AFRICA`S
BILLIONAIRE MEN AND WOMEN
The US-based TIME Magazine has
singled out four Africans as being the wealthiest on the continent. Among them
are two men and two women.
Topping the charts is Nigeria`s businessman
Aliko Dangote, a commodities trader whose wealth amounts to 20.2bn USD. Dangote
is well known for his production of cement.
It is being speculated in Cameroon that if his plans to open a cement
factory in the country materialize, then the price of the product will be
drastically reduced for Cameroonians.
Next in line to Dangote is another
Nigerian, this time a woman, named Folorunsho Alakija, whose fortune is said to
amount to 7.3bn USD. Alakija heads the oil group known as Famfa Oil and is on
record for holding some 20m USD in real estate in Britain.
Nathan Kirsh who comes from
Swaziland, owns 3.6bn USD worth of assets, a figure which is said to exceed that
of his country`s total wealth. Kirsh has specialized in real estate and
distribution.
Mohammed Mansour is an Egyptian who
has wealth worth USD2.3bn. He heads the Mansour Group which runs a supermarket
chain and the McDonald`s franchises in Egypt.
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