Tanzania seems to be the only East African country with a billionaire who gets listed onto the continent’s top ten wealthiest persons.
Forbes just published its annual exclusive billionaires ranking, with only one businessman from East Africa making the coveted list.
And he happens to be a Tanzanian.
Mohammed Dewji with a net worth of USD 1.5 Billion is among the leading ten billionaires on the continent.
Boasting a net worth of USD 13.6 billion, Aliko Dangote from Nigeria continues to reign high as the World’s Richest Black Person.
Nigeria has three candidates in the list: Aliko Dangote, Abdul Samad Rabiu, and Mike Adenuga.
According to Forbes, only seven of the 54 countries in Africa are home to billionaires on the list of world billionaires.
The Ranking lists six billionaires in Egypt, five in South Africa, three in Nigeria, two in Morocco.
Algeria, Tanzania and Zimbabwe have managed to produce one billionaire each.
This therefore means Mo Dewji could be the richest person in the East African Community yet.
With Headquarters in Arusha City, the EAC is a bloc made up of seven countries: Kenya, Rwanda, Uganda, Burundi, Tanzania, South-Sudan and the Democratic Republic of Congo.
But when it comes to the African Continent, Egypt, South Africa and Nigeria, seem to have more billionaires.
This now is the African Billionaires’ list according to Forbes
- Aliko Dangote from Nigeria tops the bill with USD 13.6 Billion
- Johann Rupert (South Africa) comes second with a net worth of USD 10.7 billion
- Nicky Oppenheimer (South Africa) is at number 3 with wealth valued at USD 8.5 billion
- Nassa Onsi Sawiris (Egypt) with a net worth of USD 7.4 billion, is listed at Number 4
- Issad Rebrab (Algeria) at Number 5, has wealth amounting to USD 4.6 billion
- Patrice Motsepe (South Africa) with USD 3.2 billion is at number 6 on the continent.
- (Jacobus Petrus) Koos Bekker (South Africa) is worth USD 2.6 billion at number 7
- Strive Masiyiwa (From Zimbabwe but based in London) is valued at USD 1.9 billion
- Mohammed Dewji from Dar-es-salaam, Tanzania with a net worth of USD 1.5 billion is listed at number 9.
- Aziz Alchannouch (The Prime Minister of Morocco) also has USD 1.5 billion under his belt.
- Othman Benjelloun (also from Morocco) is valued at USD 1.3 billion and worth mentioning despite being a step away from the top-ten.