa’s richest man Aliko Dangote

Mike Adenuga maintains his position as the second richest man in Nigeria and third spot on the continent with a net worth of $7.7 billion. Adenuga has investments in telecommunications, oil, and real estate.

The businessman painted the streets of Lagos with his gold buildings – Mike Adenuga Towers.

1. Aliko Dangote

Nigerian-born billionaire, Aliko Dangote has interests in commodities in Nigeria and other African countries.

• Net worth: $10.1 billion as of 2020
• Age: 62

2. Mike Adenuga

Mike Adenuga, owner of Globalcom, Nigeria’s third-largest mobile phone network, and an oil exploration firm Conoil Producing firm.

• Net worth: $7.7 billion as of 2020
• Age: 66

3. Abdulsamad Rabiu

Rabiu is Nigerian manufacturing mogul. He is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate.

• Net worth: $3.1 billion as of 2020
• Age: 59

4. Folorunsho Alakija

Alakija is one of the richest black women in the world and the owner of Famfa Oil Limited, a Nigerian oil exploration company.

• Net worth: $1 billion as of 2020
• Age: 68.

Conclusion

The List of Richest Men in African is an annual ranking of the richest African people, compiled and published by the American business magazine Forbes. It tracks the wealth of African billionaires who reside in Africa or have their primary businesses/investments there.

Every year Forbes magazine reveals popular lists of richest people across the world in different categories and with its 2020 rankings, the company has released the top 10 youngest billionaires starting from the youngest. Have a look:

• Of the 2,095 billionaires in the world, only ten are under 30. Together, this precocious bunch is worth $15.9 billion. They span the globe, hailing from the U.S., Brazil, Germany, Hong Kong, Ireland and Norway__Forbes Report.
• Just three of this elite cohort are self-made billionaires: Snap cofounder CEO Evan Spiegel, John Collison of payments startup Stripe and, yes, makeup mogul Kylie Jenner.
• Collison, born and raised in Limerick, Ireland, but now living in San Francisco, is the richest billionaire under 30, with a fortune of $3.2 billion.
• The seven others under 30 all inherited their wealth.
• Jonathan Kwok, 28, first became a billionaire in his own right after his father passed away.
• Alexandra Andresen, now 23, has been a billionaire since she was 19 thanks to her stake in Ferd, the Norwegian investment company her father still runs.

Forbes Top 10 Youngest Billionaires In The World

KYLIE JENNER NET WORTH: $1 BILLION

AGE: 22

SOURCE OF WEALTH: COSMETICS

The celebrity-turned-makeup-mogul is the world’s youngest self-made billionaire ever. In November, she inked a deal to sell a 51% stake in Kylie Cosmetics to beauty giant Coty Inc. for $600 million.

ALEXANDRA ANDRESEN NET WORTH: $1.1 BILLION

AGE: 23

SOURCE OF WEALTH: INVESTMENT FIRM

KATHARINA ANDRESEN NET WORTH: $1.1 BILLION

AGE: 24

SOURCE OF WEALTH: INVESTMENT FIRM

The Norwegian sisters each inherited 42% of the family-owned investment company Ferd in 2007. Their father Johan still runs Ferd and controls 70% of the voting rights via a dual-class share structure.

GUSTAV MAGNAR WITZOE NET WORTH: $2.3 BILLION

AGE: 26

SOURCE OF WEALTH: FISH FARMING

Witzoe owns nearly half of Salmar ASA, one of the world’s largest salmon producers, which is still run by his father. The Norwegian heir has dabbled in modeling as well as tech and real estate investing.

ELIZABETH FURTWAENGER NET WORTH: $1.2 BILLION

AGE: 28

SOURCE OF WEALTH: PUBLISHING

Furtwaenger and her older brother Jacob were each given a 37.4% stake in the family’s German media company by their father, Hubert Burda, who is no longer a billionaire. Burda Media’s titles include the German editions of Elle and Playboy. Furtwaenger and her brother Jacob serve on the board of directors.

JONATHAN KWOK NET WORTH: $2 BILLION

AGE: 28

SOURCE OF WEALTH: REAL ESTATE

Kwok, along with his older brother Geoffrey, inherited their late father Walter Kwok’s stake in Sun Hung Kai Properties, Hong Kong’s largest developer, in 2018. Shares of Hong Kong-listed SHKP have declined nearly 18% since the coronavirus outbreak at the start of the year.

JOHN COLLISON NET WORTH: $3.2 BILLION

AGE: 29

SOURCE OF WEALTH: STRIPE

Stripe, the payments company founded by John and his older brother Patrick, raised $250 million from investors at a $35 billion valuation in September 2019. John, born and raised near Limerick, Ireland, now lives in San Francisco, where Stripe is headquartered.

EVAN SPIEGEL NET WORTH: $1.9 BILLION

AGE: 29

SOURCE OF WEALTH: SNAP

The Snapchat cofounder is one of the youngest CEOs of a publicly-traded company in the world. After rallying in 2019, Snap stock is down 50% since the start of the year. Spiegel, who was born in the U.S., quietly became a dual American-French citizen in 2018, according to reports in the French press.

PEDRO DE GODOY BUENO NET WORTH: $1.1 BILLION

AGE: 29

SOURCE OF WEALTH: DIAGNOSTIC SERVICES

A newcomer to the billionaire ranks, Pedro is the son of the late Edson de Godoy Bueno (d. 2017), once Brazil’s richest healthcare billionaire. Bueno is the CEO and largest shareholder of laboratory services firm Diagnósticos da América SA, which has seen its shares nearly triple over the past year.

LISA DRAEXLMAIER NET WORTH: $1 BILLION

AGE: 29

SOURCE OF WEALTH: AUTO PARTS

Draexlmaier and her father, Fritz, are co-CEOs of Fritz Draexlmaier Holdings GmbH, the holding company of the autoparts maker of the same name. Lisa, now the sole owner, joins the billionaires’ list for the first time.

Thank you for reading Forbes Top 10 Youngest Billionaires In The World to the end.

Thai Lee Forbes Net Worth: Thai Lee is a Thai-born Korean American billionaire businesswoman, Who has a net worth of $3.2 billlion dollars as of 2020, She’s the co-owner, CEO and president of Software House International SHI, reported by Forbes to be the largest woman-owned business in the US.

In 2019, Thai Lee was Forbes 5th wealthiest Self-Made Billionaire in America, with the net worth of US$3 billion.

Thai Lee Forbes Net Worth

• Thai Lee is CEO of $10.7 billion (sales) IT provider SHI International, which has 20,000-plus customers including Boeing and AT&T.
• Born in Bangkok, Lee grew up in South Korea and moved to the U.S. for high school.
• A Harvard MBA, she did stints at Procter & Gamble and American Express before SHI.
• Lee and her now ex-husband paid less than $1 million for a software reseller in 1989, the predecessor to SHI.
• In 2018, Lee joined the board of Sonde Health, an affiliate of bio-pharma company PureTech Health that develops voice-based diagnostic technology.

Thai Lee and her ex-husband bought a failing IT company for less than $1 million in 1989 and turned the company into a $6 billion dollar business with customers including Boeing, AT&T, and Johnson & Johnson.

Thai Lee Forbes Net Worth And Biography.

Thai Lee was born in Bangkok, Thailand to a prominent Korean economist. As a teenager Lee moved to the United States with her sister and studied at Amherst College. She went back to Korea and worked at an auto parts maker and then studied at Harvard Business School.