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Posted December 5, 2012 by Campus Heat in News
 
 

NEWS: Forbes Drops This Year’s List of the 40 Richest People in Africa

Amid grim news about the global economy, Africa continues to shine.

Forbes second annual List of Africa’s 40 Richest reflects growth across much of the continent.

The moguls’ combined net worth, now $72.9 billion, is up 12% over last year.

Aliko Dangote of Nigeria tops the list for the second year running, with a net worth of $12 billion, up from $10.1 billion in November 2011.

Most of his net worth lies in publicly traded Dangote Cement, which operates in 14 African countries.

Nicky Oppenheimer of South Africa comes in once again as the second richest, with a $6.4 billion fortune—down $100 million from a year ago.

Oppenheimer decided in late 2011 to sell his family’s 40% stake in diamond producer DeBeers to mining company Anglo American for $5.1 billion.

The deal got final regulatory approval in July 2012, marking the end of 85 years of Oppenheimer family control of DeBeers.

Check Out The List of Africa’s 10 Richest People!

Rank || Name || Net Worth ($mil) || Age

1. || Aliko Dangote || $12, 000 || 55
2. || Nicky Oppenheimer & Family || $6, 400 || 67
3. || Johann Repert & Family || $5, 700 || 62
4. || Nassef Sawiris || $5, 500 || 51
5. || Mike Adenuga || $4, 600 || 59
6. || Christoffel Wiese || $3, 700 || 71
7. || Othman Benjelloun || $2, 750 || 80
8. || Patrice Motsepe || $2,650 || 50
9. || Naguib Sawiris || $2, 500 || 58
10. || Mohammed Mansour || $2, 200 || 64

Click HERE To View The Full List!

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