A new report indicates there are 55 African billionaires, a number that is higher than what had previously been reported. The Associated Press shared the details on Oct. 8, sharing details on some of the people making the list.
Egypt, South Africa and Nigeria are said to have the most African billionaires. The richest is said to be Aliko Dangote, a manufacturer from Nigeria who is said to be worth $20.2 billion. There are 20 people from Nigeria on the list.
Folorunsho Alakja, an oil tycoon, is said by the pan-African magazine to be worth $7.3 billion and would then be considered the richest black woman in the world. It is worth noting, however, that Forbes estimated Alakja's worth to be $600 million, while Oprah Winfrey sits at about $2.9 billion. The Forbes list of Africa's billionaires only includes 16 names.
Africa's billionaires cross all age ranges, with the oldest listed being 84 and the youngest coming in at 38. While the statistics and names may vary depending on the publication, chances are the overall details regarding African billionaires will come as a surprise to many.