Aliko Dangote Remains Africa’s Richest Man For The 6th Year – See Forbes List

On this year’s list, Forbes is only including African billionaires living in Africa, instead of featuring Africa’s 50 richest people. There are 21 billionaires on this year’s list, worth a combined $70 billion.

Nigerian cement tycoon Aliko Dangoteremains Africa’s richest person for the sixth year running with a $12.1 billion fortune, despite a nearly $5 billion drop in his net worth for the second year in a row. Dangote is joined by just two other Nigerian billionaires on this year’s list – telecom tycoon Mike Adenuga, who is Africa’s third richest person with an estimated $5.8 billion fortune, and oil billionaire Folorunsho Alakija, who has an estimated net worth of $1.6 billion.

Two Nigerians dropped off the Billionaires List this year – oil marketerFemi Otedola, whose net worth dropped from $1.6 billion in November 2015 to $330 million today, and sugar billionaireAbdulsamad Rabiu, whose net worth dropped below $1 billion in the wake of a weakened Nigerian currency.

See full list below