Belgian foreign minister Wilmes in intensive care with COVID    Senegal's Mendy almost quit football during year with no club    EgyptAir, Ghana sign MoU to establish national Ghanaian airline    UAE gets Israeli visa exemptions, a first for Arab world    BREAKING: Egypt's central bank dismisses CIB head Hisham Ezz El-Arab over 'serious violations'    Heavy rain, lightning and thunder hit parts of Egypt Thursday    BREAKING: CAF postpone Zamalek-Raja semi-final return leg, keep date for final unchanged    Egypt call up five foreign-based players, including Arsenal's Eneny, for Togo games    Egyptian authorities foil attempt to smuggle three artefacts from Alexandria port    New fighting in Nagorno-Karabakh dims hopes before Washington talks    Egypt reports 178 new coronavirus cases, 13 fatalities on Wednesday    In Photos: Visitors observe biannual sun alignment at Ramses II Temple in Abu Simbel    Lebanon begins consultations to pick new prime minister    'EU wants successful outcomes' of GERD negotiations: European ambassador to Egypt    Release of trailer for film Mafkoud: On the fate of those who went missing during the Lebanese civil war    Candidates poised for election marathon    Surviving the economic damage    Egypt's Sisi attends graduation ceremony of armed forces cadets at the Military Academy    Egyptian insurance companies' premiums 9.6% up in five months    Egypt's President Sisi names new head of anti-corruption watchdog    Egypt's c.bank offers 18 bln pounds T-bills on Sunday    EgyptAir offering discounts for some international flights    Egypt records 212 new coronavirus cases, 14 deaths on Saturday    Egypt to require PCR coronavirus tests for airport travelers    Egypt sends 125 tonnes of glass by sea to Beirut    Legend Messi officially wants to leave Barcelona, hands transfer request    Global smartphone sales drop 20% in Q2, yet Apple's iPhone sales steady    Sisi: Egypt keen on establishing development projects with Iraq, Jordan    Egyptian megastar Amr Diab releases new hit music video    Making of Harry Potter will be available for fans at new park in Tokyo    Egypt's Senate elections official results to be announced Wednesday    Netflix Egypt is bringing megastar Amr Diab back with a new original    Egypt reopens Rafah border crossing for first time since April    Egypt's senate elections 2020 trending on social media in few days    African Champions League final will be played on Oct. 16-17, CAF says    No room to delay Egyptian Premier League games – EFA's board member    The Facebook Preacher's Search for Fame, and Egypt's Economy    Egypt calls on UNSC to address oil spill risks off Yemen coast    Egypt economically strong in face of COVID-19, reforms ongoing: International Cooperation Minister    Arafa Holding reports $144,000 COVID-19-related losses in April    Egypt's efforts in Libya to activate free will of Libyan people: Al-Sisi    Hyksos campaigns were internal takeover, not foreign invaders: study    COVID-19 affects Egypt sporting clubs    COVID-19 will soon turn to seasonal like swine flu: Presidential Health Advisor    ‘Egypt's Support' coalition convenes to discuss its Senate election list    Robbery attempt leads to discovery of Ptolemaic monuments in Qena    Flouting international guidance, Ethiopia unilaterally starts filling its Nile dam    Zaha speaks out after online racial abuse    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Three Egyptians on Forbes Africa's Billionaires' top 10 list
Nassef Sawiris becomes Africa's second richest person with $8bn
Published in Daily News Egypt on 17 - 01 - 2020

KOForbes released their Africa's Billionaires list, and this year's edition has three Egyptian nationals on the top 10 spots. The top 10 billionaires list in Africa is dominated by Nigeria, Egypt, and South Africa. Nigerian national Aliko Dangote became Africa's richest man with $10.1bn. He is the founder of Dangote Cement, the continent's largest cement producer.
In second place comes Egypt's Nassef Sawiris, he was the year's biggest gainer, currently worth $8bn up from $6.3bn last year. Third place is a tie between the Nigerian, Mike Adenuga, and South Africa's Nicky Oppenheimer with $7.7bn. Johann Rupert, who is also from South Africa, came fifth with $6.5bn, followed by Algeria's Issad Rebrab with $4.4bn.
Egypt's Mohamed Mansour came in seventh with $3.3bn, followed by Nigerian national Abdulsamad Rabiu with $3.1bn, and Naguib Sawiris in the 9th spot with $3bn. South Africa Patrice Motsepe is Africa's 10th richest man with $2.6bn.
Egyptian brothers, Yasseen Mansour and Youssef Mansour came in the 12th and 14th spot, with $2.3bn and $1.9 bn respectively.
By country, out of Africa's 54 countries, eight are home to billionaires, up from just four in 2011.


Clic here to read the story from its source.