Some-one once said to me that “you are not a billionaire, until you get on the FORBES list of billionaires…”
Well the leading business publication released its annual “Africa’s 50 Richest” list yesterday and here is a quick visual of the top 20 men and women running Africa:
For the first time in the four years that FORBES has been tracking Africa’s richest, Nigeria beat South Africa. Topping the list again is cement titan Aliko Dangote of Nigeria and 12 other Nigerians on the list of Africa’s 50 Richest. Three new billionaires join the list: Tony Elumelu (USD $1Billion) and Orji Uzor Kalu (USD $1Billion) of Nigeria and King Mohammed VI (USD $2.1Billion) of Morocco. According to the FORBES report, Africa’s 50 richest are, as a whole, wealthier than a year ago. The combined net worth of this elite group of Africans is USD $110.7 billion, 6.7% more than in November 2013. The minimum net worth needed to join this elite group rose to USD $510 million, up from USD $400 million a year ago. The average net worth of each list member is USD $2.2 billion, compared to USD $2.1 billion a year ago.
There are only two women on this list: Isabel Dos Santos (USD $3.7Billion) of Angola and Madam Folorunso Alakija (USD $2.5Billion)of Nigeria.
Opportunities abound in Africa, so I hope that you guys are as inspired and motivated by this list as I am. The goal is not only to make money; most importantly as leading business man and Zimbabwe’s richest man, Strive Masiyiwa had said, “identify a human need and reach out to meet it,” and he also said, “we Africans are able to build companies that can operate in the global environment. The opportunity is in the problem. The moment I see a problem, I immediately begin to think about the opportunities that can be created by trying to solve it.”
I look forward to seeing your name on this FORBES list one day soon!
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