2015 Forbes Billionaires List Revealed: Dangote Remains Africa's Richest

Despite a dropped in fortune from $25 billion last year to $14.7 billion this year – Aliko Dangote still retains the title of Africa’s richest man, according to Forbes magazine’s annual list of the world’s richest people. He dropped of his wealth was as a result of propelled downward by a weaker Nigerian currency and shrinking demand for cement, his largest asset.

Four other Nigerian made the list – Mike Adenuga, Femi Otedola, Folorunsho Alakija and Abdulsamad Rabiu. Orji Uzor Kalu and Tony Elumelu who made the list last year were dropped off the list this year.

Bill Gates is still the richest man in the world. Gates’ net worth rose to $79.2 billion from $76 billion a year earlier, putting him at the top for the 16th year in the last 21. A record number of 290 dollar billionaires were added to the list in 2014, including Michael Jordan. The new additions to Forbes magazine’s annual rich list, published on Monday, takes the total to a record 1,826 billionaires.

Facebook’s Mark Zuckerberg is now the 16th richest man in the world. The youngest billionaire in the world is 24 year old Evan Spiegel, the co-founder of photo- messaging app, Snapchat. Aliko Dangote is the year’s biggest loser, hi fortune dropped to $ 14.7 billion from $ 25 billion last year.



The number of Africans on the list remains at 29, consisting predominately of Egyptians (27.5%) part of either the Mansour or Sawiris clan. Notably, Tanzanian born Mohammed Dewji makes his debut on the list with a net worth of $1.25 billion, while Aliko Dangote keeps his place as Africa’s richest man, albeit after his net worth dropped to $14.7 billion, down from $25 billion in 2013. Femi Otedola, 78% owner of Forte Oil returns to the list after falling off in 2009.

The full list of Africans who made the 2014 list:

Name	Net Worth	Nationality	Sector
1.Aliko Dangote	$15.7 billion	Nigerian	Diversified
2.Johann Rupert & Family	$7.4 billion	South African	Luxury Goods
3.Nicky Oppenheimer & Family	$6.7 billion	South African	Diamonds
4.Christoffel Wiese	$6.3 billion	South African	Retail
5.Nassef Sawiris	$6.3 billion	Egyptian	Construction
6.Mike Adenuga	$4 billion	Nigerian	Telecoms and Oil
7.Mohamed Mansour	$4 billion	Egyptian	Diversified
8.Nathan Kirsh	$3.9 billion	Swaziland	Real Estate
9.Isabel Dos Santos	$3.1 billion	Angolan	Investments
10.Issad Rebrab	$3.1 billion	Algerian	Diversified
11.Naguib Sawiris	$3.1 billion	Egyptian	Telecoms
12.Youssef Mansour	$2.9 billion	Egyptian	Diversified
13.Koos Bekker	$2.3 billion	South African	Media
14.Othman Benjelloun	$2.3 billion	Moroccan	Banking
15.Yasseen Mansour	$2.3 billion	Egyptian	Diversified
16.Patrice Motsepe	$2.1 billion	South African	Mining
17.Stephen Saad	$2.1 billion	South African	Pharmaceuticals
18.Mohamed Al Fayed	$2 billion	Egyptian	Property
19.Folorunsho Alakija	$1.9 billion	Nigerian	Oil
20.Onsi Sawiris	$1.8 billion	Egyptian	Diversified
21.Aziz Akhannouch	$1.7 billion	Moroccan	Diversified
22.Allan Gray	$1.6 billion	South African	Investments
23.Miloud Chaabi	$1.3 billion	Moroccan	Diversified
24.Mohammed Dewji	$1.3 billion	Tanzanian	Diversified
25.Samih Sawiris	$1.1 billion	Egyptian	Property
26.Sudhir Ruparelia	$1.1 billion	Ugandan	Property, Banking
27.Femi Otedola	$1 billion	Nigerian	Gas Stations
28.Abdulsamad Rabiu	$1 billion	Nigerian	Diversified
29.Rostam Azizi	$1 billion	Tanzanian	Telecoms