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Thursday 17 November 2011

Africa’s 40 Richest (Forbes)

Aliko Dangote; Founder and CEO of the Dangote Group tops Forbes list of Africa's 40 Richest with a $10.1 billion fortune built on cement and commodities

Forbes Magazine recently turned its head in recognition ofAfrica’s business/ wealthiest people thereby lunching ‘Forbes Africa’ and havesince released two list among which is ‘Whowere Africa’s Richest Dictators’ and ‘Africa’s40 Richest’.

According to a statement on Forbes website, "Forbes’ inaugural list of the 40 Richest People in Africa is a testament to the growing global importance of the continent. Fortunes are being created everywhere from South Africa clear north to Morocco and Egypt in a diverse array of industries, by companies that cater to local tastes or worldwide needs. The combined wealth of the 40 richest is $64.9 billion – more than Thailand’s 40 richest (at $45 billion) but less than Taiwan’s (at $92.7 billion)." (Source: Forbes Website, 2011)