Mohammed Dewji Out of the Top Ten Africa’s Billionaires List

By Special Report On Jun 11, 2023

Forbes has released its annual list of billionaires around the world, including the 2023 list of the 18 wealthiest men in Africa.

As expected, Aliko Dangote maintains his position as the wealthiest man on the continent having raked in more than USD 3 billion within one year.

However, Tanzania’s Mohammed Dewji has slipped from number Nine (9) a position he held last year, down to Number 14 in 2023.

This therefore means there is no longer an East African Candidate in Africa’s top ten Billionaire Listing.

Dewji however still maintains his USD 1.5 Billion bank balance.

Wealthy people from Egypt, Algeria, Nigeria, Morocco, Zimbabwe and South Africa seem to be calling all the shots this year, with Cairo topping the bill, having five entries.

Here now is the list of Top 18 African Billionaires in 2023 according to Forbes

1)- Aliko Dangote – USD 14.2 billion – Nigeria
2)- Johann Rupert and family – USD 11.1 billion – South Africa
3)- Nicky Oppenheimer and family – USD 8.4 billion- South Africa
4)- Abdulsamad Rabiu – USD 8.2 billion – Nigeria
5)- Nassef Sawiris – USD 7.4 billion- Egypt
6)- Mike Adenuga – USD 6.1 billion – Nigeria
7)- Issad Rebrab and family – USD 4.6 billion – Algeria
8)- Mohamed Mansour – USD 3.6 billion – Egypt
9)- Naguib Sawiris – USD 3.3 billion – Egypt
10)- Patrice Motsepe – USD 2.7 billion- South Africa
11)- Koos Bekker – USD 2.4 billion- South Africa
12)- Strive Masiyiwa – USD 1.9 billion- Zimbabwe
13)- Aziz Akhannouch and family – USD 1.5 billion – Morocco
14)-Mohammed Dewji – USD 1.5 billion – Tanzania
15)- Youssef Mansour – USD 1.5 billion – Egypt
16)- Othman Benjelloun and family – USD 1.3 billion – Morocco
17)- Yasseen Mansour – USD 1.3 billion – Egypt
18)- Michiel Le Roux – USD 1 billion- South Africa

Where did Dangote Get his Wealth?

In the 1940s, Alhassan Dantata was the richest person in West Africa.

He worked with Kola nuts and built the Kano Groundnut Pyramids.

Each pyramid had 15,000 filled bags.

Dantata became the sole supplier to British trading companies.

Alhassan Dantata opened an account with British Bank of West Africa (now First Bank) with 20 camel-loads of silver coins in Kano, Nigeria in 1929

His great grandson, Aliko Dangote following in his footsteps is currently the World’s Richest Black Man.