Note Worthy Facts On the 2012 Forbes Africa Richest List!

Apart from being Africa’s richest man, Kano-born business tycoon, Aliko Dangote was rated 76th Forbes world’s richest billionaire.

Notable newcomers include the list’s first two women: top designer and oil magnate (Agbami oil field), Folorunsho Alakija of Nigeria; and Isabel dos Santos of Angola, an entrepreneur, investor and daughter of that country’s president. Other notable newcomers are: South Africa’s Desmond Sacco and Koos Bekker. Sacco made his billions thanks to his shares in mining concern Assore, which he chairs while Bekker turned media group Naspers into a true multinational firm, taking neither a salary nor a bonus along the way.

Africa’s economic giant, South Africa  is home to 12 of Africa’s 40 richest, followed by Nigeria, with 11. Egypt comes next, with eight members on the Forbes list, and Morocco with five.

The wealthiest hail from eight countries – up from six last year.

 The two new countries represented are Angola (Isabel dos Santos) and Tanzania (Said Salim Bakhresa).

Thirty-two fortunes are self-made; 19 people have net worth higher than a year ago, while 10 have fortunes that dropped in value.

The average age is 63 – up from an average of 61 last year.

The minimum net worth required to make the list of richest Africans was $400 million, up from $250 million in 2011.

4 of the 40 draw their net worth from oil. Ten, by contrast, have diversified fortunes, either through ownership of a conglomerate (like Egypt’s Mansours) or ownership of assets in diverse realms, like Kenya’s Naushad Merali. Six built their wealth in the financial industry.

Full List of Forbes Africa’s 40 Richest List

Rank                     Name                              Net worth ($ mil)             Age

1     Aliko Dangote                                          $12,000                        55

2    Nicky Oppenheimer & family               $6,400                          67

3	Johann Rupert & family	$5,700	62
4	Nassef Sawiris	$5,500	51
5	Mike Adenuga	$4,600	59
6	Christoffel Wiese	$3,700	71
7	Othman Benjelloun	$2,750	80
8	Patrice Motsepe	$2,650	50
9	Naguib Sawiris	$2,500	58
10	Mohamed Mansour	$2,200	64
11	Onsi Sawiris	$2,170	82
12	Miloud Chaabi	$2,100	83
13	Yasseen Mansour	$2,000	51
14	Youssef Mansour	$1,950	67
15	Desmond Sacco	$1,400	70
16	Anas Sefrioui	$1,350	55
17	Stephen Saad	$975	48
18	Sudhir Ruparelia	$900	56
19	Jim Ovia	$825	58
20	Shafik Gabr	$720	60
21	Abdulsamad Rabiu	$675	-
21	Cyril Ramaphosa	$675	60
23	Lauritz (Laurie) Dippenaar	$625	64
24	Folorunsho Alakija	$600	61
24	Theophilus Danjuma	$600	73
26	Oba Otudeko	$575	68
27	Raymond Ackerman	$550	81
27	Mohammed Indimi	$550	64
29	Samih Sawiris	$525	55
30	Said Salim Bakhresa	$520	63
31	Isabel dos Santos	$500	39
31	Moulay Hafid Elalamy	$500	52
31	O.B. Lulu-Briggs	$500	82
34	Alami Lazraq	$490	62
35	Gerrit Thomas (GT) Ferreira	$480	64
36	Koos Bekker	$450	59
37	Sani Bello	$425	69
38	Jannie Mouton	$415	65
39	Naushad Merali	$410	61
40	Hakeem Belo-Osagie	$400	57

Courtesy: Forbes