Friday, March 29, 2024

How Kenya’s richest fell short in Forbes richest Africans 2020 ranking

Forbes Richest Africans 2020: When Forbes released its 2020 list of the world’s richest people, there was striking feature in the list that a Kenyan would not fail to notice. Although the country is host to some super rich individuals, no Kenyan made it in the top 20 list of richest Africans. Some of Kenya’s richest include the Kenyatta Family, Moi Family, Manu Chandaria and Family.

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Forbes found 178 newcomers hailing from 20 countries, including some, like Zoom Video Communications’ founder and CEO Eric Yuan, whose service is booming amid our current shelter-in-place reality. The US remains the country with the most billionaires, with 614, followed by greater China (including Hong Kong and Macao), with 456,” the magazine said.

As at March 18 this year, Forbes had counted 2,095 billionaires – 58 fewer than a year ago and 226 fewer than 12 days earlier.

Forbes Richest Africans 2020:

Rank Name Net Worth in US dollars Age Origin of Wealth
#1 Aliko Dangote $10.1 B 63 cement, sugar, flour
#2 Nassef Sawiris $8 B 59 construction, chemicals
#3 Mike Adenuga $7.7 B 66 telecom, oil
#3 Nicky Oppenheimer $7.7 B 74 diamonds
#5 Johann Rupert $6.5 B 69 luxury goods
#6 Issad Rebrab $4.4 B 76 food
#7 Mohamed Mansour $3.3 B 72 diversified
#8 Abdulsamad Rabiu $3.1 B 59 cement, sugar
#9 Naguib Sawiris $3 B 65 telecom
#10 Patrice Motsepe $2.6 B 58 mining
#11 Koos Bekker $2.5 B 67 media, investments
#12 Yasseen Mansour $2.3 B 58 diversified
#13 Isabel dos Santos $2.2 B 46 investments
#14 Youssef Mansour $1.9 B 74 diversified
#15 Aziz Akhannouch $1.7 B 59 petroleum, diversified
#16 Mohammed Dewji $1.6 B 44 diversified
#17 Othman Benjelloun $1.4 B 87 banking, insurance
#18 Michiel Le Roux $1.3 B 70 banking
#19 Strive Masiyiwa $1.1 B 59 telecom
#20 Folorunsho Alakija $1 B 69 oil

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