Equity Group has become a dominant force in East and Central Africa under Mwangi, who owns 3.38 percent of the group.
African Billionaires
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Davis, a leading South African banker and executive ranks as one of the country’s most affluent executives.
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This year alone, Jordan’s fortune has grown by $1.8 billion, solidifying his status as one of the world’s richest Black billionaires.
- Hot NewsLatest NewsWest & Central Africa
Billionaire Femi Otedola Applauds Lagos Governor over Light Rail Completion
Femi Otedola is the Chairman of Geregu Power Plc
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Led by visionary businessman Hassan Allam and his brother Amr Allam, the company has a construction backlog exceeding $3 billion.
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Patrick Soon-Shiong’s net worth has experienced a significant upswing, rising from $8.68 billion on August 28 to an impressive $8.86 billion
- West & Central Africa
Aliko Dangote’s sugar firm soars, becoming Africa’s newest billion-dollar empire
This remarkable milestone has further solidified Dangote’s status as the richest man on the African continent.
- West & Central Africa
One of Nigeria’s richest bankers, Herbert Wigwe rakes in $2.7 million in 19 days
Wigwe holds a substantial 9.09-percent stake in the lender, equating to 3,230,789,014 ordinary shares.
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Bad Boy Entertainment, founded by Combs in 1993, soared to prominence during the 1990s.
- Southern Africa
Africa’s first Black billionaire Patrice Motsepe to receive $56 million in dividends from ARM
Motsepe, who founded ARM in 1997 as South Africa’s first Black-owned mining firm, presently owns a 40.37-percent stake in the company.