Nigerian cement and commodities tycoon Aliko Dangote is the richest African for the seventh year in a row.
This is according a new survey (5 January) by Forbes.
He is worth $12.2 billion, up $100 million from a year ago.
South African mining heir Nicky Oppenheimer is the second richest African, worth $7.7 billion, up by $700 million from last year.
Other South Africans on the billionaires’ list include Michiel le Roux (Capitec Bank) and Desmond Sacco (Assore Group).
Christo Wiese saw his wealth drop from $5.5 billion a year ago to $1.1 billion on 5 January.
The Money Show’s Bruce Whitfield interviewed CNBC Africa Head of Programming Chris Bishop.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
He [Christo Wiese] is hanging on by his fingernails.— Chris Bishop
We’ve never seen a fall this rapid [referring to Christo Wiese’s declining fortune].— Chris Bishop
It’s incredible that he [Christo Wiese] is still a billionaire!— Chris Bishop
He [Michiel le Roux] is very quiet and understated… He doesn’t let anybody call him by his surname… There’s no business class travel in his company… Everyone must go economy class…— Chris Bishop
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