Sudhir Drops Off Africa’s Billionaires List

Sudhir Drops Off Africa’s Billionaires List

Africa has 10 billionaires this year down from 12 last year, according to FORBES magazine.

Uganda’s Sudhir Ruparelia’s wealth evaporated when his treasured Crane Bank crushed and burned and got sold off to DFCU bank, and he vanishes from the list.

Sudhir used to be estimated at net worth of $1.1 billion before the collapse of Crane Bank and was regarded as the East African richest man, which is no longer the case today.

Who are African Billionaires?

With an estimated net worth of $12.2 billion, Nigerian business magnate, Aliko Dangote is still the richest black person in the world. Dangote is not only the richest man in Africa; he’s also the world’s richest black person.

The next person on the list is the Saudi-Ethiopian construction magnate Mohammed Al-Amoudi with an estimated worth of $8.4billion. He is followed by Mike Adenuga ($6.1 billion), Isabel Dos Santos ($3.1 billion), and Oprah Winfrey ($3 billion).

The self-made media mogul Oprah Winfrey is still the richest African-American person in the world.

Meet The Top 10 Richest Black Billionaires In The World For 2017

  1. Aliko Dangote ($12.2 billion) Nigeria, Sugar, Cement, Flour

2. Mohammed Al-Amoudi ($8.4billion) Saudi-Ethiopian tycoon, Oil

3. Mike Adenuga ($6.1 billion) Nigeria, Oil

4. Isabel Dos Santos ($3.1 billion) Angola, Investments

5. Oprah Winfrey ($3 billion) US, Television Save

6. Robert Smith ($2.5 billion) US, Private Equity

7. Patrice Motsepe ($1.81 billion) South Africa, Mining

8. Folorunsho Alakija ($1.61 billion) Nigeria, Oil

9. Michael Jordan ($1.31 billion) US, Basketball Save

10. Mohammed Ibrahim ($1.14 billion) UK, Mobile Telecoms, Investments