Thursday, 7 January 2016

Nigerian Billionaire Femi Otedola Is Africa's Highest Gaining Billionaire -- Forbes

Nigeria’s billionaire oil magnate, Femi Otedola, is Africa’s highest gaining billionaire in 2015. According to a Forbes estimate, more African billionaires saw a drop in their net worth in 2015 but Femi Otedola saw his fortunes rise by 75 percent at the end of the year to $1.81 billion from $778 million in 2014. With the exception of King Mohammed VI of Morocco, only 5 of the 21 African billionaires grew richer between December 31, 2014 and December 31, 2015.

Forbes, a platform that tracks billionaires across the world, revealed how African billionaires gained more in 2015. Here is a list of Africa’s highest gaining billionaires in 2015.

Femi Otedola, Nigeria
Net Worth: $1.8 billion
Up: $778 million (75%)

Christo Wiese, South Africa 

Net Worth: $6.2 billion
Up: $841 million (15%)

Isabel dos Santos, Angola

Net Worth: $3.6 billion
Up: $335 million (12.5%)

Issad Rebrab, Algeria

Net Worth: $3.2 billion
Up: $181 million (6.6%)

Mohammed Dewji, Tanzania
Net Worth: $1.11 billion

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