Forbes African rich list topped by Nigerian mogul
http://www.bbc.co.uk/go/rss/int/news/-/news/business-15771364 Version 0 of 1. A Nigerian construction mogul has topped a list of Africa's richest people. Aliko Dangote, with a stake in Dangote Cement and interests in flour milling and sugar refining, has a fortune of $10.1bn (£6.4bn). Forbes magazine's inaugural list of the 40 richest people in Africa put South Africa's Nicky Oppenheimer at number two with $6.5bn. The total wealth of the list is $64.9bn. By comparison, the wealthiest 40 people in Taiwan are worth $92.7bn. The average age of those on the African list - which contains no women - is 61. Mr Dangote and Mr Oppenheimer, of diamond miners De Beers, are two of 16 billionaires on the list. De Beers recently agreed a $5.1bn deal to sell the Oppenheimer family's 40% stake to Anglo American. Egypt has the most billionaires, with seven coming from two families, the Sawiris and Mansours, according to Forbes. <a href="http://www.forbes.com/sites/kerryadolan/2011/11/16/africas-40-richest/" >Forbes said</a> it had reached the values using stock prices for publicly-traded companies and estimates of revenues or profits for the many privately-held businesses. The magazine ignored dispersed family fortunes, such as the Chandaria family of Kenya. |