Thanks Husainou, The Only sad part is that 3\4 of them are dictators and looters of public resources. Demba On Wed, Oct 9, 2013 at 4:03 PM, Husainou <[log in to unmask]> wrote: > > > > Nigeria's Ventures magazine lists 55 billionaires > > 7 October 2013 Last updated at 20:53 > **[image: Isabel dos Santos]**Isabel dos Santos is the only Angolan > listed as a billionaire**** > > Africa has 55 billionaires, far more than previously thought, > Nigeria-based Ventures financial magazine says. > > They include three women - the mother of Kenya's president, a daughter of > Angola's president and a Nigerian oil tycoon and fashion designer. > > The richest man is Nigeria's Aliko Dangote, with a fortune of $20.2bn > (£12.5bn), Ventures said. > > The list is likely to reignite debate about inequality between rich and > poor people in Africa, correspondents say. > > In April, the World Bank said the number of people living in extreme > poverty in Africa had risen in the past three decades from 205 million to > 414 million. > > 'Conservative estimate' > > A report earlier this month by research group Afrobarometer suggested that > economic growth in Africa was primarily benefiting a small elite. > > This is the first time the respectedVentures magazine has published a > list of rich Africans<http://www.ventures-africa.com/2013/10/richest-people-africa-2013/>, > reports the BBC's Tomi Oladipo reports from Nigeria's main city Lagos. > > The 55 billionaires it has identified are more numerous than the 16 super > rich Africans listed by US financial magazine Forbes last year<http://www.forbes.com/africa-billionaires/list/> > . > > It was able to identify dozens more billionaires by using "on-the-ground > knowledge" to overcome hurdles that may have "hampered" other researchers, > Ventures said. > > The magazine estimated the 55 billionaires' combined fortunes at > $143.88bn, an average of a $2.6bn per person. > > Of the 55, 20 are Nigerian, nine are South African and eight are Egyptian, > Ventures said. > > The richest woman is Nigeria's Folorunsho Alakija, who made her $7.3bn > fortune mainly in the country's oil industry, it added. > > She also studied fashion in London and made dresses for Maryam Babangida, > the late wife of Nigerian military ruler Ibrahim Babangida, Ventures said. > > Isabel Dos Santos, an Angolan investor and the eldest daughter of Angolan > President Jose Eduardo dos Santos, together with Ngina Kenyatta, the mother > of Kenya's President Uhuru Kenyatta, also made the cut, it added. > > Ventures listed Harvard-trained businessman Allan Gray as South Africa's > richest man, with a fortune of $8.5bn. > > "This media-shy South African moneyman controls two investment companies > that collectively manage over $50bn in assets," Ventures said. > > Nathan Kirsh, a property tycoon in the tiny kingdom of Swaziland, also > made it on the list. > > He is worth $3.6bn, and has business interests in London and New York, > Ventures said. > > Ventures editor-in-chief Uzo Iweala told the BBC's Focus on Africa radio > programme that its estimate of 50 billionaires was probably conservative. > > "There is this culture of you don't necessarily want to show your wealth, > considering the gap between rich and poor," he said. > > "If you have a lot of money, there are a lot of people that you have to > support so we think people may be a little reluctant to be all splashy > about what they have and what their assets are." > ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ To > unsubscribe/subscribe or view archives of postings, go to the Gambia-L Web > interface at: http://listserv.icors.org/archives/gambia-l.html > > To Search in the Gambia-L archives, go to: > http://listserv.icors.org/SCRIPTS/WA-ICORS.EXE?S1=gambia-l To contact the > List Management, please send an e-mail to: > [log in to unmask]¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ > -- *"Be the change you want to see in the World"* ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ To unsubscribe/subscribe or view archives of postings, go to the Gambia-L Web interface at: http://listserv.icors.org/archives/gambia-l.html To Search in the Gambia-L archives, go to: http://listserv.icors.org/SCRIPTS/WA-ICORS.EXE?S1=gambia-l To contact the List Management, please send an e-mail to: [log in to unmask] ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤