Balling In The Motherland: Top 5 Billionaires In Africa

If you ever thought about taking a trip to the Motherland here's a few African Billionaires you can look up while you're there. Billions in Africa will get you way further than Billions in America. Enjoy the high life! 

 

 

#5: Mike Adenuga

Net Worth: $4.3 Billion (as of November 2011)

Age: 58

Country: Nigeria

Marital Status: Married

Source of Wealth: Telcom, Banking, Oil, Self-Made

A reclusive tycoon, Mike Adenuga runs Conoil Producing, the first Nigerian company to strike oil in commercial quantities in the early 1990s. Today Conoil Producing is Nigeria's largest oil exploration company, producing an estimated 100,000 barrels per day. The "Guru" also owns Globacom, Nigeria's 2nd largest mobile telecom operator. He made his first million at the age of 26 selling lace and distributing soft drinks, but hit it big through the benefaction of Nigeria's former military president, Ibrahim Babangida.

 

 

#4 Johann Rupert & Family

Net Worth: 4.7 Billion (as of November 2011)

Age: 61

Country: South Africa

Source of Wealth: Luxury Goods

Johann Rupert is South Africa's luxury goods billionaire. He serves as chairman and chief executive officer of Richemont, a Swiss holding company that controls brands such as Vacheron Constantin, Cartier, Alfred Dunhill, Montblanc and Chloé. In 2010 Richemont acquired online fashion portal Net-a-Porter for $343 million. 

 

 

#3 Nassef Sawiris

Net Worth: $4.75 Billion ($5.9 Billion in 2010)

Age: 50

Country: Egypt

Marital Status: Married

Source Of Wealth: Construction

Nassef Sawiris runs Orascom Construction Industries, Egypt's most valuable publicly-traded company, which was founded by father Onsi. The construction and fertilizer company's shares fell almost one-third during the protests leading up to Egyptian President Hosni Mubarak's resignation in February.

 

 

#2 Nicky Oppenheimer & Family

Net Worth: $6.5 Billion

Age: 66

Country: South Africa

Marital Status: Married

Source Of Wealth: Diamonds

Africa's diamond magnate Nicky Oppenheimer made a momentous decision in early November to sell his family's 40% stake in De Beers, the world's largest diamond producer, to mining behemoth Anglo American for $5.1 billion. (Anglo American already owns 45% of DeBeers.) The all-cash deal will mark the end of the Oppenheimers' control of De Beers, a relationship that began when Nicky's grandfather, Ernest Oppenheimer, took over the firm in 1927.


 

 

#1 Aliko Dangote

Net Worth: $10.1 Billion

Age: 54

Country: Nigeria

Marital Status: Married

Source Of Wealth: Sugar, Flour, Cement

Nigerian commodities titan Aliko Dangote is also Africa's cement king. In late 2010, he listed Dangote Cement on the Nigerian Stock Exchange. The company integrated Dangote's cement investments across Africa, including Benue Cement, formerly listed on the Nigerian Stock Exchange. It's now the largest company on the Nigerian exchange, with a market capitalization of $10 billion.

[Source]

Views: 1420

Comment

You need to be a member of Baller Alert.com to add comments!

Join Baller Alert.com

ADVERTISEMENT

Ballerific Events

Connect


BallerBoards

New to Charlotte, NC

Started by Phoenix in Talk Ish. Last reply by Oneandonly 9 hours ago. 30 Replies

I just moved to Charlotte, NC and in desperate need of some folks to either hang out with or places to go and things to do bc as of right now my life consists of work and sleep. DAILYJust give me…Continue

Tags: ballers, nc, charlotte

Random Hoe and/or Hood Sh!t

Started by Sheli in Talk Ish. Last reply by EmpressSoDivine 12 hours ago. 133 Replies

I just wanted to "discuss" some random hoe or hood s*** you've witnessed that just made you say W-T-F! I'll go first....At my job there are two chicks who don't like each other and today each one…Continue

Broke Nigga Quotes

Started by Baller Alert in Talk Ish. Last reply by Spinster Jun 25. 307 Replies

List some of the things you heard broke niggas say.. I'll start: "Money isn't Everything"Continue

Tags: broke nigga quotes

There's some trolls in this house (singing)

Started by Moving In Silence in Talk Ish. Last reply by Empowered Woman aka $picey Jun 25. 13 Replies

The males on this board with the exception of a few are trolls and don't deserve attention. Please stop responding to them and they will eventually go away.

Latest Activity

Selena commented on Eleven8's blog post Chris Brown Fights For Paternity Rights
"She wants Chris to provide for her lifestyle and her man. This is abusing the system. I agree if…"
4 minutes ago
Eleven8's 6 blog posts were featured
1 hour ago
Eleven8 posted blog posts
1 hour ago
Brazil commented on Eleven8's blog post Baller Alert Exclusive: Day 26's Willie Taylor Joins Love & Hip Hop + New Cast Revealed
"Hot mess, but I will be watching."
1 hour ago
Brazil commented on Peachkyss's blog post Baller Alert's Hit or Miss: Jada Pinkett Smith Wearing Balmain Fall 2015 LBD and Giuseppe Zanotti Coline Crystal Embellished Sandals For Magic Mike XXL European Premiere
"Hit, everything, outfit, hairstyle, is perfection."
1 hour ago
Brazil commented on Eleven8's blog post Geraldo Blames Kendrick Lamar For Racial Divide + Says Baltimore Should Be Protesting The Murder Rate, Not Freddie Gray
"You sir are an imbicile, talking all this nonsense, just shut up, stupid a**."
1 hour ago
Brazil commented on Eleven8's blog post Rick Ross Granted Bail For Assault & Kidnapping Case
"Pause...why do I have to give up my house if I mess up my probation?? Where they do that at?? You…"
1 hour ago
Brazil commented on Eleven8's blog post Chris Brown Fights For Paternity Rights
"I love seeing him in dad mode. I agree with him, 15k is excessive for 1 child, I said this before,…"
1 hour ago
Elise' commented on Eleven8's blog post Chris Brown Fights For Paternity Rights
"good for him"
1 hour ago
Catsuit Princess liked OfficialGroupie's blog post How to Land a Baller--Part III
2 hours ago
Gabrielle Mgeni is attending RubyWoo's event
Thumbnail

New Orleans - Nelly & B Cox Host The Grand Finale Party @ House of Blues 7/5 at House of Blues

July 5, 2015 at 9pm to July 6, 2015 at 3am
3 hours ago
Gabrielle Mgeni is attending RubyWoo's event
3 hours ago

© 2015   Created by Baller Alert.

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video