Mike Adenuga Named Forbes 2nd Richest Man In Africa After Dangote; See Full List Of The Top 24

Forbes has released its list for Richest people in Africa 2016. Michael Adeniyi Agbolade Ishola Adenuga Jr is a Nigerian business tycoon, and the second richest person in Nigeria and Africa. Mike Adenuga is the biggest gainer among the African billionaires. He is now worth $10 billion, up from $4 billion a year ago.

The significant jump in Adenuga’s wealth according to Forbes is attributable to new information on the value of his telecom, oil and real estate holdings.

Checkout the top 24 richest people in Africa according to Forbes below:

    1. Aliko Dangote, Nigerian
    Net Worth: $14.4 billion
    Source Of Wealth: Cement, flour, sugar, salt
    
2. Mike Adenuga, Nigerian
Net Worth: $10 billion
Source Of Wealth: Telecom, Oil, Real Estate

3. Nicky Oppenheimer, South African
Net Worth: $6.6 billion
Source Of Wealth: Diamonds

4. Christoffel Wiese, South African
Net Worth: $6.2 billion
Source Of Wealth: Retailing

5. Johann Rupert, South African
Net Worth: $5.3 billion
Source Of Wealth: Luxury Goods

   6. Nassef Sawiris, Egyptian
    Net Worth: $4.1 billion
    Source Of Wealth: Construction, Chemicals

7. Nathan Kirsch, Swazi
Net Worth: $3.7 billion
Source Of Wealth: Retail

8. Isabel dos Santos, Angolan
Net Worth: $3.1 billion
Source Of Wealth: Investments

9. Issad Rebrab, Algerian
Net Worth: $3.1 billion
Source of Wealth: Food

10. Naguib Sawiris, Egyptian
Net Worth: $3 billion
Source Of Wealth: Telecom

 11. Mohammed Mansour, Egyptian
Net Worth: $2.5 billion
Source Of Wealth: Diversified

12. Othman Benjelloun, Moroccan
Net Worth: $1.9 billion
Source Of Wealth: Banking, Insurance

 13. Mohamed Al Fayed, Egyptian
Net Worth: $1.9 billion
Source Of Wealth: Retailing

 14. Femi Otedola, Nigerian
Net Worth: $1.85 billion

15. Youssef Mansour, Egyptian
Net Worth: $1.73 billion
Source: Diversified

16.  Folorunsho Alakija, Nigerian
Net Worth: $1.55 billion
Source Of Wealth: Oil

 17. Allan Gray, South African
Net Worth: $1.49 billion
Source Of Wealth: Money Management

18. Koos Bekker, South African
Net Worth: $1.47 billion
Source Of Wealth: Media, Investments

19. Yasseen Mansour, Egyptian
Net Worth: $1.39 billion
Source Of Wealth: Diversified

20. Aziz Akhannouch, Moroccan
Net Worth: $1.25 billion
Source Of Wealth: Petroleum, Diversified

 21. Patrice Motsepe, South African
Net Worth: $1.15 billion
Source Of Wealth: Mining

 22. Abdulsamad Rabiu, Nigerian
Net Worth: $1.1 billion
Source Of Wealth: Diversified

23. Onsi Sawiris, Egyptian
Net Worth: $1.09 billion
Source Of Wealth: Construction, Telecom

24. Mohammed Dewji, Tanzanian
Net Worth: $1.09 billion
Source Of Wealth: Diversified