Aliko Dangote Still Africa’s Richest as Otedola drops off billionaires' list

08:01

On this year’s list, Forbes is only including African billionaires living in Africa, instead of featuring Africa’s 50 richest people. There are 21 billionaires on this year’s list, worth a combined $70 billion.

Nigerian cement tycoon Aliko Dangote remains Africa’s richest person for the sixth year running with a $12.1 billion fortune, despite a nearly $5 billion drop in his net worth for the second year in a row.
Dangote is joined by just two other Nigerian billionaires on this year’s list – telecom tycoonMike Adenuga, who is Africa’s third richest person with an estimated $5.8 billion fortune, and oil billionaire Folorunsho Alakija, who has an estimated net worth of $1.6 billion.

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