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Black Wealth Is Increasing: Africa Now Has 55 Billionaires - Printable Version

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Black Wealth Is Increasing: Africa Now Has 55 Billionaires - chairman - 10-14-2013

Ventures Africa, a pan-African magazine, reports that the continent of Africa has 55 billionaires with a combined worth of more than $143 billion. Amongst them is Nigerian manufacturer Aliko Dangote, who is the richest African in the world - worth more than $20 billion.

The average net worth of each of the African billionaires is reportedly $2.6 billion, and their average age at 65. The oldest ones are Kenyan industrialist Manu Chandaria and Egyptian property tycoon Mohammed Al-Fayed, who are both 84-years old. The youngest billionaires are Mohammed Dewji of Tanzania and Nigerian oil trader Igho Sanomi, who are both 38-years old.

Uzodinma Iweala, Editor-in-chief of the magazine, said that during his research, he found that each of the billionaires strongly believe that Africa is the best environment to make fortunes and to make changes. He also found that they are not becoming more transparent about their wealth, but are more formally returning wealth to the community. He comments, "As people have more and more money we’re seeing more and more foundations putting money back, and in a more structured way."


Re: Black Wealth Is Increasing: Africa Now Has 55 Billionaires - mapoui - 10-15-2013

how does anyone make a billion dollars Chairman ::confused:: ::confused::

enquiring minds would like to know

::LOL:: ::LOL:: ::LOL:: ::LOL::


Re: Black Wealth Is Increasing: Africa Now Has 55 Billionaires - Captain - 10-15-2013

maps when you find out let me know


Re: Black Wealth Is Increasing: Africa Now Has 55 Billionaires - mapoui - 10-15-2013

Quote:maps when you find out let me know

wen I make my firs' billion.  den I want a [size=24pt]%[/size] :-[

::LOL:: ::LOL:: ::LOL:: ::LOL::
::LOL:: ::LOL:: ::LOL::
::LOL:: ::LOL::
::LOL::


Re: Black Wealth Is Increasing: Africa Now Has 55 Billionaires - mapoui - 10-15-2013



how many billionaires India have now....... ::confused::

is captain one of dem ::confused::


Re: Black Wealth Is Increasing: Africa Now Has 55 Billionaires - Captain - 10-15-2013

nope but I can become one in Zimbabwe


Re: Black Wealth Is Increasing: Africa Now Has 55 Billionaires - mapoui - 10-15-2013

doh worry about Zimbabwe..and making a billion!  why hurt yuh head.  head over to my next thread there and get you some corn soup :-[ :-[ :-[

Tongue Tongue Tongue Tongue Tongue Tongue delicious!


Re: Black Wealth Is Increasing: Africa Now Has 55 Billionaires - Googley - 10-15-2013

wait till Mugabe hear bout this money!!  8)


Re: Black Wealth Is Increasing: Africa Now Has 55 Billionaires - mapoui - 10-15-2013

Quote:wait till Mugabe hear bout this money!!  8)

how come he nah hear about it yet ::confused::

he too busy eating children ::confused::


Re: Black Wealth Is Increasing: Africa Now Has 55 Billionaires - Googley - 10-15-2013

don't know...someone/something distracting him!!