Forbes releases 2018 list of Africa’s Richest billionaires, Aliko Dangote retains position as richest African for the eight time followed by Mike Adenuga

Forbes magazine has released its 2018 list of
Africa’s Richest billionaires.
Nigeria’s Aliko Dangote retained his
position as the richest man in Africa for eight
years straight. He, however, lost almost $2bn
compared to his last year’s worth.
According to the list, Aliko’s networth currently
stands at $10.3 billion.
Telecommunication’s magnate, Mike Adenuga,
was number 2 on the list with a $9.2 billion
worth. Folorunsho Alakija was one of the
billionaires who suffered a drop in their net
worth between last year and this year, as she
held No 19 on the 20-man list. She is currently
worth $1.1 billion.
Nigeria’s cement mogul Abdulsamad Rabiu,
who runs and owns the BUA Group,featured
on the list for the first time since 2015, with
his networth standing at $1.6 billion.

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