revealed Forbes magazine The Middle East is on its list, that billionaires in Africa Richer than they have been in years, despite the global pandemic.
Forbes indicated that billionaires in Africa Richer than they have been in years estimated total billionaire fortunes The continent’s 18 billionaires are worth regarding $84.9 billion, an increase of 15% over the past 12 months.
This is the largest increase since 2014, when there were 28 billionaires with a total wealth of $96.5 billion.
On average, each of the continent’s richest people is worth $4.7 billion now, compared to $3.4 billion in 2014. Soaring stock prices from Nigeria to Zimbabwe have raised the fortunes of these billionaires, with demand for products from cement to luxury goods soaring.
and includes Forbes listFor the richest people in Africa for 2022, Arab billionaires from Egypt, Morocco and Algeria, and the list tracks the wealth of African billionaires residing in the brown continent or their main business is located there, so the Egyptian billionaire residing in London, Mohamed Al-Fayed, was excluded.
Egypt
The investor and descendant of the richest family in Egypt occupies, Nassef SawirisHe is ranked fourth on the list, with an estimated net worth of $8.6 billion as on January 23, 2022.
His fortune on the Forbes momentary list of world billionaires is regarding $8.2 billion on January 25, 2022, and his billionaire brother Naguib Sawiris is ranked eighth, with a net worth of $3.4 billion.
The Egyptian billionaire, Mohamed Mansour, who oversees the Mansour family group, ranks 12th on the list, which also includes his brothers Yassin and Youssef, who share ownership of the family group, in 18th and 15th places, respectively.
Algeria
Billionaire Issad Rebrab and his family are ranked second on the 2021 Forbes list of the richest Arabs with a net worth of $5.1 billion. He is the only Algerian on the list.
Issad Rebrab is the founder and CEO of Cevital, the largest private company in Algeria.
Morocco, West, sunset
The list includes only two billionaires from Morocco, Aziz Akhannouch and his family, with a net worth estimated at $2.2 billion, and Othman Benjelloun and his family, with a net worth estimated at $1.5 billion, according to Forbes estimates.
Akhannouch, who owns a majority stake in the multi-billion dollar Akwa Group, was appointed prime minister of Morocco in September 2021, while Benjelloun is CEO of BMCE Bank of Africa.
