Home Business Meet the 20 Richest people in Africa (Forbes Rich List 2016)

Meet the 20 Richest people in Africa (Forbes Rich List 2016)

The African continent has produced many wealthy/richest people; with over 28 known billionaires. According the Forbes’ 2015/2016 list of Africa’s 50 Richest, Nigerian business magnate Aliko Dangote remains the richest person in Africa and the richest black man in the world.

Ghpage.com brings to you the 20 richest people in Africa, according to Forbes.

20. Stephen Saad – Net Worth: $1.2 Billion (South African)

South African Stephen Saad is the founder of Aspen Pharmacare, the largest pharmaceutical company in Africa. His wealth increased by $600 million over the past year due to increase in the company’s stock price.

The company has a market capitalization of $11 billion. Saad is the company’s largest shareholder.

19. Yasseen Mansour – Net Worth: $1.4 Billion (Egyptian)

Yasseen and his billionaire brothers Mohammed and Youssef run Mansour Group. The Group of businessmen owns caterpillar dealerships and General Motor dealerships in many African countries.

They also own supermarkets, restaurant franchises, and Philip Morris distribution in Egypt.

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18. Aziz Akhannouch- Net worth : $1.4 B ( Moroccan )

Aziz Akhannouch is the majority owner of Akwa Group, a multibillion-dollar Moroccan conglomerate with interests in petroleum, gas and chemicals through its publicly-traded subsidiaries Afriquia Gas and Maghreb Oxygene.

The group also operate businesses in media, real estate development and hotels.

Flip Through The NEXT Series of Pages to Continue with the list.

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