According to The Forbes list of Africa’s Richest People 2021 Nassef Sawiris of Egypt, whose largest asset is a nearly 6% stake in sportswear maker Adidas is the e second richest in Africa.
In Africa—as elsewhere in the world—the wealthiest have come through the pandemic just fine. The continent’s 18 billionaires are worth an average $4.1 billion, 12% more than a year ago.
For the tenth year in a row, Aliko Dangote of Nigeria is the continent’s richest person, worth $12.1 billion, up by $2 billion from last year’s list thanks to a roughly 30% rise in the share price of Dangote Cement, by far his most valuable asset.
Nicky Oppenheimer of South Africa was the third, he inherited a stake in diamond firm DeBeers and ran the company until 2012, when he sold his family’s 40% stake in DeBeers to mining giant AngloAmerican for $5.1 billion.
