Forbes magazine has released its 2018 list of Africa’s Richest billionaires.
Aliko Dangote retained his position as the richest man in Africa for eight years . But He, however, lost almost $2bn compared to his last year’s worth.
From the list here, Aliko’s networth currently stands at $10.3 billion.
Telecommunication’s magnate, Mike Ade9nuga, was number 2 on the list with $9.2 billion worth.
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. She is currently worth $1.1 billion.
Nigeria’s cement mogul Abdulsamad Rabiu, who runs and owns the BUA Group,featured on the list for the first time since 2015, with his networth standing at $1.6 billion.