President of Dangote Group, Aliko Dangote has retained his position as the richest person in Africa with a net worth of $13.9 billion, in the 2024 Forbes list of 20 of Africa’s Richest billionaires released yesterday.

According to Forbes, the fortunes of Africa’s wealthiest people rebounded slightly in the past 12 months, reversing the decline in their fortunes from a year ago, though they were still off their all-time highs.

The New Jersey-based media outfit pointed out that the 20 billionaires on the 2024 Forbes list of Africa’s Richest were worth a combined $82.4 billion, which was up $900 million from last year’s $81.5 billion

The Executive Chairman of Geregu Power Plc and a Non-Executive Director FBN Holdings, Mr. Femi Otedola, was named among the 20 richest persons in Africa. Otedola was listed as the 19^th richest person in Africa with a net worth of $1.1 billion.

Here is a list of the top 20 richest billionaires in Africa

1. Aliko Dangote – $13.9 billion

2. Johann Rupert & family – $10.1 billion

3. Nicky Oppenheimer & family – $9.4 billion

4. Nassef Sawiris – $8.7 billion

5. Mike Adenuga – $6.9 billion

6. Abdulsamad Rabiu – $5.9 billion

7. Naguib Sawiris -$3.8 billion

8. Mohammed Mansour – $3.2 billion

9. Roos Bekker – $2.7 billion

10. Patrice Motsepe – $2.7 billion

11. Issad Rebrab & family – $2.5 billion

12. Mohammed Dewji – $1.8 billion

13. Strive Masiyiwa – $1.8 billion

14. Aziz Akhannouch & family – $1.7 billion

15. Othman Benjelloun & family – $1.4 billion

16. Youseff Mansour – $1.3 billion

17. Yassen Mansour – $1.2 billion

18. Christoffel Wiese – $1.2 billion

19. Michiel Le Roux – $1.1 billion

20. Femi Otedola – $1.1 billion (The Nation)

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